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NCAA Basketball Tournament Betting At New Jersey Online Sportsbooks

March Madness betting trends

According to the American Gaming Association (AGA), Americans gamble more than $10 billion on March Madness matches each year. Up until this season, roughly $9.7 billion of that money was bet .
Since New Jersey and six other states have joined Nevada in launch legal sports betting ahead of their 2019 NCAA Tournament, that amount is going to change appreciably.
Although, the AGA also estimates 10% of Americans age 21 and older, close to 24 million individuals, bet nearly $3 billion on March Madness brackets through office pools and so on.
Office pool brackets that are paid are against the law in most states. But this type of NCAA March Madness is so ingrained in American culture that the numbers aren’t likely to change soon.
Forbes Magazine estimates the percent of people that will place at least one bet on the NCAA Championship throughout the globe might be more than 100 million.
The road to March Madness
Before the road to March Madness starts, college basketball teams typically play a season of up to 29 games.
The NCAA selects A total of 68 teams to play or play their way.
The first 32 are automatic bids awarded to the teams that win their respective conference tournaments, held following the regular season.
Incidentally, you can bet on regular season and conference tournament games at NJ sportsbooks as well, given the games do not occur in NJ or demand NJ-based schools.
The 36 teams have been bids.
The at-large bids are usually awarded to top-ranked teams and others that had an outstanding regular season but failed to win a conference tournament.

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