College and NCAA Basketball: A Comprehensive Betting Guide
College basketball, especially NCAA, brings some of the most exciting and popular sporting events in America, attracting fans from all corners of the globe. The supremacy of the NBA hasn’t taken anything away from the league that sits right after it – NCAA Division 1.
With its high-energy games, passionate fans, and talented athletes, it’s no surprise that NCAA basketball draws fans and punters from everywhere. If you’re a regular bettor or new to betting on college basketball, there are operators like betJACK who offer regular news updates, NCAA betting podcasts, reliable odds, and betting previews before every NCAA basketball game in order for you to make informed betting decisions.
Anyway, let’s get back to the basics with today’s betting guide. Whether you’re a seasoned sports bettor or just starting out, this guide will help you navigate the exciting world of college basketball betting with confidence.
Betting in The World of College Basketball
College basketball is quite a popular choice among punters. For example, approximately 8.5 billion U.S. dollars were staked on the 2019 NCAA Division 1 final. There’s a plethora of betting operators offering odds on college basketball games, especially the upper divisions of NCAA, and if you are thinking of wagering yourself, read on to the end to make sure you’re making the best use of your hard-earned cash.
How to Read Betting Odds for College Basketball and NCAA Events
Understanding the betting odds is an important part of betting on college basketball. The odds represent the likelihood of a particular outcome occurring, and the potential payout for a winning bet. There are three main types of odds: American, Decimal, and Fractional. Let’s see how they work.
American odds
American odds, also known as “moneyline odds,” are represented by a plus or minus sign in front of a number. A plus sign indicates the underdog, while a minus sign indicates the favorite. The negative number represents how much money you would need to bet in order to win $100, and the positive number shows how much you would win if you bet $100.
Decimal odds
Decimal odds, popular in Europe and Australia, is a form of sports betting in which odds and returns are expressed in decimal format. With decimal betting, bettors can determine their potential profits by multiplying the amount wagered with the decimal odds stated by the bookmaker.
Fractional odds
Commonly used in the UK and Ireland, fractional odds are represented as a ratio. The first number represents the potential profit, while the second number represents the amount of the bet.
How to Bet on NCAA Basketball
- Understand the betting odds
- Look around for the best odds offered: Find the highest ones offered by bookmakers to make the most out of the wager you’re making.
- Choose a sportsbook: Now that you know who’s offering what odds, choose a bookmaker. Do your research and find one with a good reputation.
- Study the teams: Research the teams that you are interested in. Look at their recent performance, injuries, and any other factors that might affect the outcome of the game. Find sites (like betJACK) where you’ll find the match previews and detailed predictions to make the job easier.
- Set a budget: Determine how much you can stake comfortably (money you can lose without serious consequences).
You should be all set by now as you know who you’ll bet on, how much you’ll bet, and for what odds. Remember, betting on college basketball should be fun and entertaining. It is important to be responsible and gamble within your means. Good luck!
