Second in betting popularity only to the Super Bowl, the March Madness Tournament is one of the most exciting sports events to ever be created. Bettors from a plethora of other sports, similar to the Super Bowl, actually take a break from their niches to get involved in office and friends pools for the legendary tournament. For the sports betting fan new to March Madness, here are a few tips on how to bet on the tournament.

Sides

During the early rounds of the tournament, the majority of wagers go in the direction of the favorite. Over the last few years, the favorite has won the majority of games at an astounding 56.3 percentage. What’s more, in the last three years, bettors that pick teams ranked in the top four, which are favored by 10 or more points against their opponents, win at an incredible 60 percent.

Throughout the tournament’s history, the number one seed is undefeated against the 16 seed. Yet, one should keep in mind, that betting underdogs at least on the point spread can have its advantages. For instance, in that same three year survey noted above, the number one seed is only seven and four against the spread of 20 or more points when facing a 16 seed.

As well, taking the underdog in a low spread game can be beneficial too. For example, favorites have a losing record when it comes to games with a spread of two and a half points or less.

Totals

In keeping with the three year study from above, we discovered that 103 games have gone over the total while 86 went under. Moreover, in games where the total is listed at fewer than 125, the games have gone over at almost 58 percent of the time.

This entry was posted on Friday, September 3rd, 2010 at 3:34 am and is filed under Betting News |. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.