March Madness Betting Sites - NCAA Championship Betting Odds US 2021

March Madness Bracket Competition is maybe the biggest college sports event in the United States. In 2021, 68 teams will compete for the title of national champion.


Your betting choices are no longer limited to office pools. Betting on March Madness online is also available in more states than ever, as sports betting legalization has spread across the United States. BonusFinder brings you the best March Madness Betting site bonus information you can use to bet on Sweet 16 teams or the tournament winner.

playbtn We found 4 bonuses

March Madness 2021 Betting Sites

College Basketball Betting

You can now legally bet on NCAA March Madness.

March Madness 2021 will be the biggest NCAA college basketball tournament ever. With 10 legal sports betting states now live across the US, sports bettors have several betting options for the post season mens basketball NCAA tournament. Betting lines and bonuses vary between online sportsbooks, so BonusFinder US breaks down the best March Madness betting sites in every legal sports betting state across America.

Best March Madness Betting Sites 2021

You can bet on March Madness at sports betting sites in 10 legal states. The best March Madness betting sites have up to $2,000 welcome bonus, free bet offers, and first deposit match bonuses. Online sportsbooks in the United States offer college basketball bettors the best odds and sign up bonuses for betting on March Madness.

Betting Site for March Madness March Madness Signup Bonus Bonus Code
PointsBet Up to $2,000 welcome bonus 2000BONUS
BetMGM Sportsbook $600 risk free bet BONUSMGM
DraftKings Sportsbook Up to $1,000 in deposit bonuses N/A
Fanduel Sportsbook $1,000 Risk Free N/A
William Hill Online Sportsbook $500 riskfree bet BONUSFINDERRF
WynnBet Sportsbook $500 / $1,000 risk free bet (depends on the state) N/A
Unibet Sportsbook 4 x $10 free bet + signup bonus up to $500 N/A
March Madness Betting Sites

PointsBet betting website gives new players two risk free bets that you can use on March Madness as a signup bonus.

Favorites for March Madness


The top seeds for this year’s tournament have not yet decided.

The bracket has now started, and we already know that the top seeds for the tournament. The top four seeds and their odds of winning the title are 1. Gonzaga (+255) 2. Baylor (+275) 3. Michigan (+450) and 4. Illinois (+900), The odds are courtesy of DraftKings Sportsbook

March Madness Bracket

Selection Sunday is now done, and the official bracket can be viewed at the NCAA website. As expected, Gonzaga, Baylor, Michigan, and Illinois are the number one seeds. There were hardly any surprises as NET, the NCAA’s evaluation tool, was chugging away.

Betting on March Madness in Your State

You can now legally bet on the NCAA Tournament online in 10 different states. New Jersey, Illinois, Indiana, Colorado, Pennsylvania, West Virginia, Michigan, Virginia, Iowa, and Tennessee have all joined the legal betting club. We’ll break down the details for betting in your state below.

March Madness Betting in New Jersey

NJ Sports Betting for betting on college basketball.

Although betting on college basketball teams in NJ, like the Rutgers is not allowed in New Jersey, you can still bet on the first four or the final four. There are almost 20 Online sportsbooks in NJ, which means you can find the best odds for any given event. If you live in NJ, you can line shop and get bonuses from several different sportsbooks, like Caesars Online Casino NJ & Gambling Site.

March Madness Betting in Pennsylvania

PA online betting sites for March Madness.

Along with NJ, PA sports betting is one of the best places to bet on March Madness. College basketball fans can enjoy sportsbooks like Barstool Sportsbook and established betting sites like BetMGM. The best college basketball betting site in the state is Barstool, with their promotional offers that can spice up every NCAA basketball game.

March Madness Betting in Colorado

Colorado Sportsbooks for the NCAA tournament.

Colorado has a great selection of online sportsbooks for betting on NCAA college basketball games. Their two division I teams could still make the bracket, and there are no laws prohibiting NCAA wagers in their online sports betting market. In addition to the traditional sportsbooks, bettors in Colorado can enjoy the huge 200% bonus up to $500 bet credits from Even better, PointsBet betting site gives players up to $2,000 in bonuses.

March Madness Betting in Michigan

Michigan Sportsbooks for college basketball.

Michigan just launched online gambling and betting on sporting events in time for the Super Bowl. Now bettors in the state can enjoy exciting new online sportsbooks such as Barstool Online Sportsbook and WynnBet Michigan with a $1,000 bonus. Top March Madness betting sites give you up to $1,000 in extra money. Michigan University team is also one of the favorites to win the tournament or at least the bracket pool with +700 odds of them winning the championship game.

March Madness Betting in Indiana

Indiana Sportsbooks for March Madness

This years NCAA Mens Division I Basketball Tournament, March Madness, will take place in Indianapolis, Indiana, with everything from first four to the Championship Game being contested in the state. Players in the state can get up t0 $2,000 extra money from Pointsbet, the best March Madness betting site in the state. There are also a variety of other sportsbook bonuses, like William Hill $500 sportsbook bonus.

March Madness Betting in Illinois

Illinois Online Betting Apps for March Madness

Illinois is the fourth seed and a +1700 underdog to win the national championship, but the top March Madness betting sites in the state still give out huge bonuses for the NCAA tournament. In Illinois you can bet on March Madness with odds from betting sites like BetMGM and DraftKings.

March Madness Betting in Tennessee

TN betting apps for college basketball betting.

Tennessee might not be a favorite for college basketball betting, but the recently legalized state still has several college basketball betting opportunities for bettors. If you want to support your local team, the local sportsbook, Action247 is sure to bring you the best odds and promotions for betting on the Volunteer’s. If you are just interested in NCAA basketball without choosing sides, choose BetMGM betting website.

March Madness Betting in Iowa

Iowa online betting for college basketball

Iowa is +1300 underdog for the title, but college basketball betting sites in IA still give out massive opportunities for getting some extra money. From local operations like Elite Sportsbook and Q casino, to $1,000 in bonus money from the likes of DraftKings, March Madness betting is going to be big in Iowa.

March Madness Betting in Virginia

Virgina Sportsbooks for the NCAA Tournament

Virginia is the latest state in America to go live with a sports betting market. It is also host to one of the teams with a potential of making the final four (with +2500 odds though). As VA is a new sports betting industry, opportunities for March Madness betting are limited. However, DraftKings and Fanduel both offer $1,000 sign up bonus money for bettors in the state.

College Basketball Betting in West Virginia

West Virginia Sports Betting Apps for March Madness.

WV is not a big state, and the odds of their team winning the title are quite slim. However, each betting site in WV offers March Madness betting. You can get a great real money bonus from the likes of DraftKings Online Sportsbook or BetMGM in the state.

Ongoing March Madness Betting Promotions at US Sportsbooks

Pointsbet has made slam dunk on March Madness 2021 with two exciting promotions. Other sportsbooks have joined in on the fun as well.

$2 Million Bracket Contest (BetMGM)

A perfect bracket at BetMGM will get you $2,000,000. If there is no perfect bracket, the best bracket will win $100,000.

Hard Rock $1,000,000 Bracket

Hard Rock Sportsbook will reward the perfect bracket with a grand prize of 1 million dollars. If no perfect bracket is found, the winner will receive $1,000 in Sportsbook Cash.

Pointsbet 1 Point Promo

If you bet $20 on the Spread or Moneyline of any NCAA March Madness Game, you get $150 if a point is scored.. This ridiculous offer is only available through BonusFinder US

Let it Rip (Pointsbet)

The name of the promotion honors the 1999 NCAA National Champion Rip Hamilton. You can receive up to $1,999 in free bets when you bet through Round 2 of the March Madness tournament. The details are provided in the table below.

Pointsbet March Madness

Let it RIP gives you up to $2,000 in free bets.

Minor Promotions

  1. Unibet Tournament Futures: Get a $25 free bet for the March Madness when you place at least a $50 NCAA futures bet.
  2. William Hill Refund: Get a 50% refund on your tournament winner future, if the team makes the final four.
  3. 75+ Point Insurance (DraftKings): You’ll get your money back if your team loses, but scores more than 75 points.
  4. Myster Madness (BetRivers): BetRivers has a changing promo for every game day of the tournament

Online March Madness Betting & NCAA Championship Odds

NCAA Betting

You can place your bets on anything ranging from prop bets to point spreads.

Best sports betting apps provide players with several opportunities for betting on the NCAA tournament. Although futures on the winner of the March Madness bracket are naturally the most popular, you can also wager on the outcomes of individual games. In addition to moneyline bets, sports betting apps offer individual bets on all the games in the tournament. By combining different online sports bet types from various sites, you can find the best odds.

  • Point Spreads
  • Over / Under bets (totals bets)
  • Teams Futures
  • Teams Props
  • March Madness Live Betting

Note that most states prohibit player prop bets and plyer futures for NCAA Tournament games and college sports like college football in general. Futures bet is still availeble for teams though.

College Basketball Bets

The free to play bracket contest for cash prizes or daily fantasy sports are fun ways to participate, but there are also several fun real money wager types for the casual sports bettor. You can take part in the basketball action with wager options like the number of free throws, most outstanding player etc.

Odds to Make NCAA Tournament

One of the most interesting betting prospect before the tournament starts is to bet on the teams to make the tournament. Because only 33 teams are selected outright, there is a huge betting market for betting which teams will actually make the March Madness Bracket.

Historical March Madness Odds

Checking out teams historical performance is one of the best ways to build your bracket or real money bets. For example, you can check out sources that provide you with March Madness over/under history to get most out of the NCAA Championship betting odds.

March Madness Timeline

The March Madness will be held between March 14th and April 5th in Indianapolis, Indiana. The tournament consists of several stages. Each level means that a certain number of teams will be eliminated from the tournament. Therefore, each level has less games than the level before. You can find more information on exact dates, times and live streaming from March Madness Schedule

Selection Sunday

March 14th

It all starts on Sunday March 14th, when the selection committee announces each team that will be featured in the 2021 March Madness Tournament and places them into the bracket. 32 conference tournament winners will be featured automatically, with the committee selecting the last 36.

First Four

Thursday, March 18th

First four is not yet a full round. Instead it’s a play-in round where the lowest seed teams will play each other to determine who gains entry into the final bracket of 64 teams. All the games will played on Thursday, March 8th.

First Round & Second Round

March 19th – March 22nd

The playoff rounds start with high seeds playing against an unranked team. Expert picks suggest that a lot of money can be made on spread bets, when a stronger team takes on a weaker team. The bulk of the tournament’s games takes place on the first two rounds.

Sweet 16

March 27th – March 29th

The Sweet 16 is the regional semifinal round of the tournament. Only 8 games are played and each winning team will enter the Elite 8. From a bettors perspective, these games start to be much more competitive and bets should be adjusted accordingly.

Elite 8

March 29th & 30th

Only 8 teams remain to compete for the coveted national title. To get through this stage, each team needs to be on their A-game. Many March Madness online betting sites offer promotions on the Elite 8 games, so you should check the offerings from multiple sites when the tournament proceeds to this phase.

Final Four

April 3rd

NCAA College Basketball

Baylor Bears are the favorites to go all the way in 2021.

The last four teams in the tournament bang it out on April 3rd. Betting Tip: almost every betting site features futures bets on what team will reach the Final Four, so you should definitely check out the March Madness odds from multiple sites if you want to bet on your favorite team to reach this stage.

The NCAA Championship Game

April 5th

It all comes down to this title game. Each March Madness online betting site will surely feature promotions for the final game, but if you want to bet on the results of the national championship alone, you should do some line shopping to find the best odds.

Claiming Your College Baskbetball Betting Bonus and Promotions

There are several things you need to take into account when claiming your bonus money for March Madness. Different T&Cs apply to different bonuses. For example, some bonus money requires a min deposit amount, and some bonus offers restrict the odds, bets or games you can bet on. Therefore, make sure to read the T&C section carefully.

Payment Methods

Before you can wager on a game or claim your bonus, you must make a qualifying deposit. Your ability to deposit and withdraw money will depend on your state, and you should always read the T&C section to ensure that your chosen payment method is eligible for the bonus you want. Deposits with usual methods like Credit Cards and Debit Cards or PayPal are always fine, but with other e-wallets, you need to be careful.

Banking Method Deposits Withdrawals Withdrawal Time
Credit Card / Debit Card Yes No N/A
Cash at the Casino Cage Yes Yes 1 - 4 hours
Prepaid Card Yes Yes 2 - 6 hours
PayPal Yes Yes 2 - 3 days
ACH/E-checks Yes Yes 3 - 5 days
Bank Transfer Yes No N/A
PayNearMe by 7-Eleven Yes No N/A
NCAA Basketball Betting

WynnBet Sports Betting App can be used for March Madness in MI & NJ.

Creating an Account

Before you can add games to your bet slip, you need to create a new betting account. If you are only accustomed to betting on March Madness in office pools or bracket competitions, gambling sites registration forms might seem intrusive. However, they are required to ask for things like your social security number to ensure that you are of the legal gambling age.

Rollover Requirement

Bonus money usually comes with wagering requirements. Also called rollover or playthrough requirements, they mean that you need to wager through your bonus a set number of times before you can withdraw it. Fortunately for bettors, most sportsbook operators have wagering requirements ranging from 1 to 5x.

March Madness Promo Codes

In order to claim the sign up bonus at a sportsbook, you many need to use a code when creating a new account. Just insert the promo code into a designated field when claiming your bonus, and you’ll receive your extra cash. You can check the bonus codes for each online sportsbook from the state specific site.

March Madness Betting FAQ

▶️ Can you bet on March Madness?

Yes. Top college basketball betting apps in 10 legal states offer betting opportunities on all 68 teams in the tournament. Betting on the NCAA tournament is legal online and on mobile device in NJ, PA, IL, IN, CO, IA, WV, VA, MI, and TN

▶️ What teams qualify for March Madness?

Thirty-two (32) teams gain entry to the field through winning their conference tournaments. The remaining teams rely on the selection committee to award them a bid in the NCAA tournament. The selection process primarily takes place on Selection Sunday and the days leading up to it.

▶️ Will March Madness happen in 2021?

The NCAA has announced that the entire 2021 men's tournament will be played in Indiana. Selection Sunday is scheduled for March 14, with the Final Four scheduled for April 3 and 5

▶️ What are the NCAA Championship odds?

Early betting future odds suggest that the favorites to win the March Madness are Gonzaga (+300), Baylor (+300) and Michigan (+700).

▶️ Can I use my bonus on other sports?

Yes, of course. If you claim a sign up bonus at a college basketball betting site, you can still use it for NFL betting or NBA betting as well. If you are adventurous, you can even try the English Premier League or Champions League.

However, do note that there are time limits for using the bonus, so you might not have time to wait for the World Series or the Stanley Cup.

▶️ Where will March Madness be played?

The matches will take place in various arenas around Indianapolis: Mackey Arena in West Lafayette, Simon Skjodt Assembly Hall, Bankers Life Fieldhouse, Hinkle Fieldhouse, Indiana Farmers Coliseum, Lucas Oil Stadium.