How to Develop a College Basketball Betting Model in Excel

The college basketball season is now underway, which means you have a plethora of options when it comes to placing bets in the sport. The most popular game this year is the NCAA Tournament, which features dozens of games every day spread across several days. It’s an ideal scenario for those who like to bet on the action.

While there are a variety of betting options available for the NCAA Tournament, there is one option in particular that seems to have gained a lot of popularity this year: spread betting on the outcome of games. This article will discuss how to create a model that allows you to bet on the games as they are being played, as well as some strategies for using this model.

How To Start Betting On College Basketball Games

Perhaps the most straightforward way to begin betting on college basketball games is to use an online sportsbook that allows for instant deposits and withdrawals, as well as mobile betting. Sportsbooks like these have the advantage of catering to a global audience, allowing for people in different countries to place bets on games that are taking place elsewhere. This sort of international coverage is not possible with most sportsbooks, which is why many people choose to use these kinds of sites when placing bets on basketball.

The Five Step Process For Developing A Successful College Basketball Betting Model

The following section will discuss the steps you need to take in order to develop a successful college basketball betting model. It will cover everything from setting your odds to selecting the right games to bet on.

Step one: Set your odds

The first step in developing a successful college basketball betting model is to set your odds. This is simply the proposition that you are offering to take on – whether you feel like you’ll win or lose a particular game. You may decide to make money off the Asian games or get even with your buddy Steve on a University of Arizona vs. Arizona State game. You get the choice. It’s all up to you. But you have to decide. The important thing is to set the odds correctly so when you hit the button, the game presents itself in a way that makes sense to you.

Step two: Identify the games you’ll bet on

The next step is to identify the games you’ll bet on. There is quite a bit of variance in this step, so it’s important to take your time in order to pick the right games. Once you have set your odds, you can start considering the games that might be worth wagering on. To start, it’s a good idea to look at the games that are highest-staked because these are the games that are most likely to end up being profitable. Additionally, you can narrow your choices by looking at the teams’ records, injuries, and much more. When picking your games, keep in mind that oddsmakers often have an edge over the bookies – so if you can get a good edge against the odds, you’ll be able to make some decent money from the action.

Step three: Calculate the winnings and losses

The next step is to calculate the winnings and losses from your chosen games. When picking your bets, make sure that you are only considering games that you have a clear-cut edge over. There are many cases where people place bets on teams that are almost even or have the same record – but the spread is so large in these situations that betting becomes attractive even though you are certain to lose. Another pitfall that people fall into is thinking that because a team is good, they’ll automatically win every game they play in. This is far from true – sometimes very poor teams manage to pull off upsets and score big wins against top-level competition. So you have to be careful here as well.

Step four: Calculate the win rate

The next step is to calculate the win rate for your chosen games. Simply take the number of wins you calculated in Step three and divide it by the number of games played. For example, if you are betting on a Louisville Cardinals vs. Kentucky Wildcats game and you feel that Louisville will win most likely, the win rate for this game will be somewhere around 80 percent. To get an accurate reading of how successful a particular game or team is, look at the win rate for a variety of games.

Step five: Adjust your bets as necessary

The final step is to adjust your bets as necessary. In Step four, you calculated the win rate for your chosen games, but now you have to consider whether or not to adjust your bets based on the outcome of previous games. For example, if you bet $100 on a Louisville Cardinals vs. Kentucky Wildcats game and Louisville wins, you’ll win $800. But if the game is canceled because of weather or other circumstances, you’ll win $100 instead. It’s not easy to determine how previous games influence your bets in the middle of a season, but you have to make sure that your wins and losses add up. Additionally, if you have been betting on the same team or teams for multiple consecutive weeks, you might want to consider adjusting your bet sizes or omitting certain teams from your weekly lineup. The important thing is to continue monitoring the success of your model as the season progresses and make any necessary adjustments as soon as possible.

The preceding five steps will help you build a successful model, but it is not easy. You will need to put in a lot of work and take your time to consider all the variables that could influence the outcome of games. Still, the effort will be well worth it if you can develop a model that allows you to win consistently. Once you have developed such a model, all you need is the betting platform to make money off the action.