March Madness Odds Analysis

March Madness is back and ready to thrill college basketball fans with buzzer beaters and upsets that create a new batch of memorable tournament moments. Before rushing out to sign up to a new sportsbook, let’s compare the March Madness odds on different platforms so you can make a more informed decision. 

Comparing futures odds at FanDuel, DraftKings, BetMGM, ESPN Bet, bet365, Caesars, and PointsBet is extremely important before March Madness. Odds can fluctuate due to a number of factors but we have analyzed the latest March Madness Odds to give you a better picture. 

March Madness Odds Comparison Table

1. Connecticut Huskies

The Connecticut Huskies are odds-on favorites to cut down the nets across the board.

• Initially 14-1 to defend their title, the reigning champs went 28-3 in the regular season and amassed 11 Quadrant I wins to run away with the Big East title
• Pomeroy Rating: No. 2 in the country.
• +475: DraftKings | bet365
• +450: FanDuel | BetMGM | ESPN Bet | Caesars | PointsBet

A $100 futures odds wager at +475 odds would yield $475 in profit (total return $575) if UConn wins the NCAA basketball title, while a $100 wager at +450 would return $450 (total return $550). DraftKings and bet365 yield the best rates of return on another Huskies title run.

2. Houston Cougars

The Houston Cougars own the second-shortest March Madness odds. 

• Kelvin Sampson’s troops opened 22-1 choices to win the 2024 NCAA Tournament. Matching UConn’s 28-3 record, the Coogs cruised to the Big 12 regular season title by winning 15 of 18 games and registering a nation-best 14 Quad I wins.
• Pomeroy Rating: No. 1 in the country.
• +650: bet365 | PointsBet
• +600: FanDuel | DraftKings | BetMGM | ESPN Bet
• +550: Caesars

A $100 bet on the Cougars to win the national championship would yield $650 in profit (total return $750), while a $100 wager at +550 would only return $550 (total return $650). PointsBet and bet365 would be the March Madness sportsbooks to target for a futures bet on Houston.

3. Purdue Boilermakers

Zach Edey and the Purdue Boilermakers own the third-shortest odds to win it all

• Originally 21-1 to win the title, the Boilers logged 12 Quad I wins and ran away with the B1G title by winning 17 of 20 games to finish the year with the same 28-3 record as UConn and Houston.
• Pomeroy Rating: No. 3
• +800: FanDuel
• +750: DraftKings | bet365 | PointsBet
• +700: BetMGM | ESPNBet
• +650: Caesars

A $100 wager on the Boilermakers to win the NCAA Tournament would bring back $800 in profit (total return $900) per the current March Madness odds, while a $100 bet at +650 would yield $650 (total return $750). If Purdue is the favorite you fancy, FanDuel would be the sportsbook to invest in the Boilers at. 

As popular as March Madness is, sportsbooks have still provided a number of bonuses for the NCAA Championship Tournament. 

Interested users will be able to find daily Odds Boosts, Parlay Bonuses, Early Payout offers, and more. 

Using any bonus comes with a number of terms, conditions, and wagering requirements so be sure to read our reviews on each one prior to opting in.

When choosing a sportsbook for March Madness it is very important to base your decision on a number of variables. A good place to start is by reading real user reviews about the platform you are considering.

We have parsed thousands of real user reviews and have extracted the tone and sentiment of each one using AI. This way, we are able to fully understand whether that user was positive, negative or mixed on their review of the sportsbook.

Implementing  responsible gambling practices during the March Madness tournament is imperative if you plan on making multiple wagers this year. Each of the sportsbooks in this comparison offer numerous tools and resources to assist users in gambling responsibly so please take advantage of them.

Responsible Gambling Tools

1. Self-Exclusion: Users have the option to voluntarily exclude themselves from the platform for a specific duration.
2. Deposit Limits: Users can establish restrictions on the amount of money deposited within a designated time period.
3. Time Limits: Limits can be set to control the duration of time spent on the platform.
4. Wager Limits: Users have the ability to place limits on the amount of money wagered over a specific period.
5. Cool-Off Period: Individuals can take a brief break from placing bets on the platform.
6. Educational Resources: Access to informative materials and resources is available to promote responsible gambling practices.

These Sportsbooks must place a priority on the well-being of their users according to state regulations, creating a safer gambling environment. 

This comparison has provided a comprehensive analysis of the March Madness futures odds offered prior to the tournament, insights into the available betting lines, bonuses, user reviews, and responsible gambling tools. By exploring these aspects, bettors can make more informed decisions and enjoy a more responsible NCAA Tournament experience.

• March Madness Odds: The top teams with the highest chances of winning are the Connecticut Huskies, Houston Cougars, and Purdue Boilermakers, with odds that can vary based on factors like betting volume and market demand.
• March Madness Bonuses: Sportsbooks offer attractive promotions, such as welcome bonuses, odds boosts, bet tokens, and unique bet offers. New account holders benefit from welcome bonuses, while odds and profit boosts enhance profitability for all types of bets.
• User Reviews: These are valuable for bettors to gain insights into betting experiences at all the different sportsbooks. They will help prospective bettors make better informed choices for the upcoming March Madness season.
• Responsible Gambling: During the NCAA Tournament, responsible gambling should be a top priority. Sportsbooks offer various tools and resources to promote it. These measures demonstrate a dedication to user well-being and adherence to industry standards.

The hope is this analysis has offered beneficial perspectives to assist you in making an informed choice when selecting the sportsbook that aligns best with your preferred betting style for March Madness 2024.