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March Madness Basketball Straight Bets

March Madness Straight Bets - NCAA College basketball at its finest when 65 teams come together to vie for a trip to the Final Four and a shot at the National Championship.

Fans have devised their own ways to play along with the action, with office Pools and friendly tournament bets running throughout March, but smart players play to win. This year, get an edge with Skytower Sportsbook.

Most March Madness Sports bets are placed on the traditional 110-100 basis. That means you risk $110 for every $100 you want to win or the equivalent. It could be $11 for $10, $55 for $50, etc. The 10 percent is the vigorish that is associated with every bet you make. Sometimes with totals you will see a different amount but always remember that with any number you see it is based on the $100 basis.

That doesn't mean you have to bet $100 though. You can bet any amount you want and the sports betting software will take care of all the calculations.

Straight Bets Straight bets are made when you choose a team and the point spread. The cost of the bet is 10/11 or $110 to win $100.

Example:
Toronto Raptors +6
Chicago Bulls -6

• If the straight bet is on the Bulls -6 then the Bulls must win by more than 6 points for the bet to win.

• If the straight bet is on the Raptors +6 then the Raptors cannot lose by more than 5 points for the bet to win.

• If the game lands on 6 pts. then your bet is a “push” and will result in “no action”.

Example: Final Score: Rap 90 and Bulls 96

March Madness Basketball Sports Betting Guide

March Madness Parlay Betting

Sweet Sixteen Over/Under Betting Line

Elite Eight Teaser Betting

Final Four Straight Bets

Now that you are little more educated on March Madness Brackets Visit one of our sponsors and get free 2010 Printable March Madness Brackets.

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NCAA Basketball Betting Terms
 

Straight Bet

A bet on a single result or outcome.

PARLAY

A bet on 2 or more teams or outcomes where all selections must be correct for the bet to win.

OVER/UNDER

A bet on whether the combined total of the points scored by the two teams will exceed or be less than a specified number given.

TEASERS

A teaser is a group of straight bets or totals combined into one bet. On the teaser line you bet against for each individual wager is moved to your favor by the number of points of the teaser that can be from 4-9 points.

LINES

Odds

POINTSPREAD

The handicap given by the favorite to the underdog for betting purposes.

FUTURES

Bets placed on an event or outcome taking place some time in the future, e.g. betting during the season on the NBA finals winner.

MONEY LINE

The amount you must bet to win 100 or the amount you win if you bet 100.

TOTAL

(see Over/Under)
PICK
A game where no team or betting option is favorite.

PUSH

A game which, with the pointspread, is tied or when the combined scores of the two teams ties the total.

SPREAD

An abbreviated form of pointspread.