A Brief Summary of the College Basketball Betting Landscape
Continuing our series of how-to gambling articles, let’s now have a look at college basketball, one of the most well-known sports in the usa. Together with NCAA regular season games in full swing, what better time is there to find out about the ins and outs of college basketball gambling?
Though the majority of gambling action comes in the springtime when conference tourneys give way into the Big Dance, there is still a whole season of matches to select from from November to March. Honing your gambling knowledge through the regular season will no doubt give you a leg up going into tournament time once the stakes are high, the plot thickens, as well as the pot sweetens. Every year as spring approaches, bettors and fans alike find themselves absorbed by the hype that’s March Madness. Of all the sports events in America, none need more energy, more investigation, and much more attention compared to the NCAA Tournament.
From workplace pools to ESPN Bracketology, there is absolutely no shortage of avenues for people to get in on the action. In reality, it’s estimated that advertisers spend more than $1.15 Billion each year on the near-month long occasion. And, based on an yearly report issued by Challenger, Gray & Christmas, companies incur an estimated loss of $1.9 Billion annually due to employees being »diverted and unproductive » throughout the tourney.
Then there is the betting side of things. Easily thought of as one of the greatest sports betting events in the world, that the NCAA Championship offers individuals various chances to put wagers–67 games to be precise. The result? Over 70 million mounts are filled out annually –generating an average of $9 Billion in stakes, with just $240 million of the going legally to Nevada sportsbooks.
That being said, let us take a look at different kinds of bets you can place on college basketball. These are the same, as you may expect. Nonetheless, we will go over them and, similar to previous how-to articles, we will examine some vital statistics and numbers to consider when setting your bets.
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