College Basketball National Championship
San Diego State
Betting on college basketball futures can be an exciting way to bet on sports. Some bettors may even be drawn to futures betting because of its potentially high payouts.
For newbie bettors and even experienced ones who want to venture into futures betting, some of the challenges they may face include reading futures odds and knowing what events they can bet on and how they can place their bets.
MaximBet.com provides a guide to address these challenges so that bettors can be more confident in placing bets on futures odds. As a regulated and legally operating sportsbook, we are committed to providing you with the best value for your bets.
What Are College Basketball Futures?
Futures are bets you place on the outcomes of sporting events that are still a long way ahead of time. In college basketball futures, these events usually pertain to tournament or championship odds that occur after the regular season.
The NCAA tournament championship is one example of an event where you can bet on college basketball futures.
Oddsmakers usually set NCAAB futures before the regular season starts and the match schedules are published.
Once these futures odds are posted, you can bet on college basketball futures throughout the regular season and during the March Madness Tournament until a team is declared the national champion.
Like many futures bets, the NCAA futures odds for all teams fluctuate as the season progresses. So despite the fun and excitement college basketball futures bring to sports betting, it helps to be aware of this fact so you can plan your bets properly.
A variety of factors can influence oddsmakers to adjust the NCAA basketball futures they set as the season goes by. These factors include the latest game results, roster changes, injuries, and other elements that may impact betting odds.
However, your payout will still depend on futures odds, even if the oddsmakers change these odds.
Suppose you bet on the Colorado Buffaloes during the preseason to win the NCAA Basketball Championship with odds at +12500. The oddsmaker later changes it to +8000.
If the Buffaloes win, you still get a payout based on the +12500 odds you bet on, not the +8000 odds.
Reading the College Basketball Futures Market
To read college basketball futures bets, especially the NCAA Basketball Championship futures, you need to know how to read basic odds, like moneylines or American odds.
Take the table below as an example:
|College Basketball Teams to Win 2022 NCAAB Championship|
|Duke Blue Devils||+1200|
|Alabama Crimson Tide||+1400|
|Illinois Fighting Illini||+1600|
|Florida State Seminoles||+1800|
The table shows that the Gonzaga Bulldogs have a +600 odds to win the NCAAB Championship in 2022. This means that if you place a $100 bet on them and they win, you will receive $600 on top of the $100 you staked. With this bet, you can get a total payout of $700.
The Bulldogs’ odds are lower compared to the other teams in the list, indicating that the Bulldogs are the most favored team.
In comparison, the Florida State Seminoles have the highest odds at +1800, meaning they are the longshots or the least favored team.
Because the Seminoles have the highest odds, the payout is also higher. In their case, a $100 bet on them will give you a $1,800 profit if they win the championship.
How to Bet on College Basketball Futures
Oddsmakers can start setting college basketball futures bets as early as the preseason.
This means that even though March Madness is still a long way off on your sports betting calendar, you can already place your bets even before the regular season starts.
The NCAA March Madness tournament usually lasts for three weeks, starting with the First Four matches in the first week until the Final Four in the final week. The tournament concludes with a championship game on the last day.
Bettors placing futures bets on the championship game will have the entire preseason, regular season, and the whole three weeks of March Madness to bet on their chosen teams.
Futures odds can frequently change during that period, and bettors can place their bets any time.
Additionally, many oddsmakers post the next season’s college basketball futures in March or April, after the previous season.
Around May or June, the betting market comes alive. This period is when some of the top players waive their eligibility as college basketball players and move up to the pros by joining the NBA Draft.
Some bettors start predicting the players who will leave and return. For oddsmakers, this also becomes an opportunity to update the futures odds of college basketball.
When betting through an online sportsbook, the steps to place bets on college basketball futures may just have a few differences from professional basketball futures betting.
However, the procedure generally goes like this:
- Register and create a MaximBet.com account.
- Fund your account. This will be the money you’ll use to place bets.
- Go to the list of sports or sports leagues and choose NCAA or college basketball.
- Go to “futures” and select the betting type of your choice.
- Place the amount you want to stake and confirm your betting ticket.
If you find interesting futures odds to bet on, head over to MaximBet.com to start staking. Aside from college basketball, we also allow you to bet on other sports leagues such as the NFL, MLB, NHL, and NBA.
College Basketball Futures Opening Line
The opening line of college basketball futures is the initial set of odds placed by oddsmakers before the regular season starts.
Some sportsbooks post the opening lines in the futures odds table so that bettors can compare the original odds with the current futures. Bettors can also see which teams have the biggest changes to their odds.
The table below shows the opening lines for the 2022 NCAAB National Championship:
|Ohio State Buckeyes||+1600|
|Virginia Tech Hokies||+2500|
|West Virginia Mountaineers||+2500|
|Michigan State Spartans||+3000|
|Oklahoma State Cowboys||+5000|
|Oregon State Beavers||+5000|
|San Diego State Aztecs||+6000|
|St. Bonaventure Bonnies||+6000|
|Texas A&M Aggies||+6000|
|Rutgers Scarlet Knights||+6600|
|Seton Hall Pirates||+6600|
|Marquette Golden Eagles||+7000|
|Loyola (MD) Greyhounds||+10000|
|NC State Wolfpack||+10000|
|St. John’s Red Storm||+20000|
|Colorado State Rams||+25000|
|Notre Dame Fighting Irish||+25000|
|Arizona State Sun Devils||+30000|
|Minnesota Golden Gophers||+30000|
|Boise State Broncos||+35000|
|Miami (FL) Hurricanes||+35000|
|Nevada Wolf Pack||+50000|
|Iowa State Cyclones||+65000|
|Utah State Aggies||+75000|
|Penn State Nittany Lions||+100000|
|Boston College Eagles||+150000|
|Wake Forest Demon Deacons||+150000|
As the next college basketball season progresses, the futures odds for each team may change. This means the opening odds can vastly differ from the final odds.
College Basketball Player Awards Betting
Other NCAAB futures bets include the Naismith College Basketball Player of the Year and the NCAA Most Outstanding Player awards.
Naismith College Basketball Player of the Year
From 1969 to 2021, the Duke Blue Devils produced more Naismith winners than other teams, followed by the UCLA Bruins, the North Carolina Tar Heels, and the Virginia Cavaliers.
Aside from the information on the team, the player’s year level and position may also come into play when betting. Most Naismith Player of Year Award winners were seniors, and forwards won more times than guards or centers.
NCAA Basketball Tournament Most Outstanding Player
If you prefer to place your bets on the Final Four matches of the NCAA basketball tournament, consider betting on the Most Outstanding Player futures also.
Generally, the MOP is awarded to a player who belongs to the championship team. However, in the award’s history from 1939 to 2021, 12 MOP winners were not part of the championship team.
When betting on MOP futures, take note of these factors when deciding which player to bet on.
College Basketball National Championship Betting
Before the regular season starts, oddsmakers start offering college basketball futures for almost every team that will play throughout the season.
However, when the March Madness championships come up, only a handful of teams will be left since the rest will be eliminated in the earlier rounds.
For bettors, the significant risk to their stake will be if the team they picked gets eliminated early on. Meanwhile, the remaining teams’ odds may increase as the teams’ chances of winning also increase.
This situation also means that the longer you wait before you place your bets, the lower the teams’ odds may become.
Suppose the Gonzaga Bulldogs have preseason odds of +900, and you bet $100 on them. In that case, if they win the championship, you can win a payout of $1,000 ($900 profit plus $100, which is the initial stake).
If you wait a few weeks longer, the Bulldogs’ odds might lower to +600. If you start betting by then and they win, you will only receive a $600 profit.
Plan your bets carefully. Review each team’s stats (or player’s stats if you are betting on player-specific futures), and your chances of winning bets and larger payouts may increase.
As you make your betting plans, also remember to bet responsibly. MaximBet.com strives to promote responsible gambling. For questions on how to prevent gambling problems, chat with us through our 24/7 customer service.
NCAAB Conference Tournament Betting
Aside from player futures and the March Madness tournaments, you can also bet on conference tournament futures.
In the 2020-2021 season, there were 32 NCAA Division I conferences. Among them, the Power 6 conferences were:
- Atlantic Coast Conference (ACC)
- Big 12
- Big East
- Big 10
- Southeastern Conference (SEC)
College Basketball Futures FAQs
Where can I place bets on college basketball futures?
In general, almost any popular sportsbook or betting site accepts bets on college basketball futures. MaximBet.com is dedicated to giving you the best value for your stake while providing you with an enjoyable betting experience.
What other bets can I place on college basketball?
Aside from futures, other bet types include moneylines, spreads, totals, prop bets, and bracket bets.
While moneylines, spreads, totals, and props are quite common, bracket bets are unique to sporting events that use bracketing to create matchups.
In bracket betting, you pick the teams you believe will win in every tournament matchup. You do this before the first game starts.
Unlike in a parlay, where you must win every bet, in a bracket bet, there is still a chance to get a payout even if you lose one bet.
Register with MaximBet.com now to start placing college basketball futures bets. Make an initial deposit to earn raffle tickets and get a chance to win big prizes.