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NCAAB Betting Odds, Spreads & Lines

Keep up with all the action on the court and see the latest college basketball odds, including up-to-the-minute betting lines and point spreads for every matchup, from top-rated sportsbooks. You can also check out our NCAAB futures as March Madness starts heating up.
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TimeROTSun Dec 22, 2024
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Sunday, December 22, 2024

Sun 12/22

12:00 PM

749Illinois State
Illinois State
--
750Cornell
Cornell
--
Sun 12/22

12:00 PM

000Virginia-Wise
Virginia-Wise
--
000George Washington
George Washington
--
Sun 12/22

1:00 PM

583Binghamton
Binghamton
--
584Army
Army
--
Sun 12/22

1:00 PM

579Morgan State
Morgan State
--
580Iowa State
#3 Iowa State
--
Sun 12/22

1:00 PM

577Bryant University
Bryant University
--
578Towson
Towson
--
Sun 12/22

1:00 PM

751Kent State
Kent State
--
752Alabama
#6 Alabama
--
Sun 12/22

1:00 PM

000Florida Institute of Technology
Florida Institute of Technology
--
000Florida Gulf Coast
Florida Gulf Coast
--
Sun 12/22

1:00 PM

755Purdue Fort Wayne
Purdue Fort Wayne
--
756Michigan
#24 Michigan
--
Sun 12/22

1:00 PM

753Illinois
Illinois
--
754Missouri
Missouri
--
Sun 12/22

1:00 PM

581Central Arkansas
Central Arkansas
--
582Oklahoma
#14 Oklahoma
--
Sun 12/22

1:00 PM

575Iona
Iona
--
576Colgate
Colgate
--
Sun 12/22

1:00 PM

757Sacred Heart
Sacred Heart
--
758Miami (OH)
Miami (OH)
--
Sun 12/22

1:00 PM

585New Hampshire
New Hampshire
--
586Stonehill
Stonehill
--
Sun 12/22

2:00 PM

587Radford
Radford
--
588South Carolina
South Carolina
--
Sun 12/22

2:00 PM

591Mercyhurst
Mercyhurst
--
592West Virginia
West Virginia
--
Sun 12/22

2:00 PM

759Montana State
Montana State
--
760TCU
TCU
--
Sun 12/22

2:00 PM

589American University
American University
--
590Virginia
Virginia
--
Sun 12/22

2:00 PM

761Detroit Mercy
Detroit Mercy
--
762Wisconsin
Wisconsin
--
Sun 12/22

2:00 PM

763Pennsylvania
Pennsylvania
--
764George Mason
George Mason
--
Sun 12/22

2:00 PM

767UC Santa Barbara
UC Santa Barbara
--
768Missouri State
Missouri State
--
Sun 12/22

2:00 PM

765William & Mary
William & Mary
--
766Virginia Commonwealth
Virginia Commonwealth
--
Sun 12/22

2:00 PM

000Fort Lauderdale
Fort Lauderdale
--
000Stetson
Stetson
--
Sun 12/22

3:00 PM

597McNeese State
McNeese State
--
598Louisiana-Lafayette
Louisiana-Lafayette
--
Sun 12/22

3:00 PM

601Prairie View A&M
Prairie View A&M
--
602Rice
Rice
--
Sun 12/22

3:00 PM

769Oral Roberts
Oral Roberts
--
770Oklahoma State
Oklahoma State
--
Sun 12/22

3:00 PM

599New Orleans
New Orleans
--
600LSU
LSU
--
Sun 12/22

3:00 PM

593Alcorn State
Alcorn State
--
594UAB
UAB
--
Sun 12/22

3:00 PM

595Houston Christian
Houston Christian
--
596North Texas
North Texas
--
Sun 12/22

3:00 PM

771Brown
Brown
--
772Kansas
#8 Kansas
--
Sun 12/22

3:00 PM

783Oregon State
Oregon State
--
784Charleston
Charleston
--
Sun 12/22

3:00 PM

000North Central College
North Central College
--
000Milwaukee
Milwaukee
--
Sun 12/22

3:30 PM

603Charleston Southern
Charleston Southern
--
604Georgia
Georgia
--
Sun 12/22

4:00 PM

000Stanislaus State
Stanislaus State
--
000Sacramento State
Sacramento State
--
Sun 12/22

4:00 PM

775Rider
Rider
--
776North Carolina State
North Carolina State
--
Sun 12/22

4:00 PM

607Southern University
Southern University
--
608USC
USC
--
Sun 12/22

4:00 PM

773Saint Louis
Saint Louis
--
774Grand Canyon
Grand Canyon
--
Sun 12/22

4:00 PM

605Grambling State
Grambling State
--
606Cincinnati
#19 Cincinnati
--
Sun 12/22

5:00 PM

777Wyoming
Wyoming
--
778Cal State Fullerton
Cal State Fullerton
--
Sun 12/22

5:00 PM

785Loyola Chicago
Loyola Chicago
--
786Oakland
Oakland
--
Sun 12/22

6:00 PM

609Le Moyne
Le Moyne
--
610Notre Dame
Notre Dame
--
Sun 12/22

7:00 PM

611North Alabama
North Alabama
--
612Loyola Marymount
Loyola Marymount
--
Sun 12/22

7:00 PM

779Georgetown
Georgetown
--
780Seton Hall
Seton Hall
--
Sun 12/22

8:00 PM

781Utah State
Utah State
--
782Saint Mary's
Saint Mary's
--
Sun 12/22

9:00 PM

787Nebraska
Nebraska
--
788Murray State
Murray State
--
Sun 12/22

11:30 PM

789Charlotte
Charlotte
--
790Hawaii
Hawaii
--

Recent Results

Saturday, December 21, 2024

FINAL
Sat 12/21

12:00 PM

501North Florida
North Florida
45
--
502Florida
#7 Florida
99
--
FINAL
Sat 12/21

12:00 PM

601Syracuse
Syracuse
60
--
602Maryland
Maryland
87
--
FINAL
Sat 12/21

12:00 PM

609SMU
SMU
103
--
610Boston College
Boston College
77
--
FINAL
Sat 12/21

12:00 PM

608Saint Joseph's (PA)
Saint Joseph's (PA)
82
--
607Virginia Tech
Virginia Tech
62
--
FINAL
Sat 12/21

12:00 PM

617Penn State
Penn State
75
--
618Drexel
Drexel
64
--
FINAL
Sat 12/21

12:00 PM

603Princeton
Princeton
83
--
604Rutgers
Rutgers
82
--
FINAL
Sat 12/21

12:00 PM

605Chattanooga
Chattanooga
65
--
606Indiana
Indiana
74
--
FINAL
Sat 12/21

12:00 PM

615Marquette
#9 Marquette
72
--
616Xavier
Xavier
70
--
FINAL
Sat 12/21

12:00 PM

613Connecticut
#11 Connecticut
78
--
614Butler
Butler
74
--
FINAL
Sat 12/21

12:00 PM

503Vermont
Vermont
54
--
504Dartmouth
Dartmouth
84
--
FINAL
Sat 12/21

12:00 PM

611Duke
#5 Duke
82
--
612Georgia Tech
Georgia Tech
56
--
FINAL
Sat 12/21

12:00 PM

521South Carolina State
South Carolina State
47
--
522Northern Kentucky
Northern Kentucky
58
--
FINAL
Sat 12/21

12:30 PM

619Mississippi State
Mississippi State
79
--
620Memphis
#21 Memphis
66
--
FINAL
Sat 12/21

1:00 PM

625Niagara
Niagara
52
--
626St. Bonaventure
St. Bonaventure
71
--
FINAL
Sat 12/21

1:00 PM

515St. Francis (PA)
St. Francis (PA)
77
--
516Robert Morris
Robert Morris
90
--
FINAL OT
Sat 12/21

1:00 PM

519UMBC
UMBC
73
--
520Marist
Marist
76
--
FINAL
Sat 12/21

1:00 PM

621Fairfield
Fairfield
74
--
622Monmouth
Monmouth
88
--
FINAL
Sat 12/21

1:00 PM

627Sam Houston State
Sam Houston State
78
--
628Pittsburgh
Pittsburgh
110
--
FINAL
Sat 12/21

1:00 PM

507Hampton
Hampton
76
--
508Loyola (MD)
Loyola (MD)
68
--
FINAL
Sat 12/21

1:00 PM

509Quinnipiac
Quinnipiac
80
--
510Central Connecticut State
Central Connecticut State
84
--
FINAL
Sat 12/21

1:00 PM

513Navy
Navy
60
--
514Coppin State
Coppin State
68
--
FINAL
Sat 12/21

1:00 PM

517Lamar
Lamar
57
--
518Texas Tech
Texas Tech
101
--
FINAL OT
Sat 12/21

1:00 PM

511Manhattan
Manhattan
86
--
512Presbyterian
Presbyterian
81
--
FINAL
Sat 12/21

1:00 PM

505Youngstown State
Youngstown State
72
--
506USC Upstate
USC Upstate
64
--
FINAL
Sat 12/21

1:00 PM

523Maine
Maine
72
--
524Stony Brook
Stony Brook
74
--
FINAL
Sat 12/21

1:00 PM

000Lehigh
Lehigh
60
--
000LIU
LIU
59
--
FINAL
Sat 12/21

2:00 PM

539Jacksonville State
Jacksonville State
91
--
540Eastern Kentucky
Eastern Kentucky
80
--
FINAL
Sat 12/21

2:00 PM

691Georgia State
Georgia State
57
--
692Troy
Troy
77
--
FINAL
Sat 12/21

2:00 PM

000St. Thomas (MN)
St. Thomas (MN)
93
--
000Bowling Green
Bowling Green
68
--
FINAL
Sat 12/21

2:00 PM

643Louisville
Louisville
90
--
644Florida State
Florida State
76
--
FINAL
Sat 12/21

2:00 PM

533Texas A&M-CC
Texas A&M-CC
51
--
534Houston
#15 Houston
87
--
FINAL
Sat 12/21

2:00 PM

633James Madison
James Madison
49
--
634South Alabama
South Alabama
77
--
FINAL
Sat 12/21

2:00 PM

529High Point
High Point
94
--
530Southern Illinois
Southern Illinois
81
--
FINAL
Sat 12/21

2:00 PM

631Evansville
Evansville
43
--
632Ball State
Ball State
80
--
FINAL
Sat 12/21

2:00 PM

541Chicago State
Chicago State
57
--
542Cal State Northridge
Cal State Northridge
81
--
FINAL
Sat 12/21

2:00 PM

645Texas-Arlington
Texas-Arlington
56
--
646Liberty
Liberty
79
--
FINAL
Sat 12/21

2:00 PM

527Fairleigh Dickinson
Fairleigh Dickinson
60
--
528Minnesota
Minnesota
74
--
FINAL
Sat 12/21

2:00 PM

641Wright State
Wright State
82
--
642Eastern Michigan
Eastern Michigan
86
--
FINAL
Sat 12/21

2:00 PM

635Florida Atlantic
Florida Atlantic
69
--
636Michigan State
#20 Michigan State
86
--
FINAL
Sat 12/21

2:00 PM

537Boston University
Boston University
71
--
538Massachusetts-Lowell
Massachusetts-Lowell
83
--
FINAL
Sat 12/21

2:00 PM

000Immaculata
Immaculata
48
--
000La Salle
La Salle
108
--
FINAL
Sat 12/21

2:00 PM

525Mercer
Mercer
97
--
526Winthrop
Winthrop
102
--
FINAL
Sat 12/21

2:00 PM

637Canisius
Canisius
59
--
638Bradley
Bradley
92
--
FINAL
Sat 12/21

2:00 PM

531UNC Asheville
UNC Asheville
74
--
532NC-Wilmington
NC-Wilmington
85
--
FINAL
Sat 12/21

2:00 PM

535Albany
Albany
83
--
536Fordham
Fordham
87
--
FINAL OT
Sat 12/21

2:00 PM

000Mount St. Mary's
Mount St. Mary's
78
--
000Miami (FL)
Miami (FL)
74
--
FINAL
Sat 12/21

2:00 PM

649Wake Forest
Wake Forest
62
--
650Clemson
#25 Clemson
73
--
FINAL
Sat 12/21

2:00 PM

665East Tennessee State
East Tennessee State
66
--
666Kansas City
Kansas City
73
--
FINAL
Sat 12/21

2:30 PM

647UC Irvine
UC Irvine
54
--
648Duquesne
Duquesne
70
--
FINAL
Sat 12/21

2:30 PM

651North Carolina A&T
North Carolina A&T
67
--
652Arkansas
Arkansas
95
--
FINAL
Sat 12/21

2:30 PM

000
PS
Penn State-Fayette
52
--
000Wagner
Wagner
83
--
FINAL
Sat 12/21

3:00 PM

543Gardner-Webb
Gardner-Webb
84
--
544East Carolina
East Carolina
79
--
FINAL
Sat 12/21

3:00 PM

623Marshall
Marshall
66
--
624Southern Miss
Southern Miss
68
--
FINAL
Sat 12/21

3:00 PM

661UCLA
#18 UCLA
74
--
662North Carolina
North Carolina
76
--
FINAL
Sat 12/21

3:00 PM

653Coastal Carolina
Coastal Carolina
67
--
654Arkansas State
Arkansas State
97
--
FINAL OT
Sat 12/21

3:00 PM

657Old Dominion
Old Dominion
80
--
658Louisiana-Monroe
Louisiana-Monroe
75
--
FINAL
Sat 12/21

3:00 PM

655UC Davis
UC Davis
46
--
656Pepperdine
Pepperdine
85
--
FINAL
Sat 12/21

3:00 PM

000Kentucky Wesleyan
Kentucky Wesleyan
71
--
000Western Kentucky
Western Kentucky
91
--
FINAL
Sat 12/21

3:00 PM

549Mississippi Valley State
Mississippi Valley State
48
--
550Tulsa
Tulsa
93
--
FINAL
Sat 12/21

3:00 PM

545Austin Peay
Austin Peay
55
--
546Vanderbilt
Vanderbilt
85
--
FINAL
Sat 12/21

3:00 PM

547Bellarmine
Bellarmine
55
--
548Colorado
Colorado
79
--
FINAL
Sat 12/21

3:00 PM

663Furman
Furman
77
--
664Harvard
Harvard
63
--
FINAL
Sat 12/21

3:00 PM

659UC Riverside
UC Riverside
53
--
660UNLV
UNLV
66
--
FINAL
Sat 12/21

3:00 PM

553Texas Southern
Texas Southern
65
--
554Abilene Christian
Abilene Christian
69
--
FINAL
Sat 12/21

3:00 PM

000East Texas A&M
East Texas A&M
62
--
000South Florida
South Florida
88
--
FINAL
Sat 12/21

3:30 PM

667Air Force
Air Force
59
--
668Boise State
Boise State
77
--
FINAL
Sat 12/21

3:30 PM

671Tennessee State
Tennessee State
68
--
672Morehead State
Morehead State
74
--
FINAL
Sat 12/21

3:30 PM

669Georgia Southern
Georgia Southern
61
--
670Texas State
Texas State
83
--
FINAL
Sat 12/21

3:30 PM

693Western Illinois
Western Illinois
65
--
694Lindenwood
Lindenwood
71
--
FINAL
Sat 12/21

4:00 PM

687Idaho
Idaho
95
--
688Pacific
Pacific
72
--
FINAL
Sat 12/21

4:00 PM

681DePaul
DePaul
64
--
682Northwestern
Northwestern
84
--
FINAL
Sat 12/21

4:00 PM

673Central Michigan
Central Michigan
41
--
674Arizona
Arizona
94
--
FINAL
Sat 12/21

4:00 PM

683Villanova
Villanova
79
--
684Creighton
Creighton
86
--
FINAL
Sat 12/21

4:00 PM

555Lafayette
Lafayette
64
--
556Portland
Portland
74
--
FINAL
Sat 12/21

4:00 PM

685Northern Arizona
Northern Arizona
83
--
686Southern Utah
Southern Utah
75
--
FINAL
Sat 12/21

4:00 PM

677Arizona State
Arizona State
78
--
678Massachusetts
Massachusetts
62
--
FINAL
Sat 12/21

4:00 PM

675Northern Iowa
Northern Iowa
68
--
676Washington State
Washington State
76
--
FINAL
Sat 12/21

4:00 PM

565Samford
Samford
97
--
566Alabama A&M
Alabama A&M
90
--
FINAL
Sat 12/21

4:30 PM

695Tennessee-Martin
Tennessee-Martin
77
--
696Southern Indiana
Southern Indiana
46
--
FINAL
Sat 12/21

4:30 PM

689Purdue
#16 Purdue
69
--
690Auburn
#2 Auburn
87
--
FINAL
Sat 12/21

4:45 PM

697SIU-Edwardsville
SIU-Edwardsville
64
--
698Southeast Missouri State
Southeast Missouri State
80
--
FINAL
Sat 12/21

5:00 PM

699Colorado State
Colorado State
66
--
700Nevada
Nevada
64
--
FINAL
Sat 12/21

5:00 PM

705South Dakota
South Dakota
81
--
706Santa Clara
Santa Clara
98
--
FINAL
Sat 12/21

5:00 PM

000Howard Payne
Howard Payne
83
--
000Tarleton State
Tarleton State
100
--
FINAL
Sat 12/21

5:00 PM

701California Baptist
California Baptist
86
--
702Fresno State
Fresno State
69
--
FINAL
Sat 12/21

5:00 PM

703Northern Colorado
Northern Colorado
82
--
704Denver
Denver
75
--
FINAL
Sat 12/21

5:00 PM

557Bethune-Cookman
Bethune-Cookman
63
--
558Davidson
Davidson
76
--
FINAL
Sat 12/21

5:00 PM

563Queens University of Charlotte
Queens University of Charlotte
62
--
564Ole Miss
#17 Ole Miss
80
--
FINAL
Sat 12/21

6:00 PM

711Green Bay
Green Bay
62
--
712Drake
Drake
72
--
FINAL
Sat 12/21

6:00 PM

715Virginia Military
Virginia Military
71
--
716Richmond
Richmond
78
--
FINAL
Sat 12/21

6:00 PM

559Jacksonville
Jacksonville
66
--
560UCF
UCF
86
--
FINAL
Sat 12/21

6:00 PM

713Montana
Montana
67
--
714San Francisco
San Francisco
71
--
FINAL
Sat 12/21

6:00 PM

717Utah
Utah
88
--
718Iowa
Iowa
95
--
FINAL
Sat 12/21

6:00 PM

709IUPUI
IUPUI
69
--
710Florida International
Florida International
75
--
FINAL
Sat 12/21

6:05 PM

707Ohio State
Ohio State
85
--
708Kentucky
#4 Kentucky
65
--
FINAL
Sat 12/21

6:30 PM

719Temple
Temple
79
--
720Rhode Island
Rhode Island
85
--
FINAL
Sat 12/21

7:00 PM

723UNC Greensboro
UNC Greensboro
69
--
724Elon
Elon
73
--
FINAL
Sat 12/21

7:00 PM

721Kansas State
Kansas State
65
--
722Wichita State
Wichita State
84
--
FINAL
Sat 12/21

7:00 PM

739Akron
Akron
68
--
740Jackson State
Jackson State
50
--
FINAL
Sat 12/21

8:00 PM

725Oregon
#10 Oregon
76
--
726Stanford
Stanford
61
--
FINAL
Sat 12/21

9:00 PM

000Utah Valley
Utah Valley
64
--
000Weber State
Weber State
62
--
FINAL
Sat 12/21

9:00 PM

567Bucknell
Bucknell
65
--
568Gonzaga
#13 Gonzaga
86
--
FINAL
Sat 12/21

9:00 PM

733UC San Diego
UC San Diego
77
--
734San Diego
San Diego
71
--
FINAL
Sat 12/21

9:00 PM

741Yale
Yale
74
--
742UTEP
UTEP
75
--
FINAL
Sat 12/21

9:05 PM

000Cal Poly
Cal Poly
82
--
000Nebraska-Omaha
Nebraska-Omaha
86
--
FINAL
Sat 12/21

9:30 PM

731Portland State
Portland State
59
--
732Cal State Bakersfield
Cal State Bakersfield
58
--
FINAL
Sat 12/21

10:30 PM

735Kennesaw State
Kennesaw State
65
--
736San Jose State
San Jose State
89
--
FINAL
Sat 12/21

10:30 PM

737California
California
50
--
738San Diego State
#23 San Diego State
71
--
POSTPONED
Sat 12/21

4:00 PM

679Eastern Illinois
Eastern Illinois
--
680Arkansas-Little Rock
Arkansas-Little Rock
--

College Basketball Odds & NCAAB Betting Lines

If you’re a college basketball fan anywhere in North America, chances are you visited one or two NCAAB betting sites along the way. There’s a wide variety of sportsbooks out there offering lines on the entire college basketball season, from regular season games through to March Madness. We’ll show you how to navigate those lines and get the most betting value out of these college basketball games.

How to Understand NCAA College Basketball Odds

Reading NCAA basketball (NCAAB) odds is simpler than it might seem at first. To start, know there are three main types of bets: moneyline, point spread, and over/under (totals). Moneyline bets involve picking the winner of the game outright. The favorite team has a minus sign (-) before its odds, showing you how much you need to bet to win $100.

The underdog has a plus sign (+), indicating how much you win if you bet $100. Point spread bets focus on the winning margin. If a team is listed as -5, they need to win by more than 5 points. Over/under bets are about the total score of both teams combined. If the total is set at 150, you bet whether the score will be over or under that number. Understanding these betting odds can help you make informed bets on NCAAB games.

Popular College Basketball Betting Markets

To see how the odds table works for each NCAAB game, let’s introduce some of the different types of bets you can make on your favorite college basketball teams:

Moneylines

College basketball moneylines ask you to pick the winner of a game, straight-up. The betting favorite will be shown using a negative number (e.g. Butler –150), and the underdog using a positive number (e.g. Providence +130).

Point Spreads

Spread betting turns a game into more of a 50/50 situation by forcing the favorite to win by more than the posted number of points in order to cover. Butler was a –2.5 spread pick in our above example game, while Providence was +2.5.

Totals (Over/Under)

Totals have become very popular among all sports bettors – they might even be the easiest type of sports betting there is. When betting on college basketball totals, you just pick whether the two teams will combine to score Over or Under the posted number of points.

Parlay Betting

A parlay bet allows you to combine several college basketball bets into one package. If all your picks win, your payouts get multiplied instead of added together, but if you miss even one pick, the entire parlay loses.

Prop Bets

Prop bets (short for "proposition" bets) let you wager on things besides the game itself. Player props are the most popular of these; you can bet whether an individual player will score Over or Under their posted total for points, rebounds and other statistical categories.

Futures Bets

Futures betsare on events that won’t be resolved until a future date, like who will win the next March Madness tournament. College basketball futures odds are usually available all year long – even during the offseason.

NCAA College Basketball Betting Tips

Betting on NCAA basketball, especially during March Madness, can be thrilling. Here are some tips to help you make smarter bets.

Know the Teams: Before placing any bets, it's crucial to know the teams well. Look at their recent performance, head-to-head matchups and any player injuries. Teams on hot streaks or with strong defenses often do well in the tournament.

Understand the Odds: Make sure you understand how odds work, including moneyline, point spread and over/under bets. This knowledge helps you make informed decisions and identify value bets.

Consider the Location: Games aren't played on neutral courts in the early rounds. Teams playing closer to home can have an advantage, so consider the location when betting.

Watch for Upsets: College basketball is famous for its upsets. Sometimes, betting on an underdog can pay off, especially in the early rounds. Look for teams that are peaking at the right time or have a playing style that could trouble higher-seeded teams.

Manage Your Bankroll: Set a budget for how much you're willing to spend and stick to it. It's easy to get carried away during the excitement of the tournament, but managing your bankroll ensures you won't lose more than you can afford.

Shop Around for Odds: Different online sportsbooks may offer different odds on the same games. Shopping around can get you better odds for your bets, increasing your potential winnings.

Stay Informed: Keep up with the latest news, including injuries and team dynamics, up until game time. Late-breaking news can significantly impact odds and game outcomes.

By following these tips, you can increase your chances of making successful bets during NCAA basketball season. 

NCAAB Odds FAQs

How many teams are in March Madness 2024?

The March Madness 2024 tournament features 68 teams competing for the NCAA championship.

Where is March Madness 2024?

March Madness 2024 will take place across several U.S. cities, with the Final Four happening in Phoenix, Arizona.

Who has the highest chance of winning the NCAA tournament?

Regular season lines The UConn Huskies currently have the highest chance of winning the NCAA tournament in 2024, with odds listed at +425. Houston and Purdue are also strong contenders, following UConn closely in the odds.

What is a spread in college basketball?

A spread in college basketball is a betting line set by oddsmakers to level the playing field between two unevenly matched teams. It indicates how many points the favored team must win to cover the bet.

How do basketball odds work?

Basketball odds show which team is likely to win and by how much. They guide bettors on potential payouts for their bets. For example, if a team is favored to win, their odds might be lower, offering smaller payouts.