March Madness is by far one of the biggest annual sports events in the United States for men’s basketball college teams in the NCAA Division I. Like many other American events, the Big Dance, as it is also known, attracts millions of people each year, including many Indians, to stream and bet on the various games during March and April.

If you are one of those people who is curious about betting and can not wait to get started, now is the best time to do so because 2023 NCAA March Madness is just around the corner! Just make sure you stay up to date with the odds to win March Madness, so you can have a good idea about how to bet during the tournament.

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We have compiled a guide about some of the things you need to know about the annual event so that if you are a beginner, you can feel prepared when the first round kicks off on March 14.

March Madness Format

Before we start, it is good to know the format of the tournament. In summary, there are a total of 68 teams participating, and they enter the tournament either automatically or through bidding at large. 

The lowest ranked teams of these will participate in the preliminary “First Four” games that will eliminate four teams before the main phase of the tournament starts. Once the tournament is underway, it is time for the remaining 64 teams to compete for the title of reigning champion.

March Madness is formally applied to this grand tournament in basketball, but the format has also spread to other sports as well as other cultural phenomena. What’s interesting about it is that it always guarantees excitement and fun as the games are very hard to predict even as a fan or expert – and of course, by the players themselves. 

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Ways to Bet on the Big Dance

You probably have an idea why the tournament is called March Madness by now. It is simply an intense period when U.S college teams compete against each other and show what they are made of. But in addition to incredibly exciting games to watch and read sports news about, you can bet on the odds in a number of different ways.

Once you have registered with a sportsbook, you can try out traditional Moneyline Bets, which means you bet on the outright winner of a particular game. You can also try out Point Spread, which means that you bet on how much a team will win or lose by. This works similar to handicap bets, as the underdogs get an advantage and the favorite a disadvantage to make the betting field more even.

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Of course, there are several other betting options that might be fun to try. You just need to be familiar with the odds and the tournament in general before you start betting with your money. It’s always a good idea to practice without money first to see if it works for you or not. #KhabarLive #hydnews #hydlive