Betting
March Madness
Betting
March Madness is a favorite of most sports bettors.
Key
Points
- There
are a number of different ways when betting March Madness including
entering a bracket challenge.
- There
are a few things bettors can do to find value, but it comes down to doing
the research.
Each year, the
NCAA men’s basketball tournament is one of
the most anticipated sporting events. It ranks up there with the Super Bowl.
March Madness, as it is commonly known, is also very popular among bettors.
With 68
teams and 67 games played over a four-week period, there is a ton of betting
action. Bettors can find value in a number of different markets and can take
advantage of a variety of different bets. Keep a close watch on NCAAB
scores.
Betting
March Madness - The Bracket
One way
many people bet
on March Madness is by filling out a bracket and
paying a fee to enter a bracket challenge. The winner gets a high percentage of
the pot and his score is based on picking teams to win in each round of the
NCAA tournament.
If picking
a bracket, pick your champion first and work backwards. You get more points for
correct picks at the end of the bracket. The upsets in the first round
typically don’t mean much as those teams rarely advance past the second round.
Watch for NCAA
sportsbooks future odds to help your choices.
The
Futures Market
Don’t
forget the futures market. You can wager on the team to win the championship at
any time until the markets close nearer the championship game. Even just before
the tournament, bettors can find favorites at plus-money.
There is
always value in the futures market. There will be plenty of quality teams that
could potentially win it all in the +700 to +2500 range at America’s
Bookie. These odds will shift as games are played. Pay attention to them
and you may find the right team at the right price.
For a look
back on last year’s tournament, visit the
2021 NCAA Tournament Report.
Do Your
Homework Before Betting March Madness
In betting
Match Madness moneylines, point spreads, and totals, be sure to do your
homework first. There are a number of factors to consider like where the game
is being played. A team playing a first round game closer to its school is
likely to have more fans at a game than a team that had to travel halfway
across the country to get there.
Defense is
also a big factor. Teams that play great defense are typically able to stay in
games against much stronger competition. Teams with outstanding defenses that
are short underdogs make for great bets in early round NCAA tournament
games.
Tight
Games
If you are
betting point spreads, consider betting the moneyline in games with a tight
spread. If you like a short favorite at say -1, -2, or even -3, bet them on the
moneyline to win outright. Too often, a two-point favorite wins by one and your
spread bet loses.
With the
line so tight, your
college basketball bookie is expecting a close game. In
those cases, decide if betting the moneyline is the better call.
Find the
Dogs When March Madness Betting
The betting
public loves favorites and loves its favorite teams. Too often, a blueblood
program gets the backing of the public just because it’s the popular choice.
If you do
the work, you can find the right underdog at the right time and cash in.
Before you
head off, let’s switch it up. On our sister site, we explained NHL
pick lines.
