How to Bet on March Madness
March Madness is a large single-elimination basketball tournament, which makes upsets common and brackets popular. This guide explains how to bet on it with hypothetical examples only.
- Each game offers the point spread, moneyline and total, and you can also fill out a bracket or back an outright champion.
- It is a single-elimination tournament, so one bad game ends a team's run.
- Full-game spread, moneyline and totals usually include overtime.
Core markets
Each game uses the standard basketball markets — the point spread, moneyline and total — explained in our basketball betting guide.
Brackets & futures
A bracket is a prediction of the whole tournament; outright futures let you back a champion.
Why upsets matter
The knockout format produces frequent upsets, so favourites carry real risk and the spread often offers more balance than the moneyline on lopsided seeds. Full-game markets include overtime.
Bet responsibly through the tournament
Dozens of games over a few weeks can encourage over-betting, so set a budget and stick to it. See responsible gambling tools.
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FAQ
Each game offers the point spread, moneyline and total, and you can also fill out a bracket or back an outright champion. The spread is the most popular single-game market.
It is a single-elimination tournament, so one bad game ends a team's run. That makes underdogs and the spread heavily bet.
Full-game spread, moneyline and totals usually include overtime. Half markets settle on that segment only.
Last updated: 2026-06-15