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NCAA Tournament Betting 2023- Best Bets, Strategies, & Betting Apps

Author: AmericanGambler1234 | Last Updated: February 17, 2022

Out of all the US sporting events that bettors look forward to, March Madness is right there at the top of the list. NCAA Tournament betting takes place over several weeks. Even more than that if you include conference tournaments.

There’s nothing better than filling out a bracket before the start of the NCAA Tournament. Years ago, that was the only action you had an option for. But with many states now having legal sports betting, the possibilities for college basketball betting are endless.

With NCAA Tournament betting sites, you can bet on futures, place parlays on several games, live bet on the game you are watching, and even participate in bracket challenge games.

Finding NCAA Tournament Betting Lines

All of the online sportsbooks we cover are legal to use, but it will also depend on which state you are in. At American Gambler, we have pages that cover every state in the US, giving you the details of what is and isn’t legal.

Ncaa tournament betting apps
DraftKings Sportsbook

Some US states do not allow betting on in-state college teams or events that take place in the state. For example, those in New Jersey cannot bet on Rutgers or other colleges that are located in the state.

On the other hand, sports bettors in Louisiana do not have the same restrictions. It is perfectly legal to place bets on the LSU Tigers.

To find NCAA Tournament betting lines, we encourage customers to sign up for multiple US betting sites. This will give you the opportunity to shop around and find the best lines for each game during March Madness.

The Best College Basketball Betting Sites & Apps

So, which sites are best for betting on the NCAA Tournament? The best college basketball betting sites will offer a wide range of bonuses, betting types, and features.

All of the sites below also have live betting, which lets you bet on games as they happen. During March Madness, there’s nothing better than in-game betting during a day full of action.

We have promo codes and sign up bonuses for every NCAA Tournament betting site. Read our sportsbook reviews for details on how to register.


This year, the Final Four will be played in Caesars Superdome in New Orleans, Louisiana. Caesars is a well-known brand in the gambling world, and it has a fantastic online sportsbook and mobile app.

Caesars sportsbook college basketball
Caesars Sportsbook

All of the bets you make on March Madness will go toward perks in the Caesars Rewards program. It has one of the biggest sign-up bonuses available. Our promo code – CZRSGMABLER – will give you a match of up to $1,250 in bet credit if your first bet doesn't win.


The first weekend of the NCAA Tournament is one of the busiest for the MGM Sportsbook on the Leas Vegas strip. The same could be said for its feature and bonus-packed betting site, which is great for live betting and streaming.

Our BetMGM promo code will give you a first bet offer of up to $1,000. Perfect for your first NCAA Tournament bet.


FanDuel has multiple online betting platforms, becoming a giant in the gambling industry. The college basketball betting options do not disappoint. You can even stream some of the games live and enjoy daily boosts.

Read our review of FanDuel and sign up to claim a no-sweat bet up to $1,000.


I enjoy PointsBet for a variety of reasons, but Pointsbetting is at the top of the list. If you think a spread is wrong, it can be a great time for a Pointsbetting wager. Your winnings or losses are based on how right or wrong you are, differing from a fixed-odds wager.

As soon as you sign up, you can get five bet credits each worth up to $50 back if you don't win.


BetRivers has a lot of bonuses for college basketball betting during the season.

Our BetRivers promo code will grant you up to $500 back in bet credit if your first bet doesn't win.


For sports bettors, DraftKings is a familiar name. The DFS platform was available in many states before online betting was legalized. It will be the go-to site for bracket challenges.

DraftKings offers new users $150 in bonus bets if they win their first bet of just $5 on the app.

NCAA Tournament Betting Strategy & Tips

There are some tips to consider when you are looking at your bracket or making bets on March Madness games.

1.     Home Court Advantage

While some teams travel across the US to play their games, others don’t have to travel too far. Plus, some teams have fans that travel much better than others. If a team has more fans there, it is going to matter. It will be just like a road matchup for teams with fewer fans.

2.     Experienced Coaching

There are new coaches, and then there are college basketball legends. Experience matters, especially in big games during March Madness. Pay attention to coaches like Jay Wright and Tom Izzo.

3.     Be Selective

There are tons of college basketball games during March Madness. The first weekend has games from noon until midnight. Don’t feel like you have to have action on every single one. Find the games with value.

4.     Conference Champions

Look to see how teams have performed late in the season and in their conference tournaments. Many teams do well that come into the tournament hot.

5.     Balanced Teams

Everyone loves an offensively dominant team, but the best teams are usually the most balanced. Defense is always a key focus and often determines success in March.

Favorites to Win March Madness

The odds for the top March Madness contenders will shift all of the way up to the tournament. There are several teams that have had impressive seasons in 2022-23, giving them the best odds to cut down the nets.

NCAA March Madness Betting Bonuses & Promos

There are always college basketball bonuses to use, even during the regular season. But March Madness is a great time for US sportsbooks to add many other promotions.

Ncaa tournament betting bonuses
NCAA Tournament Betting Bonuses

Here are some of the most common NCAA Tournament betting bonuses.

Odds Boosts

There are two types of odds boost promotions. Some odds boosts can be used on any market. For example, you may get a 20% profit boost to any college basketball bet you want.

Other odds boosts will be for certain games and bets, such as Duke covering the spread. Odds may be at -100, and a sportsbook will improve those odds to +120.

Live Betting Bonuses

As technology improves, so does live betting. There’s not a better way to stay engaged with a game than to follow along with the live odds.

NCAA tournament betting sites will offer bonus bets and bet credit exclusively to use for live betting.

Parlay Insurance

With tons of games going on during March Madness, it’s a perfect time for placing multiple game parlays. But you can also find same game parlay features that let you build a perfect bet for one game.

Winning every leg of a parlay except for one is the worst, and that is where parlay insurance bonuses come in. These bonuses will refund you with bonus money if you only lose one leg of your parlay.

Loyalty Programs

Many of the NCAA Tournament betting sites we discussed have loyalty programs, and it’s a great way to earn rewards and promos.

For example, you can earn points as you wager on BetRivers, and then buy the promos you want on the bonus store.

NCAA Tournament Betting 2023 FAQs