The NCAA Men’s Basketball Tournament is one of the most exciting sporting events each year. Commonly referred to as March Madness, the tournament pits teams from across the country in a winner-take-all tournament that ultimately determines the national champion. Along with March Madness comes betting odds.
This year’s tournament is sure to be even more exciting with the expanded legalization of sports betting in the US, and while mobile sportsbooks are not yet legal in Ohio, bettors in the Buckeye State still have options when it comes to betting on March Madness via a variety of sportsbooks.
Current March Madness Betting Odds In Ohio
The regular college basketball season has just a few weeks remaining before conference tournaments begin, and Selection Sunday is slated for March 13. That evening, the full field of 68 tournament teams will be revealed. While the tournament is still a few weeks away, it’s never too early to take a look at the March Madness betting odds. Here are the top four teams with the best odds to win the NCAA Basketball Championship according to DraftKings:
The Gonzaga Bulldogs made it all the way to the championship game in last year’s tournament before falling to Baylor. The Bulldogs have come back in the 2021-22 season with a vengeance. They are led by a pair of big men, as Drew Timme and Chet Holmgren are matchup nightmares for most teams down low.
Bruce Pearl has the Auburn Tigers on the right track. Currently the No. 1 team in the country, Auburn holds a record of 22-1, and their lone loss came all the way back in November against the University of Connecticut in double overtime. The Tigers have a well-rounded scoring attack that is led by Jabari Smith and his 15.3 points per game. In total, Auburn has four players averaging more than 10 points per game.
The Duke Blue Devils have a strong chance at the title in Mike Krzyzewski’s last season on the bench in Durham, North Carolina. Coach K has been the head coach at Duke since 1980, and he has led the Blue Devils to 12 Final Four appearances and five national titles.
The Purdue offense has been on another planet this season. Per KenPom.com, the Boilermakers are the top-ranked team in adjusted offensive efficiency. They put up a ton of points, and they are very tough to slow down. Can the Boilermakers ride their elite scoring all the way to a national championship?
While these are the top four teams in the country right now, March Madness is notorious for producing long shots and underdogs that go far in the tournament. That’s what makes it so great. Here are some other NCAA March Madness futures odds to keep an eye on over the next few weeks:
Ohio Sportsbooks With The Best NCAA Bracket Odds
Sports betting is now legal in over two dozen states. Some states only offer retail betting, while others offer both retail and mobile sports betting. When it comes to NCAA March Madness odds, most notable sportsbooks, such as include DraftKings, BetMGM, Caesars, BetRivers, and FanDuel have odds available on their platforms.
|Sportsbook||Why We Like It||Bonus Offers Available In Most States|
|DraftKings Sportsbook Ohio||Best Overall App||$50 free bet + 20% deposit match up to $1,000|
|FanDuel Sportsbook Ohio||Best For Ease of Betting||$1,000 risk-free bet|
|BetRivers Sportsbook Ohio||Best For New Bettors||100% deposit match up to $250|
|BetMGM||Best For Big Bets||$1,000 risk-free bet|
|Caesars Sportsbook Ohio||Best For Loyalty Program||Deposit match up to $1,500 with min. $50 deposit|
Overall, there are many sports betting platforms for bettors to consider using when betting on NCAA March Madness. We recommend downloading multiple platforms in order to see which ones you like best. Each sportsbook has a different app, and some users have specific features they prefer over others.
In addition, the odds and lines can vary across sportsbooks. When looking at March Madness projections, it’s important to shop around for the best number. For example, consider a game in which Ohio State is playing against Duke and the Buckeyes are +120 on the moneyline on DraftKings. This means that a $100 wager would win $120 if Ohio State wins the game. FanDuel could offer the same exact bet but only at a better price. FanDuel could list Ohio State at +130 on the moneyline, meaning a $100 bet would win $130 if the Buckeyes are victorious.
In addition to moneyline price differences, point spreads can vary across sportsbooks as well. Ohio State could be +4.5 against Duke on DraftKings, but +5 on FanDuel. Sometimes that half a point can be huge. All in all, many platforms out there have March Madness projections. When choosing a sportsbook to bet on March Madness, make sure the platform has competitive odds, and don’t forget to look at multiple sportsbooks for the best price.
How To Bet On March Madness In Ohio
Sports betting is not yet legal in Ohio. However, the industry got a major boost last year when lawmakers approved House Bill 29. It passed via a 31-1 vote in the state Senate and then by a 72-12 vote in the state House. Last December, Gov. Mike DeWine signed the bill into law, thus paving the way for the regulatory process to begin. The process is likely to take some time, and it seems likely that sports betting will not be rolled out in Ohio until late 2022 at the earliest. According to the bill, the industry must launch by Jan. 1, 2023.
Ohio bettors can still view March Madness point spreads and NCAA bracket odds, but they are not able to place actual wagers. The good news is that four of Ohio’s five surrounding states have legalized mobile sports betting: Indiana, Michigan, Pennsylvania, and West Virginia. This means that Ohio residents can drive to one of these states in order to bet on March Madness from their mobile devices until the industry is available in their state.
NCAA Final Four Odds In Ohio
Odds for the Final Four matchups will not be available until the matchups are known. However, they are typically set in advance and are often available shortly after the Elite 8 games are over. Bets for Final Four games include the common moneyline, spread, and game total bets. There are also player props, team props, game props, and parlays. All in all, bettors have plenty of wagers to choose from.
Perhaps the most common wager is betting the spread. Spread bets represent the total number of points that one team is favored over the other. For example, consider last year’s Final Four game between UCLA and Gonzaga. Gonzaga was listed as 14-point favorites (-14) at -110 odds. While they ultimately won the game by a score of 93-90 in overtime, they did not cover the 14-point spread. That meant that bettors with UCLA +14 tickets were winners, despite the Bruins losing the game.
What Affects March Madness Predictions And Odds
Overall, college basketball odds and NCAA game lines are made days in advance of the game taking place. Professional oddsmakers use a number of different algorithms and formulas to determine March Madness odds. While exact Final Four matchups are not yet set, the Final Four futures market is available on most notable sportsbooks. These odds fluctuate as the season goes on based on each team’s performance. The futures odds will continue to shift once the tournament begins.
March Madness Final Four odds are determined based on a number of factors. These can include matchups, trends for each team, injuries, coaches, etc. These can also fluctuate from the time they are initially posted, so be sure to keep an eye on the odds once they are released.
Restrictions On College Betting Online In Ohio
While most states and sportsbooks have wide-ranging betting markets for March Madness, there are some restrictions. For example, some states like Illinois and New Jersey do not allow betting on in-state college teams. This means bettors in Illinois cannot bet on a game involving the Illinois Fighting Illini, and bettors in New Jersey cannot bet on a game involving the Rutgers Scarlet Knights. It remains to be seen whether betting on college teams in Ohio will be allowed.
March Madness Odds FAQs
Yes, but not in Ohio. Mobile sportsbooks are available in over a dozen states across the country. Unfortunately, the industry is not yet legal in Ohio, but hopes are that Ohio residents can bet from their phones later this year.
Professional oddsmakers use a number of different algorithms and formulas to determine March Madness odds. The odds and lines can vary across sportsbooks, so consider looking at multiple platforms before placing your March Madness wagers in order to ensure you are getting the best price available.
With a 68-team winner-take-all tournament bracket, the odds of accurately predicting a perfect March Madness bracket is 1 in 9,223,372,036,854,775,808. So yes, it is technically possible.
Yes. Live and in-game betting is available for all NCAA March Madness games, including the Final Four. There can be some differences in live betting odds, so be sure to shop around at various sportsbooks.
Yes. March Madness is one of the most-bet events every year, and DraftKings is one of the many sportsbooks that offer March Madness odds.