March Madness Prop Bets

Written by: Joseph Falchetti, Editor-in-Chief, Pro Sports Bettor and Casino Expert
Last updated:
6 minute read
March Madness Prop Bets

Betting on March Madness prop bets is the best way to enjoy the NCAA Basketball Tournament!

Prop bets are wagers that are not related to the final outcome of a game. Instead, they are related to a player, team, or specific event.

If you do your homework, March Madness proposition betting can give you a much larger edge than other markets. Also, they are way easier to analyze, even by new bettors.

Read on to learn more about this type of wager and how to maximize your edge while betting online.

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Most Popular March Madness Prop Bets

March Madness proposition bets work exactly as traditional proposition bets. They are mostly centered around teams and players.

For instance, you could bet on the first team to score ten points or the number of points a player might score in a particular game.

Most props are not similar to outright bets, but instead, over/under or in a totals type format. They usually include a half-point or hook, which means they can’t push.

Let’s look at an NCAA Tournament prop as an example using American or moneyline odds:

Will A #1 Seed Win The Tournament?

BetOdds
Yes-125
No+105

In this prop, gamblers can wager on if a No. 1 seed will win the tournament or not. This bet is a common one offered by many March Madness betting sites.

The betting market has two possible outcomes, so pushes are not possible.

If we want to bet on a No. 1 seed winning, we need to risk $125 to win $100. If a #1 seed wins the tournament, our wager will be graded as a winner.

Our $125 stake and $100 in winnings will be returned to us for a total of $225.

If we don’t think a No. 1 seed will win the tournament, we can place that bet at +105 odds. In this case, our $100 stake would bring us back $105, due to the plus moneyline odds.

If a No. 1 does not win, then we would win our bet and receive $205 in return.

Understanding the main concept, let’s move on and check the most popular type of prop bets available.

March Madness Player Props

These are the most common prop bet you will see at online betting sites. They’re also the best if you want to gain the largest edge on the sportsbooks during March Madness.

The most common player prop is usually on the number of points a player might score, but there are lots of others, such as rebounds, assists, points + rebounds, assists + rebounds, and so on.

Player Prop Bet Example

Prop BetOdds
Chet Holmgren 23.5 Over-115
Chet Holmgren 23.5 Under-115

In this player prop, we are betting on the number of points Chet Holmgren will score in the game. Bettors can wager over or under on the number.

  • If they place a wager on the over, Holmgren must score 24 points or more for the bet to be a winner.
  • If they place a bet on the under, he must score 23 points or less for the wager to be graded as a win.

March Madness Team Props

Instead of a player focus, team props will focus on a team’s performance during the game.

You could have stuff like “Which team will score first?” or “Which team will score 10 points first?”. There are several variations of these at most betting sites.

College basketball team totals are also available for every game of the NCAA tournament and they fall under the prop category.

NCAAB Tournament Live Betting Props

March Madness live betting is genuinely one of the best ways to enjoy the tournament.

All of these props and more options will be also available when it comes to live betting markets.

Not only will you have access to sides, totals, and moneylines, but an increasing number of proposition bets. We recommend taking advantage of this variety during the Big Dance.

Top Sportsbooks For March Madness Prop Betting 2024

Ready to bet on March Madness propositions online? Check out our top recommended sportsbooks and join in the fun.

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March Madness Prop Betting Strategy

March Madness Props Betting Strategy

Aside from increasing your knowledge of the game and staying on top of the news, there are a few strategies you can take implement that will maximize your winning March Madness propositions.

These strategies are a must if you want to gain an edge during the tournament.

Betting Strat #1Don’t Forget To Line Shop

Line shopping is vitally essential to success at all forms of sports betting, not just March Madness prop betting. However, it has a lot more value when betting sides.

There will be far more differences in odds than there will be in larger markets, like sides and totals. It is an absolute must to line shop when wagering on player sides.

Betting Strat #2Use Multiple Betting Sites

This strategy ties into the previous and our next piece of advice.

Using multiple sportsbooks will allow you to line shop more effectively and be able to bet more money on props where you find a more considerable edge.

Betting Strat #3Maximize Your Bonus Offers

Lots of sportsbooks will offer college basketball betting bonuses during March Madness, and it’s not even necessary to be new at online betting.

You can easily clear thousands in deposit bonuses by signing up for the first deposit bonus at multiple betting sites. This will be a huge help to your bankroll.

How To Get Better At Betting March Madness Props

There are a few ways to maximize your ability to win at March Madness props.

This type of bet is more about individual matchups than team versus team. They’re also a lot softer compared to broader markets, such as sides and totals.

If you can dedicate yourself to understanding the basics and putting in the work, then profitability with March Madness props is easily possible.

Here are some pointers to improve your prop betting game.

Monitor Injuries And Player/ Team Statistics

You don’t have to be a college basketball expert, but learning as much about the teams and players in the tournament will help.

Monitoring injury situations is definitely useful. Unlike in professional basketball, oddsmakers may be a bit slower to update when it comes to late-breaking news.

Regardless, knowing the teams and players is the best way to break down individual matchups, which is exactly how you win at player props.

Bet As Much As You Can

Prop betting is a recreational market, but one that sportsbooks will still watch closely for sharps that are taking advantage of soft odds. You may be limited to even betting $100 on these bets.

It is best to maximize your opportunity here and bet the maximum that your bankroll allows.

You may get limited on prop bets anyway, so it’s better to get the most of the betting site before that happens.

Follow March Madness Writers On Twitter

College basketball has groups of dedicated beat writers that follow these teams far closer than anyone.

If you’re already betting on college basketball, this is a must, but once the tournament begins, there are a lot more follows to add.

This will make adapting to late-breaking news before the oddsmakers much easier, which can be extremely valuable in prop markets.

March Madness Props Pool Betting

If you are still hungry for betting on the Big Dance, we recommend creating a pool of friends and placing prop bets amongst each other.

We have created a free downloadable prop bet sheet for you to print out and have a blast with your friends.

The rules are simple. Whoever gets the highest number of correct answers wins the pool.

March Madness Props FAQ

Can you bet on March Madness propositions?

Yes, you can! Betting on March Madness props is very popular among college basketball bettors, especially during the tournament. Make sure to follow the tips on this guide to have the best experience possible.

Where can I bet on March Madness props?

Many sportsbooks will offer prop bets for the NCAA Tournament. However, we recommend choosing one of our trusted March Madness betting sites to stay safe and take advantage of the best promos and bonuses.

How do I make a prop bet on March Madness?

To place a prop bet, sign up to a trusted sportsbook, make your first deposit, find the March Madness section and select the wager you like. Clicking on the betting odds will start the whole process.

Do March Madness prop bets push?

They can, but it is rare. They usually involve a half-point or a “hook” in betting jargon, making pushes not possible. However, they can still occur in some cases.

Don’t Miss Our Complete Guide On March Madness Betting

About the Author

Joseph Falchetti

Joseph Falchetti

Editor-in-Chief, Pro Sports Bettor and Casino Expert

Joe is the author of the majority of sports betting pages on SBS and he serves as a gambling consultant to our content team. He's been mentioned on Forbes.com as a gaming analyst, and his articles have been linked by larger publications, such as the New York Times.

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