As March Madness, the pinnacle event in college basketball draws near, anticipation is building. Many fans also adore the excitement of betting on the tournament and the beloved ritual of filling out a bracket. However, the March Madness betting landscape may be confusing and overwhelming for first-timers. Aspiring bracket busters have no fear; I have provided a brief outline to help you get going.
Foundational Knowledge
Bets on March Madness can be placed in a few common ways:
- Bets on moneylines state which team you think will win a certain game, with odds reflecting the relative probabilities of the two outcomes.
- Sportsbooks give the favorite team a point advantage in point spreads. You can wager on the underdog’s straight victory (plus odds) or the favorite’s victory by a margin more significant than the spread (minus odds).
- A wager on the game’s total points scored by both sides is known as an over/under total. If you want to bet on whether the final score will go over or under the sportsbook’s predetermined mark, you can do so.
- There are also a number of prop bets that may be placed on the results of specific players or the entire event.
Investigation and Evaluation
Use logic and reason in addition to your intuition! Making well-informed decisions requires research.
Examination of Team Records
Examine the most recent results, important players, and injuries.
Check out the Team Lineups
Think about the possible outcomes based on the strengths and limitations of each squad.
Look into the Latest Betting Trends and Expert Analysis
Get the inside scoop from seasoned handicappers by consulting sports betting websites and listening to podcasts.
Make a Smart Platform Selection
Make sure you’re using a legitimate sportsbook before you put any bets. Keep in mind that the point of betting on March Madness is to increase the thrill of the tournament, not to ensure a winner. I hope you have fun, be smart with your money, and root for the greatest team to win!