March Madness will be major part of upcoming North Carolina sports betting launch

North Carolina sports betting update

Credit: XL Media

Credit: XL Media

North Carolina sports betting update

College basketball is coming to the most exciting point of the season as March Madness is fast approaching. The NCAA Tournament is always highly anticipated, and this season’s bracket will be even more of a special occasion for fans in the Tar Heel State with North Carolina online sports betting launching on Mar. 11, 2024.

As the exciting college hoops tournament draws closer, many prospective users are wondering if they can bet on March Madness. Thanks to the passed legislation (HB 347), North Carolina permits betting on college sports including in-state teams. That means you can bet on March Madness in North Carolina, and you can bet on all your local favorites (after the March 11 launch date).

With hometown teams like the UNC Tar Heels and Duke Blue Devils among the favorites to cut down the nets in this year’s tournament, there’s every reason for North Carolina bettors to be enthusiastic about March Madness 2024.

Odds to win 2024 NCAA Tournament (Men’s Basketball)

Nearing the end of the regular season, it has been a fantastic year of college basketball filled with jaw-dropping upsets left and right. With Selection Sunday set for Mar. 17, 2024, there are only a few short weeks before the NCAA Tournament tips off and players can lock in offers through the FanDuel NC promo code, BetMGM NC promo code and more.

In addition to their newly realized ability to bet on the action, college basketball fans in North Carolina will be particularly interested in this year’s March Madness, as their hometown UNC Tar Heels currently have the fifth-best odds (+1800) to win the tournament. Not far behind, the Duke Blue Devils are tagged with the ninth-best odds (+2800) to win March Madness 2024.

Here’s the full list of odds to win the 2024 NCAA Tournament (Men’s Basketball), courtesy of DraftKings:

  • UCONN (+500)
  • Houston (+750)
  • Purdue (+750)
  • Tennessee (+1300)
  • Arizona (+1400)
  • North Carolina (+1800)
  • Auburn (+1800)
  • Iowa State (+2000)
  • Marquette (+2200)
  • Kentucky (+2200)
  • Kansas (+2500)
  • Alabama (+2500)
  • Duke (+2800)
  • Creighton (+3000)

Types of bets for March Madness

Many North Carolina sports fans will already be familiar with some of the common bet types like moneylines, point spreads, over-under totals, player props, parlays, and more. But March Madness presents many more opportunities for eligible users to win big. Included in the action at North Carolina sports betting apps will be futures markets.

Futures betting is one of the most common ways to wager on March Madness, as users can bet on teams to reach different stages of the tournament. Rather than just betting from game to game, bettors can stake their claim early and wager on a team to reach the Round of 32, Sweet 16, Elite Eight, and Final Four, as well as to win the Tournament altogether.

Prop bets are also particularly enticing this time of year, and North Carolina users are in luck when it comes to that department. Throughout the country, 25 states limit collegiate player props betting. North Carolina will be one of 13 states in the country to allow collegiate player props betting with no limitations, a true luxury for bettors in the Tar Heel State.

The Atlanta Journal-Constitution is not an online gambling operator or gambling site. We provide this information about sports betting for entertainment purposes only.