Betting On College Basketball
College basketball betting comes to a head with March Madness, the NCAA Basketball Tournament. However, betting on College Basketball takes place all season, and not just during the Madness, although the vast majority of betting does take place during March Madness. Betting on college basketball can be easily accomplished via online sportsbooks both in-state and out-of-state, and each of these options has pros and cons depending on what you are looking for.
Many bettors tend to prefer the international sportsbooks, due to the fact that many states do not allow their in-state books to offer odds on in-state teams. In addition, most states do not allow you to bet in crypto. International sportsbooks simply do not have these issues, making them a great place to wager on College Basketball, whether it’s March Madness or far earlier in the season.
Betting On The 2023 NCAA Tournament – Current March Madness Odds
UConn is the heavy favorite to win the 2023 NCAA Tournament as the only team with under +350 odds to come out on top. They’ll take on the Miami Hurricanes while the other side has a matchup between San Diego State and FAU. With the exception of UConn, this marks the first Final Four appearance for the other three teams. UConn is also the only team to win a college basketball National Championship.
2023 March Madness Odds To Win
- Connecticut (#4) -125
- San Diego State (#5) +365
- Miami Florida (#5) +500
- Florida Atlantic (#9) +600
#5 San Diego State Vs. #9 Florida Atlantic
- Moneyline: SDSU (-135) vs. FAU (+115)
- Spread: SDSU -2
- Total: 131.5 Points
#4 UConn Vs. #5 Miami
- Moneyline: UConn (-240) vs. Miami (+200)
- Spread: UConn -5.5
- Total: 150 Points
USA Online Sportsbooks
U.S.A. Sportsbook Reviews
Best College Basketball Sportsbooks
For over a decade, Bovada is considered one of the top online betting sites for you to bet on March Madness and continues to hold that status. They have one of the easiest to use platforms as all of their features can be accessed right from their homepage. Some of the best bonuses giving you an opportunity to make between $250 and $750 from two different bonuses. They also have one of the top customer services that you could ask for as well.
If you are looking for some of the best March Madness prop odds that you could ask for, BetOnline has you covered. You have unlimited March Madness props available to you from start to finish in the tournament. Those include player props such as player point totals, rebound totals, and assist totals. There are also team props such as alternate lines, team total points, and many more.
For those that are familiar with cryptocurrencies such as Bitcoin and Ethereum, you can take your March Madness bets to SportsBetting. On SportsBetting, you can bet on March Madness with 17 total cryptos and they are all convenient for you to use. That is because crypto transactions do not come with any fees, have some of the fastest processing times, and the friendliest transaction limits on their site.
You have the freedom to bet on any and all March Madness odds right from your phone with MyBookie’s mobile betting platform. You can access MyBookie’s March Madness odds from any mobile device that has access to the internet and you can log in like normal as you would on a desktop or laptop computer. They do not even require you to download an app that would take up space on your phone. Some of the devices that you can use to bet on March Madness are iPhone, Android, Google Pixel, and Samsung amongst several others.
One of the best features that XBet has to offer when betting on March Madness and college basketball as a whole is the ability to do so with cryptocurrency. They have expanded into the crypto market by letting their users make transactions with up to ten different cryptocurrencies including Bitcoin and Ethereum amongst other big coins. You can use crypto to your benefit when making deposits or withdrawals as they do not have any fees associated with them, have instant processing times, and friendly transaction limits.
Betting On Women’s College Basketball
Like betting on NCAA Men’s college basketball, sportsbooks will be hosting betting lines for NCAA Women’s basketball games as well. The Women’s teams have several seasonal tournaments throughout the year, including the SEC Mountain West event and the Women’s ACC Tournament, Most of the action comes in March, however, with the NCAA Women’s Basketball tournament getting major traction at online sportsbooks. Just like the Men’s Tournament, the Women’s games are battled out in a one and done structure, leading to several upsets every season. The Final Four in particular are major draws for sports bettors as unpredictable outcomes happen every year.
Past College Basketball Champions
When looking at the past college basketball champions, you can see that underdogs and longshot bettors tend to cash in big every year. With the one and done format of the tournaments, the favorite has been eliminated early on many occasions. Just last season in the 2022 tournament, St. Peters went on a historic run and made it past the Sweet 16 as an 18.5-point, 8-point, and 13-point underdog in each of their games. Looking at the last ten seasons for the winners as a whole, there have been three winners to come out at +2500 preseason odds or longer.
| Year: | School: |
|---|---|
| 2022: | Kansas (+1400) |
| 2021: | Baylor (+800) |
| 2020: | Canceled |
| 2019: | Virginia (+1350) |
| 2018: | Villanova (+2700) |
| 2017: | North Carolina (+1900) |
| 2016: | Villanova (+2500) |
| 2015: | Duke (+900) |
| 2014: | Connecticut (+6500) |
| 2013: | Lousiville (+700) |
| 2012: | Kentucky (+550) |
| 2011: | Connecticut (+4000) |
| 2010: | Duke (+1200) |
Line Shopping March Madness Odds
When betting on March Madness odds, it is best to look for the greatest value between different online betting sites. The different online sportsbooks that have betting lines for the tournament could offer different odds on the same team that could give you a better payout. That being said, when betting on the NCAA Tournament, you should be signing up for more than just one online betting site. Some of the different odds that are offered for the same teams can be found right here.
Different March Madness Odds
| Different March Madness Odds | Bovada Odds | BetOnline Odds | MyBookie Odds |
|---|---|---|---|
| Gonzaga | +800 | +700 | +920 |
| Houston | +850 | +1100 | +990 |
| North Carolina | +1000 | +750 | +1100 |
| Kentucky | +1000 | +1100 | +1150 |
| Duke | +1400 | +1800 | +1325 |
How To Sign Up For A College Basketball Betting Site?
If you are looking to get started with betting on college basketball, you’ll need to create an account with one or more of the online sportsbooks that interest you. Signing up for an account with an online sportsbook is easy and each process on the different online betting sites can take no more than 10 minutes. They require some basic information to get you started and you could be betting on CBB in minutes. The process to signing up in its entirety can be found right here.
- First/Last Name
- Contact Info: Email/Phone
- Zip Code
- Date Of Birth
- Create Password
- Select Deposit Method
- Select Deposit Bonus
College Basketball Betting Deposit Methods
Depositing into your online college basketball betting site is one of the first things that you should learn how to do that way you can make your bets as quickly as possible. It is worth noting that regardless of which betting site you choose and which financial method you choose to deposit with, there are rules and regulations that you need to follow such as transaction fees, limits such as minimum and maximums, and follow the processing times with each method. Some of the methods that have no fees include cryptocurrency and MatchPay.
Sports Betting Deposit Methods
- Credit/Debit Card (VISA, MasterCard, American Express, Discover)
- Cryptocurrency (Bitcoin, Ethereum, Litecoin, Etc.)
- MatchPay (Venmo, CashApp, Zelle, PayPal)
- Money Order
- Wire Transfer
How To Request A Withdrawal From A CBB Betting Site?
You will not be fazed by the withdrawal process from a college basketball betting site as you do not need to apply any personal information other than confirming you are making a withdrawal. The process could be done in four quick steps and they even go as far as laying out the entire process for you to follow.
- In the “payouts” tab on the top right, choose your withdrawal method
- Choose how much you want to withdraw from your account
- Use the verification code sent to you from the sportsbook to confirm your request
Payout Methods After Betting On College Basketball
Similar to making a deposit, withdrawing is also important for you to learn quickly, but there are guidelines that you’ll need to follow as well. They are the same guidelines in fees, limits, and processing times. However, you need to take note of though that if you make a deposit with a credit or debit card, you cannot withdrawal back to those cards, you’ll need to choose another method. Also, when it comes to crypto, you can only make a crypto withdrawal if your initial deposit was with crypto.
Withdrawal Methods
- Cryptocurrency
- MatchPay
- Check By Courier
- Wire Transfer
- ECheck
- Money Order
College Basketball Betting With Cryptocurrency
One of the most convenient ways for you to bet on college basketball is through one of the many cryptocurrencies that are accepted on online betting sites. Betting with cryptocurrency has plenty of benefits that come with it including faster payouts, no fees with any transactions, and the ability to bet from anywhere with your crypto wallet linked directly to your betting account.
Betting Bonuses For College Basketball Odds
Bonuses are a massive part to what makes betting on college basketball with an online sportsbook so enjoyable. They give you many risk-free credits just for signing up and making a deposit into your account. Some bonuses can even be worth up to $1,000. Taking it even a step further, you can take advantage of them with cryptocurrency as well. Once you’ve taken advantage of the new user bonuses, keep an eye out because many college basketball betting sites have reload bonuses as well.
New User CBB Betting Bonuses
- Bovada: 50% First Deposit Match Up To $250
- Bovada: 75% First Crypto Deposit Match Up To $750
- BetOnline: 50% First Deposit Match Up To $1,000
- BetOnline: 100% First First Crypto Deposit Match Up To $1,000
- MyBookie: 100% First Deposit Match Up To $1,000
Tips For Betting On College Basketball
Anyone of legal age is capable of placing an online wager on college basketball. But we recommend a few things first. This has to do with the research side of things. In other words, we don't want you to go in betting blind here. We want you to have a plan or at least a general idea of what you like to do when going to place a bet. This is a good rule of thumb across the board, but for this purpose, we are going to specifically cater to college basketball. Below you will find a few tips that we think you should consider when you bet on college basketball.
Research Trends For Past Betting Results - If you are not familiar with trends as a bettor, get familiar with them, especially for college basketball. These can easily be found through an Internet search, at sportsbooks, or handicap sites. Trends are your best indicator for how a team is playing, or matches up against their upcoming opponent. Basically, what this means is that you can look at things like the team’s record against this opponent previously, or their record in the last ten games, and make a more educated prediction about the outcome of a game.
Stay On Top Of The Schedule - There are more than 30 games that a college basketball team plays each season, which makes for at least a few a week. Keeping up with the schedule, standings, and records of teams is very important. Not to mention that knowing where and when a team is playing can be an asset. Games in quick succession tend to be harder to recover from – the second game of back to back games is known for causing teams to fall short of expectations.
Understand Homecourt Advantage – In college basketball, homecourt advantage is something that is crucial to understand when placing bets. Basically, for whatever reason, there does seem to be some observable impact of playing at home vs. playing on the road, that drives teams to have disparate records at home and on the road. For example, many teams with positive overall records have negative records on the road. If you’re planning to bet on one of those teams on the road, you have to look deeper than their overall record to understand the lines.
Be Aware of Injuries/Suspensions/Etc. - College basketball players do get injured. Maybe not to the extent we see in football, but it certainly happens. Key injuries can have a dramatic effect on how a team plays. And not only that, oddsmakers will be all over injury reports as well, so shouldn't you? This seems basic, but it’s really not. Many a sports bettor has seen a confusing line and snapped off a bet on it, only to realize a star player was questionable to play.
The ATS Standings Are Your Friend - Depending on what type of bettor you are, ATS standings can be invaluable. ATS stands for 'Against The Spread.' In other words, teams will have their straight-up records, but as a bettor wagering on the point spread, you want to know how they have fared against the spread during the season. These ATS standings can be found at all over the Internet, and are one of the best tools you have to understand the lines.
Spread The Love Around - What this means, basically, is that you have to manage your bankroll well. It's a good idea if you spread your wagers out, and not risk it all on one bet. Spreading the field and laying down several wagers will increase your chances of winning, and decrease your chances of losing big. The more bets you make, the more opportunities you have - sometimes this necessitates betting less per game, but on more games.
NCAA Basketball Wager / Betting Trends & Patterns
We briefly mentioned betting trends in our tips section above, but we want to take this a step further here and dedicate an entire section to the topic. This is to illustrate the importance that we feel needs to be placed on trends. Betting trends are essentially outcomes relating to particular matchup that have already occurred. This could be a result of previous matchups between the two teams, or the results of betting outcomes of previous games that teams had coming into a future game. Trends cover a wide variety of betting angles, from records against the spread, to records at night, to matchup history records and plenty more. These options are numerous.
Trends can be a strong indicator of how a matchup will go. These are referred to a 'hot' trends, and 'cold' trends. A hot trend is an outcome that has hit at least 80 percent of the time over a given period. A cold trend is a result that has hit 20 percent of less over a period of time. Remember, betting against something, can be every bit as profitable on a wager, as betting for something to happen.
NCAA Basketball Betting Strategies + Systems
Every bettor will have their strengths and weaknesses and a way that they prefer to go about their business. There are certainly strategies for betting on college basketball that some develop over time, or different ones that bettors might try in hopes of finding that winning combination.
A betting strategy for college basketball is essentially a system that one will try out to see if they can profit from it. For example, betting the underdogs against the spread on all games could be considered a strategy. Or the exact opposite, when a bettor takes only teams that are favored. This is a simple strategy, but a strategy nonetheless.
Other examples of a strategy could be using sports gambling systems that spread wagers around, such that one wager is not an all or nothing thing. Spreading bets over a variety of wagers has proven to increase your chances of hitting a bet. It also eliminates the threat of losing it all on one wager.
Some bettors might only like to bet on a high profit margin, where the profit margin is high enough so that the risk is worth the bet. These can include parlay wagers and other linked bets, as well as betting on futures odds. These types of bets tend to have the highest payout margins in general for college basketball.
But when it comes to coming up with a good system for betting on college basketball, we suggest that you do your research and bet smart. Don't take an unnecessary gamble, or if you do, make sure the risk is worth the reward. There is plenty of money to be made out there by bettors who stick to a system that works for them.
Final Advice For Betting On College Basketball Games
While the tips, strategies, and key components that we have touched on so far will help spots bettors place the best possible wagers, it is also important to pay attention to teams matchups beforehand. When looking at a team, knowing the team’s record against the spread, the record for their totals results, and the current winning/losing streak they are on is important, seeing how each player matches up against the opponent is a great way to make sure you are picking the winning bet. Games and bets can be decided simply based on the matchup between players as well as coaches. The advice we have is based on years of gambling and sports betting experience, but there is no such thing as a sure strategy. Sports bettors should note that all wagers are a risk, and can result in losses. When betting on a team to win, it is smart to gather all the important information first, but that could still result in a loss. The best way to play, however, is to follow trends, look at matchups, and see how teams have fared in the past.