Updated Mon, Aug. 31, 2:00 PM ET - Consensus Odds Provided by VI - Subject to Change
How to Bet on College Basketball Futures
When you look at your annual sports betting calendar, March Madness is definitely at the top of the list and that is the major College Basketball event of the season. Individuals looking to place College Basketball Future wagers will either be alive or dead when this three-week tournament begins and some of the bets can return lucrative prices. While the single-elimination event is the “Super Bowl” of College Basketball, bettors can start placing Future Odds any time. If you've found some odds that interest you, check out our online sportsbook directory to find the best and most secure places to make college basketball bets, as well as exclusive sportsbook offers.
Similar to other sports, the majority of online oddsmakers post College Basketball Futures shortly after the conclusion of the season. The betting market usually gets a spike of popularity in May or June, which is when some of the top players decided to forego their college basketball eligibility and put themselves into the NBA Draft. Once a player decides to become a professional, he cannot return and continue his amateur status. Some bettors have a knack of forecasting who’s returning and leaving, which could create a huge advantage over the oddsmakers. Knowing that a team will be more experienced is a huge advantage in the College Basketball Futures market.
2021 NCAA Tournament Odds to Win
There are several good bets to win March Madness in 2021. The current odds to win the National Championship today are:
College Basketball Men’s Division Odds
Handicapping the College Basketball Futures isn’t easy since the strength of schedule isn’t equal among all schools. Plus, there are over 300 schools that have a chance to win the College Basketball championship. It’s well understood that there is a major competitive gap and you can see that in the College Basketball Men's Division Odds betting market. The traditional powers always have an advantage over the mid-major schools and that’s also reflected in the Men’s Division Odds.
A lot of sportsbooks produce Division Odds on specific conferences and bettors can forecast who will be the top team from each group. Major College Basketball Men’s Odds can be found on the following conferences.
Keep an eye on the Mid-Major Conferences too, since we’ve seen schools from these groups make noise in the College Basketball Futures Odds market.
How do I bet on the College Basketball Men’s Division winner?
You can bet on a NCAA tournament championship pick throughout the season and during the year but the College Basketball Futures market always heats up in March. Betting and winning on the Men’s Division winner are obviously two different things but VegasInsider.com has all the resources to help guide you the right way. Figuring out how to make the bet is simple. All sportsbooks offer Future Odds and after selecting College Basketball Men’s Division winner, you’ll see the school and then the corresponding odds.
When you place a Future Odds wager, you’re locking up your money on an event that takes place at later time. The winner is crowned in April and bettors will winning wagers will be paid based on fixed odds when the bet was placed. To figure out your Win Amount, take the odds and multiply by the amount wagered.
Ex. Baylor Bears (8/1) to win the NCAA Men's Basketball Championship.
The Bears are listed as a 8/1 betting choice to win the NCAA Men's Championship. If you wager $100 on Baylor to win the NCAA and it captures the championship, then you would win $800 (8 ÷ 1 x 100). You would collect $900, which includes your win and stake ($100).
For College Basketball bettors preferring American Odds, Baylor would be +800 while the Decimal version would be 9.00.
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