Basketball Odds Explained

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College basketball betting odds Once the initial preseason polls were released, all the NCAA and March Madness fans started thinking about the potential outcomes. Some of the teams that have the. To learn more about betting odds and how to convert them to other popular formats, please read our guide to converting betting odds. NBA Betting Explained In this section we will discuss how to bet on the NBA and the diverse range of NBA odds available at. NBA Championship Futures Odds Explained From the moment that the NBA championship from the previous year is won, NBA Championship futures odds for the upcoming season are formed. These odds are formed on the teams betting lines to win the championship. Half betting odds in college basketball are formed for games during the season, and operate just as the normal wager on a point spread. The only difference is that the bet will be made only on one half. These half lines are typically divided in two, but sometimes can be a bit different from the point spread for the whole game. Jul 12, 2019 The same general rules apply for basketball and are quite easy to follow because of the inherent simplicity of the bet. When it comes to betting sports like baseball and hockey, the standard bets are made on the “ money line ” – an established number for both teams to win the game outright.

ExplainedBasketball

Welcome to the Sports Betting Odds section of The Sports Geek. If you are new to sports betting and don’t understand how to read betting odds (+150, -110, +2200, etc) we will lay it all out for you and help you learn how the betting odds work.

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Sports Betting Odds Explained

Many people don’t know how to read or calculate sports betting odds, so below we have done our best on explaining how betting odds work. The most common type of sports betting odds used in North America are the American style odds which we explain below.

American Style Sports Betting Odds

Most online sportsbooks will list their odds in what is called “American Odds”. There are a couple different versions of sports betting odds, but these American Odds are the most common odds used. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams:

American Odds

  • Matchup Odds
  • New England Patriots +120
  • Pittsburgh Steelers -140

The number shown in the bracket represents the odds. The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign.

The sign in front of the number indicates whether placing a wager on that outcome will pay out more money then you have wagered or less money then you have wagered. If the odd is negative (-) it means that outcome is more likely to happen and placing a bet on that outcome would payout less than the amount you wagered, while a positive (+) odd shows that the outcome is less likely to happen and it would pay out more than the amount you wagered.

The next step is figuring out exactly how much the bet pays out, which is where the numbers in the odds come into play.

A listed odd with a – sign in front of it, such as the -140 in our example above, shows us how much money you would need to wager in order to win $100. So using the -140, this would show us that you would need to bet $140 in order to win $100 in profits. You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits.

Examples:

A listed odd with a + sign in front of it, such as the +120 in our example above, shows us how much money you would win on a $100 bet. Using the +120 odds, it shows us that a $100 bet on that outcome would pay out $120 in profits. Again this can easily be converted into smaller or larger size bets. A $10 bet on +120 odds would pay out $12 in profits.

Examples:

Odds

Below is an example of NFL betting odds taken from an online betting site.

Explained

In this example you can see Los Angeles is listed at +130 ($100 bet pays $130 plus of course your original wager back) and New England is listed at -150 ($150 bet pays $100).

The great thing about betting online is that the online sportsbooks will do the calculations for you before you place your bet. You can click on the outcome or team you would like to bet on, and then input the amount you wish to wager and it will show you your potential pay out before you confirm your bet.

Ready To Start Betting?MyBookie and BetNow are my two favorite sportsbooks and make betting very easy. You will also get a Free Money Bonus at each sportsbook if you follow either link above.

Decimal Style Sports Betting Odds

Decimal style odds are used mostly in Europe, and are pretty easy to understand. To calculate the decimal style odds all you will need to do is simply multiply the amount you wish to wager by the decimal odds shown and you will get your payout. For example it may look something like this:

If you wanted to place a $10 wager on the USA at 2.40 you would simply need to multiply your $10 wager by the 2.40 odds (10 x 2.40) to find out that the payout is $24. It is important to realize that with decimal style odds it includes the amount you wagered, so to find out profits you would need to subtract your wager ($24 – $10) to find out your potential payout is $14 in profits.

If you wanted to place a $10 wager on Brazil you would again just multiply $10 x 1.55 to find out that you would win $15.50 total or $5.50 in profits.

Decimal style betting odds are very simple to understand, but you won’t see them displayed in many North American sportsbooks. With that said, most online betting sites will allow you to chose the style of betting odds you want displayed, with American odds set as the default.

There might not be a more exciting month of sports than the college basketball tournament every year. Actually, the entire college basketball season is a lot fun. But when it comes toThere might not be a more exciting month of sports than the college basketball tournament every year. Actually, the entire college basketball season is a lot fun. But when it comes to betting, there are just a couple of events that you think of over the rest. The Super Bowl and the Men's Division I NCAA Basketball Tournament might come to mind. That's right, March Madness! Aside from the Super Bowl, which is the single most bet-on sporting event in the world, the NCAA tournament rivals it on the month-long journey.

Come on now, we've all filled out a bracket or had an office pool. But when it comes to college basketball, there are a ton of betting odds that are formed by oddsmakers and online sportsbooks. With over 300 Division I programs, college basketball is one of the most popular sports in the United States, capped off by the biggest tournament at the end of the year in deciding a national champion. It's the ultimate playoff. But here at ExplainBettingOdds.com, we want to talk about the college basketball betting odds that you will come into contact with during the season, and perhaps shed some light on them and exactly what you should be looking for, and understanding.

College Basketball Game Lines

How To Read College Basketball Point Spreads

Betting the spread in college basketball is one of the most basic and common betting lines that one probably thinks of when it comes to wagering. The point spread is installed for a college basketball game, establishing both a favorite in the game, and an underdog. The favorite is the team predicted to win, while the underdog is predicted to lose. But not all favorites or underdogs are equal in every game. That's where the number on the spread comes into play. The favorite will be set to win by X number of points, for which they have to then hypothetically give points to the underdog. The underdog will then receive those points. So the objective is to wager on the team to cover the spread. Payouts for this point spread wager is generally right around even money, because the idea behind it is to even the playing field for teams that are not perceived equal on paper. Read our Point spreads page to learn more.

College Basketball Moneylines Explained

Betting on the moneyline in college basketball is another type of straight wager, just like the point spread. But there is one major difference. A bet made on the moneyline is picking the winner of the game with no point spread involved. That is to say, pick the straight up winner of the game. This sounds easier, and you would be right, it is. But oddsmakers know this, and create a wide range of payouts. The more favored a team is, the more money that must be risked in order to return a profit. If you think North Carolina is going to win the game straight up against Duke, bet on the Tar Heels on the moneyline and don't worry about a spread. But you will have to risk more money to return the same profit than you would by betting on the underdog in the Blue Devils.

College Basketball Game Totals And Over / Unders

A bet on the game total in college basketball is the combined point total for the two teams in the game. The game total is one of the three basic game lines that you will see installed for every matchup with odds. The bet is made on the actual total of the game taking the over or the under total from the installed amount. Learn how to read Over / Under betting odds here.

College Basketball 1st Half + Halftime Betting Odds

Half betting odds in college basketball are formed for games during the season, and operate just as the normal wager on a point spread. The only difference is that the bet will be made only on one half. These half lines are typically divided in two, but sometimes can be a bit different from the point spread for the whole game. But the bet is made by picking the team which will cover the betting line.


Other Ways To Wager On College Basketball

College Basketball Team Props

College Basketball Team prop betting odds are formulated for the match ups throughout the course of the season, but can also be odds formed relating to the season. As for the games, college basketball team props can cover a variety of aspects within any given matchup.

One example of an NCAA basketball team prop might be, which team will score 10 points first. This bet is then placed, and the team that reaches 10 points first will win. From there, the rest of the game doesn't relate to this wager. When you think of College Basketball Team props, think that they are smaller wagers within the game. But as far as money placed on these props it can be just as much as a point spread wager on the game.

College Basketball Player Props

College Basketball Player props are bets formed on players based on their performances in a game or on the season as a whole. As for the game player props, they can be a number of different things, usually revolving around points scored, rebounds, steals, assists and other stats accumulated for a game. The bets will be on the over or under for an individual player’s stats in whatever category.

For example, the total number of points that a player will score in a particular matchup could be up for betting. The bet will be made on that player scoring more or less than the betting line that was in place. That is the only focus for that prop, with the score to the game or any other aspect not mattering.

Basketball Game Explained

Understanding Live Betting Odds In College Basketball

Live betting is an area of sports betting on online sportsbooks that is beginning to take off. And when it comes to college basketball, there are definitely going to be games featured on the live betting sections. These live betting lines revolve around alternate point spreads, team props, and player props throughout the contest, and are formed based on the flow of the game. They can change quite a bit as well, making for some exciting betting action.

Bovada Sportsbook - Top Sportbook for College Basketball Game Betting

The main reason for players to have an account is to bet on their favorite teams and sometimes bet on upsets that will clearly happen in any sports. College basketball is one of the sports that have a lot of upsets and this is one main reason that Bovada has this sport as a betting option. There are always great games that are being offered and at the end of the game, we see fans rush the court before the upset that just happened. When betting on upsets happening, this is where all the extra money can be made a big time!

Basketball Betting Odds Explained

Here on Bovada there are always betting features like mobile betting and live betting that players can use when betting on college basketball games. The banking methods here are very easy to use as well so for the most part players will have no issues with transferring their money on their account with these method options that Bovada offers. This is the site that college basketball betting is very easy and profitable at all times.

BetOnline Sportsbook - BetOnline Has College Baskball Games

BetOnline is a sportsbook that offers a lot of betting features that players know that keeps them coming back and refers others to sign up for an account as well. One thing that players look for when they are looking into getting a sportsbook account is the account where they can keep coming back and place other bets. BetOnline account holders now that the college basketball games here are the ones that they really like and now that money can be made here pretty easy. There are money lines, parlay, and live betting that can happen on BetOnline.

The number one thing that most players overlook when it comes that BetOnline is the mobile betting feature letting players place these college basketball bets. Using your phone to get on these wagers is a big move that BetOnline has for all players. With college basketball games turning every possession, it only makes sense for players to place live bets on BetOnline on these games. These in-game bets will always be there for players and BetOnline is the reason for it.

SportsBetting Sportsbook - Tons Of Betting Options For College Basketball Games

To know that you can log into your account and have all the betting options there for you feels very good and this is what players get when they sign up for a SportsBetting account. There are always different games that can be bet on and college basketball is one of the sports that have a lot of games that players can place parlay bets on. There will always be a top 25 list of college basketball teams but there are always a few teams that are not ranked that can pull off a few upsets and win bettors a whole lot of cheese!

These games are set on sports betting and there is also a live betting feature that allows players to place bets after the tip-off. The fact that players can bet on a game after it goes on is exciting and draws more players to SportsBetting. Straight wagers will be here on SportsBetting and a chance for players to double the money in their bank account. College basketball games change often so having the chance to bet against the favored team on SportsBetting could change your life!

MyBookie Sportsbook - College Basketball Games Available On MyBookie

How To Read Basketball Odds

Many fans love college basketball because there is always that one player that can make a team a contender. The thing with this is MyBookie has the prop bets on these college basketball games and have plenty of bonuses that help players with placing big wagers on these games. The whole purpose of betting is to win money so it is only right for MyBookie to have all the sports and that includes college basketball. The more that players play, the more money they can possibly earn, and also there are bonuses that could be offered to players as well with an account with MyBookie.

The college basketball season is long but gets very interesting when the tournaments start to play. This is the best site for players to go when they want to bet on college games because all the prop bets that are desired to be here. The great as well as the live betting feature will continue to have new prop bets appear as soon as the game starts off. Check out MyBookie and there is no doubt you'll have an account betting on the next big college basketball game.

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