March Madness Betting
to bet on Basketball
( NBA, WNBA and NCAA )
March madness betting is the
second biggest sport bet in terms of dollars being wagered on
the net, right behind the NFL. If you are going to be march
madness wagering this year be sure you follow our guidelines.
First thing to remember is to play at a quality sportsbook like
the ones listed on our website. We personally bet and wager at
every one of these books daily and have had wonderful
experiences march madness betting.
Many online sportsbooks and casinos offer point spread and over
/ under betting, both online and over the telephone. On a point
spread wager, the team wagered must win by the point spread. On
an over / under wager, the total points of the contest by both
teams, overtime included, must fall over or under the side
The posted line is the L.A. Lakers -10 at Portland Trailblazers
+10 and the over/under total is 189.
The odds are $1.10 to win $1.00 (-110) unless otherwise
For the player who wagers on the Lakers -10, they must win by
more than 10 points for this to be a winning wager. For the
player who wagers on Portland +10, they must either win the
game, or lose by less than 10 points for this to be a winning
wager. If the outcome falls on the number, either way, the bet
is declared a "Push", and the original stake is refunded.
For the player who wagers on the total points of this contest by
both teams to be "Over" 189, the combined final score of both
teams must exceed 189. For the player who wagers on the total
points of this contest by both teams to be "Under" 189, the
combined final score of both teams must be less than 189. If the
outcome falls on the number, the bet is declared a "Push", and
the original stake is refunded.
Pointspread and Over/Under lines will be offered on all NBA
All wagers on the side & total will include all overtime scoring
Many Las Vegas and web based sportsbooks offer moneyline odds
wagering on American BasketBall, both online and over the
telephone. Moneyline Wagering is simply wagering on the contest
based on a given price rather than a pointspread. The team bet
on just, has to win the game.
A player could choose one of two wagers on the following matchup:
L.A. Lakers -200 at Portland Trailblazers +180. If the Lakers
win, the player laid $200.00 to win $100.00. If Portland wins,
the player who bet $100.00 wins $180.00.
Simply put, Proposition/Exotic Bets may generally be considered
as any wager other than a straight "side" or "over/under" wager.
More specifically, these wagers usually involve specific events
and occurrences that happen throughout any given game. We have
listed some examples for you below. Props/Exotics will be
offered on more marquee games on the betting menu. These
include, but are not limited to, Saturday and Thursday night
games, various NCAA basketball games, major March Madness games and many
Playoff and NCAA Championship Basketball games. There are also many
other miscellaneous events that Props and Exotics will be
Many Atlantic City sportsbooks and internet casinos offer Point
Buys. This is a method of allowing the bettor to improve the
point spread odds of a Basketball contest by actually "buying
points" for the team he/she wants to wager, side or total.
Bettors can buy points in 1/2 point increments up to 3 points,
depending on the contest. Each 1/2 point costs the bettor an
additional 10% vigorish.
The L.A. Lakers are playing the Portland Trailblazers, and the
line on the game is the Lakers -10, with a total of 189. If a
$100 wager is placed on the Lakers -10 with a 1/2 point buy, the
player has a wager on the Lakers -9 1/2 points, and must put up
$120 to win $100, instead of the usual $110 to win $100. If the
player, for example, requests a full 1 point buy to move the
pointspread down to -9, he/she would have to put up $130 to win
Conversely, the bettor may also buy points on the Trailblazers
side, and get the line at plus 10 1/2 or 11 points, with the
same increase in vigorish.
Bettors may also buy points for basketball totals. In this
particular game, bettors could buy an "over" wager with a
maximum line move down to 188, or an "under" wager with a
maximum line move up to 190.
Point Buying up to a maximum of 2 point will be offered on all
NBA and NCAA contests.
Point Buying will not be offered on halftime, quarter or