10 March Madness Betting Rules Online Bookies Need to Know

Written by:
Matt Skinner
Published on:
10 March Madness Betting Rules Online Bookies Need to Know

If you’re going to make a huge profit off March Madness as an Online Bookie, you need to become an expert bettor yourself.

Whether you’re new to the game or a seasoned professional, these are the 10 betting rules specific to the tournament that every online bookie needs to know:

  1. Track Conference Tournaments.
    • The strongest and healthiest teams coming in and out of the tournaments will define more clearly who to bet on.
  2. Don't Get Hooked on the seeded team lines.
    • Sportsbooks  always inflate the spread on teams like Kentucky, Duke and North Carolina.
  3. Who’s Hot - Who’s Not
    • Play teams entering March Madness on big ATS winning streaks and mid-high ranked teams that got hot in their conference tournaments.
    • Beware of teams that come out of nowhere to win their conference tournament; these are typical one hit wonders who know they probably will not make it into March Madness and go all out on the Conference.

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  1. Stats can be deceiving.
    • Take the stats that can prove effectiveness and endurance, check the injuries, check if a team depends on one or two players, but keep in mind that for March Madness guts, momentum and vision might prevail over any other stat available.
  2. Underdogs
    • Underdogs fall in two different categories and you must distinguish well among those two. There are the “Never, no way, can’t understand what happened” underdog upsets, and those where a less strong team (odds wise) comes out and beats the favorite. Stay away from the first type of teams or your bankroll will suffer.
  3. Beware Of Reverse Line Movements
    • Things could change in real quick, so always keep an eye on the lines.
  4. Don't Be Afraid Of Favorites
    • Everyone loves underdogs (do refer to rule #5),  and of course sportsbooks are giving them less points recently, shifting the value to some favorites.
  5. Don't ignore the smaller tournaments.
    • Betting on these tournaments is fun, but do not get carried away, bet smart, and manage your money.
    • Bet against teams that were left out of March Madness in the NIT, CBI and CIT.
    • Bet on teams with lots of seniors.
  6. Do NOT double down if you lose.
    • If you hit a cold streak take a few days off. There are games every day and plenty of action throughout March Madness.
    • You want to win, even if it is a small amount in every game. In the end that will add up to your bankroll. Keep it smart
  7. Don't bet above your means just because it is March Madness.
    • Maintain your money management at all times!

Now that you’ve reviewed the basics, dive into March Madness with this Bookie Blueprint that will help you to promote your pay per head business and grow it during the season.

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