Although the majority of leagues and events take place in the United States, college basketball is still one of the most popular NCAA sports for Canadians to bet on—Hello, March Madness.
With so many college basketball betting options, it can be difficult to know where to start—That’s why we’re here. Read on to discover the best NCAA basketball spreads, overs/unders’ and more.
Our NCAA Basketball betting guide covers:
Our experts have compiled a list of the industry’s best sites for players in Canada to bet on college basketball:
Okay, obviously we know how to score a point in basketball, however it’s helpful to know which types of points teams usually score—For example, does Kentucky usually score points from free throws, the three-point line or field goals? Being familiar with this information can help you, especially since there are far more teams than the NBA—353 teams, to be exact.
Players love to go through the wagering options that are almost always tied to the outcome of the NCAA championship, or March Madness. A total of 64 teams make the tournament, and over three weeks, the college hoops champion will be determined. However, the Tournament is a ripe ground for upsets from the very beginning, which is part of the fun of March Madness. Navigate betting on the NCAA Tournament carefully and do plenty of research prior to tip-off.
Like we mentioned above, NCAA basketball teams play less games per season than NBA athletes—Therefore, it goes without saying that neutral courts they haven’t played on yet might provide some sort of disadvantage. Usually, neutral courts are played during the Maui Invitational, which means placing unders wagers could be a good strategy for placing well-informed bets.
There are plenty of ways to bet on NCAA basketball, the first thing a new sports bettor needs is to find an online sportsbook and get an account set up. The next step is to explore the betting options available. When betting on regular-season basketball, the most common bets are spreads, moneylines, and totals. These bets can are available for full games and first or second half bets. Most online sportsbooks accept forms of Bitcoin, Visa, MasterCard, and other major credit cards and e-wallets.
According to the AGA, the 2018 March Madness generated over $10 billion in total wagers nationwide.That figure covers everything from casual office pools to targeted one-game wagers through an online sportsbook. This represents 6.6 percent of the combined sum Americans bet on sports every year. What are the odds of picking a perfect March Madness bracket sheet? Since 2014, billionaire investment guru Warren Buffet has issued a challenge that seems too good to be true.
Anybody who can predict all 63 games in the NCAA Tournament will receive $1 million every year for the rest of their life. That challenge remains unfulfilled through five years and counting though. Thanks in large part to the astronomical odds against nailing a spotless bracket. Picking all 63 games requires perfect accuracy on a one-on-one matchup 63 times over, or 2^63 in math geek lingo. All told, that equation equates to odds of 1 in over 9.2 quintillions. Making a perfect bracket exactly one trillion times less likely than getting struck by lightning twice in a lifetime. Jonathan Mattingly – a professor of mathematics at Duke University – developed a formula based on the overwhelming likelihood of the No. 1 seeds defeating their No. 16-seed opening round opponents.
But even when these long-shots are factored in, along with other superior seeds facing underdogs, Mattingly calculated improved odds of 1 in 2.4 trillion. And if a Blue Devil’s digits aren’t up to snuff in your book, DePaul University mathematician Jay Bergen calculated the odds at one in 128 billion. But whomever you consider gospel when betting NCAA basketball, backing one side with a single bet through your favourite online sportsbook is the best way to beat the odds.
Organizing a March Madness betting pool has become a beloved annual tradition, both for families and offices alike. Each year, thousands, if not millions of Canadians participated in betting on events like the NCAA Tournament, and NHL Stanley Cup.
Although gambling activities are regulated province to province, no one has been prosecuted for participating in an office sports bracket or fantasy league with friends or online.
The moneyline in college basketball is when you bet on the winner of the game, tournament of championship overall.
Teams listed as a negative (for example, Wildcats -100) are the favoured team. Teams with a ‘+’ symbol by their name on the moneyline are the underdog (for example, Tar Heels’ +200).
The numbers symbolize the amount of money you need to wager to win on the moneyline. In the above example, you’d need to wager $200 to win an extra $100.
