Over 45 million American adults bet on March Madness every year, with most of this action taking place online. That said, millions of people look for March Madness betting sites before the NCAA basketball tournament tips off. If you’re one of these gamblers, then you can find the top-rated college basketball sportsbooks here.

This March Madness betting guide covers the best NCAA Tournament betting sites, huge bonuses, legalities, and more. You’ll also learn how to gamble on March Madness if you’re not already familiar with doing so. All betting sites mentioned here are based offshore and available in most US states.

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Top 10 March Madness Betting Sites 2023

Many March Madness betting sites are available throughout the sports wagering industry. How do you find the best of the best with such a wide selection? You can rely on our top 10 list for help in locating the top March Madness betting websites.

  1. BetOnline – Releases odds for March Madness games faster than the competition
  2. Bovada – Offers a wealth of futures bets on the NCAA tourney
  3. MyBookie – Well optimized for mobile college basketball bettors
  4. Everygame – Features entertaining March Madness betting promotions
  5. XBet – Good source for March Madness prop bets
  6. Lucky Block – Delivers the fastest withdrawals through crypto
  7. BetUS – Massive sign-up bonus worth up to $5,000
  8. BetNow – Currently offering a $1 million March Madness bracket contest
  9. BUSR – Large selection of live betting opportunities for the tournament
  10. JazzSports – Deep coverage of most NCAAB tournament bet types

With crypto being to go-to payment method for online gambling – due to its anonymity, instant withdrawals and zero fees – we recommend sites such as Lucky Block, who also offer no KYC verification.

Click the links below to find out more about the top crypto and fiat banking sportsbooks:

2023 March Madness Key Info

  • Tournament: March Madness 2023
  • 📅 Date: March 14 – April 3
  • 🏟️ Stadium: NRG Stadium (Houston, TX) for Final Four
  • 📺 TV channel: CBS, TBS, TNT, and truTV
  • 🎲 Favorite: Houston Cougars +700 at Bovada

How to Gamble on March Madness

Most March Madness betting sites do a good job at making their signup and deposit processes easy. Nevertheless, you might still want pointers on how to gamble on March Madness. If so, you can use the following steps to quickly sign up, deposit, and place March Madness bets.

1. Choose & Visit an Online Sportsbook

The first step involves finding a quality sportsbook that offers March Madness betting. We suggest using our top 10 list and reviews to quickly find a top-tier NCAA Tournament betting site.

BetOnline March Madness betting

2. Fill out the Registration Form

You’ll find a prompt to sign up or join on the homepage. In our example, BetOnline features a “Join” option in the upper right-hand corner. The registration process typically requires entering your name, address, email, phone number, username, and password.

Bovada signup form

3. Make a Deposit

You’ll need funds before wagering on the NCAA basketball tournament. Most March Madness betting sites accept cryptocurrencies, credit credits, and potentially other options.

BetOnline deposit

4. Enter Your March Madness Bonus Code

Some March Madness betting sites require sportsbook promo codes (optional) during the deposit process. In other cases, you just need to follow our B2C affiliate code to qualify.

March Madness bonus code

5. Start Placing March Madness Bets

Once funds arrive, you’re ready to start making wagers on NCAA Tournament action. You’ll find various March Madness betting lines in the relevant site’s sportsbook section.

BetOnline college basketball bets

Reviews of the Best March Madness Sportsbooks

We’ve carefully selected 10 March Madness betting sites that stand out from the pack. You can see our reasoning behind picking each of these sportsbooks in the following reviews.

1. BetOnline – Releases the Quickest March Madness Odds

Sportsbook facts:

  • Website: BetOnline.ag
  • Payout time: 0-2 days
  • Established: 2004
  • License: Panama
  • Headquarters: Panama City, Panama

Our Verdict: 4.9/5

BetOnline launched in 2004 and has been accepting March Madness bets ever since. This bookmaker specializes in releasing lines quicker than competitors. Therefore, you can always look to BetOnline when wanting to jump on the earliest lines.

BetOnline basketball betting

This betting site is notable for its March Madness bracket betting contests too. It’s currently offering a $250,000 bracket event, where the winner receives $75,000.

March Madness Options at BetOnline: 4.8/5

BetOnline does a good job of providing various bets for March Madness. It features moneylines, spreads, totals, props, futures, and even same-game parlays. Of course, you can also expect many live betting opportunities here too.

Payment Options: 5.0/5

Offering 18 cryptocurrencies and multiple credit cards, BetOnline makes it easy to fund your account. This sportsbook goes above and beyond with crypto, providing less common options like ApeCoin, Shiba Inu, Stellar, and Tron. Of course, you can also expect the classics like Bitcoin, Ethereum, and Litecoin.

Customer Support: 4.8/5

The BetOnline customer service team is available 24/7 via email, live chat, and phone. We reached a rep in roughly 15 seconds when using live chat.

Bonuses & Promos: 4.9/5

BetOnline has a nice selection of bonuses for basketball bettors. It gives you the choice between a 100% match crypto or 50% match fiat welcome bonus. From here, it provides 35% crypto and 25% fiat reload bonuses for life.

BetOnline sports bonuses & promos

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Crypto sign-up bonus 100% up to $1,000 CRYPTO100 14x $20
Sign-up bonus (fiat) 50% up to $1,000 BOL1000 10x $55
Crypto reload bonus 35% up to $350 CRYPTO35 8x $20
Fiat reload bonus 25% up to $250 LIFEBONUS 6x $50

Pros:

  • Early lines for March Madness
  • $250k bracket betting contest
  • 20+ deposit methods
  • Reload bonus for life

Cons:

  • Up to 10% credit card fees
  • High bonus rollover

2. Bovada – Great Selection of March Madness Futures

Sportsbook facts:

  • Website: Bovada.lv
  • Payout time: Up to 24 hours
  • Established: 2011
  • License: Curaçao Gaming Control Board
  • Headquarters: Costa Rica

Our Verdict: 4.8/5

Bovada only serves the US market and, thus, puts lots of focus on American favorites like March Madness. This focus really shows in the futures department, where Bovada outshines every other sportsbook. It provides futures on the Sweet 16, Elite 8, Final Four, and NCAA champion.

Bovada March Madness betting

If you like March Madness prop bets, you’ll find plenty to enjoy here as well. Bovada offers a prop builder that lets you customize these wagers.

March Madness Options at Bovada: 5.0/5

Again, Bovada is the place to make futures bets on March Madness action. It’s one of the few online sportsbooks that goes beyond just championship futures and includes other rounds too. Bovada also offers several other bet types and a prop builder feature.

Payment Options: 4.6/5

This betting site accepts credit cards, cryptocurrencies, and bank wires. It provides an average crypto selection, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Tether.

Customer Support: 4.7/5

You can reach Bovada customer service 24/7 through email and live chat. Unfortunately, you’ll have to go through the help center before finding email and chat contacts.

Bonuses & Promos: 4.7/5

Offering a 75% match up to $750, the Bovada crypto sports bonus may not be the industry’s biggest offer. However, it does have incredibly low 5x rollover compared to the 10x industry average. The fiat (credit card) bonus also has 5x rollover, although the 50% match is undesirable.

Bovada sports bonuses & promos

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Crypto sports sign-up bonus 75% up to $750 BTCSWB750 5x $20
Sports sign-up bonus (fiat) 50% up to $250 No code 5x $20
Refer a friend 200% up to $200 + $75 for crypto deposits Special referral link N/A $20 (friend)
Loyalty program Trade points for cash N/A N/A N/A

Pros:

  • Large range of futures
  • Prop builder feature
  • Low bonus rollover
  • Solid loyalty program

Cons:

  • High fees on credit cards
  • Could use more promos

3. MyBookie – User-friendly March Madness Mobile Betting

Sportsbook facts:

  • Website: MyBookie.ag
  • Payout time: 1-48 hours
  • Established: 2017
  • License: Curaçao Gaming Control Board
  • Headquarters: Costa Rica

Our Verdict: 4.7/5

MyBookie offers one of the smoothest mobile sports betting experiences for March Madness fans. Everything from the layout to the college basketball section keep Android and iOS users in mind.

MyBookie college basketball

Like Bovada, this online sportsbook offers a prop builder as well. You can customize player props by selecting athletes, stats, and totals. MyBookie also features bracket contests and gives you one free entry.

March Madness Options at MyBookie: 4.8/5

This bookmaker really excels at prop bets, offering many regular props along with the aforementioned prop builder. It also has a solid selection of traditional NCAAB bets, including moneylines, totals, and spreads. Our only slight complaint is that the March Madness live betting section could offer more.

Payment Options: 4.8/5

You can deposit at MyBookie with credit cards, Person2Person, and 10 cryptocurrencies. The crypto includes Binance Coin, Bitcoin, Bitcoin Cash, Cardano, Dogecoin, Ethereum, Litecoin, Shiba Inu, Solana, and Tether. Minimum deposits include $20 for crypto, $45 for credit cards, and $100 for Person2Person.

Customer Support: 4.3/5

This customer service team is available 24/7 through live chat and email. However, you must register for an account before accessing live chat.

Bonuses & Promos: 4.7/5

The MyBookie sports welcome bonus matches your first deposit by 50% up to $1,000. This betting site keeps the offers rolling with a lifelong reload bonus and loyalty perks.

MyBookie bonuses & promos

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sports sign-up bonus 50% up to $1,000 B2C100 10x $50
Cash bonus 10% up to $200 200CASH 1x $45
Reload bonus 25% match MYB25 6x $100
Refer a friend 200% up to $200 Referral link 20x $50 (friend)

Pros:

  • Nice mobile experience & usability
  • Prop builder tool
  • March Madness bracket contests w/ free entry
  • Regular reload bonuses

Cons:

  • Only 50% match on bonus
  • Live betting section could be bigger

4. Everygame – Offers Special March Madness Promotions

Sportsbook facts:

  • Website: Everygame.eu
  • Payout time: 0-5 days
  • Established: 1996
  • License: Curaçao Gaming Control Board
  • Headquarters: Antigua and Barbuda

Our Verdict: 4.6/5

Everygame is one of the the oldest sportsbooks on this list, launching in 1996 as Intertops. Innovative promotions are a big reason for Everygame’s long history of success. This bookmaker offers specific promos for March Madness and other big sporting events. For example, you could win a Final Four experience package just by placing regular bets.

Everygame March Madness bets

You can expect fair odds when betting on March Madness at Everygame. This sportsbook’s NCAAB odds compare well to any other operator.

March Madness Options at Everygame: 4.7/5

The March Madness variety at Everygame ranges from above average to great depending upon the bet type. The college basketball props and futures are in abundance, while the moneylines, totals, and spreads are adequate. Overall, you should be pleased with Everygame’s NCAA tourney betting selection.

Payment Options: 4.0/5

Everygame doesn’t have a massive number of payment methods, but it gets the job done. You can place deposits using Bitcoin, Bitcoin Cash, Litecoin, credit cards, EcoPayz, and EU SEPA bank transfer. Withdrawals are available through crypto, check, SEPA bank transfer, and bank wire.

Customer Support: 4.3/5

You can contact Everygame support 24/7 using email and live chat. However, you’ll have to register for an account before gaining access to the chat function.

Bonuses & Promos: 4.8/5

Everygame offers some of the best bonuses around for March Madness, including a sign-up offer with a low rollover and you can even win Final Four tickets which includes hotel and flights.

Everygame bonuses & promos

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sports sign-up bonus 100% up to $250 3XBOOST250 4x $20
Final Four tickets FF tickets + hotel & flight accommodations N/A N/A Make bets & earn prize entries
Free parlay bets 20 X $50 parlay bets monthly prize drawing N/A N/A Place 4-leg parlay (+300 min. odds) / lose bet by 1 leg
$1k Monthly Parlay Prince $1,000 bonus to one bettor N/A N/A Earn the highest parlay win of the month

Pros:

  • Features promos specifically for March Madness
  • Competitive NCAA basketball odds
  • Sign-up bonus comes in three parts
  • Low bonus rollover

Cons:

  • Some withdrawal methods are slow
  • Not many banking options

5. XBet – Offers Plenty of March Madness Props

Sportsbook facts:

  • Website: XBet.ag
  • Payout time: 0-3 days
  • Established: 2013
  • License: Curaçao Gaming Control Board
  • Headquarters: Willemstad, Curaçao

Our Verdict: 4.5/5

If you enjoy making March Madness prop bets, then you’ll definitely want to check out XBet. This betting site offers plenty of props on each NCAA tourney game. You simply need to select the “Props” option next to any given contest.

XBet March Madness betting

XBet also does a nice job covering moneyline, spread, totals, and live wagering. In short, you’ll have no trouble finding intriguing wagers at this sportsbook.

March Madness Options at XBet: 4.7/5

As discussed above, XBet is a leader in NCAAB tournament prop bets. You can select the Props option by a given tournament game to display these wagers. This operator provides plenty of options in most other main bet categories too, except for futures.

Payment Options: 4.6/5

You can deposit at XBet using Visa, Mastercard, Person2Person, and 10 cryptocurrencies. The crypto methods include Binance Coin, Bitcoin, Bitcoin Cash, Cardano, Dogecoin, Ethereum, Litecoin, Shiba Inu, Solana, and Tether. Minimum deposits include $20 for crypto, $45 for credit cards, and $100 for P2P.

Customer Support: 4.4/5

The XBet support team is available 24/7 via email and live chat. Unfortunately, this is another sportsbook that makes you register before chat is available.

Bonuses & Promos: 4.3/5

XBet offers a solid lineup of promotions, beginning with a 50% match up to $500 sign-up bonus. Other promos include a regular 25% reload bonus up to $250 and a 7% horse racing betting rebate.

XBet bonuses & promos

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sports sign-up bonus 50% up to $500 B2CXB 7x $45
Reload bonus 25% up to $250 XB25 5x $100
Horse rebate Up to 7% rebate for horse bets N/A N/A N/A

Pros:

  • Lots of March Madness props
  • Free $5k bracket contest entry
  • Betting & strategy articles
  • Consistent reload bonuses

Cons:

  • 50% up to $500 bonus not spectacular
  • Limited NCAAB futures

6. Lucky Block – Delivers Fast March Madness Payouts

Sportsbook facts:

  • Website: LuckyBlock.com
  • Payout time: Up to 15 minutes
  • Established: 2022
  • License: Curaçao Gaming Control Board
  • Headquarters: Willemstad, Curaçao

Our Verdict: 4.4/5

Lucky Block is an online sportsbook that’s mainly focused on anonymous cryptocurrency betting. You can gamble here without doing KYC and giving out personal details. Additionally, you can deposit and bet with just $1 worth of crypto.

Lucky Block NCAA Tournament betting

This sportsbook offers some of the fastest payouts so long as you’re using cryptocurrencies. Contrast this to many other betting sites, which make you wait days for cashouts.

March Madness Options at Lucky Block: 4.5/5

You’ll find a standard mix of NCAAB wagers at the Lucky Block sportsbook. We’d like to see the March Madness futures go up faster here, but we can’t complain about the betting selection otherwise.

Payment Options: 5.0/5

Lucky Block Sports excels in the payments department, offering credit cards, wire transfer, Apple Pay, and cryptocurrencies. The latter include Bitcoin, Bitcoin Cash, Cardano, Dogecoin, Ethereum, Litecoin, Tether, and Tron. You only need to place a $1 minimum crypto deposit to get started, and no KYC process is involved.

Customer Support: 4.8/5

You can reach Lucky Block’s customer service 24/7 via live chat and email. We used live chat and quickly got in touch with a support rep.

Bonuses & Promos: 3.3/5

This sportsbook could definitely improve upon its promotions. While Lucky Block Casino offers up to a $10,000 welcome bonus, the sportsbook has no sign-up offer. You can expect occasional promotions here as a member.

Lucky Block bonuses & promos

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sign-up bonus (casino only) 200% up to $10,000 + 50 free spins N/A 6x (bonus released in 10% increments) $1
Occasional sports promos Varies N/A Varies $1

Pros:

  • Instant withdrawals
  • Anonymous betting (no KYC necessary)
  • Large selection of crypto banking methods
  • $1 minimum deposit

Cons:

  • No sports sign-up bonus
  • Need VPN from some countries (e.g. US & UK)

7. BetUS – Has a Huge Bonus for March Madness Bettors

Sportsbook facts:

  • Website: BetUS.com.pa
  • Payout time: Up to 24 hours
  • Established: 1994
  • License: Curaçao Gaming Control Board
  • Headquarters: Costa Rica

Our Verdict: 4.3/5

BetUS offers multiple sign-up bonus options, but none bigger than its 200% match crypto bonus up to $5,000. This deal provides up to $3,750 for the sportsbook and $1,250 for the casino. You can choose any one of 18 cryptocurrencies to deposit with and score this offer.

BetUS college basketball

Helpful March Madness betting tips and predictions are available through BetUS TV. You can access this network through your mobile device or computer.

March Madness Options at BetUS: 4.3/5

The BetUS March Madness section provides moneylines, futures, totals, parlays, and live wagering. It also offers futures, although these come out later than at most other sports betting sites.

Payment Options: 4.4/5

You can fund your BetUS account using Bitcoin, Bitcoin Cash, Ethereum, Litecoin, credit cards, and cash transfers (phone). The minimum deposit is only $10, but you’ll have to deposit $100 for the bonus.

Customer Support: 4.4/5

The BetUS customer service team is available through email, live chat, and phone. We used chat and reached a rep in around 30-40 seconds.

Bonuses & Promos: 4.3/5

BetUS is one of the industry’s best at offering huge bonuses. Case in point, their largest deal is a 200% match bonus up to $5,000. However, the rollover and minimum deposit are high on BetUS bonuses.

BetUS sports bonuses & promos

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Crypto sports sign-up bonus 200% up to $5,000 (150% up to $3,750 for sports) JOIN200 15x $100
Sports sign-up bonus (fiat) 125% up to $3,750 (100% up to $2,500 for sports) JOIN125 10x $100
Alternative crypto sign-up bonus 100% up to $2,500 SU100CRYPT 10x $100
Re-up sports bonus 50% match (amount varies by VIP level) N/A Varies Varies

Pros:

  • Huge welcome bonus
  • Regular promotions
  • March Madness predictions through BetUS TV
  • Solid live betting section.

Cons:

  • High bonus rollover
  • $100 minimum deposit for sign-up bonus

8. BetNow – Best for March Madness Bracket Contests

Sportsbook facts:

  • Website: BetNow.eu
  • Payout time: 0-3 days
  • Established: 2016
  • License: Curaçao Gaming Control Board
  • Headquarters: Willemstad, Curaçao

Our Verdict: 4.2/5

Do you like filling out March Madness brackets and chasing big prize money? If so, then BetNow is definitely worth checking out because of its $1 million bracket contest. You get one entry and a shot at the $350,000 first-place prize.

BetNow March Madness

Aside from its big bracket event, BetNow provides a user-friendly sportsbook for March Madness bettors. You can quickly find the wagers you’re seeking, whether they be spreads, halftime totals, or something else.

March Madness Options at BetNow: 4.4/5

BetNow’s NCAA basketball tournament betting selection is above average. It’s adequate at supplying moneylines, spreads, totals, and live wagers. This bookmaker really excels regarding halftime totals, where many opportunities are available. But the NCAAB futures tend to go up slower versus the competition.

Payment Options: 3.7/5

The BetNow.eu banking selection only offers Visa, Mastercard, American Express, Person2Person, Bitcoin, and BitcoinCash. Minimum deposits range from $10 (crypto) to $50 (P2P).

Customer Support: 4.6/5

You can reach the BetNow staff through email, chat, and phone 24/7. We contacted a rep through live chat and quickly had our payment questions answered.

Bonuses & Promos: 4.0/5

BetNow offers multiple sign-up bonus options, but the 150% match up to $150 is the best deal. You can expect contests and re-up bonuses here as well.

BetNow bonuses & promos

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sports sign-up bonus 150% up to $150 B2C100 10x $20

Re-up bonus 25% up to $500 REUP25 5x $20
Contests Varies (e.g., $10k weekly NBA giveaway) N/A N/A Free weekly entry
VIP program Trade points for cash N/A N/A N/A

Pros:

  • $1 million bracket contest
  • 150% match on sign-up bonus
  • User-friendly sportsbook
  • Plenty of halftime bets

Cons:

  • Slow to put out NCAAB futures
  • High rollover on bonuses

9. BUSR – Good for March Madness Live Betting

Sportsbook facts:

  • Website: BUSR.ag
  • Payout time: 0-3 days
  • Established: 2014
  • License: Curaçao Gaming Control Board
  • Headquarters: Costa Rica

Our Verdict: 4.1/5

Launched as a racebook only, BUSR has successfully made the transition to sports betting. It now features a solid number of March Madness wagering opportunities, especially in its live betting section.

BUSR college basketball betting

The BUSR sign-up bonus options are definitely worth checking out. You can score either a 150% match fiat bonus up to $2,500 or 100% up to $1,000 crypto offer.

March Madness Options at BUSR: 4.4/5

Again, BUSR’s live college basketball betting selection stands out. You’ll find many live wagering opportunities as the tournament rolls on. This bookmaker could improve on releasing futures, though, compared to other sportsbooks.

Payment Options: 3.9/5

BUSR offers an okay selection of payment methods, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and credit cards. The minimum deposit to qualify for bonus opportunities here is $20.

Customer Support: 4.5/5

Available BUSR support contacts include phone, live chat, and an email contact form. You can reach the customer service team at this sportsbook 24 hours a day.

Bonuses & Promos: 4.2/5

You can score one of two big welcome bonuses at BUSR, including a crypto or fiat deal. This betting site also offers a solid refer-a-friend program.

BUSR bonuses & promos

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sports sign-up offer (fiat) 150% up to $2,500 B2C150 5x $20 ❌ 
Crypto sports sign-up bonus 100% up to $1,000 100CRYPTO 10x $20
Refer-a-friend Up to $250 N/A 5x N/A (friend)

Pros:

  • Plenty of live betting opportunities for March Madness
  • Large sign-up bonus
  • Low rollover on signup offer
  • Good reputation

Cons:

  • Slow on releasing college basketball futures
  • No live streaming

10. JazzSports – Deep Markets on the NCAA Tourney

Sportsbook facts:

  • Website: JazzSports.ag
  • Payout time: Up to 24 hours
  • Established: 1994
  • License: Curaçao Gaming Control Board
  • Headquarters: Costa Rica

Our Verdict: 4.1/5

JazzSports does a nice job with certain NCAA basketball tourney markets, such as futures, moneylines, and spreads. You’ll find deep coverage of these bet types when wagering here.

JazzSports March Madness futures

Like BetNow, JazzSports also offers a $1 million bracket contest. It keeps the promos rolling with up to a $1,000 sign-up bonus and multiple reload bonus options.

March Madness Options at JazzSports: 4.4/5

As covered above, JazzSports goes really in depth on specific markets like moneylines and futures. Our one issue, though, is that its prop bet selection could improve.

Payment Options: 3.9/5

This sportsbook accepts deposits through Visa, Mastercard, Person2Person, Bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin, and Tether. The minimum deposit to qualify for many bonuses is steep at $100.

Customer Support: 4.3/5

The JazzSports team is available through email, live chat, and phone. Keep in mind that you’ll have to look through the help section to find the proper contacts.

Bonuses & Promos: 4.1/5

JazzSports offers a decent selection of promotions, headlined by a 50% sign-up bonus up to $1,000. It also features two reload bonuses, although the match percentages on them are rather low.

JazzSports bonuses & promos

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sports sign-up bonus 50% up to $1,000 JAZZ50 10x $100
Cash reload bonus (doesn’t include credit cards) 20% up to $500 Not listed 10x $100
Reload bonus (includes credit cards) 10% up to $1,000 Not listed 3x $100

Pros:

  • Deep coverage of certain March Madness markets
  • Lots of futures bets
  • $1 million bracket contest
  • Quick crypto payouts

Cons:

  • 1x rollover on deposits
  • Could offer more prop bets

2023 March Madness Betting Odds – The Favorites

The 2023 NCAA basketball tournament field looks to be a competitive one. Houston is an early favorite (+700), but several schools are nipping on the Cougars’ heels. You can see the top 20 contenders’ odds to win March Madness below. Note that these March Madness betting odds are subject to change.

Team BetOnline Bovada MyBookie Everygame Lucky Block JazzSports
Houston TBC +650 +640 +600 TBC +725
Kansas TBC +800 +870 +850 TBC +850
Alabama TBC +900 +900 +900 TBC +800
Purdue TBC +900 +1025 +1000 TBC +900
UCLA TBC +900 +1100 +1100 TBC +1000
Baylor TBC +1400 +1575 +1600 TBC +1800
Arizona TBC +1600 +1425 +1400 TBC +1800
Connecticut TBC +1800 +2000 +2000 TBC +1500
Gonzaga TBC +2200 +2400 +2500 TBC +2500
Marquette TBC +2500 +3500 +3300 TBC +3000
Tennessee TBC +2500 +2200 +2500 TBC +1800
Texas TBC +2500 +2100 +2000 TBC +2500
Indiana TBC +3000 +2700 +2500 TBC +3000
TCU TBC +3000 +3300 +3300 TBC +3000
Kentucky TBC +3500 +4400 +5000 TBC +3750
St. Marys TBC +3500 +3500 +3300 TBC +4000
Creighton TBC +4000 +2900 +2800 TBC +4000
Arkansas TBC +4500 +4800 +5000 TBC +4000
Kansas State TBC +4500 N/A +4000 TBC +5000
Virginia TBC +4500 +3100 +2800 TBC +4000

March Madness 2023 Info

A total of 68 schools will vie for the 2023 NCAA Championship, including 32 conference champions and 36 at-large bids. No team is the overwhelming favorite to win the NCAA Tournament, meaning there’ll be a very competitive field. If you’re interested in March Madness betting, you can learn more about the 84th edition below.

What is March Madness?

March Madness is the nickname for the Division 1 Men’s NCAA Basketball Tournament. The nickname partially comes from the fact that the tourney begins in mid-March. It also alludes to how many upsets happen over course of the tourney. You can see the various rounds that take place below:

  • First Four – Four play-in games to eliminate four low-seeded teams.
  • First Round – Four regions consisting of teams seeded 1-16.
  • Second Round – Regional quarterfinals.
  • Sweet 16 – Regional semifinals.
  • Elite 8 – Regional finals between last two teams in each region.
  • Final Four – Four regional champions meet in Houston, Texas.
  • NCAA Championship – Determines the winner of the NCAA Tournament.

When is March Madness?

The 2023 NCAA Tournament tips off on March 14 in Dayton, Ohio, with the First Four play-in games. March Madness continues with the first round (a.k.a. Round of 64) beginning on Mar. 16. The tourney progresses through more rounds until April 1, when the Final Four begins in Houston.

What channel is March Madness on?

The Four Four games will air on truTV on Mar. 14 and 15. CBS, TBS, TNT, and truTV will each show first and second round games. TBS and CBS are the only networks airing Sweet 16 and Elite 8 contests. CBS will have sole rights to the NCAA Championship in Houston.

Who are the favorites for March Madness 2023?

The Houston Cougars currently have the best March Madness betting odds at +700 with Bovada. Houston has had a great regular season and is a lock for a No. 1 regional seed. Other teams with strong odds of winning the NCAA Championship include Kansas (+800), Alabama (+900), and Purdue (+900).

Who won March Madness in 2022?

The Kansas Jayhawks won the 2022 March Madness title after defeating North Carolina 72-69. Kansas looked all but beat in the first half, down by 16 at one point to the Tar Heels. However, it overcame the largest deficit ever en route to winning the school’s fourth national championship.

2023 March Madness Schedule

NCAA tourney futures are already available at many March Madness betting sites. However, you can expect a large uptick in March Madness betting lines once the games officially begin. Here’s a closer look at the tournament schedule so you can map out your wagers accordingly.

Round Date(s)
First Four March 14 & 15
First Round March 16 & 17
Second Round March 18 & 19
Sweet 16 March 23 & 24
Elite 8 March 25 & 26
Final Four April 1
NCAA Championship April 3

FAQs

Can you bet on March Madness?

Where can you bet on March Madness?

Who is favored to win the March Madness Final Four in 2023?

How do I place a bet on a March Madness game?

What is a March Madness bracket bet?

Comparing the Best March Madness Betting Sites

Our top 10 March Madness betting websites are similar in some ways, including security, good customer support, and reputability. However, they can also differ in certain aspects, such as their bonuses, live betting, and live streaming. Here’s a look at how the best March Madness betting sites stack up in these areas.

Sportsbook Sport Bonus Promo Code Live March Madness Betting Live March Madness Streaming
BetOnline 100% up to $1,000 CRYPTO100
Bovada 100% up to $750 BTCSWB750
MyBookie 50% up to $1,000 B2C100
Everygame 100% up to $250 3XBOOST250
XBet 50% up to $500 B2CXB
Lucky Block N/A (casino bonus only) N/A
BetUS 200% up to $5,000 JOIN200
BetNow 150% up to $150 B2C100
BUSR 150% up to $2,500 B2C150
JazzSports 50% up to $1,000 JAZZ50

Our Criteria for Choosing a Top March Madness Betting Site

The top online sportsbooks in our March Madness betting guide do well in multiple areas. You can see the most-important criteria that these bookmakers excel in below.

Range of March Madness Bets

March Madness college gambling is always more fun with several bet types involved. Therefore, we ensure that all recommended operators have moneylines, spreads, totals, props, futures, and live wagers. March Madness betting sites gain bonus points if they offer alternate spreads and same-game parlays.

Bonus & Promotions

Your main focus may be to win money on March Madness betting. Nevertheless, you can supplement potential winnings with bonuses and promotions. Most of the top March Madness gambling sites offer large signup bonuses with fair terms. They also provide additional promotions, so you can keep cashing in on bonus funds.

Safety & Security

No online sportsbook makes any list at B2C without offering a secure website. Therefore, we always check to ensure that the best March Madness betting sites use high-level encryption. With Google Chrome, for example, you’ll see a padlock next to the URL of an encrypted site. The top March Madness gambling sites should also have at least one license (e.g., Curaçao). Licensed betting sites must adhere to their jurisdiction’s rules to maintain their licensing.

Payment Methods

The deposit and withdrawal processes are big parts in March Madness college gambling. You need a bookmaker that offers at least one deposit and cashout option you can use. March Madness betting sites that feature many payment methods improve the chances of you finding usable banking options.

Customer Support

Good customer service is a hallmark of the best March Madness betting sites. Maybe you want to know something as simple as how to gamble on March Madness. Or you may have a more complex technical issue when placing bets. In either case, you want knowledgeable and friendly support reps who can help.

How March Madness Betting Works

From point spread to prop bets, the NCAA Tournament presents a wealth of betting opportunities. You can have a great time wagering on the tourney once you know how to gamble on March Madness. The following sections shed more light on placing March Madness bets and discuss if it’s possible to wager on brackets.

Can you Bet on March Madness Games?

Yes, lots of online sportsbooks feature March Madness college gambling. You can get started by finding a quality betting site and completing registration Next, you’ll need to pick an available deposit method at the sportsbook and fund your account. The last step is to visit the college basketball section and place bets.

Some online bookmakers offer a section on how to gamble on March Madness. Such tutorials are helpful if you’re completely new to sports betting. By and large, though, you shouldn’t experience much trouble with making wagers at March Madness betting sites.

Can you Bet on March Madness Brackets?

Many basketball fans enjoy entering March Madness bracket pools with their friends, co-workers, or online strangers. For example, somebody might organize a $20 entry into a bracket contest. The person who correctly guesses the most winning schools throughout the NCAA Tournament receives the top prize.

Some March Madness betting sites also run bracket pools like these. For example, BetOnline is currently featuring a March Madness bracket betting event worth $250,000. The entry fee is $25, and the first place prize is worth $75,000.

Of course, March Madness bracket betting isn’t the same as traditional sports wagering. Standard March Madness gambling involves placing bets like moneylines, spread, and totals. Nevertheless, it provides an extra way to enjoy wagering on college basketball.

Popular Types of March Madness Bets

Several types of popular bets are available in college basketball gambling. Provided you know how to gamble on March Madness, you should understand most or all of these wagers. Just in case you need any help, though, we’ll go into detail on each major bet type.

Moneyline Bets

A moneyline is the most basic college basketball wager because it only requires picking the winner. Of course, sportsbooks attach different odds to each side to help spread out the action. The team with the minus sign is the favorite, while the school with the plus sign is the underdog.

Team Odds
Creighton +210
Kansas -290

Our pick for moneylines: BetOnline

Spread Betting

Point spreads handicap the favored team and underdog differently. The favorite starts in a point deficit (e.g., -5.5), while the underdog begins with more points (+5.5). You need to pick the side that’ll cover its spread to win.

Team Odds
St Marys +8.5
Purdue -8.5

Our pick for spread bets: MyBookie

Totals

A totals (a.k.a. over/under) bet requires you to wager over or under a line. Let’s say that a sportsbook sets a March Madness team totals line at 145.5. If you take the over, you’ll need both teams to score 146 points or more. When taking the under, you’ll want them to collectively score fewer than 145 points.

Team Odds
Kansas State o 149.5 (-110)
Arizona u 149.5 (-110)

Our pick for totals: JazzSports

Prop Bets

March Madness prop bets involve events other than game winners. For example, you could wager on a certain coach’s jacket color or if any player will make five three-pointers.

Will Penn State’s Jalen Pickett score 20+ points?
Yes +115
No -135

Our pick for prop bets: XBet

Futures

March Madness futures bets normally revolve around which team will win the national championship. But they can also involve other events, such as who’ll win the John Wooden Award.

Team to win NCAA championship
Houston +700
Kansas +800
Alabama +900
Purdue +900

Our pick for futures: Bovada

Parlays

Parlay bets require you to put one or more teams/outcomes on the same ticket. You have to win every outcome to collect a payout, which can be tough. The benefit is that you stand to win a lot relative to your bet when successful. In the following example, you’d stand to win $1,054 for a $100 bet.

Team/Player Odds
Kansas on moneyline -290
Jalen Pickett to score 20+ Yes (+115)
K-State / Arizona over -110
Purdue on spread -110

Our pick for parlays: Everygame

March Madness Live Betting

Live wagering provides chances to make bets even after a game starts. For example, a sportsbook might provide an updated point spread in the second half. Live wagers can include most of the best types discussed above.

Our pick for March Madness live betting: BUSR

Bets Available at the Best March Madness Betting Sites

Most March Madness online sportsbooks offer moneylines, spreads, totals, live wagers, props, and futures. But as seen below, they can differ slightly on certain bet types.

Sportsbook Moneyline Spreads / Totals Alternative Spreads / Totals Props Futures Parlays Same Game Parlays Live Betting
BetOnline
Bovada
MyBookie
Everygame
XBet
Lucky Block
BetUS
BetNow
BUSR
JazzSports

March Madness Stages to Bet on

The NCAA tourney begins with 68 teams and gradually whittles its way down to one champion. Along the way, you’ll have plenty of chances to win money through March Madness betting. Here’s a brief look at each important stage of the tournament and the betting implications.

March Madness 1st Round

Four play-in games take place before the March Madness first round officially begins. The winners of these games (a.k.a. “First Four”) round out the 64-team field. Each region features 16 teams that are seeded 1 through 16. You can expect plenty of wide point spreads and upsets throughout the first round. These upsets create opportunities to cash in with well-researched wagers on underdogs.

March Madness 2nd Round

The March Madness second round features 32 teams, including eight from each region. The underdogs that survive the initial round create some interesting matchups at this stage. For example, you might see a No. 3 vs. No 14 pairing that isn’t as unbalanced is it looks on paper.

March Madness Sweet 16

The March Madness Sweet 16 normally contains a majority of powerhouse and big-conference schools, mixed with a few Cinderellas. Most No. 1 and No. 2 seeds are still alive in the Sweet 16. It’s not uncommon to see a few seeds ranging from No. 8 to No. 12 at this juncture.

March Madness Elite 8

Not many Cinderellas make it past the Sweet 16. Therefore, the Elite 8 is mainly about the top-ranked teams squaring off for regional titles.

March Madness Final Four

The winner of each region moves on to the prestigious Final Four. This round normally consists of stacked teams with one or more future NBA players. You can count on many March Madness prop bets throughout the Final Four.

National Champion

The winners of the two semifinal games move on to the national title game. Oftentimes, the participants are No. 1, 2, or 3 seeds with talent-laden teams.

Our Top 5 March Madness Betting Strategies

The NCAA basketball tournament is a prime-time sporting event with numerous betting opportunities. Therefore, bookies don’t always get it right, especially regarding the low vs. high seeds. You can use a March Madness betting strategy to capitalize on those times when the sportsbooks are off.  That said, here are some of our favorite March Madness betting tips.

Tip #1: Look to Small Conferences for Value

Schools from smaller conferences often provide more value in the March Madness betting lines. After all, the public perception of these teams is low, and they won’t draw as much action. Therefore, you may get tremendous value out of smaller team that can actually play and win you serious money. The best small conference picks play a unique style and/or have mostly upperclassmen starting.

Tip #2: Score March Madness Betting Bonuses

Some sportsbooks roll out special promotions just for the NCAA tourney. For example, an online bookmaker might offer a large deposit bonus or free bet to basketball bettors. Beyond these instances, you can usually expect a big welcome bonus when depositing at a new sportsbook.

Tip #3: Check the Strength of Schedule

Teams that have been through the grind tend to perform better come tournament time. Furthermore, they’re likely to withstand the pressure of a close matchup. You can check a school’s RPI for an indication on their schedule strength.

Tip #4: Consider March Madness Picks & Predictions

The experts don’t always get college hoops games right—otherwise, bettors would hang on their every words. Even still, you can potentially get some good ideas by following March Madness picks and predictions. At the least, you can use handicapper picks as for baseline knowledge and do your own research from there.

Tip #5: Limit How Much You Bet on Each Game

The last of our March Madness betting strategies involves bankroll management. Specifically, you want to reduce the amount you wager on any single game. After all, the single biggest downfall of many college basketball bettors is risking too much at once. Ideally, you’ll only bet 1% to 3% of your bankroll on every game/outcome. If you have a really small bankroll, though, you can up this range to 5% to 10%.

Types Bonuses at March Madness Betting Sites

Several March Madness betting bonuses are available throughout the college basketball gambling industry. These include March Madness free bets, welcome offers, reload bonuses, and more. You can see more detail on each type of college basketball betting bonus below.

Bonus Type About Recommended Site
Sign-up bonus
  • Normally the best bonus at a sportsbook
  • Require you to meet rollover & other terms
  • BetOnline – 100% up to $1,000
Reload bonuses
  • Available to existing customers
  • Typically provide a lower amount than sign-up bonuses
  • MyBookie 25% reload bonus for life
Refer a friend
  • Send friend a referral link
  • Your buddy must deposit and (possibly) meet rollover
  • BUSR up to $250 per friend
Bracket contests
  • Fill out a bracket and (possibly) pay an entry fee
  • Win a share of the prize money if your bracket does well
  • BetNow $1 million bracket contest
Loyalty program
  • Usually offers points, which you trade for cash
  • Bovada loyalty program

Comparing Sign-Up Bonuses

As discussed previously in this March Madness betting guide, most top sportsbooks feature worthwhile bonus deals. But which of these sign-up bonuses are the best? You can contrast and compare below to find the perfect deal for you.

Sportsbook Sign-up bonus Promo code Rollover Minimum deposit Bitcoin accepted? Expiration date
BetOnline 100% up to $1,000 CRYPTO100 14x $20 30 days
Bovada 75% up to $750 BTCSWB750 5x $20  No expiration
MyBookie 50% up to $1,000 B2C100 10x $50 No expiration
Everygame 100% up to $250 3XBOOST250 4x $20 100 days
XBet 50% up to $500 B2CXB 7x $45 No expiration
Lucky Block N/A (casino bonus only) N/A N/A N/A N/A
BetUS 200% up to $5,000 JOIN200 15x $100 14 days
BetNow 150% up to $150 B2C100 12x $20 No expiration
BUSR 150% up to $2,500 B2C150 5x $20 7 days
JazzSports 50% up to $1,000 JAZZ50 10x $100 No expiration

Types of Payment Methods

You’ll be able to deposit with credit cards and cryptocurrencies at many betting sites. Sometimes bank transfer, eWallets, and/or payment vouchers are also available. You can see more info on the different banking options associated with March Madness wagering below.

Payment Method About Examples
Cryptocurrencies
  • No sportsbook fees (only small fees go to miners)
  • Fast withdrawals
  • Peer-to-peer transactions
  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • Litecoin
Traditional Payment Methods
  • Credit & debit card transactions are instant
  • Bank transfer withdrawals can take up to 5 days
  • Credit & debit card deposits can require fees
  • Debit cards
  • Credit cards
  • Bank transfers
  • Payment vouchers
eWallets
  • Quick withdrawals
  • Typically charge around 3% fees
  • PayPal not available at most sportsbooks
  • EcoPayz
  • Neteller
  • PayPal
  • Skrill

Deposit Options Available

Most of the best March Madness betting sites offer several ways for you to deposit funds. But you might seek specific deposit methods based on convenience, low fees, or another aspect. The following table will help guide you to the sportsbooks with the option(s) you’re looking for.

Sportsbook Bitcoin Bitcoin Cash Ethereum Debit / Credit Cards Bank Transfer PayPal
BetOnline
Bovada
MyBookie
Everygame
XBet
Lucky Block
BetUS
BetNow
BUSR
JazzSports

Withdrawal Options Available

Betting sites can vary on the withdrawal methods that they offer. But Bitcoin, Bitcoin Cash, and Ethereum are staples at most college basketball betting sites. Here’s a complete look at which cashout options our top picks provide.

Sportsbook Bitcoin Bitcoin Cash Ethereum Debit / Credit Cards Bank Transfer PayPal
BetOnline
Bovada
MyBookie
Everygame
XBet
Lucky Block
BetUS
BetNow
BUSR
JazzSports

March Madness Apps & Mobile Betting

You won’t be able to download sports betting apps at any of the sportsbooks covered on this page. However, you can still enjoy March Madness gambling through all 10 of these sites via in-browser wagering. In-browser betting refers to using your mobile browser to sign up, deposit, and place bets.

To get started, you visit one of our featured March Madness betting sites through your Android or iOS device. Next, you can register for an account and place a deposit. You’ll then be ready to make March Madness bets on your iPhone or Android.

Past 10 March Madness Winners

The Big 12 has performed quite well lately, winning the NCAA Championship the past two years (Kansas & Baylor). The ACC and Big East have been the most successful conferences within the last decade, each winning three titles. You can see the full list of NCAA Championship winners within the past decade below.

Year Winner Score Runner-up Venue
2022 Kansas 72-69 North Carolina Caesars Superdome (New Orleans, LA)
2021 Baylor 86-70 Gonzaga Lucas Oil Stadium (Indianapolis, IN)
2020 Canceled due to COVID-19 N/A N/A N/A
2019 Virginia 85-77 (OT) Texas Tech US Bank Stadium (Minneapolis, MN)
2018 Villanova 79-62 Michigan Alamodome (San Antonio, TX)
2017 North Carolina 71-65 Gonzaga State Farm Stadium (Phoenix, AZ)
2016 Villanova 77-74 North Carolina NRG Stadium (Houston, TX)
2015 Duke 68-63 Wisconsin Lucas Oil Stadium (Indianapolis, IN)
2014 Connecticut 69-54 Kentucky AT&T Stadium (Arlington, TX)
2013 Louisville 82-76 Michigan Georgia Dome (Atlanta, GA)

The Best March Madness Betting Site

We already mentioned earlier in this March Madness betting guide that BetOnline is our favorite sportsbook. But we’d like to summarize the multiple reasons why it’s our top choice.

BetOnline excels due to its fast March Madness betting odds, 20+ banking options, and frequent promotions. The quick odds are especially notable because they let you jump on favorable lines. This betting site also offers March Madness contests, including a bracket promo that’s offering $250,000 in prize money.