How To Bet On College Basketball
A lot of people love college basketball. If you consider yourself an expert on the sport then you might want to try to make some money off of your knowledge. You can do this by betting on games. There are a lot of options when it comes to betting NCAA basketball. But, with this article I’m going to make sure you are well versed with each one.
- College Basketball Tips
- How To Bet On College Basketball Games
- Best Bet Ncaa Basketball
- How To Bet On College Basketball In Vegas
Point Spreads (Sides)
Most basketball bets are made on the point spreads. This is the easiest wager to understand. The sportsbook puts out a number to try and balance out the action on each side. If you want to wager on the favorite then you subtract the spread from that team’s score. If your team still has more points then you win the wager, if not you lose. For underdogs you add the point spread to that team’s total to see if they cover or not.
On nearly every basketball point spread you will lay -110 to win 100. However, using a reduced juice sportsbook like 5 Dimes allows you to bet $105 to profit $100.
Here is an example of what I’m talking about:
- What Are The Best College Basketball Betting Sites There are many ways in which you can wager on a college basketball game, with the most popular markets being Against the Spread, Totals and Moneyline picks. There are also many online sportsbooks or betting sites.
- Use the following ‘Bet On Basketball’ guide to help you get started with basketball betting while providing you with the best NBA. How to Bet on College.
Iowa +10
Michigan -10
College basketball bets don't get much simpler than moneyline — just pick which team will win straight up. Essentially, it's a 50-50 shot. However, the payout is rarely 50-50. Typically, bookies set one team as the betting favorite and the other as an underdog.
In this example if you want Iowa you will bet $11 to win $10 (or any denomination thereof). If Iowa beats the Wolverines or loses by less than 10 points your bet will cash. The only way you will lose is if Iowa loses by more than 10 points.
By taking Michigan you are only going to collect if they beat Iowa by more than 10 points. A win by less than 10 points means you lose.
If Michigan wins by exactly 10 points then you push. The amount you bet is returned back to you.
Money Lines
Money lines are straight forward wagers on who is going to take the game straight up. You don’t have to worry about a point spread. The sportsbook manages risk by using a number that tells you how much you have to risk to collect $100 in winnings. For favorites a minus (-) sign is used to tell the gambler how much he has to put at stake to profit $100. The underdogs get a plus (+) sign to signal how much a bettor can cash in on a $100 wager. Let’s take a look at another example.
Iowa +250
Michigan -270
In this example when you think Michigan will beat the Hawks you have to gamble $270 to win $100. A $100 bet on Iowa would get you $250. The more likely the favorite is to be victorious, the higher the numbers will be. If two evenly matched squads are facing off both money lines will be close to -110.
You can read more on understanding money lines or take a look at our conversion chart to see the percentage chance of each team winning at any given line.
Totals (Over/Unders)
Do you think two teams are going to play a high or low scoring game? If so then gambling on the total might be your best option. The sportsbook releases a number and you have a chance to wager on whether you think the total points scored by both teams will go over or under that number. For example if the total is 144.5 any bet on the “over” will cash if 145 points or more are scored in the game. If both teams add up to 144 or less, “under” wagers cash.
Parlays
You might have heard the term “parlay” before and what this refers to is a combination of bets (sides and totals). Each one of the wagers has to win for you to cash in on your parlay. As you can see from the table below for a small amount of risk you have the opportunity to earn some pretty big returns.
*Note the payouts are for -110 bets. You can still parlay big favorites on the money line those but the payouts will be much less.
Parlay Payouts | ||
Payout | ||
2 | 13/5 | $26.00 |
3 | 6/1 | $60.00 |
4 | 10/1 | $100.00 |
5 | 25/1 | $250.00 |
6 | 40/1 | $400.00 |
7 | 75/1 | $750.00 |
8 | 150/1 | $1,500.00 |
9 | 300/1 | $3,000.00 |
10 | 700/1 | $7,000.00 |
11 | 1,100/1 | $11,000.00 |
12 | 1,800/1 | $18,000.00 |
*example |
Teasers
You like a team to win but think the spread is a little high? Teasers are used to adjust the point spreads or totals more to your liking. Below is the table that illustrates how many points you are allowed move the odds in your favor and the payout for the number of teams you select.
BASKETBALL TEASERS | |||
POINTS | 5 pts | 5½ pts | 6 pts |
2 Team | -110 | -120 | -130 |
3 Team | +145 | +135 | +125 |
4 Team | +300 | +250 | +200 |
5 Team | +450 | +400 | +350 |
6 Team | +600 | +550 | +500 |
7 Team | +800 | +700 | +600 |
* TIE + LOSS = LOSS * TIE + WIN = PUSH |
*Courtesy of Bookmaker.
Our NCAA basketball teaser guide shows you which spreads are better than others. You will also want to make sure you get the best teaser odds on each of the different possibilities.
Props
On popular, nationally televised games the sportsbooks will sometimes release prop bets. These are wagers you can place on how many points, rebounds, assists or another stat a player will have in a game. The options for prop bets are endless. There are matchup stats between players as well.
The only problem with proposition wagers is the juice is sometimes higher.
Futures
You want a wager that will last a long time? Take a look at the college basketball futures odds. These are bets like who is going to win the regular season conference title, conference tournament, and NCAA tournament. You only have to risk a small amount for a big payout. But, the down side is your money will be tied up for a long period of time.
Halftimes
For sides and totals you don’t just have to take something for the entire game. There are options to gamble on just the first or second half. First half bets are a good tool to use if you think a big favorite is going to jump on a team early. Second half lines are best used only when watching a game. Did a team have some bad breaks? Did their opponent shoot lights out from outside? I wouldn’t take a favorite who is down at the half blindly. Sometimes the matchup just isn’t as good as oddsmakers originally thought.
Now that you know the different options for NCAA basketball take a look at our betting strategies. We teach you how to break down games, and what situations typically lead to profits.
How to Bet:
Our team of experts at The Sports Geek has spent countless hours combing through online sportsbooks that offer college basketball betting lines and odds, and they have narrowed down the sea of options to this definitive list. Below are our selections for the best college basketball betting sites. Using a long list of data points, we’ve identified which sites will provide you with the best balance between all the vital attributes that make up a good betting website.
Rank | Bonus | Bet Now | |
---|---|---|---|
1 | Betway | up to €30 Free Bet | Go to Site |
2 | 100% up to €122 | Go to Site | |
3 | Spin Sports | 100% up to €200 | Go to Site |
4 | 100% up to €50 | Go to Site | |
5 | Guts Sports | 100% up to €50 | Go to Site |
For some of us, it might be cheering on our alma mater, and for others, it may just be getting into March Madness betting, but college basketball has always had an appeal. The consistently fast-paced and exciting world of college hoops offers both an entertaining sporting experience as well as unique opportunities to bet on the NCAA.
We are going to get you schooled on how to bet on college basketball by teaching you the basics, sharing invaluable resources, and helping you figure out where to bet. By the end of this article, you’ll be ready to start NCAAB betting on your own.
We should mention that we do not allow sites to pay for placement on this list. We make all recommendations free from any outside influence. Our goal is to remain objective so that we can provide you with the best possible information without any bias. Later in the article, you’ll find a small selection of the criteria we used in making our selections so you can get a glimpse into our thought process. Feel free to use this list as a reference when evaluating any NCAAB betting sites you may have your eye on.
Resources for NCAAB Betting
Free Expert NCAAB Picks
The first resource you should be aware of is our section of expert NCAA picks. Here, you will find tons of insights and tips that will help you refine your picks and get a sneak peek into what the pros are thinking. We provide detailed analysis so you can see previous games, player stats, and other impactful data. Even if you don’t intend to plug-and-play our expert picks, keeping an eye on them can help you develop your strategy. Over time, you will start to see patterns in the expert picks that you can incorporate into your NCAAB betting strategy. Let us be your mentor! We can give you the inside scoop while you are still learning.
Minnesota Golden Gophers at Northwestern Wildcats – NCAAM March 10
Notre Dame Fighting Irish at North Carolina Tar Heels – NCAAM March 10
California Golden Bears at Stanford Cardinal – NCAAM March 10
Oklahoma Sooners vs. Iowa State Cyclones – NCAAM March 10
Marquette Golden Eagles vs. Georgetown Hoyas – NCAAM March 10
DePaul Blue Demons vs. Providence Friars Pick – NCAAM March 10, 2021
New Mexico Lobos vs. Fresno State Bulldogs Pick – NCAAM March 10, 2021
Oakland Golden Grizzlies at Cleveland State Vikings – NCAAM March 9
Cal State Northridge Matadors vs. Long Beach State 49ers – NCAAM March 9
NCAAB Computer Picks
Another beneficial section is our exclusive AI picks library. As you may know, AI stands for artificial intelligence. We use a sophisticated supercomputer to break down each matchup into a mathematical probability. By taking into account thousands of different factors, the system determines the most statistically probable outcome. The best part about using artificial intelligence in picking NCAA basketball winners is that the system improves over time. Each incorrect pick becomes a new data point to help refine the model.
Basketball Betting News
One thing you’ll quickly learn is that keeping up with the news in the NCAA is vital to basketball betting success. You need to have a pulse on what’s happening around the league if you want to make accurate picks. While a bevy of numbers and statistics is good, not everything is quantitative, and stats will only get you so far. We keep an ear to the ground to bring you up-to-date NCAA basketball news on everything you need to know, including injuries, hot streaks, and star players.
Basketball Betting Blog
In addition to our comprehensive news coverage, we also take on lots of other topics in our NCAA basketball blog. This is where you will find tons of valuable bits beyond current events including NCAAB betting tips, college basketball live betting advice, and much more. Over the years, we’ve accumulated hundreds of articles on everything from comparisons on betting strategies to bracket strategy. The blog is a great resource to refer back to when you are ready to take your NCAA basketball betting to the next level.
College Basketball Betting Strategy
Finally, we provide tons of resources to help you build your NCAAB betting strategy. There is way more to successful NCAA basketball betting than just picking a winner. To take full advantage, you need to know what makes the league tick and be able to take advantage of some of the unique betting options NCAA basketball offers. These strategy resources will give you insight into everything from basic betting fundamentals to learning to squeeze value out of every bet. We have something for everyone, whether you are a newbie or a pro.
Aspects of a Good NCAAB Betting Site
Signup Bonuses
One of the first things you need to look for when choosing a new NCAA basketball betting website is an excellent new player signup bonus. This is a bonus that online sportsbooks will offer to new players to lure them away from competing sites. Most of the time, these are provided as a match on the player’s initial deposit.
This bankroll boost and enable you to bet long and can give you more runway to learn. Even if it requires depositing more than you originally planned on, we suggest taking full advantage of these one-time perks if you can.
Promotions
Promos are a tool used by sports betting and gambling sites to keep players engaged. They offer new ways to play or other perks that encourage bettors to bet more often and bet bigger. Sometimes, these will come in the form of cashback on losses, or maybe an odds boost for a specific bet. But regardless of what your chosen NCAAB betting site offers, we recommend you take advantage.
Always check for which promos are active before placing your basketball bets. There is a good chance a live promo will overlap with your bet. You need to stay on top of checking promos because, while your bet may qualify, you often need to opt into the promo to get the extra value.
NCAAB Betting Site Security
We need to discuss website security as part of any proper analysis of NCAA basketball betting sites. You must play on a site that puts player safety above all else. We looked for sites using a variety of advanced technologies to keep player data secure. Our team of security experts has vetted all the sites on the list, and each one has been verified secure. We can assure you that playing on any of these recommended sites will provide you with the safest possible online betting experience.
Competitive College Basketball Betting Lines and Odds
One of the most critical factors in choosing an NCAA basketball betting website is making sure they offer competitive odds. Betting odds are how a sportsbook conveys the payout that corresponds with a specific bet. We’ll get into the details more later, but for now, just know that you want the best NCAAB betting odds possible, so you can maximize your wins when you pick correctly.
Each bookmaker creates their bets and their odds, so you will often find a wide range of odds on the same bet across different websites.
Cryptocurrency
A relative newcomer to sports betting and online gambling, cryptocurrency came onto the scene in a big way a few years back with the explosion of Bitcoin in 2017. These digital coins have become wildly popular for their anonymity, ease of use, and low fees. Millions of people are trading thousands of coins around the world, and this new payment method has worked its way into mainstream life, as well as online gambling. Each of the real money NCAAB betting sites on our list can provide you with a variety of options to bet with cryptocurrencies, and some even offer exclusive cryptocurrency bonuses.
NCAAB Betting Platforms
It is also essential that any NCAA basketball betting website we recommend provides players with a range of betting options. Nowadays, players want to be able to gamble when and where they choose. This means having access to their account from anywhere. The sites on our list offer a range of betting platforms that include PC, tablet, and mobile. We think the player must be in control so they can take advantage of every opportunity, regardless of whether or not they can get to a computer.
User Interface
While having multiple platforms is great, it is also important that those platforms work seamlessly and are easy to use. Each of the recommended sites invests heavily in the player experience by continually developing and tweaking their user interface to make it as straightforward, clear, and easy to use as possible. Also, these sites are aesthetically pleasing, so not only will you find them simple to use, but you’ll enjoy spending time on them.
Customer Service
Last but not least, customer service is the backbone of any good NCAAB betting site. We chose sites with 24/7 support with multiple contact options, including email, phone, and chat. With tons of satisfied customers and a track record of putting players first, you can relax when playing on any of these sites. If you should have an issue, they will have you back, and they will get you a quick resolution.
Understanding NCAA Basketball Odds and Lines
The first thing we need to learn when getting into NCAA basketball betting is how to read odds and lines. You may have seen these before in your local sportsbook, and they looked intimidating. Don’t worry. We’ll help to simplify them. These tables will tell us everything we need to know about any bet we are thinking about placing. We’ll learn how to college basketball odds and lines read them using an example, but first, let discuss what they are.
NCAAB Odds, as we mentioned earlier, are how you tell what a bet will pay if you win. These will be represented by a positive or negative number greater than 100 or less than -100. This number represents the payout that correlates with a $100 bet, and the plus or minus sign tells us which team is the favorite. The team with a negative number is the favorite, and the team with a plus sign is the underdog.
Next is the “spread” or the “line.” This refers to the number of points a team is expected to win or lose by. Similar to the odds, the negative number represents the favorite and the positive number, the underdog. These are often presented in increments of half points to prevent a tie. Let’s say a team is showing -5.5. This would mean they are expected to win by 5.5 points. If they were showing +5.5, they would be expected to lose by 5.5 points. We’ll get into more detail in a bit.
Most Popular NCAA Basketball Bets
It used to be that sports betting was as simple as picking which team will win the game, but over the years, betting has become significantly more complicated. Here are a few of the betting types you can expect to come across as you get deeper into the world of NCAAB betting. While each wager may be worth trying out, we suggest finding one or two that work for you and sticking to those. You will be better off honing your skills in a specific area rather than trying to be a jack of all trades. Most pros only use one or two types, and many of them make a killing.
College Basketball Tips
NCAAB Spread Bets
When it comes to NCAAB betting, the first type of wager you may come across when college basketball handicapping is spread betting, or “betting the spread.” As we just learned, the spread shows how much a team is expected to win or lose by. The goal of a spread bet it to beat expectations, not to win or lose the game. The idea of using a spread is to level the playing field between two unequal teams. To account for this, the bookmaker creates this spread to make betting on each team more evenly matched. If there were no spread, everyone would always bet on the favorite. Let’s take a look at an example.
Here, we can see California is projected at -14.5, while Prairie View is projected at +14.5. Right off the bat, we know that California is expected to win because their number is negative. We could read this as saying, “California is expected to beat Prairie View by 14.5 points.” Under the spread, we see that both teams are showing -117 odds, so we would win the same regardless of which team we bet on.
To win a spread bet, we need to beat the expectations set by the spread. In our example, the expectation for California is to win by 14.5 points. Therefore, if California wins by 15 points, we win our bet. If California wins by 14 points, we lose our bet. This example illustrates the key differentiator for a spread bet: Your team can win the game, and you can still lose your bet.
Conversely, the expectation for Prairie View is to lose by 14.5 points. If they lose by 15 points, you lose your bet. However, if they lose by only 14 points, you win your bet. Here, your team may lose the game, and you still win your bet since they beat the spread.
How To Bet On College Basketball Games
Let’s say there is an overwhelming number of bets for California, and the bet is no longer balanced. The bookmaker might move the line to -15.5 for Cal and +15.5 for Prairie View. In doing so, California now needs to perform even better for the bet to win, while Prairie View can now do even worse and still win. This encourages people to bet on Prairie View while discouraging further bets on Cal.
NCAA Basketball Moneyline Bets
The next type of bet you might see in NCAAB betting is a moneyline wager. These are more straightforward than spreads, but they work similarly. With spread bets, the bookmaker adjusts the expected performance of each team to equalize the bet. With a moneyline bet, the bookmaker adjusted the payouts, and the only thing that matters is if your team wins the game.
Here is an example of how bookmakers present college basketball moneylines. You can see that each team is assigned odds, just like we discussed earlier. In this example, California is -2500, while Prairie View is +800, meaning Cal is a significant favorite to win the game.
Remember that, unlike a spread bet, your team needs to win the game for you to win the bets. This is why the gap between the two teams’ odds is so large. The payout corresponds with the likeliness of the outcome, so you can win much more by betting on NCAA basketball games if you take the underdog. To illustrate this, let’s look at a winning bet on each team given these odds.
Let’s start by saying we bet $100 on Cal, and they win. They are offered at -2500 as a heavy favorite. This means that a $100 bet will win only $4. Add that to your original bet, and your total payout is $104. If that seems like a dismal payout on a $100 bet, that’s because the chances of you winning that $4 are incredibly high, and there is significantly less risk.
Now, let’s look at the other side of the NCAAB bet. Say we wager $100 on Prairie View, and they win. Here, they are offered at +800 as a major underdog. As far as the bookmaker is concerned, they have very little chance of winning the game. Let’s say they defy the odds and win. In this case, we’d win $800 plus our original bet for a total payout of $900. As you can see, there’s significantly more profitable. This variance is due to the varied risk. The risk of betting on Prairie View is much, much higher than betting on Cal, but you get handsomely rewarded if you hit.
NCAAB Over/Under Bets
Maybe you would rather just bet on the whole game rather than on a specific team. In that case, perhaps over/under bets are for you. These are bets on the total points scored in the entire game rather than a bet on either team. Using our previous example, here is how it works.
In the middle row, there are two numbers designated with an “O” and a “U.” These numbers refer to the threshold of points at which an over bet wins against an under bet. While these do line up with different teams visually, that does not impact the bet. Just because the “O” is on the Prairie View line, that does not mean the over bet only applies to that team. You are merely betting how many total points will be scored.
You win an over/under bet by correctly picking where the point total for the game will end. This means points scored by both teams, not just one.Here, we can see that the over/under is 143.5. If we place an over bet, a point total of 144 will win. Conversely, if the point total were 143, we would lose an over but would have won an under bet. These NCAAB bets can be useful in situations where you have reason to suspect abnormally offensive or defensive games.
NCAA Basketball Prop Bets
Next up in the world of real money NCAAB betting is prop bets. This type can offer some of the most exciting wagers and can add a whole new level of fun to watching any game. Prop bets are more like the off-hand bets you’d make with your buddies’ mid-game. You can place bets on all kinds of small outcomes like who will win the tip, who will foul out first, or how many threes a particular player will hit. These types of bets can make every single aspect of the game thrilling, and they can also win you tons of cash if done correctly. Many bettors like to use these in tandem with other bets to build parlays.
The prop bets you take can have a significant impact on your success as some require much more skill than others. If you are just looking to try new bets and have fun, go nuts, but if you are serious about winning, take prop bets that require more skill. Look for bets on things that can be more predictable and have more data available. If you can spot patterns no one else can, you can turn NCAAB prop bets into serious cash.
NCAAB Bracket Bets
Last, but certainly not least, is college basketball bracket bets. These are likely one of the most popular NCAAB betting options and is by far the most popular in all of college athletics. Centering around the March Madness tournament, bracket bets are a unique way of picking winners that operates somewhat like a massive parlay.
When we talk about an NCAA basketball bracket, we are referring to the massive 68-team tournament held annually to award the NCAA college basketball national championship. The event takes place over multiple weeks and involves dozens of fast-paced games happening at the same time. The structure of this tournament is called a bracket, which looks like this.
To start NCAAB betting, you begin with a bracket that shows all the teams that the tournament includes, along with their first matchup. Your job is to pick the winner of each game down to the championship. While this may sound easy, the probability of picking a perfect bracket are 1 in 9.2 quintillion. To put that into perspective, you are 32 million times more likely to win the Power Ball jackpot than you are to pick a perfect bracket.
As the tournament progresses, bettors get points for each correct guess, and their point total is compared with their fellow players. The biggest key to success in NCAAB betting with brackets is making high-quality picks in the first round, so you have as many teams as possible moving forward. Poor first-round picks can leave your bracket busted, meaning the teams you picked to go deep are already knocked out of the tournament. Betting on college basketball online with bracket bets is a ton of fun and can be a great way to get new players interested in the sport.
Summary on NCAAB Betting Online
There are tons of exciting ways to bet on college basketball. If you are looking for exhilarating real money sports betting, NCAA basketball is the sport for you. With extremely competitive matchups all season long and the most exciting postseason in all of college athletics, betting on college basketball can provide the perfect opportunities for new players as well as pros to get in on the action.
Hopefully, this page titled “College Basketball Betting Explained” has explained NCAA betting, and you feel confident in placing your first real money bets. Check back on The Sports Geek for more guides and info to help with NCAAB betting strategy as you continue to develop as a player. Always bet responsibly, and never bet more than you can afford to lose. Have fun and good luck!