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Guide to How to Bet on College Basketball with Crypto

College basketball is by far one of the most popular NCAA sports out there. The amount of money being thrown during March Madness totals billions of dollars. The NCAA Tournament is the largest college sports betting event all year. But don’t get it twisted; you can be on college basketball before March.

Now, with the rise of cryptocurrency in sports betting—due to its speed, security and anonymity, and the potential explosive moves in cryptos… it makes it even more exciting and accessible. Of course, there’s a lot to learn about betting on NCAA basketball, and below, you’ll discover everything you need to know about how to bet on college basketball with crypto.

A Quick Overview of College Basketball Betting

If you don’t already know, there are different types of bets when it comes to basketball, and each of them offer different ways to win.

The Basics of NCAA Basketball Betting

If this piques your interest, then you have to keep reading.

Moneyline Bets

This is the simplest form of betting where you pick the team you think will win the game. Odds are set based on each team’s likelihood of winning. Let’s assume that Duke is playing North Carolina, and the odds are Duke -150 and North Carolina +130, a $150 bet on Duke would win $100 if they win, while a $100 bet on North Carolina would win $130 if they win.

Point Spreads

This bet involves predicting the margin of winning. Here’s how it works: the favorite must win by more than the spread, while the underdog must lose by less than the spread or win outright.

For example, if Kansas is favored by -5.5 points against Texas, Kansas needs to win by 6 or more points for a bet on them to pay off, while a bet on Texas pays off if they lose by 5 or fewer points or win the game.

Over/Under Bets (Totals)

This bet involves predicting whether the total points scored by both teams will be over or under a set number. If the over/under for a game between UCLA and Arizona is set at 145.5, you can bet on whether the combined score will be more (over) or less (under) than 145 points.

Prop Bets

These are specific bets on individual player performance or specific game events. For example, you might bet on a specific player scoring over or under a certain number of points, or on which team will score first.

Futures Bets

These bets are placed on outcomes that will be decided in the future, such as the NCAA championship winner or conference champions. For example, my favorite team is UConn Huskies and if I want to bet on the Huskies to win the NCAA Championship at +800 odds—that means a $100 bet would win $800 if Kentucky wins the title.

Strategies for Betting on NCAA Basketball

For me and many other college gambling fanatics, there’s a method to the madness. If you’re all about putting yourself in a position to win on your bets, there are some strategies to follow.

First and foremost, research and analysis plays a key role in deciding on your bets. That means looking into the team statistics, players' performance, and recent wins. Basically, you want to analyze the offensive and defensive efficiency, turnover rates, and three-point shooting percentage to start.

Next, you’ll want to understand the team dynamics. Try to find out if the players get along, how the coaching style meshes with the players, and even if the players are out partying (you can check social media for this).

Last, but not least, stay up to date on player injuries, suspensions and any other factors you can think of. If the top player is out due to an injury and there aren’t any other star players who can step up, that could change the whole game and odds.

Unique NCAA Basketball Betting Strategies

Analyzing coaching trends can provide valuable insights. Some coaches have a knack for consistently beating the spread (ATS) in tournament games. If you spot a coach known for leading underdogs to victory, they might be worth betting on in potential upset scenarios.
Consider the pace of play too. Teams that play at a faster pace often exceed total points predictions. On the flip side, slower-paced teams tend to result in lower scoring games. Checking the average possessions per game can help gauge scoring outcomes.
Fatigue is another critical factor. Tournament schedules can be grueling, with teams playing multiple games in quick succession. Teams with deeper benches are likely to handle this better, while those heavily reliant on their starting lineup might struggle in consecutive games.
Even in neutral-site games, home court advantage can play a role. Teams playing closer to home usually benefit from greater fan support, which can boost their performance. Crowds can sway referee decisions and lift player morale, especially under high-pressure conditions.
Betting against public favorites can also be advantageous. Public betting often skews lines, creating opportunities to bet against popular teams if you think the odds are exaggerated. Professional bettors (sharps) frequently exploit this by betting on underdogs or waiting for the spread to shift significantly before placing their bets.

Step-by-Step Guide to Betting on College Basketball with Crypto

Setting Up a Crypto Wallet

To start betting with crypto, you first need a crypto wallet. Opt for a reliable wallet like Coinbase or Binance and follow their setup instructions to secure your wallet. You can also use a hardwallet, like a Ledger Nano S, or MetaMask.

Buying Cryptocurrency

Purchase cryptocurrency from a reputable exchange. Bitcoin and Ethereum are popular choices for sports betting.

Choosing a Reliable Sportsbook

Pick a trustworthy crypto sportsbook. Consider factors like security, reputation, and user reviews. CryptoRush is a solid option, offering a secure and user-friendly platform. For more details, visit CryptoRush Sportsbook.

Placing Your Bet

1. Deposit Funds: Transfer your cryptocurrency to your CryptoRush sportsbook account.

2. Select Your Bet: Choose from options like moneyline, point spreads, over/under, and more. CryptoRush has dozens of sports to bet on, so the possibilities are “endless.”

3. Confirm Your Bet: Double-check your bet details before placing your wager.

Withdrawing Your Winnings

Withdrawing your winnings is straightforward. Request a withdrawal, and your funds will be transferred to your crypto wallet quickly and securely.

The Benefits of Crypto Sports Betting

Anonymity and Privacy

When you bet with CryptoRush, your privacy is their top priority. Unlike traditional methods requiring personal info and banking details (a headache, if you ask me), cryptocurrency transactions on CryptoRush are anonymous. This means your personal and financial information remains confidential, giving you peace of mind. Additionally, CryptoRush's advanced encryption makes sure your data stays private and secure.

If you’re in a jurisdiction that doesn’t offer crypto sports betting, you can use a VPN to access CryptoRush—and you can get more details on how to do that here.

Top-notch Security

Security is a significant benefit of betting with CryptoRush. Cryptocurrency transactions, secured by blockchain technology, are highly resistant to fraud and hacking.

CryptoRush uses top-notch security measures, including two-factor authentication (2FA) and end-to-end encryption, to safeguard your funds and personal information from unauthorized access.

Speed of Transactions

A key feature of betting with CryptoRush is transaction speed. Traditional banking methods can take days for deposits and withdrawals, but cryptocurrency transactions are completed within minutes.

This allows you to quickly deposit funds to start betting or withdraw winnings without delays.

Lower Fees

Betting with CryptoRush is also cost-effective due to lower transaction fees. Traditional banking methods often have high fees for deposits and withdrawals, which can reduce your winnings. In contrast, cryptocurrency transactions typically have much lower fees. CryptoRush passes these savings on to you, allowing you to keep more of your winnings, making betting more affordable and maximizing your potential returns.

Ready to Bet on Basketball Using Crypto?

Whether you want to bet on college basketball or NBA, CryptoRush is where it’s at. CryptoRush’s extremely easy-to-user platform, extensives sports coverage, and super-fast transactions, security and anonymity make it the best bet for an unrivaled betting experience.

The best part? You get a bonus for signing up.

What are you waiting for? There are basketball games to bet on.

Steven Wong.

Author

Steven made his mark as a trader exploiting the options market and as a savvy crypto investor. With a keen eye for exploiting bets and markets, he turned to online casinos for the fun of it. He loves to play crypto casino table games like baccarat and blackjack from the comfort of his home. His unique blend of trading and betting prowess allows him to provide unique insights to our audience.