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March Madness Betting 2022

You think you're ready for March Madness? You're not. Not until you've read our take on March Madness betting odds!

March Madness 2022 Championship Odds

It truly doesn't get better than March Madness. And for sports bettors, it doesn't get better than looking over March Madness odds. After the bracket is formed on Selection Sunday, oddsmakers set hundreds of different March Madness odds including the national title winner, regional winners, Wooden Award winner, and 67 different sets of spreads, totals, and moneylines. It takes six victories to win March Madness, but bettors can be daily winners by taking advantage of all that top sportsbooks have to offer players.

Let's dive into who has a chance to win the 2022 CBB March Madness tourney, and a few sleeper teams worth betting on.

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2022 March Madness Teams to Watch

We know that the parity of college basketball and the single elimination tournament format of March Madness means that anyone can cut down the nets on the first Monday of April each season. The fact that the top six teams in the nation all lost on the same day over a late February weekend proves that’s absolutely the case again in 2022. However, favorites are favorites for a reason.

Consider that 32 of the last 36 NCAA basketball tournament champions were either 1, 2, or 3 seeds. Breaking that down further, 23 of those champions were 1 seeds, and 11 of the last 14 champions were 1 seeds. With that in mind, our teams to watch during this year's 2022 NCAA Tournament are among the top teams in the nation. After all, the tournament's history shows they have the best chance to win March Madness.

All odds courtesy of DraftKings Sportsbook and current as of 3/28

Duke Blue Devils (+155)

It’s only fitting that Coach K’s final run includes not only the first-ever NCAA Tournament game against rival North Carolina - but a Final Four matchup against the Tar Heels, who spoiled Coach K's final home game with a 13-point win in Durham earlier this month. Things have obviously changed drastically in a month's time seeing how UNC was on the "bubble" then. Meanwhile, the Blue Devils have only gotten stronger as the NCAA Tournament has progressed, earning impressive victories over Texas Tech and Arkansas. In what will be the last two games (if they advance) of Mike Krzyzewski’s professional career, Duke has a great shot to win it all if it can get past a very familiar foe. Paolo Banchero (18.5 points, 7.0 rebounds, 3.5 assists) has been as good as anyone this March. As long as Banchero's playing this well, we like the Blue Devils' chances.

Kansas Jayhawks (+185)

Kansas (+185): Duke may be the favorites because of its Final Four opponent, but Kansas is the best team remaining in the NCAA Tournament. This offense can score in bunches but the defense has really locked in, holding opponents to an average of 59.8 points. It doesn’t get much better than the three-headed backcourt monster of Ochai Agabaji, Christian Braun, and Remy Martin. The Jayhawks have the tougher side of the bracket, but they’d be favored if they can get past Villanova. We love their odds here.

Villanova Wildcats (+450)

They’ll have to do it without Justin Moore (torn Achilles), but Villanova is Final Four-bound for the third time since 2016. The Wildcats got there thanks to some remarkable team defense, holding all four tournament opponents to 61 or less points (and an average of 55.0 points). The offense really hasn’t hit its peak yet, but they’re title contenders if it happens. The loss of Moore (13.6 ppg in the tournament) can't be overstated, given that Villanova doesn't have much depth, but Jay Wright knows how to win on this stage. Still, we would tread lightly here since this number would likely be much lower if Moore were healthy.

North Carolina Tar Heels (+500)

Who exactly is stopping this offense? The Tar Heels have been lights out through four NCAA Tournament games, averaging 82.5 points on the backs of Caleb Love (18.0 points), Brady Manek (21.5 points), and Armando Bacot (16.5 points). Now UNC gets a Final Four rematch with Duke, which it smacked in Durham less than a month ago. North Carolina shot 49% and had just five turnovers against the Blue Devils that night in early March. If Hubert Davis' squad replicates that effort, they'll likely be in the 80's. In that scenario, the Tar Heels will be a tough out. This isn't your ordinary No. 8 seed. We think there's some value here.

NCAA Most Outstanding Player Betting Odds

All odds courtesy of DraftKings and current as of 3/28

Most Outstanding Player honors are still up for grabs in one of the more unpredictable NCAA Tournaments we’ve seen in years. Duke freshman Paolo Banchero is the favorite at +275 entering the Blue Devils’ Final Four matchup with North Carolina. The 6-foot-10 forward has scored at least 16 points in every game and is shooting 57.1% from deep for the tournament.

Kansas senior guard Ochai Agbaji is next on the board at +500, while Villanova’s Jermaine Samuels (+800) and Collin Gillespie (+900) round out the top four. Agbaji is an impressive all-around player who led the Jayhawks with 18 points in the Elite Eight win over Miami. He’ll match up with Samuels and Gillespie for their Final Four game, in which the Jayhawks are -4.5 favorites.

Samuels is the sneakiest name on the list after a relatively quiet regular season. The senior forward exceeded his average of 11.1 points in each of the Wildcats’ first four tournament games, including a double-double with 16 points and 10 boards in the upset win over Houston.

Gillespie, who missed last year’s tournament after suffering a season-ending knee injury, has had some big moments this month – including 20 points in a second-round win over Ohio State.

With Gonzaga’s Chet Holmgren – the projected No. 1 pick in the upcoming NBA Draft – and others like Purdue guard Jaden Ivey watching from home, the stage is set for one of the above standouts to steal the show and take home MVP honors in New Orleans.

We like the value on Ogbaji at +500. The award has gone to a player on the winning team every year since 1984 – Duke is the favorite to cut down the nets at +155, but Kansas isn’t far behind at +185.

Even if Villanova pulls off two upsets to take the title, it’s a toss-up whether the award would go to Samuels or Gillespie. We like the Jayhawks’ chances in the Big Easy, and we’re confident Ogbaji will be the choice if Kansas wins it all. He’s the smart bet going into the weekend.

NCAA Tournament Most Outstanding Player Odds

Player Odds
Paolo Banchero (Duke)+275
Ochai Agbaji (Kansas)+500
Jermaine Samuels (Villanova)+800
Collin Gillespie (Villanova)+900
Armando Bacot (North Carolina)+1000
Remy Martin (Kansas)+1200
Brady Manek (North Carolina)+2000
Mark Williams (Duke)+2000
Jeremy Roach (Duke)+2000
Caleb Love (North Carolina)+2000
AJ Griffin (North Carolina)+2000

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Best Sportsbooks for March Madness 2022

There's nothing quite like college hoops in March. The best online sportsbooks know this, and they typically offer heaps of different NCAA Tournament odds. The types of bets are truly limitless, with hundreds of different futures odds, game lines, totals, and moneyline odds to win March Madness games. But that also means it can be difficult to figure out where exactly to place your bets. Whether you think Texas Tech is making it to the Final Four or have the Duke Blue Devils winning it all in Coach K's last season, the right sportsbook can make all the difference. Here are some of our favorites for march madness odds:

DraftKings Sportsbook

If you're looking for a combination of march madness odds, futures odds, great live betting, and excellent promotions during the NCAA Tournament, DraftKings is the spot to be. New users can Bet $5 on a college basketball moneyline and win $200 if their team wins. The offer is paid out in 8 $25 free bets and expires in seven days. That offer is in addition to DraftKings’ standard welcome offer of a 20% deposit match up to $1,000

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Caesars Sportsbook

Caesars Sportsbook routinely provides bettors with the best sign-up bonuses in the industry. Currently, new users can get up to $1,100 in first-bet insurance with the Caesars promo code BOOKIESCZR. Just make your first bet and if it loses, you’ll get the amount back in the form of a free bet (up to $1,100). On top of that, Caesars is one of the our favorite sports betting sites in terms of navigation, ease of use, and the sports betting app.

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BetMGM Sportsbook

BetMGM is always one of the best options when it comes to promos, specifically for special events. For March Madness, “The King of Sportsbooks” is offer a Bet $10, Win $200 if any team makes a 3-pointer! The bonus will be paid as a site credit. This is an amazing offer considering the rate at which teams will be hoisting 3’s, especially if they’re trying to catch up. This bet is sure to hit within the first five minutes or so. Of course, the added bonus is that you’ll now have a BetMGM account, which means you’ll get all the perk of M life Rewards.

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FanDuel Sportsbook

FanDuel is the U.S. market share leader for a reason. It offers a great user experience, plus great promotions and same-game parlays. This year, for March Madness, FanDuel is offering a 30-1 odds boost, regardless of your bet’s outcome! This offer is available to new users only and it must be claimed using the FanDuel app. The bonus will be paid in site credit. This deal is taking the place of the standard offer of a risk-free bet up to $1,000.

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PointsBet Sportsbook

If you're looking for something different from the traditional bets you likely made in the past week, consider the PointsBet Sportsbook and PointsBetting. It essentially is a bet that pays out based on by how much you win your bet, or costs bettors based on by how much they lose. If a player bets $10, they'll win $10 for every point Duke wins past three points, and they'd lose $10 for every point Duke did not cover by. So if Duke won by 11 points, bettors would win $80 (11-3 = 8 points difference). PointsBet has promised to offers some of the top march madness odds in the industry. If the Blue Devils lost by 2, bettors would lose $50. Of course, PointsBet also features more traditional bets like futures odds, points spreads, and totals.

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March Madness 2022 Betting Restrictions

Online sports betting is now legal in more than 25 states. However, unlike professional sports which allow for unlimited betting on all markets, there are some restrictions when it comes to in-state betting and March Madness odds.

These restrictions are in effect in the following locations: Connecticut, Delaware, Washington D.C., New Hampshire, New Jersey, New York, Oregon, Rhode Island, South Dakota, Virginia, and Washington. The restrictions vary. For instance, in Washington, New Jersey and Connecticut, you can bet on march madness odds, but you can't wager on any state college team. Be sure to check your local guidelines, but your app will also tell you right away what's available.

NCAA Final Four Tournament History

2021: Baylor, Gonzaga, UCLA, Houston

2020: N/A, COVID-19

2019: Virginia, Texas Tech, Michigan State, Auburn

2018: Villanova, Michigan, Loyola-Chicago, Kansas

2017: North Carolina, Gonzaga, Oregon, South Carolina

2016: Villanova, North Carolina, Oklahoma, Syracuse

2015: Duke, Wisconsin, Michigan State, Kentucky

2014: Connecticut, Kentucky, Florida, Wisconsin

2013: Louisville, Michigan, Syracuse, Wichita State

2012: Kentucky, Kansas, Ohio State, Louisville

FAQs

Which Sportsbooks Offer the Best 2022 March Madness Odds

College basketball betting odds will be similar across different sportsbooks, so we recommend bettors use the top online sportsbooks that give them the best promotions such as the ability to earn free bets, odds boosts, and other bonuses during March Madness. NCAA Tournament odds are available at most major online sportsbooks, so shopping around for the best promotions is always in the bettor's best interest.

Where is College Basketball Betting Legal

College basketball sports betting is legal in all states where online sports betting is allowed. Several states restrict college betting to teams outside of their jurisdiction, i.e. you can't bet on a UConn basketball game if you're in CT. Check your local guidelines. If all else fails, your sports betting app will let you know what college markets are available.

Where is College Basketball betting Illegal?

March Madness betting is legal in all states where online sports betting is also legal. Of the states where online sports betting is legal, restrictions exist on in-state collegiate betting in the following locations: Connecticut, Delaware, Washington D.C., New Hampshire, New Jersey, New York, Oregon, Rhode Island, South Dakota, Virginia, and Washington.

Which Sportsbooks Offer College Basketball live betting?

All of the top mobile betting sites offer college basketball live betting. Our favorite sportsbooks for live betting odds are ones that have great mobile betting apps, quick response times, and bet slips that populate effectively. Those sites, of course, also offer college basketball futures that include national title winner, Most Outstanding Player odds, regional winners, and odds on teams to advance to the Sweet 16.

Who is the favorite to win the March Madness tournament?

The current favorite to win March Madness is Duke at +155. That means you'd win $155 if you bet $100 on the Blue Devils to cut down the nets in New Orleans.

When does March Madness start?

The First Four takes place March 15-16, 2022, in Dayton, Ohio. The opening rounds of the NCAA Tournament start March 17-18, 2022, at eight different locations across the country.

How much do Americans bet on March Madness?

Americans bet an estimated $8.5 billion on March Madness games in 2019, according to the American Gambling Association. An estimated 40 million will fill out a bracket and wager roughly $4.6 billion in office pools and picks competitions. Nevada sportsbooks took on $495 million in NCAA Tournament bets in 2019.