College basketball is one of the most exciting sports to bet, especially come tournament time. This page will help those new to betting understand some of the basic terminology as well as provide details on how to read and understand college basketball odds.
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Types of College Basketball Bets
Understanding the various types of college basketball bets, and how they payout, is a must before placing a wager with any confidence. The most common betting types that you will encounter with college basketball are:
- Moneyline
- Against the Spread
- Over/Under Totals
College Basketball Moneylines
In terms of basketball betting, making moneyline bets involves the bettor selecting the winning team. All games involve a favorite and an underdog, whereby the favorite is the team expected to win and the underdog is the expected loser. The odds table shows prospective gamblers what teams are favorites and underdogs by marking the favorite team's name with (-) against the underdog's name, which is tagged with (+).
In basketball, point spreads may be defined as margin of victory or point spread wager. It involves the bettor predicting the winning team and the margin of victory. In point spread betting, the team must cover the point spread determined by the bookmakers. The bookmakers? point spread bet belongs to the favorite team which is indicated by the (-) sign. If a certain figure is placed next to the (-) sign, it indicates how many points the favorite team must win by in order to win the bet.
Aside from the spread number, bettors also need to be aware of the juice, or the vig, which is the “tax” that betters pay to a sportsbook to place their wager. Typically, you'll see this number directly below the spread in a smaller font. In this game, each team has their own juice number, meaning that the tax you pay to the sportsbook will be different depending on the team you wager on.
What happens, you may wonder, if Iowa wins the game by exactly 4 points? This scenario is what is known as a “push”. A push means that no team covered the spread and you will get the money back that you placed on the wager. In some instances, oddsmakers will set an even spread, which means that they see each team as likely to win the contest as the other. This is commonly referred to as a “pick ‘em” matchup.
College Basketball Over/Unders
Over/Unders, or totals, are another typical college basketball bet. Betting over/under means deciding if both teams will combine to score more or less than a specific point total assigned by oddsmakers for the contest. The winner or loser of the game is irrelevant in this wager. The bettor is only concerned with the combined point total regardless of the outcome.
How to Use College Basketball Odds Page
You will likely notice that moneylines, point spreads, and over/under totals vary from one sportsbook to the next for the same college basketball game. Seasoned bettors know that it pays to "shop for lines" before making a wager.
All this means is that it is best practice to look at each sportsbook's line for a game that you are interested in betting on to ensure that you are putting your money in the place that offers the highest potential payout. To make this work easier for you, we have compiled odds from each sportsbook for all of the college basketball games in a given day.
Here are a few notes on how to get the most out of the College Basketball Odds page.
- You’ll never have to guess which sportsbook has the best odds for a given game. We pull in up-to-the-minute odds from every Philippines sportsbook and denotes the most favorable odds in "Best Odds" column for every bet type. This not only saves you time, but helps ensure that you're always putting yourself in the best position to earn more per wager.
- Filter games by specific bet types (moneyline, spread, over/unders) or show all three at once. Whether you want to see a holistic view of the day's action or drill into a specific betting market, our odds page is customizable to meet your preference.
- Our subscribers can further customize the page by only displaying the sportsbooks that you have an account with. This helps simplify the page and streamline your betting process.
- Sportsbooks offer odds on specific timeframes within a game in addition to just the final outcome. For the College Basketball, this often includes specific odds for each quarter or half. Our College Basketball Odds page allows you to filter between the various game timeframes to bet a contest in a variety of different ways as it plays out in real-time.
- Sports betting is legal in Philippines. As such, The College Basketball Odds page will allow you to see the sportsbook odds and prices available to you depending on where you are in the Philippines.
Other Ways to Bet on College Basketball
There are other options available for those looking for more ways to get into College Basketball betting including:
- Parlay
- Futures
- Player Props
- Daily Fantasy
College Basketball Parlays
A parlay is combining two or more wagers into a single betting ticket with the goal of increasing the potential payout. A bettor must win every wager on the ticket in order to win the parlay. While this makes the chances of winning more difficult, parlay bets increase your potential earnings. The more bets added to a parlay, the higher the payout potential.
Bettors can create a parlay by grouping any type of bets together, like a moneyline and an over/under total. Let's create an Iowa moneyline and over 146.5 parlay using our sample matchup.
College Basketball Futures
Futures bets are exactly what they sound like: betting on an event where the outcome will be settled in the future (not within the same day or week). Futures bets exclusively deal with moneylines. Examples of futures betting for in College Basketball include placing a wager on a team to win their conference tournament, make the Final Four, or win the NCAA Tournament.
Futures bets payout very well because they are incredibly difficult to get right. Typically, a futures bet is placed at the beginning of the college basketball season and requires a bettor to accurately predict an outcome that is months into the future. The best odds are available earlier in the college basketball season, but bettors are able to make futures bets throughout the course of the season as well. The odds are updated regularly to reflect a given team's performance throughout the course of the year, so the odds may not be as favorable later on.
