Best College Basketball Betting Sites

College basketball is one of the most exciting sports with March Madness being one of the most-bet events in the country. The sport is chaotic, unpredictable, and dramatic in all the best ways. Now, you want to bet on college basketball. What are the best NCAA basketball betting sites? Here’s a guide to the best college basketball betting sites.

Top Online Betting Sites

There are many things to consider when betting on NCAA basketball. The top sportsbooks have different features, offers, bet offerings, and more. Here are a few of the top sportsbooks for NCAAB betting.

DraftKings

DraftKings is a great sports betting option with plenty of betting options and an easy user interface. It’s a solid option for college basketball bettors.

Promotions in the past at DraftKings have included offers such as bet $5 and win $150. These types of offers are a reason to consider it as a top college basketball betting site. New users can place a $5 pre-game moneyline wager and win $150 in bonus bets if their bet wins.

BetMGM

BetMGM is one of the major players in the sports betting industry and one of the best online sportsbooks. You’ll find BetMGM has live betting, competitive odds, a smooth interface, and more when betting on your favorite college basketball teams.

The sportsbook has offered promotions and bonuses in the past such as First Bet Offers of up to $1,000. The sportsbook will cover your first bet up to the maximum if it loses.

Caesars

Caesars has a tremendous rewards program, solid betting odds, and a strong sports betting app for users. In the rewards program, you can earn points for placing bets on the platform. These can be redeemed for rewards and bonuses.

The sportsbook has had great offers such as the ability to get a first bet on Caesars. Your first bet is covered up to a certain amount if it loses.

FanDuel

FanDuel Sportsbook is one of the best sportsbooks on the market and is known for live betting. It has also made the same-game parlay famous across the entire industry causing more sportsbooks to follow in its footsteps. Sports bettors can combine multiple picks into one bet on the same game for a chance to win big.

Like others, the sportsbook runs promotions and offers bonuses throughout the year to the betting public. These have included bonuses such as a “No Sweat First Bet.” Your first bet at FanDuel Sportsbook is covered if it loses up to a certain amount.

ESPN BET

ESPN BET Sportsbook is set to launch in the fall of 2023 and comes from one of the most recognizable brands in the sports industry, ESPN. We will update you when an ESPN BET bonus code becomes available.

PointsBet

The PointsBet Sportsbook has made a name for itself with some unique betting options that separate the book from its competition. Users can participate in what is called “Points Betting.” You can earn more money than the traditional -110 college basketball odds on point spread bets.

How We Rate College Basketball Betting Sites

What makes a great college basketball betting site? There are several things you need to consider when checking out a sports betting site.

Banking Options

The best and most reliable online betting services accept real-world money and provide various safe and popular payment methods for bettors to fund their sportsbook accounts easily. 

Bettors can use credit and debit cards like American Express, Discover, MasterCard, and Visa, as well as e-wallets like Skrill, Neteller, and PayPal, to fund their accounts at reputable online sportsbooks. While wire transfers and ACH are also available, they are not as common.

Quick and efficient transfer of profits from sportsbook accounts to real-world bank accounts is vital for online sports betting. Typically, customers can withdraw winnings in the same way they deposited money into their accounts.

Bettors appreciate the simplicity and convenience of this. Each sportsbook’s website will provide information on transaction completion times and associated fees for different payment methods.

Customer Service

Most sportsbooks have moved to have 24/7 customer support to offer the best experience for sports bettors. You want to use a sportsbook that has solid customer support to help with any questions or issues that arise.

College Basketball Betting Options

There are several different ways sportsbooks reward new customers and bettors. Here are a few of the promotions, offers, bonuses, and more you’ll see from top sportsbooks.

Sign Up Offers

Sportsbooks have several different offers and bonuses to attract new users. You can compare sportsbooks to find the best offers to claim when registering for an account. Here are a few of the options you’ll see betting sites offer.

Offers for Major Tournaments

During significant basketball tournaments like the NCAA March Madness or Emerald Coast Classic, betting companies might offer signup deals and bonuses to entice new customers.

For instance, customers may get better odds on certain teams to win the tournament or on specific players to score a specific number of points throughout the event. These deals are advantageous because you can place bets before the event begins and then focus on other markets while the tournament is ongoing. You can benefit from these offers to maximize your bets.

Deposit Match Bonuses

When signing up for online betting sites, deposit-match bonuses are a common signup bonus. This bonus works by matching the amount of your initial deposit with bonus money. For instance, if you deposit $100, the betting site may provide two or three times that amount in bonus funds for you to use for betting.

It’s important to note that there is usually a limit on the amount of bonus money you can receive from the betting company. Additionally, the bonus money often comes with rollover requirements. Deposit-match bonuses are great because they allow you to bet with more money than you initially deposited into your account.

Second Chance Bets or Bet Insurance

You will see sportsbooks refer to this type of bet as a No Sweat First Bet, Second Chance Bet, First Bet Insurance, and more. Essentially, each term means the same thing. Your first bet is covered if you lose. You’ll receive betting credit to cover the loss.

Betting sites typically use these types of bets to attract new customers. Bet insurance allows you to keep playing even if your first wager loses. This is advantageous because it allows you to bet on a wide range of college basketball games, such as Baylor versus Gonzaga or Villanova versus Iowa.

Bonus Bets

When it comes to college basketball betting sites, bonus bets are another simple-to-understand promotion that is often included in promotions for registering.

Most of the time, sportsbooks will give you bonus bets without even having to deposit any of your own money. Bonus bets allow you to make riskier wagers since you are not at risk of losing your money if your bet fails to win.

Always keep in mind that bonus bets may only be valid on certain markets or events in some cases, but for the most part, you’ll be able to spend them on any market you want, subject to certain minimum odds requirements.

Odds Boosts

Betting companies don’t use odds boosts offers as often as other promotions such as bonus bets or deposit bonuses. However, they are just as valuable for increasing profits.

Enhanced odds occur when betting sites raise the odds of a specific market or selection. They’re valuable because they allow you to receive much better odds on a line than you previously received. This means you get more value from your wagers.

Live Betting in College Basketball

Most college basketball betting sites offer live betting. In-play betting is taking off and is extremely popular during the NCAA Tournament. Sports bettors can watch the college basketball betting lines shift throughout the game as they watch and try to predict what will happen next.

College Basketball Betting Offers

College basketball bettors are always looking for attractive bonuses and incentives from sportsbooks to enhance their betting experience. Sportsbooks offer a range of perks and rewards to attract and retain customers.

Most betting sites offer welcome bonuses for new customers, usually in the form of matching a fraction or percentage of their initial deposit. However, these bonuses have limits and come with various terms and conditions that may be limiting for some users.

For example, a sportsbook may offer a 100% welcome bonus up to a maximum of $200 on a player’s first deposit. If a player deposits $150, the sportsbook will give them an additional $150 to use as betting funds, giving them a total of $300 to wager.

In addition to these welcome bonuses, sportsbooks often provide promotional codes that offer additional bonuses and benefits to their customers. It’s always a good idea to check a sportsbook’s website for promo codes before placing a bet to take full advantage of any available offers.

Legal College Basketball Betting Sites

In 2022, many people are using college basketball betting sites on the Internet, but some are falling for scams and frauds. This makes bettors worry about the safety and legality of these sites. Some betting sites are legitimate and have official licenses. However, not all states permit sports betting, and the laws can be complex.

Some states are considering legalizing sports betting, but only a few states currently allow it. You can check your local government website to see if sports betting is legal in your state. Even if it is legal, not all states allow online sports betting, and there may be restrictions. Some states only allow online sports betting within physical betting facilities.

How to Bet on College Basketball Sites

There are plenty of options for online college basketball betting. The top NCAAB betting sites will have a solid list of bet types and markets to choose from. Here are a few of the types of college basketball bets you’ll see when betting online.

Moneylines

A moneyline bet is a wager on which team will win the game straight up. You’re betting on the winner. Favorites are usually listed with negative odds while an underdog will have positive odds.

For example, Kansas State might be a -150 favorite vs Tennessee. This means it would take a $150 bet on Kansas State to win $100 if they were to win the game.

On the other side, Tennessee is a +170 underdog. A bet on the Volunteers would pay out 1.7 to 1. You would win $170 if you bet $100 on Tennessee.

Point spreads

When you make a point spread bet, you’re betting on the margin of victory or defeat. Each team is given a point value to balance the odds. Point spreads allow you to bet on either team, even if one is heavily favored to win.

For instance, if USC is a -3.5 point favorite against UCLA, they must win by at least four points to cover the spread. UCLA would be a +3.5 underdog, and you’d need them to lose by five points or less to win your bet.

The point spread betting odds for college basketball are usually -110 for both teams. This means that a $110 bet wins $100. Point spreads are the most common type of bet on NCAA basketball games.

Totals

When you make a total bet, it’s also known as an over/under bet. You’re betting on the total number of points that both teams will score in the game. The sportsbook will set a line on how many points they think will be scored.

For example, if Miami is playing Duke and the total is set at 135.5, you can bet on the over or under. If you bet on the over, you need a total of at least 136 points scored in the game to win the bet. If the game ends 80-70, you would win the bet since 150 points were scored.

Like point spreads, totals usually have odds around -110 for both sides, meaning that a $110 bet would win $100.

Props

A prop bet is a wager on a specific outcome within a game. Keep in mind, the outcome is not necessarily tied to the final result. Some people find these bets more enjoyable. Sportsbooks offer props on different outcomes for players, teams, and games.

You can bet on a variety of outcomes such as which player will score the most points, who will have the most rebounds, which team will reach 15 points first, and more.

Many props are a total or over/under bet. For instance, a player’s total points for the game might be set at 13.5. You can bet whether they’ll score over or under 13.5 points.

Futures

A futures bet is a wager on an event taking place down the road. For college basketball, you can bet on which team will win the National Championship at any point throughout the year.

The odds are constantly changing based on what is happening during the season. Another common futures bet is betting on a team to reach the Final Four.

Best Time to Bet on College Basketball Games

When betting on college basketball games, the best time to do it is when you think you’re getting the most value for your money. It’s a good idea to experiment with different strategies to see what works best for you. Some people like to bet right after the odds are posted, taking advantage of the original odds before the bookmakers adjust the lines.

Others prefer to wait for the lineups to be announced online, giving them a better understanding of each team’s strengths and weaknesses. Live betting is another option that allows you to watch the game and place bets in real time, giving you a better sense of what’s going on. The key is to find what works best for you and stick with it.

What College Basketball Events to Bet On

There are what feels like an infinite amount of college basketball wagers. When it comes to betting on the sport, there are over 350 NCAA Division 1 men’s basketball teams. This leads to a lot of games having odds listed on online sports betting sites.

There is the regular season, in-season tournaments, conference tournaments, and the Big Dance. Get familiar with online college basketball betting sites to help you better understand what games and odds are being offered.

Compare different sportsbooks so you can find the best college basketball odds and lines. Some sportsbooks will have more bets and games than others. This is why it’s important to research the sportsbooks you plan to use. This will help you find the basketball betting site that offers the best options for you.

Benefits of Betting on College Basketball Online

There are many benefits to betting on college basketball. The exciting rivalries, tournaments, and upsets make it one of the more popular betting options. March Madness is one of the biggest betting times of the year. Here are a few more benefits of betting online.

Convenience

If you have a mobile device, you can place bets on sports. With the large list of apps available, you can easily bet right from home. There is no need to visit a retail location. You can watch games and bet right from your couch.

Live Streaming

Some sportsbooks provide live streaming of games. You can keep track of the action will you place pre-game or live bets.

Promotions and Offers

All sportsbooks usually have solid promotions and offers to entice users to signup. With mobile betting, you can claim multiple offers and bonuses across different sportsbooks. This is a nice way to start off your sports betting.

Compare Odds and Lines

With access to multiple sportsbooks online, you can compare odds and lines. They are not uniform across the board. If you research, you might be able to find some value where the sportsbooks are different.

For example, a sportsbook might have Kansas as a -125 moneyline favorite. A different sportsbook could have it listed as -115. The -115 is a better bet and will payout more.

Wrap-Up: Best College Basketball Betting Sites

There is a lot to consider when looking for a college basketball betting site. NCAA basketball bettors should stick to using trusted and legal sportsbooks. These are regulated and have to follow strict guidelines. If you have any questions, contact customer support at your preferred sportsbook.

Do your research beforehand to find the best college basketball betting apps. You can check out the sportsbooks and compare odds or lines before placing any bets. There is no rush. Develop a strategy and figure out how you’d like to attack the best NCAAB betting sites.

Best College Basketball Betting Sites FAQs

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