If a team’s moneyline odds are positive, that tells you it’s the underdog. So, if Villanova is a -250 favorite, a bet of $250 would stand to win $100 plus your bet back. Negative odds indicate how much of a bet would win you $100 plus your bet back. The bigger the number, the more oddsmakers believe that team will win and the lower your potential return on a bet will be. If the moneyline odds number for a team is negative, that tells you the team is the favorite. March Madness game odds tell the likelihood of a team winning and how much you’ll receive for a bet on that team if it wins that game. Read all terms and conditions before placing any initial deposits with a new sportsbook account.

For example, BetRivers offers 100 per cent match bonus up to $250, so you can effectively double your site currency and have $500 to wager with, although half is site credit. Deposit Match Bonus: The sportsbook matches your deposit a percentage of the way in site credit, up to a certain amount.If awarded, the bonus bet is in site credit. For example, BetMGM offers a bonus bet up to $1,000 for your first bet if it loses. Bonus Bet: The sportsbook will reimburse you for a loss on your very first bet after registration, up to a certain amount.These offers could include the following: They might provide you with some good value come tournament time. If you’re going to bet on the NCAA Tournament, it’s a good idea to look for such offers. That could mean a sign-up bonus just for the NCAA Tournament, a reload bonus, odds boosts for big games, and enhanced odds for certain teams. March Madness is such a huge betting event that a lot of high-value NJ sportsbook promos will be rolled out across multiple betting sites. Here’s a list of important dates for the 2024 NCAA Tournament: Bet on March Madness 2024 with a regulated betting site.

How to bet on basketball games online