Updated: 2022 Oct 5
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March Madness Betting Tips

Breaking Down the Top Bets of Every Tournament Region
Breaking Down the Top Bets of Every Tournament Region
Welcome to your one-stop spot for betting tips on every region in the 2019 NCAA Tournament. Will the...

How Does the NCAA Basketball Tournament Work?

 

There are 68 available spots in the NCAA Tournament: 32 teams get in by way of winning their respective conference tournaments while the remaining 36 “at-large” teams are chosen by the NCAA selection committee, a 10-person group made up of athletic directors and conference commissioners. 

The committee takes into consideration a number of different criteria to determine the best 36 teams that did not win their conference tournament. The committee then seeds the teams 1-68, which makes up the four separate 1-16 regions (plus the four play-in games). 

This year, Selection Sunday takes place on March 12 at 6 p.m. ET. The selection show will be aired on CBS with the bracket being revealed to show the 68 teams who qualify for this year’s tournament. Games begin with the First Four on March 14-15. First-round games start on March 16-17, with second-round contests taking place on March 18-19. The Sweet 16 will be held on March 23-24 before the Elite Eight on March 25-26. Houston will host the Final Four on April 1 with the national title game tipping off on April 3. 

 


 

Check Out: Ontario Sports Betting | Alberta Sports Betting sites for legal betting options.

 


 

2023 NCAA Basketball Tournament Winners Odds

 

Duke and Kentucky are the early favorites at +1000, Arkansas, Gonzaga and Kansas at +1200 and North Carolina and UCLA at +1400.

 

 

SchoolOdds
Duke+1000
Kentucky+1000
Arkansas+1200
Gonzaga+1200
Kansas+1200
North Carolina+1400
UCLA+1400
Kansas+1400
Arizona+1600
Baylor+1800
Villanova+1800
Houston+1800
Michigan+2500
Alabama+2500
Texas Tech+5000

Odds are current as of publication and subject to change.

 

NCAA Basketball Betting

 

Betting on the March Madness 2023 Tournament

 

March Madness is one of the most wagered on events of the year. Given the number of games and the unpredictable nature of the tournament, it always draws betting interest.  

Bettors can expect to wager on point spreads, totals, futures, parlays and even in-game wagering. Expect some point spreads to reach the 30s with favoured No. 1 seeds taking on relatively unknown underdogs from smaller conferences. This can also lead to inflated moneyline odds with heavily-favoured teams. 

Depending on your location, individual player props may also be a wagering option. These can include the Over-Under on an individual's player points or rebounds totals. Some states also have individual props on who will be named the Most Outstanding Player of the tournament. 

Futures odds continue to update throughout the tournament, too. Bettors can wager on a team to make the Sweet 16, Final Four, or win the national title. Sportsbooks also give players the option to bet on which conference the national champion will come from. 

 

Enhance your experience with some of the most popular sports betting features:


 

Key Dates on the March Madness Schedule 2023

 

In order to help you better prepare for the March Madness 2022 betting, here are the key dates to make a note of:

 

NCAA March Madness

 

Tips to Consider When Betting on March Madness

 

  1. ✅ Be sure to find the best line for whatever bet it is you like to make. This can benefit in the long run, and the last thing you want is to have a 6.5-point favourite only win by six when you could have possibly gotten a –5.5 on a different sportsbook. The same idea goes for betting the Over-Under and the moneyline. If one sportsbook has the Michigan State Spartans as +195 underdogs and another has them at +215, it’s beneficial to take the higher number in case Michigan State does pull off the upset.
  2. ✅ Do your research. Sure, firing off bets on a whim can be fun but it likely won’t result in any type of long-term profitability. Your best chance to finish ahead this March Madness tournament is to research all the teams and try to find an edge. Whether that’s how a team’s perimeter defence matches up or the size and length of a roster, these are all things worth considering when trying to bet on a game.
  3. ✅ Don’t chase your losses. Games begin early in the afternoon and can go well past midnight. If you have a rough go at it early, don’t unload your entire bankroll on the west coast game tipping off at 10 p.m. Eastern hoping to make all your money back. This is not responsible bankroll management, and the last thing you want is to blow all your money on the first day of the tournament.
  4. ✅ Stay disciplined with your bankroll. This goes with the last tip but remember: the tournament spans nearly a month. There will be emotional highs and lows, and it’s important to remain level-headed and responsible with your bankroll.

 

Have Fun and Bet Responsibly

 

March Madness is one of the most thrilling events in sports and can be enjoyed further with responsible gaming. A standard bet should be 1% to 2% of your entire bankroll, meaning if you have C$1,000 bankroll, a standard wager would be C$10 or C$20 depending on your unit size. Betting responsibly is key to enjoying March Madness when it comes to betting on all the games. 

 

 

FAQ


March Madness starts on March 14-15 with the First Four games and ends on April 3 with the national title contest.

The first round takes place on March 16-17, while the second round is from March 18-19. These games will take place across the country, including in Birmingham, Ala., Des Moines, Iowa, Orlando, Sacramento, Calif., Albany, N.Y., Columbus, Ohio, Denver and Greensboro, N.C.

The Sweet 16 will be played on March 23-24.

Elite Eight games will be held on March 25-26.

The Final Four is taking place at the NRG Stadium in Houston with games tipping off on April 1.

Houston will host the national title game on April 3.

Yes, if you live in one of the states with a form of legalized sports betting.

Early odds have Duke and Kentucky at +1000, Arkansas, Gonzaga and Kansas at +1200 and North Carolina and UCLA at +1400.

Contributors

Contributors

Hi, I'm Dean Ryan

"A passionate sports betting expert and journalist with over 15 years spent in the gambling industry."

Interests
  • Sports Betting Sites
  • Odds Compiling
  • Horse Racing

Reviewer since June 2016

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