The NCAA March Madness tournament kicks off this week, and it’s the time to start thinking about betting. With legal online sports wagering in the US now available at more than 30 sites, it’s the perfect time to place your bets on some of the most exciting college basketball action.
Whether you’re a casual fan or an ardent bettor, it’s important to understand the odds for each game before placing your bet. This will help you make informed decisions when it comes to your March Madness picks.
You can also use the information in your bracket to help determine who should be picked against each other, and how much to bet. In addition, you can look at the history of teams in the tournament to determine who has had the best chances to win each round.
One of the most popular ways to bet on the NCAA tournament is by using a point spread, which allows you to pick a team to win a certain number of points. You can also choose to bet on a moneyline, which allows you to place a bet based on how much the total score will be.
There are several factors that can influence the odds of a specific game, including how hot a team is, its performance in previous games and other factors like injuries and weather. Regardless of your picks, the best way to place a bet is by using a trusted sportsbook that offers a wide range of wagering options.
Some of the best sportsbooks for betting on March Madness include DraftKings, FanDuel, and PointsBet. These top sportsbooks offer a variety of betting options, including a unique points system and close ties to pro players. They also offer an easy-to-use mobile app for betting on the NCAA tournament.
The probability that you can pick a perfect bracket is astronomically low. That’s why you should be cautious about making a lot of bets on a single game and filling out your entire bracket.
If you’re looking to bet on the tournament, knowing which sportsbooks accept wagers from US residents is vital. Luckily, most of them do, and all of them have an excellent mobile app for bettors to access their wagers.
A good rule of thumb is to always bet on a team that’s favored by at least five points. This will ensure that you’re getting a fair price on your bets.
It’s also a good idea to bet against a team that is underdog by a significant margin, as many underdogs are able to cover their points spread and win the game outright. This has occurred in more than half of the games since 1985 and is an important strategy to consider when it comes to putting together your NCAA tournament picks.
This year, a few teams have the potential to surprise in the NCAA Tournament. Some of these surprises will be obvious, but others may be more surprising. For example, Kansas State is the highest-seeded team in the tournament, but the Wildcats have surprised all season long with their 17-2 start. Those wins over West Virginia, Texas, Baylor, and Kansas have shown that the Wildcats are for real.
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