This would give you a total payout of $245 with your original $100 wager included. Maryland matchup, a $100 bet on Maryland at +145 odds would result in a $145 profit if they won the game. The specific numbers next to the plus or minus signs indicate the associated payout amount for betting on each team. Maryland is the underdog with the +145 moneyline. You can tell that Iowa is the favored team in this game because they have a -177 designation moneyline. You can tell which team is the favorite in an odds table as they will be designated with a minus sign (-) while the underdog will be given a plus sign (+). Here's how the moneyline bet looks for our selected college basketball matchup: The favorite is the team that is expected to win the contest, and conversely, the underdog is the team that is expected to lose.

Almost every single game will have a favorite team and an underdog team. The most common betting types that you will encounter with college basketball are:Ĭollege basketball moneyline bets simply require a bettor to select the winner of a particular contest. Understanding the various types of college basketball bets, and how they payout, is a must before placing a wager with any confidence. We will use a game between the Iowa Hawkeyes and the Maryland Terrapins as an example throughout this college basketball betting guide. This page will help those new to betting understand some of the basic terminology as well as provide details on how to read and understand college basketball odds. March Madness brackets aside, there are a variety of ways that residents of states where sports betting is legalized can get in on the action. The state features two of the most storied programs in Duke and UNC, so with North Carolina sports betting being the next state to come online with mobile sports betting in early 2024, we can expect to see a lot of handle on college basketball in the Tar Heel State! College Basketball OddsĬollege basketball is one of the most exciting sports to bet, especially come tournament time. North Carolina bleeds for college basketball. Be sure to follow the news if you're in a pending state. There are several states that are in the process of creating or voting on legislation that would legalize mobile sports betting. Legal online sports betting is currently available across 29 states, including Washington, D.C.! You can see the status of sports betting in your state with Action Network's legalization tracker.

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