Welcome to the ultimate guide for betting on March Madness 2024, brought to you through a partnership between Syracuse.com and leading sports betting insights and analysis site Dimers.com.
Discover the thrill of betting on the NCAA tournament, a pinnacle event for college basketball fans and bettors alike. Our guide covers everything from understanding the odds to making informed bets, starting from Selection Sunday, March 17, to the championship game on April 8.
Understanding March Madness betting
The diverse betting options and widespread appeal of March Madness betting set it apart from traditional sports wagering. With the recent legalization of sports betting in numerous states, including New York, betting on March Madness has grown to become one of the year’s most wagered-on events.
Choosing the right platform for March Madness betting
Evaluate top platforms like FanDuel Sportsbook, BetMGM Sportsbook, and Underdog Fantasy, considering their usability, March Madness betting promos, and security. We detail what makes each platform stand out, helping you choose the best fit for your March Madness betting needs.
FanDuel Sportsbook
FanDuel is a good choice for March Madness betting newcomers due to its easy-to-use platform, variety of betting options, and its famous FanDuel welcome bonus.
FanDuel Sportsbook is available in the following states: AZ, CO, CT, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, OH, PA, TN, VA, VT, WV, and WY.
DraftKings Sportsbook
DraftKings is a great option for March Madness bettors, thanks to its user-friendly interface, wide range of betting choices, and the renowned DraftKings welcome bonus.
DraftKings Sportsbook is available in the following states: AZ, CO, IA, IL, IN, KS, LA, MA, MD, ME, MI, NC, NH, NJ, NY, OH, PA, TN, VA, WV, and WY.
BetMGM Sportsbook
BetMGM offers a wide range of March Madness betting options, including in-game bets, plus its popular BetMGM welcome bonus for new users.
BetMGM Sportsbook is available in the following states: AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NV, NY, OH, PA, TN, VA, WV, and WY.
Underdog Fantasy
Underdog Fantasy is a top choice for March Madness contests, offering a variety of options and a user-friendly interface for both seasoned players and newcomers.
Underdog Fantasy is available in the following states: AL, AK, AZ, AR, CA, CO, DC, FL, GA, IL, IN, KY, ME, MA, MN, MS, MO, NE, NM, NY, NC, ND, OK, OR, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI.
March Madness 2024 odds and predictions
As of April 1, 2024, the latest odds to win the NCAA Men’s Basketball Championship are listed below, alongside Dimers’ data-driven probabilities for the Final Four teams to help you find value against the sportsbooks.
According to Dimers’ college basketball futures model, the Connecticut Huskies are the most likely team to win the 2024 NCAA Men’s Basketball Championship, with a 65.1% probability.
| Rank | Team | Probability | Odds |
|---|---|---|---|
| 1 | Connecticut Huskies | 65.1% | -190 |
| 2 | Purdue Boilermakers | 29.7% | +205 |
| 3 | Alabama Crimson Tide | 4.7% | +1600 |
| 4 | NC State Wolfpack | 0.5% | +1800 |
How to bet on March Madness 2024
Whether you’re a seasoned bettor or new to the scene, our guide offers valuable tips and strategies for betting on March Madness. From understanding prop bets and upsets to mastering bracket picks, we guide you through the betting process, emphasizing responsible and informed betting.
In states like New York, where sports betting is legal, a range of licensed operators are available. Platforms such as FanDuel Sportsbook and BetMGM Sportsbook stand out as go-to sites for March Madness betting. They offer a reliable betting environment with a multitude of NCAA tournament-specific betting markets, including Final Four odds.
Please note that some of the links on this page and the website, more broadly, are affiliate links. This means that if you click on these links and sign up for the mentioned service, we may earn a commission at no additional cost to you.
March Madness betting: Explore NCAA Men's Basketball Championship probabilities and odds.AP
March Madness betting strategies
There are many ways to engage in March Madness betting, catering to those who favor long shots or those who lean towards more conservative betting options. The strategies available can guide your betting decisions, providing a tailored approach to the NCAA tournament.
“March Madness betting combines art with analytics. It’s about matching your strategy with your basketball knowledge and personal risk appetite,” says betting expert Nick Slade, chief content officer at Dimers. “While I might be partial, in the ever-changing landscape of March Madness betting, accessing Dimers’ detailed college basketball predictions, analytics, and insights could offer the advantage you need to make not only informed but smarter and potentially more profitable betting choices.”
It’s important to note that March Madness includes teams from all the major conferences. Typically, this encompasses conferences such as the Big Ten, ACC, Big 12, SEC, Pac-12, Big East, and others, each sending multiple teams based on conference tournament outcomes and at-large selections.
March Madness betting in New York
For New Yorkers, we outline the specific betting rules and opportunities within the state, ensuring you bet responsibly and within legal boundaries. If you’re planning to dive into March Madness betting in New York, it’s crucial to know the specific rules that come into play. Here’s a quick rundown:
- Location-Based Restrictions: You can’t bet on college games involving teams from New York or games that are happening within the state.
- Prohibition on College Player Props: Betting on the performance of individual college players is off-limits, no matter where the team is from.
Despite these limitations, New Yorkers still have access to a plethora of online sportsbooks that offer betting on college sports within the confines of state regulations. These platforms often roll out special promotions, brackets, and contests during the NCAA tournament, providing ample opportunities for engagement.
Always place your bets through sportsbooks that are state-licensed and -regulated to stay on the right side of the law. This ensures you’re participating in a safe and legally compliant betting environment, all while enjoying the thrill of March Madness.
Responsible March Madness betting
We are advocates for responsible March Madness betting and aim to ensure a secure and enjoyable experience for everyone. Engaging in sports betting responsibly is crucial. Set a budget, understand the odds and historical trends, and be aware of the legal regulations in your state. Trusted operators such as FanDuel and BetMGM endorse responsible betting practices and offer resources to help bettors manage their activities in a safe manner.
Conclusion
Armed with our comprehensive guide, you’re set to elevate your March Madness 2024 betting experience.
As the legal online sports betting scene flourishes in New York, platforms such as FanDuel Sportsbook and BetMGM Sportsbook present thrilling opportunities for March Madness betting. Whether you’re a casual bettor aiming to enhance the tournament’s excitement or a dedicated fan dissecting the schedule, these platforms deliver a detailed and enjoyable betting journey.
Explore our March Madness FAQs, stay updated with the latest trends, and remember to bet responsibly for a truly enjoyable NCAA tournament.
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