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How to Gamble on March Madness in IN | Indiana Sports Betting Sites

Indiana sports betting fans will be cheering on the Hoosiers as they take on Saint Mary’s in the first round of March Madness. Sportsbooks in the Hoosier State have been thriving since Indiana sports betting became legal in 2019. In this article, we will dive into how to bet on March Madness in Indiana, and how to cash in on the very best Indiana sportsbook offers along the way. Continue reading to learn more about how to bet on March Madness in Indiana.

The Best Indiana Sports Betting Sites for March Madness in 2022

After its First Four win, Indiana has a chance to become a Cinderella story in the NCAA Tournament.

Below, we’ll go over some of the best March Madness betting websites and the sports betting bonuses available for the 2022 NCAA Tournament.

  1. BetOnline – $1,000 Sports Betting Bonus + 2 Free Bets for March Madness
  2. XBet – $500 in Free College Basketball Bets for the NCAA Tournament
  3. MyBookie – $1,000 Sportsbook Bonus to Bet on March Madness
  4. BetUS – $3,125 in Free Bets for March Madness Games
  5. Bovada – $750 Bitcoin Betting Bonus for the 2022 NCAA Tournament

RELATED: March Madness Betting Websites


How to Bet on March Madness in Indiana

Leading scorer Trayce-Jackson Davis stayed hot against Wyoming, finishing with 29 points and nine rebounds in a 66-58 Hoosiers’ win. Jackson-Davis come in averaging 18.4 points, 8.2 rebounds, and 2.4 blocks per game, making him one of the prospects to watch in the NCAA Tournament first round.

Below, we’ll walk new users through how to bet on March Madness in Indiana and claim free college basketball bets.

  1. Pick an IN betting site from this page
  2. Click the button to get your college basketball betting bonus for the NCAA Tournament
  3. Sign up to get your Indiana sports betting bonus for March Madness
  4. Place your free March Madness bets on the NCAA Basketball Tournament in IN

RELATED: How to Gamble on March Madness


March Madness Schedule | How to Watch the NCAA Tournament in Indiana  

Below, you’ll find out how to watch March Madness games in Indiana and live stream the NCAA Tournament.

  • 🏀 March Madness: NCAA Tournament 2022
  • ⛹ March Madness Betting Favorite: Gonzaga Bulldogs
  • 📅 NCAA Tournament Start Date: Round 1, March 17th, 2022
  • 🔒 Final Four: April 2nd, 2022
  • 🏆 National Championship Game: April 4th, 2022
  • 📺 TV Channel: TruTV, CBS, TNT, and TBS
  • 🎲 March Madness Odds: Gonzaga +285, Arizona +700, Kentucky +800

NCAA Tournament Odds | Best Odds to Win March Madness 

Next, we’ll break down the NCAA Tournament odds from BetOnline, one of the best March Madness betting sites.

NCAA Basketball Teams Odds to Win NCAA Tournament Play
Gonzaga +285 BetOnline logo
Arizona +700 BetOnline logo
Kentucky +800 BetOnline logo
Kansas +1100 BetOnline logo
Auburn +1200 BetOnline logo
Baylor +1400 BetOnline logo
Duke +1600 BetOnline logo
Tennessee +1600 BetOnline logo
Houston +1800 BetOnline logo
Texas Tech +2000 BetOnline logo

RELATED: Best Odds to Win March Madness


March Madness Betting Trends

During the NCAA Tournament, certain trends emerge that can help college basketball bettors earn a profit during March Madness. With the first round of March Madness expected to generate plenty of upsets, we’ll break down some of the hottest March Madness betting trends over the last five years.

For a complete breakdown of the best March Madness betting trends, check out the chart below.

Timeframe Bet Winning Percentage Win Loss Push ROI %
Since 2021 Under 62.5% 20 12 0 19.38%
Since 2021 Underdogs ATS 59.4% 19 13 0 13.41%
Since 2019 Underdogs ATS 60.9% 39 25 0 16.39%
Since 2019 Under 54.7% 35 28 1 6.02%
Since 2018 Underdogs ATS 57.3% 55 40 1 10.47%
Since 2018 Underdogs ATS 55.2% 53 42 1 6.49%
Since 2017 Underdogs ATS 54.7% 70 56 2 6.02%
Since 2016 Underdogs ATS 53.8% 86 72 2 3.91%
Since 2016 Over 53.1% 85 74 1 2.09%

March Madness Betting | Odds, Lines, and Point Spread for First Round March Madness 2022

The first round of the NCAA Tournament tipped off on Thursday afternoon and there were a handful of upsets in the first round. Saint Peter’s (+1500) shocked the college basketball world with an upset over No. 2-ranked Kentucky while Richmond (+400) earned a classic No. 12 vs No. 5 upset with a win over Iowa.

For a glimpse of potential first round upsets, we’ll break down the March Madness odds for every game in the first round of the NCAA Tournament below.

All odds are taken from BetOnline, one of the best Indiana sports betting sites for March Madness.

Ohio State vs Loyola Chicago Odds, Point Spread, and Total

Ohio State comes into the Big Dance as a No. 7 seed but will have a difficult first round matchup against No. 10 Loyola Chicago. The Ramblers have made deep runs in the NCAA Tournament before and could be another potential underdog that could do some damage in the opening round. For the latest Ohio St vs Loyola Chicago odds, check out the NCAA Tournament lines from BetOnline below.

Interested in betting on the Ohio State team? – Don’t miss out on reading our guide about sports betting in Ohio first!

Bet Loyola Chicago Ohio State Play
Moneyline -110 -110 BetOnline logo
Point Spread PK (-110) PK (-110) BetOnline logo
Total Points Over 132.5 (-108) Under 132.5 (-112) BetOnline logo

Auburn vs Jacksonville State Odds, Point Spread, and Total

Auburn comes into the opening round of March Madness as the No. 2 seed in the Midwest Region. The Tigers are favored by 15.5 points over Jacksonville State in the first round of the NCAA Tournament and should be able to cruise to an easy win here. Can Auburn take care of business in the Round of 64 versus Jacksonville St?

Bet Jacksonville State Auburn Play
Moneyline +870 -1600 BetOnline logo
Point Spread +15.5 (-110) -15.5 (-110) BetOnline logo
Total Points Over 138.5 (-115) Under 138.5 (-105) BetOnline logo

Texas Tech vs Montana State Odds, Point Spread, and Total

Texas Tech is another team that will be heavily favored to win in the first round of the NCAA Tournament. The Red Raiders enter March Madness as a No. 3 seed in the West Region and will be favored by 15 points against No. 14 seed Montana St. For the latest Texas Tech vs Montana odds, check out the chart from BetOnline, one of the best Indiana sports betting sites.

Learn more about betting in Texas in our Texas Sports Betting Guide.

Bet Montana State Texas Tech Play
Moneyline +870 -1500 BetOnline logo
Point Spread +15 (-112) -15 (+108) BetOnline logo
Total Points Over 132.5 (-105) Under 132.5 (-115) BetOnline logo

Purdue vs Yale Odds, Point Spread, and Total

Purdue suffered a disappointing loss in the Big Ten Tournament but still enters March Madness as the No. 3 seed in the East Regoin. The Boilermakers enter the first round of the NCAA Tournament as 16 point favorites over Yale. For the latest Purdue vs Yale odds, check out the March Madness lines from BetOnline below.

Bet Yale Purdue Play
Moneyline +950 -1800 BetOnline logo
Point Spread +16 (+100) -16 (-120) BetOnline logo
Total Points Over 142.5 (-110) Under 142.5 (-110) BetOnline logo

Villanova vs Delaware Odds, Point Spread, and Total

Villanova enters the first round of the NCAA Tournament as the No. 2 seed in the South Region and will be heavy favorites over No. 15-seed Delaware. The Wildcats come in as 15-point favorites over the Blue Hens in the first round of March Madness. For the latest NCAA Tournament odds, check out the chart from BetOnline, one of the top Indiana sports betting apps.

Bet Delaware Villanova Play
Moneyline +870 -1500 BetOnline logo
Point Spread +15 (-110) -15 (-110) BetOnline logo
Total Points Over 133.5 (-115) Under 133.5 (-105) BetOnline logo

USC vs Miami Odds, Point Spread, and Total

The ACC didn’t get a lot of respect from the Selection Sunday committee. Despite playing well during ACC play, Miami enters the opening round as a No. 10 seed. While Miami is a No. 10 seed, it finds itself as only 1.5-point underdogs against No. 7 seed USC in the first round. For the latest USC vs Miami odds, check out the NCAA Tournament lines from BetOnline below.

Bet Miami Florida USC Play
Moneyline +105 -125 BetOnline logo
Point Spread +1.5 (-105) -1.5 (-115) BetOnline logo
Total Points Over 140 (-110) Under 140 (-110) BetOnline logo

Texas vs Virginia Tech Odds, Point Spread, and Total

While Texas was rewarded with a No. 6 seed, the Longhorns drew one of the toughest first round matchup against ACC Tournament Champion Virginia Tech. The Hokies impressed by beating Duke to win the ACC Tournament title and should be able to put up a fight against the Longhorns. The best March Madness betting sites seem to think so too, as BetOnline has Virginia Tech vs Texas odds as a pick’em.

Bet Virginia Tech Texas Play
Moneyline PK (-113) PK (-107) BetOnline logo
Point Spread PK (-113) PK (-107) BetOnline logo
Total Points Over 123.5 (-112) Under 123.5 (-108) BetOnline logo

Chattanooga vs Illinois Odds, Point Spread, and Total

The Fighting Illini enter as a No. 4 seed in the NCAA Tournament. Illinois comes into the first round against No. 13 seed Chattanooga as eight-point favorites in the first round of March Madness. For the latest Illinois vs Chattanooga odds, check out the NCAA Tournament lines from BetOnline below.

Bet Chattanooga Illinois Play
Moneyline +275 -330 BetOnline logo
Point Spread +8 (-105) -8 (-115) BetOnline logo
Total Points Over 136 (-110) Under 136 (-110) BetOnline logo

Duke vs Cal State Fullerton Odds, Point Spread, and Total

The No. 2 seeded Duke Blue Devils come into this matchup as 18.5 point favorites in the first round versus No. 15-seed Cal St Fullerton. Duke’s odds to win March Madness have been slipping since being placed in the same region as No. 1 overall seed Gonzaga. For the latest March Madness odds, check out the chart from BetOnline, one of the best Indiana sports betting apps.

Bet CS Fullerton Duke Play
Moneyline +1250 -3000 BetOnline logo
Point Spread +18.5 (-105) -18.5 (-115) BetOnline logo
Total Points Over 145.5 (-110) Under 145.5 (-110) BetOnline logo

LSU vs Iowa State Odds, Point Spread, and Total

The Tigers fired head coach Will Wade before the NCAA Tournament but will still try to make a deep March Madness run. LSU enters the Big Dance as a No. 6 seed while Iowa State comes in as a No. 11 seed in the first round. The Cyclones come in as four-point underdogs versus LSU at BetOnline, one of the best March Madness betting websites.

Bet Iowa State LSU Play
Moneyline +155 -175 BetOnline logo
Point Spread +4 (-110) -4 (-110) BetOnline logo
Total Points Over 127.5 (-115) Under 127.5 (-105) BetOnline logo

Houston vs UAB Odds, Point Spread, and Total

Despite being a No. 5 seed, Houston has been one of the most popular dark horses to win March Madness in 2022. The Cougars come in as eight-point favorites in the first round of the NCAA Tournament against UAB. For the latest Houston vs UAB odds, check out the March Madness lines from BetOnline.

Bet UAB Houston Play
Moneyline +305 -375 BetOnline logo
Point Spread +8 (-109) -8 (-111) BetOnline logo
Total Points Over 136 (-110) Under 136 (-110) BetOnline logo

Michigan State vs Davidson Odds, Point Spread, and Total

After a strong finish to the Big Ten season, Michigan State was rewarded with a No. 7 seed in the NCAA Tournament. The Spartans come into the first round as slim one-point favorites against No. 10-seed Davidson. Check out the latest Michigan St vs Davidson odds from BetOnline below.

Bet Davidson Michigan State Play
Moneyline -108 -112 BetOnline logo
Point Spread +1 (-112) -1 (-108) BetOnline logo
Total Points Over 140.5 (-110) Under 140.5 (-110) BetOnline logo

Wisconsin vs Colgate Odds, Point Spread, and Total

No. 3 seed Wisconsin comes into the opening round as only 7.5-point favorites over Colgate, which enters as a No. 14 seed. If they can advance, the Badgers will play the winner of LSU vs Iowa State in the second round of the NCAA Tournament.

Bet Colgate Wisconsin Play
Moneyline +275 -330 BetOnline logo
Point Spread +7.5 (-110) -7.5 (-110) BetOnline logo
Total Points Over 139 (-105) Under 139 (-115) BetOnline logo

Seton Hall vs TCU Odds, Point Spread, and Total

Seton Hall comes in as the No. 8 seed in the NCAA Tournament. The Pirates are slim one-point favorites in the first round against No. 9 seed TCU. For the latest Seton Hall vs TCU odds, check out the March Madness lines from BetOnline, one of the top March Madness betting sites.

Bet TCU Seton Hall Play
Moneyline -102 -118 BetOnline logo
Point Spread +1 (-115) -1 (-105) BetOnline logo
Total Points Over 129.5 (-115) Under 129.5 (-105) BetOnline logo

How To Pick March Madness Upsets in the NCAA Tournament

While the most shocking upsets in the NCAA tournament have historically come in the opening rounds, recent data has shown that the biggest upsets have had a tendency to take place in the later rounds, specifically the fourth round. Since 2018, the betting underdog has won half of the last twelve games in the round of the elite eight.

For a complete breakdown of round-by-round data since the current format came into use in 1985, scroll down to read the table below.

Average Upsets by NCAA Tournament Round Fewest March Madness Upsets by Round Most March Madness Upsets by Round
First Round 6.2 2 10
Second Round 3.7 0 (four times) 8
Sweet 16 1.7 0 (five times) 4
Elite Eight 0.5 0 (10 times) 2
Final Four 0.2 0 (25 times) 2
Total 12.4 4 19

Since 2019, the betting underdog has covered the spread at a 60.4% rate in the opening round of the NCAA tournament, going 39-25 ATS for a profit of just over +10 units in that stretch.

To find out more about how lower seeds have performed in the NCAA tournament, check out the table below.

NCAA Tournament First Round Upsets Frequency of March Madness Upsets Percentage of March Madness Upsets 
No. 10 seed vs No. 7 seed 57 39.5%
No. 11 seed vs No. 6 seed 54 37.5%
No. 12 seed vs No. 5 seed 51 35.4%
No. 13 seed vs No. 4 seed 31 21.5%
No. 14 seed vs No. 3 seed 22 15.3%
No. 15 seed vs No. 2 seed 9 6.3%
No. 16 seed vs No. 1 seed 1 0.7%

The Best Indiana March Madness Betting Sites| IN Sportsbooks for the NCAA Tournament 

March Madness 2022 is finally here and Indiana sports betting fans both new and old can get in on the action in more ways than one. If betting on the outright tournament winner isn’t your thing, and you have a better feel for the games as they are happening then we’ve got exactly what you’re looking for. Indiana sportsbooks offer great live in-game odds so your NCAA tournament betting action can continue right up until tipoff and even as the games are taking place.

To learn more about how to bet on the NCAA tournament in Indiana, while cashing in on great Indiana sportsbook promotions for March Madness, continue reading as we review the very best Indiana sports betting sites available.

BetOnline —  $1,000 Sports Betting Bonus + 2 Free Bets for March Madness
BetOnline is the top Indiana sports betting app for betting with Bitcoin

🏆 Founded 2004
⭐ Expert Ranking #1 out of 5
💰 Welcome Bonus Offer 50% Deposit Bonus, Up To $1,000
Recommended For Free Bets for March Madness in Indiana
💳 Payment Methods Visa, Mastercard, American Express, Discover, MoneyGram, Bitcoin, Ethereum, Litecoin
💸 Payout Time Within 48 Hours
📃 License Panama
📲 Mobile Betting Yes

BetOnline is the very best Indiana sports betting site when it comes to wagering on the NCAA tournament with Bitcoin, or other crypto coins. Sign-up with BetOnline now, and Indiana residents will receive a 50% registration bonus of up to $1,000, as well as a risk-free NCAA tournament bet when placing their first bet from a mobile device. Terms and conditions apply, continue reading for more information.

BetOnline Promo Code Terms and Conditions

  • Must Deposit using BetOnline Promo Code BOL100
  • Minimum Deposit of $55
  • 10x Rollover Requirement
  • Free Bets expire in 30 days

To get started with BetOnline today, click the link below now.

XBet — $500 in Free College Basketball Bets for the NCAA TournamentXBet is one of the most simple Indiana sports betting site available for novice March Madness bettors

🏆 Founded 2013
⭐ Expert Ranking #2 out of 5
💰 Welcome Bonus Offer 100% Deposit Bonus, Up To $500
Recommended For Live NCAA Tournament Betting In Indiana
💳 Payment Methods Visa, Mastercard, Person2Person, Bitcoin, Ethereum, Litecoin, Ripple
💸 Payout Time Within 48 Hours
📃 License Curacao
📲 Mobile Betting Yes

Bet on college basketball in Indiana with XBet now and get started with one of the most basic and easy-to-use Indiana sports betting apps available. XBet is currently offering new customers from Indiana a special matched deposit bonus of up to $500, as well as a free entry in their annual XBracket contest. XBet has become widely known in the industry for offering customers a user-friendly and simple online platform, making Indiana sports betting accessible to novice gamblers.

XBet Promo Code Terms and Conditions

  • Must Deposit using MyBookie Promo Code XBET50
  • Minimum Deposit of $45
  • 7x Rollover Requirement
  • Maximum Indiana Sports Betting Bonus of $500
  • IN Sportsbook Bonus Awarded in Free Bets

Cash in one great March Madness betting offers with XBet today by clicking the link below now.

MyBookie — $1,000 Sportsbook Bonus to Bet on March Madness

MyBookie is the most popular Indiana sports betting app available for March Madness betting

🏆 Founded 2003
⭐ Expert Ranking #3 out of 5
💰 Welcome Bonus Offer 100% Deposit Bonus, Up To $1,000
Recommended For The Best March Madness Odds In Indiana
💳 Payment Methods Visa, Mastercard, Person2Person, Bitcoin, Ethereum, Litecoin, Ripple
💸 Payout Time Within 48 Hours
📃 License Curacao
📲 Mobile Betting Yes

After almost twenty years in the Indiana sports betting industry, MyBookie has made a name for itself for being one of the most generous sportsbooks in the entire United States, welcoming new customers with great sportsbook bonuses, while retaining their long time customers with loyalty rewards and risk free bets. Indiana residents who sign-up with MyBookie today will receive a 100% sign-up bonus of up to $1,000, as well as a chance to turn $10 into 1 BTC in their annual MyBracket March Madness predictions contest. Terms and conditions apply, read below for more information.

MyBookie Promo Code Terms and Conditions

  • Must Deposit using MyBookie Promo Code MYB50
  • Minimum Deposit of $50
  • 10x Rollover Requirement
  • Maximum Indiana Sports Betting Bonus of $1,000
  • IN Sportsbook Bonus Awarded in Free Bets

Get started with MyBookie now by clicking the link below.

Best March Madness Bets | Best Upset Picks for March Madness 2022

Betting on the NCAA tournament for the entire stretch of March Madness takes endurance and dedication. It also takes discipline to stick around when the going gets tough. The best strategy to implement when betting on March Madness 2022 is the sacred ‘dog or pass’ tactic, or only betting on underdogs you think can win the game outright, to cover the betting spread. However, there has historically been a case to be made for betting on the favorites against the spread in the second round of the NCAA tournament, as the market tends to overvalue certain teams that have performed well in their opening-round games. A bettor who has backed all ATS underdogs in the first round, and all ATS favorites in the second round, since 2019, has turned a profit of over 14 units, cashing at a 60% rate along the way. This year, try your luck at only betting underdogs, with the exception of the second round of the NCAA tournament.

To place your free NCAA tournament bets with BetOnline, click the link below now.

The Best College Basketball Betting Sites for March Madness

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Canadian odds writer, researcher, and contributor for BasketballInsiders. Follow on Twitter @CombatOddsHQ

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