A Concise Overview of This College Basketball Betting Landscape
Continuing our series of how-to gambling articles, let us now take a look at college basketball, one of the most well-known sports in the usa. Together with NCAA regular season games at full swing, what better time is there to find out about the intricacies of college basketball gambling?
Though the vast majority of gambling action comes in the springtime when conference tourneys give way to the Big Dance, there is still a whole period of matches to select from from November to March. Honing your betting knowledge during the regular season will undoubtedly give you a leg up going into tournament time when the stakes are high, the plot thickens, and the bud sweetens. Each year as spring approaches, bettors and fans alike find themselves absorbed by the hype that is March Madness. Of all of the sports events in the usa, none demand more energy, further investigation, and more focus than the NCAA Tournament.
From office pools to ESPN Bracketology, there is absolutely no shortage of paths for individuals 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, businesses incur an estimated loss of $1.9 Billion annually because of employees being”distracted and unproductive” throughout the tourney.
Then there is the side of things. Easily considered one of the greatest sports gambling events in the world, that the NCAA Tournament offers people a plethora of chances to place wagers–67 games to be precise. The outcome? More than 70 million mounts are filled out annually –producing an average of $9 Billion in bets, with only $240 million of that going legally to Nevada sportsbooks.
That having been said, let us take a peek at different kinds of bets you can place on basketball. These are the same, as you might expect. Nonetheless, we’ll go over them and, similar to previous how-to content, we will examine some vital numbers and statistics to consider when placing your bets.