Betting On Thanksgiving Day College Basketball 2020

Each November, as families are gathering preparing for a celebratory feast, college basketball programs around the nation are also gearing up to compete in thanksgiving basketball games occurring over the holiday weekend. Naturally, with everyone relaxing after their Thanksgiving meals, the attention often turns to college basketball betting and the odds that are offered on the games.

USA Flag With Basketball

US gamblers can bet on college basketball’s Thanksgiving games, and a read-through of our guide will prepare bettors for what they can expect when venturing to a top NCAAB sportsbook and laying down some action on the proceedings. Don’t make a bet on Thanksgiving Day college basketball without stopping here first.

Is It Legal To Net On Thanksgiving College Basketball Games In The United States?

Yes. Bettors in the United States can place a bet on Thanksgiving NCAA Basketball at either an in-person sportsbook or an offshore betting site. Gamblers that live in a US state that has regulated sports betting can place a wager at a domestic sportsbook. 

Most US bettors can access offshore sportsbooks that offer their services over the web, and are based in a regulated, international jurisdiction. Because there are no federal gambling laws that forbid US gamblers from wagering with an international betting site, bets can safely be made on Thanksgiving college basketball without fear of arrest or penalty. 

Best Thanksgiving Day College Basketball Betting Sites

SiteReviewBonus OfferUSAVisit
Bovada Sportsbook And CasinoRead Review50% Max $250Play now
Betonline LogoRead Review50% Max $1,000Play now
Sportsbetting LogoRead Review50% Max $1,000Play now
Bookmaker LogoRead Review15% Max $600Play now
GTBets LogoRead Review100% Max $500Play now
mybookie logoRead Review100% Max $1,000Play now

How To Bet On Thanksgiving Day College Basketball

If you check out all of the available betting types at an online sportsbook offering odds on college hoops on Thanksgiving, you’re likely to be overwhelmed by the sheer variety. Don’t be. Focus on the betting categories below before venturing off into the more obscure betting types for Thanksgiving college basketball betting.

Point Spread – Winners and losers are assigned a point spread that predicts how many points they will win or lose by. Winners will have a negative point spread, while underdogs will have a positive point spread. In order for bets to win, the winning team must cover the spread and win by an amount higher than predicted. Underdogs must lose by less than the spread.

Money Line – Money line odds are for folks who just want to pick which team will win the game outright. The three-digit odds will be listed in the positive for underdogs, and in the negative for favorites. A $100 bet on +200 odds will earn $200, while a $140 bet on -140 odds will earn $100.

Over/Under – This is simply the total amount of points that both teams are predicted to score. Bet on whether you think the total score will fall over or under the total score.

Parlay – Parlay bets allow gamblers to combine multiple Thanksgiving college basketball bets into one, which increases the odds and the cash payouts. If any bet in the parlay fails, the entire parlay fails.

Prop Bets – These types of bets can include odds on any occurrence during the Thanksgiving NCAA Basketball broadcasts, including whether a commentator will utter his catchphrase, the color of a coaches tie, or whether a player will make a three-pointer during regulation.

2020 NCAAB Thanksgiving Basketball Tournaments

Thanksgiving marks the beginning of the NCAA Basketball season each year, and invitational tournaments are held around the country to start off college hoops with a bang. Below are the currently scheduled 2020 Thanksgiving basketball tournaments.

NCAAB Thanksgiving

College Thanksgiving Basketball Tips & Tricks

Bankroll management is one of the first pieces of advice that we offer to all new bettors. The best way to protect your stack and stay in the action is to set a betting limit of 4% of your total purse. Staying within these boundaries will keep bettors from making hasty bets on enticing odds before building up enough experience.

It is highly advisable to belong to more than one sportsbook when betting on Thanksgiving college basketball games. This allows bettors to shop the odds and secure higher payouts on similar bets. If the Duke Blue Devils are favored to win by 10 at one site, and favored by 7 at another, you’ll want to select the one offering 7 to give yourself an easier win.

We also advise only betting on college basketball on Thanksgiving Day with funds that are remaining after all vital needs and bills and been paid for. Create a budget for your Thanksgiving basketball betting and don’t go over it. Besides, you’ll need some money to bet on March Madness and the Final Four, so don’t blow your entire bankroll making unadvisable wagers on Thanksgiving college basketball.

Mobile Betting On College Thanksgiving Basketball

The mobile betting apps offered by our premium Thanksgiving college basketball betting sites feature all of the odds from the main website in the palm of your hand. Modern tablets and smartphones (iPhone, iPad, Android) can access all of these betting options by clicking on one of the links in the table above using a current mobile browser (Chrome, Opera, Safari, Google, Firefox).

These are web-based applications that behave just like a regular app, but without a visit to the Google Play or App Store. Whether you’re at the in-laws, or on the road, as long as your device is connected to the web, you can place a bet on college basketball on Thanksgiving.

Live Betting On College Basketball’s Thanksgiving Games

Did your pre-game Thanksgiving basketball bet fail before the first half was over? No worries. You can get back in on the turkey day college hoops action with live betting that allows wagers to be placed while the game is still ongoing.

In-game college basketball bets can be made on halftime leaders, the over/under, money line odds, and much more. Bet on Thanksgiving basketball for the entire holiday week using our top-rated sportsbooks’ live betting odds.

Deposit Options For Betting On NCAAB Games On Thanksgiving

We’re not going to beat around the bush. We advise using Bitcoin (BTC) for all financial transactions with offshore sportsbooks. Bitcoin deposits enhance bonus offers, and BTC withdrawals are the only method that can be secured within 24 hours.

Bitcoin and other cryptocurrencies also feature built-in encryption that exceeds banking industry standards, and their lack of regional oversite allows for transaction speeds that cannot be matched by other methods.

Ok, with that out of the way, here are other banking options that bettors can expect to find at the sportsbook sites we recommend above.

Deposit: Debit Card, Credit Card, Wire Transfer, Cashier’s Check By Courier, Zelle, Money Transfer Services, MatchPay** (PayPal, Venmo Cash App, Zelle Pay), QB Direct, Cryptocurrency (Bitcoin, Bitcoin Cash, Cardano (ADA), Ethereum, Litecoin, Tether, Ripple)

Withdrawal: Wire Transfer, Cashier’s Check By Courier, MatchPay*, Cryptocurrency

**Bovada only for now - more sportsbooks are expected to adopt MatchPay’s services soon.

Sportsbook Bonus Offers For Thanksgiving Basketball Games

When new members first sign up to join an offshore sportsbook and make their first deposit, they’ll be greeted with generous promotional offers that enhance bankrolls with bonus cash. Bonuses range anywhere from 25% to 100% and can surpass $1,000 in some cases. You may also see reload bonuses, referral bonuses, and even seasonal bonuses and special promotons.

These bonuses are not specific to the NCAAB Thanksgiving basketball games, but they can certainly be used to boost your bankroll for betting on these tournaments.

Agreeing to a bonus is not a requirement, so read through the attached terms and conditions before accepting it.

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