Best March Madness Betting Sites: March Madness Odds For 2023

The month of March is possibly one of the most exciting times of the year as it offers basketball fanatics a scene to enjoy the most exciting National Collegiate Athletic Association (NCAA) tournaments. Every year, the NCAA Men’s and Women’s Basketball Tournament brings together 68 of the best college teams from across the nation to compete for the coveted national championship title.

There are lots of win money March Madness betting sites therefore you need to conduct thorough research to ensure you make a smart decision. To have fun betting on the NCAA tournament games, players must find March Madness betting sites that have exciting features and offer great bonuses and betting odds to increase their chances of winning big.

What is March Madness?

You’ve probably heard of March Madness and were wondering what it means and why online gamers are crazy about it. Simply put, this is one of the biggest college basketball tournaments organized by the NCAA and features teams from all over the country. The origin of March Madness can be traced back to 1939 when the NCAA held a national tournament of college basketball. At that time, only eight teams participated and the tournaments lasted just for three days. However, over the years the tournament grew in popularity, and in 1985, the NCAA expanded it to include 64 teams.

Today, March Madness betting is one of the most popular sporting events enjoyed by fans across the globe. The tournament is well – known for its surprising outcomes with the underdog teams advancing deep into the competition.

When Does March Madness Start?

When Does March Madness Start?

The 2023 NCAA Tournaments technically begin with the first four matches on Tuesday, March 14 at the UD Arena in Dayton, Ohio. Betting on March Madness continues with a full day of games on Thursday, March 16. In this pay-in round, the four lowest-ranked automatic bids square off against the four lowest-ranked at-large bids to narrow the field of 68 teams.

March Madness betting ends with the final four and national championship game on April 1 and 3, respectively. Here are the key dates for when players can start to win money March Madness betting this year.

  • Sunday, March 12: Selection Sunday
  • Tuesday, March 14: First Four
  • Wednesday, March 15: First Four
  • Thursday, March 16: First Full Day of Games
  • Friday, March 17: Second Full Day of Games

Rules and Regulations for March Madness Betting

The rules and regulations of betting on March Madness can vary from state to state, with each state setting its own. Some states have strict wagering restrictions, which can come as a surprise to uninformed players. Before you start playing at any March Madness betting websites, it is important to confirm the states where it is legal to bet on college sports and the regulations that must be followed for one to be an eligible bettor. The states with legal March Madness betting include;

  • Arizona – No prop betting
  • Colorado – No pro bets
  • Connecticut – Betting is limited to winning the tournament
  • Illinois – No online live betting
  • Indiana – No live prop betting
  • Iowa – No prop bets on in-state teams
  • New Hampshire – No betting on teams or games in-state
  • New Jersey – No betting on teams or games in-state
  • Pennsylvania – No player prop bets
  • Rhode Island – No betting on teams or games in-state
  • Tennessee – No player prop betting or in-play props
  • Virginia – No in-state teams or prop bets
  • Washington, DC- No betting on teams or games in-state

How March Madness Betting Works

March Madness betting works like most basketball tournaments. It involves 68 teams competing with the hope of being crowned the National Champion. Once the field of 68 teams is released on Selection Sunday, oddsmakers get to work on different March Madness betting odds for each tournament match in the First Four.

Through the National Championship game, bookmakers release betting lines for the next slate of games as teams continue to win and advance throughout the March Madness bracket betting. The team with the best regular season and tournament performance will be ranked top.

Live Betting on March Madness

If your pre-game bets aren’t hitting, then it’s time to try live wagering on the top March Madness betting sites. Another exciting way that you can bet on March Madness is through live betting. It is a great way to wager on a game whilst the action unfolds in front of you. Live betting allows players to capitalize on March Madness betting odds that they normally wouldn’t consider.

How March Madness Futures Work

Within the NCAA tournament, online bettors can wager on every outcome on March Madness betting websites, for example, if a team will advance to the Final Four round or win the National Championship. For those looking to bet on March Madness Futures, it is important to note that the odds for the winner of the next championship will come out as soon as the tournament is over. The teams are named in a descending order with the favorites on top of the board. After this release, players will start placing bets and this will impact the March Madness betting odds. The team with higher interest will have lower odds, while the least will get more odds to attract attention.

Reliable Deposit and Withdrawal Methods

Always make sure that the March Madness betting site you register at has reliable banking options. This means that the site offers all the popular deposit and withdrawal options to make it easy for players to transact.

How to Bet on March Madness

Here is a step-by-step guide on how to bet on March Madness;

  • Visit one of the best March Madness betting sites through their official website.
  • Create an account by providing your personal details including name, mobile number and password. Click on the ‘Register’ button to finalize the sign-up process.
  • Next, log into your account, claim any available bonuses for new players and start placing your March Madness bets.

Top Online Sportsbooks for March Madness Betting

Top Online Sportsbooks for March Madness Betting

Here are some of the top online offshore sportsbooks for March Madness betting that offer Florida residents safe and secure betting:

Bovada Sportsbook – Overall Best Florida Sports Betting Site

Bovada Sportsbook focuses more on sports betting by offering more than 30,000 sports markets and various betting options to the user. In addition, this March Madness betting site offers incredible high-quality incentives such as a welcome bonus of up to $750 for new users, a comprehensive loyalty program, and a reload bonus for existing users. This March Madness betting site also offers responsive 24/7 customer care support and a variety of secure payment options that can be reliable in depositing and collecting users’ payouts. Having been in existence since 2011 and having been licensed by the Kahnawake gaming commission, Bovada is proven to be a safe sportsbook.

MyBookie Sportsbook – Offers the Best Bonuses for All Sports Betting.

Aside from great incentives, MyBookie is one of the oldest and most popular sportsbooks, as it has existed since 2014 when the Curacao gaming commission licensed it. This sportsbook offers incredible bonuses and promotions, including a signup bonus of up to $1000 and a $10 casino chip for all new players betting on March Madness. MyBookie also offers impeccable customer service, a variety of banking options to its users, and multiple betting options accompanied by live betting.

BetOnline Sportsbook – Best in The Majority of Payment Methods Options

Being licensed by the Curacao gaming commission for over 25 years, this March betting site is legal and safe. This sportsbook does not only offer its users 20+ payment options with over 15 cryptocurrencies accepted, but it also offers a great variety of sports events and games to choose from. The user can use the generous bonuses offered by BetOnline to wage as they stand a chance to win money March Madness betting.

BetUs Sportsbook – Offers Best Sizeable Welcome Bonus

This sports book is one of the best March Madness betting websites where players can bet on various sports after receiving a 100% sports bonus of up to $2500, a 250% casino welcome offer of up to $5000, and a 200% crypto welcome pack. BetUs has existed since 1994 and is licensed by Curacao gaming control, making it one of the oldest and most secure sportsbooks.

XBet – Best in Sports Betting Contest

This sportsbook was founded in 2016 and is registered under the Curacao gaming commission. XBet, one of the best March Madness betting sites, offers 10+ banking methods, incredible welcome, and other promotions, and live betting accompanied by competitive odds.

Mobile March Madness Betting Apps

Based on competitors, here are the best betting sites in Florida that offer great odds on March Madness bracket betting:

BetMGM – Best Overall Sports Betting App

BetMGM is a reliable and reputable sportsbook app, as it was launched way back in 2018 after being licensed by reputable government agencies. Through this app, users betting on March Madness are provided 24/7 customer support via phone, email, and live chats. Generally, BetMGM has been praised for treating its users well as it also gives them great incentives, including the reward program where they can earn and redeem points that they can use to win money March Madness betting.

DraftKings Sportsbook App – Best for Live Betting

DraftKings offers impressive offers that can be used on the available live betting feature where players can place their bets easily due to great app software and live odds system updates. Starting with the live chat option offered, this March Madness betting app provided its users with dependable customer support channels. The beauty of it all is that this sportsbook app has existed since 2012 and has been licensed in the US by 41 states.

FanDuel Sportsbook App – Best for Daily Rewards

Apart from a big welcome bonus offered by this sportsbook app, users are provided with excellent daily promos that can be utilized to win money March Madness betting. Without forgetting, FanDuel has also been able to cater to its users’ inquiries using its reliable customer support and has provided them with various betting options. With that, FanDuel is one of the leading sportsbook apps since it was founded in 2009 and has been licensed in 41 US states.

HardRock sportsbook App – Best for new Bettors

In addition to being the first legal betting shop in Florida, HardRock has a great app interface and user-friendly logic that help ease new betters into the world of March Madness bracket betting. HardRock has been licensed by several jurisdictions, including the United States, the United Kingdom, Australia, and Canada. This app was established in 1971, and with the evolving improvements, it’s proven to have a supportive 24/7 customer support system.

Caesars Sportsbook App – Best for NFL Betting

Caser offers great bonuses and rewards, including betting on college sports, live betting, competitive lines, generous March Madness betting odds, and a frequent league promo. That’s not all; users of this sportsbook app can get their enquiries satisfied through the live chat option or calls and emails. This March Madness betting app is safe for all users as it has been licensed and regulated by reputable government agencies such as the Michigan Gaming Control Board.

March Madness Betting Bonuses & Promocodes

March Madness Betting Bonuses & Promocodes

Get ready to take advantage of the lucrative March Madness betting bonuses and promocodes. Sign up with the best March Madness bracket betting and gain entry to enticing welcome bonus offers and bonus bets that will give you a competitive advantage when betting on your favorite team.

How March Madness Betting Odds Work

When exploring the best way to earn real money from betting on March Madness, it’s important to understand how the betting odds work. It involves learning about the different types of March Madness betting odds which include;

March Madness Moneyline Betting

These are the easiest bets to understand because they only require you to pick the winning team.

March Madness Point Spread Betting

In March Madness point spread betting, a player is allowed to bet on how much a team will win or lose.

March Madness Over/Under Betting

This type of betting market focuses on the total number of points that will be scored in a game and not the winning or losing team.

March Madness Live Betting

With March Madness live betting, players get to place their bets while they enjoy watching the match going on live on their screens.

March Madness Prop Betting

For March Madness prop betting, you can bet on a player’s point, assist, steal, or rebound. This gives you an opportunity to make some extra money

Legal March Madness Betting in the US

The increase in the number of people interested to win money March Madness betting has led to more states legalizing the sport in the US. There are now 33 states and Washington, DC that offer legal March Madness betting markets. In addition, three additional legal markets are awaiting launch.

Best Bonus Offers Available at The Best March Madness Betting Sites

Best Bonus Offers Available at The Best March Madness Betting Sites

Signing up at March Madness betting sites gains you entry to exciting offers such as the welcome bonus and reload bonuses that will give you a competitive advantage in your gaming journey and strengthen your betting on March Madness.

Welcome Bonus Offers

All the new users at March Madness betting websites are offered welcome bonuses depending on their betting site. The wager can use the welcome bonus to boost their wagering. Examples of these welcome offers are the: DraftKings March Madness promo, where the new player earns $150 in bonus bet after winning the set wager requirement, FanDuel March Madness promo, where new players at FanDuel are credited 10X the amount wagered as a bonus bet, BetMGM March Madness promo where new users through BetMGM can claim a high value of up to $1000-in bonus bet, Bet rivers March Madness promo where new users are provided with a $500 bonus bet and the Caesars March Madness bonus where new users at Caesars are offered with a lucrative of up to $1250. Always review the March Madness betting welcome bonus terms and conditions to understand these bonus requirements.

Reload Bonuses

March Madness betting site offers its existing players a reward every time they deposit. Some of these reload bonuses offered by this site are:

Risk-Free Bets

The risk-free bet is a reload bonus offered to the March Madness betting players if they lose their bet. Depending on the March Madness betting site the player uses, they must make a deposit and make a qualifying bet to qualify for the risk-free bet. For example, the Draft King Sportsbook offers its player a risk-free bonus of up to $1000, while the Caesar Sports book’s risk-free bonus is up to $1500.

Matched Free Bets

The March Madness betting sites offer active players a bonus that matches their deposit up to a certain amount with a free bet. Depending on the March Madness site the player uses, they must deposit and place a qualifying bet to claim the matched free bet.

In-Play Free Bets

Every time an existing player at the March Madness website makes a deposit and places a qualifying bet, they are offered an in-play free bet as a reload bonus. This play-free bet allows players to place a bet without risking their money.

Free March Madness Bracket Contests

March Madness bracket betting offers a fun and free way for the March Madness sites wagers to enjoy the National Collegiate Athletic Association tournaments and also compete for prizes. To participate in these free March Madness bracket contests, the participants must fill out a bracket which is a grind of all the teams in the tournament and their potential matchups, and then predict the outcome of the sporting events. The winner of the bracket contest is determined with the correct predictions. Depending on the Match Madness site you are using, ensure you understand the terms and conditions for the available bracket contest for smooth participation.

How We Evaluate the Best March Madness Betting Sites

How We Evaluate the Best March Madness Betting Sites

Here are the major features that help us to evaluate the best March madness betting websites:


We ensure that we choose a betting site that secures and protects your personal and financial information.

Odds & Markets

We seek and choose a betting website that offers its users competitive March Madness betting odds and markets.

Free Bets & Bonuses

Before enrolling a betting site as our best March Madness betting site, we ensure that they offer a great way to increase the user with free bets.

Live Betting & Streaming

We choose betting sites that allow the user to watch and bet on games as they are happening.

Usability on Desktop & Mobile

We seek and approve a betting site that is compatible and easily accessible through desktop and the mobile phone

Key Features

We ensure that the betting site we choose offers important features such as the live support feature and blog with betting tips to the user.

Deposit Options

We seek betting websites that offer multiple, safe, fast, and reliable depositing options.

Bonuses and Offers

When evaluating the best March Madness betting sites, we lookout for the sports betting sites that not only offer loaded bonuses but continue to provide bonuses long after the welcome bonus.

Customer Support

To qualify to be among the best March Madness betting sites, the betting site must have good and dependable customer service where wagers will get a quick response and knowledgeable reps in case of an issue.

Mobile Betting

The ability to bet on a go is essential, so we seek a website compatible with a mobile phone.

Types of Sign-up Offers Available

We choose a betting site that offers a variety of sign-up bonuses to the user to be among our best March Madness betting sites.

March Madness Special Offers

We choose the best betting website with the best March Madness special offers, such as enhanced odds and free bets.

Deposit Bonuses

For a betting site to qualify to be among our best March Madness betting sites, it must offer an incentive to the new users after making their first deposit.

Bet Credit

We consider betting sites that offer the user a bet credit that they can use to wage after they place a qualifying bet.

Enhanced Odds

We ensure that we choose the betting sites offering their users higher betting odds than the standard odds for other certain bets.

Final Tips for Selecting the Best March Madness Betting Site

Here are the final tips that can be used to select the best March Madness betting site:

  • Look for the Best Odds to Win March Madness

Betting odds to win March Madness vary depending on the betting site used. Therefore, shopping around and finding the best odds before placing a bet is always advisable.

  • Look for Underdogs in Less-Heralded Conferences

Although experts often overlook underdogs from less-heralded conferences, feel free to bet on them. They can provide a valuable bet that can be used to win money March Madness betting.

  • Watch for Reverse Line Moves

Watching the reverse line moves will help you determine when the best time to bet on the underdog. A reverse line move is a state where the odds on a team change in the opposite direction of public betting and can be a sign that public betting is wrong hence the right time to bet.

  • Don’t Chase your Losses

Chasing your bet loss is always a losing strategy where wagers try to win their money back by betting more on their next bet after a lost bet. Ensure you stay disciplined in your betting plan to avoid this common bettor’s mistake.

  • Stay Disciplined with your Bankroll

You can stay disciplined with your bankroll by setting a budget and sticking to it to ensure you don’t bet more of what you can afford to lose.

March Madness Betting Sites FAQs

How to Bet on March Madness?

Sign up at any top and legalized March Madness betting site, create an account, deposit money, claim any available bonus or promotional offer then place your bet.

Where to Bet on March Madness?

Players can enjoy March Madness betting on legalized websites and apps.

Can You Bet on March Madness?

Yes, you can bet on March Madness on the best online March Madness betting sites and apps.

When Does March Madness Start?

March Madness starts on Sunday, March 13.

When is March Madness Selection Sunday?

March Madness selection Sunday is March 12.

How Does March Madness Work?

The NCAA tournaments take place over 3 ? weeks where 68 teams compete against each other. It is a single-elimination, knockout-style tournament, which means if you win you move on, if you lose, you’re out.

Which Team was the Lowest Seed to Win March Madness?

The 1985 Villanova Wildcats.

Which Team was the Highest Seed to Win March Madness?

As of 2022, the 11 is the highest seed to win March Madness.

When is the March Madness Championship Game?

The next March Madness Championship game is Sunday, March, 17.

When Does March Madness End?

March Madness will end on April 3.

How Does March Madness Seeding Work?

In the process of seeding, the NCAA committee first ranks each participating team in the descending order from 1 to 68 based on its relative strength and competitiveness.

Where Can I Find the Best March Madness Betting Odds?

You will find the best March Madness betting odds from top March Madness betting sites and apps.

Where to Bet on March Madness 2023

Players can find the best March Madness betting sites to place their bets.

When is the 2023 March Madness Tournament?

The March Madness tournament for 2023 started on the 14th of March to the 3rd of April.

Is It Legal to Bet on March Madness Online?

Yes, the legality of online March Madness betting varies from state to state.

What App Can I Bet on College Basketball?

Some of the best March Madness betting apps to bet on include; BetMGM, DraftKings, and FanDuel.

Which Sportsbooks Offer the Best 2023 March Madness Odds?

The sportsbook that offers the best 2023 March Madness betting odds is Bovada sportsbook

How Many Teams Make the NCAA Tournament?

The NCAA tournament consists of 68 teams competing in seven rounds.

Who is the March Madness Betting Favorite?

UConn is a March Madness betting favorite to win the championship.

How Many Games Are in March Madness?

There are a total of 67 games to be played in March Madness.

Responsible Gambling

All players are highly encouraged to use responsible gaming tools to reduce the risk of online gambling behavior during the NCAA tournament.