College basketball was unfortunately canceled last season right before the most exciting time of year. March Madness sadly did not come this year. Sportsbooks everywhere took losses due to COVID-19, but few were as big as losing the tournament. March Madness brings in tons of amateur bets and new bettors that don’t put money down on a Tuesday night in January Vandy/Ole Miss game. While there are still a couple of months to go before we get more NCAA basketball, doing your betting homework is never a bad idea no matter what time of year. Learning how to bet on college basketball isn’t as hard as it may seem. Different leagues, NFL, NCAA, MLB, NBA, etc have different ins and outs to betting. Individual bettors of course have their own methods. The biggest lesson is to be a smart bettor. The worst bets (and always the most memorable) usually are made in haste and without a lot of thought.
Learning how to bet on college basketball was my gateway into the sports betting world. I had grown up watching so many games that it just seemed natural. There are endless amounts of information out there on the internet and finding sports betting resources has only gotten easier in recent years. As I started to really get into sports betting in college there were a few things I noticed early on. There are writers who make it seem like they take a super scientific method when betting on games. Some say they have their own secrets. Others just pretend to know more than the average person. While there are those with the gift out there and there is such a thing as an expert bettor, it isn’t hard to advance your own game. Take it from this expert, it ain’t rocket science.
Have a Re”Source”
Sportswriters and journalists are notorious for their “sources”. Memes about Woj and his legendary “league sources” can be found all over NBA Twitter. To be a smart bettor you need your own source. A resource. What I mean by a resource is a site that is a one-stop-shop for your quick stats. Finding a site that consolidates the against the spread, over/under, straight up, league statistics rankings, etc is super important. It allows you to not only take in valuable information, but you can do it quickly and efficiently with practice and use. These sites are usually stats sites that follow trends and other sports betting facts and information. One of my favorites is OddsShark which also includes a win probability as well as ATS and over/under probability. There are others of course like OddsChecker and more. These resources help you learn how to bet on college basketball fast.
What advantages do these sites give you? Well, they give you quick info you need to know such as where a team stands in their respective league in vital stat categories. These sites give the win-loss records of teams and their ATS records typically. This lets you know if a team is a good team or a team that is good to bet on, which are two different things entirely. The Gonzaga Bulldogs for instance are a risky team to bet on given their tremendous win-loss record over the years. These sites will usually also let you know how one team fares against the rest of the NCAA in stat categories like points, rebounds, field-goal %, and more. Of course, you can also keep up with the Def Pen Against the Spread Top-25 which will be available this college basketball season.
Making sure you have a place to go for quick stats and info is vital if you want to be a smart bettor. Find a site that fits you and get used to using it. The more adapted you are the better. If you notice that you only really need the ATS stats then do it. Being comfortable will help lead to more rational betting decisions.
Have a Sportsbook
Finding the right sportsbook is just about the most important thing you need to do. Especially as an American bettor, there are many sites that are not compatible. This can be a local sportsbook you trust with a brick and mortar location or an online deal. Find what makes you comfortable and what is allowed in your local jurisdiction. An online favorite of many sports bettors is Bovada. They take multiple methods of payment. As far as online books go, this is a very reliable and easy site to navigate. There can be issues with online sportsbooks and it is always important to keep up with the goings-on of your particular site.
5Dimes is a popular online betting site. Last year in 2019 their founder had been kidnapped and eventually ended up murdered by his captors in a tragic story. The tragic event made many who had money with the site feel uneasy about what might happen to the cash they had deposited or won. Even prior to that unfortunate event, in 2016 5Dimes had been investigated by the Department of Homeland Security for alleged money laundering. The issue arose over 5Dimes accepting American gamblers. Allowing them to avoid banking restrictions by using certain methods to deposit and withdraw funds. No one or entity was ever formally charged. It is always best to keep money with a stable site.
When it comes to gambling you always want to be confident in your picks. You also want to be confident your money is safe. Do your research on your local laws. Make sure to research your sportsbook too. A reliable sportsbook will only help you learn how to bet on college basketball. Learning how your particular sportsbook works and what odds they offer help you bet better.
Have an Outlet to Follow
Being a smart bettor means keeping up with the news. It doesn’t have to be obsessive, but stay informed. Even games you don’t bet on, you should know if Penn State is trending upwards in Big10 play or not. Find an outlet, like Def Pen Betting, and keep up with their writers on social media and Tallysight. Tallysight brings expert picks together and allows experts to make their picks easily. Keep up with your favorite Def Pen Sports writers there. They work with industry leaders and bring their audience the best picks from the best experts. Having a reliable outlet is a great way to be a smart bettor.
News and trends are a must for sports bettors. Even if you fade the forecasts of the experts, it is important. Maybe if Illinois has won a school-record in a row a smart bettor wants to know. A smart bettor looks at that news and thinks to themselves, well they are bound to lose eventually let me see who the matchup is. Or, two, they think Illinois is riding a hot streak, this is the best team in school history and the Big10 is weak this year they keep it going. A bettor who is uninformed does not have that info at hand and must instead rely on what the lines are telling them, which is what Vegas and sportsbooks want. They make a lot of their money from uninformed, hasty bets. Those hasty bets don’t come from those that know how to bet on college basketball. So follow the reliable writers here at Def Pen Betting so you are informed on what you need.
Have an Analytic Tool
One of the best things about being a bettor in 2020 is all the analytic information available. With advanced stats and info changing the landscape of leagues like the NBA, it is important for bettors to adapt. Find an analytic measure that is easy for you to understand. Also, make sure that the analytic is easily translated to sports betting. If you see that Oregon has an advantage over Washington in whatever the advanced stat is, you should know what that means when it comes to making your bet. There are a couple of popular tools that bettors use. Sagarin ratings and KenPom ratings are two college basketball favorites. I personally prefer to use KenPom. It is easier for me to digest and translate as I mentioned earlier.
KenPom mainly measures offensive and defensive efficiency and that information is invaluable especially as conference play starts up in January. With a good sample of games, KenPom helps me decipher what team I need to take based on their efficiencies as well as the strength of schedule. The site is updated every week and I almost always consult it when making a decision on NCAA basketball. It is fun to nerd out a little with these stats and fun to find unique and new systems and ratings. Go out and find one that works for you. These tools separate those who know how to bet on college basketball from those who know how to bet really well on college basketball.
The importance of being a smart bettor cannot be understated. Unless you are okay with making less money, getting more bad beats, and feeling worse overall do your best to be a smart bettor. You wouldn’t take a test without studying (or you maybe you would) so don’t bet without being informed. Have a resource, a sportsbook, a reliable outlet, and some kind of advanced analytic to consult before placing those bets. The NCAA basketball season is so close. With a start somewhere near Thanksgiving, there will be a lot to be thankful for when the season begins. Have fun and be responsible!