The Basketball Tournament is set to kick off this weekend, and it will be the first live basketball action since the middle of March. Sports bettors missed out on betting on the NCAA Tournament and months of the NBA season, but this will give them a chance to get back in the game.
Earlier this week, The Basketball Tournament (TBT) announced a partnership with FanDuel, that will make the sports betting giant the official betting partner of the event. FanDuel Sportsbook has been looking for live sports to offer as well, and this partnership will benefit both groups.
TBT is an event that is held every year, and there are normally 64 teams in the field. COVID-19 has forced TBT to scale the tournament down to just 24 teams, and all of the games will take place in Columbus, Ohio.
Teams from all over the country applied to be selected to the 24-team field, and there is a $2 million prize to the winning team. Most of the teams are made up of former collegiate or professional players, and bettors will recognize a large number of the participants.
FanDuel Sportsbook will offer both sports betting and DFS contests centered around TBT. In return, FanDuel Sportsbook will have signage throughout the gymnasium, and they will get advertising rights during television broadcasts.
Sports bettors will have to learn a few different rules before placing bets on each game of TBT. The biggest rule change is what is known as the “Elam Ending,” which was used in the 2020 NBA All-Star Game.
What Bets Will Be Offered?
FanDuel Sportsbook is set to offer single-game betting for each game of The Basketball Tournament, as well as offering Future betting odds. Many different betting options will be available for each game, and live betting will also be offered.
Fans that prefer the DFS style of betting can also find several betting options listed for each day of TBT. FanDuel Sportsbook has announced that these contests will be very similar to what takes place during each day of the NBA season.
The Basketball Tournament will give bettors a chance to bet on some basketball action before the NBA is set to resume later this year. Here is a list of a few of the single-game betting options set to be offered from FanDuel:
- Total (Over/Under)
- Live Betting
- Prop Betting
The Basketball Tournament – Outright Odds to Win Championship
Since FanDuel Sportsbook is the official betting partner of TBT, they have released their outright odds to win the Championship. All 24 teams are listed on the site, but there is a pretty clear group of teams expected to win the tournament.
Here are the latest odds provided by FanDuel Sportsbook:
- Overseas Elite +190
- Carmen’s Crew +390
- Golden Eagles +600
- Boeheim’s Army +700
- Eberlein Drive +1300
- The Money Team +1300
- Challenge ALS +1600
- Team Hines +1600
- Everyone Else +2300 or Higher