March Madness Live Betting Strategies
The Super Bowl is easily the biggest sporting event in the United States, but the NCAA Men’s Basketball Tournament isn’t too far behind. The NCAA Tournament spans three weeks during the month of March, and it is affectionately known as “March Madness.”
Betting on March Madness continues to grow in popularity as well, especially when new betting options emerge. Live betting is one of those options, and this will be a great way to bet on the upcoming NCAA Tournament.
Live betting is done in real-time, and that is how the odds are posted as well. Because these odds are only available for a couple of seconds, you must be ready to get a bet in before those odds disappear.
Just like with any betting option, there are certain strategies that will help you be successful when betting on March Madness. This article will touch on some of those strategies in the hopes of making you successful with your NCAA Tournament wagering.
Pick A Winner Pre-Game
Before you even think about making a live bet, you need to develop a plan earlier on in the day. You want to target and focus on certain games, and those will be the games that you should keep in mind when looking to make an in-game wager.
It would be a great move to put together a list of games, and you will also want to make a pregame prediction for the moneyline and spread. If you start to see that a game is going in the opposite direction then this might be a good time to make a live bet.
Know the Pre-Game Total
Not only do you want to make pre-game predictions on the actual outcome of a game, but you also want to pay close attention to the total betting lines for each matchup. Sportsbooks are usually very good about setting these lines, and that should be your guide as you are following the action.
There are going to be some games that don’t go the way that sportsbooks predicted, but things usually tend to straighten back out. If the in-game betting line is way off from the pre-game line then this might be a perfect time to make a bet.
Follow the Action
This tip seems like it could go without being mentioned, but it’s too important to ignore. If you have any desire to place a bet during a game then you have to be ready and willing to follow along with the action.
It would be to your advantage to watch the game live on television if possible, but you at least have to be following the action somehow. Injuries or foul trouble could be affecting the game, and you will need to know these factors before you attempt to make an in-game wager.
Be Ready to Hedge
One of the best options for making a live bet is to hedge one of your pregame bets that might not be going the way that you expected it to. This is called hedging, and it can be especially important if you are on the final leg of a parlay that was made.
When you are going to make a live bet as a way to hedge, you should still be looking to get the best value or return for your bet. It’s also important to ensure that your hedge will cover your previous bet, and usually making a moneyline wager is the way to go.
Strike When There is Value
Another key piece of information to keep in mind is that you only want to make an in-game bet when there is value in the odds that you are seeing. This is true for any bet that you will make, but it’s even more important with live betting.
Since the odds are going to be changing with every single play, you have to display some patience and wait for just the right time. Getting odds of +130 instead of +110 might not seem like a huge deal, but it is extremely important in the long run.