How To Bet On March Madness From Florida

By College Basketball

The 2019-20 college basketball season is coming to an end, and that means that March Madness is just around the corner!  March gets kicked off with the Conference Tournaments the first two weekends of March, and then Selection Sunday takes place March 15th, 2020.  After that 68 of the best teams in college basketball will battle it out in the NCAA Tournament to be crowned National Champions.

On this page I will break down everything related to betting on March Madness for residents of Florida.  I will recommend our top rated betting site, touch at the legal climate of betting on the tournament from Florida, look at some popular bets that you can make during March Madness, and finish up with a simple 3 step guide you can follow to get your March Madness bets placed online.

Best Betting Site for Florida Residents

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BetOnline.ag is our top rated betting site for Florida residents looking to bet on March Madness.  BetOnline is a very popular and trusted online sportsbook that has served the United States betting market for over a decade.

Sports Betting In Florida

It is not currently legal to operate a sportsbook in the state of Florida.

That said, Florida residents are able to join and place bets through offshore betting sites that are licensed and regulated outside of the USA.  BetOnline.ag falls into this category as it is licensed and regulated offshore in Panama, while accepting players from the United States, including Florida.

**Regulated sports betting may be coming to Florida in the near future.  In November of 2019 a few bills were introduced that are meant to outline the specific requirements for accepting bets on sporting events in the state, and allow the Florida Lottery to oversee mobile betting in the state.  Progress is expected later in 2020.

March Madness Betting Options

You can bet on every game throughout the March Madness tournament, as well as just betting on the tournament itself.

The individual games will have a variety of bets that you can make.  The main three bets on a college basketball game are the spread, money line and total (over/under) and that’s no different for March Madness.

Check out our college basketball betting page for a further breakdown of these three popular bets.

NCAA Tournament Winner

Another popular bet for March Madness is wagering on which team will win the tournament.  You can also bet on which team will emerge from each region, etc.

Here are the odds to win the 2020 NCAA March Madness tournament from BetOnline.ag (odds from February 28th):

I included all of the teams with a 25/1 or better shot at winning the tournament on February 28th.  These odds will change drastically leading up to and throughout the tournament.  Check the up to date odds by visiting BetOnline.ag, opening the ‘Basketball’ drop down menu and selecting ‘NCAAM Futures’.

Bet On March Madness Online – 3 Step Guide

Complete these three steps to get your March Madness bets placed online.

Step 1. Open a BetOnline.ag Account

Click the above link and fill out the short form on the BetOnline home page.

Step 2. Deposit

Next you will need to add the money you want to bet on the tournament.  Log into your new account and click ‘Cashier’ or ‘Deposit’ in the top right corner of the screen.  Select your preferred deposit method and follow the on screen instructions to complete your deposit.

BetOnline accepts Visa, MasterCard, bitcoin, Skrill, Neteller, etc.  For cash outs they also offer bank wires or checks by mail.

Step 3. Place Your March Madness Bets

  1. Click ‘Sports’ from the top menu bar at BetOnline.ag.
  2. Open the ‘Basketball’ drop down menu and select ‘NCAA’ or ‘NCAAM Futures’.
  3. Select the bet(s) you want to make.
  4. Click ‘Straight Bet’ on the Bet Slip, enter your bet amount, and click ‘Place my bet’ to confirm.

Check out our guide section if you’re new to betting on sports online.

Ready to bet?  Click here to visit BetOnline.ag.


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