The competition is held in a mere three weeks and features the youthful teams of 64 different colleges.
It is highly competitive and the best place to watch skilled youth players.
But it is not the only competition that you may take an interest in.
These are regional leagues which feature big college teams but also smaller, and more local, ones.
Types of NCAA Basketball Bets
Now to delve into some of the intriguing betting options.
you might find virtually all the following betting markets in any good sportsbook.
However, most sportsbooks will only offer extensive betting options on the NCAA Division I games.
You may need to find basketball or NCAA-specialised betting sites though.
Futures do not only include outright winner bets either.
To perfect your strategy, flick through ourguide to futures bets.
Moneyline
Moneylines are the most commonly placed bets.
These are simply wagers on which team will win a game.
Picking a winner is not easy though, especially when the two teams are more evenly matched.
check that you read ourguide on moneylinesto learn more about how to use this bet to your advantage.
It also works with betting on favourites, when you want to ramp up the odds.
Point spreads using betting lines, which is the number of points that would level the playing field.
The line will be subtracted from the favourite teams score and added to the underdogs.
This closes the gap between the two teams and makes the game completely balanced.
The odds on either team are generally 1.9 (-110) or thereabouts.
Greater odds come with larger risk, so pick your bets with caution.
Over/Under Totals
Totals are bets on the number of points that will be scored during a game.
Basketball is a high scoring sport, and games can finish with over 200 points.
Or, try betting on how many points will be scored in the second half.
You are only betting on that period in the game.
Prop markets can include totals for free throws, 3-point field goals, fouls and more.
Betting on the winning margin is also an option.
Player Bets
Instead of betting on game or team props, maybe player bets are your thing.
These are bets on the individual performance of a player during a game.
Sometimes, bookmakers will offer bets in which two players are pitched against each other.
Player bets are especially exciting when there are hyped players in a team.
Look out for any player whos just burst onto the scene and is having an outstanding year.
The bookmakers are also following these players, and offering more bets on them.
Parlays
Parlays, also called accumulators, are bets in which numerous selections are merged into one.
Rather than betting on multiple single bets, you could form one big bet, with highly generous odds.
The odds of each single bet are multiplied against each other, making parlay bets very popular.
Live Betting
In-play betting is a highly interactive experience which is massively popular amongst bettors.
Live bets come with live odds, which are updated in real-time.
Some punters need to see some of the action before committing to a bet.
Live betting is also a popular tool for live bettors.
It is not all just placing bets either.
Find out betting in our guide.
Conclusion
The best place to start betting on NCAA basketball is with Division I.
This is the most covered event, and so it will have the most extensive betting markets.
You should also find out which Conference your local college plays for.
Keep your eyes peeled and there are some great betting possibilities ahead.
Especially if you know what to look for and can spot young talent quickly.
This can lead to a lot of winning predictions and you may rack up quite the fortune.
You should always play responsibly though, and never spend more money that you might afford to lose.