March Madness Betting Sites Ranked & Reviewed – NCAA March Madness Betting Guide

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Bettors have a growing number of March Madness betting sites available. Throughout this page, we will take an in-depth look at the top March Madness betting websites, discuss odds, and explain how to earn bonus cash.


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College basketball is in the spotlight for another thrilling edition of March Madness. Approximately 50 million Americans are projected to bet on this year’s NCAA Tournament as the sports betting industry continues to blossom across all 50 states.

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The NCAA Tournament brings upsets, large comebacks, buzzer-beaters leading to a thrilling environment for bettors. The best March Madness betting sites offer several betting markets including outright winners accompanied by a ton of props.

Continue reading to discover the latest March Madness betting websites and odds.

Comparing March Madness Odds from the Best NCAA Tournament Sportsbooks

The NCAA Tournament includes 68 teams battling for the championship. This means there are a ton of betting markets available for wagering. We will break down the odds to help provide bettors with a clear picture of what to expect for this year’s edition.

Check out the odds for the outright winner of this year’s NCAA Tournament below.

Team BetOnline XBet BetUS MyBookie Bovada
Gonzaga +400 +450 +350 +450 +400
Kentucky +650 +860 +650 +860 +800
Arizona +775 +880 +700 +880 +800
Auburn +1000 +1175 +750 +1175 +1000
Purdue +1000 +1050 +800 +1050 +1000
Duke +1200 +1550 +1200 +1550 +1000
Kansas +1000 +1525 +1400 +1525 +1400
Baylor +1800 +1875 +1600 +1875 +1500
Villanova +1800 +2500 +2000 +2500 +2200
UCLA +2800 +2600 +2200 +2600 +2500

Ranking The Top 10 March Madness Betting Sites 2022

Take a look at our top 10 March Madness betting websites below.

  1. BetUS– Industry-leading sportsbook with the best March Madness odds
  2. MyBookie– One of the best March Madness betting sites for NCAA props
  3. BetOnline– The top site for NCAA Tournament odds
  4. Bovada – Among the top March Madness betting websites for live betting
  5. XBET– The best site NCAA predictions
  6. BUSR– Ideal site for crypto users
  7. Sportsbetting.ag – Great site for esports
  8. BetNow – Ideal site for March Madness mobile betting
  9. GtBets – Terrific sportsbooks with a strong rewards program
  10. Everygame – Offers excellent March Madness odds

When choosing a March Madness betting site, there are several factors to consider, ranging from deposit options to betting bonuses and competitive odds. Below we break down the top five sportsbooks for March Madness 2022.

1. BetUS – Industry-Leading Sportsbook With The Best March Madness Odds

Bet on the NCAA Tournament with BetUS.

A site that features the best welcome bonus in the industry, BetUS is a must for new bettors looking to bet on March Madness. New users can receive up to a remarkable $3,125 in bonus cash. The overall sportsbook is on par with its peers including the usual spreads, totals, and props.

BetUS also brings a catchy feature to the table with BetUS TV. This portion of the site offers insight along with predictions from industry professionals covering all major sports including the NCAA Tournament to help you make a better choice. Users can fund their accounts via the traditional methods along with Bitcoin, Ethereum, and Ripple.

Pros Cons
✅Top Welcome Bonus ❌ Doesn’t accept as many crypto assets as competitors
✅ BetUS TV Offers Predictions ❌ Live Betting is mediocre
✅ Offers Mobile Betting
✅ NCAA Tournament Odds
✅ Reliable Payouts

Welcome Bonus Offer:

The dazzling welcome bonus features a 125% bonus up to $3,125.

To claim up to $3,125, click the link below.

2. MyBookie – The Best Site for NCAA Tournament Props

Bet on the NCAA Tournament with MyBookie.

Bettors have another great choice with MyBookie. This March Madness sportsbook has strong odds and a nice array of NCAA Tournament betting markets. Moreover, if you like props, this is the site for you. MyBookie thrives in props via the props building feature.

The welcome bonus is terrific, rewarding new users with a 100% deposit bonus up to $1,000. They also offer sports reload bonuses along with casino bonuses and referral rewards. The site features a strong online casino as well. Users can fund the account via traditional methods such as credit cards, crypto, and Person 2 Person.

Pros Cons
✅ Stellar Welcome Bonus up to $1000 ❌Live betting experience is mediocre
✅ Props Building Feature
✅ Strong NCAA Tournament Odds
✅ Crypto Deposit/Payout Options
✅ NCAA Tournament Predictions

Welcome Bonus Offer:

The welcome bonus is stellar, matching 100% of first deposits up to $1,000.

Click the icon below to receive your bonus cash.

3. BetOnline – The Top Site for NCAA Tournament Odds

Bet on the NCAA Tournament with BetOnline.

A betting site that has no shortage of incentives, BetOnline is an obvious choice as a top book for those looking to bet on the NCAA Tournament. The odds are among the best in the entire industry. BetOnline revamped its sportsbook layout and the result is a smooth interface easy to navigate.

Bettors can bet on NCAA basketball spreads, totals, and a large selection of props. Moreover, they have a $250,000 Bracket Madness contest for a $25 entry fee. Users can deposit via credit cards, several crypto options, and bank wires. The welcome bonus awards up to $1,000.

Pros Cons
✅ Lucrative Odds ❌ Welcome Bonus is only 50% of first deposit
✅ Attractive Sportsbook Layout ❌ Live streaming options are subpar
✅ Large Selection of Crypto
✅ $250,000 Bracket Madness Promo
✅ Strong Live Betting Interface

Welcome Bonus Offer:

The welcome bonus offered by BetOnline is worthwhile. New users will receive a 50% bonus up to $1,000 on first deposits made by new users.

To open an account and earn bonus cash with BetOnline, click the link below.

4. Bovada – The top site for NCAA Live Betting and Promos

Bet on the NCAA Tournament with Bovada.

Bovada is definitely one of the top sites to place your March Madness bets. This US sportsbook has built brand recognition over the years propelled by lucrative odds and props markets. Bovada has a focus on props via the props builder. Users can customize props to a specific number of points they believe a team or player will score.

The deposit options are similar to its peers, offering major credit cards along with crypto options. Also, users can earn up to $4500 in Bitcoin bonuses.

Pros Cons
✅ Rewarding Odds ❌ Welcome Bonus is mediocre
✅ Prop Building Features ❌ No App
✅ Large Bitcoin Bonuses
✅ Strong Array of NCAA Tournament Markets
✅ Payment Options Include Crypto

Welcome Bonus Offer:

The welcome bonus will match 100% of first deposits up to $250. Moreover, when depositing via bitcoin users can earn $750 in bitcoin welcome bonuses.

To claim your bonus cash, select the icon below.

5. XBet – The Best Site for NCAA Tournament Predictions

Bet on the NCAA Tournament with XBet.

A site that offers competitive odds, strong bonuses, and promos, XBET is a recommended site. Bettors will find everything they need to bet on the NCAA Tournament with XBET including props. The site also provides bettors with insight and analysis from industry experts including NCAA predictions.

The welcome bonus is strong, offering a 100% deposit bonus, and also includes strong refer-a-friend bonuses. The payouts are quick and users can deposit via several methods highlighted by several different crypto assets including Bitcoin.

Pros Cons
✅ Competitive Odds ❌$45 Minimum Deposit Via Credit Cards
✅ Crypto Deposit Options ❌ Welcome Bonus Only $500
✅ $100 Refer A Friend Bonus
✅ Bet on NCAA March Madness Futures
✅Reliable Deposit/Payout Methods

Welcome Bonus Offer:

New users are awarded a 100% deposit bonus up to $500 along with a $10 casino chip.

Click the link to earn up to $500 in bonus cash.

Legal March Madness Betting

In the past, individuals looking to participate had to resort to using offline bookies to bet on major sports throughout the United States.

The times have changed. The online sports betting industry is one of the fastest-growing industries in the United States, meaning that you can bet on March Madness without having to deal with some sort of a murky figure in each and every US state.

Several U.S. states have formally adopted a legal framework to allow online and mobile betting. But, whichever state you are based in, you’ll be able to legally bet at offshore sportsbooks.

If you’re unsure how to bet on March Madness in your state, check out this guide: How to gamble on March Madness 2022.

Offshore March Madness Betting Sites

Offshore betting sites are sites that are licensed outside of the United States. They are typically based in the Caribbean region and Europe. In states that have legalized online sports betting, the legalized jurisdiction only applies to betting sites that are licensed in that state.

Offshore betting sites have been used in the United States for years and are considered safe to use. While they are not licensed in the United States, they are regulated in their respective countries. Rest assured, we have only recommended offshore sites that are considered safe and reliable. The 10 sites discussed on this page take encryption measures and go above and beyond to ensure safety.

Rules and Regulations for March Madness Betting

Each state has its own specified regulations for sports betting. The legal age varies from 18 to 21 depending on the state. There are also regulations preventing those associated with major teams in that state from participating in sports betting.

Moreover, some jurisdictions do not allow wagering on their state college teams. For example, in Iowa, no props bet on college athletes are permitted while in New Jersey no betting is allowed in in-state teams such as Seton Hall. This also applies to college teams based in Virginia and Rhode Island.

March Madness Betting Guide

Interesting in betting on March Madness 2022, but don’t know where to start? We have you covered with a comprehensive look at everything related to March Madness betting. The NCAA Tournament is a mammoth event with 67 total games played. There are several different betting markets available and it is essential to know how the tournament works. Continue reading to learn more.

NCAA Tournament Schedule – 2022 March Madness Schedule

The tournament begins with the First Four beginning on March 15th and 16th in Dayton, Ohio, and concludes on April 4th. The various states of the Tournament are played in preselected host cities. Check out the Tournament schedule below.

Round Date City Arena
Selection Sunday March 13 N/A N/A
First Four March 15 & 16 Dayton, Ohio UD Arena
First/Second March 17 & 19 Buffalo, New York KeyBank Center
First/Second March 17 & 19 Indianapolis, Indiana Gainbridge Fieldhouse
First/Second March 17 & 19 Fort Worth Texas Dickies Arena
First/Second March 17 & 19 Portland, Oregon Moda Center
First/Second March 18 & 20 Greenville, South Carolina Bon Secours Wellness Arena
First/Second March 18 & 20 Milwaukee, Wisconsin Fiserv Forum
First/Second March 18 & 20 Pittsburgh, Pennsylvania PPG Paints Arena
First/Second March 18 & 20 San Diego, California Viejas Arena
Sweet 16/Elite Eight March 24 & 26 San Antonio, Texas AT&T Center
Sweet 16/Elite Eight March 24 & 26 San Francisco, California Chase Center
Sweet 16/Elite Eight March 25 & 27 Chicago, Illinois United Center
Sweet 16/Elite Eight March 25 & 27 Philadelphia, Pennsylvania Wells Fargo Center
Final Four April 2 & 4 New Orleans Caesars Superdome

The Different Types of Bets for March Madness

Bettors love March Madness due to the huge quantity of games to wager on, and the potential to cash in big thanks to the welcome bonuses discussed on this page. Moreover, parlays are a popular bet type for the NCAA Tournament. Continue reading to learn about the different bets available at our recommended March Madness betting websites.

Moneyline Bets on March Madness

A moneyline bet is simply choosing a team to win the game. For example, if Illinois is playing Ohio State and you select Ohio State on the moneyline, you just need the Buckeyes to win the game, no spread is included in this wager.

This is an ideal play when the spread is small (ideally three or fewer points). If the spread is large, the moneyline bet will not return a large profit and isn’t worth making as a result.

Point Spread Bets on March Madness

The point spread is the most common bet you will find in NCAA basketball. Here, bettors select a team to win or cover by a specified number of points set by handicappers. For example, if Providence is favored by 9.5 points against VCU, Providence needs to win the game by 10 or more points for the bet to be classified as a winner.

If you don’t believe providence could win by 10 or more points, you would select VCU +9.5. The odds payout is usually -110, meaning a $110 bet would return $100 in profit.

Totals Bets on March Madness

The total is the number of points the teams will combine to score in the game. Bettors select whether the total of the game will go over or under the specified total.

If the total of Notre Dame vs. Miami is 130 points, bettors select if they believe the total score will go over or under 130 points. The usual payout is similar to spreads at a -110 odd.

Prop Bets on March Madness

This is where bettors can be creative. Prop bets occur in different forms and often don’t have a direct outcome on the point spread or total. Props bets are useful with the sites mentioned on this site including MyBookie with their props building feature. Some popular prop bets include:

  • Team totals: number of points scored by a team in a game
  • Player points, rebounds: number of points, rebounds for a specified player
  • The margin of victory: will a team win by 5-10 points, 10-15, etc.
  • Alternative point spreads and totals: Choose spreads higher or lower than the specified spread or total.
  • Will a game go to overtime? Usually has lucrative odds for choosing OT.
  • The total amount of three-pointers a team will make: Some teams attempt a ton of threes while others do not.

Futures Bets on March Madness

Futures bets are bets that can be made well in advance of a particular event. This can be weeks or even months before the event occurs. The most common March Madness futures bet is the overall winner of the NCAA Tournament.

The odds fluctuate based on the individual teams’ performance leading up to the event. The odds are usually lucrative considering the unpredictable nature of making bets so far in advance. For example, bettors can select Auburn to win the NCAA Tournament in advance. A bet in Auburn before the season started would have better odds than selecting them to win the Tournament now considering they have only lost a few games.

Parlay Bets on March Madness

A parlay bet groups several bets into one wager. All selections will need to be deemed a winner for the parlay to payout. The attractive feature in parlays is the large payouts and potential for large gains. The odds of each selected in the parlay are multiplied to give the payout multiple.

For example, a hypothetical parlay that features Ohio State, Auburn, and Kentucky to each cover the 3 points spread at -110 odds would be multiplied 3x. A $100 bet would return a lucrative $629 in profits.

Live Betting on March Madness

Live betting allows the user to place a bet once the event has already begun. This can be useful to use if a favored team is down several points early in the game due to a poor start.

A savvy bettor would be able to select the team ‘live’ at a lower spread than the pre-game spread. This is especially useful for March Madness bets, where stunning upsets and swings are common, especially early in games. The sites discussed on this page all feature live betting for the NCAA Tournament.

How March Madness Works

Betting on the NCAA March Madness Tournament is simple and fun. If you have bet on other sports in the past, the same idea applies to the NCAA Tourney. A total of 68 teams will be competing for the prize starting with the First Four, followed by the first and second rounds, the Sweet 16, Elite Eight, Final Four, and the Championship game. There is a total of 67 games played in the tournament.

According to most sportsbooks including the ones discussed on this page, Gonzaga is the favorite to win the championship. MyBookie has Gonzaga as a +390 to win the NCAA Tournament. This means a $100 bet will return $390 if Gonzaga does indeed win.

March Madness odds are often displayed as American odds. Take a look at an example of a money line bet below.

  • Auburn -250
  • Rutgers +120

In this example,  bettors would have to bet $250 to win $100 if they believe Auburn will win the game. Conversely, a $100 bet on Rutgers to beat Auburn would return $120 in profit. The same applies to point spread bets. The minus (-) sign indicates the team favored while the + denotes the team that is the dog. Below is another illustration.

  • Auburn -8.5
  • Rutgers +8.5 

In this example, a bet on auburn means they need to win by nine or more points and a wager on Rutgers means they can lose by eight or fewer points for the bet to be deemed a winner.

March Madness Teams

The teams participating in the NCAA Tournament are declared on Selection Sunday. The big day this year occurs on Sunday, March 13 at 6 pm EST. Many of the teams are known well in advance however there are always surprises and notable omissions. Also, teams that win their respective conference tournament, automatically punch their ticket to the tournament. The brackets are also determined on Selection Sunday.

March Madness Games

The March Madness games are thrilling battles. This is due to the single-round elimination games. This means each game is a winner take all scenario. Win and move on, or lose and go home. The higher-ranked seeds have the advantage of playing lower seed teams. The seeding is ranked at #1-16. Auburn will likely be a #1 seed meaning they would get to play a #16 seed. Auburn will be a huge favorite in the opening game as a result.

The beauty of the NCAA Tournament is the “Cinderella Teams” that always seems to appear. This is when an unlikely team, ie. a lower seed has a stunning tournament run, defeating higher seeds. It was three years ago when #1 seed Virginia lost to #16 seed UMBC. This is why I believe the NCAA Tournament is the most thrilling sporting event to bet in sports.

March Madness Brackets

The tournament is divided into brackets. Every year, Americans participate in bracket contests in an attempt to win cash. The brackets are simply a grid that illustrates the path to the Championship game. When filling in a bracket, individuals select the winner of each game in the tournament. The chances are a perfect bracket are slim to none.

According to NCAA.com the chances of picking each game correct for a perfect bracket is 1 in 9.2 quintillion, yes, quintillion. The winner of the various brackets is determined by the most accurate brackets. The brackets are not to be confused with prop bets. The sites discussed on this page have bracket promotions.

March Madness Betting History

The NCAA Tournament is rich in history. The first NCAA March Madness Tournament occurred in Evanston, Illinois all the way back in 1939. It is an incredibly difficult tournament to win considering the massive amount of Division 1 teams in the U.S. UCLA has won the most titles with 11, followed by Kentucky with 8, North Carolina with 6, and Duke with 5. The tournament format has varied over the years but has been relatively the same recently with the exception of the First Four which was introduced in 2011.

Past March Madness Winners by Year

The NCAA Tournament has yielded a few repeat winners and in past decades it is usually a power conference (ACC, Big Ten, Big East, Big 12, SEC, PAC-12) school winning the championships. Check out the list of winners from every single NCAA Tournament dating from 1960 to the present.

NCAA Tournament March Madness Winner NCAA Tournament MOP
1960 Ohio State Jerry Lucas
1961 Cincinnati Jerry Lucas
1962 Cincinnati Paul Hogue
1963 Loyola Chicago Art Heyman
1964 UCLA Walt Hazzard
1965 UCLA Bill Bradley
1966 UTEP Jerry Chambers
1967 UCLA Kareem Abdul-Jabbar
1968 UCLA Kareem Abdul-Jabbar
1969 UCLA Kareem Abdul-Jabbar
1970 UCLA Sidney Wicks
1971 UCLA Howard Porter
1972 UCLA Bill Walton
1973 UCLA Bill Walton
1974 NC State David Thompson
1975 UCLA Richard Washington
1976 Indiana Kent Benson
1977 Marquette Butch Lee
1978 Kentucky Jack Givens
1979 Michigan State Magic Johnson
1980 Louisville Darrell Griffith
1981 Indiana Isaiah Thomas
1982 North Carolina James Worthy
1983 NC State Hakeem Olajuwon
1984 Georgetown Patrick Ewing
1985 Villanova Ed Pinckney
1986 Louisville Pervis Ellison
1987 Indiana Keith Smart
1988 Kansas Danny Manning
1989 Michigan Glen Rice
1990 UNLV Anderson Hunt
1991 Duke Christian Laettner
1992 Duke Bobby Hurley
1993 North Carolina Donald Willams
1994 Arkansas Corliss Williamson
1995 UCLA Ed O’Bannon
1996 Kentucky Tony Delk
1997 Arizona Miles Simon
1998 Kentucky Jeffrey Sheppard
1999 Connecticut Richard Hamilton
2000 Michigan State Mateen Cleaves
2001 Duke Shane Battier
2002 Maryland Juan Dixon
2003 Syracuse Carmelo Anthony
2004 Connecticut Emeka Okafor
2005 North Carolina Sean May
2006 Florida Joakim Noah
2007 Florida Corey Brewer
2008 Kansas Mario Chalmers
2009 North Carolina Wayne Ellington
2010 Duke Kyle Singler
2011 Connecticut Kemba Walker
2012 Kentucky Anthony Davis
2013 Louisville Luke Hancock
2014 Connecticut Shabazz Napier
2015 Duke Tyus Jones
2016 Villanova Ryan Arcidiacono
2017 North Carolina Joel Berry
2018 Villanova Donte DiVincenzo
2019 Virginia Kyle Guy
2020 Canceled N/A
2021 Baylor Jared Butler

March Madness Betting Strategy

It is useful to have a strategy when making your March Madness bets. There are plenty of factors to consider which we outline below.

  • Take advantage of early lines: The odds will be available immediately after Selection Sunday. If you see a spread that catches your eye, don’t be afraid to place the bet immediately. This is because the spreads will fluctuate based on the money being wagered on that specific team. Chances are if a ton of money is being wagered on one team, the spread will rise as the game nears.
  • Have a disciplined approach: Do not bet your entire balance on one game. The rule of thumb is to bet 1-5% of your account balance on one game.
  • Use Live Betting features: It can be a rewarding strategy to monitor games that have a surprising opening 10 minutes. If a team is favored by 10 and are down early you will be able to take that team in a live bet for a smaller spread.
  • Research analytic stats: These stats can help give you an edge on a squad’s true ability. Use Kenpom.com for advanced stats.
  • Be aware of the seeds you are betting on: Many lower seeds still have a stellar record but play in a smaller conference which can be misleading, especially when laying a power conference team in the Tournament.

How to get the Best March Madness Betting Odds

A key part of a solid March Madness betting strategy is taking advantage of the best odds available. This includes finding early lines and comparing odds between the various March Madness betting sites discussed on this page. Check out a quick outline on how to find the best March Madness odds below.

  • 🎰 Register with several March Madness betting sites
  • 🏀 Take advantage of welcome bonus offers and promos
  • 🎲 Shop and compare for the best March Madness odds
  • 💰Cash in big when your team makes the Final Four

What is the Best March Madness Betting Site?

The top five sites discussed on this page are all formidable March Madness betting websites. However, we recommend BetUS thanks to its dazzling welcome bonus. New users will receive a large 125% deposit bonus up to a remarkable $3,125 which simply cannot be beaten in the betting industry. BetUS is more than a big welcome bonus. They also feature plenty to offer including competitive odds, crypto bonuses, and several NCAA Tournament markets including props.

To open your account and receive $3,125 in bonus cash, click the link below.

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Adam has a diploma in marketing and finance. He has a passion for the investing and sports betting industries. Adam believes in exploring advanced and analytical data to gain the best possible advantage, whether he is investing or predicting the outcomes of sporting events.