Basics on Reading College Basketball Odds—Lines, Spread and Totals

College basketball offers sports bettors a wealth of games on which they can wager. During the season, you’ll find a long list of odds from the top books posted on Maddux Sports’ college basketball lines page. Of course, it’s essential that as a bettor you understand how to read these betting odds. In this article, you’ll learn all that you need to know regarding how to understand NCAA Basketball odds, including the point spread, over/under and moneyline.

The elements we’ll be looking at are often referred to by different names. The point spread is often called the spread or the line. The over/under bet is also known as the total. And the all important rotation number, which is used to identify each team that is playing, can be called the number or the rotation mark. By the way, sometimes people will lump all odds together by calling them lines or they may be referring to the spread when they ask, “What’s the line on the Duke game?” Many terms, over the years, have become interchangeable.

The good news is that although terminology may be laced with slang and some inconsistencies, when you look at college basketball lines posted online they all have the same elements and they all look pretty much the same. The primary difference is some books will list the teams for one game side-by-side and another will have one team on top of another. The main thing to remember is that the visiting club is always listed first.

The word line, in the language of a sportsbook, can refer to either the odds and/or a point spread in any sports contest. Let’s take a look at an imaginary line the way you’d read it off the board sitting in a Vegas sports betting lounge or on the screen at your online book. Feb 03, 2021 Betting odds represent the probability of an event to happen and therefore enable you to work out how much money you will win if your bet wins. As an example, with odds of +400, for every $1 you bet, you will win $4. There is a 20% chance of this happening. Learn more about sports betting. Understanding how to read odds is a crucial step to becoming a successful sports bettor.

Starting from the left, the first things you’ll see will be the date and time of the game and right after that will be the rotation number and the team names. The point of the number is to create order and ease in making a bet. The numbers are listed in sequence and they are consistent from book to book.

As an example if Duke is playing at North Carolina and the Blue Devils have a rotation number of 901, then the Tar Heels, who are the home team and listed second, will be 902. In the next games listed, the visiting team would be 903 and the home club 904 and so the sequencing continues.

Because every sportsbook uses the same numbers, it makes it easy for the bettor to locate the game and the odds at different sites and it provides a shorthand by which bettors can make their wagers over the phone or at a land-based book. To avoid confusion when betting, you don’t mention the name of the team but rather the rotation number.

Reading Sports Odds

These initial parts of the line, which are used to identify the game which is being bet, read from left to right—date and time of game, rotation numbers and team names. All elements to the right of this information relate to the college basketball odds for that specific game. This is where you will find the point spread, moneyline and over/under.

The reason the point spread exists is to make it more difficult for sports bettors to pick a winner. In college basketball odds, as in college football, some spreads can be huge. How big might they be? If a team such as Duke or North Carolina, both of which a powerhouses, plays a club such as Idaho State from the much weaker Big Sky Conference the spread could be 40 points or more. Without the spread, it would be much too easy to pick the winner. With the spread in place, bookies hope to even out the bets between the two teams.

This is how the point spread works. The team that is favored is listed with a minus or negative sign and a number, while the underdog is listed with a plus or positive sign and a number. The favorite has points taken away and the dog is given points. In our game where Duke is visiting North Carolina, the spread would be relatively tight since both clubs are national contenders. Duke, because they are visiting, might be listed at +2.5, which means North Carolina would be -2.5.

If you wager on the Blue Devils and they win outright or lose by less than three points, then you win. Bet on the Tar Heels and if they win by three or more points, you win. Often the point spread is listed with a ½ point faction or decimal, which ensures no matter what the score the game cannot end in a tie. If the spread is a whole number, then the contest could end in a tie and that would result in a push. A push means that all bets are off and all cash is returned to the bettors. If the spread was 2 in the Duke/North Carolina game and the final score was Duke (+2) 88 and North Carolina (-2) 90, it would be a tie and a push.

The other number you’ll see associated with the spread is the stake—how much you have to bet to realize a profit of $100. The most common stake you’ll see is listed as -110. This means that you must wager $110 to win $100. Note that the payout on a spread wager is not even money (1:1), as some will say. If it were, you would wager $110 to win $110. The odds are a bit less than even, standing at 0.90:1.00. That’s 10% less than even. Where does that 10% of your payout go? It’s taken by the book as part of their commission, which is also called vigorish or vig.

Next, to the right of the point spread, is the moneyline. Note: some books may list the moneyline separately under a moneyline tab. But often the line is part of the odds listing. This type of bet is quite different from the spread due to the fact that no points are given or taken away and the basketball team that wins outright is the one that pays off. The way the books even the playing field is they charge more for you to wager on the favorite while offering a smaller payout and charge less to bet on the dog while providing a bigger payout.

Using the Duke and North Carolina matchup, the moneyline would have the dog Blue Devils at +120 and the favorite Tar Heels at -140. This moneyline is directly connected to the spread of 2.5. With the moneyline, a club that’s posted on the plus side shows how much you’ll win when wagering $100 and when a team is listed in the negative that tells you how much you must bet to win $100. In our example, you would wager $100 on Duke (+120) to win $120 and $140 on North Carolina (-140) to win $100.
Below is a list of the corresponding point spreads as they relate to the moneyline, ranging from -2 to -10.

With college basketball odds the last number you will see, which is posted to the right, is the over/under. As it is with the spread, they may not be expressed as a whole number. The over/under represents the total number of points that may be scored in the game. Your wager is either on the over or the under.

In the Duke/North Carolina contest, the total would be around 152.5. If the sum of the points scored by both teams is 153 or higher, the over wins and if it is 152 or lower, then the under wins. As it is with the point spread, this number comes from handicappers working on and assessing matchups, stats, coaches and player performance.

Once odds are posted for a game, sports bettors need to decide quickly, based on research, which bets they are going to take. Early college basketball odds tend to be soft and offer more leeway than adjusted odds, which get tighter as game time gets closer. The elements discussed in this article are all common in NCAA Basketball odds listings. Know how to read each part in order to make smart and timely bets.

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Learning how sports betting odds work can be intimidating at first, but our guide will teach you how to read odds in no time! This primer is designed for beginners who are curious about common wagering practices and terms.

Learn to Bet on Sports & Gamble Online & Offline

For starters, you will need somewhere to place bets. If you are in Vegas, great! You can bet at one of the sportsbooks in their casinos. As more and more states pass laws to legalize sports betting, you will also be able to place wagers at local casinos in your area. You could also find a local bookie to bet through, but we recommend betting online.

How Online Betting Works

We have an excellent list of the top places to bet online (that take U.S. customers). If you are looking to maximize your first deposit, we also have a great comparison of the best sportsbooks signup bonuses for you. Once you’ve read the primer below on reading the odds, you will have no problem navigating these sites.

Las Vegas Sports Betting at the Ticket Window

Betting sports in Vegas is likely going to be the option with the biggest learning curve. You will understand the odds after reading this article, but there are a few other rules and common practices you want to be familiar with that are specific to Vegas.

Many books now offer their own betting apps that make this process a little bit easier, however, the drawbacks are that you must make a deposit upfront for how much you want to bet with, plus you don’t get free drink tickets when you place bets on the app. We’ll step through how you would place a bet in person at the ticket window.

Step-by-Step Guide to Placing Sports Wagers in Vegas

“I’ll take number 403, Cowboys -8, for $110 straight up.”

1. Use the rotation number/numbers and the name of the team/teams you want to bet on. The rotation number appears to the left of each team (see image above) and is used as a unique identifier so that there is no confusion about what you want.
2. State the amount you would like to bet. This is how much you are wagering, not how much you want to win. Most books use -110 odds (more on this later), so if you want to win $100, you’d state $110 as your wager amount.
3. Indicate the type of bet you are placing. For individual bets, just say “straight” or “straight up”, otherwise you will need to explain that you are taking a parlay or some other bet type.
4. Repeat as necessary.

How to Read Sports Betting Lines

There are nearly infinite ways to bet sports. If you can think of something to bet on, there is a good chance you can find somewhere to bet on it. What we are going to focus on is the most common types of wagers: point spreads, over/unders (totals), and money lines.

What Does the Plus (+) and Minus (-) Mean in Sports Betting?

One of the first and most important aspects of sports betting every new player must learn is what the different symbols mean. A plus or a minus can mean different things in different situations. They are used for both point spread and money line betting, as well as for the price/juice of each bet.

Covers

This is explained in more detail below, but the most important thing to be aware of is that negative numbers represent favorites, while positive numbers represent underdogs. The same is true whether you are looking at a spread or a moneyline, but how these numbers are used is very different. You also need to know that prices on spreads/totals do not impact who/what is favored, it is used to determine how much the bet pays out. Read on for the complete explanation of each of these concepts.

Point Spreads Explained

The point spread is the projected number of points that separate two teams. A game with a spread will have a favorite (the team expected to win) and an underdog (the team expected to lose). A favorite “gives” points and is identified with a minus sign next to their point spread. The underdog “gets” points and is identified with a plus sign next to their point spread.

In the example above, the point spread is 7 points. Patriots are favored by 7 points against the Jets.

If you bet on the Jets +7, they must either win the game outright or lose by 6 points or less. If they lose by exactly 7 points, the bet is considered a push and is canceled.

If you bet on the Patriots -7, they must win the game outright by more than 7 points. If they win by exactly 7 points, it’s a push.

Bet Prices: What Does -110 Mean? If I Bet $100, What do I Win?

The 3-digit numbers to the far right are the listed prices for these bets. This is also called the odds, vig, or juice. An easy way to think of it is the amount you must risk to win $100 on this wager. In our example, -110 means you must risk $110 if you want to win $100. -110 is pretty standard, but you will find different options. We will cover those in more depth when we talk about money lines. The price of the bet has no impact on which team is favored. Only the plus or minus on the point spread matters. This is handled differently when you bet strictly on the moneyline.

What is the Money Line? (How Moneyline Betting Works)

A moneyline bet is on a team to win the game outright (without a point spread) at an adjusted cost. Just like with point spread betting, the favorite will have negative odds, while the underdog will have positive odds. The difference here is in the price or payout depending on which team you take.

A favorite (e.g. Patriots -280) on the money line works just like our bet price example above. In our new example, the Patriots are listed at -280, meaning you would need to risk $280 for a return of $100 on them. It follows that a winning bet on the Pats pays $100 (plus your initial investment of $280 back). This added risk is why betting the spread is usually more popular, especially on favorites.

Underdogs (e.g. Jets +240) work a bit differently. Instead showing how much you need to risk to win $100, this line tells you how much you stand to win on a $100 wager. That means if you bet $100 on the Jets, and they win, you would win $240. If the Jets lose, you are only out your original $100 wager.

Totals: What Over/Under Means in Sports Betting

The terms “total” and “over/under” are synonymous when placing wagers. This type of bet is on the sum of the points scored by both teams in a game. The bookie sets the number for the total, then you predict whether they will score more or less points than the set number.

The over/under in this example has been set at 42.5. If you project the Jets and Patriots to combine to score more than 42.5 points, you would place a wager on the over. If you think they will score less than 42.5 points, you would bet the under. Let’s say the final score of this game is Patriots 27, Jets 24. Which bet would lose and which bet would win? The sum of all points scored is 27 + 24 = 51, so an over bet wins and an under bet loses.

You may also note the bet price is not -110 like we have seen before. It is common practice by sportsbooks to adjust prices on or around key numbers for spreads and totals, especially in football.

Understanding Sports Betting

We hope this short beginner’s guide to understanding and interpreting odds will give you the confidence to get out there and start making winning bets. Our experts are here to help you on this journey, so do not hesitate to contact us with any questions you have about sports betting! We have only scratched the surface on reading betting lines, but this is an excellent place to start.

One sport that has a few extra quirks is golf. I wrote up a guide to golf betting that explains these unique features so you can feel comfortable wagering on PGA events too.