Betting On College Basketball

Betting on college basketball is one of the biggest and best ways to get in on the action. Outside of the NFL, college basketball, specifically the March Madness tournament, is one of the most wagered on events in the United States. Sports bettors place heavy action every year on major schools to win it all in the end and the one and done structure of the NCAA Men’s Basketball Tournament allows for major wins on longshot wagers.  Legal online sportsbooks host some of the best lines for college basketball betting and are the go-to betting operators for March Madness. With the 2021 season in the past now, bettors can now look forward to the 2022 college basketball season. After an offseason that saw Coach Mike Krzyzewski calling for his retirement, the entire college basketball betting scene will adjust heavily in the near future. With further news about the potential for Texas and Oklahoma to join the SEC, the entire college basketball betting landscape is about to be flipped upside down.

Friday, January 21st


17 Illinois Fighting Illini


Maryland Terrapins


Illinois <span>Fighting Illini</span> vs Maryland <span>Terrapins</span>










Channel: FS1

Location: XFINITY Center

College Park, MD

Capacity: 17950



14 Michigan State Spartans


8 Wisconsin Badgers


Michigan State <span>Spartans</span> vs Wisconsin <span>Badgers</span>










Channel: FS1

Location: Kohl Center

Madison, WI

Capacity: 17142


Is It Legal To Bet On College Basketball?

It is indeed legal to bet on college basketball, however, there are some caveats. Many states with legal sports betting have strict laws that prevent local sportsbooks from offering betting lines on local teams. For example, you cannot bet on local colleges in Indiana at regulated Indiana sportsbooks. Other states like Iowa prevent sportsbooks from offering college player prop bets. This is due to the risk of point-shaving and other forms of cheating by local college players. The good news for local bettors who wish to wager on their local teams is that online sportsbooks offer betting lines for college sports in all markets.

With online sportsbooks, you can legally bet on college basketball with no restrictions. Every game, betting line, and prop bet, and spread is available to be wagered on by all legal sports bettors. This allows college basketball betting to be one of the best forms of sports betting there is. With major events like March Madness every year, you don’t want to miss out on all the potential betting lines available. Betting on the NCAA College Basketball season is entirely legal.


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Betting On College Basketball At Bovada

Those that bet on college basketball know that March Madness is easily the biggest sports betting event of the year. Nothing gets better than having 68 teams to bet on all the way down until there is one team left. That said Bovada has bettors covered with some of the best March Madness odds that a bettor could ask for. One thing that is great about betting on March Madness with Bovada is that their odds are competitive with some of the top land-based sportsbooks as well that way bettors can bet right from the comfort of their own home or wherever they are watching March Madness.

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Current College Basketball Futures Odds

Early betting on the 2021-2022 college basketball season, as well as subsequent March Madness tournament is a great way to find the best odds. The early favorite is once against the Gonzaga Bulldogs. The Zags saw themselves in the Finals, losing out the Baylor Bears who have longshot odds to repeat as champions. Betting on top schools early can net a big return should these schools win at the end of the season. Baylor sitting with +2200 odds at online sportsbooks now would be a big return if they run it back and repeat as champions. Now is the best time to wager on college basketball futures.

National Championship Winner

Betting On College Basketball: Online Vs. Land-Based

NCAA BasketballThere are many differences and similarities to consider when deciding to bet on college basketball either in person or at an online sportsbook. For starters, brick and mortar sportsbooks benefit from the social interaction that cannot be replicated at online sportsbooks. While the same odds, betting lines, wager types, and payouts can be found at legal sports betting sites, physical sportsbooks will always be the go-to for sports bettors who want the overall atmosphere experience. In addition, as most sportsbooks are inside casinos, sports bettors have the option of betting on sports than going to play other gambling games while they wait on the results of the wager.

Online sportsbooks, while not having the social element that land-based sportsbooks have, do have the element of convenience. Being able to bet on your favorite sports team from anywhere at any time is what separates online sports betting from its physical sports betting counterpart. Many bettors prefer to watch the big games from the comfort of their homes. Online sportsbooks allow that process to remain and also allow sports bettors to get in on the action. Sports bettors who take action at online sportsbooks also have the option of shopping the lines. This is a process where sports bettors explore multiple offs at many sportsbooks to find the best possible betting line. This is only possible to do at online sportsbooks.

The main deciding factor for many sports bettors will ultimately be the laws of the states with legal sports betting. Not every state that has legal sports betting also has online betting options in its legislation, making brick and mortar sportsbooks the sole option. In addition, some states have only online sports betting available and no land-based locations. While preference is the driving force, availability may play the biggest role in what sports bettors will end up choosing.

NCAA Basketball Schedule And Notable Dates

The March Madness tournament will begin on March 15, 2022, after the March 13 selection. March Madness will continue as the top teams battle it out until there is only one champion left. The one-and-done structure of the tournament allows for daily college basketball betting lines. This means that every day throughout the tournament major winning opportunity will be available. Knowing the tournament dates will ensure not missing the Tournament betting odds.

Tournament Dates

  • Selection Sunday: March 13
  • First Four: March 15-16
  • First round: March 17-18
  • Second round: March 19-20
  • Sweet 16: March 24-25
  • Elite Eight: March 26-27
  • Final Four: April 2
  • NCAA Championship Game: April 4

Can You Bet On Women’s College Basketball?

Yes. Online sportsbooks host betting lines for NCAA Women’s Basketball the same as they do for Men’s Basketball. The Women’s authentic division in the NCAA has a similar structure to the Men’s in terms of tournament structure, giving to heavy turnout at legal sports betting lines. Sports bettors who take action on women’s college basketball games can end up winning big as these games also have a one and done structure for the tournament, leading to major upset potential.

Depositing Into A Sportsbook To Bet On College Basketball

While depositing money with a brick-and-mortar sportsbook is as easy as checking out at a grocery store, online sportsbooks are a bit more variable. Every online sportsbook has its own rules governing things like minimum and maximum deposits and what payment methods it will accept, but there are some commonalities. Most major sportsbooks accept deposits via credit or debit card. They also support cryptocurrency deposits, most commonly via Bitcoin. While cryptocurrency has been used as a scary media buzzword over the last few years, it actually represents a safe, secure, and untraceable method of depositing money into your account.

Every major online sportsbook also offers unique promotions to encourage people to deposit, most commonly in the form of a percentage match on a customer’s first deposit. In other words, when a bettor deposits money, the book will deposit additional money in their account, based on this pre-arranged percentage.

How Do I Withdraw My College Basketball Winnings?

Again, withdrawal from a land-based sportsbook is relatively foolproof. Winners are directed to take their bet slip to a cashier’s window. Upon verification of their winning bet, the cashier will walk them through their various payout options and just like putting money in, withdrawing from online sportsbooks is also quite simple. As with deposits, every online sportsbook offers its own options for bettors to withdraw their winnings, each of which has its own stipulations about the minimum and maximum withdrawal amounts.

Because of the Unlawful Internet Gambling Enforcement Act (UIGEA), bettors cannot withdraw money directly from overseas sportsbook accounts into their bank accounts. Because of this, the easiest method of withdrawal is usually the aforementioned cryptocurrency. Featuring the lowest minimum withdrawals and deposits and near-instant processing times, cryptocurrency represents the ideal method of facilitating transactions with online sportsbooks. If for whatever reason cryptocurrency isn’t practical or ideal, books offer alternative methods like wire transfers and courier checks, but these methods usually have additional fees associated, as well as higher minimum withdrawals.

Ways To Wager On College Basketball


Betting on the moneyline is the simplest way to bet on college basketball. When one bets on the moneyline, they are simply wagering on the outright winner of the game. The favorite will be represented with a negative number, indicating the amount of money that would need to be wagered to win a $100 profit. On the other hand, the underdog will be represented with a positive number, showing the profit one stands to make on a winning $100 bet.


Betting on the points total, also known as the over/under, is another popular and simple way to bet on college basketball. All this type of wager entails is choosing whether the total combined points scored by both teams will go over or under the se t points total.

Points Spread

Betting on the spread is another incredibly popular way to bet on college basketball. This type of wager requires bettors to wager on the winner of the game after applying a handicap intended to make the game as even as possible. If Duke and North Carolina were playing and oddsmakers believed Duke should win by five points, the point spread would look like this:

  • Duke -5 (-110)
  • North Carolina +5 (-110)

To win the bet if you wagered on Duke, they would have to win by six points or more. On the other hand, to win the bet if you wagered on North Carolina, they would have to either win the game or lose by four points or less.


Parlays are a more advanced type of wager, but they are relatively simple to understand. A parlay combines multiple bets (referred to as “legs”) into one. For a parlay to cash, the bettor must win each individual leg of the bet. This obviously increases the difficulty exponentially, but also increases the payout exponentially. You can combine different types of bets into one, or even bet on multiple sports in the same bet. The opportunities are nearly endless, but keep in mind that parlays are infamously difficult to win. Also, some sportsbooks will have restrictions on which bets may or may not be parlayed. Be sure to check out your preferred sportsbook’s FAQ section to see their parlay policies.

Why You Should Take Longshot March Madness Odds

While sports bettors will be tempted to lean in on odds for high ranked teams, it should be noted that betting on the favorite has historically been a bad bet. Since 1985, the number one ranked team has only won the March Madness tournament a total of four times. The one and done structure of the tournament forces the winner to go undefeated, making it extremely unpredictable. This means sports bettors are better off taking odds on a lower-ranked NCAA Tournament team. While it is still a major gamble, the possible returns will be far greater and history is against the number one ranked school going into the tournament anyway. Teams like Illinois, Villanova, and Iowa with +1000 odds are a far better wager than taking the favored Gonzaga at +500. If you are betting on March Madness, underdog betting is the way to go.

The 5-12 Matchup

The 5-12 matchup is famous in betting circles for not being nearly as favored for the five seed as people expect it to be. Since 2012, the matchup has gone exactly 50-50, with five seeds beating 12 seeds only half the time. On the spread, that naturally means that 5 seeds are not likely to cover, having only covered in 11 of those 32 games. However, in a larger sample size, the advantage of the higher seed becomes clear. Since 1985, #5 seeds have won 64% of their games against #12 seeds.

#1 Seeds Are Good – Who Knew?

The #1 seeds often make deep runs into the tournament, and the only time a #1 seed has ever lost in the first round – when the Virginia Cavaliers fell to UMBC in 2018. However, not only do they rarely lose in the first round, but they also rarely lose in the second round, with 86% of #1 seeds making it to the third round on average. The statistical advantage that #1 seeds hold is remarkable, with a #1 seed winning the tournament 62.9% of the time. This means that each individual one seed has about a 15.7% chance to win the tournament.

While #1 seeds are the preeminent winners in the first round of the Tournament, it’s not like there are many upsets in terms of #2 seeds either. In fact, since 1985, only eight #2 seeds have lost their first-round matchup against a #15 seed. Since the NCAA Tournament expanded in 1965, around 40% of teams that made it to the Tournament have not won a single game, showing how dominant the top few teams can be.

Mobile Betting On College Basketball

Thanks to mobile sports betting, putting action on your favorite college basketball team is just a few clicks away. Mobile sportsbooks offer all the same betting lines that would be found at retail sports betting operations, without the need for bettors to physically be there. You can watch the March Madness tournament from the comfort of your home and bet on the team you want to win through your mobile device. Many states with regulated mobile betting have sports betting apps that can be downloaded, hosting all the same betting odds found at the retail book the app is powered through.

Sports bettors in states without a regulated mobile betting experience can still get in on the action any time anywhere on the go sports betting that mobile betting has to offer. International betting sites offer some of the best college basketball odds available. These sites can be fully accessed from the web browser of your smartphone or tablet. These sites offer a wide variety of winning potential and have the same if not bettor odds that are found at the domestic books. Mobile betting on college basketball is made easy thanks to mobile sportsbooks.

Live Betting On College Basketball

One of the best ways to get in on college basketball betting action is with live in-game betting. With live betting, sports bettors are able to bet on the favorite college team. Every possession of the game now becomes its own win-lose scenario with the ability to cash in big on wins. Throughout the game, several wagers will pop up for sports bettors to take action on. These odds move fast so you will need to quickly wager in order to capitalize. Live betting is the best way to hedge your bets as the many betting lines available so often will be able to offset some of the losses. Betting on college basketball is done best with live in-game betting.

Betting On College Basketball FAQ

Where Can I Bet On NCAA Basketball

Betting on NCAA basketball can technically be done from anywhere in the country if you’re using internationally regulated online sportsbooks. However, retail sportsbooks with college basketball odds can be found in Oregon, Nevada, Montana, Colorado, New Mexico, Iowa, Arkansas, Illinois, Mississippi, Indiana, Michigan, West Virginia, Pennsylvania, New York, Delaware, New Jersey, Rhode Island or New Hampshire.

When Are College Basketball Betting Odds Released?

College basketball betting odds are usually posted on the day of the game being played. This is because injury reports come late which makes it more difficult for sportsbooks to set odds until they know who is playing. Research for betting on college basketball games should still be done beforehand.

Which College Basketball Teams Are The Best To Bet On?

This will largely depend on what odds you’re hoping to beat. As the season progresses, ATS stats, straight up wins, and O/U trends will reveal themselves. From there you can research which teams are atop the leaderboards for these betting lines. It’s best to bet on teams with proven track records rather than just your favorite team.

Can I Bet On College Basketball Online?

Yes! Online betting on college basketball is available in all 50 states when you use the proper website. Almost half the country has state-regulated online sportsbooks whereas the other half has overseas-based online sportsbooks. Both avenues will have NCAA basketball odds and both are safe to use.