March Madness Odds Analysis

Author
Mike Rosenberg
Mike Rosenberg
Content Writer
Last Updated: Mar 20, 2024, 10:06 AM

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

Team

FanDuel

DraftKings

BetMGM

ESPN BET

bet365

Caesars

PointsBet

Connecticut

+450

+475

+450

+450

+475

+450

+450

Houston

+600

+600

+600

+600

+650

+550

+650

Purdue

+800

+750

+700

+700

+750

+650

+750

Arizona

+1400

+1300

+1100

+1300

+1100

+900

+1100

Tennessee

+1600

+1100

+1200

+1300

+1200

+1200

+1200

North Carolina

+2000

+1600

+1800

+2000

+1600

+1400

+1400

Kentucky

+2500

+1800

+2000

+2000

+2000

+1400

+2000

Auburn

+2000

+2200

+2000

+2500

+2500

+2000

+2000

Marquette

+3000

+2500

+2500

+3000

+2500

+2500

+2200

Iowa State

+3000

+2500

+2500

+3000

+2500

+2500

+2000

Duke

+2500

+2500

+2500

+2500

+2200

+2500

+2500

Creighton

+2500

+2500

+3000

+2500

+2500

+2500

+3000

Baylor

+4000

+3000

+3500

+4000

+3300

+4000

+3500

Kansas

+3500

+4000

+2500

+4000

+4000

+5000

+3000

Alabama

+3000

+4000

+3500

+4000

+4000

+3000

+2500

Gonzaga

+6500

+6000

+6000

+7500

+6000

+6000

+5000

Florida

+5000

+7000

+8000

+8000

+6000

+8000

+7000

BYU

+7500

+7000

+5000

+6600

+6000

+7000

+5000

Saint Mary’s

+6500

+7000

+6600

+8000

+8000

+7000

+7000

Wisconsin

+10000

+8000

+10000

+7500

+8000

+12500

+6000

South Carolina

+10000

+8000

+8000

+10000

+10000

+10000

+7500

San Diego State

+7500

+8000

+6000

+7500

+8000

+15000

+7500

Michigan State

+7500

+9000

+6600

+7500

+6600

+10000

+5000

Texas Tech

+10000

+9000

+10000

+15000

+10000

+12500

+8000

*Remaining Teams all 10-1 or greater

March Madness Favorites

1. Connecticut Huskies

Team

FanDuel

DraftKings

BetMGM

ESPN BET

bet365

Caesars

PointsBet

Connecticut

+450

+475

+450

+450

+475

+450

+450

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

Team

FanDuel

DraftKings

BetMGM

ESPN BET

bet365

Caesars

PointsBet

Houston

+600

+600

+600

+600

+650

+550

+650

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

Team

FanDuel

DraftKings

BetMGM

ESPN BET

bet365

Caesars

PointsBet

Purdue

+800

+750

+700

+700

+750

+650

+750

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. 

March Madness Bonuses

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.

Active March Madness Promotions

Bonus Bets

ESPN BET Buzzer Beater Protection

ESPN Bet Sportsbook
Medium
to obtain
04/18/2024
expire
21, Terms and Conditions Apply
Bonus review

Which Sportsbook is Best for March Madness?

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.

Sportsbook User Reviews Comparison

Sort By:
FanDuel Sportsbook
Read Reviews
3873
Reviews
Updated Jan 18, 2024, 2-42 PM
45%
Positive
10%
Mixed
45%
Negative
FanDuel Sportsbook
FanDuel Bet $5 Get $200
AI
Reviews Analysis
DraftKings Sportsbook
Read Reviews
3814
Reviews
Updated Jan 18, 2024, 2-42 PM
35%
Positive
9%
Mixed
56%
Negative
DraftKings Sportsbook
DraftKings No Sweat First Bet Up To $1000
AI
Reviews Analysis
BetMGM Sportsbook
Read Reviews
3393
Reviews
Updated Jan 18, 2024, 2-43 PM
51%
Positive
8%
Mixed
41%
Negative
BetMGM Sportsbook
BetMGM Bet $5 Get $150 in Bonus Bets
AI
Reviews Analysis
ESPN Bet Sportsbook
Read Reviews
2545
Reviews
Updated Jan 18, 2024, 2-42 PM
77%
Positive
6%
Mixed
17%
Negative
ESPN Bet Sportsbook
ESPN BET Make Any Bet Get $100
AI
Reviews Analysis
Caesars Sportsbook
Read Reviews
1922
Reviews
Updated Jan 18, 2024, 2-43 PM
52%
Positive
9%
Mixed
39%
Negative
Caesars Sportsbook
Caesars: $1000 First Bet On Us
AI
Reviews Analysis
Bet365 Sportsbook
Read Reviews
705
Reviews
Updated Jan 18, 2024, 2-42 PM
36%
Positive
10%
Mixed
54%
Negative
Bet365 Sportsbook
Bet365 First Bet Safety Net
AI
Reviews Analysis
Tipico Sportsbook
Read Reviews
694
Reviews
Updated Jan 18, 2024, 2-43 PM
71%
Positive
11%
Mixed
18%
Negative
Tipico Sportsbook
Tipico Bet $25 Get $100 in Bonus Bets
AI
Reviews Analysis
Hard Rock Bet Sportsbook
Read Reviews
582
Reviews
Updated Jan 18, 2024, 2-42 PM
63%
Positive
9%
Mixed
28%
Negative
Hard Rock Bet Sportsbook
Hard Rock Bet No Regret First Bet Up to $100
AI
Reviews Analysis
BetRivers Sportsbook
Read Reviews
552
Reviews
Updated Jan 18, 2024, 2-43 PM
23%
Positive
6%
Mixed
71%
Negative
BetRivers Sportsbook
BetRivers NJ 2nd Chance Up To $250
Code:
SPORTS
AI
Reviews Analysis
betPARX Sportsbook
Read Reviews
422
Reviews
Updated Jan 18, 2024, 2-43 PM
47%
Positive
10%
Mixed
43%
Negative
betPARX Sportsbook
betPARX: Bet $10 Get $125
AI
Reviews Analysis
PointsBet Sportsbook
Read Reviews
347
Reviews
Updated Jan 18, 2024, 2-43 PM
26%
Positive
6%
Mixed
68%
Negative
PointsBet Sportsbook
PointsBet Daily Boosted Odds
AI
Reviews Analysis
Unibet Sportsbook
Read Reviews
200
Reviews
Updated Jan 18, 2024, 2-43 PM
9%
Positive
8%
Mixed
83%
Negative
Unibet Sportsbook
Unibet 2nd Chance Bet Up To $50
AI
Reviews Analysis
Betway Sportsbook
Read Reviews
171
Reviews
Updated Jan 18, 2024, 2-42 PM
43%
Positive
7%
Mixed
50%
Negative
Betway Sportsbook
AI
Reviews Analysis
Golden Nugget Sportsbook
Read Reviews
58
Reviews
Updated Jan 18, 2024, 2-43 PM
17%
Positive
17%
Mixed
66%
Negative
Golden Nugget Sportsbook
Golden Nugget Next Bet On Us Up To $250
AI
Reviews Analysis
SuperBook Sportsbook
Read Reviews
6
Reviews
Updated Jan 18, 2024, 2-43 PM
17%
Positive
33%
Mixed
50%
Negative
SuperBook Sportsbook
SuperBook $250 Every First Bet Wins Bonus Review
AI
Reviews Analysis
Borgata Sportsbook
Read Reviews
4
Reviews
Updated Jan 18, 2024, 2-42 PM
0%
Positive
25%
Mixed
75%
Negative
Borgata Sportsbook
AI
Reviews Analysis

Which Sportsbook Offers Better Responsible Gambling Tools?

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. 

Conclusion

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.

March Madness Odds Comparison FAQs

General
When does March Madness start?
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Betting Odds
Why should I compare odds at multiple sportsbooks?
Which teams currently have the best chances of winning the NCAA Tournament?
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Meet Our Authors

Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief

Sol's interest in sports was sparked at a young age, inspired by athletes such as Barry Sanders, Michael Jordan, and Wayne Gretzky. This early fascination evolved into a deep-seated passion, guiding him toward a career in sports journalism in 2007. Over the years, Sol has contributed numerous articles and reviews to various online platforms, sharing his knowledge and perspectives.

Central to Sol's approach is his dedication to honesty, especially regarding sports betting platforms. He believes in providing bettors with straightforward and detailed reviews, distinguishing his work by avoiding the often overly positive spin on bonus offers and promotions. His commitment to truthfulness has made his reviews a reliable source for those seeking authentic advice and information, thereby earning him a reputation for integrity among his readers.

“In the world of sports betting, truth is more valuable than any bonus offer.”

ExperienceYear
Content Manager, OnlineCasinoReports2012-2021
Sports Journalist, Dottraffic2009-2011
Content Writer, HouseTech2007-2009
Cristina Varela Galan
Cristina Varela Galan
Problem Gambling Expert

Cristina used to work as a Psychology Assistant in the Bizkaia Pathological and Risky Gamblers Association. She was also part of a research team in Deusto University, specializing in pathological gambling area. While working there, she managed to develop her own project 

 “Exploring the association between emotional regulation, alexithymia, stressful life events and gambling in adolescent and young adult women”.

Paruyr Shahbazyan began his business career in 2000 as a private entrepreneur. Over thirteen years, he developed a deep understanding for business and leadership, laying a solid foundation for his professional journey.

In 2013, Paruyr stepped into the sports and betting industry as the founder and president of Bookmaker Rating. This online mass media platform, which he led until 2020, focused on providing in-depth analysis and insights in sports betting, earning a reputation for its quality content. 

Continuing his innovative approach in 2022, Paruyr co-founded Azuro, a decentralized betting protocol. This venture showcases his dedication to integrating advanced technology in the evolving landscape of sports betting. Through these diverse experiences, Paruyr has continuously influenced and shaped the betting industry, driving new trends and setting high standards.

 ExperienceYear
Engaged in private entrepreneurship2000-2013
Founder and President at Bookmaker Rating, an online platform focused on sports and betting2013-2020
Co-founder at Azuro, a decentralized betting protocol2022

"Innovation in sportsbetting comes from a deep understanding of both technology and the human element of sports." 

- Paruyr Shahbazyan, Founder, RG

 

Principles and Ethics

Paruyr Shahbazyan's core beliefs lie in the power of informed decision-making and integrity in the betting industry. He understands that the foundation of successful betting is not just about odds and predictions, but also about the trust and reliability of the information provided. Paruyr advocates for a betting environment where transparency and knowledge are paramount, ensuring that bettors are well-equipped with accurate data and insights.

Strategic Vision

Paruyr's vision is to revolutionize the sports betting industry through the integration of technology. He sees the future of betting as a blend of traditional sports knowledge with innovative tech solutions, like decentralized protocols, to enhance user experience and fairness. His aim is to create platforms that are not only user-friendly but also uphold the highest standards of ethical betting, contributing to a more responsible and enjoyable betting culture.

Future Perspectives

Looking towards the future, Paruyr envisions a betting landscape that is more inclusive, technologically advanced, and globally connected. He anticipates a significant shift towards more decentralized and transparent betting systems, driven by blockchain technology. Paruyr is committed to being at the forefront of this change, continuously exploring new possibilities and innovations that can redefine what it means to engage in sports betting in a digital world. His focus is on building systems that prioritize user empowerment, fairness, and the global growth of the sports betting community.

 

Anna Kravtcova
Anna Kravtcova
Problem Gambling Expert

Ph.D. in organizational psychology, an internationally certified psychologist (EuroPsy 2022, Cognitive behavioural therapy of mindfulness 2020, International Society for Emotional Intelligence 2017, Russian Psychological society 2014, American Psychological Association(Society for Industrial and Organizational Psychologist) 2011), speaker of many international conferences (USA, Brazil, Portugal, Czech Republic, Russia, etc.). TEDx speaker.

Mike Rosenberg
Mike Rosenberg
Content Writer

Mike made the decision to dive headfirst into the booming world of sports betting fresh out of college. Back in the day, when 1-800 pick lines and sports pagers were all the rage, he couldn't resist the allure, having grown up idolizing sports legends like Sweetness, MJ, and Slammin Sammy. Mike dedicated his early years to the industry, tirelessly analyzing games, writing articles with free picks, and selling his expertise on reputable handicapping sites. Unlike many others, Mike was known for his integrity and only released one Game of the Year per sport, per season. His hard work and unwavering commitment paid off, earning him a devoted following and propelling his career to new heights. Then came the explosion of Daily Fantasy Sports. Believe it or not, companies like DraftKings and FanDuel used to pay Mike's company to increase their brand exposure. Now, those same industry giants don't even bother responding to his emails. While Mike appreciates the convenience of being able to place legal bets in his own backyard, he can't help but feel disheartened by what has become of the industry. People are being led astray, falsely believing that a mere $5 wager on a 20-team same-game-parlay will be their ticket to financial security. If there’s one thing Mike learned from making book back in the day, it’s that parlays are a bookie’s best friend. A bankroll is the only leg you have to stand on in the battle with the books, and Mike’s here to offer up advice on how to protect it.