Finding the right place to bet on such a big event can be tough, so we’ve compiled some NCAA March Madness betting sites that are safe, reviewed, and offer users great gambling markets. Here they are below:

Betting Site
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1
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2
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  • Canada
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4
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5
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If you are curious about how we review our betting sites click here. If you want a full list of our reviewed sportsbooks, check out our sportsbook reviews page. You can also read about each brand by clicking “review”.

March Madness is the biggest, most jam-packed sporting event of the year. Featuring the NCAA’s 64 best teams facing off in a single-elimination tournament played over a short span, there is a tone of action for bettors to get in on. There is a lot that sports bettors must decide for March Madness, like what site to bet on, what markets to pick, and which teams are poised to run the table. Here at BettingTop10, we’ve created a March Madness betting guide to help simplify the process for you.  With information, tips on college basketball betting, and much more, we give you everything you need and more to get in on the Madness.

What is March Madness

March Madness is the final tournament that is the culmination of the NCAA season. After play-in games, the top 64 teams in Division 1 will make the tournament based on their performance in the regular season and conference tournaments. They are divided up into 4 sides of the bracket, each with 16 teams. Teams are ranked from 1 to 16, with 1 playing 16, 2 playing 15, and so on.

The games are 40 minutes with 5-minute overtime if necessary. The tournament is single elimination. Eventually, one team from each bracket will remain, and they will compete in a semi-final known as the Final Four. The two winners will face off to see who will be crowned as the March Madness Champion.

March Madness is known for the crazy, anything can happen atmosphere. When a higher-ranked team loses to a lower-ranked team, it is known as an upset. The Big Dance, as March Madness is known, is filled with upsets and crazy moments. Because every team’s season comes down to a single game, every game is tense and drama-filled as teams lay it all on the line. This is a big part of what makes gambling on Madness so fun. Chaos is a guarantee, and bettors delight on trying to capitalize on that chaos.

NCAA March Madness

How to bet on March Madness in Canada

If you are unfamiliar with gambling and trying to get in on the action for this year’s March Madness, BettingTop10 can help. Below, we’ll give you a breakdown of how to get started online betting on the Big Dance.

  1. Sign up for some of our recommended sports betting sites above. These all include NCAA March Madness betting sites. If you’re not sure which betting site to use, look at our reviews which will provide you with more info.
  2. Create your account, and deposit some money. Make sure it is an amount your comfortable losing, as there are no guarantees you will win anything betting on the chaos of March Madness.
  3. Figure out what type of bet you want to make. For example, if you are betting on the winner of the tournament, a team to make the Final Four or Elite Eight, the point spread or winner of a single game, and so on. We will give a breakdown of the March Madness markets available later on in our guide.
  4. Go to the Basketball section of the website you have selected for your bets, and click the NCAA/College Basketball section. There you will see the March Madness betting odds. If you are unfamiliar with how odds work, you can use our odds guide to learn more.
  5. At this point, you should be ready to place your bets. Click on the odds you are betting on, input the amount of money you wish to bet, and click Place Bet, and enjoy the Madness!

March Madness is known to be chaotic, and if you’re a beginner bettor, betting on the tournament can be too. That is why we have come up with an explanation of different markets you can find on NCAA March Madness betting sites:

  • Moneyline: Moneyline is betting directly on the result of a game, so whether one team will win or lose. If you are betting on a team on the Moneyline, that means you are betting on them to win their game outright, regardless of the point spread.
  • Future bets: Future bets are bets on things that are in the more distant future, rather than the outcome of a game that has already happened. For example, a futures bet would be on a team to make the Final Four or win the tournament. These bets take place further on in the future.
  • Total points (over/under): The total points is the number of total points projected to be scored by both teams combined. For this line, you can choose to bet the over or the under, meaning you think either more points will be scored or less.
  • Prop bets: Prop bets are bets on things to happen within a game, or with individuals rather than the team. That means a prop bet could be something like who will win Tournament MVP, or who will score the most points in a game, or whether a team will score more or less than a certain amount of points in a half. These bets are the most expansive, as there’s a lot of different options that oddsmakers come up with.
  • Spread: The spread is the line that oddsmakers project a team will either win or lose by. So if a team is favorited by -3, bettors can choose to bet for the spread, meaning the team will win by more than 3 points, or against the spread, meaning the team will either win by less than three points or lose.
  • Parlays: Parlays are when users combine their different picks into one bet. This gives lower odds of the bet hitting, meaning the payout would be higher. But for a parlay to hit, every part of the bet needs to happen. Meaning if you parlay 5 different teams to win, and 4 of them do, you still won’t make money because not all your picks happened. Parlays are less likely to hit, but because of that, they result in some big payouts.

Betting option beginners should avoid 

NCAA March Madness sites offer a ton of different betting options, but not all of them are for beginners. If you are still learning the ropes of betting, it is good to experiment and try different markets, but maybe invest less heavily in some of them. The main market we’d advise beginners to be careful with is parlays. Parlays can win you big money, but they are also the hardest market to win. It can also be confusing for a beginner. We would just suggest for beginners to put the smallest amount of money into parlays until they gain some experience with betting.

Live Betting

Live Betting is when you are betting on a game that is already in progress. The odds shift and adjust to what is going on in the game, which presents some intriguing opportunities for gamblers to jump in and capitalize. If a team you like goes down early, and you still believe they will win, you can potentially earn more by live betting them. Not all gambling operators offer live betting, so if this is something important to you, make sure that it is available on the site you use. For live betting, it is best to download the app of the gambling operator you are using. That way you can live bet from the couch or on the go, without needing to drag your computer around.March Madness NCAA

March Madness Favorites

While March Madness is a time of chaos and upsets, and anyone can snatch the Championship, there are a few teams who are standing as favorites in the March Madness betting odds. If you are wondering who will win March Madness, here are the three teams many experts are saying have the best shot:

  • Gonzaga, +250 Bodog: Gonzaga has the best odds to win March Madness for a reason. They have the best record of anyone in the nation, at 22-0 at the time of writing. They are led by a mix of talented youngsters like Jalen Suggs, and experienced veterans like Corey Kispert and Joel Ayayi. They also have an experienced coach in Mark Few who led them to a finals appearance in 2017. They are an extremely potent and skilled roster and are just about every oddsmaker pick to be the team to do it this year.
  • Baylor +290 BodogJust behind Gonzaga in the odds is another team that has yet to lose at the time of this writing, at 18-0. Baylor is a team that has all the appearances of a real contender. Led by their experienced backcourt with Junior guards Davion Mitchell and Jared Butler, and Senior guard MaClo Teague, Baylor plays strong team defense and shoots the ball well. This is a recipe for going deep in the Big Dance, and with a team of hungry and experienced older players who might be leaving for the NBA following the tournament, this could be Baylor’s year.
  • Michigan +500 Bodog: The last of the three primary contenders, Michigan is looking like the class of the Big-10 this year, which is, in turn, looking like the best roster in the NCAA. This means Michigan has experience playing against the best teams in the country. Michigan plays a team-oriented game, with a deep squad that sees contributions from everyone. Led by freshman big Hunter Dickinson, and with a stifling defense, Michigan has only suffered one defeat so far this year. Coached by program legend Juwan Howard, Michigan has a squad poised to make some noise in this year’s tournament.

Here are some other teams oddsmakers have pegged as potential contenders:

Betting Tip and Strategies

  • Regions Are Hugely Important: Make sure that before betting on a team to make the Final Four, you look at their region. Who is in a team’s region defines their road to the later stages of the tournament. Before picking your March Madness betting bracket, make sure you’ve looked at the other teams in their region.
  • There is No Home Court Advantage: Because of the pandemic, games will be played in mostly empty stadiums. That means that teams with bigger fan bases won’t enjoy the advantage that would’ve provided them in the past. That means we’re liable to see more upsets this year as the advantage of a fan base is diminished.
  • Bet on the Teams with Older Players: Having a battle-tested team with veterans is key to making a deep run. Your March Madness betting strategy should factor this in. It is rarely ever the young team with NBA prospects that makes the Finals run. It is typically a talented team with a mix of veterans who’ve been there before and younger players. Some teams that have that this year are Gonzaga, Baylor, and Villanova.
  • Team Defense is key: Just like in the NBA, when it comes to making a deep run, teams with a strong defense tend to be the ones who stick around the longest. The last team to win the tournament, Virginia, triumphed over Texas Tech in the Finals. Both of those teams were extremely defensively oriented, and in March Madness, this tends to be the norm. Bet on teams who can suffocate their opponent’s offense.
  • Coaches are Extremely Important in College: Coaches are extremely important in college. While there are exceptions, the coaches who normally win in Madness are coaches who have been coaching for a while and have a lot of tournament experience. The only coach in the past 10 years to win early on in his career was UCONN’s Kevin Ollie. Other than that, it is all coaches who have tried their hand at the tournament many times in the past.

Statistics and Useful General Information

Here are some stats that might impact how you bet on the 2021 March Madness Tournament:

  • 1 in 9.2 quintillions: statistical odds of filling out a perfect brack
  • 1: the amount of 1 seeds who have lost in the first round in the modern history of the tournament (Virginia lost to UMBC in 2018)
  • 264: Most points scored in a March Madness game (Loyola Marymount vs Michigan, 1990)
  • 1987: Last time a player scored more than 45 points in a game in a tournament (David Robinson)
  • 86%: How many 1 seeds have won more than 2 games
  • 7%: Percentage that 7 seeds have beaten 10 seeds.
  • 20-20: The 11 seeds record against 6 seeds since 2011

Dates & Places

March Madness’ First round begins March 19th and March 20th of 2021. Games are played from then until April 5th, which is when the Championship game is played. Some of the March Madness locations this year include Lucas Oil Stadium in Indianapolis, as well as Bankers Life Fieldhouse, Hinkle Fieldhouse, and other locations across Indiana.

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