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п»їHow to Bet on March Madness.
The Big Dance is quickly approaching, and many who are new to sports betting are asking us how to bet on March Madness . We wanted to create a page to help you get a grasp of the basics for the NCAA Division I basketball playoffs.
March Madness showcases the top 68 teams in a single-elimination bracket tournament for three weeks in March. 67 games will be played in that time frame, which packs a lot of betting opportunities into a tight, almost chaotic timeframe.
The teams are seeded based on their regular-season standings, into 4 divisions, with 16 teams per division. The tournament starts with the “First Four” which contests the lowest-ranked teams to determine who will win the No. 16 seeds for the first round of 64. The first and second rounds knock the competition down to the Sweet 16, then the Elite Eight, and Final Four.
The NCAA Basketball Championship will be held on April 6, 2020, in Atlanta, Georgia.
The betting opportunities are optimal - with up to 20 games per day, you can make some bank on parlays if you are feeling risky. Selection Sunday is on March 15th, 2020 and will determine where teams are seeded and bracket contests will open up, along with betting lines. Brackets need to be submitted before the first game of the first round of the playoffs on March 19, 2020.
If you’re new to betting, read on - we have plenty of NCAA Basketball betting tips and some 101 content that can help you learn how to bet on March Madness.
March Madness 2020 Schedule.
Selection Sunday: March 15 First Four: Tuesday and Wednesday, March 17-18 NCAA Tournament Round One: Thursday and Friday, March 19-20 NCAA Tournament Round Two: Saturday and Sunday, March 21-22 Sweet 16: Thursday and Friday, March 26-27 Elite 8: Saturday and Sunday, March 28-29 Final Four: Saturday, April 4 National Championship Game: Monday, April 6.
March Madness Betting Types.
If you’re new to online sports betting, or just betting in general and want to learn how to bet on March Madness, we recommend sticking to the three main betting types : Moneyline, Point Spreads and totals.
Of course, there are plenty more options available than just these three, like props and futures, but let’s stick to the March Madness betting basics today:
How to bet on the March Madness Moneyline.
Picture this, a March Madness match up between Michigan and Villanova, and you log into your sportsbook and see these odds:
Your job is to figure out which team will win straight up. Simple enough, right?
The oddsmakers have set the odds based on who they think will win the game , and labeling the team with the negative number (in this case Villanova) the favored team to win. This makes Michigan the underdog, and if you pick them and they win, you will win $145 off of a $100 bet. If you chose Villanova, your winnings would only equate to about $68.
Betting the moneyline in March Madness is simple enough , and you are likely already doing all of the research for your March Madness Bracket, so sticking to your picks and doubling down on a few moneyline bets will make it a little more exciting!
How to Bet on March Madness Point Spreads.
Betting the point spread can be a bit more tricky, but a fun bet nonetheless.
The sportsbook’s oddsmaker will decide on a spread based on the matchup, and your job is to determine if the team you select will cover the spread .
For example, if we are using the Michigan and Villanova example above, and Villanova is still the favorite and the oddsmakers project a 10 point spread, their odds would look like this:
If you think Villanova will beat Michigan by more than 10 points, pick Villanova. When it comes to Michigan, they are essentially awarded a 10 point lead before the game even starts, so for a bet on them to cash, they have to beat Villanova, or lose by less than 10 points.
This sounds easy enough, but as we all are aware, March Madness can be extremely unpredictable, and some spreads can be very low, like one or two points which can make your choice very tough!
How to Bet March Madness Totals.
Betting the totals can be one of the easier options when it comes to March Madness betting, but at the same time, it can be fairly risky depending on how accurate your sportsbook’s oddsmakers are.
The oddsmakers will choose a total number of points that they think both teams will score collectively , and you have to decide if the actual total will be higher or lower than their number.
For example, if the same teams above are playing and the total is 145, and the final score was 82-71 (153) you would have won if you picked the OVER.
This wager is a great option for those who aren’t overly familiar with the teams playing and can be a great place for those who don’t follow basketball to get in on the March Madness betting action.
March Madness Parlay Bets.
As mentioned above, March Madness is a great time to combine some odds together into a parlay ticket where you can maximize the odds to generate more winnings. On some days, there are 20 games per day, which can help you win BIG if you make the right picks!
To create a March Madness parlay ticket, you simply need to combine two or more of the betting types above, which combines their odds as well. You can mix some underdog point spreads with a few moneyline favorites, and a total to even out the odds and make it worth your while.
The only catch is that all legs of your bet have to cash to win. Even if one game is a push, let's say you selected the underdog on that 10 point spread, and they lost by exactly 10 points, your entire ticket is a dud.
March Madness Bracket.
Most sports fans will participate in some sort of March Madness bracket contest or pool , regardless of their college basketball knowledge. Most newbies can start browsing some content from college basketball beat writers in early March, to get a good vibe of the teams, and once Selection Sunday rolls around and the teams are announced, do some more in-depth research.
Where teams are seeded will play a huge role in how your March Madness bracket pans out - as there will surely be some lopsided matchups, as well as some really big upsets. The odds of picking a perfect March Madness bracket are slim, but not impossible. Research, and following some of the shark’s leads will help you with your picks in the long run.
It’s very possible to win your pool or a contest without a perfect bracket. If you’re entering a point-based contest, you do have a margin of error but it really matters on who else is in your pool and their scores.
Our main recommendation to new March Madness bettors or even bracket players is to not pick too many upsets in the first round of the playoff tournament. Yes, it’s single elimination and there are upsets in the first round, but the main bulk of upsets don’t come until the Sweet Sixteen and Elite Eight rounds.
Don’t forget to have fun with your March Madness Bracket and take a few risks!
Online March Madness Contests.
If you’re looking to enter some March Madness contests , there are so many online sportsbooks that offer some fun, and even free, online contests for players who want to try their luck against thousands of other college basketball fans.
Head over to our March Madness Contests page for a more in-depth review of the 2020 March Madness contest offering from online sportsbooks.
Betting on March Madness Futures.
As soon as they concluded the tournament in 2019, the March Madness Futures odds were released almost instantaneously. A futures bet is when you place a wager on a team long in advance to win the tournament, or even make it to the final four. Sportsbooks offer these with inflated odds as it’s really difficult to predict what is going to happen so far into the future.
These tickets pay out well if you do make the correct guess. And the sooner you lock in your bet, the better, as the odds continuously change during the regular season. Taking a team before they start to get hot? You could win hundreds or thousands on a $10-30 bet.
As of March 9, 2020, Heavily favored teams to win the title include :
March Madness Betting Sites.
Selecting the right sportsbook for your needs is one of the more daunting tasks when you decide to become a sports bettor. There are so many options available, and so many factors to consider.
Luckily, you have us to do all of the work for you . We have experts comb through and use various sportsbooks ourselves, which help us write sportsbook reviews that can help you make the right choice for your needs.


Top 7 March Madness Sportsbook Bonuses.
The reality is that sportsbook bonuses are available all year long but there are definitely better deals depending on the time of year. The best time to bankroll up, or just try that new betting site you have been considering, is late August through September. That’s the time of year when the online sportsbooks will get the most bang for their buck. The players they draw in with juicy offers will often bet from football to the end of basketball. That means the books can afford to spend more on incentives.
The second best time to find a deposit bonus? Right. Now. For the sports bettor, March Madness means Bonus Madness. There are always sweet deals up until the Sweet Sixteen. Sometimes the bonus is not just about a big flashy deposit percentage but about the terms being much more favorable. For example some bonuses will keep the same percentage of 50% all year but the value varies based on the the rollover and the hoops players have to jump through. Think new car at a great price at 10% financing but before end of the year in December…0%! For more on rollovers, terms and conditions, and getting the most free cash, bookmark the Predictem Sportsbook Bonus Guide. Or, read each bookmaker’s individual review. Now let’s take a look at the top 7 March Madness Bonus promo offers.
#1 March Madness “Parlay Bonus” from Intertops.
First Online Sportsbook.
Great betting menu Online for Over 20 Years.
Value : Up to $600 Here at Predictem we preach about not betting into poor parlay odds. Not getting the best odds means you simply need to win at a higher rate to become profitable. But every once in a while there is a parlay promotion that requires no math… a real no-brainer. Modest parlay bettors should grab this deal if eligible. In a nutshell, Intertops will will pay you $50 extra for each 4 team parlay you win up to 12 parlays. You only have to risk $15 per parlay. So, if you are already a parlay bettor, that’s a free $600!
#2 “March Madness 50% Bonus” Also From Intertops.
Value : $100 Intertops is also offering their standard 50% bonus. They market this one as the “March Madness” bonus but really it is their same football bonus except the max has been lowered form $200 to $100. If you need bonus funds now for college hoops, it’s still a good deal, and one of the best. The play-through, aka rollover, is only 4x!
#3 “March Madness 50% Bonus” from Bovada.
Friendliest Sportsbook & Best Betting Software Bet Here.
Value : $250 Bovada is one of those sportsbooks that typically keep their bonus at $50% but change the other details. The max allowed will move from $250 to $500 at times and the rollover will fluctuate from five to ten times. Right now the rollover is only 5x making Bovada’s offering the best deposit bonus out there in our opinion.
#4 “50% March Madness Special” from Wagerweb.
Pay less per bet & get largest betting menu Bet Here.
Value : Up to $1,000 WagerWeb has a great March Madness Special for bettors that like to rapid fire and bet larger than the average punter. WagerWeb will bonus you up to $1,000 at a rate of 50%. The catch? The rollover of the bonus+deposit is 15x so you’ll need to wager at least $45,000 before cashing out if you take the max offered. An above average sized bettor may bet $250 or more at a time and make 4 bets each night. He will still need to be prepared to bet for at least a month and a half before needing that cash!
#5 50% Free Play “March Madness” Bonus from MyBookie.
50% Free Play Offer.
$1,000 Sign Up Bonus Free Play - 10X Rollover.
Value : Up to $500 (free plays are worth half of cash bonus) The good news is the rollover is only 10x. The bad news is that the bonus is a free-play so it is worth about half as much as the number it represents unlike the offers above. Still, a lot of free money to use with all the basketball this month at a solid sportsbook with unique betting offerings.
#6 BetOnline’s “50% March Madness Special”
Highest College Limits.
A Top Sportsbook For High Limits Bet Here.
Value : Up to $500 (free plays are worth half of cash bonus) BetOnline recently released their new March madness offer of 50% free play up to $1,000. It mirrors the Mybookie offer above so players are best served by checking the betting offerings to see what sportsbook better suits them.
#7 YouWager’s 50% March Madness Free Play.
Create Your Own Prop Bets.
Value : Up to $250 (free plays are worth half of cash bonus) YouWager is the third on our list that has a 50% free play offer. The only difference in terms is the max bonus amount is $500 versus those above that max at $1000. Still, definitely a worthy inclusion to our March list. With or without a bonus, Youwager is considered a must-have sportsbook.




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