March Madness Betting in New Jersey

Published: Mar 4, 2023 Updated: Mar 9, 2023

Online betting has gained tremendous popularity in NJ and has become an easy way to earn money. Not only that, but online betting is also paving the path of entertainment. When it’s about online sports wagering, March Madness 2022 is going to be the essential sports event. This guide to online March Madness betting in New Jersey will provide you all the information about March Madness, sites, tips for betting, upsets, Cinderella stories, etc.

Best Sportsbooks in New Jersey

Fox Bet Sportsbook NJ

Fox Bet Sportsbook NJ

$500

Secure banking methods
Exclusive bonuses
Variety of tournaments
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Bet365 NJ

Bet365 NJ

$100

You can watch over 100,000 games live every year
Receive $200 credits when you place a wager of $1 or more
A sports betting app that responds quickly
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BetMGM Sportsbook NJ

BetMGM Sportsbook NJ

$500

“Boosted parlays”
100% Deposit Match Up to $500
Free $10 Weekly Bet
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Casino
Title
Bonus
Rating
Features
Play
4
Caesars Sportsbook NJ
Caesars Sportsbook NJ

Bonus

$1250

Custom column

Wide offering of sports betting options
No deposit bonus of $10
Latest security software
Review
5
Draftkings Sportsbook NJ
Draftkings Sportsbook NJ

Bonus

$1000

Custom column

Easy Deposit Methods
3-Point Check Verified
Legal, licensed & safe
Review
6
FanDuel Sportsbook NJ
FanDuel Sportsbook NJ

Bonus

Get Up To $3,000 Back In Bonus Bets

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Invite friends to join Sportsbook and Casino and you’ll get a $75 bonus - $50 in Sportsbook Bonus Bets and $25 in Casino site credit.
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Profit Boost reward
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Table of Content

    Betting on March Madness

    March Madness is a thrilling tournament in the United States, where 64 nations’ best school basketball teams take part. The NCAA March Madness tournament is a single-elimination match, but recently, it’s increased to 68.

    The four teams play-in to earn a spot in the final team of 64. Many college basketball teams across the US take part in making a spot in the tournament.

    March Madness refers to the time starting from mid-March and continues until the start of April in the United States. It is when the National Collegiate Athletic Association (NCAA) women’s and men’s college basketball tournaments occur.

    Selecting Teams for March Madness

    The 68 teams include 32 teams receiving automatic bids for winning various conferences. Based upon the performance, the NCAA selection group provides large bids to the other 36 teams.

    The teams are distributed in four regions after the field is set, based on mid-western, western, eastern, and southern US. After that, they are placed in March Madness brackets laying out the team’s path to reach the finals.

    The team is ranked from 1 to 16 within the region.

    March Madness Betting Options for New Jersey

    When it comes to March Madness betting in New Jersey, the basic understanding of bets is essential. In this guide, we have tried to cover all the betting options that a better must know. Take your pick from the list of betting options.

    • Moneyline – Here you need to pick up a team to win. Suppose, for an Elite Eight matchup, the Michigan State Spartans are facing the Duke Blue Devils. Pick up one team that you think will win.
    • Totals – Place the wager based on if the total combined final score will be under or over the number set stated by odds-makers.
    • Point Spread – Pick up a team that you think would win or lose, and place more points spread than oddsmakers. To handicap the competition, the point spread is used, where every team holds even odds to win.
    • Props – Here, a wager is related to March Madness bracket betting, and the player stats like field goals, rebounds, etc., are considered. This sports betting gets fun, and the odds are placed on the number of outcomes and possibilities. It does need to be about which team is winning and can be about anything.
    • Parlays – In this betting, multiple bets hold on one ticket, and with that, if a single bet loses, the entire stage loses. Parlay cards can be made as large as you want, but the chance of winning decreases with an additional bet. If you get more than 7 to 8 parlays, the chances of winning are negligible.
    • Futures – For placing future bets, the NCAA basketball tournament is a prominent match. The name is sufficient to make you understand that the events are made now, but the result will be declared in the future.
    • Live Betting – Live betting is a wager placed when a game is going on, and this March Madness odds in NJ disappear first. If you could see some betting lines that you like, make sure to take them up quickly.

    With this information, it would be more comfortable to understand where to bet on March Madness.

    Pick Up the Best Sportsbook to Bet in NJ

    In NJ, various March Madness betting sites are there to bet on. The best sports betting options in New Jersey are available for both Android and iOS users.

    Complete the registration process in a few minutes, and start placing a bet on March Madness.  Here is a table discussing the top sportsbooks in NJ and what they offer for March Madness.

    SportsbookBonus
    DraftKings$1,000 Sign up bonus
    BetMGM100% deposit match till $500
    PointsBet4 Risk-Free Bets till $1000
    SugarHouse100% deposit match till $250
    William HillFree $10 sports bet
    FanDuelRisk-free wager up to $500
    Caesars100% till $300 + $25 Free

    Draftkings Sportsbook

    Truly, it is a perfect destination for college basketball betting in NJ.

    In 2020, DraftKings Sportsbook launched a free-to-play bracket that includes a price worth $64,000. Introducing one more free and latest Second-Chance Bracket contest by DraftKings, which is worth $16,000.

    It is a traditional betting website for a national championship, including spreads, money lines, totals, and player props, allowing you to wager on each March Madness aspect.

    MGM Sportsbook

    BetMGM online betting is branching out and has been launched in various states in the US. It is available in New Jersey, Indiana, West Virginia, Nevada, and Colorado.

    Presently, it is planning to launch in Michigan to attract more betters. In January 2020, the West Virginia sportsbook came online, where players received a 100% deposit bonus of $500. Geolocation technology is used to determine where you are placing the bets.

    Both Android and Apple users can use MGM Sportsbook within minutes of downloading the apps. Windows OS users can also proceed to the BetMGM website to use the online sportsbook.

    Pointsbet Sportsbook

    PointsBet, an Australian firm, is a line in NJ, Indiana, and Iowa sports betting market. It provides $250 in free wagers on deposit with a promo code of “BONUS NOW”.

    It gives a welcome bonus for a newbie and can be operated by both iOS and Android users. The identical wagers are available on both the website and smartphone apps.

    Totals, Moneyline, and spread betting are some events organized by the Pointsbet sportsbook. It is a high-reward, high-risk option and is quite different from other March Madness NJ betting sites.

    Sugarhouse Sportsbook

    SugarHouse Sportsbook, March Mania organizes an exclusive NCAA basketball tournament. With a promotional twist, the top hundred players get paid.

    The March Madness is a free bracket contest, offering bonus prizes, with $1,000 first prize. It offers a 100% deposit to match up the worth of $250. The sports gambling partner is Kambu, supporting both Android and iOS users.

    William Hill Sportsbook

    The state of New Jersey sportsbook came up with a March to March promo code.

    William Hill offers bonus credits for wagers on winning the top college basketball games.

    The traditional hosting March Madness 2020 has more special offers to keep the entire NCAA tournament entertained. It includes game lines, futures, props, etc. To get a free $10 at William Hill, enter the code PLAYNJ150.

    Fanduel Sportsbook

    FanDuel Sportsbook has already launched its March Madness Hub with a popular free Bracket Madness contest worth $250,000.

    It also runs a free daily props pick EM contest with a daily jackpot of $10,000. At FanDuel NJ, claim a $500 risk-free wager.

    Losing your first bet, you will receive a refund of up to $1,000, for which no code is required. iOS, desktop, and Android users, everyone can use the FanDuel sportsbook promo code. Unique contents for fresh players and multi-entry tournaments are also there. Place online betting, watch matches, and win cash prizes with FanDuel.

    Caesars Sportsbook

    Caesars Casino and Sports have come up with its March Pick’Em Challenge.

    It is a free-to-play bracket offering prizes to the top 800 finishers.

    Caesars promo code give a grand prize of $250 each week for a year. The second-place user gets a free $100, and the third winner receives a trip to Las Vegas. Customers can place wagers at The Book at Bally’s with a free available bonus of $10.

    NJ March Madness Odds

    Best Sports Betting BonusMarch Madness odds play an integral role, so this is essential before you start gambling.

    While placing bets, odds are the pivotal aspect you will look for in a sportsbook.

    Understanding the best March Madness odds will help you calculate the profits a player can earn after winning bets. Here is a brief introduction to the basketball betting odds:

    Kansas

    At Texas Tech, Kansas survived a 66-62 win in the season finale, reserving a spot in the Big 12 Tournament.

    In the semifinals, “the Jayhawks play the winner of Oklahoma State-Iowa State” against No. 4 Baylor with a potential rematch. Well, Kansas has already locked up the No. 1 seed.

    Gonzaga

    Gonzaga has been in the championship hunt for a decade, making sense that the Bulldogs would be near the odds board. The six players are in double figures in 2020 points, including Filip Petrusev, the National Player of the Year candidate. Petrusev is performing the tests for the NBA draft waters but might like to come back to school.

    In Jalen Suggs, the Zags also get a 5-star recruit, their next starting point guard.

    Villanova Wildcats

    In college basketball, guard play will keep you ahead of the curve. No team can ever embody that philosophy apart from Villanova. Five players are there, having double figures last season.

    But Saddiq Bey, the top scorer, is ready to be taken in the NBA draft, and guards like Bryan Antoine, and Collin Gillespie need to share the load.

    The wildcats might not have the college hoops programs of star power like Kentucky or Kanvas. However, Jay Wright is always there in attack mode, making it difficult for others.

    pointsbet review

    Most Successful Cinderella Stories

    Every year, a team emerges, shaking the college basketball tournament by making an expected run. Cinderella term is used for that specific team, having improvable runs through the regular season.

    Let’s highlight some of the best of all-time Cinderella stories or teams.

    1983 NC. State

    In the 1983 NCAA tournament, NC. State was at a seed no. 6, which seems too high to be considered a Cinderella. The Wolfpack won the series that year by fighting against Virginia. They dramatically won the NCAA. This win will forever be a part of college basketball history.

    1985 Villanova

    Not every team has won NCAA; in 1985, Villanova won as a No. 8 seed. They were a wildcard entry with a record of 19-10. They didn’t win any of the first three matches with a score of more than five points. In the finals, Villanova has a juggernaut, making them win the title.

    1988 Kansas

    Kansas has qualified as a Cinderella with an 11 seed, and Danny Manning played well, dominating Oklahoma’s national championship game. That night Manning scored 18 rebounds and 31 points. However, the Jayhawks lost 11 games in the last tournament, the top total by a national champion.

    2006 George Mason

    It is quite unpredictable that George Mason would even make it to the NCAA finals as it didn’t earn the auto-bid. In the semifinals, the Patriots lost the match. Over UConn, the Elite Eight win was memorable, and by going against Marcus Williams, Josh Boone, and Rudy Gay, George Mason won stunningly. It was the first final NCAA team to reach the Final tour.

    Tips to Win 2022-23 March Madness Betting Lines

    This NJ betting site review will be incomplete without including the tips to follow to win bets.

    This March Madness betting strategy will help you win more wagers. Initially, it might be challenging for you, but once you understand the way bets need to be placed, you will love gambling.

    Trust the Seeding

    Earlier in 2018, players and the public used to think that no top seed could lose to No. 16 seed in the first go. But after 2018, this theory was changed when “Maryland-Baltimore County won over Virginia.”

    But this is a miracle as most of the time; it’s seen that the top four seeds end up winning the first two rounds. That’s why; I always believe in the top four seeds.

    Trust the Odds

    The best New Jersey sportsbook offers spread lines, a Moneyline point for every game, and future odds for each team. Oddsmakers post the lines with in-depth knowledge of the college basketball championship, and to place bets, you can lean on the NCAA experts.

    They may not always be right, but they are not wrong. Using the information available on the New Jersey website, start placing the odds as it will help you win them.

    Ignore Experts Brackets

    Experts from Yahoo, ESPN, Bleacher Report, Sports Illustrated, The Atlantic, etc. post March Madness picks. While some are experts, who have earned the status after years of study, some provide information without any knowledge.

    As a result, some experts would not know the best betting opportunities that can help you win. Therefore, make sure that you are careful in following such tips.

    Follow the Money

    Wishing to win the game, follow the money as the lines get released on Sunday night for Thursday or Friday games. Pay attention to everything and note down the significant line that leads up to the game. Lines moving with more than 1.5 points are more effective.

    A Proper Betting Strategy

    Knowing that you know the tips and everything else, it’s time to look for a proper betting strategy to win the match. Take a look here!

    • Pick more than one website, and focus on individual games, live betting, props, etc.
    • Every website offers excellent opportunities; learn to pick a suitable one by concentrating. Make sure that you should not get distracted.
    • Do not place a bet blindly; it will not help you either.

    Importance of Seeding in March Madness

    The seeding process is the most challenging NCAA part that needs to be understood. In the history of the NCAA tournament, teams that ended up scoring in the top spot of the seeding process have ultimately won the match. The team earning a top spot in the seeding list is the toughest to defeat.

    In the seeding process, the aspects that one needs to take care of are their opponents, the players, the team’s overall performance, the defensive and offensive skills, etc.

    Biggest March Madness Upsets

    All March Madness players are termed as upset when things do not work in their favor. The most critical aspect of upset is it’s unexpected. A lower-seed victory does not indicate an upset but signifies an outstanding team seeded low. ‘Upset’ usually occurs when both the team’s history suggests different outcomes.

    Some of the biggest March Madness upsets in history is:

    1. 2018: UMBC over UVA
    2. 1985: Villanova over Georgetown
    3. 1991: Richmond over Syracuse
    4. 1991: Duke over UNLV
    5. 1983: NC State over UH

    Where Can I Stream March Madness?

    All the matches of March Madness will be shown live on TNT, CBS, TBS, and TruTV. The March Madness live app is available for Android and iOS users and will be streaming on cbssports.com. Ten retail sportsbooks are there showing all the NCAA games.

    The network streaming where you can watch March Madness games are Amazon Fire TV, Roku, Apple TV, CBS Sports app via TV devices, phone, CBS All Access, FuboTV, DirecTV Now, Hulu with Live TV, YouTube TV, CBSSports.com, and PlayStation Vue.

    Conclusion

    March Madness is one of the games that transcend fandom. Despite not watching the match, a lot of betters still bet on the March Madness tournament.

    Offices across the United States conduct website host contests and hold pools to determine the best bracket. Online gambling is exciting, but for March madness betting games, ensure to pick up an eminent sportsbook.

    Now, all you need to do is shop for the prominent odds, fill in your brackets, and go ahead.

    Frequently Asked Questions

    Is it legal to bet on March Madness online in New Jersey?

    Yes, it's legal to bet on March Madness online in New Jersey.

    When does March Madness start?

    Every year March Madness starts from mid-March and continues till the first week of April.

    What was the biggest upset in March Madness history?

    The biggest upset in the history of March Madness is in Georgetown, 1985 when Villanova won against Big East rival Georgetown.

    What was the lowest seed to win the March Madness tournament?

    The lowest seed to win the March Madness tournament was the No. 8 seed by the Villanova team in 1985.

    Who won the last March Madness tournament?

    Virginia won the last March Madness tournament.

    Written by:

    Divya Gandotra
    Divya Gandotra
    Divya is an expert in content research and analytics, with particular skill in creating gambling and betting reviews to offer our users the best possible guides.
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