Embrace the madness! It’s time to place your bets on the most exciting college basketball tournament of the year! James Young (@CoachYoungNJ), SportsGrid Lead Basketball Analyst, joins Joe Pisapia to share his predictions on who makes it through in each region, shed light on some potential upsets, and give you the scoop on some of the best bets to win the national championship. Which school will survive the madness? The Pros will tell you!
2023 March Madness Betting Guide
Timestamps
South Region – 0:03:03
East Region – 0:07:38
Midwest Region – 0:10:51
West Region – 0:14:23
Championship Pedigree – 0:17:24
What is Betting Against the Spread?
Betting “against the spread” refers to the act of choosing the winning team based on a numeric handicap placed on the team that oddsmakers believe is superior, rather than picking the outright winner. For example, if the Rams face the Bengals, and oddsmakers set the spread at Rams -3.5, you would need Los Angeles to win by 4 or more points in order to cash your Rams bet.
What is an Over/Under Bet?
Over/Under is a wager based on how many points you think will be scored in a specific game. Oddsmakers set the total, and bettors decide whether the final score will be higher or lower than that number. If an Over/Under is set at 44.5 points and you bet Over, you will need the combined score of both teams to be 45 points or higher to win your bet.
What is a Moneyline Bet?
A moneyline bet involves choosing which team you believe will win a specific matchup. The moneyline favorite carries a minus designation, like -130. This means that you need to wager $130 to earn a $100 profit. Conversely, the underdog carries a plus designation, like +110. This means that you win $110 in profit on a $100 bet.
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