Conversely, if you were going to gamble on the underdog Wolverines, you’d get a $170 profit. If you bet $100 on favored Gonzaga in this example, you’d get a profit of $50. Here’s an example of college basketball moneyline odds with the Gonzaga Bulldogs as a heavy favorite over the Michigan Wolverines: The bigger the number (either positive or negative) the heavier the favorite or underdog the team is. Reading college basketball odds is pretty simple, when reading moneylines the favorites are denoted by a minus sign (-) and the underdogs a plus sign (+). There are many different options for college hoops betting, but the easiest college basketball odds to understand are moneyline odds. Video Poker Guide: Play the Best Online Video Poker Games.