March Madness Betting

2019 NCAAB Championship Odds: Early Preview

What a college basketball season this has been, with plenty of intrigue, heart-breaking upsets and Cinderella stories, that culminated with another Villanova national championship title this past Monday, their second in just three years. The Wildcats toyed with their competition throughout the entirety of the NCAA tournament, and the championship tilt against Michigan was no exception. Villanova concluded their March Madness story with a 79-62 dismantling of the Wolverines – not quite enough to cover the spread on the NCAAB March Madness betting lines.

The unquestionable star of the title game was sophomore guard Donte DiVincenzo, who exploded for a surprising 31 points off the bench. The Wilmington, DE native wasn’t going to be denied in the biggest game of his career as he called his shots from all over the floor, including swishing five out of seven three pointers attempted. Everyone expected the Wildcats to rely on their superstars and NBA-level talents Mikal Bridges and Jalen Brunson, but this was DiVincenzo’s night. Michigan simply couldn’t find an answer for him defensively and looked discombobulated at times on the offensive side of the ball.

With the 2017-18 season behind us, it’s never too early to start looking at the 2019 March Madness odds, so let’s get to it. 

 

Duke Blue Devils (+450 odds to win March Madness)

Coach K is a college basketball icon and the single best-known personality in the game, so he’s always been a fantastic recruiter, but the last two years he’s taken his recruiting game to another level. Without a doubt, Duke is now the No. 1 destination for top prep talent in the land. In this year’s NBA draft, all five of their starters are projected as first round selections, which you’d think would leave a conspicuous void on their roster. Not to worry, Duke fans, your team is reloading with three recruits sitting atop the 247 sports recruiting rankings for the 2018 class, including the unanimous No. 1 recruit for all scouting websites in Canadian RJ Barrett from Montverde Academy.

Duke’s wealth of talent makes it easy to see why they stand above the rest when it comes to the 2019 NCAA Men’s Championship odds at +450, but this strategy is not without its downfalls when it comes to competing for the title. There’s no shortcut to becoming an experienced player in college basketball, which is possibly why Duke bowed out to Kansas in Elite Eight play of this year’s tournament. As long as Coach K is stacking his teams with crème de la crème one-and-done talent, experience will be in short supply as NBA scouts and general managers are salivating at their potential before the players are through with their freshman season. 

 

Kansas Jayhawks (+700 odds to win March Madness)

Losing this season’s top two scorers in Devonte’ Graham and Sviatoslav Mykhailiuk as well as his third scorer (sophomore Malik Newman) declaring for the NBA draft, head coach Bill Self certainly has his work cut out for him this coming season. With that being said, Self is one of the best teachers in the game and always puts a quality Kansas product out of the hardwood.

He’ll likely retain sophomore center Udoka Azubuike and junior guard Lagerald Vick, both of whom have shown flashes of brilliance in a Final Four campaign for Kansas. That coupled with a top five recruiting class (three recruits in the top 40) should make them competitive in the upcoming season like they usually are. Their college basketball odds for the championship stand at +700 as we go to press.

 

Villanova Wildcats (+850 odds to win March Madness)

It’s very difficult to repeat as national champions in college basketball, but if anyone can do it, it’s Jay Wright. Unlike most top programs that are zigging by filling their rosters with one-and-done players, the Wildcats are zagging by bringing in quality players that aren’t looking to leave for the higher level right away. Junior superstars Mikal Bridges and Jalen Brunson, who are expected to leave for the NBA this summer, stuck around for three years and helped Villanova to two national titles. Even with Bridges and Brunson leaving, the Wildcats have plenty of talent and experience remaining on their roster, so they may be worth a shot at +850 on the March Madness betting lines.

 

Kentucky Wildcats (+850 odds to win March Madness)

With two top 15 recruits and another ranked 32nd, Kentucky, perennial contenders for the national title, will be a squad to be reckoned with during the upcoming season. John Calipari should be getting a slightly more experienced unit for the 2018-19 campaign, which will bode well for their championship chances. Similar to Villanova, Kentucky could be a good value option at +850 odds.

 

Bet on College Basketball

 

2018 March Madness Betting Guide

The College Basketball Playoffs, commonly referred to as March Madness, are some of the most exciting playoffs in all of sports due to the unpredictable nature of the tournament. The top 68 teams in the nation earn a coveted spot in the prestigious competition either by winning their conference championship or getting chosen by the selection committee as at-large bids. The eventual winner is decided through a single-elimination bracket format tournament. There are 32 conference champions that receive automatic bids and 36 at-large selections whose participation is determined by the committee. We’ll get you ready for betting on the March Madness odds board by discussing the different bet types available to you to enhance your college basketball watching experience this spring. 

 

March Madness Point Spread Betting

When it comes to the college basketball betting lines, spread betting is the most popular way to get in the action. With spread betting, the team that is favoured to win the game is given a certain number of points that they have to win by to be considered a winning bet. This is called the spread, and the odds of betting on either team using the spread are fairly even.

For example, if Virginia is playing Auburn after both teams have gotten through their first two round matchups, the Sweet 16 spread might be something like this:

Virginia Cavaliers -7.5
Auburn Tigers +7.5

The negative sign means that Virginia is a 7.5-point favourite over Auburn. In order for a Virginia point spread bet to pay out, they would have to cover the spread by winning by 8 or more points. Auburn, on the other hand, would have to win the game or lose by no more than 7 points for a Tigers bet to win. If the NCAA tournament lines have deemed Virginia as a flat 8-point favourite and they win by exactly 8 points, the bet is considered a push and you would get your initial bet returned to you, regardless of which team you wagered on.    

You also have the option to “buy points” with March Madness betting. In the above example, if you believe the spread is right where it should be, you can pay a small premium to buy a half-point and have the odds shift from -7.5 to -7 if betting on Virginia, or from +7.5 to +8 if betting on Auburn. The odds might shift from -110 to -120, however, so you would have to pay $120 (instead of $110 if you don’t buy points) to win $100. Buying points increases your chances of getting your money back. 

Sometimes, the two teams are so even that the March Madness lines will have no favourite and thus no point spread. This is called a Pick ‘Em game, which essentially results in a moneyline bet due to the lack of a spread. 

 

March Madness Moneyline Betting

Some bettors enjoy betting the moneyline due to its simplicity. With a moneyline bet, you are betting on one thing only – which team will win the game. Because of a lack of point spread, the odds themselves change to reflect the likelihood of each team winning the tilt. A bet on the underdog pays out more, while a safer bet on the favourite would require a premium. Using the above example and assuming Virginia got through Auburn in the Elite 16 round and are now facing Ohio State, the Elite 8 odds for the moneyline may look like this:

Virginia Cavaliers -265 
Ohio State Buckeyes +225

If you’re betting on Virginia, you have to wager $265 to win $100, as they’re the favourites. Ohio State, on the other hand, will pay out more if the bet is a winner, returning $225 on an initial risk of $100. Moneyline betting is an easy way to get into the action if you’re a beginner, or simply prefer wagering on the game outcome straight up.  

 

March Madness Total Betting

The Over/Under betting (also known as total betting) is another simple form of betting that makes the March Madness experience more enjoyable. You can bet on the total number of points scored in the game or half. For example, if Ohio State pulled off the upset over Virginia and is now facing their Big 10 rival Michigan State, the Final Four odds may have the total set at 159 total points. You can bet the Under and root for a sloppy, turnover-prone game with excellent defence, or the Over and hope for a plethora of made three-pointers with defenders missing most of their assignments. If you enjoy predicting the total number of points scored, this wager is right up your alley. 

 

March Madness Future Betting

As opposed to betting on the outcome of a single game, futures betting allows you to bet on a macro level by predicting how a certain team might do during the season, or how far they will go in the playoffs. This includes wagering on NCAA Championship odds. You can bet during the regular season or once the tournament has begun, with the odds constantly updating throughout the season and the playoffs.  

For example, if you believe Arizona’s odds to win NCAAB Championship provide great value at +2000, you can make that bet and hope for the Wildcats to bring home the bacon. If you’re a big picture sports fan, you should consider futures betting. 

 

March Madness Prop Betting 

Prop betting is another exciting way to stay engaged during March Madness that allows you to wager on events that are related to the game(s) but may not necessarily impact the final result. These betting options could be anything from tournament MVP or how many points a certain player will score to more fun and even silly events like whether the total points scored in a game will be an odd or even number. 

Continuing with our Ohio State vs. Michigan State example, a prop bet could be the total number of points the Spartans get from their top scorer, Miles Bridges, in their Final Four matchup. The total might be set at 19.5 points, for example, so if you believe he’ll explode in the biggest game of his career, you would take the Over. If you’re a detail-oriented bettor, prop betting might be for you. 

 

March Madness Parlay Bets 

Parlay betting is the ability to combine multiple bets into one. This bet results in higher winnings than if the bets were made individually because bet profits are reinvested into the next wager. 

Using the Virginia/Ohio State matchup from above, let’s suppose the odds are as follows:

Moneyline Odds:
Virginia Cavaliers -265 
Ohio State Buckeyes +225

Total Points Scored:
Over 132 (-110)
Under 132 (-110)

Let’s say you believe Virginia will win the game, but for them to do this, it has to be a low scoring game. Their offense simply isn’t potent enough to win otherwise. If you wager $50 on each outcome individually ($100 total), you will end up with $164.32: your initial $100 investment and a profit of $64.32. However, if you parlay the two bets together, you’ll have amassed $262.95, which includes a profit of $162.95. Just like the principle of compounding interest/returns, your profits look much better in a parlay bet.

Unsurprisingly, these bets are also riskier, as all of your bets need to win in order for the parlay to be successful. If betting on multiple events is your cup of tea, you should check out parlay betting for higher rewards. 

 

March Madness Teaser Bets 

Teaser bets are like buying points and parlay betting rolled into one. You can adjust the odds with a teaser bet in your favour by 4, 4.5, 5, or 6 points when betting on multiple outcomes in the same bet. The higher the teaser amount, the more of a premium you have to pay for the higher probability of winning the wager.  

Let’s suppose you’re interested in two Sweet 16 games and the NCAA tournament lines have the following:

Virginia Cavaliers -7.5 (-110)
Auburn Tigers +7.5 (-110)

Villanova Wildcats -5 (-110)
Oklahoma Sooners +5 (-110)

You believe that Virginia’s defence is too much for Auburn and that Villanova’s defence will effectively zero-in on the Sooner scoring machine Trae Young, making him a non-factor in the contest. However, you want to feel a bit more comfortable about making the wager. You can place a 4-point teaser bet on Virginia and Villanova, shifting their odds to -3.5 and -1 respectively. The payout will be even odds, which is less of a return than if you didn’t buy the extra points.  

If you enjoy having a bit of a cushion and don’t mind foregoing the higher earnings you could have with a regular parlay bet, you may decide to opt for some teaser action. 

 

March Madness Live Betting

Many of the betting types described above aren’t only available before the game has started – you can place the wagers as the game is going on as well. With live betting, odds shift based on what’s happened in the game so far and if you catch them at the right time, it could yield a hefty payout. For example, if Virginia is down by 12 points to Auburn at halftime but you believe they’re a great second-half team and will make a comeback after the break, you can buy them while their odds are down. Their pre-game odds may have been -330 but are now +145. Live betting is typically available for bets such as spread, moneyline, and points total betting to name a few.

 

 

March Madness Betting Tips

When deciding which teams or outcomes to bet on, it might seem tempting to bet on underdogs and long shots, as the payoff for these wagers is higher. While that’s certainly the case, remember that it’s higher for a reason – these events are less likely to happen than the bets that have a minus sign in front of them. Professional bettors win more frequently betting on the favourites. The profit won’t blow you away, but you might come out with more cash in the end.

Another good guideline to follow is to combine events that are likely to happen, like betting on Virginia coupled with a low points total example described earlier. If you can bet on events that have a higher probability of occurring if another event takes place (ex. a star has to score many points for his team to win), it might be a good idea to place a parlay bet on the outcomes.

Bodog offers a wide variety of betting options for this year’s tournament, so make sure you check out all the March Madness lines before deciding on your ultimate betting strategy. There are many fun bets you can make to supplement your college basketball watching experience, so make sure to take advantage of everything our sportsbook has to offer. Happy betting.
 

 

*Odds as of April 6, 2018