![]() Typically, you'll see this number directly below the spread in a smaller font. Maryland:Īside from the spread number, bettors also need to be aware of the juice, or the vig, which is the “tax” that betters pay to a sportsbook to place their wager. A bet on the underdog will, if the team wins the game outright or loses by less than allotted point spread. The number next to this minus sign is how many points the favored team has to win by in order to cover the bet. Similar to a moneyline bet, a minus sign (-) is assigned to the favorite team. To cover a spread, the selected team must beat the point spread that was assigned by oddsmakers for a particular contest. In this type of wager, the bettor has correctly pick which team will win or lose by a specific amount of points. The point spread may also be referred to as a margin of victory bet, bets against the spread, or simply, the spread. Bettors must risk more money to profit when placing a wager on a favorite as compared to an underdog. By contrast, Iowa's moneyline of -177 means that a bettor would win $100 for every $177 invested. 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. College basketball is one of the most exciting sports to bet, especially come tournament time.
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