Wagering on a college basketball moneyline is a particular betting strategy which allows participants to place bets without factoring in the point spread. If you’re curious about the form of betting, you’ll appreciate our helpful quick guide.
Because we offer the inside scoop on what the college basketball moneyline actually is and how it may be used to best advantage, we have all of the hard facts that you’ve been looking for.
Now, let’s take a more in-depth look at the moneyline and the reasons why some betters prefer it to typical, point spread wagering…
Is Moneyline Betting the Right Choice for You?
In contrast to point spread betting, moneyline wagering for college basketball is based on odds. While the point spread is all about “equalizing” teams via the addition or subtraction of points (bookies do this, usually in Vegas), moneyline betting operates on a different model.
With moneyline wagering, odds will be assigned which make up for the contrast in ability between both teams. In a nutshell, you’ll bet more on good teams – to win less – and you’ll bet less on underdogs (in order to enjoy bigger winnings if you’re successful).
With regard to NCAA basketball, the moneyline offers some interesting and practical advantages. For example, if you’re pretty sure that a preferred team is going to be victorious, but you’re just not convinced that the team has what it takes to cover the point spread, taking the moneyline will make a lot of sense.
If you favor an underperforming team and you’re feeling confident that this team doesn’t need the point spread in order for your bet to pan out, it’s smart to bet less in order to win more (by choosing the moneyline over the point spread). By choosing this option, you won’t need to pay your bookie the typical fee for point spreads, which is known as the vigorish).
Moneyline Example
Let’s pretend that we’re going to make a moneyline bet via a sportsbook. Let’s say the Louisville Cardinals are assigned odds of +210, while their opponent, the Memphis Tigers, receives odds of -270. Because the Cardinals have higher odds, they are the underdog. The Tigers are the stronger team, based on their negative odds. If you wager on Louisville and they are victorious, you’ll win 210 dollars (if you risk one hundred bucks). You’ll get 210 dollars, plus your original stake (100).
To bet on the Memphis Tigers, you’ll need to risk $270.00 to get one hundred bucks in potential winnings. You’ll get your $270.00 stake back if you win. Bookies should not take anything from you during the betting process, so look for reputable sportsbooks and then deal exclusively with them.
Headline
Is Moneyline Betting the Right Choice for You?
Category