Best Sites for March Madness Crypto Betting in 2024

Best Sites for March Madness Crypto Betting in 2024

Picture this: a month filled with high-stakes games, unpredictable upsets, and thrilling victories, capturing the spirit and excitement of college basketball at its finest. 

Welcome to March Madness, the NCAA Division I men’s basketball tournament.

Featuring the crème de la crème of college basketball, with 68 teams competing for the coveted national championship, this single-elimination tournament captures the heart and soul of every fan.

The 84th annual edition of March Madness kicks off with a bang on March 19, 2024, culminating in an electrifying championship game on April 6.

So grab your brackets, prepare your crypto, and buckle up while we guide you through how to get started with March Madness betting.

Without further ado, here are the best crypto bookies for March Madness betting:

  • Stake – best for March Madness promos.
  • BC.Game – offers the widest selection of cryptos, including NFTs.
  • Cloudbet – offers a 5 BTC welcome bonus.

stake sportsbook basketball march madness

As a reputable and versatile sportsbook, Stake offers the luxury of choosing from over 20 different cryptocurrencies, allowing you to dive deep into the world of NCAAB betting with ease and flexibility.

Furthermore, the unique and special promotions on the platform make your betting experience all the more enjoyable and vibrant while keeping you in the loop on the latest trends.

Stake Bonuses

Stake has you covered with an incredible March Madness promotion that are guaranteed to bring some extra excitement to the college basketball competition.

Let’s have a look at what’s on offer:

Stake NCAA March Madness Bracket Challenge

stake march madness promo

Win your share of a $96,000 prize pool just by betting at Stake!

According to Stake, to enter the promotion, you need to place at least one $10 same-game multi on NBA player props containing five or more selections.

But you don’t enter the runnings automatically! You need to:

  • Create an account on espn.com.
  • Join the Stake group StakeMarchMadness2024 using the password: StakeSportsbook.
  • Create a bracket with your predicted winners of each matchup. Matchups will be available on March 18th. All selections must be finalized before the start of the first round of the tournament – which is scheduled to begin on Thursday, March 21st.
  • Once you’ve joined and picked, post your Stake.com username, your espn.com username, bracket name, and bet ID here on the relevant Stake forum topic.

Tip: The more bets you place, the bigger the prize pool you can access.

You can start placing your bets here:

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bc.game casino basketball march madness betting

With daily NCAAB matches featuring competitive odds to keep you on the edge of your seat, BC.Game emerges as another top pick for the thrilling month.

Plus, you can make real-time decisions as the basketball madness unfolds with their in-play betting option.

What truly sets BC.Game apart from the rest is their impressive offering of over 80 cryptocurrency options

They even go the extra mile by venturing into the world of NFTs, bringing a cutting-edge experience to your sports betting game.

BC.Game Bonuses

BC.Game offers a generous 360% match bonus

BC.Game's 1st deposit bonus

By simply depositing, you’ll receive BCD (their unique in-house currency) that can be easily unlocked by wagering on any exciting sports available on their platform – including NCAAB. 

But the rewards don’t end there!

BC.Game also offers enticing free bets, giving you a specific amount to wager on a game without risking your funds.

Check them out!

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cloudbet basketball betting march madness

As one of the longest-running crypto sportsbooks and casinos, it boasts an impressive range of daily March Madness matches for you to enjoy. 

This includes the opportunity for live betting, where you can elevate your Match Madness experience by placing bets as the action unfolds in real time.

Besides the various NCAAB matches, Cloudbet delivers an exceptional user experience with its innovative platform, competitive odds, and a broad range of cryptocurrencies.

Cloudbet Bonuses

Cloudbet offers a whopping up to 5 BTC welcome bonus. However, there’s a but –  the welcome bonus can be released only when you wager on casino games – so if you also want to try out their crypto casino, give it a chance!

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TL;DR? Here’s a quick overview of how our top March Madness bookies compare to each other:

Sportsbook Welcome Bonus March Madness Promos
Stake None Brackets Challenge
BC.Game $220,000 Nothing yet
Cloudbet 5 BTC Nothing yet

Okay, but now let’s cut to the chase and see what steps you need to take to get started with March Madness Bitcoin betting:

  • Set up a crypto wallet. You first need to set up a wallet where you will store your precious coins. There are many options available, so pick the one that suits you the best.
  • Buy some crypto. Next up, find a crypto exchange site and buy some coins. For example, Coinbase and Binance are solid options.
  • Transfer crypto to your wallet. Now you need to transfer your crypto to your wallet. Simply copy your wallet address to the “Send” field of the exchange site, and it should arrive in no time.
  • Register with a crypto bookie. Find a crypto sports betting site that offers NCAA matches and register an account with them. Don’t forget to take advantage of the bonuses and promotions the bookie offers.
  • Make a deposit and start betting. And now, the fun part! Make a deposit, find a March Madness match, and start betting!

And that’s it – you’re all set!

Let’s look at some of the most popular betting markets for NCAAB that can offer the best returns.

Money Line

Money line or the winner market is the most straightforward type of bet. You’re just predicting which team will win the game. 

For example, this is how the money line odds are presented at BC.Game:

bc.game moneyline basketball odds

Valencia Basket is the underdog, and Fenerbahce Istanbul is the favorite.

Point Spread

This type of wagering involves predicting not just which team will win but also the margin of victory

Here’s an example of how the handicap (spread) betting market odds look at BC.Game:

bc.game handicap example basketball

The point spread is ideal for sports games with many goals, like NCAAB and NBA crypto betting.

Over/Under

Total (or over/under) is another common betting market for basketball matches, including March Madness. In this case, you’ll focus on the sum of points scored by each team during the match.

Here’s how Cloudbet presents total odds:

cloudbet over under basketball bets

In this example, you have to decide if the teams will score more points than the bookie gives (over) or less (under).

This type of betting is a fantastic way to engage with the game, as a keen understanding of both teams’ abilities becomes essential.

Props

Prop bets give you the option to bet on a specific player’s achievements – known as player props – or on certain events in a match – referred to as game props. 

In this example, Stake gives you the option to bet on Kobe Brown’s performance, like:

  • How many points will Kobe Brown score during the match?
  • How many assists will he need?
  • How many rebounds will Brown make during the match?

Since March Madness is a high-intensity play and involves numerous star players, it can be a perfect opportunity for prop betting.

Live Betting

And last but not least, with live betting on March Madness, you can experience the thrills of reacting to shifting odds, adjusting your bets on the fly, and possibly capitalizing on unexpected turns of events. 

This form of betting involves more risk, but it can also be very rewarding if done right!

March Madness is a thrilling time for college basketball enthusiasts. Still, not everyone successfully navigates the betting landscape during this adrenaline-fueled tournament. 

To increase your chances of success, start by filling out your bracket to get acquainted with the teams, paying particular attention to their records and recent performance.

Plus, don’t be enticed by the allure of a Cinderella story or an underdog stealing the spotlight; instead, carefully consider the odds and avoid making impulsive decisions.

But let’s look have a closer look:

1. Shop for Lines

By comparing the odds and lines on various sportsbooks; you’re allowing yourself to find the most favorable point spreads and money lines. 

This, in turn, can significantly increase your potential payout, making the entire process more rewarding and enjoyable. 

Remember how we compared March Madness odds between our top five bookies? Now’s the time to try it out yourself:

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2. Research the Historical Data

Research expert opinions and gather data on each team’s strengths and weaknesses to make informed bets. 

Dive deep into the past performances of the teams as it can provide valuable insights into the game-changing factors often overlooked in the heat of the moment. For example, you can look for answers to the following questions:

  • Have there been any injuries or suspensions?
  • How have the teams performed in the previous seasons?
  • Have there been any coach changes and roster updates?

Plus, remember to stay updated with the current NCAA March Madness news. Some good sources for that are:

  • Twitter – check out the NCAA Twitter page for the latest updates.
  • NCAA – from NCAA official website, you can have the latest news about March Madness and also download your bracket.
  • Reddit – subreddits like r/CollegeBasketball can give you insightful details about the current March Madness.

After all, these seemingly minor details can completely alter the outcome of a matchup and, ultimately, determine which team will rise through the ranks and advance to the next round.

3. Set a Betting Budget

An essential key to March Madness betting success is setting a budget

This smart strategy not only prevents you from going overboard with your crypto but also allows you to refrain from making impulsive decisions when caught up in the heated moments of the tournament.

4. Bet on Props

During March Madness, a wide variety of prop bets becomes available, offering countless opportunities to make your betting strategy more dynamic and potentially lucrative.

By combining your knowledge of individual players’ and teams’ tendencies, you can pinpoint opportunities other bettors might have overlooked.

5. Try Contrarian Betting

Contrarian betting might sound like a fancy term, but it’s a pretty simple and unique concept

Imagine being in a room full of people all making bets on the outcome of a big game or event. Most might agree on the winner, but a small group thinks otherwise. 

These people are the contrarians, betting against the popular opinion or the majority.

When the odds start to lean too heavily in one direction because of the widespread consensus, contrarians see an opportunity to swoop in, place their bets on the underdog, and potentially cash in big time.

So how does it fit in the March Madness?

Well, with a huge number of square bettors flooding the market and backing their favorites, they create immense contrarian value. This especially happens in the first weeks of the tournament.

So, while everyone’s busy rooting for the conventional winners, the sharp bettors are grinning ear to ear, quietly pocketing their earnings, letting the madness of March work in their favor.

6. Don’t Focus Only on Brackets

While placing your bets solely on brackets might seem like the most straightforward tactic, let’s consider another perspective.

Why?

Adopting alternative strategies can truly enhance your chances of reaping sweet rewards, as relying solely on brackets can be limiting due to their inherent unpredictability.

Plus, outrights, over/under totals, and prop bets allow you to capitalize on specific insights and increase your overall betting success.

But this doesn’t mean that betting based on brackets can’t be favorable – so don’t forget to fill them out on the official NCAA site.

With upsets, Cinderella stories, and heart-pounding intensity throughout the entire month, March Madness creates an electric atmosphere and keeps the bets interesting.

Plus, crypto creates another interesting angle to it, as you can place wagers more anonymously, faster, and securely.

So why not try it out?