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Tips You Should Take in Your 2024 March Madness Betting Strategies

Tips You Should Take in Your 2024 March Madness Betting Strategies

Written by on March 19, 2024

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Tips You Should Take in Your 2024 March Madness Betting Strategies

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We are in the calm before the storm, which is the final few hours before the 2024 version of March Madness gets started with the First Four games. Once those games have been played, we will finally know the full bracket for this year’s tournament. That said, there are already enough matchups in place to start thinking about how you’re going to start wagering on each game. There are going to be some rather obvious wagers that you can make now, but there are others that are sure to be a little more problematic. Should you take a chance on those games or stick with the low hanging fruit? In the end, how you wager is entirely up to you, but the following strategies are something you may want to consider.

 

Choose Your Wagers Wisely

I understand that March Madness is exciting and that having action in every single game can be alluring. The reality, though, is that putting money on every game is potentially the quickest way to drain your bankroll. If you are on the fence about a particular matchup and how it might play out, that might well be a game that you should skip in favor of one where your confidence level is high. Wager wisely and stick to the games where you are confident about the outcome.

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Ignore The Experts

Every pundit and so-called college basketball expert is going to have their opinion on how the bracket will play out. Historically speaking, how many of those experts have delivered a perfect bracket? The short answer is none. Yes, they may have some insight that you might not be aware of, but that is information that you should use in conjunction with your own data as opposed to having it completely change your opinion on the outcome of a game.

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Home Court Advantage Still Exists

This may seem like something of a nonsense statement when you consider that the games are all played at neutral venues, but it is still a thing. You are going to have games where teams who have to travel halfway across the country to get there will be going against teams that simply had to take a short bus ride to get to their destination. While it is certainly not a true home court advantage, it is still something that needs to be factored in when it comes time to start handicapping the games. Just don’t make it your sole reason for playing one team over another.

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Covering The Spread Matters

This is a strategy to keep in mind when you get into the later rounds. The teams that eventually go on to win the National Championship also tend to do well against the spread. Again, this is not the only factor to take into account, as the teams that win also tend to be balanced on both sides of the court. If you look at the period between 2018 and 2021, the three teams that won the National Championship covered the spread in roughly 68% of their games. Be on the lookout for teams that are winning big in games where they are highly favored, while also covering in games projected to be close.

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2024 NCAA tournament schedule

Tuesday, March 19 (First Four in Dayton, Ohio)

Wednesday, March 20 (First Four in Dayton, Ohio)

Thursday, March 21 (Round of 64)

  • (8) Mississippi State vs. (9) Michigan State | 12:15 p.m. | CBS
  • (6) BYU vs. (11) Duquesne | 12:40 p.m. | truTV
  • (3) Creighton vs. (14) Akron | 1:30 p.m. | TNT
  • (2) Arizona vs. (15) Long Beach State | 2 p.m. | TBS
  • (1) North Carolina vs. (16) Howard/(16) Wagner | 2:45 p.m. | CBS
  • (3) Illinois vs. (14) Morehead State | 3:10 p.m. | truTV
  • (6) South Carolina vs. (11) Oregon | 4 p.m. | TNT
  • (7) Dayton vs. (10) Nevada | 4:30 p.m. | TBS
  • (7) Texas vs. (10) Colorado State/(10) Virginia | 6:50 p.m. | TNT
  • (3) Kentucky vs. (14) Oakland | 7:10 p.m. | CBS
  • (5) Gonzaga vs. (12) McNeese | 7:25 p.m. | TBS
  • (2) Iowa State vs. (15) South Dakota State | 7:35 p.m. | truTV
  • (2) Tennessee vs. (15) Saint Peter’s | 9:20 p.m. | TNT
  • (6) Texas Tech vs. (11) NC State | 9:40 p.m. | CBS
  • (4) Kansas vs. (13) Samford | 9:55 p.m. | TBS
  • (7) Washington State vs. (10) Drake | 10:05 p.m. | truTV

Friday, March 22 (Round of 64)

  • (8) Florida Atlantic vs. (9) Northwestern | 12:15 p.m. | CBS
  • (3) Baylor vs. (14) Colgate | 12:40 p.m. | truTV
  • (5) San Diego State vs. (12) UAB | 1:45 p.m. | TNT
  • (2) Marquette vs. (15) Western Kentucky | 2 p.m. | TBS
  • (1) UConn vs. (16) Stetson | 2:45 p.m. | CBS
  • (6) Clemson vs. (11) New Mexico | 3:10 p.m. | truTV
  • (4) Auburn vs. (13) Yale | 4:15 p.m. | TNT
  • (7) Florida vs. (10) Colorado/(10) Boise State | 4:30 p.m. | TBS
  • (8) Nebraska vs. (9) Texas A&M | 6:50 p.m. | TNT
  • (4) Duke vs. (13) Vermont | 7:10 p.m. | CBS
  • (1) Purdue vs. (16) Grambling/Montana State | 7:25 p.m. | TBS
  • (4) Alabama vs. (13) College of Charleston | 7:35 pm. | truTV
  • (1) Houston vs. (16) Longwood | 9:20 p.m. | TNT
  • (5) Wisconsin vs. (12) James Madison | 9:40 p.m. | CBS
  • (8) Utah State vs. (9) TCU | 9:55 p.m. | TBS
  • (5) Saint Mary’s vs. (12) Grand Canyon | 10:05 p.m. | truTV
 

I’ve read enough, now I have to place my bet, what do I do?

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2023 March Madness Betting Strategies
 

We are now just a matter of days away from Selection Sunday and the start of March Madness. For those of you planning on wagering during the tournament, now is the time to start thinking about your overall strategy. The goal is always to come out on top, and knowing which games to bet and which to avoid can help you walk away with a bigger bankroll than what you started with. Here are a few simple tips that might help you achieve that goal in the march madness betting.

 

NCAAB – 7 Must-Have Tips To Mastering March Madness Betting

 

  1. Ignore the Experts

    It’s not a bad idea to look at what the experts are saying about the tournament, but relying solely on their picks is usually a mistake. After all, when was the last time an expert delivered a perfect bracket? They may know more about teams that most of us, but it doesn’t mean that they are always right in their takes.

  2. Coaching Matters

    Yes, having a team loaded with talent certainly helps, but in the college game, coaches stay when players come and go. Getting the most out of the players you have is important, and there are some coaches that are better than others at doing that. It’s not the only factor you should consider when handicapping games, but it’s certainly an important one.

  3. Look For Hot Teams

    Only one team can walk away as the National Champion, but there are several teams who might go in and make some noise in the tournament. Every year, we get a few sleeper teams who emerge to make a run, and those are very often the ones that get on a roll late in the season. This is where you might just identify some potential bracket busters.

  4. Use Your Head, Not Your Heart

    Most of us have a team that we are rooting for heading into the tournament, but you have to take emotion out of the equations and instead only wager on games that you are confident about. Picking a favorite team and hoping for the best is one of the fastest ways to lose money.

  5. Consider Location

    Heading into the tournament, it is the Houston Cougars who are considered the favorite to win it all. If they get to the Final Four, they will essentially be playing at home, which might just give them a huge advantage. This applies throughout the tournament, though. Some teams will have as close to home court advantage as you can get, so look for those matchups along the way.

  6. Don’t Play Every Game

    This is especially true in the early rounds, where the games come thick and fast. You are setting yourself up for failure if you have money on every single game, especially since the odds aren’t always great in the first couple of rounds when you tend to have some serious mismatches. Once we get to the Elite Eight, you might then consider playing every game from that point forward.

  7. Manage Your Bankroll

    Don’t blow your budget on a single game, especially one that you consider to be a “lock.” We have all been wagering long enough to understand that there really is no such thing as a lock. Manage your money and don’t start chasing your losses if you are down in the early going. The tournament is a marathon, not a sprint.

 
 
 
 

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