A Brief Overview of the College Basketball Betting Landscape
Continuing our series of how-to gambling articles, let’s now have a look at college basketball, among the most well-known sports in America. With NCAA regular season games at full swing, what better time is there to learn the ins and outs of college basketball betting?
Though the vast majority of betting action comes in the springtime when conference tourneys give way to the Big Dance, there’s still an entire period of games to choose from from November to March. Honing your gambling knowledge during the regular season will no doubt give you a leg up heading into tournament time once the stakes are higher, 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 the usa, none demand more energy, further investigation, and much more attention compared to the NCAA Tournament.
From office pools to ESPN Bracketology, there is no lack of avenues for individuals to get in on the action. In fact, it’s estimated that advertisers spend more than $1.15 Billion each year around the near-month long event. And, according to an yearly report issued by Challenger, Gray & Christmas, companies incur an estimated loss of $1.9 Billion annually because of employees being”distracted and unproductive” throughout the tourney.
Then there’s the betting side of matters. Easily considered one of the greatest sports betting events in the Earth, that the NCAA Tournament offers people a plethora of chances to place wagers–67 matches to be exact. The result? Over 70 million mounts are filled out annually –generating an average of $9 Billion in bets, with just $240 million of the going lawfully to Nevada sportsbooks.
That having been said, let’s take a look at the different kinds. These are the same as those you can place on NBA Games, as you may expect. Nonetheless, we will go over them and, very similar to previous how-to content, we’ll examine some key numbers and statistics to consider when placing your bets.
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