10 Ways To Bet On Michigan In The 2021 NCAA Basketball Tournament

Posted By FairwayJay on March 15, 2021

The Michigan Wolverines (20-3) and Big Ten Coach of the Year Juwan Howard are a 1 seed in the 2021 NCAA Tournament.

With March Madness upon us, Michigan is a popular pick to cut down the nets.

There are many options when betting on the NCAA Tournament – particularly on the Wolverines – and we’re here to break them all down.

Here are 10 ways you can bet on Michigan during March Madness.

10. Michigan to Win National Championship

The Michigan Wolverines have odds of +800 at DraftKings Sportsbook to win the National Championship. That’s not an optimal bet on the Wolverines at those odds. If you like Michigan to win six straight games, consider a moneyline bet on the Wolverines each game and roll over the profit for a bigger return.

9. Point Spread

The most popular bet for NCAA Tournament games is on the point spread, and the Wolverines are going to be a popular play. Michigan was 16-6 ATS this season, including 8-3 ATS against Big Ten teams that should make the NCAA Tournament. They are battle tested playing in KenPom’s No. 1 ranked conference. The Wolverines will play the winner of the Mount St. Mary’s versus Texas Southern play-in game.

8. Game Over/Under

Michigan was 8-14 over/under this season for totals bettors. The Wolverines calling card is its defense, which ranks No. 5 in the country in KenPom’s adjusted efficiency rankings. Michigan plays at a slower pace, but the Wolverines are efficient on both ends of the court. Michigan finished the regular season playing five straight games under the total and eight of their final nine games staying low. The Wolverines held opponents to an average of 65 points per game, and a Big Ten-best 39.0% field goal defense.

7. Single Game Parlays

Parlay bettors will love the offers at PointsBet as PB has single game parlays. That allows bettors the chance to parlay items in a single game, such as the spread, over/under, player props, team points and more. To sign up for PointsBet go here.

6. In-Play Wagering

Whether you bet on Michigan before a game or make a halftime wager, the in-play wagering option will be one of the most popular betting activities during March Madness. Get ready for huge momentum swings and fast-moving betting lines from the top online sportsbooks as you try to cash-in more during March Madness.

5. Pick the Final Four

If picking the National Champion is too daunting a task, there’s another option. Sportsbooks are offering futures lines on teams to make the Final Four. Here are Michigan’s odds to make the Final Four at DraftKings Sportsbook: +200.

4. March Madness Props

NCAA tournament proposition bets will be popular as sportsbooks release props for Michigan’s first round game. There will be some entertaining props involving player and team stats, like:

  • Highest-scoring game
  • Highest-scoring player in a game
  • Margin of victory

3. FanDuel’s March Million

Michigan online sports betting launched on January 22, 2021 and sites like FanDuel have had exclusive offers for Michiganders ever since. For the 2021 NCAA Tournament, if you bet on an eligible tourney game from March 18 to April 4 in Michigan you will be entered for a chance to win $1 million.

2. The search for the perfect bracket

If $1 million isn’t enough for you, try your hand at $2 million by entering BetMGM’s Bracket Challenge. If someone posts a perfect bracket, they will win $2 million. Because that’s unlikely, BetMGM has the more realistic prize of $100,000 for the person who posts the best bracket.

1. DraftKings March Mania Survivor Pool

This is a no brainer with a free entry and a $1 million prize pool. The DraftKings Survivor Pool starts on Friday, March 19 but you can sign up now by going here. See the specific rules, but the way this survivor pool works is that you pick one team each day to win during the NCAA tournament. If your pick wins, you advance. And you can only pick each team once per entry. Chances are, Michigan will be one of your picks.

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FairwayJay

FairwayJay is a leading national sports and gaming analyst and is recognized as one of the sports industry's most insightful professionals. Jay has pursued his passions and maintained a pulse on the sports, gaming and poker industries while living in Las Vegas for nearly two decades. He's been a regular featured guest on sports and gaming radio shows, podcasts and produces sports betting and related industry articles and content for various sites and sources.

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