- 1 The Latest College Basketball Futures Odds
- 2 FAQs about College Basketball Futures Bets
- 3 Advantages of College Basketball Futures Bets
- 4 Our Top Tips On How To Win A College Basketball Futures Bet
- 5 The Sports Daily’s College Basketball Futures Picks
- 6 The Best Sportsbooks For College Basketball Futures Odds
Betting on college basketball futures odds is a great way to enjoy the entire NCAA basketball season as it adds additional excitement, and interest, and of course, the potential to win money on a futures odds bet is also enticing.
In this guide, we will cover everything you need to know about college basketball futures odds, including how they work, how to bet futures odds, tips on how to win your bets, and much more. Without further ado, check out our guide on how to win college basketball futures.
The Latest College Basketball Futures Odds
Before we dive into how futures odds work, check out the latest NCAA basketball futures, below. Here, you will notice that the two top teams Gonzaga and North Carolina have the most favorable odds to win the NCAA title and the rest of the top teams have very similar odds. These NCAA basketball futures odds will adjust over time as the season progresses.
What is a College Basketball Futures Bet?
College basketball futures bets are bet types that refer to wagers placed on outcomes that have yet to happen and will happen well into the future of a given season. The most popular bet is who will win the NCAA title, however, other college basketball futures include bets on who will individual conferences and conference tournaments, for example.
College basketball futures bets can be placed at any point in time provided that the outcome has yet to happen. But, the futures odds will change over time, which we will discuss later in this guide. To recap, college basketball futures are bets for future outcomes that are contingent upon the completion of the regular season and/or postseason.
How do College Basketball Futures Odds Work?
NCAA basketball futures will be displayed in traditional odds format, which includes a plus or a minus sign. More often than not futures odds will start with a plus sign. The higher the plus sign the more you can win. However, the higher the plus sign also means that the outcome is less likely to happen.
As the end of the season approaches you may begin to see college basketball futures with a negative sign. This just means the outcome is more favored to happen. It may switch to negative because oddsmakers have more information available from the season, thus, they will adjust the odds.
NCAA basketball futures most notably refer to who will the national title. However, you will see NCAA basketball futures on who will conferences, individual awards, and more.
College Basketball Championship Futures Bet Example
Below, is an example of how you might see national championship futures odds displayed at a sportsbook.
Odds to Win the National Championship
In this example, Gonzaga has the best odds but both teams have reasonable odds in general. Betting $100 on Gonzaga would yield $700 in profit and betting $800 on North Carolina would yield $800 in profit.
How are College Basketball Futures Bets Paid Out?
NCAA basketball futures bets are paid out just like any other sports bet. If your bet wins, you will receive your original wager plus your profit from the sportsbook. If your bet loses, you will not receive anything.
Because college basketball futures take a longer time to play out you will need to wait until the futures bet is settled, which more often than not takes place at the conclusion of the regular season or postseason. If you win, your funds will be automatically credited into your sportsbook account.
FAQs about College Basketball Futures Bets
Why do college basketball futures odds change?
College basketball futures odds change due to how teams are performing in real-time, if teams experienced any injuries, and/or how individual teams matchup in a tournament or against each other in a particular game of interest. Oddsmakers use real-time information such as this to adjust the implied outcome (the futures odds).
How does a sportsbook earn money from college basketball futures bets?
Sportsbooks earn money on NCAA basketball futures because they will keep bets that do not win. In other words, every time a bettor chooses an incorrect futures bet the sportsbook keeps their wager as a profit.
How does a sportsbook determine a college basketball futures price?
Sportsbooks look at factors such as individual schedules, strengths and weaknesses of each team’s roster, coaching experience, real-time on the court play, and tournament draws to create and adjust their odds. Simply put, they have professionals who provide expert analysis and create odds based on the current play and current rosters.
What if the price changes after placing a college basketball futures bet?
If a price changes after placing a college basketball futures bet you will not automatically receive the updated odds or price. You would need to place a new wager to take advantage of the price change. Your original wager will only be valid.
Are college basketball futures bets good bets?
Yes, NCAA basketball futures bets are good bets. One main reason they are good is you can profit nicely if you find a good price, and additionally, it adds overall excitement and enhances your viewing experience.
Can you put college basketball futures bets in parlays?
Yes, you can add college basketball futures bets in parlays.
What are college basketball futures?
College basketball futures are odds for outcomes that will happen during or after the season. The most common futures bet is who will win the national championship, which is a futures odd offered before the season until the final game of the NCAA tournament.
How do I read college basketball futures odds?
Reading NCAA basketball futures odds is simple. Positive odds indicate less likely outcomes and negative odds indicate the more likely outcome. The higher the odds the less likely that outcome will occur.
What are the most popular college basketball futures bets?
The most popular college basketball futures bets are bets on who will each conference tournament and who will win the national championship.
How to Place a College Basketball Futures Bet
Betting on NCAA basketball futures is a very simple process. Just follow our step-by-step guide below and you will be betting on college basketball futures in no time. Below, we are using BetOnline as an example, which is our top online sportsbook and a great choice for basketball futures.
- Step 1: To get started, you must first create a sportsbook account. At BetOnline, click “Join Now” and begin filling out your personal information.
- Step 2: Next, you will want to deposit funds into your account. Click the cashier button and select a deposit method of your choice. Here, you will also want to include any sportsbook promo codes to take advantage of any welcome bonuses being offered.
- Step 3: Now that your account has funds you can visit the sportsbook and select your NCAA basketball futures bet of choice.
- Step 4: After choosing your futures bet, add it to your bet slip and enter the amount you wish to wager. Next, confirm the bet with the sportsbook for it to be accepted.
- Step 5: Once you’ve entered the wager, all you have to do is wait for the bet to be graded. If you win, you will receive your original wager amount and your profits automatically within minutes of the bet being finalized.
Advantages of College Basketball Futures Bets
Below are a few reasons why we love college basketball futures bets and why you should consider betting on them.
- Potential profits. NCAA basketball futures offer good potential profit margins. One reason why is, futures odds are more difficult to predict in the early going and sportsbooks oftentimes have great prices.
- Easy to understand. Simply put, college basketball futures are easy to understand – you just have to pick one outcome correctly.
- Enhances your viewing. NCAA basketball futures will add excitement to each game and make a long season interesting because you have something to look forward to.
Our Top Tips On How To Win A College Basketball Futures Bet
Our team of experts put together a list of their top tips to help you potentially win more college basketball future bets. Check them out, below.
1. Research Thoroughly
To be a good sports bettor you must first do the research. This applies to futures odds as well. You should research each team, their roster, and their injury report, and gain an understanding of what they are good at and what they need to improve. Doing so will only help your chances.
2. Don’t Always Bet Your Alma Mater
It’s easy to bet with your heart but that’s not always advised when there is real money on the line. Don’t just bet a team because you went to school there or are close to it for whatever reason. Objectivity matters in sports betting, especially when it comes to betting futures.
3. Bankroll Management
Another great tip is to only bet what you are comfortable losing and if and when possible spread your bets across different teams and/or sportsbooks where it makes sense. This will help you limit your losses and allow you to take advantage of excellent odds and/or give yourself multiple chances at winning a futures bet.
4. Don’t Always Bet the Favorite
Favorites are favored for a reason but it doesn’t guarantee a winning bet. Use your research to find non-favorite futures bets that are valuable and have a reasonable chance of winning. Remember betting underdogs usually means higher odds, which translates to more potential profits.
5. Utilize Updated Odds
Sportsbooks will constantly refresh and update their futures odds. Use this to your advantage to find the best college basketball futures odds that offer value. Additionally, you can make a better-informed decision after researching teams and watching them play a few games. Updated odds are also great if you’d like to double down on an earlier bet or price.
The Sports Daily’s College Basketball Futures Picks
Here at The Sports Daily, we take pride in our approach to NCAAB futures and college basketball in general. With that said, check out our NCAAB picks page to learn more about our process and get up-to-date picks and predictions throughout the season.
Our team researches each and every conference and team and offers top-of-the-line game insight and analysis to help you decide which college basketball bet is right for you. Furthermore, we monitor sportsbooks for the latest college basketball futures odds and will refresh our picks pages leveraging the latest information.
How Do College Basketball Futures Bets Work With Live Betting?
Unfortunately, NCAAB futures odds are not compatible with live betting at sportsbooks. That is because NCAAB futures odds do not pertain to a live event or game but rather an outcome that is contingent upon multiple games.
If you are interested in live betting on college basketball we recommend that you bet on the moneyline, spread, and/or the total scores.
The Best Sportsbooks For College Basketball Futures Odds
Nowadays there are plenty of online sportsbooks to choose from. Within this crowded space are a few great ones, which is why we put together a shortlist of the best sportsbooks for college basketball betting.
If you are looking for our top pick, look no further than BetOnline. BetOnline is a complete sportsbook offering competitive odds on college basketball futures and more. Additionally, there are other sports to bet on, including the NBA.
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