A Brief Overview of the College Basketball Betting Landscape
Continuing our series of how-to betting articles, let’s now take a look at college basketball, one of the most well-known sports in America. Together with NCAA regular season games at full swing, what better time is there to learn the intricacies of college basketball betting?
Though the majority of gambling action comes from the springtime when summit tourneys give way into the Big Dance, there’s still an entire period of matches to choose from from November to March. Honing your betting knowledge through the regular season will undoubtedly give you a leg up going into tournament time when the stakes are high, the plot thickens, as well as the bud sweetens. Every year as spring approaches, bettors and fans alike find themselves consumed. Of all the sports events in America, none demand more energy, more analysis, and more focus than the NCAA Tournament.
There is no lack of paths for individuals. In fact, it is estimated that advertisers spend more than $1.15 Billion each year around the near-month long event. And, based on an yearly report issued by Challenger, Gray & Christmas, companies incur an estimated loss of $1.9 Billion each year due to workers being”diverted and unproductive” during the tourney.
Then there’s the gambling side of things. Easily thought of as one of the greatest sports gambling events in the Earth, that the NCAA Tournament offers people a plethora of opportunities to put wagers–67 matches to be precise. The outcome? Over 70 million brackets are filled out annually –producing an average of $9 Billion in stakes, with just $240 million of the going legally to Nevada sportsbooks.
That being said, let’s take a look at the different kinds. These are the same, as you may expect. Nonetheless, we’ll go over them and, similar to previous how-to content, we’ll examine some key numbers and statistics to consider when setting your bets.
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