March Madness Betting
March Madness is the nickname for the NCAA basketball postseason. It is usually associated with the NCAA tournament, but it also applies to the numerous conference tournaments held across the country that award automatic bids into the NCAA tournament.
If you’re new to March Madness betting, then we can help educate you. On this page, you’ll learn more about how to bet on March Madness, where you can bet on games, and online sportsbooks offering March Madness odds.
Where to Bet on March Madness in Pennsylvania
If you’re looking to bet on March Madness, then you’ll be able to do so at PA online sportsbooks. Since they will offer NCAA betting, they will naturally offer March Madness betting. Below are the casinos we know for a fact will lay March Madness odds:
- Hollywood Casino
- Harrah’s Philadelphia
- Rivers Casino
- Parx Casino
- SugarHouse Casino
- Presque Isle Casino
- Valley Forge Casino
If you want to bet on March Madness, you will have to be located physically in Pennsylvania. Online sportsbooks will block connections from out of the state and from VPN services. However, you don’t have to live in PA to play, so just make a short trip into the state and place your bets.
How to Bet on March Madness
Betting on March Madness can be a bit confusing, so we will give you a quick tutorial on how to bet on March Madness.
Understanding Odds – Most games use moneyline odds, which are simple positive or negative odds. Teams with positive odds are underdogs and the odds listed are what you can win if you wager $100 on a team. If a team has negative odds, they are the favorite and the odds listed are what you have to bet to win $100.
For example, if Virginia is -180 against Pitt at +180, then you have to bet $180 on Virginia to win $100. If you bet on Pitt and they pull off the upset, you win $180.
Now that you have the gist of how March Madness odds work, here’s a few ways you can bet on games.
Moneyline – This is the simplest form of March Madness betting. You’re betting on which team will win the game.
Points Spread – You’re betting on the margin of victory or loss for a team. The favorite must win by more than the line presented and the underdog has to either win the game or lose by less than the spread. If North Carolina is +12 against Texas Tech at -12, North Carolina must win by 13 or more and Texas Tech must either win or lose by less than 12.
Total Points – This is an over/under bet on the total points scored by both teams. If the line is set at 214.5, you’ll bet whether the score is over or under.
Prop Betting – You’ll find a ton of prop bets centering around March Madness. Usually they involve how far a team will advance in the tournament or the performance of specific players.
Futures – In March Madness betting, futures center around which teams will win conference tournaments, which teams will get #1 rankings, and which teams will ultimately win the National Championship.
Bracket Challenge – A newer and popular form of March Madness betting is a bracket challenge. This centers around picking a correct bracket for the NCAA tournament. If you can pick a perfect bracket, which is insanely tough, you can win some serious prize money. These types of challenges also have additional bets that allow you to try and play again once your bracket busts, which is about 99.5% of players.
Follow Your Favorite School to Victory
March Madness is one of the most exciting times of the year for college athletics and March Madness betting is simply insane. Once online sportsbooks launch in PA, expect March Madness to be one of the busiest times of the year.
If you want to bet on March Madness, you’ll have plenty of options and you’ll be able to bet on all teams, including in-state teams. Make sure to do your research and watch March Madness odds closely as they can wildly fluctuate as the NCAA tournament approaches.
So whether you’re a fan of a specific school wanting to cheer your team to victory or just enjoy the insanity of March Madness, you’ll find plenty of options for March Madness betting at PA online sportsbooks.