March Madness Betting Tip: Be Cautious Betting Public Favorites March Madness is the best time of the year for a college basketball fan, and it can be a great time for bettors as well, but there are a lot of bettors who lose their shirt during the month of March. Generally, it is betting on the public favorites that makes bettors end up deep in the red. You’ve likely heard before that betting on public favorites can be dangerous, but at no time is that more true than during March Madness.

What makes March Madness different from the rest of the college basketball season in terms of betting? During March the public is a whole lot more interested in college hoops, and they are fully capable of moving lines by flocking to what is perceived to be the wise side.

For the majority of the season, the betting public doesn’t move college basketball lines nearly as much as the so called “sharps” do. During the regular season, college basketball line moves are typically a sign of smart money coming in on a side. During March line moves are often solely because of the public bettor pounding a certain side.

How do these public line moves happen so easily? The general public hasn’t followed college basketball all that closely for most of the year. When March rolls around they simply look at the name of the team and bet on the team that has the stronger history. This is why teams like Duke, North Carolina, and Kentucky can be so overvalued when it comes to the betting spread in the NCAA Tournament.

Before you place that wager during March Madness, think about the true value of the team you are about to bet on. Are you making that play based on fundamentals from this year’s team or are you basing the play off public perception?
 

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