NCAA Tournament Betting Odds
The NCAA tournament is one of the most exciting sports betting events of the year, colloquially known as March Madness. The Tournament starts with 68 teams and works all the way down to just one. Naturally, this doesn't come without a boatload of drama, bracketology and wagering. Given this; it’s no surprise that March Madness betting is one of the premier wagering moments of the year. Besides all the great basketball going on in the tournament, there are tons of bracket pools and contests to gamble upon. However, an often-overlooked way to bet on the NCAA Tournament is through actual sports betting – the NCAA Tournament betting odds on the eventual national champion and the games themselves.
While many people across the country focus on brackets with low chances to win, they could instead focus on wagering on individual matchups and stand a pretty decent chance of making some money. Each game is a chance at redemption and to prove that you know what you're talking about when it comes to college hoops. On this page, we’ll talk about how to bet on March Madenss. We’ll also cover the best sportsbooks available for betting on the tournament as well as explanations of all the betting types you will encounter. Also, be sure to check out our page with the latest odds to win the 2021 NCAA Tournament coming up later this year.
Current NCAA Tournament Odds
The 2021 NCAA Tournament is coming up fast, and while teams aren’t locked in yet, a hierarchy is already developing. Futures odds have been available for months, shifting daily, and their current form favors Gonzaga, with Baylor only slightly behind. Those two seem to be the predominant contenders to win the tournament this year. Below, you can find the current odds for the NCAA tournament, with each team’s ranking marked in parentheses. The odds on the Final Four winner on this page only go up as far as +6600, but some sportsbooks have odds on teams that go as far as +100000.
NCAA Men's Basketball Tournament Odds
- Gonzaga (#1) +275
- Baylor (#2) +300
- Michigan (#3) +900
- Villanova (#5) +1400
- Texas (#13) +1500
- Iowa +1500
- Alabama (#11) +1600
- Wisconsin (#21) +2200
- Illinois (#6) +1800
- Florida State (#17) +2400
- Tennessee (#16) +2400
- Houston (#8) +2000
- Virginia (#9) +2400
- Creighton (#19) +3000
- West Virginia (#14) +3300
- Kansas +4500
- Texas Tech (#7) +2500
- Oregon +5500
- Ohio State (#4) +2800
- Connecticut +6000
- Michigan State +8000
- North Carolina +6600
- Duke +8000
- UCLA +6600
- Louisville +6600
- Colorado +6600
- Virginia Tech (#18) +6600
- Florida +9000
- Minnesota +8000
- Rutgers (#25) +6600
- LSU +7500
- Clemson +6600
- Saint Louis +6600
- Kentucky +7000
- San Diego State +8000
- Indiana +6600
- USC +6600
Betting On The NCAA Tournament Odds Legally
Sports betting laws in the United States are not very consistent from state to state. Some states have legalized sports betting, and some haven’t. Some states have online sports betting, and some don’t. One way to make it all very simple is to use an online sportsbook that is located offshore. These sportsbooks are not subject to the laws of the US but rather find their regulations in varying countries outside of the United State. March Madness betting sites like Bovada and BetOnline are some of the most highly regarded betting platforms in the world, and they take in wagers from all over the globe, which ironically makes them better at giving odds on hometown teams than local sportsbooks. This is because local sportsbooks have to anticipate larger than average interest in betting on the local team, and adjust the odds accordingly. Global sportsbooks don’t have that problem.
#1
Betting On March Madness At Bovada
- Accepts USA Players
- Great Selection of Odds and Props
- Easy Deposit Methods
- Fastest Payouts
Bovada is a great sportsbook for betting the March Madness odds. First off, they’re one of the most widely known sportsbooks in the world, and they have a ton of users on their website to make sure the odds reach equilibrium quickly. Bettors can wager on all aspects of March Madness at Bovada, from prop bets to straight bets to futures bets. They can even parlay aspects of games together with Bovada’s excellent bet building utility. Overall, Bovada fits everything anyone could need to wager on March Madness into an easy-to-use package.
#2
March Madness Wagering With BetOnline
- Great Odds and Props
- Available to US Players
- Crypto Deposits
- Great Customer Service
BetOnline is a sportsbook that could be a comfortable resting place for many wagerers. The vibe of their website is very much like you’re looking at a bookie sheet, except it’s online. Each game has odds on it, and if you click the little + sign next to the odds, you’ll see all the sub wagers available on the game as well. These sub wagers can be alternate lines, individual player props, team props and more. Using BetOnline is simple, and the website itself is designed to allow bettors of all skill levels to comprehend sports betting. They’re well worth checking out, especially when looking at the March Madness futures odds at BetOnline.
Types of NCAA Tournament Betting Odds
NCAA Tournament bettors come in all shapes and sizes, and experience levels vary too. If you’re new to sports betting, make sure to check out this section to learn what the wagers you’re placing mean for you. There are three main wager types that you’ll be looking to place when wagering on the NCAA tournament - Straight Bets, Prop Bets and Futures Bets.
NCAA Tournament Straight Betting Odds
Straight betting is simply another name for betting the spread, over/under, or the moneyline on individual games. This is the most common way to bet on the NCAA Tournament on a game-to-game basis. Straight betting on the NCAA Tournament begins shortly after Selection Sunday once the First Four and second round matchups have been established.
NCAA Tournament Proposition Betting Odds
NCAA Tournament props are available for individual players as well as teams. Generally, props involve selecting the over/under on things like points, rebounds, assists, steals, etc... just about any statistical category. These props are really fun and they give bettors a reason to watch every game closely. Most NCAA Tournament prop bets are unveiled after the matchups have been set on Selection Sunday.
NCAA Tournament Future Betting Odds
Betting on NCAA Tournament futures odds is just another way of saying who you think will win the national championship. Futures odds are commonly bet on by fans of a particular team. However, if you think you know who the champion is going to be, you can wager on whatever team you'd like. Futures betting odds for the NCAA Tournament are available for most of the year including the day after the championship game for next year’s tournament.
Mobile Betting On March Madness
Many online sportsbooks also offer mobile betting as part of their suite of betting tools. This is not very complex - you simply visit the sportsbook with your phone or tablet, and the sportsbook shows up in a mobile optimized format in your browser. Mobile betting on the NCAA Tournament can allow bettors to place wagers no matter where they are or what they’re doing. If you’re in the office and you see a hot tip flash across your screen from ESPN, you can wager on it simply by using your phone. This is a great way to make sure you never miss a bet.
Live Betting On March Madness
Live betting is one of the more advanced methods of wagering, and refers to placing wagers during the game. All of the pregame straight bet and prop bet odds continue to be available for wagers during the game with ever shifting odds. Let’s say the underdog jumps out to a 10-point lead in the first quarter. In a situation like that, you might be able to get profitable March Madness betting odds on the favorite at that time. If you already had money on the underdog, you could hedge your bet with those odds. Similarly, you can also use live betting to double down, or to find opportunities to build profit by middling. Live betting is a useful tool in any bettor’s arsenal.