March Madness Betting Strategy: 5 Tips for 2023

Apr 3, 2023 • PickBoss

The 2023 March Madness tournament is set to be another exciting event, just as they all are every year. Sixty-eight of the best teams in college basketball will compete for a chance to cut down the nets and win the Final Four.

Coming up with a March Madness betting strategy is really the only way to be successful. Some March Madness betting tips seem to work, or you can also try and develop your own tricks.

In this article, we will give you our five tips to make sure your March Madness betting strategy would have the best chance of success.

Best Sites to Test Your March Madness Betting Strategy

The best sites for betting on March Madness are those that offer competitive odds, a wide range of betting options, and reliable payment and withdrawal methods.

Popular options include Caesars, DraftKings, and FanDuel, all of which are reputable and regulated sportsbooks. It's important to do your research and compare offerings before placing your bets.

March Madness Betting Strategy

You will be overwhelmed with betting options when it comes to March Madness, but it won’t matter until you have a plan to try and win some money. You can find some NCAA Tournament betting strategy websites, or you can simply use the tips we have provided for you.

These five March Madness betting tips will put you on the path to success, and then it is up to you to make the right wagers. Know that you are going to still suffer some losses regardless of how great your plan is because this event is always unpredictable.

video-thumbnail-March Madness FuturesPick

Tip 1: Ignore the “Experts”

The first March Madness betting strategy you will want to use is to ignore all of the “experts” who love sharing their picks for the NCAA Tournament. ESPN and other sports media outlets will have their experts predicting the bracket as soon as it comes out, but that doesn’t mean anything.

Getting help with betting on the NCAA Tournament is a great idea, but the experts you see on television aren’t going to know the betting side of it all. They are simply going off of what they have seen from each team, and they typically tend to focus on the best college basketball programs as well.

You also want to separate your bracket picks from sports betting because they are two completely different things. Filling out your bracket is simply picking the teams that you think will win, but there are many other ways to bet on each game.

If you are going to win money when betting on the NCAA Tournament, then you will need to be your own expert.

Tip 2: Know the Locations

The 2023 NCAA Tournament will be played in locations throughout the country, and it’s extremely important that you know these locations. Most people tend to forget about home-court advantage when it comes time for March Madness, but it can still impact how a game is played out.

The top seeds will all be sent to a location close to their campus, especially when it gets time for the Sweet 16 round. Those local fans will then show up at the arenas to cheer on their favorite teams, and that extra boost can provide a huge plus for the top teams.

You aren’t going to see a ton of students at the NCAA Tournament games, but the best teams are still going to have a massive following. Home court advantage isn’t going to be the determining factor in March, but it’s something that you need to have stored away in the back of your head.

Big arenas or stadiums can also impact a team that wins games based on their shooting, as it can be hard to make shots in a domed environment.

Tip 3: Analyze Each Matchup Carefully

A very important March Madness betting strategy is carefully analyzing each matchup before submitting a wager. You should always be doing research when betting of any kind, but it’s even more important during March.

You should cover up the seeds when looking at a game because those seeds have very little impact on how a game will play out. The top teams will always have a better seed based on what they have done throughout the season, but this tournament is all about the matchups.

When breaking down each matchup for the NCAA Tournament, you need to look at the good teams on both ends of the floor. It will take a balanced effort to win games in the month of March, and there will be plenty of data to analyze.

Another important thing to try and find is which teams are the best at covering the spread. If a team is barely sneaking by teams all season long, that might be a team to stay away from when the lights get brighter in March.

Checking out the injury report from each team is also going to be important, as some teams could end up without some of their top stars. Just because a 1-16 matchup takes place doesn’t mean that you should automatically assume that the top seed will roll to a win.

If you research the history of the NCAA tournament, you won’t have to search long to find numerous examples of highly ranked teams unexpectedly exiting the tournament early. While these upsets are exciting for the tournament spectators, but send brackets into chaos and give many bettors an unexpected loss.

There is a lot of information on each NCAA team, so you’ll want to carefully review the data and information for each matchup before committing to any pick.

Tip 4: Coaching Matters in the NCAA Tournament

Coaching matters in college basketball, and looking at the coaching matchups is another March Madness betting strategy to remember. This does not mean that the most legendary coaches will always have the best teams, but they will usually put their teams in a position to be highly successful.

Since most of the NCAA Tournament games tend to be extremely competitive, coaching can get some of the teams over the hump in a matchup. March Madness games are usually played in a half-court setting as well, and the best coaches know how to draw up plays so that their team has an easy scoring opportunity.

You also need to pay attention to some of the smaller schools and see how successful their coaches have been in the past as well. You might be surprised by some of the coaches that are leading mid-major teams, as some have come from much bigger programs that have been successful in March.

The best college basketball coaches in the country also have a track record of success when it comes to covering the spread with their teams. That is in recent or past NCAA Tournaments and throughout the regular season.

Simply picking a matchup based on the coaching matchup is not something you want to do, but you need to know which coaches are leading the top teams in March.

Tip 5: Look For Bonuses or Promotions

One thing that you aren’t going to see from NCAA Tournament betting strategy websites is to check out each sportsbook before making any wagers. You always want to look for the best odds when betting on a game, but there is something else that you should be looking for as well.

Sportsbooks are going to go big when it comes to the NCAA Tournament, especially when it comes to offering big bonuses or promotions. If you really want to give yourself the best chance to win some money, then you need to be on the hunt for these bonuses.

Bonuses or promotions will come in many different forms, and it’s up to you to choose the one that works the best for you. Some sportsbooks will give you a deposit match to use, while others might offer a risk-free bet.

You will then have to make the right bets to get the full value of an offer, but checking out the bonuses and promotions is a March Madness betting strategy that most people tend to forget about.

You can find some of the best March Madness bonuses below.

FanDuel

Bonus Offer

No Sweat First Bet up to $1,000

Top Features

Huge Betting Menu

Quick Payouts

Reliable Mobile App

CLAIM OFFER

DraftKings

Bonus Offer

$1,000 Deposit Bonus

Top Features

Great Live Betting Section

Same-Game Parlays

User-Friendly Interface

CLAIM OFFER

Caesars

Bonus Offer

Get Up To $1,250 in Bet Credits

Top Features

A Wide Variety of Betting Options

Generous Welcome Bonus

Many Deposit Options

CLAIM OFFER

March Madness Betting Strategy FAQ

What is the best way to succeed when betting on March Madness?

The best way to succeed when betting on March Madness is to research as much as you can before placing a wager. Understand what makes a given team successful and what can cause them to struggle. Study the odds as well so you can put yourself in the best possible position to win.

What March Madness bonuses should I look for?

Whether you’re a new bettor or a season vet, sportsbooks will always offer March Madness bonuses which you can use to your advantage. Deposit matches, odds boosts, and risk-free bets are frequently available in the early rounds and can boost your bankroll ahead of the Final Four.

Does Home-Court Advantage apply during March Madness?

Home-court advantage can play a role in March Madness depending on where the game is being played. While the NCAA selection committee tries to keep teams from playing games in their home venue, there are certainly geographic advantages that can impact the game’s outcome.

Looking for More Tips on March Madness Betting Strategy?

The five tips we covered in this article will help you take your March Madness betting strategy to the next level. But there are always ways to improve your chances of success and to be more prepared ahead of the NCAA tournament.

On our website, we have many resources available that will help you make the most profitable March Madness bets. From betting guides to MVP odds, you will find everything you need to put yourself in the best position of winning. So if you are eager to learn more, make sure to check out these PickBoss March Madness guides.

March Madness Betting Strategy: 5 Tips for 2023

Best Sites to Test Your March Madness Betting Strategy

March Madness Betting Strategy

Tip 1: Ignore the “Experts”

Tip 2: Know the Locations

Tip 3: Analyze Each Matchup Carefully

Tip 4: Coaching Matters in the NCAA Tournament

Tip 5: Look For Bonuses or Promotions

March Madness Betting Strategy FAQ

What is the best way to succeed when betting on March Madness?

What March Madness bonuses should I look for?

Does Home-Court Advantage apply during March Madness?

Looking for More Tips on March Madness Betting Strategy?

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