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From the beginning of November until early April, gamblers from around the world wager on NCAA College Basketball. Betting on NCAA College Basketball is becoming more and more increasingly popular in part, due to the sport of basketball gaining steam all around the world. College Basketball used to be a sport that was only popular around the month of March due to the office bracket pools that would be played at workplaces, between friends and family.
Those are days of the past as now, betting on NCAA College Basketball is as prominent as betting on NCAA College Football or any other sport. Below we will explain to you various means of wagering on NCAA College Basketball.
Point Spread Wagering
The most popular form of wagering, in most sports, is wagering on a team with or against the Point Spread. Point Spread Wagering can best be defined as any wager that you are adding or subtracting a certain, predetermined amount of points, to or from the final score of the team you are wagering on.
A perfect example of a Point Spread Wager is Duke Blue Devils -15 over Maryland Terrapins. What this is saying is if you were to bet on the Duke Blue Devils, you would take 15 points off their final score. That final result score would need to be larger than the Maryland Terrapins score in order for you to win. If the final score was Duke 100 Maryland 80, you would win because the Blue Devils won by 20 points and you were only laying 15 but if the final score was Duke 100 Maryland 87, you would lose because the final score less the 15 points would be Duke 85 Maryland 87.
Total Wagers (Over or Under)
Another very popular way of betting on NCAA College Basketball is by wagering on whether the final score will be over or under the posted total. Over and Under plays are very popular in sports today mainly because you are basically playing both teams with the hopes of the game being offensive or defensive. If someone believes that the game will be a high scoring affair, they are more inclined to playing the over but if they think the game will be a very low scoring game, they are more inclined to play the under.
When you play the over, your total combined score will need to equal more than the predetermined total number. For example, if the total in the North Carolina vs. Georgia Tech game is 155 points and you wager $250 on the over. You will need the score between the Tar Heels and the Yellow Jackets to add up to more than 155 points combined. Therefore if the final score of the game is North Carolina 80 Georgia Tech 78, you would win because 80 + 78 = 158 and that is higher than 155.
Betting on the Moneylines is as easy as picking a side. With Moneyline wagers, you do not take off or add on any point spreads and the games are even up win or lose. The difference in Moneylines is your winnings or losings are based on odds that are predetermined by the oddsmakers. The favorite in the game will always be a (-) number and the underdog in the game will be the (+) team.
An example of a Moneyline wager is let’s say for instance, the Michigan Wolverines are -185 in a game against the Minnesota Golden Gophers. If you bet on Michigan for $100 and they win, you will win $100 but if Michigan gets upset and you lose, your loss will be $185.
Betting parlays is a great way to make some extra money by combining 2 or more plays on a single ticket. When betting parlays, you’re basically betting on 2 or more teams will win compared to odds. For example, if you were to play a 3 team parlay, you would need all three teams to win to pay off at 6 to 1 odds. Therefore, if you were to bet $100 on a three team parlay and you win, you would cash $600 but if you lost, you would only lose $100. A breakdown at most online sportsbooks will return as follows:
- 2 team parlay 13 to 5
- 3 team parlay 6 to 1
- 4 team parlay 10 to 1
- 5 team parlay 20 to 1
- 6 team parlay 40 to 1
- 7 team parlay 75 to 1
- 8 team parlay 150 to 1
- 9 team parlay 300 to 1
- 10 team parlay 700 to 1
Please keep in mind that at various online sportsbooks, the return on investment may vary up and down due to odds and amount of money wagered on a particular team.
There are times when betting on NCAA College Basketball that we find ourselves in favor of a team but not really liking the point spread. When these times happen, it is ideal to wager that team in a Teaser so you have the ability to sort of bend the point spread. With teasers, depending on how many teams you play, you can move the line a certain amount of points.
In NCAA College Basketball, you can move the line up or down depending on if your team is the favorite or the underdog. One thing to keep in mind with teasers, if one team on your ticket loses, your entire play is a loss. Various online sportsbooks have various rules depending on how many teams you will be playing. Some sportsbooks will only allow you to move the point spread 4, 4.5 or 5 points while others will allow you to move the point spread up to 16 points but it will cost you. If you are to move the line 4 points, it will return you +117 for 2 teams but if you play those same 2 teams and move the line 16 points, it will cost you -3000!
Live In-Game Wagering
Many sportsbooks now offer live in-game wagering on most sports, including NCAA College Basketball. This is basically defined as betting a game, after it has already started, with a manipulated point spread dependant on how the game is played. For example, if you play a team that is winning and they are currently already up by 10 but the opposing team loses one of their top players due to injury, the point spread for that team may rise up to -15 or even -20 points because the oddsmakers feel that they will not only win by the amount they are up currently, but will also continue to increase that lead.