The month of March is known for college basketball, and the NCAA Tournament is one of the most popular sporting events of the year. There are other sports to watch during March as well, but none are as exciting as what takes place with March Madness.
Filling out a free betting picks is obviously extremely popular when it comes to the NCAA Tournament, but this is also a time to make some money. Putting together an NCAA Tournament parlay is a great way to pick up a big win, but only when this is done correctly.
Here are some tips to keep in mind when putting together a winning NCAA Tournament parlay bet.
Pick Some Upsets
In case you are someone that doesn’t follow the March Madness Tournament regularly, this is an event that gets its name due to the number of upsets that take place. Not every game is going to feature an upset, but there are plenty that will occur throughout the month.
When you are putting together your parlay, you are going to want to include some upsets with some of your legs. This doesn’t mean that you should always take the underdogs, but you need to at least give them plenty of consideration.
Not only will picking some upsets to be a wise move, but it will also increase the amount of money that you can win with this parlay.
Use Different Betting Types
Another important strategy to use when putting together an NCAA Tournament parlay is to use several different betting types. The most common NCAA basketball bets include moneyline or spread betting, but that’s not all you should be focusing on.
Since the NCAA Tournament is such a massive event, sportsbooks are going to feature plenty of betting options. Another great bet to keep an eye on is a totals bet in which you will be focusing on the total number of points scored in each game.
You will also find prop betting options as well, and this can be a fun and unique way to add a leg that will boost your parlay. It’s important to take a close look at all of the betting odds and make the best picks before submitting that parlay as a wager.
Do Plenty of Research
If you are going to win any type of parlay then you are going to have to do plenty of research before entering that wager. Fortunately, watching college basketball can be a great way to start this research, but there is so much more you will need to do as well.
You should never include a leg into your parlay unless you have done an adequate amount of research. This can mean different things depending on the type of bet you are looking at, but don’t ever just make a pick based on a “gut feeling.”
It takes work to win money at the sportsbook and doing research is a large part of that work.
Limit Number of Legs
There is going to be a great temptation to include a large number of legs into your March Madness parlay, but that is completely the wrong strategy. If you are trying to win some money then you need to be able to show some patience and restraint.
There are going to be plenty of betting opportunities when it comes to the NCAA Tournament, especially in the earlier rounds. Instead of making a bet on every single game, try to single out the best opportunities that will allow your bet to hit.
Hedge Your Bets When Needed
The final tip to keep in mind when putting together a March Madness parlay is going to require some attention and action on your part. Your parlay wager might not be going the way that you had hoped and you will need to hedge that bet in some situations.
Hedging your bet means making a wager on the other side of one of your legs to give you some sort of insurance. You especially want to hedge your parlay if you are down to just one leg left, and you want to at least win some money.
You will have to be following along closely with the action to be ready to make a hedge bet at the most perfect time.