It has been two long years since sports bettors have had the privilege of getting down on March Madness. The pandemic robbed us of last year's NCAA tournament, but luckily the most exciting betting event of the year is back. Wagering on the Big Dance is different from wagering on regular-season matchups. The stakes are higher, the lines are sharper and the betting handles are higher. Without further ado, here are a few tips to keep in mind as you wager on the madness.
1. Go contrarian
The premise of contrarian betting is pretty simple. More often than not, the public loses. As a result, you want to be against the crowd and with the house. The public bets based on gut instinct and bias, which is a recipe for disaster long term. If you walk into a bar and everyone is betting on Team A, you probably want to be holding a ticket on Team B. March Madness is the best time of year to go contrarian. The buzz and excitement of the NCAA tournament draws an influx of casual bettors. They may not have bet all season long, but now they want to get in on the fun as the madness takes over.