How to bet on Basketball - Basketball betting explained

It does not matter with an over-under bet sometimes called a totals bet which team scores the points. For example, if too many people are betting on Cincinnati, the sportsbook will adjust the spread to discourage bets on them and encourage bets on Providence. Fractional betting odds are the easiest to understand. Sports Betting Odds 101

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Pittsburgh Steelers that means the Bears are favored to win by 7. Of course, there is no such thing as a half point in football or basketball. So if you were to bet on that Bears-Steelers example, Pittsburgh essentially starts the game with a 7. If you wanted to win money on the Bears, Chicago would have to win by no less than eight points. If you wanted to win money on Pittsburgh, the Steelers would simply have to not lose by more than 7.

So a final score in favor of Chicago would be a win for Steelers bettors but not for Bears bettors. Any Pittsburgh victory obviously would be a win for anyone who bet the Steelers. All you have to do is pick the winner regardless of score.

There is also what is called a total. This is posted for every major American team sport. In football and basketball, the total is the combined amount of points the teams score in a game. In baseball, the total is usually between runs scored combined by both teams in a game. In hockey, the total is usually between total goals scored combined between two teams. Often the over and under are both the same in terms of one or the other being a favorite. But there are times when either the over or under is favored over the other.

This is when a moneyline comes into play. But when it comes toThere might not be a more exciting month of sports than the college basketball tournament every year. But when it comes to betting, there are just a couple of events that you think of over the rest. That's right, March Madness! Aside from the Super Bowl, which is the single most bet-on sporting event in the world, the NCAA tournament rivals it on the month-long journey. Come on now, we've all filled out a bracket or had an office pool.

But when it comes to college basketball, there are a ton of betting odds that are formed by oddsmakers and online sportsbooks. With over Division I programs, college basketball is one of the most popular sports in the United States, capped off by the biggest tournament at the end of the year in deciding a national champion.

It's the ultimate playoff. But here at ExplainBettingOdds. Betting the spread in college basketball is one of the most basic and common betting lines that one probably thinks of when it comes to wagering. The point spread is installed for a college basketball game, establishing both a favorite in the game, and an underdog.

The favorite is the team predicted to win, while the underdog is predicted to lose. But not all favorites or underdogs are equal in every game. That's where the number on the spread comes into play. The favorite will be set to win by X number of points, for which they have to then hypothetically give points to the underdog.

The underdog will then receive those points. So the objective is to wager on the team to cover the spread. Payouts for this point spread wager is generally right around even money, because the idea behind it is to even the playing field for teams that are not perceived equal on paper. Read our Point spreads page to learn more. Betting on the moneyline in college basketball is another type of straight wager, just like the point spread.

But there is one major difference. A bet made on the moneyline is picking the winner of the game with no point spread involved. That is to say, pick the straight up winner of the game.

This sounds easier, and you would be right, it is. But oddsmakers know this, and create a wide range of payouts. The more favored a team is, the more money that must be risked in order to return a profit.