College Basketball Betting 2022

Posted by Dave Consolazio . Last updated:

Reports surfaced in late-October that CBS Hall-of-Fame play-by-play announcer Jim Nantz would call his final March Madness tournament in 2023 so that he could spend more time with his family. It’ll be the end of an era, but not before one more college basketball betting season leading up to a sports bettors dream of filling out NCAA Tournament brackets. With so many college basketball betting options, it can be difficult to know where to start. Read on to learn about the best NCAA basketball spreads, college basketball overs/unders, and more!

Best NCAA Basketball Betting Sites for US Players

Our experts have compiled a list of the industry’s best college basketball betting sites for US players:

College Basketball Betting Lines

From “Midnight Madness” on through college basketball’s regular season and during the uber-popular NCAA Tournament “March Madness” brackets, Gamble Online provides up-to-date college basketball lines from top-rated sportsbooks. Check out the latest NCAA basketball betting futures odds below.

2023 NCAA Basketball Championship Odds Futures

Perennial college basketball powers remain atop the favorites to cut down the nets at the end of the 2023 NCAA men’s basketball tournament next April. Mark Few’s Gonzaga Bulldogs are the overall college basketball betting favorite at +750, while North Carolina is the only other program with odds better than 10-to-1. John Calipari’s Kentucky Wildcats check in ahead of the start of the season at 10-to-1, while we have a logjam at 12-to-1 between Texas’ finest, Houston and Baylor.

Team Odds to win 2023 NCAA Men’s Basketball Tournament
Gonzaga +750
North Carolina +850
Kentucky +1000
Baylor +1200
Houston +1200
Kansas +1400
Arkansas +1600
Creighton +1800
Duke +1800
UCLA +1800

Odds via BetOnline

NCAA Basketball Betting Types

Wager on the winning margin

NCAA basketball point spread bets involve placing a wager on which team you think will win the game and the points margin they’ll win by. Looking to bet spreads? Make sure you have a strategy in mind –  start by finding expert college basketball betting picks to point you in the right direction.

Most bettors who wager on basketball prefer to place bets against the spread (ATS) and college basketball fans are no different. The idea behind this type of bet is to provide bettors an equal playing field between the opponents and give each team a small handicap.

Bookmakers use the point spread as a way of leveling out the chances of either team winning the game by providing an advantage or disadvantage based on the margin of victory or defeat for a given team. Bettors then need to choose if a team wins by a certain amount of points (the favorite) or doesn’t lose by a certain amount of points (the underdog).

Usually, betting against the spread requires you to risk $110 for a chance to win $100. Consider the following example:

  • North Carolina -5.5 (-110)
  • Duke +5.5 (-110)

In our hypothetical scenario, North Carolina is the favorite which means if bettors take North Carolina, they need to win by 6 or more points to cash the bet. On the flipside, if you put your money on Duke, you’re going to win the bet if they win the game outright or only lose by five points or less.

Wager on the overall game winner

An NCAAB moneyline bet is a type of bet that provides betting odds focused on who will win the game, regardless of how many points. The more uneven the game, the larger the numbers you’ll see.

In college basketball betting, the moneyline isn’t as popular as betting against the spread, but it’s still popular among casual bettors due to its simplicity. When you bet the moneyline, your goal is to predict which team will win the game outright – the number of points doesn’t matter. Moneylines use $100 increments to express the odds and determine payouts and the more uneven the game, the bigger the numbers you’ll see.

A minus sign (-) in front of the odds indicates the favorite and the number listed shows how much money you must wager to win $100. A positive sign (+) in front of the odds indicates the underdog and the number show how much money you will win for a $100 wager. It is rare, but sometimes if the matchup is too extreme or one-sided, a book will take the moneyline option off the board.

Here is an NCAA moneyline example:

  • Kentucky -220
  • Kansas +180

In this case, Kentucky is the favorite, so if you bet $220, you would win $320 which is your $220 from your original bet along with $100 in profit. Kansas, on the other hand, is the underdog, which means that if you bet $100, you would win $280 which is $100 from your original bet and $180 in profit.

Wager on the total number of points scored by both teams

Essentially, college basketball over/unders are when you wager on the final combined score of both teams, and if the score will be under or over a certain number.

Totals in college basketball betting is different from betting the moneyline or against the spread as it requires you to pick the final combined score of both teams. This wager is strictly scoring based with nothing to do with the final match outcome. The bookmakers determine this number through past performance along with current matchups and the bettor must choose if the final combined score will land on either side of this number.

For example, if the total for an NCAA game is set at 141.5 and a bettor wagers on the under, this means that if the final combined score is 142 or more, the bet loses. If the teams combine to score 141 or less, the bet wins. As a sports bettor, there are many factors to consider before wagering on totals such as injury reports, matchups, recent schedule and performance.

An NCAA parlay is a combination bet which combines the outcome of many games

Parlays let you place different types of bets, in one single bet.

Parlays are often referred to as accumulators or multipliers, as they allow you to combine many straight wagers of various types into a single bet. Wagering on a parlay is different from placing each of those bets separately as the odds offered on parlays are significantly higher.

In order for a parlay bet to cash, all single bets within the parlay need to be a success. For example, if you place a four-team parlay (four bets in one) and only three of your predictions are correct, your bet loses. Consequently, parlays are much riskier which makes them best suited for veteran bettors and high rollers.

Bet on the future outcome of an NCAA basketball event

Bet on the future outcome of a college basketball event, like a championship or draft.

Much like in the case of NBA, many betting sites allow you to put your money on NCAA futures. The most popular wagering options are almost always tied to the outcome of the NCAA championship or March Madness.

Bets of this kind can be placed before the season starts and throughout the season with the odds varying on many factors. With a futures’ bet, keep in mind that the money you invest in this will be tied up until the result happens, which can take weeks and months. That’s also why you need to be able to go to the safest online sportsbooks.

Betting on March Madness

It’s a tradition unlike any other and, no, we’re not talking about golf’s Masters Tournament. College basketball’s March Madness NCAA Tournament is a sports betting rite of passage as one of thee most popular annual sports events.

March Madness Defending Champs

The Kansas Jayhawks set a record by rallying back from a 16-point deficit to beat North Carolina, 72-69, in the 2022 National Championship game.

The Jayhawks are among the top 10 favorites to win it all again in 2023.

2023 Final Four Host

Houston will host the NCAA tournament’s Final Four at the home of the Houston Texans, NRG Stadium.

Sweet 16 and Elite Eight regional host cities include Kansas City, Las Vegas, Louisville and Madison Square Garden in New York.

The Favorites

The top favorites to win the 2023 NCAA men’s basketball tournament are:

  • Gonzaga
  • Houston
  • Kentucky
  • North Carolina
  • Duke
  • UCLA
  • Kansas

NCAA Tournament Dates

Here are the scheduled dates and venues for the 2023 NCAA Basketball Tournament.

  • Selection Sunday: Sunday, March 12
  • First Four: Tuesday and Wednesday, March 14 and 15 at University of Dayton
  • First Round: Thursday March 16 and Friday March 17 at various sites.
  • Second Round: Saturday March 18 and Sunday March 19 at various sites.
  • Sweet Sixteen: Thursday March 23 and Friday March 24 at regional host venues.
  • Elite Eight: Saturday March 25 and Sunday March 26 at regional host venues.
  • Final Four: Saturday April 1 and Monday April 3 at the NRG Stadium.

NCAA Basketball Betting Strategies

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How does the team score points?

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 with bets like college basketball over/unders, especially since there are far more teams than the NBA—353 teams, to be exact.

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NCAA Tournaments—Know them well.

Players love to go through the wagering options that are almost always tied to the outcome of the NCAA championship, or March Madness. Sixty-eight teams make up the tournament, and over three weeks, the college hoops champion is 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.

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Is the court neutral?

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.

Bet on Sports Like NCAA Basketball

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NBA Betting

If you prefer the pros over college hoops, check out our recommended NBA betting sites.

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College Football Betting

Ready, set, hut, hut, bet! Start here if you're ready to wager on some college football.

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Sportsbook Reviews

Before you sign up for a new sports betting account, be sure to read our expert reviews of the top-rated sportsbooks.

NCAA Basketball FAQs

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