UNC Basketball Odds

North Carolina sports betting is not yet available, but NC bettors still want to get the best UNC basketball odds. With six national championships to their credit, the North Carolina Tar Heels are among the most storied basketball programs in the country and one of the game’s “blue-bloods.” 

Legalized sports betting continues to make its paces toward a launch in North Carolina. A bill passed that legalized sports betting on tribal lands. There are a pair of retail sportsbooks in the western part of the state that is Cherokee-owned and operated. However, bettors must wait for the opportunity to consider game odds and bet on teams, such as the University of North Carolina Tar Heels, from the comfort and convenience of their own handheld devices.

UNC Basketball Odds At The Best Sportsbooks

SportsbookNCAA Odds
DraftKings Sportsbook North Carolina+9000
FanDuel Sportsbook North Carolina+15000
BetMGM Sportsbook North Carolina+10000

UNC’s odds to win the 2022 National Championship are not indicative of the historical dominance they’ve enjoyed over the decades. Even some of the game’s best programs go through peaks and valleys, and while it’s probably inaccurate to call this stretch a “valley” for the Tar Heels, they’re certainly not at the top of their game. The NCAA Tournament, aptly nicknamed “March Madness” produces unexpected runs and “Cinderella” stories every year though, so if the Tar Heels earn a trip to the dance, the door for a deep tournament run will be cracked.

Where Can You Bet On UNC Basketball?

Legal sports betting has not arrived within the borders of North Carolina, but we’ll continue to provide updates on that front. 

Online Sportsbooks In NC

There is optimism that legalized sports betting will launch in North Carolina sooner than later. The bill is working its way through the legislative process and appears to be inching methodically to the finish line. If and when that happens, the North Carolina Lottery Commission will be responsible for issuing up to 12 licenses. Some of those will likely be online sportsbooks a bettor can access via its mobile app.

NC Retail Sportsbooks

At this point in time, the best we can do is speculate on future developments in North Carolina as they pertain to the eventual legalization of sports betting. It’s reasonable to expect a mix of retail and online sportsbooks to launch in the market. Among the retail sportsbooks that could open, some may be standalone locations while some could be attached to a sports venue.

North Carolina law will allow venues with a capacity of at least 17,000 to host a sportsbook on-site, so Charlotte’s Spectrum Center and Bank of America Stadium, and Raleigh’s PNC Arena will be eligible to host a sportsbook on-site.

UNC Schedule 2022

Once the calendar flips to the new year, college basketball teams are steeped in conference play. While some exceptions do exist, most of the rivalry games occur within the conference schedule. The conference schedule leads into the ACC Tournament which leads into the NCAA Tournament.

The Tar Heels are not currently considered a lock to earn a ticket to the NCAA Tournament, so it will be important for them to continue to collect wins in conference play and deliver a strong showing in the ACC Tournament.

UNC plays its arch-rivals, Duke and North Carolina State, twice apiece each season, and they often line up against them for a third time during the conference tournament. These are some of the most discussed matchups on the sports calendar in North Carolina, not just the basketball calendar.

UNC Betting News And Updates

The biggest storyline surrounding the UNC basketball program isn’t anything particularly new. Long-time UNC and Hall of Fame head coach Roy Williams retired at the conclusion of last season, and assistant coach Hubert Davis took over the lead role. The 2021-22 season marked Davis’ head coaching debut. The expectation is Davis will receive the time necessary to fully grow into the role, and he will remain under the spotlight as he continues to improve and lead the new era of Tar Heel hoops.

For any coach in college athletics, recruiting is a massive element of the job. Tar Heel basketball supporters may not be blown away by the 2022 class of incoming freshmen, but they’ve already inked a top prospect in the 2023 class.

How UNC Basketball Betting Odds Are Calculated

Perhaps the most common odds in the US are referred to as “money line” odds, and they involve a bettor picking a winner. They’re the simplest odds to understand — generally speaking — and a good way for a prospective North Carolina bettor to dip a toe into the industry. 

In a money line wager, the favorite is represented by a minus (-) sign while the underdog is represented by a plus (+) sign. For instance, in a game in which the UNC Tar Heels are favored to win, their moneyline odds may be -130. In this case, a bettor will be required to put up $130 for the chance to net $100 in the event of a Heels victory. If the Tar Heels are the underdog in a particular matchup, their odds may be +120. In this scenario, a bettor would put up $100 for the opportunity to net $120 for a UNC upset victory. 

Oddsmakers come up with the lines after conducting in-depth research on both the numerical side of a matchup, but also intangible factors that can’t be measured as easily. It’s a complex process that even exceeds the capabilities of hardcore fans, and that’s why they’re employed by the industry’s best sportsbooks.

After the lines are released, they will be adjusted in relation to the wagers being made on a particular side — both the quality and quantity. The books want to balance their risk and ensure they’re in a position to win, and winning is what they typically do. The amount of money on a side plays a role in how the book will respond. But even more important is where/who that money is coming from. A “sharp” bettor carries more weight than the “public.”

Point spread betting is another popular form of sports wagering that North Carolina’s figure to enjoy. Point spread betting isn’t dissimilar from a money line wager, it just requires bettors to consider more than whether a side will simply win or lose. The bettor will have to decide if a side will win or lose by a particular amount.

For example, if the Tar Heels’ line is set at -5.5 — remember, the minus indicates that they’re favored — they will need to win their game by a margin greater than 5.5 points. Practically, this means they need to win by 6. Conversely, if UNC’s line is +5.5, they’ll need to lose by no more than 5 points in order to cover. Another detail new bettors should know regarding betting vernacular is that a favorite is said to be “laying” points. Meanwhile, an underdog is “getting” points.

(Click the link for more information about how UNC Football Odds are calculated.)

UNC Basketball Futures Odds

SportsbookNCAA OddsFinal FourACC Odds
DraftKings Sportsbook+9000+2500+2000
FanDuel Sportsbook+15000+3500+3500
BetMGM Sportsbook+10000N/A+1000

The North Carolina Tar Heels need to secure their place among the 68-team NCAA Tournament field before bettors can consider them among dark horse teams to cut down the nets. Winning the ACC Tournament would earn an automatic trip into the postseason spectacle. (Note: The ACC odds listed in the table above are for the Tar Heels to finish atop the conference in the regular season. Their odds to win the ACC Basketball Tournament are created separately once that tournament is set.)

UNC Basketball Prop Bets

A proposition — or simply “prop” — bet involves wagering on the odds of particular events or accomplishments that may occur during a game or a season. These events aren’t directly related to the winner or loser of a game. Prop bets are often tied to an individual player — will Player X score Over/Under a certain amount of points, for example. They can be team focused as well.

Prop bets allow bettors a way to sink themselves deeper into the action of a game, and to become invested in results beyond the final score. 

How To Bet On UNC Basketball In North Carolina

North Carolina residents anxious to wager on the North Carolina Tar Heels may want to brace themselves for a bit of bad news. First of all, prospective bettors in the state need to continue waiting for legal sports betting to arrive within the state’s borders. It’s not unreasonable to believe more progress could be made on that front in 2022, but only time will tell what steps are made in the coming months.

Even in the event of legalized sports betting arriving in North Carolina, college sports fans will need to recognize that state law may prohibit bettors from wagering on North Carolina-based college programs. So, yes, that means bettors may not be able to place a wager on UNC winning their annual matchups against Duke.

There is no indication one way or another whether this will be the case. However, if we’re to draw insight from states that have already launched legal sports betting, it’s very possible that in-state college programs will be off-limits for bettors. Bettors would still be able to bet on college sporting events as long as they don’t feature any programs that exist in North Carolina.

Live Betting On UNC Basketball In North Carolina

Live, in-game betting is a feature more mobile sportsbook apps are offering to bettors. This type of bet can be made after a game has tipped off and opens the door for more wagering opportunities. Imagine UNC enters a matchup as 10-point favorites — large spreads aren’t uncommon in college sports as the talent discrepancy can be significant — and fall into a 10-point deficit early on. The live odds may change to UNC -4, for example. A shrewd bettor who still believes the Tar Heels are vastly superior may opt to lay the new line (-4) with the expectation that they will hit their stride in the second half and proceed to record a comfortable victory.

FanDuel and DraftKings Sportsbook both offer live, in-game betting. That’s not an exhaustive list, but those two books are great mobile apps for bettors to keep in their rotation thanks to their odds and features — including live betting.

How To Bet On The NCAA Tournament In North Carolina

Those willing to make the trip to western North Carolina and visit one of the two Cherokee-owned and operated sportsbooks can bet on the NCAA Tournament. However, since we’re focusing on legal sports betting throughout the entire state — with an added focus on wagering through mobile sportsbook apps — the reality for North Carolinians is that they may have to opt for betting in a different state. Tennessee, Virginia, and Washington DC are relatively nearby and have each legalized sports gambling.

UNC Basketball Arena

The UNC Tar Heels play their home games at the Dean E. Smith Center which is located at 300 Skipper Bowles Drive in Chapel Hill, North Carolina. With a capacity of 21,750, the “Dean Dome”, as it’s affectionately nicknamed, is one of the largest arenas in the nation. Under state law, the Smith Center would be eligible to host a sportsbook. However, since it’s a college arena, it’s questionable whether a sportsbook will open onsite.

UNC Basketball Odds FAQs

How do oddsmakers set the lines for UNC Basketball?

Oddsmakers take into account a number of factors, both tangible and intangible, in order to arrive at a set of lines or odds for teams. Those factors include but are not limited to current form, injuries, and home/road splits.

Does FanDuel provide odds on UNC Basketball?

Yes. FanDuel offers odds and lines on UNC Basketball games and futures. FanDuel also provides its users with live/in-game betting.

Where can I find the best odds on UNC Basketball?

There isn’t one set book that has the “best” odds on any given team or event. Bettors should keep multiple books in rotation. While odds and lines will ultimately wind up in a very similar range, bettors can find value in the lead-up to the event. As little as half a point of difference in a line can provide a bettor with worthwhile value.

What sportsbooks are legal in North Carolina?

At the moment, no sportsbook is legal in North Carolina. When legalized sports betting reaches the state, bettors are likely to see multiple sportsbook apps launch. Among them will likely be DraftKings and FanDuel Sportsbook. We’ll continue to update developments on that front and keep you in the loop.

Where can I bet on the NCAA Tournament in North Carolina?

Technically speaking, North Carolinians can bet at one of the two Cherokee-owned and operated retail sportsbooks in the western part of the state. However, beyond that, residents in the Tar Heel State don’t have options through which to place legal wagers.

How popular is UNC Basketball?

The North Carolina Tar Heels are arguably, perhaps probably, the most popular basketball team — professional or collegiate — in the state. As a national brand that has produced a number of iconic professional players, such as Michael Jordan, Vince Carter, and Jerry Stackhouse, they possess national appeal as well.

There are also plenty of fans who consider themselves “ABC” fans — “Anyone But Carolina.” A program that has a segment of the fanbase that is passionately against it often suggests that it moves the needle quite significantly on the popularity scale.

About the Author

Craig Williams

Craig Williams is a Charlotte-based sportswriter who has worked professionally in the gaming, fantasy, and sports business industries. He’s an avid fantasy football player, managing over 100 leagues across multiple formats. When he’s not pouring over Vegas odds and statistics, he’s indulging in soccer and enjoys anything from LigaMX to Champions League.