How To Bet On March Madness & NCAAB Games: An Online Guide

March Madness 2022 is about to start ! If you want to learn how to bet on March Madness, we suggest reading through the information below!

How to bet on March Madness – top tips for

Before we run through details for those who want to bet on March Madness, we figured we’d kick things off with a few tips. Below, you’ll see our top tips for the March Madness event:

Bet on March Madness March Madness Tips & Odds Place a Bet

Outright

Gonzaga - +350

Bet with FanDuel

John R Wooden Award 

Johnny Davis - +1000

Bet with FanDuel

Final Four

Baylor - +220

Bet with FanDuel

Outright Winner – Gonzaga

The first tip provided above is for Gonzaga to win the event. For us, Gonzaga is clearly the best team in the tournament. Their record for the regular season has been fantastic, and they are looking awesome on the court right now. And at +350 odds, this still shows good value.

John R Wooden Award – Johnny Davis

Some punters might think we are a little crazy for going for Johnny Davis here. The favored player to win this award for is Oscar Tschiebwe of Kentucky. But the odds for him are not too appealing. However, Davis has great odds at close to +1000 for most bookies. He’s a star player too, so he’s certainly a good outside shot.

Final Four – Baylor

If you tuned in for March Madness in 2021, you’ll know that Baylor got the win. But this year, they haven’t performed as well as many expected. Sure, they still have an outside shot of securing the win in March Madness. But a better, and arguably a more ‘realistic’ bet is for Baylor to make the final four – at +220 odds, which isn’t bad.

The odds for the tips mentioned above are subject to change for the event. So do check in with each bookmaker for the most recent odds.

All the Picks for March Madness

More on March Madness Betting

Top bookmakers to bet on March Madness

FanDuel

FanDuel welcomes new players with a $1000 risk-free bet. This in itself is obviously pretty appealing. But FanDuel also offers cashouts, live betting, boosted markets, and more.

BET ON MARCH MADNESS WITH FANDUEL >

DraftKings

DraftKings also welcomes new signups with a $1000 bonus, this time through a deposit match. These guys have some of the more enticing markets of any other sportsbook. And they also have plenty of additional promotions for March Madness for existing players.

BET ON MARCH MADNESS WITH DraftKings >

BetMGM

Finally, BetMGM is another site we would highly recommend. BetMGM also offers a $1000 risk-free bet for new players. And besides this, the odds are remarkable, premium features like streaming and cashouts are available, and there are additional free bets to claim specifically for March Madness.

BET ON MARCH MADNESS WITH betMGM >

March Madness Betting offers

Best daily March Madness Betting offers

March Madness outright betting

Each of the March Madness tips mentioned above would actually be described as ‘outright bets’. Outright essentially means that the market is determined by how things stand at that specific point in the tournament. And with the tips already mentioned above, we’d like to run through them in more detail right now.

Outright winner

The first market is the easiest to understand of them all. By selecting the outright winner, you are betting that a certain team will win the tournament. We are shooting for Gonzaga, as many others will likely be doing too. But with that said, they will face stiff competition from the likes of Arizona and Kentucky. Then again, Gonzaga at +350 is pretty good odds!

MVP award

Picking the winner of the MVP (John R Wooden Award) is a bit more difficult than picking the outright winner. For us, Johnny Davis is the bet that shows the greatest value with odds of +1000. Sure, he’s an outside bet for this one, but with odds around -280 for Tschiebwe (the favorite), this doesn’t show a great potential return.

Final four

Of course, there are many teams that could make it to the final four for March Madness. But when looking through the odds provided, Baylor provides the best value, in our opinion. They are underrated going into the tournament, especially since they won the event just last year. So with odds of +220, this shows reasonable value compared with the associated risks. Then again, Duke and Auburn are also good shouts, with odds of +270 and +280 respectively.

Bet on March Madness – common wagers

Top bookmakers to bet on March Madness

Apart from the outright wagers we’ve talked about above, there are many other wagers you can make that relate to individual games. This is actually more common than placing outrights or ‘futures’ bets. So on that note, let us show you some markets to think about.

Moneyline

The moneyline market is the most common of them all. And if you want to learn how to bet on March Madness, this is the easiest to understand. Basically, the moneyline markets let you back which team will win any individual game.

Handicaps

If you see that the odds aren’t great for a certain game, like when a great team plays a huge underdog, you may want to look at the handicap options. This is where a certain handicap is placed on the game, both for the favorite and the underdog. It always relates to the final point difference at the end of the game.

Individual scorers

For each and every game in March Madness, you can bet on how many points an individual player will score. Of course, it’s best to stick with the offensive players here, as they tend to rack up the most points. But you can also go for other players too!

FAQs on how to bet on March Madness

You must be over the age of 21 and based in a legal sports betting state to bet on March Madness.

March Madness is getting started on Sunday, March 13th – at least that’s when the draw is made.

That’s because individual games for the main draw are not yet finalized. Get detailed odds and for March Madness Odds 2022.

For us, the best bookmakers for March Madness include Wynnbet, FanDuel, BetMGM, DraftKings, and Caesars Sportsbook. If you’re looking to open an account, be sure to use our Caesars sportsbook promo code USBETCZR when you sign up.