With legal sports betting launching in Colorado in May 2020, Colorado residents will get another crack at betting on the NCAA Tournament in 2023.
The NCAA Men's Tournament is massive from a betting standpoint, with non-stop action, drama, and shocking upsets. This presents an excellent opportunity for sports bettors in the Centennial State.
Here is a closer look at March Madness betting in Colorado.
NCAA Tournament Odds
How to bet on College Basketball in Colorado
To bet on College Basketball in Colorado, you need to register for an account at an online sportsbook. The process is quick and easy.
#1 Complete the Sign-Up Process
The registration process may sound daunting, but it's actually incredibly straightforward. All you need to do is enter personal details (name, address, SSN) to confirm your identity and that you are over 21 years old.
Once you submit your details, you will be verified in a matter of seconds, and you can proceed to the next step.
#2 Make Your First Deposit and Claim Your New User Bonus
After you have successfully registered for a new account, the next step is getting funds into your account so you can start betting on March Madness.
Nearly every sportsbook will offer you a welcome bonus when you make your initial deposit. This generally comes in the form of bonus bets or bet credit back if your first bet doesn't win.
#3 Bet on the NCAA Tournament
Once you're registered, successfully added funds to your account, and claimed your welcome bonus, the final step is locking in your bets.
You can find a range of betting options on the NCAA Tournament at any online sportsbook in Colorado, including odds on:
- Point spreads
- Over/Under totals
- And More
The Best NCAA Tournament Betting Promos in Colorado
NCAA Tournament Betting Strategies
What makes the NCAA Tournament so compelling is the level of unpredictability. While top seeds generally advance deep into the bracket, the first several rounds are also jam-packed with upsets.
Coming in with a March Madness betting strategy is a good idea. Consider popular betting trends, data, and analyses, such as:
- Against the spread (ATS) records of each team
- Over/under trends
- KenPom rankings
- How a team has performed against other top-tier teams (Quad 1 records)
- Home vs. road records (remember Tournament games are played at a neutral site)