Best March Madness Betting Sites For 2022

From Selection Sunday on March 13 to the NCAAB championship game on April 4, there are March Madness betting opportunities that could be very profitable if you play your cards right – or more aptly, if the team you’re betting on covers the spread. With so many online sportsbooks to bet on March Madness, we’re here to let you know which March Madness betting sites are Cinderellas and which ones are ugly stepsisters.

Besides our ability to incorporate fairy tales into existing March Madness terms, we also know what we’re talking about when it comes to the best real money March Madness betting sites. Here at Odds Shark, you’ll find full reviews on the top sites for betting on the NCAA basketball tournament with an odds tutorial and a guide to the different March Madness bets you can make.

Best Betting Sites To Bet On March Madness

  1. Top Rated Sportsbooks

    1. Our #1 Sports Book Site

      Signup Bonus

      50% Up To $1000

      Deposit Options

      • Visa Icon
      • MasterCard Icon
      • Bitcoin Icon
      • +13

      Our Rating

      5.0
      • Exclusive Bitcoin Bonuses
      • Quick and Easy Deposits
      • Sports Betting, Poker, Casino and Racebook all on one account

      When it comes to sportsbooks geared to American bettors, Bovada offers everything you need to bet on the NFL, NBA, MLB and college sports. There’s also lines on hockey, UFC, esports and politics. From live betting to exclusive bonuses on certain deposit options, Bovada is the ultimate sports betting site for those looking for quick withdrawals, special promotions and different language options (English and Spanish).

      Bovada Sportsbook Review For 2022: An Elite Sports Betting Experience

    2. Signup Bonus

      125% Up To $2500

      Deposit Options

      • Visa Icon
      • MasterCard Icon
      • Bitcoin Icon
      • +10

      Our Rating

      5.0
      • Over 25 years of experience in the market
      • Dedicated, secure live betting platform
      • Fast payouts: same-day payout approval
      • Speak live on phone with customer service

      BetUS is America’s favorite sportsbook for a reason. From their incredible sign-up offer to their 24-7 customer service, you are always looked after. With live betting available on all sports, as well as mobile technology which makes everything so simple, BetUS is the only site for you.

      BetUS Sportsbook Review For 2022: A Top-Tier Betting Platform

    3. Signup Bonus

      50% Up To $1000

      Deposit Options

      • Visa Icon
      • MasterCard Icon
      • Bitcoin Icon
      • +14

      Our Rating

      4.5
      • Well established with 20+ years of experience
      • Early lines
      • Competitor bonus matching
      • 24-7 customer support

      BetOnline Sportsbook

      Known for their killer welcome bonus and Refer-a-Friend program, BetOnline.ag is focused on the bettor. Choose from player props to $125 worth of risk-free bets when you use this sportsbook for your wagering needs. They also boast early lines and quick payouts, making them one of the most respected in the industry.

      BetOnline Sportsbook

  2. Signup Bonus

    50% Up To $1000

    Deposit Options

    • Visa Icon
    • MasterCard Icon
    • Bitcoin Icon
    • +15

    Our Rating

    4.0

    SportsBetting.ag Sportsbook Review For 2022

    Betting on sports is easy when you use an online sportsbook like this one. SportsBetting.ag is part of the BetOnline.ag family and it shows. With multiple betting options, live wagering and numerous sports available to bet on, this is a sportsbook not to be missed.

  3. Signup Bonus

    100% Up To $750

    Deposit Options

    • Visa Icon
    • MasterCard Icon
    • Bitcoin Icon
    • +17

    Our Rating

    4.5

    Everygame Sportsbook

    With multiple bonuses to choose from, Everygame is your one-stop shop for betting on everything from soccer, football, baseball, tennis, basketball, esports and more. This online sportsbook gives you over 4,000 daily wagers and live scoring so you can track your bets in real time. Plus, their mobile betting site is just as easy to use as their desktop version.

  4. Signup Bonus

    100% Up To $1000

    Deposit Options

    • Visa Icon
    • MasterCard Icon
    • Bitcoin Icon
    • +16

    Our Rating

    5.0

    MyBookie Sportsbook Review For 2022: A Supreme Sports Betting Site

    MyBookie's vision is to redefine the gaming scene by establishing itself as the world’s leading online sports betting and gambling website. Combined with a casino, North American racebook and new features like live betting and a mobile-friendly website, MyBookie is constantly improving because you deserve to “Bet with the Best”.

  5. Signup Bonus

    150% Up To $300

    Deposit Options

    • Visa Icon
    • MasterCard Icon
    • Bitcoin Icon
    • +8

    Our Rating

    4.5

    BetNow Sportsbook Review For 2022

    Looking to bet on your favorite American sports? This is the sportsbook for you. With great action and an ample welcome bonus, BetNow has something for bettors of all walks of life. Besides their roster of sports to bet on, this online betting site is easy to use with clean graphics that look perfect on desktop and mobile.

  6. Signup Bonus

    50% Up To $500

    Deposit Options

    • Visa Icon
    • MasterCard Icon
    • Bitcoin Icon
    • +8

    Our Rating

    4.0

    BookMaker Sportsbook Review For 2022

    Anyone wanting to bet on their favorite sports will love BookMaker. Whether you're an NFL aficionado looking for point spread action or an NBA fanatic looking to make a two-team teaser, this is the site for you. This sportsbook has contests, bonuses and enough to keep bettors rewarded for their sharp wagers.

*Terms and Conditions apply to all bonus offers on this website. Visit operator for details.

Best Betting Sites For March Madness Bets

When we look at the best betting sites for March Madness, there are certain things we need to see. If March Madness betting websites don’t have great rewards programs or don’t offer sports bettors a variety of betting options, then they can't be considered the best places to bet on March Madness, so we give them a big thumbs down.

Where To Bet On March Madness Games

Think of us as your own personal selection committee. But instead of seeding teams for a single elimination tournament at Caesars Superdome, we’re ranking NCAA basketball sportsbooks and giving you NCAA Tournament betting strategies and tips for March Madness 2022.

Top Sites For March Madness Betting

The best sites to bet on March Madness are not only safe, secure, and trusted betting sites, they also tick off all the other boxes. This is what we look for to ensure a top online betting site is worth your time:

Deposits And Withdrawals

You can fund your account using credit cards (American Express, MasterCard, Visa), debit, e-wallets (PayPal, Skrill, Neteller), and Bitcoin. After you make your deposit, you’re ready to start betting. Most NCAA bracket betting sites require a minimum deposit of about $10, but the amount you bet on the March Madness tournament is up to you.

In terms of collecting your winnings, some of the best online betting sites to bet on March Madness will let you use the same method you used to supply your bankroll. You can also get a paper check mailed to you. The time it takes to get your loot can range from a few hours to a few days.

Only cryptocurrency is instantaneous at March Madness crypto betting sites. Likewise, you can keep your money in your account for future bets or futures bets – more on that below.

Customer Service, Sign Up Bonuses, Rewards And Special Offers

To thank their clients, online sports betting sites provide different March Madness betting bonuses and promotions. These March Madness bonuses range from Welcome Bonuses, which match your initial deposit up to a certain percentage, to boosted odds. Let’s say you added $200 to your bankroll; the March Madness betting site will give you an extra $100 (50 percent) to bet online with.

Some of the best sportsbooks for March Madness betting have their own VIP rewards program, while other sportsbooks offer risk-free bets if you create a parlay with NBA basketball games and college ball.

How To Read March Madness Betting Odds

In terms of sporting events, March Madness is the Super Bowl of college basketball betting. If you're still learning how to bet on March Madness, March Madness odds at a bookmaker would look something like this:

  • North Carolina -180
  • Duke +220

We use American odds but you can switch to Decimal (1.20) or Fractional (1/5). People in the Americas usually stick with their namesake odds, whereas those in Europe and Australia gravitate toward decimals, and U.K. bettors like fractions.

These are college basketball odds for a typical moneyline bet where you would pick a team to win the game straight up. UNC is the favorite and Duke is the underdog. Faves are always represented with minus signs (-), and dogs with plus signs (+). This is universal across all March Madness betting sites.

At -180, oddsmakers predict that the Tar Heels have a 64.29 percent chance of winning the game. If you were to bet $100 on them, you’d get a payout of $155.56 – your original money is returned coupled with your winnings of $55.56.

On the other hand, at +220, the Blue Devils are given a 31.25 percent shot at victory. If you were to bet $100 on them, you’d get $320 – your $100 comes back along with your prize of $220. Bets on underdogs come with more risk, which is why they pay more if you win.

To find out how much you’d win based on the odds and amount bet, check out our Odds Calculator. You’ll also be able to see the percentage chance each team has of winning.

March Madness Betting Options

When betting on individual games, a conference tournament or any regular season college basketball matchup for that matter, you have various betting types at your fingertips. Besides the moneyline, you can bet on the following:

Point Spread Bets On March Madness

Sometimes a team plays in a game where they’re completely outmatched. Other times they play in games where they basically have their victory secured. This is why the point spread exists.

Instead of making a bet on a team to win, you’re picking a team to cover. This also creates a more even betting field because point spreads give the underdog an advantage and the favorite a disadvantage.

Odds would look like this:

  • Penn State -9.5
  • Purdue +9.5

In this case, the Nittany Lions would need to win by 10 or more points to cover the spread. Conversely, the Boilermakers would need to win the game outright or not lose by more than nine points for that side of the bet to hit.

Whether it’s a Sweet 16 game, Elite Eight or two seeded teams (like 2 vs 15 where a moneyline bet may not make sense or seems too easy), the spread is an ideal bet to make. Check out our computer picks page for free picks and more info on college basketball picks against the spread.

Totals Bets On March Madness: Betting On The Combined Score

Totals betting is popular with college basketball bettors and March Madness scores because it lets you consider scoring as a whole. To make this type of bet you would need to determine if the combined score from both teams will be more or less than the oddsmaker’s set number.

Odds at NCAA March Madness sites would appear like this:

Villanova vs Michigan
Option Total
OVER 147.5
UNDER 147.5

If you think the Wildcats and Wolverines will collectively score 148 or more points, you would take the OVER. If you think the pooled score will be 147 or less, you would bet the UNDER.

Sometimes the totals will not have a decimal (.5). Let’s pretend that for the same game the total is 147 instead of 147.5. If the final shared score from both teams falls on 147 exactly, it’s called a PUSH. When this happens, you would get your money back since neither the OVER nor the UNDER hit.

Betting On March Madness Futures: Bets For The Long Run

It can be argued that any bet you make is in advance of an event – except for in-play betting but we’ll get to that in a bit. However, with futures odds you can bet weeks or even months before any March Madness brackets appear. A very popular futures bet is on which team will win the national title.

The best March Madness sportsbooks will release odds early so if you see college basketball lines you like, it’s best to grab them right away. Getting a team at plus money (+) will net you a bigger profit than getting them at minus money (-) should your bet hit.

Betting On March Madness Props: Getting More Fun Out Of Your Bets

Prop, short for proposition, is a bet you can make on the occurrence or non-occurrence of certain team or player milestones that may not directly correlate to the outcome of the game. Prop bets are considered even more fun than other March Madness betting markets because you can bet on things like:

  • • How many points will player Y score?
  • • Will a No. 1 seed win the national championship?
  • • How many rebounds will player X have?
  • • Will a No. 16 seed advance to the Final Four?
  • • How many minutes will player Z play?
  • • The first round will have how many buzzer-beating shots?

Parlay Bets On March Madness

The great thing about the men's basketball tournament is that there are so many March Madness betting games to choose from. If you can’t choose just one to bet on, why not bet on all of them? Parlays let you add multiple bets to one ticket.

You can add a Jayhawks moneyline to a bet on Gonzaga to cover the spread. You can also add bets from other sports like an NHL puckline or a soccer wager. With parlay betting, all your bets must hit in order for your ticket to cash.

If even one bet loses, your entire ticket is a bust like the 2008-09 Indiana Hoosiers season. Depending on the online sportsbook, you could add anywhere from two to 15 bets to your betting slip.

Betting On March Madness Teasers: Creating Your Own Betting Lines

Teasers are special kinds of parlay bets that let you move the action in your favor. You can tease the betting lines by a few points to create a smaller or bigger spread, depending on how you handicap the teams playing. For example, you can move the action by 7 points if that makes sense for the game you’re betting on. Like parlays, all bets on your ticket must win otherwise you can’t cash in.

Because teasers let you adjust the odds to your advantage, they do not pay out as much as a bet where you’re not touching the lines. That doesn’t mean you shouldn’t bet a three-team teaser, but keep in mind that you won’t get a huge payout if you win.

March Madness Live Betting: Handicapping Fresh Odds

There will be times when you forget to place your bets before the game or decide at halftime that the OVER you took isn’t going to happen. In-play wagering lets you bet on live odds while the game is unfolding. The best online gambling sites for March Madness will release new odds for spreads, totals and props during commercial breaks.

You can also use live odds to hedge your bets. If you see that your moneyline isn’t going to hit or the team you selected has botched the spread, you could recoup your losses with live picks.

Odds Shark's NCAA Basketball Sites For Betting On March Madness

If you stick to any of the online March Madness betting sites we mention above, you’re in for a great March Madness mobile betting experience. These top March Madness betting sites, along with their betting apps, are by far the best places to bet on March Madness online.

March Madness Betting Sites FAQ

Who should I bet on for March Madness?

There are a handful of teams we think you should bet on for March Madness. The Gonzaga Bulldogs look really good. The Kentucky Wildcats will definitely make things interesting. The Auburn Tigers and Arizona Wildcats are ready to roar, and don’t forget about the Purdue Boilermakers to make a run at the National Championship.

How do I bet on March Madness online?

To bet on March Madness online, check out our NCAA basketball tournament betting news page. There’s a ton of useful March Madness betting information, and a fully detailed explanation of how the NCAA Men's Division 1 basketball tournament works. Odds Shark has March Madness betting tips, NCAAB news, and everything else you require to make winning picks.

Where can I bet on March Madness games after they start?

Did you forget to make your college basketball tournament bets before the game tipped-off? No problem! Check out our reviews of the best March Madness live betting sites online. These in-play live-betting sportsbooks let you bet on March Madness in real time even after the games have started. You'll find live March Madness betting odds, props, and more.