March Madness has been a staple in the minds of sports lovers for decades. It’s the time of the year when some of the best teams in college basketball come together to win the coveted National Championship. But some people who are into gambling may wonder if it’s popular to gamble during March Madness and how available it is on general gambling apps. Below, we will look at the state of gambling during March Madness.

What makes March Madness popular for gambling?

All sports have people who enjoy placing bets on a game. Like any other sport, March Madness has fans and people significantly loyal to one or more teams. With the rise of sports betting, it’s easy to simply take a look at a selection of the best gambling apps for sports and notice that March Madness was a key part of their proposition.

Its associated drama makes March Madness even more exciting to gamble on. While with most sports, the teams with the best records will make it into the postseason, this is not always the case for College basketball. There may be a chance a team that has a better record than some in the Top 25 ranking still does not make it into the postseason. The selection committee has a list of requirements for sending a team into March Madness, leaving many people unaware who will be the final teams to make it until they release their results.

The other dramatic aspect that makes March Madness so appealing to gamblers is the idea of underdogs rising to the top. College basketball fans almost always expect a relatively unknown team to remove one of the major teams. This expectation is why the bracket breakdown is so interesting to many fans of the sport. You can see a number one-seeded team go against a number sixteen-seeded team, but the number sixteen team cannot get automatically counted out.

All of these aspects attract people to gamble on March Madness. You could bet on who will make the overall bracket, who will win the overall championship, or which team will play the role of a spoiler or the “Cinderella” team. This variety of options is why gambling during March Madness is fun for so many people; you can be an underdog fan and still win money because your team has just as likely a chance to win the game. Unlike in other sports, it may be a foregone conclusion that the better team will win. Teams bring out their best side in the tournament, so a sport’s better chances of winning or losing are up in the air. This unpredictability is why so many people enjoy gambling on any sport in the first place.

What is gambling on March Madness looking like for this year?

What makes gambling in this year’s tournaments more special than previous ones is that the women’s side is attracting substantial attention for all the same reasons mentioned in the previous section. So, it’s adding a new dynamic to the tournaments and thus bringing in more gamblers and money.

The popularity of mobile sports apps is also helping. People are spending more time on sports betting apps and thus using them more to place bets. The user base for mobile apps is also increasing thanks to more states legalizing online sports betting.

With the drama, the plausibility of winning money, no matter what team you bet on, fans’ deep loyalty to college athletics, and the growing user base as more states legalize online sports betting and use mobile apps, March Madness gambling prospects look bright in 2024.

Current projections show that nearly $2.7 billion will be waged on the College basketball tournaments across the women’s and men’s divisions, with the bets associated with the women’s division tripling compared to last year.

Conclusion

Sports is one of the things that unite people all across the country. It’s a chance to enjoy food, good debate, and potentially win money. The march madness has been synonymous with drama and wildly unexpected outcomes for many years. And this is driving up demand to bet on the games. College sports have long held a special place in sports fans’ hearts. Now, with more states legalizing online sports betting, more people placing online bets where it was legal before 2024, and the growing attention given to the women’s division. From a gambling perspective, 2024 is a good year for March Madness, and this momentum may only increase in future tournaments.