2024-2025 CBB Odds — March Madness Best Bets

GLENDALE, ARIZONA – APRIL 08: (EDITORS NOTE: Image taken using a remote camera.) Photo by Brett Wilhelm/NCAA Photos via Getty Images

March is on schedule to be the most bet on month in legal U.S. sports betting history thanks to March Madness and the 2025 Bracket, with many enthusiasts eagerly placing their March Madness bets. The growing presence of legal sports betting in the U.S. and Canada has made it easier for users to access various betting markets and promotions. Follow along as we catch you up to speed with college basketball betting tips, best bets and national championship picks for the 2025 tournament.

2025 NCAA Basketball — Final Four Odds

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What is March Madness?

March Madness is the nickname given to the National Collegiate Athletic Association (NCAA) Division I men’s basketball tournament, which takes place every year in the United States. This thrilling event features 68 college basketball teams competing in a single-elimination bracket, with the ultimate goal of being crowned the national champion. Known for its unpredictable outcomes and dramatic upsets, March Madness captivates millions of fans and bettors alike, making it one of the most popular sporting events in the country. Whether you’re a die-hard college basketball fan or a casual observer, the excitement of March Madness is unmatched, drawing in viewers and bettors from all walks of life, especially when it comes to the thrilling March Madness games.

March Madness Betting Essentials

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What is March Madness Betting?

March Madness betting refers to the act of wagering on the outcomes of college basketball games during the NCAA Men’s Division I Basketball Championship, also known as March Madness. This annual event captivates millions of fans and sports enthusiasts, featuring 68 teams competing in a high-stakes, single-elimination bracket. The excitement of March Madness is not just limited to the court; it extends to the betting world, where fans place bets on various aspects of the games. From point spreads and moneylines to over/under totals, March Madness betting offers a plethora of opportunities to engage with the tournament and potentially profit from your predictions.

Betting Tips for a +EV Strategy

To develop a +EV (positive expected value) strategy for March Madness betting, it’s essential to understand the basics of sports betting and the unique characteristics of March Madness. Here are some tips to help you get started on your March Madness betting experience:

  1. Shop for the Best Lines: Different March Madness betting sites may offer varying odds for the same game. By comparing odds across multiple March Madness betting sites, you can find the most favorable lines for your bets, ensuring you get the best value.
  2. Use Advanced Metrics: Dive deeper into team performance by utilizing advanced metrics like KenPom ratings, adjusted tempo, and defensive efficiency this March Madness. These metrics provide a more comprehensive understanding of how teams are likely to perform, helping you make more informed bets.
  3. Fade Public Overreactions: Public perception can often lead to inefficient lines. By betting on overlooked teams instead of popular ones, you can take advantage of these inefficiencies and find value bets.
  4. Understand Line Movements: Pay attention to how lines move leading up to the game. Analyzing these movements can help you spot soft numbers and identify whether the bets are driven by sharp money or public sentiment.
  5. Bet on Soft Numbers: Place your bets on soft numbers before the market sharpens. This strategy allows you to lock in better odds and, if necessary, hedge smartly to secure profits.

By incorporating these tips into your March Madness betting strategy, you can enhance your chances of making profitable bets and enjoy a more rewarding betting experience during the NCAA Tournament.

2025 March Madness — Final Four Odds

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Odds to make the Final Four via DraftKings Sportsbook

Duke -120

Auburn -110

Alabama +150

Houston +200

Florida +230

Iowa State +300

Tennessee +330

St. John’s +650

Kansas +650

Texas Tech +700

Purdue +750

UConn +800

Marquette +900

Kentucky +900

Michigan State +950

Arizona +1000

March Madness Odds

All odds referenced herein are courtesy of DraftKings and accurate as of February 3, 2025.

These odds can help you identify popular March Madness bets and make strategic decisions.

2025 NCAA Tournament Dates

The following are the key dates for the 2025 NCAA Basketball Tournament:

March Madness, NCAA Basketball Betting Preview

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The 2025 NCAA Bracket is right around the corner and here is everything you need to know before you start March Madness betting your hard-earned money on the monstrous event.

March Madness Betting Tips

March Madness betting is a favorite pastime for sports enthusiasts, offering a unique blend of excitement and strategy. To help you make informed decisions and increase your chances of success, here are some essential betting tips:

By following these March Madness betting tips, you can enhance your betting experience and increase your chances of making profitable bets during March Madness.

March Madness Best Bets – The Favorites

The picks in this section are brought to you via some of our favorite college basketball betting podcasts for March Madness. Many March Madness betting sites offer bonus bets as part of their welcome offers, providing additional value for new customers. Understanding these March Madness betting strategies can help you make more calculated decisions during the tournament.

Popular March Madness Betting Types

March Madness offers a variety of betting options, each with its own unique appeal and strategy. Here are some of the most popular types of bets you can place during March Madness:

  1. Point Spreads: Betting on the point spread in college basketball involves wagering on the margin of victory. The favorite must win by more than the spread, while the underdog must either win outright or lose by less than the spread. This type of bet is popular because it levels the playing field, making games more exciting to bet on.
  2. Moneylines: A moneyline bet is a straightforward wager on which team will win the game. The odds reflect the likelihood of each team winning, with favorites having lower payouts and underdogs offering higher returns. Moneyline bets are simple and great for beginners this March Madness.
  3. Over/Under Totals: Also known as totals, over/under bets involve wagering on the combined score of both teams. You bet on whether the total points scored will be over or under a specified number. This type of bet is ideal for those who prefer to focus on the overall game dynamics rather than picking a winner.
  4. Parlays: A parlay bet combines multiple bets into one, offering higher payouts but requiring all selections to win. This type of bet is riskier but can be very rewarding if all your picks are correct.
  5. Props: Proposition bets, or props, are wagers on specific events within a game, such as which player will score the most points or the number of three-pointers made. Props add an extra layer of excitement and can be a fun way to engage with the games.

By understanding these popular March Madness betting types, you can diversify your betting strategy and find the best opportunities to maximize your enjoyment and potential profits.

Bracket Betting Strategy

Bracket betting is a popular way to engage with March Madness, allowing you to predict the outcome of each game in the tournament and fill out a complete bracket. Here are some effective bracket betting strategies to help you maximize your chances of winning:

By employing these bracket betting strategies, you can approach March Madness games with a well-rounded plan and increase your chances of success in your bracket pools.

States With Online Sports Betting For March Madness

NCAA March Madness

Here’s more information about the states and jurisdictions in which you can place online sports bets during the 2025 NCAA Basketball Tournament.

These new regulations provide more opportunities for March Madness bettors to engage with the tournament.

StateSports Betting LegalityRetail / OnlineMarket Launch
New JerseyLegal & LiveRetail & OnlineJun. 2018
West VirginiaLegal & LiveRetail & OnlineAug. 2018
MississippiLegal & LiveRetail, online is available on site at casinosAug. 2018
New MexicoLegal & LiveRetail, only at a few tribal casinosOct. 2018
PennsylvaniaLegal & LiveRetail & OnlineNov. 2018
Rhode IslandLegal & LiveRetail & OnlineNov. 2018
New YorkLegal & LiveRetail & OnlineJuly 2019
IowaLegal & LiveRetail & OnlineAug. 2019
OregonLegal & LiveRetail & OnlineAug. 2019
IndianaLegal & LiveRetail & OnlineSep. 2019
New HampshireLegal & LiveRetail & OnlineDec. 2019
IllinoisLegal & LiveRetail & Online - in-person registration requiredMar. 2020
MichiganLegal & LiveRetail & OnlineMar. 2020
ColoradoLegal & LiveRetail & OnlineMay 2020
TennesseeLegal & LiveOnline Only - TN will not have retail bettingNov. 2020
VirginiaLegal & LiveRetail & Online, though retail has not launchedJan. 2020
MontanaLegal & LiveRetail, online is available on-site at lottery retailers with alcohol licensesMar. 2020
North CarolinaLegal & LiveRetail, only at two tribal casinos. Online coming in 2024.Mar. 2021
ArizonaLegal & LiveRetail & OnlineSep. 2021
WyomingLegal & LiveOnline Only - WY will not have retail bettingSep. 2021
WashingtonLegal & LiveRetail, online is available onsite at tribal casinos in the stateSep. 2021
South DakotaLegal & LiveRetail, only in DeadwoodSep. 2021
ConnecticutLegal & LiveRetail & OnlineOct. 2021
NevadaLegal & LiveRetail & Online, though registration must be done in-personMay 2018
KansasLegal & LiveRetail & OnlineSeptember 2022
MarylandLegal & LiveRetail & OnlineNovember 2022
OhioLegal & LiveRetail & OnlineJanuary 2023
MassachusettsLegal & LiveRetail & OnlineJanuary 2023
MaineLegal, Not LiveRetail & OnlineTBA
KentuckyLegal & LiveRetail & OnlineSep. 2023
MissouriLegal, Not LiveRetail & OnlineDecember 2025

If you don’t live in a state with legal online sports betting, there’s a good chance you can access a DFS site. And thanks to bonuses like the Underdog Fantasy promo code, you’ll be able to get off on the right foot.

Online Sportsbooks Where You Can Bet On The 2025 March Madness

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Choosing the right March Madness betting site can enhance your betting experience with various promotional offers and betting options. Securing the best odds for your March Madness bets is crucial for successful betting.

About the Author

schmitto
Matt Schmitto (schmitto)

Matt Schmitto is an Organic Strategy Lead for Better Collective. He was introduced to daily fantasy sports in 2012 and soon became a member at RotoGrinders. Seven years later, Schmitto joined RotoGrinders Network full time as a staff writer shortly after the Supreme Court overturned PASPA. He has since covered important stories in the sports betting and fantasy sports industries for sites like SportsHandle and USBets and has had roles as a sports betting editor and commercial content lead. He continues to play DFS and loves placing Futures bets at sportsbooks. His favorite DFS sites are Underdog Fantasy and PrizePicks, and DraftKings. Follow Schmitto on Twitter – @Matt_Schmitto