Sports betting is available in Pennsylvania and at Parx Casino ®. Additionally, you can bet online via the Parx Casino ® online sports betting app, which is available in the Apple App Store, via direct download for Android devices, and Macs and PCs.

For the retail sports bettor. Plan your bets in advance! Use our mobile Betslip Builder to see real-time sports odds from anywhere. Whether you're new to sports betting or just want a refresher, this guide will help you get to know some key terms as well as many of the most popular bet types.

A straight bet is a wager based on the outcome of a single event. A straight bet covers when a sports bettor wins and the bet pays out. Some straight bets can also push, meaning the bet is a tie.

In that case, the bettor receives his wager back, but does not receive any winnings. Straight bets are more straightforward than parlays and teasers, so they're an easy way to start sports betting.

When you bet against the spread, you're just betting on the margin of victory or defeat. Philadelphia is the 3-point favorite which means they would need to win the game by more than 3 points to win the bet.

Conversely, New England is a 3-point underdog which means they would need to win or not lose the game by more than three points to win the bet.

A moneyline is a straight up bet on the outcome of a game. A bet on the over means that both teams must combine to score more than the indicated point total, whereas a bet on the under means that they must combine for less.

If the teams combine for exactly the indicated total, then the wager is a tie or push and all bets are voided and the bettor gets his money back.

For example, in the Philadelphia vs New England matchup with a total of Proposition bets, or props, are often called side bets because they allow bettors to wager on specific events within a game rather than the game itself.

Props are typically presented as moneylines and cover a wide range of in-game events, like an individual player performance and more. Parlay betting is one of the most popular forms of sports wagering. A parlay is a bet that is dependent on the combined outcomes of two or more wagers.

A parlay bet only pays out if each of the wagers cover. Parlays also tend to have higher payouts than individual wagers. A teaser combines three or more spread wagers into a single bet and allows the bettor to adjust the spreads favorably. The bettor gets to choose how much to adjust the spread, but that adjustment is the same across every wager in the teaser.

Teasers shift the odds in favor of the bettor, so they tend to have lower payouts than each wager would if placed separately.

Now any Philadelphia win and even a 1 or 2-point loss is a cover, and Chicago is also covered in many more circumstances. We've taken the liberty of rounding up the top March Madness betting promo codes in the table below for your perusal.

After you've digested this information, keep reading for a comprehensive breakdown of selecting, signing up with, and using March Madness betting sites. CVSBONUS CO, NJ only. For new sports bettors, arguably the most vital information about an online sportsbook is its sign-up offer.

We've saved you the time and effort of looking up each option by sifting through them all ourselves — here are the top five welcome offers from the best March Madness betting sites:.

Use bet bonus code ' COVERS ' or ' CVSBONUS ' to get started today. Available in: Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, Ohio, Virginia. bet Sportsbook Review.

But remember — though no DraftKings promo code is required, the bonus bets expire in seven days and have a 1x wagering requirement. Available in: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming.

DraftKings Sportsbook Review. If your bet wins, you get the bonus bets. No FanDuel promo code is required, but you must download the FanDuel app to secure this offer.

The bottom line: There are few sign-up bonuses more beginner-friendly than FanDuel's. If you're looking to grab a bonus that provides you with an instant boost, this offer is for you.

Available in: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, Wyoming.

If you want the most bang for your buck, this is it. Available in: Arizona, Colorado, DC, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming.

Caesars Sportsbook Review. Available in: Arizona, Colorado, DC, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, Mississippi, Nevada, New Jersey, New York, Ohio, Pennsylvania, Puerto Rico, Tennessee, Virginia, West Virginia, Wyoming.

One of the biggest annual sports events in the United States, March Madness attracts millions of spectators and sports bettors alike. Check out our how to bet on March Madness guide for a full rundown on the wide range of wagers and their supported strategies. Meanwhile, here are several tourney-friendly tips to employ along with the most common bet types used for March Madness betting in Parity is starting to emerge as a noticeable March Madness trend.

Look no further than the Loyola Ramblers. The 11th-seeded Chicago-based school made it to the Final Four, marking one of the most incredible Cinderella runs in recent history.

Bettors should take advantage of this new-found parity during the early rounds of the tournament when there tend to be larger point spreads. These alternative, and often obscure wagers are not tied directly to the outcome of any college basketball game.

Instead, they focus on elements of an individual game rather than the outcome. Most March Madness bets during the tourney come from betting the spread. The point spread takes into account the final score and accompanying margin of victory. This is a result of higher-ranked teams playing a lower-ranked opponent, like No.

The spreads start to shrink as the competition tightens. The majority of March Madness betting sites will display odds in American format, while some will show fractions or decimals. Use our odds calculator to switch between formats and determine potential payouts. One of the most popular ways to bet on March Madness is simply picking which team will win it all.

In , the Connecticut Huskies prevailed, and still stand as the current betting odds favorites. Fan and school allegiances run high, which is why big money is bet on their teams to win the national title.

Betting on March Madness odds remains one of the most popular markets days a year. Keep in mind, however, that only a few teams outside of a No. Be sure to check out our March Madness picks as the tournament nears for expert insight and analysis.

The early rounds of the NCAA men's basketball tournament are notoriously tricky to keep track of — hence the March Madness moniker. Return here to see which three NCAAB games are coming up next so that a forgotten matchup never derails your intricately plotted March Madness betting plans.

No bettor should leave free money on the table. Read the terms and conditions tied to special offers and sportsbook promotions to make sure that you are getting the most out of your college basketball betting experience.

Locating and securing the best price available for your March Madness bets is vital to a fruitful betting strategy. Sometimes, betting sites will be less willing to risk having to pay out at large odds. However, the best March Madness betting sites we've featured provide fair odds.

Look for sportsbooks that go the distance with a robust lineup of features, not a one-and-done scenario. In the grand scheme of things, a busted bracket is not the worst thing that can happen to you during the tournament.

Eliminate unnecessary risk by registering with sportsbooks that hold a valid license for the jurisdiction from the appropriate regulators. Securing your winnings in a timely fashion is important. Stick to sportsbooks which offer quick payout and processing times. The regulated operators listed here offer several of the top sportsbook deposit and withdrawal methods.

Having flexibility inherent in your March Madness betting options should not be thoughtlessly passed over. As you mature as a bettor and garner experience, an online betting site that offers the most betting opportunities will become increasingly important.

For example, most March Madness bettors will want the ability to wager on futures markets, such as who will win the March Madness MVP. The best March Madness betting sites for also have the best mobile sports betting apps — or at least a mobile-friendly website.

Look for interfaces that are uncomplicated and easy to navigate for the best experience. Regardless of the route you take, we encourage you to download our printable March Madness bracket and consider our expert tips for filling out an NCAA bracket from professional bettors.

Well, they got bounced before the Elite Eight. Choose different combinations for later rounds and mix up your national champion picks for a well-rounded March Madness betting strategy.

It is a virtual certainty that one or more heavy March Madness betting favorites will fall. Picking a No. Make different selections across each of the pools you enter. Going against the grain can help you make up ground against others in the pool but try to be selective. If you're struggling, take a look at Covers' bracket prediction for inspiration.

Going with your gut is a tried, tested, and often true form of picking a winning March Madness bracket. In the end, it is up to you as to which preferred method to roll with. Much like investing, a diversified portfolio mitigates your exposure to risk. Going down that road leaves you with a good chance to win at least one of your pools this year.

If the mundane office or group chat pool is not cutting it, consider entering one or more free March Madness bracket contests. The subsequent bragging rights and big money prizes could be all yours.

More than 30 U. states , plus DC, have rolled out legal sports betting via mobile, online, and retail in-person options. It has never been easier to do your March Madness betting in these states :. In Canada, Ontario leads the way on the regulated legal market front. The first-of-its-kind iGaming market launched on April 4, The proliferation of new legal sports betting markets, available online and in retail locations, make it easier than ever to start betting on March Madness.

The best sports betting sites listed within this guide offers online sports betting on the team postseason tournament, along with complete coverage and a wide range of props and individual game betting lines. Several also serve up cash prizes for making the right picks. The ability to place live March Madness bets is the biggest difference between wagering with an online sportsbook versus doing so at a land-based or retail outlet.

Some retail sportsbooks allow players to bet live, but the odds update frequently, making betting apps a necessity. Sportsbooks also offer boosted March Madness odds and bonus bets.

We combed through the bunch and have identified the best offers. See all blacklisted sportsbooks. Despite the increase in legal betting markets stateside, there are bettors who still leverage offshore sportsbooks for their respective wagers.

We strongly advise against using these illegal offshore sites for your March Madness betting at all costs. There is little to no recourse for recouping any unpaid winnings with these unregulated sportsbooks, which is why they have found their way onto our blacklisted betting sites.

Here again are the best March Madness betting sites in the U. Your search for the best March Madness betting sites led you here. Let us quickly recap how you can cash in safely on your bets for the Big Dance. Interested in the best betting sites for other sports?

We've identified and highlighted the top operators for each of the following sports:. Football betting sites. Basketball betting sites. Hockey betting sites. College football betting sites. Soccer betting sites. Baseball betting sites. Boxing betting sites. F1 betting sites.

Golf betting sites. Super Bowl betting sites. UFC betting sites. Horse racing betting sites. Kentucky Derby betting sites. Yes, you can do your March Madness betting online in most states with legal sports wagering. You will have to be 21 or older, though. Our list of recommended online sportsbooks has been thoroughly vetted to ensure their trustworthiness.

To start betting on March Madness, select a regulated betting site from our guide above, register, claim a welcome bonus, make an initial deposit, and then find a preferred market from the betting menu. Since the tournament expanded to 64 teams in , 24 of the last 33 national title winners have been No.

That number is anticipated to rise in Yes, our list of the best March Madness betting sites has been prioritized to accommodate mobile betting. Mike has been researching and reviewing products for more than a decade. The former travel and entertainment publisher is all in on sports betting and iGaming.

When he's not sweating picks or supporting Covers' betting experts in making smarter sports bettors, you can find him by the BBQ, perfecting his cross-hatch marks.

If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.

It is your sole responsibility to understand your local laws and observe them strictly. Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.

Covers disclaims all liability associated with your use of this website and use of any information contained on it. As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.

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Kevin Rogers Sports Betting Expert. It comprises of a mix of sand, clay and loom. Parx racetrack is part of an entertainment complex, with 3, slot machines located within the facility, alongside a designated poker room and live table games.

The casino was opened in The Xcite Center also allows concerts and performances to be staged at the track, and can currently seat over 1, attendees.

A number of stakes races are held at the track, including the Grade I Pennsylvania Derby which is usually staged in late September. Parx is one of the newer tracks in North America having opened in November replacing the existing the now-defunct Liberty Bell Park.

It was originally called Keystone Racetrack and maintained this moniker until it was purchased by the Bensalem Oval in Upon purchasing the track, the new owners immediately began to upgrade the facilities and make significant improvements.

They constructed the turf track, added a live television show and an innovative phone betting system. Six off-track locations were also added, and these enabled bettors to wager on the racing seven days a week.

The company then expanded into New Jersey, and purchased Freehold Raceway. A temporary casino was opened at the track in , before the permanent standalone casino was unveiled three years later. In , the track required all participating jockeys to sign a waiver in order to ride at the track.

This was provoked by an incident which resulted in a jockey suffering fatal injuries at the course four years earlier. The annual jockeys and jeans fundraiser took place at Parx for the first time in , it had previously been held at Tampa Bay and Gulfstream Park.

There have been many notable names to have competed at the track with Smarty Jones arguably the most famous. The chestnut colt won both the Preakness and the Kentucky Derby and narrowly missed out on completing the Triple Crown.

He was regularly seen at Parx throughout his career. Summer Squall, Broad Brush and My Juliet are other big names to have featured here.

Those horses who hit the front early are often able to get away from any potential closers. This is not a hard and fast rule, but handicappers have noted that wire-to-wire winners are commonplace at the track. Over the longer trip 1m 70 yards , horses drawn wide tend to fare well.

In bigger fields, horses drawn in stalls tend to win more races than those who have been given the inside post, although recent stats suggest this is slowly beginning to chance. This historic bias could be due to the fact that competitors have time to shuffle into position ahead of the first turn.

The run-in to the first turn is much shorter in races held over one mile, and this results in a more even spread of winners. There is also no obvious advantage to front-runners in these contests. Horses drawn on the inside tend to struggle when the track is wet or sloppy, and they can often get bogged down in the conditions close to the rail.

In , the majority of races have been held on the main track. Further turf contests will be taking place during the summer months, but the stats so far suggest that there is no overall bias towards any of the stalls.

Horses drawn in four have been the most successful so far, but there has been a decent spread of winners on this course.

Sprint races on the main track show a bias towards the inside stalls. Just six of the 77 runners drawn in stall ten have been successful, whilst one of the six horses in stall twelve have entered the winners enclosure. Stall five and eight have been the least successful positions in sprint races on the main track so far in Distance races have also generally favoured the inside posts in , which has bucked the recent trend.

For example, you can place a futures bet on the National Championship before the season begins. There are two types of March Madness brackets: those for the Final Four and the Elite Eight. March Madness futures allow you to bet on teams even before the field is announced. The default listings include the money line, point spread, and total.

In general, negative odds are for the underdog, while positive odds are for the favorite. For example, Gonzaga is a five-point favorite on the spread against Duke, while their total score is expected to be In addition to the traditional futures bets, there are also a variety of other types of prop bets you can place.

You can wager on which team is the most likely to win the tournament, who will score the first point, or which conference will win the tournament. These bets are similar to futures, but they are different in that you are betting on a future event, like the Super Bowl or an NBA MVP.

While they may seem similar, futures bets offer big payouts. When you place your NCAA bracket, be sure to check out the odds on legal PA sportsbooks. Legal sportsbooks will have odds for each game, as well as futures markets.

The benefits of betting on a March Madness bracket are numerous. In addition to being fun, March Madness betting involves a deeper level of involvement in the tournament.

Betting on individual games may result in missing out on some of the biggest games of the tournament. In contrast, betting on a March Madness bracket allows you to take a deep dive into the tournament and understand the teams better.

The NCAA gets around 80 percent of its revenue from March Madness, which comes from a variety of sponsorship and television deals. This makes betting on March Madness brackets an enjoyable and fun activity for both novice and experienced bettor.

You can predict the winning teams with the help of sportsbooks. Sportsbooks can serve as cheat sheets for your bracket. You can use points spreads to determine which team is the favorite. You can even find out if you should bet on a favorite or underdog.

The underdog has a better record. March Madness betting has been found to increase engagement with sports events. For example, wagering on March Madness pools increases participation in the tournament, even among non-sports enthusiasts.