Guide to Betting on NCAA Basketball in Indiana
Division I college basketball is a vast enterprise, boasting 354 teams spread across 32 conferences. This expansive landscape provides sports bettors with continual opportunities to explore the best NCAAB odds and various betting options throughout the season.
In Indiana, basketball holds a cherished status, especially at the collegiate level.
The regular college basketball season typically spans from early November to early March. The pinnacle of excitement arrives with March Madness, the NCAA Tournament, commencing in mid-March and concluding with the national championship in early April.
These events offer extensive avenues for placing online college basketball bets in Indiana, available through sportsbook apps or traditional Las Vegas-style retail sportsbooks.
Top College Basketball Gambling Websites
Live College Basketball Odds
Here are the updated odds for the upcoming NCAA basketball championship at Indiana’s online sportsbooks. Click on any odds to visit an online sportsbook, where you can register and take advantage of bonus bets or promotions. You can also use the drop-down menu to explore other NCAAB futures boards, including odds to reach the Final Four. For a comprehensive view of NCAA basketball odds, refer to our full sports betting odds feed.
Can I Bet on College Basketball in Indiana?
Absolutely! Betting on college basketball in Indiana is convenient and straightforward. The easiest way is to download an online betting app and place your bets from anywhere within the state. Popular apps like DraftKings, FanDuel, and BetRivers are readily available for this purpose. Alternatively, you can visit in-person sportsbooks at casinos operated by major names such as DraftKings, FanDuel, and Caesars.
Unlike some states, Indiana allows betting on Division I college basketball teams without restrictions, which sets it apart from places like New Jersey, where such restrictions apply.
When choosing a betting app, consider several factors. Look for apps that cover the sports you enjoy betting on, offer competitive odds, and provide attractive welcome bonuses. Ultimately, the choice of app(s) depends on personal preference. Some highly rated options include:
DraftKings Sportsbook app offers a variety of betting options such as point spreads, totals, and moneylines. It also features alternative spreads and totals online. Signing up with DraftKings earns you a sign-up bonus and additional bonus bets.
FanDuel Sportsbook app provides betting options like point spreads, totals, and moneylines, along with parlays, teasers, and a range of in-game choices. FanDuel also offers up to $25 back if you assemble a five-part parlay and miss one leg.
BetRivers Sportsbook app offers standard sports betting features for Indiana bettors, including live game betting and futures options. Explore popular live betting choices or consider season results for strategic betting.
Guide to Betting on NCAAB in Indiana
Betting on college basketball offers numerous wagering options beyond predicting the game’s winner. Here are some popular types of bets in college basketball:
- Spread Betting: Predict whether the favorite team will win by more than the spread or if the underdog will keep the game close.
- Moneyline Betting: Simply pick the team you believe will win the game, regardless of the margin of victory.
- Totals Betting: Bet on whether the combined score of both teams will be over or under a set number.
- Parlays: Combine multiple bets into one for higher odds and bigger potential payouts. All bets in the parlay must win for you to receive a payout.
- Props: Bet on specific events or outcomes within a game, such as player performances or game statistics.
- Futures: Predict long-term outcomes such as conference champions or the overall NCAA champion.
- Live Betting: Place bets during the game based on real-time odds and game developments.
Top College Basketball Teams to Bet On
Indiana, with its rich basketball tradition and NCAA headquarters in Indianapolis, is home to several top-tier college basketball programs:
- Indiana University Hoosiers: Five NCAA titles, eight Final Fours, and 39 tournament appearances.
- Purdue University Boilermakers: Two Final Fours and 32 tournament appearances.
- Butler University Bulldogs: Two Final Fours and 16 tournament appearances.
- Notre Dame Fighting Irish: One Final Four and 36 tournament appearances.
- University of Kentucky Wildcats: Eight NCAA titles, 17 Final Fours, and 59 tournament appearances.
- University of Louisville Cardinals: Two NCAA titles, eight Final Fours, and 39 tournament appearances.
- Dayton University Flyers: One Final Four and 18 tournament appearances.
- University of Illinois Fighting Illini: Five Final Fours and 31 tournament appearances.
- Cincinnati University Bearcats: Two NCAA titles, six Final Fours, and 31 tournament appearances.
- Xavier University Musketeers: 28 tournament appearances.
- Michigan State University Spartans: Two NCAA titles, nine Final Fours, and 33 tournament appearances.
- Ohio State University Buckeyes: One NCAA title, 10 Final Fours, and 30 tournament appearances.
AP Top 25 NCAA Basketball Poll
Stay updated with the latest rankings from the AP Top 25 Poll.
March Madness: NCAA Division 1 Men’s Basketball Tournament
The NCAA Selection Committee will announce the 68-team March Madness field during Selection Sunday on March 13. The teams will compete across four regions: South, Midwest, East, and West. The First Four play-in round will feature the final eight teams selected, determining their seeding for the main bracket.
Visit our dedicated pages for the best March Madness betting sites and bracket contests at IN sportsbooks.
March Madness 2022 Dates
March 15-16: First Four in Dayton, OH
March 17-21: First and Second Rounds in multiple locations including Buffalo, NY; Indianapolis, IN; Fort Worth, TX; Portland, OR; Greenville, SC; Milwaukee, WI; Pittsburgh, PA; and San Diego, CA.
March 24-25: Sweet 16 in San Antonio, TX; San Francisco, CA; Chicago, IL; Philadelphia, PA.
March 26-27: Elite Eight (locations TBD).
April 2-4: Final Four and National Championship in New Orleans, LA.
Begin by conducting thorough research, followed by additional research, and then more research before placing your bets. There is significant value to be discovered in teams outside of the major conferences, especially when they face top teams in March. Keeping track of mid-major conferences throughout the season allows you to recognize potential dark horse teams well in advance.
The NCAA tournament selection committee consists of athletic directors and conference commissioners from various regions across the country. They convene during the conference tournaments to assess and select each team based on criteria such as strength of schedule, win-loss records, quality wins, and opportunities taken.
The committee makes its final decisions after all conference tournaments conclude. The bracket is then unveiled during the Selection Sunday show.
NCAA basketball lines are established by individual sportsbooks and casinos. These lines are determined based on comprehensive information about both teams, aiming to manage the risk for the betting provider. Significant betting activity on one side can influence adjustments to the line, either making it larger or smaller in response.
While sportsbooks and casinos may reference Las Vegas lines for guidance, each establishment operates independently and assumes responsibility for its own risk management. Decisions on setting odds are based on available information and betting patterns. Local betting preferences, such as fans wagering on their hometown teams in regions like Indiana, can influence odds in local books differently than in Las Vegas. This regional influence reflects the unique dynamics of local sports betting markets.
Second-half NCAA basketball lines offer a chance to place bets specifically for the second half of a game. These odds can differ from pre-game lines due to the game’s actual action in the first half. Analyze updated probabilities based on first-half performance to make informed decisions for the final 20 minutes of play.