Filling out a March Madness bracket is always a big highlight for college basketball fans, but betting on the event should bring even more excitement. There is a chance to win serious money when betting on college basketball, especially during March.
Since March Madness is such a massive event, you will see a long list of betting options available to you. While you can win some money with each betting option out there, you will find that some provide better value than others.
When you start to create some bets for March Madness, you want to look at the following options. You can always add some variation, but these betting options will lead to the most significant wins.
Moneyline
A moneyline bet will be a great option during March, especially because new bettors will be signing up to wager. When you are making a moneyline bet, all that you have to do is pick the winning team of a specific matchup.
The most significant disadvantage of a moneyline bet is that the favorites will not come with a huge payout. That should be a secondary concern, though, as picking a winner can be hard enough during March.
There will be times when making a moneyline bet is not going to be worth the risk, but this should always be the first wager that you start with.
Spreads
When it comes to basketball, betting against the spread will always be a popular option. Spread betting in the NCAA Tournament does add a degree of difficulty, but basketball will always provide a great chance to make a spread betting pick.
One of the reasons that betting the spread in the NCAA Tournament is a bit different is that you will see plenty of upsets. There will still be teams with a large spread to begin the game, but you will see the underdogs leaving everything out on the floor.
The top reason to bet against the spread is that the betting lines for this wager will be set at -110. This is an excellent payout on a single bet, and that money can add up in a hurry if you are successful.
Totals
Another popular way to bet on college basketball is to make a totals bet, and this is different from the first two betting types that we discussed. A total bet focuses on the number of points that is scored rather than the winner or loser of any game.
Total betting lines are also set at -110 most of the time, although there could be a slight variation at times. If you are struggling with trying to figure out which team is going to win a game, then the best bet is to focus on the points.
Parlays
Another popular college basketball option is known as a parlay. This has become popular in other sports as well, but you are going to find a chance to make some real money if you use this type of bet on the NCAA Tournament.
When you are putting together a parlay, you will be able to use all three of the betting options that were discussed above. You are in charge of your parlay, and you can make the potential payout as large as you want it.
If you decide to create a parlay for the NCAA Tournament then it would be even more beneficial to include an upset or two as one of the legs.
Player Props
The NCAA Tournament is an event in which college basketball players make a name for themselves and leave a lasting legacy. Because of this, focusing on player props is going to be a solid option for you to look at.
There will be a long list of player prop betting options available to you, and you should take a close look at all of the betting options. This is a chance to win some serious money as you should be able to find some great value with the odds associated with player props.