Indiana University Odds: Latest NCAA Betting on Football & Basketball
Explore the best Indiana University betting sites online in the US, carefully chosen by our expert team to be the best available in November 2023.
A basketball blue blood in a basketball-rich state, Indiana University is a proud member of the Big Ten Conference and a staple of Midwest college sports. If you are invested in the success of Indiana sports and want to translate your fandom into sports betting, we have all your betting needs covered with a thorough examination of Indiana odds.
This piece includes coverage of current Indiana basketball odds, Indiana football odds and futures markets relating to individual awards and championship hopes for the upcoming seasons. This all-encompassing guide also covers basics such as identifying the best Indiana betting sites, how to read odds and how to bet on Hoosier sports.
We begin with an in-depth look at Indiana football and how it should fare throughout the season. If you care more about basketball, scroll down to find our betting coverage of Indiana hoops.
We’ll explain how to read the Indiana betting odds and take advantage of them with the best NCAAF betting sites and their sign-up bonuses, so buckle up for everything regarding the Hoosiers.
Indiana Football Week 1 Game Odds
Let’s kick off our breakdown of everything Hoosiers with the Indiana football odds. Indiana football finished the regular season 3-9 and 1-8 in Big Ten play. Their first game of the 2024 season will be against FIU on Saturday, August 31, 2024. Make sure you check back in as we get closer to NCAAF season to review the latest Indiana football odds.
FIU Panthers vs. Indiana Hoosiers Money Line Odds
The Hoosiers football odds for their Week 1 matchup aren't available just yet at DraftKings Sportsbook, but make sure to check back in as we approach August.
FIU Panthers vs. Indiana Hoosiers Spread Odds
The Indiana odds aren't currently available at FanDuel Sportsbook for the point spread in their Week 1 matchup either.
Indiana Football Odds: Futures Markets
Outside of the money line and spread, there are other ways to take advantage of the Indiana betting odds. There are also plenty of various Indiana football odds in the futures markets, and we have several of the popular ones below.
Indiana College Football National Championship (NCAAF) Winner Odds
As we have hinted, Indiana football odds do not share the same love and expectations as some of their Big Ten opponents. Indiana’s odds to win a national championship were tied lowest in the Big Ten East entering the season with Rutgers at +100000 at Caesars Sportsbook. For perspective, the Georgia Bulldogs are the favorites and carry a +330 price.
Again, these odds indicate you could risk as little as $0.10 and win $100 if Indiana managed to win the national title this year. Perhaps your Indiana football betting is better channeled elsewhere.
Indiana Big Ten Winner Odds
The Hoosiers are in the Big Ten where they finished last in the East Division last season. There are no more divisions in the Big Ten. The Hoosiers betting odds to win the Big Ten are not available just yet at Caesars Sportsbook.
Indiana Odds to Make the NCAAF Playoffs
Another market where Indiana football odds could become available is for them to make the College Football Playoff. Given that only 12 teams earn that distinction, their odds are long, but not quite as long as the Indiana odds to win the National Championship. Indiana's odds to make the CFB should become available as we get closer to the regular season.
Indiana Hoosiers Season Win Totals Odds: Over/Under Market
Finally, let’s take a look at the Indiana football odds in terms of their win total. Following their 3-9 season last year, it'll be interesting to see how sportsbooks price the Hoosiers. In 2023, their win total was set at 4.5, and we anticipate a similar number in 2024.
Indiana Hoosiers Heisman Trophy Odds
The Heisman Trophy odds for 2024-25 aren't available just yet, but we'll make sure to upload this page as soon as they become available. Before we transition from the Indiana football odds to the Indiana basketball odds, we first have the best Indiana betting sites and their generous sign-up bonuses listed for you below.
Best Indiana Betting Sites
Before we shift our focus to Indiana basketball odds, we present the best Indiana sports betting apps at which you can take advantage of any of the markets discussed in this piece. We must highlight that you can become a member of various sportsbooks and enjoy thousands in combined sign-up bonuses by doing so.
Most importantly, having an account at various sportsbooks allows you to compare pricing and find the best value for all Indiana odds. To make it all as easy as possible for you, we’ve provided banners for each of the top sportsbooks below so that you can get started right away.
By using our provided resources, you’ll automatically enroll in each new-user promo or the required promo code will automatically be filled in for you. So, be sure you snag each one as we swap over to the Indiana odds to win March Madness and other basketball markets.
Indiana Basketball Odds: Futures Markets
Never say never, but when it comes to Indiana basketball odds, they have always been and still are more relevant than Indiana football odds. The school has the potential to invest more heavily in the football program, but when it comes down to it, this state bleeds basketball, and fans are more than okay with ensuring this program is a nationally relevant brand.
With five men’s championships to their name (fourth most in the country) and the last undefeated squad (1976) in the sport, Indiana Hoops draws passionate fans from all over the state, country and world
With plenty of excitement and anticipation surrounding the program every year, It’s never too early to start assessing the Indiana basketball odds for the upcoming season, such as their odds to win March Madness. In the ensuing sections, we cover a variety of Indiana basketball odds in futures markets.
Indiana College Basketball National Championship (NCAAB) Winner Odds (+12000 at DraftKings)
Indiana basketball struggled with consistency last season, in part due to their outside shooting woes, but their ceiling was as high as ever when clicking on all cylinders.
The aforementioned Trayce Jackson-Davis led an inside-out duo with star freshman point guard Jalen Hood-Schiffino – also the best three-name pair in the country. Indiana found themselves as a #4-seed in the NCAA Tournament before being bounced by a streaking #5-seeded Miami team that made yet another run, this time all the way to the Final 4.
In 2023, both TJD and JHS are gone, along with some more seniors, but Indiana has been ringing in the talent through multiple channels under Mike Woodson. The next batch of stars will need to emerge from recent recruiting classes (Gabe Cupps / Mackenzie Mgbako), the transfer portal (Kel’el Ware / Anthony Walker), or returning players (Xavier Johnson / Malik Reneau) will need to take the next step.
The Indiana odds to win the NCAA tournament currently sit at +12000 on DraftKings Sportsbook. The season hasn't quite gone as they would have hoped as their record currently sits at 13-8 and 5-5 in the Big Ten.
If you want to take the Indiana betting odds in this market to the bank today, understand that a $10 bet would profit $1,200 if they cash in their odds to win the NCAA tournament.
Indiana Big Ten Winner Odds (+4000 at DraftKings)
Indiana is priced at +1400 at DraftKings behind Purdue, Wisconsin, Illinois, Northwestern, Michigan State, Nebraska and Maryland.
Indiana Odds to Make the NCAAB Final 4 (+4000 at DraftKings)
Indiana basketball odds to make the Final 4 are set at +4000 at DraftKings Sportsbook, which is 27th in the country. There is no doubt Indiana will have a talented group entering 2023, but whether they can find almost an entirely new rotation that works by the end of the year is another question.
The veterans on this team are more suited to be role players, so it's the underclassmen who will need to step up and perform like stars if Indiana is to make their first Final 4 run since 2002.
Wooden Award Odds
There are no members of the Indiana Hoosiers who have odds of winning the Wooden Award.
How to Bet on Indiana
Whether you want to bet on the Indiana odds to win the NCAA tournament, a player award future or something else entirely, we want to make signing up with each of the best college basketball or football sites as easy for you as possible. Therefore, we have a quick guide to help you easily cash in on Indiana betting odds:
- Use our provided links to navigate to the registration page
- Enter the required information, such as your name, age and email
- Create your unique username and password
- If prompted, enter the necessary promo code, such as FNEGGET if you become a Caesars member
- Make your first deposit keeping in mind the requirements of the Indiana sports betting promotions detailed above
- Navigate to your favorite sports pages to find your first selection
Betting on the Indiana Hoosiers in Indiana
Sports betting has been legal in Indiana since Governor Eric Holcomb legalized it after signing Indiana’s sports wagering bill on May 8, 2019. There are no restrictions on betting on in-state schools like Indiana University.
How to Read Indiana Betting Odds & Calculate Winnings
With a complete breakdown of the latest Indiana odds for several betting markets across football and basketball, plus the Hoosier state’s best sign-up bonuses at your disposal, we will now touch on properly reading the odds attached to Hoosier sports and how to calculate winnings.
Beginning with odds that are favored, those begin with minus signs (-), which is what the Indiana basketball odds often carry in the early going of their season. While those may not be listed yet, we can still use an example of -180 odds. In that situation, an $18 bet profits $10 as long as they win the game.
When it comes to Indiana football odds for Week 1, we can use an example in which the Hoosiers are underdogs. In this case, we use the +2000 DraftKings odds. That example means that a $10 bet profits $200 as long as they win the game. While the Indiana odds won’t always be those values, that routine can be used for any price.
FAQs
What Factors Can Influence Indiana Odds?
Factors such as recruiting, coaching changes and the transfer portal can affect Indiana’s odds to win a national championship or to win March Madness, while injuries, weather and recent performance play a factor in week-to-week or game-by-game Indiana odds.
Do Indiana Odds Change Throughout the Season?
Yes, Indiana odds will fluctuate throughout a given season no matter what, either because of the factors above or because of external factors such as the performance of other programs.
What Trends & Statistics Should I Consider When Analyzing Indiana Odds?
The worthwhile trends and statistics will vary based on each matchup, but the above factors should be heavily considered.
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