North Carolina is home to a thriving college sports scene with teams from the Triangle — namely Duke, NC State, and UNC Chapel Hill — consistently making deep runs at the national championship tournament.
Apart from March Madness, you’d be hard-pressed to find a college hoops event with a greater pull among NC fans and bettors alike than the ACC basketball tournament. A high level of interest has prompted local retail sportsbooks to incorporate ACC basketball tournament odds, among other major college basketball division tourneys.
In the 2022 ACC Championship game, the seventh-seed Virginia Tech pulled off an upset over Duke in Coach K’s final ride with the Blue Devils.
The 2023 edition of the ACC tournament will take place at the Greensboro Coliseum, the largest indoor arena in the country from March 7-11, 2023.
Many online and local sportsbooks have released lines for the title winner, and they’ll probably add some specials as the big game draws near. Using this guide, you can find the best ACC basketball odds and learn about your betting options for the North Carolina event.
ACC Basketball Odds at the Best Sportsbooks
With ACC basketball fast approaching, let’s check out the conference winner odds at some of the country’s top legal NC sports betting apps.
ACC 2023 Basketball Odds | FanDuel North Carolina Sportsbook | DraftKings North Carolina Sportsbook | Caesars North Carolina Sportsbook |
---|---|---|---|
North Carolina Tar Heels | +125 | +125 | +130 |
Duke Blue Devils | +200 | +230 | +290 |
Virginia Cavaliers | +650 | +750 | +500 |
Florida State Seminoles | +1400 | +1600 | +850 |
Louisville Cardinals | +25000 | +3000 | +1500 |
Where Can You Bet on the ACC Basketball Tournament in North Carolina?
If you are in North Carolina, you can bet on the tournament but only in person.
Sports betting got up and running in NC in 2021. In contrast to neighboring Tennessee and Virginia, which have online betting markets, North Carolina has only two retail sportsbook operators, Caesars and Catawba Two Kings Casino.
There’s cause for optimism, however, that the Old North State will legalize online and mobile sports betting in the foreseeable future based on what transpired during the 2022 legislative session.
Online Sportsbooks in North Carolina
The prospect of online sports betting was on the horizon in the Old North State during most of 2022. After SB 688 passed the Senate and House Judiciary Committee in 2021, North Carolina was expected to join the flurry of states that launched online betting markets. Ultimately, the mobile sports betting bill was defeated at the final House hearing after a series of legislative logjams and disagreements among lawmakers over college betting.
The measure would have allowed between 10 and 12 online sports betting operators to enter the market. Among them would likely be juggernauts like DraftKings, FanDuel, BetMGM NC, and Caesars, which operate in numerous US states.
Retail Sportsbooks in North Carolina
North Carolina passed a law to legalize retail sportsbooks in 2019. The first bets took place in March 2021 at Harrah’s resorts in Murphy and Cherokee, owned by the Eastern Band of Cherokee Indians. Both venues operate Caesars Sportsbooks, offering ACC basketball odds and lines on other major NCAA events.
In September 2022, the onsite sportsbook at Catawba Two Kings Casino joined the Cherokee properties as the third North Carolina betting option.
How Are ACC Basketball Odds Calculated?
Prior to learning how to bet in North Carolina on ACC basketball games, it’s important to understand the odds and payouts. But first, let’s look at how lines are set.
Regardless of the sport, event, or game, the lines at sportsbooks are devised by the head oddsmaker. Often, they collaborate with mathematicians and industry experts to create the opening line and estimate where bets will flow. Algorithms, math calculations, and advanced software systems facilitate the odds generation process.
To maintain an even distribution of action across all markets, they’ll adjust the line based on what the public wagers on. Other factors affecting line movement include injury reports, news, trade rumors, form, statistical data, and H2H trends.
US sportsbooks use American odds based on the -/+ system. The underdogs are marked with a plus (+) sign, and the number next to that side shows how much money you’d win for a $100 wager. The figure attached to the perceived favorite is a negative (-) number and quotes how much you need to bet to win $100.
Let’s demonstrate how this works via examples.
- You bet $110 on Duke listed at -110 and won. Your payout, in this case, would be $100.
- You bet $100 on North Carolina at +100. Your payout in this hypothetical matchup would be $100.
The difference in pricing between sportsbooks sometimes opens the door to value bets. There’s no guarantee that one sportsbook will always have the best sports betting odds in North Carolina. So, you should check the lines at multiple operators.
ACC Basketball Futures Odds
Betting on college basketball futures refers to wagers on events that’ll be decided later in the season rather than just one specific game. An example is the NCAA championship winner odds, where the sportsbooks list the top favorites in a moneyline format. North Carolina is currently a strong favorite to win the national title at +800.
Most US books have odds on winners of individual NCAA conferences, including ACC. According to the current odds, Duke and North Carolina are set to play another epic Final Four matchup.
What Kind of Bets Can Be Placed on ACC Basketball?
Futures markets have the best odds on ACC basketball regarding payout potential. Although futures bets can be very lucrative, they’re incredibly difficult to hit in sports as competitive and volatile as NCAAB.
That said, there are lots of other ways to bet on the tournament, including:
- Moneylines: Predict the game’s outcome. Moneyline odds are available at most sportsbooks for all regular season and postseason ACC basketball games.
- Point spread: Bet on how many points you believe an ACC team will win or lose the game by. Considering Duke has a -6.5 line, they must outscore their opponents by at least 7 points to cover.
- Over/Under: This bet revolves around predicting the final score. More specifically, you put money on whether there’ll be more or fewer points scored in an ACC basketball game than what the sportsbook’s totals line indicates.
- Parlays: Combine multiple wagers to create a parlay. The more selections you add to a parlay, the bigger the potential payoff. If only one selection falls short, the entire parlay loses.
- Round robins: This large combo bet is made up of several smaller parlays. Not all selections must hit for RR to be declared successful.
- Teasers: This parlay allows the bettor to move the point line for totals and spreads with a slightly reduced payout.
How to Place a Prop Bet on ACC Basketball
Betting on ACC basketball stems far beyond placing wagers on game outcomes. With prop (short for proposition) bets, you can have action on miscellaneous stuff that isn’t related to the outcome.
The prop betting menu for NCAAB isn’t as nearly as diverse as for NBA, but there are still various exciting options to dip your toes into. Depending on the sportsbook, you may find ACC basketball prop bets like:
- First basket scorer
- Will the game go to overtime (Yes/No prop)
- Race to X points
- Over/Under lines for key stat categories: points, rebounds, and assists
How to Bet on ACC Basketball in North Carolina
As it stands, you must go to one of the three retail sportsbooks in NC to get your bets down on the ACC basketball tournament. Caesars Sportsbooks have self-service kiosks for a more convenient way of placing sports bets. You select your wagers and feed cash into the terminal through a touch screen. Then, the kiosk prints out the ticket along with your remaining balance.
Online sportsbooks use a different method. The first step is to create an account with your chosen operator. During the registration process, you must provide your personal information and the last four digits of your SSN. If the sportsbook can’t verify the provided details, you can’t complete the sign-up. Bettors must be 21 years or older.
Then you need to top up your newly-created account. Typically, the sportsbook will offer several payment methods, including mainstream banking options like PayPal, ACH, and credit cards. Deposits are processed instantaneously.
At this point, you should be able to claim the welcome bonus, which may come in the form of a second-chance bonus bet or a match deposit bonus. There may also be some North Carolina sports betting bonuses for the ACC basketball tournament for you to take advantage of.
Betting on ACC Basketball Tournament in North Carolina
As far as ACC basketball betting in NC, it comes down to several options. You can bet on the tournament winner, bet on specific games before they begin, or place wagers on games that are underway. You can bet on any ACC basketball team, not just the local Duke or North Carolina.
ACC Basketball Tournament Partnerships
The ACC basketball conference didn’t sign any partnership deals with sports betting operators or any university from North Carolina.
ACC Basketball Tournament FAQ
Betting on ACC basketball is immensely popular in NC, second only to March Madness betting as far as NCAAB goes.
The best odds for the ACC basketball tournament are typically found in the futures bracket, namely championship winner odds.
No, DraftKings doesn’t offer its online sportsbook in North Carolina yet. If you want to bet with DK on the ACC basketball tournament, you must travel to neighboring Tennessee or Virginia.
Yes, you’ll find ACC conference winner odds at Caesars Sportsbooks.
All three brick-and-mortar sportsbooks have odds on college sports: Harrah’s Cherokee Casino Resort, Harrah’s Cherokee Valley River, and Catawba Two Kings Casino.
No, FanDuel Online Sportsbook isn’t available in North Carolina. It’ll surely be one of the first sportsbook apps to launch in the state when the online sports betting market lifts off.