|Updated: Sun, Apr 25 06:02 PM EDT|
The VegasInsider.com College Basketball Las Vegas Odds is one of the most popular betting resources for bettors that wager on NCAA Men’s basketball action throughout the season, which begins in early November and concludes in the first week of April.
How to read College Basketball Las Vegas Odds
Whether you’re a novice, advanced or professional bettor, the College Basketball Las Vegas Odds is simple for all individuals looking for some action on the hardwood. The most popular betting market in college hoops focuses on point-spread wager or side wagers.
The spread was developed to provide a balance for both teams involved in a matchup, hoping to have bettors wager on the weaker to team that was receiving points and that team is labeled as the underdog. The team giving or laying the points is the favorite.
The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.
Ex. Favorite -10, Underdog +10
On the VegasInsider.com odds page, there is another number associated with the favorite and its listed as -10. This number is simply defined as “vig” or what many in the sports betting industry call vigorish. Another common term is called “juice” and it’s technically the price the bettor has to pay on a straight wager.
Ex. Bet $110 to win $100 (10% juice)
Ex. Bet $100 to win $91.91 (10% juice)
It’s not uncommon to see other values posted other than -10.
Examples seen on the College Basketball Vegas Odds pages could include -15 and -20. The added or extra ‘juice’ on a point-spread is determined by the sportsbook or operator. Many bettors shy away from books that lay on the juice because it takes away from your winnings.
Ex. Bet $100 to $83.33 ($20% juice)
Ex. Bet $100 to win $86.95 (15% juice)
The lower-juice sportsbooks are normally found outside of the state Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make College Basketball bets.
Another number that’s posted on the College Basketball Las Vegas is the total or ‘over/under’ for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa (below) if the visitors are favorites.
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The College Basketball Las Vegas Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Date and the Time of the game, which is subject to change. All game times are Eastern Standard Time.
College Basketball Open Line
One of the best features on the College Basketball Vegas Odds is the Opening Line or the Open Line. This numbers consists of the first betting line received from our Las Vegas or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use on the college basketball matchup. It’s a very smart idea to see where the line originates and even smarter to follow the moves.
The Opening Line on the College Basketball Las Vegas Odds is a must-stop resources for the 2021 NCAA Tournament, which begins on Thursday March 18. Prior to the “First Four” action in the tournament, “Selection Sunday” takes place four days earlier and after the field of 68 is announced, the oddsmakers start populating betting odds on the opening matchups.
It’s often been said that savvy bettors have an advantage over the oddsmakers in college basketball because the sample size (number of schools) is next to impossible to follow. Our 2021 March Madness Central betting resources are here to help you get more acquainted with the NCAA Tournament.
VI Consensus College Basketball Line
The VegasInsider.com Consensus College Basketball Line is just as important as the Open Line and also a key resource on odds platform. The Consensus column could simply be called a “Median Line” since it shows the most consistent number provided by the sportsbooks on VegasInsider.com. The consensus line will be the same as the open line but once the wagers start coming in, this number is often different than the openers.
The Las Vegas College Basketball Odds consensus lines uses up to 20 sportsbooks and operators in the state of Nevada.
The most popular and respected Las Vegas College Basketball Odds include:
- Westgate Las Vegas SuperBook
- William Hill
- Wynn Las Vegas
While many bettors like to shop for numbers, which is a great technique, not everybody always gets the best line. Therefore, the consensus open and eventually closing line is a great way to measure your skills as a bettor or handicapper.