Thursday, June 3, 2010

Understanding March Madness Odds and other NCAA lines

Sports betting is not a recent phenomenon and has been in existence for decades. Betting is done on almost every sport in America and one of the most popular sporting events is “March Madness.” For those who don’t know, “March Madness” refers to the Division I championship of the men’s college basketball series. It is held once a year, usually in the months of March and April. The term is also applicable for the women’s basketball series. Because of the participation of about 65 teams in this tourney, this event attracts bettors to a large extent. Therefore, many sports betting websites display the March madness odds beforehand. For those who are novices, an odd is simply the projected outcome for any event that is calculated, based on every team’s or individual player’s performance. This tournament is organized by the National Collegiate Athletic Association (NACC), a US based organization through which the Colleges and the Universities manage their athletic events or programs.

Apart from basketball, the association also organizes other sporting tournaments as well. Some of the sports covered by NACC include football, hockey, water polo, golf, and tennis. Amongst all these sporting series NCAA basketball and NCAA football series are two of the most important championships, from a betting point of view. Bettors from all over the place wager on these games. Online betting has further expedited the entire betting procedure. A bettor can easily view all the betting lines including NCAA basketball lines and NCAA football lines and odds over the net. Now, bettors don’t need to search for a bookmaker and worry about visiting him again and again for clearing his dues or making a wager. Now, one can just sit at home and try their luck in the betting industry.

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