The 2020-21 NCAA basketball season is well underway with 351 Division 1 teams vying to land one of the coveted 68 spots in the annual tournament. NCAA college basketball games are available every day for betting, as are a selection of NCAA basketball futures bets that could pay off along the way. Below you’ll find betting college basketball odds for today’s games, along with advice on how to how to pick a winner.
NCAA basketball betting for US college basketball. All available pre-match and live odds including lines, spreads and totals all season up to March Madness. CBSSports.com's College Basketball expert picks provides daily picks for each game during the season.
The latest college basketball odds from the top US sportsbooks.
1. A loaded Big Ten: The field in the Big Ten tournament is one of the deepest fields in the country. It’s led by #2 Michigan, #4 Illinois, and #5 Iowa; with ranked Purdue, Ohio State, and Wisconsin cleaning up the group. Don’t overlook Michigan State, who has largely struggled this year– the Spartans finished the season with huge wins over Illinois, Ohio State, and Michigan.
2. Race for the Big 12: Similar to the Big Ten, the Big 12 has a ridiculously loaded field this year. Seven out of the ten teams are ranked and only two teams (Kansas State, Iowa State) are more than a game below 0.500. Baylor has dominated the conference all season long, though Kansas proved that the Bears aren’t untouchable. Even six-seed Texas Tech is capable of making a tournament run, as is seven-seed Oklahoma. Anything can happen this week.
3. SEC contenders or pretenders? Both Alabama and Arkansas came out of seemingly nowhere this season behind offensive barrages. The Tide ride voluminous and efficient three-point shooting while the Razorbacks use up-tempo, high-probability shooting to bury their opponents. However, neither team has a recent track record of success in the NCAA Tournament, making these two teams worthy of keeping an eye on.
4. The field shapes out: There’s tons of autobids up for grabs and hopes for struggling teams to sneak into the NCAA Tournament are very much alive. For Blue Bloods like UNC, Duke, and Kentucky, they have to secure their conference’s autobid by winning the conference tournaments. Other conferences will produce champions that are hopeful to be the nation’s next Cinderella team.
With the college basketball betting season underway, it’s a great time to be speculative and look for a price in the futures betting market.
The prices on the top teams will become “shorter” as the core of the conference schedule gets underway, and teams establish their performance and form.
So, if you really like one of the traditional public favorites, their current national title odds may not be around for that long.
It’s also a great time to shop around for a school that you feel is being overlooked or underpriced in the market.
In 2019, a bettor had a belief in Texas Tech with futures bets placed in November 2018 at 200-1 and 125-1 and watched the Red Raiders make a great postseason run, only to lose in the national championship in overtime to Virginia.
Looking at where there may be some value, here’s how online sportsbooks have priced their national title contenders currently:
The experience of betting college basketball online via a top US sports betting site or sportsbook is much more convenient than a retail sportsbook. From a betting perspective, there are three advantages of betting online versus waiting in the teller line at a retail sportsbook:
Watching the action live on TV with the ability to assess a wager for the second-half or final-game result is a great advantage, especially as the point spreads and totals change in real-time with the game action.
While college basketball’s in-game betting options are less extensive compared to, say, the NBA, there are still opportunities to make in-game bets in college hoops.
In this example from DraftKings, California is at home versus Prairie View. The pregame line was California -15.
Early in the first half, the live, in-game line has moved slightly to California -14.5:
In the Cal-Prairie View matchup, DraftKings posts full-game total points over/under totals for each team:
DraftKings also offers live point spreads for the first half:
For a live bettor, it’s important to place your live bets as quickly as you can. The odds will fluctuate in real-time as illustrated by increase/decrease in the Cal-Prairie View totals below from FOX Bet Sportsbook:
In addition to the futures betting referenced earlier, here are the additional types of bets you can expect to see on individual NCAA basketball games:
Moneyline, point spreads and over/under wagers can also typically be built into:
There is a lot to consider when placing a futures bet, especially in the early months of the season.
Determinants include the team’s previous year’s record, returning starters, key adds/losses/transfers and the impact of any coaching changes.
You can identify some value in teams’ future pricing by overlaying the current top 25 schools with current future book odds for the national title and, where available, conference titles.
The process for setting NCAA basketball lines is consistent with other sports including the NFL and college football.
Essentially, casinos and bookmakers try to set a line that balances the dollars being wagered on each side of the proposition so that they are somewhat equal, and the casino has no (or minimal) principal risk.
After an opening point spread is set, the line will fluctuate as money comes in on either side of the bet.
A line may open as Syracuse is a -5 favorite versus Duke.
If the public feels that Duke has a great chance to cover the spread (or even win the game outright) a majority of the money might come in at Duke +5 and, to balance out the line, the book would likely adjust the line down (e.g., Syracuse -4.5 or -4) to even out the money totals.
For the reasons noted above, each bookmaker must manage their specific market and liability circumstances.
So, DraftKings Sportsbook could potentially have a different balance of the money for a West Virginia-Indiana matchup versus what William Hill Sportsbook is handling, resulting in different betting lines at each sportsbook.
March Madness generates phenomenal betting interest across the United States every year
According to Forbes, about 47 million people — one in five American adults — are expected to bet an estimated $8.5 billion during the tournament this year. Of that, $4.6 billion will be bet in bracket/tourney pools and $3.9 billion bet on individual games.
As a frame of reference, there is an estimated $6 billion in wagers on the Super Bowl.
An NCAA selection committee of 10 decides which 68 schools will be in March Madness. Of the 68 schools, 32 qualify automatically by winning their conference tournament, with the other 36 at-large schools selected by the committee.
The Final Four will take place at Lucas Oil Stadium in Indianapolis.
Check our free NCAA tournament bracket contests page for the latest contests when March Madness rolls around again.
Futures betting on college basketball will be available in every legal sports betting state.
Retail and online sportsbooks also post daily game lines, NCAA futures and live in play betting. The exact types will vary from state to state.
As the market pricing can fluctuate daily due to a school’s improved performance, an injury to a key player or a player being ruled academically ineligible, it makes sense to watch the sports betting apps and online sportsbooks for up-to-date pricing. The online approach is more convenient, flexible and timely.
One legal exception to note in college basketball futures betting (as well as game-by-game betting) is in relation to New Jersey.
While you can freely bet on NCAA basketball while in the Garden State, state rules do not allow betting on any NJ-based schools. These include and extend to all games that are part of any regular-season or postseason tournaments.
Six, since the field expanded to 64 in 1984-85. North Carolina was the last school to do this in 2008-09. This year’s preseason consensus No. 1, Michigan State, is worth considering as part of a futures bet “to Make the Final Four.”
Just under 50% of the 35 preseason No. 1 teams since 1984-85 have advanced to the Final Four. Here’s the full breakdown of how the preseason No. 1 teams have performed in the NCAA tournament:
Source: NCAA.com
Teams can play 29 regular-season games, or they can play 27 regular-season games plus no more than four games in one multi-team tournament for a maximum of 31 games.
Conference and other postseason tournaments do not count against the limit. In 2019, Virginia’s national championship team had a final record of 35-3 (38 games).
The NCAA evaluation tool, aka the NET, relies on game results, the strength of schedule, game location, scoring margin, net offensive and defensive efficiency, and the quality of wins and losses.
The NET tool is now the primary tool used by the NCAA tournament committee to evaluate and seed the 36 at-large schools in the tournament. A deeper dive into NET ratings can be found on the NCAA website.
In terms of historical performance, here’s a summary of lower-seeds performance in the opening round of the tournament:
Two other postseason tournaments invite schools that do not make the March Madness field of 68:
Note: RPI was replaced prior to the 2018-19 season by NET ratings as the primary sorting tool for evaluating teams during the Division I men’s basketball season.
The rating percentage index (RPI) was used by the NCAA men’s basketball committee as supplemental data to help select at-large teams and seed all teams for the NCAA tourney.
Three components comprise a school’s RPI: