A Concise Overview of the College Basketball Betting Landscape
Continuing our series of how-to betting articles, let’s now have a look at college basketball, one of the most popular sports in America. 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 summit tourneys give way to the Big Dance, there is 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 pot sweetens. Every year as spring approaches, fans and bettors alike find themselves consumed by the hype that’s March Madness. Of all of the sports events in the usa, none demand more energy, more investigation, and much more focus than the NCAA Tournament.
There is no lack of avenues for individuals. In reality, it’s estimated that advertisers spend more than $1.15 Billion each year on the near-month long event. And, according to an annual report issued by Challenger, Gray & Christmas, businesses incur an estimated reduction of $1.9 Billion annually due to workers being”diverted and unproductive” throughout the tourney.
Then there’s the gambling side of things. Easily thought of as among the greatest sports betting events in the Earth, that the NCAA Tournament offers people a plethora of opportunities to place wagers–67 matches to be exact. The result? More than 70 million brackets are filled out each year–generating an average of $9 Billion in stakes, with just $240 million of that going legally to Nevada sportsbooks.
That being said, let us take a look at the different sorts of bets you can place on basketball. These are the same as you may expect. Nonetheless, we’ll go over them and, similar to previous how-to articles, we will examine some vital numbers and statistics to consider when placing your bets.
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