How to Bet on College Basketball in North Carolina

There are hundreds of teams to bet on in college basketball, especially with March Madness right around the corner. With the launch of North Carolina online sports betting, residents will be betting on the NCAA Tournament for the first time this year. Here, we will provide info on how to bet on college basketball in North Carolina.

Legal sports betting in North Carolina launched at 12 p.m. ET on March 11, 2024, with eight mobile sportsbooks available. The go-live date happens to be during the busiest time in college basketball.

If you want to get in on the action, we are here to help. Below, we will go over how to bet on college basketball in North Carolina, including strategy, different types of wagers, and how to claim North Carolina sportsbook promos.

Read More: March Madness Odds

How to Bet on College Basketball in North Carolina

Much like the number of teams available to bet on, there are multiple ways to get a bet down on a college basketball game. Whether it be the spread, moneyline, point total, or futures bets, the top North Carolina sports betting apps will have odds ready to be bet on.

Spread

Betting on the spread (point spread) is a wager on the margin of victory during one game. Before the game tips off, oddsmakers will designate one team as the underdog (represented with a +) and the favorite (represented with a -).

Each team will also have a number they must keep the game within. Favorites must win by a specific number, and underdogs must keep the game within that number or win outright. For example, North Carolina must win by at least four to cover if the Tar Heels are 3.5-point favorites (-3.5) over the Wake Forest Demon Deacons (+3.5). On the other hand, Wake Forest cannot lose by more than three to cover as an underdog.

Moneyline

The moneyline is the most basic form of betting on a sports game. Instead of keeping the game within a certain number, the moneyline picks which team will win outright.

When betting on the moneyline, the number listed will tell you how much you stand to win. Favorites will return less money than underdogs on the moneyline. For example, Duke’s moneyline odds of -120 over NC State would require a $120 wager to win $100. If NC State is given +120 odds, a $100 wager would return $120 in winnings.

Point Total

The point total (Over/Under) is the estimated total number of points scored by both teams in one game. Bettors can wager on whether the final score will go over or under the set total. An example would be a game between North Carolina and Duke. If the total is set at 152.5, you can bet on the combined score to go over or under that number. 

Prop Bets

Prop bets are wagers on the occurrence or non-occurrence of an event, outcome, or player stats for one game. Most sportsbooks have hundreds of prop bets for multiple different markets on a game. 

Sometimes, a prop bet involves betting on a player’s over/under on a certain stat (e.g., over/under 18.5 points scored for Armando Bacot). Other types of prop bets are simple ‘yes’ or ‘no’ wagers. For example, ‘Will the game go to overtime?’ is a standard prop bet for every league. 

Parlay

Parlays are when you combine multiple different bets into one wager, typically with a very valuable payout. Types of wagers that can be combined into parlays depend on the sports betting app you use, but props, spread, moneyline, or total are typically accepted into a parlay at all sportsbooks. 

The higher the payout of your parlay, the more legs (bets) it has. However, for it to pay, every leg must be a winner. 

Futures

Futures are wagers that will be settled sometime later in the season. The most common examples are betting on who will win March Madness, player awards, and season stat totals. Other examples include conference championships and betting on a team to make it to a specific round of the postseason. 

More: North Carolina Gambling Laws | North Carolina Gambling Resouces | North Carolina Sports Betting Tax Rate

How to Sign Up at North Carolina Sportsbooks

Now that sports betting in North Carolina is legal, you can create an account at any sportsbook you wish. North Carolina has eight online sports betting apps, which are pretty simple to sign up with. 

You can sign up from your mobile device or on your computer. To get started, you will be required to provide a few bits of information, including: 

• Goverment-issued ID. 
• Contact information: email, phone number, home address. 
• Social security number. 

Once you have all those things, you can easily sign up for a new account. Signing up for new sportsbook accounts will allow you to take advantage of all the North Carolina Sportsbook promos. Each sportsbook will have a different welcome offer and may or may not require a promo code, depending on their offer with Gaming Today. 

For example, we will provide how to sign up and claim Ceasars Sportsbook North Carolina’s welcome offer, a ‘Bet$10, Get $250’ in bonus bets promo.

Caesars Sportsbook NC Promo Code TODAYNC

1. Click our Caesars Sportsbook North Carolina promo code link.
2. Enter promo code TODAYNC. 
3. Download the mobile app.
4. Provide identity-verifying information. 
5. Set up a payment method ($10 minimum). 
6. Place your first bet ($10) to unlock $250 in bonus bets. 

After you place your first bet with Caesars Sportsbook, you will instantly receive $250 in bonus bets. Just make sure you enter promo code TODAYNC when prompted.

Other sportsbooks, such as DraftKings, may not require a promo code. Simply click our affiliate link to claim the offer and sign up at DraftKings or FanDuel.

Below, we have included a table that lists our North Carolina betting promos for new users.