A Brief Overview of This College Basketball Betting Landscape
Continuing our series of how-to gambling articles, let us now take a look at college basketball, among the most popular sports in the usa. Together with NCAA regular season games in full swing, what better time is there to learn about the ins and outs of college basketball betting?
Though the majority of gambling action comes from the springtime when summit tourneys give way to the Big Dance, there’s still an entire season of matches to choose from from November to March. Honing your betting knowledge during the regular season will no doubt give you a leg up going into tournament time once the stakes are higher, the plot thickens, and the pot sweetens. Each year as spring approaches, bettors and fans alike find themselves absorbed by the hype that is March Madness. Of all the sports events in the usa, none need more energy, further investigation, and more focus compared to the NCAA Tournament.
From workplace pools to ESPN Bracketology, there is no shortage of avenues for individuals to get in on the action. In reality, it is estimated that advertisers spend more than $1.15 Billion each year around the near-month long occasion. And, based on an yearly report issued by Challenger, Gray & Christmas, companies incur an estimated reduction of $1.9 Billion each year because of employees being”distracted and unproductive” during the tourney.
Then there’s the gambling side of matters. Easily thought of as among the biggest sports gambling events in the world, that the NCAA Tournament offers people various opportunities to put wagers–67 matches to be exact. The outcome? Over 70 million mounts are filled out annually –producing an average of $9 Billion in bets, with only $240 million of that moving legally to Nevada sportsbooks.
That being said, let’s take a look at different sorts. These are the same, as you might expect. Nonetheless, we’ll go over these and, similar to previous how-to content, we’ll discuss some vital numbers and statistics to consider when setting your bets.