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The Best March Madness Betting – Get Over $5,000 at March Madness Betting Sites

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March Madness is firmly established as the largest betting event of the year in the United States. The American Gaming Association estimates that more than 47 million people wager on the tournament each year, with the handle eclipsing $8.5 billion. This March Madness betting guide helps you maximize your chances of earning a profit while watching the NCAA Division 1 Men’s Basketball Tournament unfold.

The Top 10 Sites for March Madness Betting

Several states have now legalized online sports wagering after a federal ban called PASPA was overturned in 2018. However, many of them do not permit betting on in-state college teams. Meanwhile, monopoly rules mean that bettors in jurisdictions such as Florida, Oregon and Washington DC are left at the mercy of sites with poor March Madness betting odds.

For all of those reasons, most Americans choose to enjoy March Madness betting at offshore sportsbooks that are based outside of the country. These March Madness betting sites offer several distinct advantages, including attractive odds, great bonuses and rapid crypto payouts.

However, it can be difficult to separate the high-quality, elite March Madness betting sites from the scam sites that fail to pay customers their winnings. Fortunately, we have done all the hard work for you.

These March Madness betting sites are available to bettors across the country. They all offer large bonuses, competitive March Madness betting lines, and quick, secure, reliable payouts.

These are the top 10 all-round March Madness betting sites:

  1. BetUS – A large sign-up bonus for March Madness 2022 betting fans
  2. Bovada – Lots of NCAA March Madness betting props
  3. MyBookie – Attractive March Madness betting odds
  4. xBet – A great site for beginners to March Madness betting
  5. BetOnline – Early March Madness betting lines
  6. Sportsbetting.ag – Early NCAA March Madness lines and great bonuses
  7. BUSR – High-quality March Madness betting odds on futures markets
  8. GT Bets – Appealing March Madness betting bonuses
  9. Intertops – Runs a popular March Madness bracket contest
  10. BetNow – A strong all-round March Madness 2022 betting site

The Top 5 Sites with March Madness Betting Odds

Now that you’ve seen our top ten list of the best March Madness betting sites around, take a look at each of our top 5 in more depth.

1. BetUS – A March Madness Betting Site with a Large Bonus and Lots of Props

BetUS is one of the world’s best sites for NCAA March Madness betting odds. It covers all the games at the tournament in extensive detail, and it provides more game props than most of its rival March Madness betting sites.

It also has a great feature called “Matchup”. You can click on it to see a wealth of useful stats on any March Madness game, including team stats, player stats, ATS trends, and over/under trends.

betus homepage

BetUS is billed as “America’s favorite sportsbook”. It has been operating since 1994, and it has always offered competitive odds on March Madness games.

If you would like to join BetUS, you can use our BetUS bonus code to claim a 200% sign-up bonus worth up to $2,500. That includes up to $1,875 for the sportsbook and $625 for the casino. The sportsbook bonus comes with a 15x rollover requirement. This bonus is only for crypto deposits. Your funds will then immediately be converted into USD. If you wish to use an alternative deposit method, you will be offered a 125% welcome bonus.

BetUS is one of the best options for NCAA March Madness bettors, because of the breadth of its wagering options and its large bonuses. We recommend signing up for accounts with BetOnline, BetUS, B0vada and a couple of the other sites mentioned in this March Madness betting guide. That means you will always be able to claim the best available March Madness betting lines on every single game.

Pros:

  • Very appealing large welcome bonus
  • Attractive March Madness odds on moneylines and props
  • Fantastic March Madness live betting section
  • Superb mobile site
  • Provides an abundance of useful NCAA March Madness stats

Cons:

  • Large playthrough requirements

2. Bovada – The Broadest Variety of March Madness Betting Lines

Bovada is one of the world’s most popular college basketball betting sites. It is easy to see why. This online sportsbook provides more March Madness betting options than any of its key competitors. It also offers an extremely sophisticated user experience, early lines and fantastic promotions.

Bovada’s homepage

The March Madness betting pages at Bovada are beautifully designed. You will see your various betting options displayed in a neat, user-friendly manner. The design initially looks a little simple, but it is actually very elegant, and it runs on high-quality software.

Rival March Madness betting sites allow you to buy and sell points, but that can be a painstaking process. Bovada stands out by presenting you with a clear list of alternative spreads and totals, making the wagering much easier and saving you time. You can also bet on team totals, first half markets, winning margin, and whether the game will go to overtime.

Our Bovada bonus code entitles new customers to a 100% deposit match sign-up bonus worth up to $750. That is smaller than the offers available at the other sites with NCAA March Madness betting odds featured on this page, but it comes with less onerous rollover requirements. There is also a great loyalty program for customers.

Pros:

  • More March Madness betting lines than its rivals
  • Lenient rollover requirements
  • An elite user experience
  • A fantastic mobile site
  • Superb loyalty program

Cons:

  • March Madness moneylines are often more attractive elsewhere

3. MyBookie – Great for Newcomers to NCAA March Madness Betting

MyBookie is a perfect March Madness betting site for beginners. It offers a clean, simple interface, a large bonus, and lots of March Madness betting picks within its lively blog.

MyBookie page

Our MyBookie promo code entitles you to a match deposit sign-up bonus worth up to $1,000, which comes with a 10x rollover requirement. If you are not a fan of rollovers, you can instead opt for a 10% cash bonus up to $200. Any winnings you earn after placing your bonus wager will be paid in cash, as it has just a 1x rollover requirement.

MyBookie also has reload bonuses, and a fun loyalty program. It previously offered wild rewards including flamethrowers and noodles, but it has now toned things down, and it offers free bets when you have accumulated the requisite number of loyalty points.

MyBookie is a slick, modern March Madness betting site, with attractive design cues and simple navigation. It is not as quick to provide March Madness betting lines as BetOnline, and it offers fewer betting options than Bovada and BetUS, but it does have competitive March Madness odds, so it is worth adding it to your rotation.

Pros:

  • Very user-friendly
  • A cash bonus with a 1x rollover requirement
  • Excellent loyalty program
  • A fantastic March Madness betting strategy blog

Cons:

  • Lacks prop bets

4. xBet – A User-Friendly Site with Appealing March Madness Betting Odds

xBet is another user-friendly March Madness betting site that should appeal to beginners and anyone that wants to place wagers as quickly as possible. It is a sister site to MyBookie, and they are practically identical, although they offer different bonuses.

xbet homepage

The flagship xBet promo code offer is a 100% welcome bonus worth up to $500. This is smaller than MyBookie’s $1,000 bonus, but the xBet offer comes with just a 7x rollover requirement, which is naturally a lot easier to complete. xBet also provides an attractive reload bonus for anyone betting on the March Madness schedule.

It does not offer many betting options on March Madness games, although you can find team totals on most games. It is perfect for anyone looking to bet spreads and totals on a no-nonsense platform, and the mobile site works well.

Pros:

  • A quick and simple user experience
  • Reliable payouts
  • A compelling welcome bonus with a 7x rollover
  • A trustworthy reputation

Cons:

  • Slower to release March Madness betting odds than rivals

5. BetOnline – A World-Class NCAA Basketball Betting Site

BetOnline makes a great option for anyone that wants to bet on March Madness 2022. It is generally one of the first sportsbooks to publish overnight March Madness betting lines, and its March Madness betting odds are very attractive.

betonline homepage

BetOnline will provide new customers with a 50% free play welcome bonus worth up to $1,000. You can claim this offer by visiting the site, registering an account, and using our BetOnline code. You can claim a 100% welcome bonus up to $1,000 if you use crypto as opposed to a credit card or bank transfer, and BetOnline will give you a further 5% if you use Bitcoin instead of an altcoin.

BetOnline does not offer prop bets on most college basketball games. You will find a single spread, moneyline, and total on the full game, and a spread and total on the first half. However, it does provide more March Madness betting lines on the games in the latter stages of the NCAA Men’s Division 1 Basketball Tournament.

BetOnline is one of the world’s quickest NCAA March Madness betting sites to process payout requests. You will often receive your funds within just a few hours if you opt for a cryptocurrency payout. The site enjoyed a sweeping makeover in 2020, so it now provides an elite user experience that can rival any online sportsbook in the world. It is also great for high rollers, because you can re-bet on every game, meaning there are essentially no limits.

We make it the best March Madness betting site in the business, and we highly encourage you to sign up for an account ahead of March Madness 2022.

Pros:

  • Early March Madness betting lines
  • Competitive March Madness odds
  • Terrific user experience
  • A large crypto welcome bonus
  • The ability to re-bet

Cons:

  • High rollover requirements on bonuses

March Madness Betting Sites Compared

The March Madness betting sites mentioned on this page have different strengths and weaknesses. For example, BetOnline is the quickest to post its March Madness betting lines and it has a re-bet function, which makes it very popular with sharp bettors.

Anyone looking for variety should head to Bovada because it offers a wealth of props on March Madness games today. However, Bovada’s March Madness betting limits are relatively low, so it is a site for casual bettors as opposed to high rollers.

BetUS is a great all-rounder, because it publishes lines reasonably early, it offers more props than most rivals, the user experience is great, and it welcomes a broad array of bettors, while it also provides large bonuses. Intertops is another strong all-rounder, with an excellent user experience and a fun $25,000 March Madness bracket 2022 contest.

MyBookie and xBet are good options for beginners, as they make the process of betting on the March Madness bracket 2022 very quick, simple, and efficient. They are slower to post lines than the other sites mentioned on this betting odds March Madness page, and they provide fewer betting options, but they make life easy for bettors, and they offer great bonuses.

We must also give a special shout-out to Bovada for regularly offering better odds to win March Madness than its competitors. BUSR also has competitive odds to win March Madness in its futures section. However, these sportsbooks tend to provide opinionated futures lines, so you will find one site offering better odds to win March Madness on a particular team than all of its rivals, meaning it pays to sign up for accounts with a variety of US sportsbooks.

This guide helps you understand the key attributes of the various March Madness bracket 2022 betting sites:

Sportsbook Sign-Up Bonus Early March Madness Lines Lots of Prop Bets March Madness Bracket Mobile Sportsbook U.S. Restrictions
BetOnline 100% up to $1,000 Yes No Yes Yes None
BetUS 150% Up to $7,500 Yes Yes Yes Yes None
MyBookie 100% up to $1,000 No No No Yes NJ, NV, NY, PA
Bovada 100% up to $750 Yes Yes No Yes NJ, NV, DE, MD
xBet 100% up to $500 No No No Yes NJ, NV, NY, PA

March Madness 2022 Betting – All You Need to Know

March Madness 2022 will begin with the First Four on March 15 and 16. The games will take place at the University of Dayton Arena in Ohio. The 64-team March Madness bracket 2022 will then be set. If you are wondering, when does March Madness start? Mark March 15 in your diary.

The First and Second Rounds will be held on March 17 and 19 at Moda Center in Portland, Oregon, KeyBank Center in Buffalo, New York, Gainbridge Fieldhouse in Indianapolis, Indiana, and Dickies Arena in Fort Worth Texas, and on March 18 and 20 and Fiserv Forum in Milwaukee, Wisconsin, Bon Secours Wellness Arena in Greenville South Carolina, PPG Paints Arena in Pittsburgh, Pennsylvania, and Viejas Arena in San Diego, California.

The Sweet 16 and Elite Eight will be held between March 24 and March 2017. The West Regional games take place at Chase Center in San Francisco, California. South Regional games will be held at AT&T Center in San Antonio, Texas. The East Regional will be at Wells Fargo Center in Philadelphia, Pennsylvania, and the Midwest Regional will be at United Center in Chicago, Illinois.

New Orleans will host the Final Four and the National Championship game for the sixth time, having previously hosted in 1982, 1987, 2003, and 2012. The games will be held at the Caesars Superdome on April 2 and April 4.

To watch March Madness, bear in mind that CBS and Turner Sports will share US broadcasting rights for the tournament. TBS will televise the Final Four and the National Championship game, allowing you to watch March Madness action from the comfort of your own home while betting on March Madness live.

March Madness Bracket Betting

More than 36 million Americans filled out a 2021 March Madness bracket, according to research from the American Gaming Association. That made 2021 March Madness bracket betting even more popular than traditional wagering. Some people take part in low-key bracket contests at work or with friends, but it is better to opt for a sophisticated, organized March Madness bracket contest at a leading sportsbook.

The BetOnline March Madness bracket is very popular. Its 2021 March Madness bracket offered $100,000 in cash prizes, and entry was just $15. The college basketball fan that makes the most correct predictions wins the top prize of $15,000. The top 300 brackets all win cash prizes. Even brackets 201 to 300 land a $125 payout, which is a strong return on a $15 investment.

All prizes are paid in cash, with no rollover requirements. You can withdraw it immediately, or use the funds to place bets.

MyBookie runs a similar tournament called the MyBracket Contest. It is similar to BetOnline’s contest, in that you must make March Madness predictions on all 63 games in the March Madness 2022 schedule.

The main difference is that entries cost $10 as opposed to $15. The $100,000 prize pool is also divided up differently, with a top prize of $25,000, four-figure payouts for the second, third, fourth and fifth best brackets, and cash prizes for 750 brackets in total.

BetUS was offering $1 million to any bettor that could come up with the perfect March Madness bracket in a fun promotion. It is worth noting that nobody has ever devised a perfect bracket. The odds are as high as 1 in 9.2 quintillion. However, Gregg Nigl correctly predicted the first 48 games in 2019, so somebody may pull it off one day.

You can enter the MyBookie March Madness bracket contest 50 times. That requires a total investment of $500 and a lot of March Madness predictions, but it would be worth it if you landed the top prize of $25,000.

The sportsbooks have not yet released the details of their March Madness 2022 brackets, but they are pretty consistent year-on-year, so we should expect large cash prizes to be offered.

March Madness Betting Tips

The ultimate aim for college basketball bettors is to earn a profit while watching March Madness games unfold. Our March Madness betting tips can help you maximize your chances of securing a profit.

Shop Around for March Madness Betting Odds

You will reduce your chances of securing a profit during March Madness if you stick to just one online sportsbook. The sites listed on this page are reasonably consistent with their NCAA March Madness betting odds, but they often diverge. It is always worth checking out the odds available at BetOnline, BetUS, Bovada, MyBookie and Intertops and choosing the best lines. You should hold multiple accounts, allowing you to place bets quickly, before the lines change. This futures betting chart, compiled near the start of the 2021/22 season, highlights the discrepancies between different sportsbooks:

Team BetUS NCAA Championship Futures Odds Bovada Futures Odds MyBookie Futures Odds xBet Futures Odds BetOnline Futures Odds
Gonzaga +550 +600 +980 +980 +500
Kansas +1200 +1200 +1650 +1650 +900
Duke +1400 +1200 +1690 +1690 +900
UCLA +1100 +1200 +1390 +1390 +900
Villanova +1600 +1400 +1550 +1550 +1200
Purdue +1400 +1400 +1510 +1510 +1200
Memphis +1400 +1500 +2510 +2510 +1400
Texas +1400 +1600 +1500 +1500 +1400
Kentucky +1200 +1600 +1970 +1970 +1600
Michigan +1000 +1400 +2270 +2270 +1600

Consider a Variety of Options

You should also consider the breadth of wagering options at your disposal when making your March Madness betting picks. Most bettors stick to spreads and totals, but team totals, half betting and prop bets on March Madness games today can provide a great deal of value.

Also consider March Madness live betting. This allows you to watch the opening stages of a game, get a feel for the action, and place bets from a position of strength.

Choose Opportune Moments to Bet

Many bettors like to place bets as soon as the lines are published. It is therefore helpful to hold an account with a site like BetOnline, which is quick to release its March Madness odds.

The lines tend to move in the buildup to a game. The betting public often goes hard on one particular team to cover, and the sportsbooks react by moving the line.

For example, Gonzaga might open as the 3.5-point favorite against Kansas. If most people bet on Gonzaga, the sportsbooks will make the spread larger. They try to balance their risk by encouraging a similar volume of wagers on either side, so they will make it more attractive to bet on Kansas and less attractive to bet on the Zags.

You might find the line has moved to 5.5 points as the game is about to start, allowing you to bet on Kansas +5.5 as opposed to Kansas +3.5. This is known as fading the public, and it can help you unlock great value.

Consider Betting “Under” in the First Round

We often spot low March Madness scores in the opening stage of the March Madness schedule. Teams play with caution, as they are desperate to avoid elimination. Optimistic bettors back “over”, and the line goes up, providing great opportunities for sharp bettors to bet on “under” at improved terms.

Spot Arbitrage Opportunities

You can occasionally exploit discrepancies in the moneyline March Madness betting odds provided by rival sportsbooks to ensure you receive a guaranteed profit regardless of which team wins. This was originally known as Dutching, but it is now widely referred to as Arbitrage, arbing, or scalping.

It is also worth hedging your bets. If you bet on a team to win the National Championship at the start of March and it reaches the final, bet on its opponent to ensure you lock in a profit either way.

Use Parlays Sparingly

The sportsbooks build a house edge into every betting market. When you roll multiple selections together in a parlay, the overall house edge increases. That is why the books make a greater margin on parlays than any other betting category.

They can be great fun, as they provide the opportunity to earn large profits from a relatively low bet amount. However, you should use them sparingly.

Four-Team Parlay Terms

 

Cumulative Parlay Odds
BetUS +1200
Bovada +1228
MyBookie +1200
xBet +1200
BetOnline +1228

Practice Sensible Bankroll Management

It can help to set aside a bankroll at the start of March Madness. This is an amount of money that you can afford to lose in a worst-case scenario. Assign a percentage of this bankroll as a base unit, which you will place on each bet. For example, you might have $1,000, and decide to bet with 5% of your bankroll, meaning each bet would be for $50.

If you are winning, your bet amount will go up. If you are losing, it will be reduced, keeping you in the game until your luck changes. You can also use advanced strategies like the Martingale System and the Kelly Criterion to manage your bankroll.

Study Streaks

You can work out the probability of enduring a losing streak over the month, which helps with bankroll management. Use a free streak calculator for this.

Use Poisson Distribution for Prop Bets

Poisson distribution will highlight the likelihood of an event occurring within a game. The formula is P(X=k)=k!λke−λ, where e is Euler’s number. It sounds complicated, but all you need is the historical average rate at which an event has happened, like a team scoring over 39.5 points in the first half. You can then use a Poisson distributor to tell you the probability of that bet paying off.

Become an Expert

You should watch as much college basketball as possible and analyze a wealth of statistical trends. This will allow you to make educated betting decisions from a position of strength. The stats available at Bovada are very useful from this perspective.

March Madness Schedule

March Madness is a frenetic, exciting time. The games come in thick and fast, so you can easily miss out on great betting opportunities if you do not remain on top of the March Madness 2022 schedule. Make sure you check out the March Madness scores and arm yourself with the key stats and betting trends before the lines are published.

You should then try to get your bets in as soon as possible after they are released at BetOnline, BetUS, and Bovada. Each day, you can figure out when does March Madness start? What are the March Madness games today? Where can I watch March Madness live? Keep a March Madness 2022 schedule diary to ensure you do not miss the opportunity to bet on a game you would have won.

March Madness Predictions 2022

The Gonzaga Bulldogs are the early frontrunners to win the NCAA Division 1 Men’s Basketball Tournament in 2022. They came within a whisker of a perfect season in 2020-21, only to lose to Baylor in the National Championship game.

That was a huge shock, as the Zags held the No. 1 ranking every day during the season. They have obviously lost big players, including Jalen Suggs, but they are the favorites to make amends this season, and a backcourt duo of Drew Timme and Chet Holmgren should make Gonzaga very competitive.

However, the odds are not particularly appealing on the Bulldogs right now. Michigan looks like an appealing option after signing Sun Belt Player of the Year DeVante’ Jones from Coastal Carolina. He will bolster a team featuring Hunter Dickinson and Caleb Houstan, making the Wolverines potentially very dangerous.

Chris Beard has a tough job in turning Marcus Carr, Timmy Allen, Devin Askew, Christian Bishop, Dylan Disu and Tre Mitchell into an effective unit, but they could gel by the spring, making Texas a threat. A longer shot could be Purdue, led by Trevion Williams, Jadon Ivey, and Zach Edey. We will offer updated March Madness predictions closer to the start of the tournament.

Sign Up to the Best March Madness Betting Sites

Now that you’ve got a fair understanding of March Madness betting, March Madness betting odds, lines and everything else, it’s time to sign up to the top betting site to start making your wagers. In this example, we’ll use our top choice, BetUS to run through exactly how to sign up and starting placing bets.

Step 1 – Sign Up

Start by signing up at the site. All you’ll need to do is head over to BetUS and click “Join” in the top-right hand corner.

betus home page

Step 2 – Verify Your Account

Next, you’ll want to verify your account. After you’ve put in all the information, some of which you may see below, you’ll get an email from BetUS where they’ll ask you to click a link to verify. You don’t need to verify right away, the site will still let you make bets without verification. But if you do plan to bet and win, you’ll need to have a verified account.

betus sign up

Step 3 – Funding the Account

Head towards the cashier as soon as you can. This is where you’ll get to fund your online gambling account, and claim some great bonuses to go along with registration of your account. You’ll get a 100% matched deposit bonus if you sign up for the sportsbooks at BetUS and will have double the funds to place wagers.

betus claim bonus

Step 4 – Start Betting on March Madness

Start placing your bets. Head on over to the “Football” category and find your favorite NCAA teams.

Conclusion: March Madness Betting

March Madness betting is very exciting. It can also be highly profitable if you use the elite sportsbooks featured on this page, hunt out the best lines, bet at opportune moments and manage your bankroll correctly. You can also try to land a large cash prize by nailing a strong bracket, so there are lots of intriguing ways to profit from the biggest sporting event of the year. Just stick to the safe, secure March Madness betting sites that we have recommended.

March Madness Betting FAQs

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