Legal March Madness Betting For 2017

USA Friendly Basketball FlagNo two words evoke emotion among basketball betters more than "March Madness." Utter these words, and some gamblers may start salivating. But what is so special about March Madness that it not only stirs so much emotion but also drives the exchange of so much money? Let's have a look at what March Madness is, different strategies for betting on the tournament, and even a look at why so many people love it. First we will discuss the legalities surrounding March Madness betting and college basketball betting in general. This part of the betting equation can be confusing, so we've delivered the information in an easy to digest and understand format that really eliminates a lot of the complexity regarding the legal status of the US gambling landscape.

Is it legal to bet on the March Madness college basketball tournament in the US?

The answer to this question is both yes and no. It really boils down to the location of the sportsbook destination at which you want to participate. There are two federal laws that govern sports betting in the United States: the Professional and Amateur Sports Protection Act (PASPA) and the Federal Wire Act. These two laws combined prohibit USA based online and offline sports betting, with the exception of four specific regions that were exempted from the PASPA law when it was enacted. Those 4 states are Delaware, Montana, Nevada and Oregon. Of those four, only Nevada and Delaware offer their residents and visitors any type of sports betting, and Nevada is the only big player in the scene. Betting options are extremely limited in Delaware.

While these two gambling laws do effectively restrict US based sports betting, they do not have any impact on legally sanctioned offshore sports betting. These federal laws do not prohibit US residents from placing bets on the March Madness basketball tournament through online sportsbooks that are legally licensed, regulated, and located outside of the United States. The kicker here is to be sure you restrict your betting action to only those destinations that are verified to indeed posses legitimately licensing and certifications. Should you participate in any type of unlicensed sportsbook gambling, you may be in direct violation of state and federal laws. The sportsbooks that we recommend are all vetted by professionals and are guaranteed to offer licensed betting services.

While you may have heard that the UIGEA makes it illegal for US residents to participate in online gambling, I can assure you that this is not the case. In fact, the UIGEA bill does not even address player participation. The law is directed at online gambling site operators and payment processors. The law simply places regulatory oversight regarding how gambling related transactions can be processed in the US. You will never hear about a player who was investigated on charges of violating the UIGEA, because the law deals with industry professionals, not those who participate in their services.

Take for example the 2011 Poker Black Friday events. No players were investigated or permanently deprived of the funds associated with their account. Some players did experience delays in gaining access to their funds when the business assets were frozen, however this was a temporary situation that was resolved.

Legal March Madness Betting Sites

As mentioned several places on this page, it is imperative that you restrict your betting activities to only legitimate sportsbooks that are verified to be operating legitimately within the industry, such as the sportsbook brands you see recommended in this guide. Our team has carefully reviewed and evaluated every element of these sportsbooks and their operation. We not only verify their credentials, but we take a close and thorough look at their security profile, the quality of their betting lines, paylines, banking suite, customer support, user interface, and many more components to their business.

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Top Online Sportsbooks
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Best Strategy for Betting on the March Madness NCAAB Tournament

Many people have strategies for betting on their basketball brackets when March Madness rolls around, but let's be honest here: Few of them are actually lucrative. By and large, most strategies are just wives tales or some variation of a numbers scheme created by people who aren't exactly mathematicians. This leads to a lot of money lost. Do we have more solid strategies for you to use? Yes and no. First, don't take these as gospel. There is no way to be mathematically sound for a sure bet. It's just impossible. However, there are different ways to limit your risks and to increase your odds of success. Those are the methods we'll be touching on below.

The particular strategy is one we'll refer to as a thinned field. When the tournament first starts up in March Madness, you have 68 separate teams. Attempting to bet on this opening round will be incredibly difficult, as you can be sure of many upsets and a whole lot of things being shaken up. The next round, which consists of 34 teams, is easier to grasp, but still a minefield of upsets and heart-breaks. The most sound strategy is to wait until the Sweet Sixteen to begin your betting. Once the field has been set with teams that have already won two games, you start to get a solid feel for what teams can do. You have more stats to go by. You can see if the team you like has been playing well; you can check their team stats for offensive and defensive output, and you can juxtapose them against their opponent for a measured decision. This also gets you past the curse of the high seed. For instance, you may no longer be tempted to take a #1 just because it's a #1. You may run into a 1 vs. 4, with the 4 actually looking more favorable.

By waiting until the round of 16 to study and bet, not only do you have a broader body of work to look at for your decision, but you also have less general chaos. Things have settled down and you can simply judge teams based on merit and not only on seeding and knockout potential.

How March Madness 2017 Is Expected To Play Out From Our Point Of View

The time is finally here. The most exciting tournament in college basketball is set to kick off on Tuesday, March 14, with the First Four. For fans, March Madness is a roller coaster of highlights, upsets and emotions. For interested bettors, there are a number of legally licensed offshore sportsbooks that provide a wide range of betting lines and wagering types throughout the tournament.

Dayton, Ohio, plays home to the first set of games. New Orleans v. Mt. St. Mary’s and N.C. Central v. UC Davis start things off at 6:40 p.m. ET. At 9:10 p.m. ET, Wake Forest takes on Kansas State and Providence battles USC. The pair of later games determine who moves on to the round of 64 as the No. 11 seeds. The other four teams are playing as No. 16 seeds. The Round of 64 kicks off on Thursday, March 16, with a total of 16 teams playing throughout the day.

From a betting perspective, you can start small and begin placing wagers on individual games—starting with the First Four. If you’re feeling confident, you can also place future bets on which teams you think will win each region and even which team you think will make it to the final four or win the championship title outright. Villanova, Kansas, North Carolina and Gonzaga are all the top-seeded teams in their respective regions and considered favorites to win the title. There are other teams like Duke, Kentucky, UCLA and Arizona who were high in the NCAA rankings throughout the season that could pull off an upset. If history has shown us anything, it’s that this tournament is unpredictable. Top-seeded teams can be knocked out in the Round of 64 if they don’t play up to par. After all, each team is vying for a shot at the title. There are other wagering types available, such as prop bets on certain teams to advance to later rounds (Sweet 16, Elite 8, Final Four, etc.) and even on individual players to win MVP awards.

If you’re making a bracket, keep an eye on key fixtures like Gonzaga v. South Dakota St., Villanova v. the winner of the New Orleans/Mt. St. Mary’s game, North Carolina v. Texas Southern, Kansas vs. the winner of the N.C. Central/UC Davis game, Kentucky v. N. Kentucky and UCLA v. Kent State in the first round. While betting on the top-seeded teams may seem like the best option, upsets are a common phenomenon in this tournament. Historically, top-seeded teams usually advance out of the first round unscathed, but it’s in the Round of 32 where things get interesting.

There’s also the chance for an underdog to advance far past anyone’s predictions. Take Florida Gulf Coast University, for example. In 2013, they entered the tournament as the No. 13 seed and knocked out Georgetown, a No. 2 seed. They ended up going all the way to the Sweet 16 and lost to Florida. Florida Gulf Coast is in the tournament again and is up against Florida State University, which makes for an interesting matchup as the Seminoles have missed out on the tournament since 2012 and will be looking to keep the momentum from their successful regular season going. March Madness is difficult to call. Whether you’re watching for the thrill of it or wagering on your favorite team, this year’s tournament is sure to not disappoint. Most of the seeds are in place, so analytically speaking, those are the teams to watch, but as previous tournaments have shown, it’s anyone’s championship to win.

Why Fans Love March Madness

If you were forced to bottle up reasons for why fans love March Madness, what would you say? The obvious is that it's the year's biggest, fastest tournament. But more than that, it's the type of story America loves. It's like Rocky Balboa every year, when a team that barely limped in makes it to the Elite Eight and threatens to take it all. It never fails; it proves that motivated kids can truly control their fate. The one-off system is also something fans love. While many complain that the NFL's playoff system doesn't provide enough opportunity, since it's a one-off, this is actually an aspect of college ball that we appreciate more than the NBA. Sure, a seven-game series has its high points, but there's something about a one-off that's truly exciting. Anyone can beat anyone, and often we see this happen. It's an opportunity for smaller schools to become bigger names, and we love the total ambiance of the tournament.

Just remember to not allow your love for the tournament to lead to misplaced bets. Always study what you're betting on, and always make informed decisions. Try to wait until at least the Sweet Sixteen before you start gambling real money, and never neglect to look at team stats to get an idea of how teams play against stiff competition.

March Madness Dates And Schedule For 2017

Selection Sunday starts on March 13th, 2017. Final Four starts April 1st and the championship game is played on April 4th for the whole enchilada.

March Madness Resources

Downloadable March Madness Bracket From ESPN - Download your free bracket from ESPN

Official March Madness Site - From news, to tournament updates in real time, the official NCAA March Madness site has you covered.

Follow March Madness On Twitter - Follow march madness on Twitter to stay in the loop on everything.