College Basketball Futures Odds Explained 2023 – Guide How to Win NCAA Basketball Futures Bets

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.

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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.

Team BetOnline XBet MyBookie BetUS Bovada Sportsbetting.ag
Gonzaga +700 +890 +890 +850 +800 +700
North Carolina +750 +1050 +1050 +850 +1000 +750
Houston +1100 +950 +950 +1000 +850 +1100
Kansas +1400 +1225 +1225 +1200 +1400 +1400
Kentucky +1400 +1100 +1100 +1200 +1200 +1400
UCLA +1400 +1500 +1500 +1400 +1600 +1400
Baylor +1600 +1675 +1675 +1600 +1400 +1600
Duke +1600 +1275 +1275 +1400 +1400 +1600
Arkansas +1600 +1400 +1400 +1400 +1400 +1600
Creighton +1800 +2400 +2400 +2000 +2200 +1800
Arizona +1850 +1850 +1850  +1850 +2000 +2000

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 NCAA 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.

Team Odds to Win the National Championship
Gonzaga +700
North Carolina +800

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

How do I read college basketball futures odds?

How does a sportsbook determine a college basketball futures price?

Can you put college basketball futures bets in parlays?

What if the price changes after placing a college basketball futures bet?

What are the most popular college basketball futures bets?

Odds to win the NCAA basketball tournament are the implied odds for each team to win the national championship, which is won at the end of the year NCAA tournament.[/10]

How to Place a NCAA 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.BetOnline Join Now
  • 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.BetOnline Deposit
  • Step 3: Now that your account has funds you can visit the sportsbook and select your NCAA basketball futures bet of choice.NCAA basketball futures odds
  • 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.
    BetOnline bet slip
  • 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.College basketball futures BetOnline

Latest College Basketball News and Rumors

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 NCAAB 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 NCAAB 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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