In this case, the higher negative number shows which team Vegas odds-makers think is most likely to win. Both teams can have negative odds if it’s a very close matchup. The positive figure shows you the amount of a winning return when placing a $100 bet. If it has a positive number (e.g., +150), it’s the underdog. This figure shows you how many dollars you have to bet to get a winning return of $100 from your sportsbook. If the team has a negative number next to it (e.g.,-150), it’s the favorite. This wagering option lets you bet on which college basketball team will win a specific matchup. Unsure of how college basketball bets work? This guide gives you the lowdown on popular wagering options. Interested in betting on the winner of the NCAA championship, or March Madness? Visit the College Basketball futures page for odds for each college team in every division. Want to place betting action on NCAAB matchups? View Vegas odds for upcoming college basketball games to assess your wagering options before wagering. The 2023–24 NCAA Division I men’s basketball season began on 6th November 2023 – with the regular season ending March 17th 2024.