March Madness Live Betting: 5 Tips for 2023

Apr 3, 2023 • PickBoss

March Madness is almost here, and it will once again be one of the most exhilarating sporting events of the entire season. The NCAA Tournament is not only extremely exciting, but it also presents a great opportunity to bet and win some money.

There are going to be plenty of different bets that can be made during the NCAA Tournament, and those wagers are available on every game. It's important to develop a March Madness betting strategy, as having a well-developed plan will give you the best chance to succeed.

March Madness Live Betting Tips

One strategy to use when it comes to the NCAA is to get involved with some March Madness live betting. Some people who have been extremely successful in betting on March Madness will tell you that they have more success when betting live.

From which games to bet on to what betting types are best for live betting, there is a lot to navigate through, especially for new bettors. In this article, we give you the top five tips for March Madness live betting.

Best March Madness Live Betting Sites

While knowing the best March Madness live betting strategies is important, it's also crucial to know which websites to use for it. We looked at sites that have the best bonuses, the biggest variety of live betting options, and are easy to use.

You can sign up for these sportsbooks and claim their offers with the links below.

1 - Trust the Upsets

Betting on March Madness is much different than betting on college basketball during the regular season. The best teams tend to win most of the games during the regular season, but things are always different during the NCAA Tournament.

One of the country's best teams typically wins this tournament, but you will also see plenty of big names fall during the early rounds of the NCAA Tournament. Cinderella teams help make March Madness so special, and there will be a handful of those that take place in the first or second rounds.

If you are going to be successful when betting live, you have to be willing to trust the upset picks you made before tipoff. You need to do plenty of research before each game to determine what top teams will fall, and you can't backtrack on those beliefs when betting live.

It's a good strategy to wait until the games are taking place to bet on an underdog, but you always want to stick with what you believe pregame. Trust the upset picks you think will happen, and don't go back to betting on the top teams if you are making an in-play wager.

video-thumbnail-March Madness Contenders

2 - Watch the Games Live

Perhaps the most important strategy when doing some March Madness live betting is to watch the actual game or follow along closely with the action. There are only going to be four games going on at a time at most, and you should be able to keep tabs on what is taking place.

You are going to want to begin every day of March Madness by studying all of the matchups and coming up with some potential bets to make. After doing all of your research, you should have a good idea of how you expect each game to play out.

Things can always change quickly in a game, and unexpected things can happen that will impact a result. The only way you will know what is going on is by watching those games live and then making sure you are ready to react quickly.

With modern technology and the accessibility to streaming NCAA games and your online sportsbook of choice, following closely has never been easier. It also allows you to react to in-game action and trends you notice, let alone what the statistics tell us.

It's a great strategy to have the games on the television and your sportsbook app open in front of you. That will allow you to watch what is unfolding on the TV and keep a close eye on the odds that are being posted.

A great time to make a live bet is during a timeout or at halftime, but you can make these live bets at any point in a game. Keep a close eye on those odds, and make sure you are ready to react as soon as you see the odds that you were hoping to see.

3 - Create Live Betting Parlays

Most people tend to focus on just one matchup when doing March Madness live betting, but there is actually a chance for an even bigger win. If you really want to take a risk, then putting together a live betting parlay is the best way to go.

With up to four games going on at a time, you can combine bets from those four games for a chance to really cash in on the odds. If you make a live betting parlay, you can combine different betting types into one larger wager.

A parlay bet is a combination wager, and you are going to have to win all of the individual bets in that parlay in order for it to cash in. You shouldn't try to make crazy bets if putting together a parlay, though, as you still need to guard against the unexpected taking place.

You could also combine some live bets with some pregame wagers into one large parlay if you like some of the bets that are coming later that night. You will find plenty of options when putting together a parlay, but don't be afraid to make one using live odds.

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4 - Use Different Betting Types

March Madness live betting is slightly different than betting on games before they start, and you are going to see more limited betting opportunities. That doesn't mean that there aren't some great bets to make, but some sportsbooks are only going to have a handful of options with in-play wagering.

If you are going to be successful when betting on the NCAA Tournament, then you have to be willing to explore many different betting types. Simply betting the moneyline or spread is going to limit your options, and there are going to be instances when those bets aren't even made available to you.

You should first know and understand the different betting types that are going to be available on college basketball and be ready to look at all of those odds during a game. You might end up going back to the moneyline or spread, but you at least want to take a look and see how the other odds stack up.

Betting the over/under is a popular wager to make if you are betting a game live, and you can give yourself an edge if you are studying the offensive stats closely. You don't have to stick to the standard bets, though, either, as you might find some prop betting options available that can lead to a big win.

Prop betting just continues to become more popular, and you will find both player and team options when it comes to the NCAA Tournament. Make yourself familiar with the prop betting options before the game starts, and then keep a close eye on those as the game is playing out.

Make sure that you are giving yourself the best chance to win some money by using different betting types when betting on live games.

5 - Don't Bet on Every Game

If you are watching the NCAA Tournament and trying to make live bets on March Madness, you still need to be smart about it. The first two days of March Madness are going to give you 16 different games, but that doesn't mean that you are going to want to make 16 different wagers.

Just like with the regular season when it comes to college basketball, there will be games that don't present any good options. The one negative about live betting is that you aren't going to have a ton of time to make a decision, and you don't want to make a bet just to make one.

You might be watching a game, and you can't figure out what is taking place. March Madness is full of unpredictable moments, and there are going to be some results that will have you shaking your head.

If you aren't liking what you are seeing or feeling, then it is perfectly fine to sit a game out. The great thing about the NCAA Tournament is that there are 67 games in total, and you will always have more opportunities to make a wager.

Hopefully, you are going through the games that you are watching and can find some bets to make, but don't be afraid to take a game off if you don't think you have a good bet to make.

How March Madness Live Betting Works

March Madness live betting works the same way live betting for other sporting events works, but with multiple games played at the same time through the early rounds, quick decision-making is of the utmost importance. It can be difficult, but with good timing and a bit of luck, you can capitalize on a big payday.

March Madness live betting odds are constantly updated throughout the game based on changes to the score, foul situations, gameflow, the possession arrow, and much more. Analyzing all of these factors is key to finding success.

For this reason, it is highly recommended that you only partake in live betting when you’re actually watching a certain game. This can allow you to capitalize on game trends in real time and pounce when the odds are in your favor.

Best Bonuses for March Madness Live Betting

Now that you know the best tips for live betting on March Madness, you might be wondering which sportsbook to choose to get the most out of your bets. We selected a few sportsbooks below with the best March Madness offers that you can claim right now.

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

Conclusion

That concludes our March Madness live betting guide. The NCAA tournament can be an exciting and lucrative event for sports fans. However, your chances of winning will improve significantly if you approach your bets with a strategic mindset.

Do your research, watch the games live, and don't stress too much if a bet doesn't go your way. There are 67 games to bet on during March Madness, so remaining patient is critical.

By following our five tips for live betting on March Madness, you will give yourself the best chance to win and enjoy this college basketball festival to the fullest.

March Madness Live Betting FAQ

Why is it important to watch the games while live betting?

If you’re actively watching the games you’re betting on, you’re more likely to pick up on game trends. You’re giving yourself an advantage by being able to react and respond quicker than those who are only watching the scoreline on the ticker at the bottom of a TV screen.

How should I create a parlay while live betting?

Creating a parlay while live betting is best done partway through the game when you can pick up on some of the game trends. If a player gets into foul trouble early, they could have trouble hitting one of their player props. If a team is rolling from beyond the arc, including a bet on the over in your parlay can pay off in spades.

Where should I live bet on the NCAA tournament?

Live betting on the NCAA tournament can be done from nearly anywhere, as long as you’ve got a steady internet connection. It’s recommended you test your betting app or internet speed ahead of the tournament so you can be ready to go once the games tip off.

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March Madness Live Betting: 5 Tips for 2023

March Madness Live Betting Tips

Best March Madness Live Betting Sites

1 - Trust the Upsets

2 - Watch the Games Live

3 - Create Live Betting Parlays

4 - Use Different Betting Types

5 - Don't Bet on Every Game

How March Madness Live Betting Works

Best Bonuses for March Madness Live Betting

Conclusion

March Madness Live Betting FAQ

Why is it important to watch the games while live betting?

How should I create a parlay while live betting?

Where should I live bet on the NCAA tournament?

Want To Learn More?

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