Last updated on: February 28th, 2022
Betting On College Baseball
College baseball betting is not as lucrative or popular as betting on college football or basketball, but there is a definite niche market for it. Once the NCAA Men’s Basketball Tournament concludes, the American sports world hits something of a lull as the NBA and MLB regular seasons drag interminably onward. In recent years, betting on the college baseball postseason has become an increasingly popular pastime during these lean months, especially among diehard fans who understand that there are definite informational advantages to be found in such a niche sport. Some sportsbooks also offer limited moneyline bets throughout the regular season for the college baseball diehards.
Some sportsbooks will open up futures lines for the College World Series (CWS) during conference championship tournaments, but most wait until regionals are seeded and scheduled. Baseball is a sport that leans heavily toward chaotic parity, so even though elite programs and talent will win out more often than not, heavy underdogs always have a chance. Small programs like Coastal Carolina and Fresno State have come out of nowhere to win titles in the past. If you have a penchant for predicting the unpredictable, college baseball is the sport for you.
Is It Legal To Bet On College Baseball?
Yes, it is completely legal to bet on college baseball, as it is with all major college sports. You may not be able to bet on college baseball at many brick-and-mortar sportsbooks. Their infrastructure is generally too limited to accommodate sports that won’t draw a large volume of bets. Additionally, some states do have laws about betting on in-state college teams. All this red tape is easily sidestepped by using an online sports betting platform, however. Bovada is probably the best example for college baseball, as it allows fans from almost every state to bet on college baseball, whether the games involve in-state teams or not.
Current College Baseball Futures Odds
No major sportsbooks are currently offering futures odds for the CWS. There are still many months left in the college baseball season and a lot of data points left to process. It is easy for both fans and oddsmakers to overreact to early-season results, so waiting to post World Series odds is probably the best solution for all parties. If you are interested in what the championship picture looks like right now, poll rankings approximate which teams experts think are the best in the country. College Baseball Insider’s composite poll averages out all five major college baseball polls—Baseball America, College Baseball, D1 Baseball, National College Baseball Writers of America, and Perfect Game. The current CBI Composite Top 10 goes:
- 1. Texas
- 2. Vanderbilt
- 3. Mississippi State
- 4. Stanford
- 5. LSU
- 6. Arkansas
- 7. Notre Dame
- 8. Ole Miss
- 9. Florida
- 10. Oklahoma State
Betting On College Baseball: Online Vs. Land-Based
With most sports, this question comes down to a matter of personal preference, but there isn’t a valid argument to be made for land-based college baseball betting. Land-based sportsbooks offer less variety of bet types, slower processing times, fewer (on no) in-game betting options, and an overall lack of availability compared to their online counterparts. Whether you are looking to bet on a minor game in the middle of March or Game 3 of the College World Series, online betting is the superior option every time.
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Depositing Into A Sportsbook To Bet On College Baseball
Online sportsbook deposits have become easier than ever in recent years. The advent of the cryptocurrency era did wonders for the ease of managing an online betting account, improving efficiency and security across the board. But even for those of us that go into a confusion-induced panic when they hear words like “blockchain”, managing money in an online betting account is simple and approachable. Every method of deposit has its own advantages and drawbacks, and many sportsbooks offer unique bonuses for certain deposit types. These are the most common methods of depositing money into an online sportsbook.
Cryptocurrency – Although a relatively recent innovation, cryptocurrencies like Bitcoin have become the gold standard for online money transactions. Using an encryption technology called blockchain, cryptocurrency securely stores and transmits financial data instantaneously. It is also untraceable, which is great for players who highly value anonymity and privacy.
Credit/Debit Cards – Players are likely universally accustomed to paying with a credit or debit card online at this point. For most people, this will be the preferred method of deposit, but understand that you won’t be able to withdraw money from your account back onto your card, thanks to the Federal Wire Act. Payment card transfers can also be flagged as suspicious by the card issuer.
Money Orders – Money Orders can be obtained from licensed Western Union locations, as well as other, similar money transferring services. Sportsbooks will often require additional fees for money order transfers, and processing money orders can take up to 24 hours after receipt. They may take a while and could be a little more costly but their reliability is one of the best as well with decades of proven experience.
Peer-to-Peer – There are also a variety of services that allow players to transfer a portion of their own winnings directly to another player’s account. This is a great option for new players who have friends with more betting experience. There aren’t generally fees associated with peer-to-peer transfers but there are usually relatively high minimum transfer amounts.
How Do I Withdraw My College Baseball Winnings?
Withdrawing winnings is a very similar process to depositing money into an account. With most sportsbooks, the sportsbook withdrawal options will be nearly the same as those for deposits, along with the associated fees and minimum and maximum amounts. The biggest difference is that the Federal Wire Act restricts banks from processing out-of-state gambling payments, so winnings cannot be loaded directly onto your credit or debit card. Processing time for winnings can range anywhere from a few minutes to a few weeks, depending on the chosen method of withdrawal.
Cryptocurrency – The fastest and easiest method for deposit is also the fastest and easiest method for withdrawal. Cryptocurrency ensures quick, anonymous transfers that can then be moved directly into your bank account at any time. Withdrawal requests are generally processed within 24-48 hours and come with no fees.
Bank Wire – Traditional wire transfers generally carry high minimum withdrawal amounts and fees because of the costs associated with facilitating them. They are a good fallback option for big money bettors, but most users will default to more convenient and cheaper options.
Cashier Checks – A cashier’s check is a check drawn up and signed by a bank and guaranteed using the bank’s own funds. There is a relatively high logistical cost to sending out these checks, so they carry fees of around $50 usually. Cashier’s checks are usually received within seven days of processing.
Peer-to-Peer – As mentioned above, generous players can transfer a portion of their winnings directly to other players when cashing out. This is a great way to get new players started with low-risk bankroll. Peer-to-peer transfers will occasionally have fees, but these are generally less than the fees for cashier’s checks or wire transfers.
Types Of College Baseball Bets
The relatively niche nature of college baseball betting means that there are fewer betting options than other, more popular sports. But generally speaking, most of the usual options apply—futures bets, money line, over/under, and even spreads. Prop bets on things like an individual player or team statistics are rare because of their limited market, but the College World Series will occasionally have prop options. There are a few things to know before reading a betting line. The favorite will always be delineated by a minus sign, while the underdog will have a plus sign next to their odds.