Read on to find out more about how to bet on March Madness, all of the college basketball games that provide the action, public sentiment on the tournament, and more.
Where is March Madness Betting Legal?
Betting on the March Madness NCAA Tournament is one of the most popular things in sports. If you want to get in on all the college basketball games, it helps to know the states in which legal sportsbooks offer you the chance to wager on the NCAA Division I tournament. Here are the states allowing you to bet on the NCAA tournament from the first round through the national championship game in April:
- Arizona
- Arkansas
- Colorado
- Connecticut
- Delaware
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Mississippi
- Montana
- Nevada
- New Hampshire
- New Jersey
- New York
- North Carolina
- Ohio
- Oregon
- Pennsylvania
- Rhode Island
- Tennessee
- Vermont
- Virginia
- Washington
- Washington D.C.
- West Virginia
- Wisconsin
- Wyoming
How to Bet on March Madness
Think you know how to pick the right teams in the March Madness bracket? Before you can implement strategies or place a wager, you need to know how to use legal sportsbooks in your state. Here is how to get started with any of the sportsbooks offering lines on the teams in March Madness.
Step 1: Choose from one of the many online sportsbooks out there. Check out betting odds, bonus promotions, and more before making your decision. You can bet at a ton of sites, so make sure to do your homework before you sign up.
Step 2: After you sign up, take advantage of bonus promotions before you play. There are certain requirements bettors need to follow before placing a bet. For example, some sportsbooks require a minimum deposit to trigger the bonus wager. Deposit enough money to cover your basis and make your first bet count.
Step 3: Now it is time to place your first bet. While a win is always key, there is more to your first bet than just the betting lines. At most sportsbooks, you will get a bonus wager if you lose your first bet. Others will provide bonus bets whether you win or lose your first bet. Likewise, make sure that you bet enough money on the matchup to cover the qualifying wager.
Step 4: Now that your first bet is in, you are set! Win or lose, you are on your way to choosing teams all throughout the March Madness tournament. Assess recent performance, scout the competition, and look at the odds throughout the tournament schedule to find out which betting odds or point spread are ripe for the taking. It is a fantastic way to up the excitement throughout March Madness and into April.
Where to Bet on March Madness Games Online
Feel confident you know which of the teams will win March Madness? Maybe you just want to get in on one of the most exciting events in sports. Whatever the case, you need to know where to go to bet and earn your next big win. Each game will be available throughout the tournament season, all the way through the NCAA Championship Game. Here is where you can pick that lower seed underdog that provides the insanity of March Madness.
FanDuel Sportsbook
Current FanDuel Bonus Offer: Bet $5, win $200 in bonus bets reward (Claim here) ⬅️
When it comes to March Madness odds, there are few places to play better than FanDuel. College basketball is one of the featured sports all throughout the season, and the NCAA tournament is no different. The betting odds are some of the most competitive out there, giving you the best value for your next win.
The layout at FanDuel makes it simple to find the next game. All of the biggest college basketball games are available, plus you can wager on first half action, second half action, the points scored by each of the two teams, and all the major betting lines. Find special promos for FanDuel here.
DraftKings Sportsbook
Current DraftKings Bonus Offer: Bet $5, Get $150 in Bonus Bets instantly (Claim here) ⬅️
With each round comes a chance to win or lose with the teams on the floor. DraftKings Sportsbook has one of the most intuitive March Madness betting sites out there, making it easy to find the best odds in each round. College basketball can feel rapid fire throughout the tournament, and DraftKings allows you to stay informed about each bet.
The March Madness promotions are tremendous, giving bettors hope to nab a huge upset alongside a lower seed underdog. With the ability to live bet along with each game, bettors have the chance to beat the system and have a win as big to match any of the teams in March Madness. Have you checked this special promo code for DraftKings?
Caesars Sportsbook
Current Caesars Bonus Offer: Get 10x 100% Profit Boost Tokens (Claim here) ⬅️
Caesars Sportsbook is a trusted name in the sports betting world. The March Madness promotions happening now allow you to make your first bet a much stronger play. Even if your strategies lose, you will get another chance to bet thanks to the risk-free bonus bet.
Caesars also has a ton of betting odds to choose from through the first round of the tournament all the way to the college basketball final. No matter who you choose, you can beat the odds and ride the momentum into the final round. Find special bonuses for Caesars here.
bet365 Sportsbook
Current bet365 Bonus Offer: Bet $5, Get $150 in Bonus Bets Win or Lose (Claim here) ⬅️
Have a feeling that Texas will make a major underdog run and find themselves in the final? Want to pick which teams will wind up in the Final Four in San Antonio? bet365 is the place to do it. The betting odds are some of the most competitive around, giving you a chance to win with every matchup.
Lines include the points spread, moneyline, and any other play you can think of. Strategies will be put to the test throughout the NCAA tournament, but everyone has a chance to wager on every game and win big with every major momentum shift. Find special promos for bet365 here.
Fanatics Sportsbook
Current Fanatics Bonus Offer: Bet & Get Up to $1,000 in No-Sweat Bets (Claim here) ⬅️
Fanatics Sportsbook may be one of the newest sportsbooks out there, but it is a great example of what March Madness has to offer. Every game and matchup is available throughout March Madness season, giving bettors the chance to win or lose with the teams in the tournament.
If you plan to play regularly, your balance can be drastically altered drastically by the rewards program. With each game you bet, you win more points that can be applied to great rewards and prizes. Strategies can win or lose, but the rewards program can do the most for your balance when playing at Fanatics Sportsbook.
Check out our special Fanatics promo code here.
Popular March Madness Betting Types
When the time comes to back some of these teams or choose the right underdog, you need to know the various bet types out there. Stay informed and check out an example of some of these bet types in the process.
- March Madness Parlays: Parlays are a huge play in March Madness. Bet on multiple teams to make the odds taller and the potential payout even bigger.
- March Madness Same Game Parlay: A same-game parlay is similar, but every bet is within a single game. Do you think one team will win, both teams will score a certain amount, and a specific score will happen? A same-game parlay is for you.
- March Madness Teasers: Looking at Texas Tech -2 but like them much better at +2? Teasers allow you to tweak the point spread to your liking with ever-changing odds.
- March Madness Futures: If you feel strongly about who will make the Elite Eight, Final Four, and the national championship game, futures are for you. Odds change with each outcome and round, so get your pick in while the odds are at their best.
- Other Popular March Madness Bets: Moneylines, point spreads, totals, and even some player props are available, providing even greater depth to March Madness.
Best March Madness Betting Strategies
Before you start riding teams – Texas seems awfully intriguing – you need to go into the process with the right strategy. You will win some and lose some, but there is more to the process than knowing how many points these teams average. If you want to pick the next underdog, it depends on the kind of strategy that you implement going into each game.
1. Basic
One of the most basic betting tenants has nothing to do with points scored or even the teams involved. It isn’t about knowing which underdog to pull out the big win. It’s about managing your bankroll properly. Doing that will keep you in the game longer and allow you to be there to place a bet in the final round.
Stick to simple betting strategies. Limit what you bet on because wagering on every game will only lead you to lose more bets than you win. Identify teams that have been playing with momentum, not necessarily scoring the most points through the season. But most of all, keep your bets consistent and avoid going all over the place.
2. Intermediate
Momentum is one of the most critical elements when choosing teams in the NCAA tournament. Some bettors wager by listening to their guts, but that will more often than not lose. The key is to have as much information on the teams as they enter a matchup.
Each game is a fresh opportunity and anyone can win. We have seen high seeds lose before seemingly at random, but there is always writing on the wall. Before the points get scored, you can and should analyze each game to see where the standout matchups are.
3. Advanced
The sharps identify a team or teams – like Texas, High Point, or Texas Tech – that can do damage as an underdog in the tournament. With advanced betting strategies, data is the key to doing better than the rest of the field. It sounds easier than it is, but the right strategy can swing the odds slightly in your favor.
Though points determine who will win or lose, the odds come from advanced analytics about the two opponents. Each of the teams has historical data behind them, something that can provide a bit of insight as to who will win and who will lose. Teams can buck those trends, but the numbers generally provide a good idea about these two opponents.
