A Brief Summary of the College Basketball Betting Landscape
Continuing our series of how-to betting articles, let’s now take a look at college basketball, one of the most popular sports in America. Together with NCAA regular season games at full swing, what better time is there to learn about the intricacies of college basketball gambling?
Although the vast majority of betting action comes in the springtime when summit tourneys give way to the Big Dance, there’s still a whole season of games to choose from from November to March. Honing your gambling knowledge during the regular season will no doubt give you a leg up heading into tournament time once the stakes are higher, the plot thickens, as well as the pot sweetens. Every year as spring approaches, bettors and fans alike find themselves absorbed by the hype that’s March Madness. Of all the sports events in America, none need more energy, further analysis, and much more focus than the NCAA Tournament.
From office pools to ESPN Bracketology, there is absolutely no lack of paths for individuals to get in on the action. In fact, it is estimated that advertisers spend more than $1.15 Billion annually around the near-month long occasion. And, based on an yearly report issued by Challenger, Gray & Christmas, companies incur an estimated loss of $1.9 Billion each year because of workers being”distracted and unproductive” throughout the tourney.
Then there is the side of things. Easily thought of as among the biggest sports gambling events in the world, that the NCAA Tournament offers people a plethora of chances to place wagers–67 matches to be precise. The result? More than 70 million brackets are filled out annually –producing an average of $9 Billion in stakes, with only $240 million of the moving legally to Nevada sportsbooks.
That having been said, let us take a look at different sorts of bets you can place on college basketball. These are the same as those you can place on NBA Games as you may expect. Nonetheless, we will go over them and, similar to previous how-to articles, we’ll discuss some key statistics and numbers to consider when setting your bets.
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