It's March Madness and more people than ever can legally bet on basketball games

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With 38 states now allowing some form of sports betting, the American Gaming Association estimates $2.7B will be bet on the NCAA men's and women's basketball…

People in North Carolina may have a little more riding on this year's NCAA men's and women's basketball tournaments, as they will be able to legally bet on the games through their smartphone apps and computers for the first time.

The rules for sports betting vary by state. Some states prohibit bets on home-state college teams or the performance of specific players. Others allow bets not only on the outcome of any college games but also on a variety of other things, such as the number of points, rebounds and assists that a particular player will tally.Here are some things to know about sports betting as the tourneys open, with the men’s games starting Tuesday and the women’s competition beginning Wednesday.

The Super Bowl also draws big bets, but it's only one game between two NFL teams. The NCAA Division 1 men's and women's basketball tournaments feature a total of 136 teams playing 134 games over three weeks.Despite living where sports betting is legal, some fans still could be blocked from betting on their favorite teams and players.

Nebraska began taking sports bets at casinos last June, though it doesn't allow mobile wagers. Kentucky launched sports betting in September to coincide with the start of the NFL season, and

 

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American Gaming Association Projects $2.72B in 2024 March Madness BetsAGA estimates the amount wagered legally during this year's NCAA basketball tournaments will double the amount bet legally on the Super Bowl.
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