College Basketball Betting Explained
Everyone loves college basketball it is one of the most exciting sports especially around March when the tournament gets underway. The only way to make watching a college basketball game better is if you are betting it, but betting can be difficult if you don’t fully understand how college basketball odds, lines, and spreads work. BetQL is here to help and explain how all the different bet types work, and how you can find value in these bets and start winning money today.
College Basketball Spreads Explained
There is really nothing comparable to betting a college basketball spread in March and cashing the ticket. Betting against the spread or ATS for short is the most popular way to bet on college basketball games and it is also very simple to understand. The team that is favored will be listed with a negative number (ie. -5) and that is the number they need to win the game by. In this example, the favorite must win by 6 or more points to “cover” the spread and win the bet. If they win by exactly 5-points the bet is considered a “push” or “no-bet”, in which case most sports books will return the amount wagered on the game back to you. .
The inverse example is called the underdog and next to their team will be a positive number (ie. +5) and this number is the maximum their team can lose by. In this example the underdog can lose by 5 points or less to be considered a win. If the team loses by exactly 5 then the bet is considered a “push” or “no-bet”. The way college basketball odds work is that corresponding to the college basketball spread will be a number that shows the odds of what your bet will payout. We will use the same example we used to show how college basketball point spreads works, but now add in the college basketball betting odds.
Michigan is playing Penn State in State College and even though Michigan is the road team they are favored to win the game and the spread is set at +/- 6. This means Michigan -6 and Penn State +6. The sports book has placed the odds at (-110) for both teams. These odds shows you that you would need to bet $110 to win $100 on Michigan and if you bet $100 on Penn State you would win $110. The sportsbook sets college basketball odds this way to make it enticing to bet both sides of the betting line. The sportsbook will also take a portion of the bet which is known as the “vig” or “juice” essentially this is like a tax you pay for the opportunity to place the bet. When betting college basketball against the spread, many sport books will allow you to “buy points”, which will change what the line is at adjusted odds. For example Michigan are -3.5 favorites to Penn State with the game being played at Penn State at -150 odds, meaning a $150 bet on Michigan -3.5 will pay out $100. You really like the Michigan to win the game, but are worried that Penn State will keep the game close and it could come down to the last possession, leading to a Michigan 3-point win, and thus they would not cover the spread. .
Betting a college basketball money line is as simple as picking a winner. You don’t have to worry about the spread at all. The only thing you need to do is check the odds to see how much you are going to make when you bet covers. .
For example if Michigan is playing Penn State in State College and Michigan is favored to win. Michigan’s odds may be listed at (-200) while Penn State’s odds are listed at (+200) that means if you bet Michigan you would need to bet $200 to win $100 in a moneyline bet, while if you bet Penn State to win you would win $200 with a $100 bet. Moneyline betting is very simple because if your team wins, you win the bet. Moneyline bets can get a bit more difficult to understand if you are betting a college basketball second half money line so make sure to check out our page to find a more in depth breakdown.
College Basketball Lines
Winning money betting college basketball is already difficult enough but when the lines, odds, and spreads constantly change it’s nearly impossible to know the right time to bet. Many sites that display college basketball odds are showing images of the opening line and you are left to fend for yourself when you go to place a bet at the book. BetQL prides itself on having the most up to date college basketball betting odds at all time. We are able to work closely with sportsbooks and are able to reflect up to the second college basketball point spread changes. If the line changes at your book you can be sure that BetQL has that updated college basketball lines. No longer do you have to go searching around to find college basketball lines for this week because BetQL has everything you need. With BetQL you can also create your own custom sports betting dashboard that highlights value bets for college basketball spreads. For example you can add a teams ATS record, sharp betting percentage, and home/away record and place that data next to our value bets to find a winner every time a game is played.