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NCAAB Public Betting Trends

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Public Betting and Money Percentages

Where is the money going? That’s a question sharp bettors are always eager to know the answer to, but not always for the same reason. This page displays the betting splits – both the bet percentages (number of bets placed on a certain team) and money percentages (how much of the total handle is bet on a certain team) – for the college basketball games involving ranked teams from one or more of the nation’s leading online sportsbooks.

The public betting splits for March Madness, or the NCAA Men’s Basketball Tournament, on this page is in reverse chronological order (most-recent at the top). Under the most-recent betting-splits image, find the public’s record for the season. Betting splits from previous days can be found by changing the date in the dropdown.

March Madness Public Betting Splits

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Spread
2024-03-19
Matchup
spread$$Money %Bet %spreadMoney %Bet %moneylineMoney %Bet %totalMoney %Bet %
First Four - Game 1 |
·@ 6:40 EDT
16Wagner
16WAG
@
+3.5
66%
57%
+3.5
66%
57%
+140
0%
4%
o127.5
83%
86%
16Howard
16HOW
-3
34%
43%
-3
34%
43%
-159
100%
96%
u128.5
17%
14%
First Four - Game 1 |
·@ 6:40 EDT
Full Game Stats
Sascha Paruk
by Sascha Paruk
Updated 18, Mar, 2024 · 04:11 PM UTC

You will find the public bet and money percentages for each game of the March Madness tournament above. There will be some NIT games mixed in as well, so be sure you read the label under each matchup.

Here’s what we’re seeing from the March Madness public betting splits for the first round of the tournament:

  • The public’s favorite bet for the first day of March Madness (Thursday) is #13 Samford to cover as 7.5-point underdogs against #4 Kansas. Samford is seeing 93% of the early money bet against the spread in this matchup
  • The most lopsided split on Day 2 (Friday) of the NCAA Men’s Tournament comes in #13 Vermont vs #4 Duke. Vermont is getting 98% of the ATS money as 12-point underdogs

Public’s NCAAB Betting Record

Date Public’s Record Against the Spread
SEASON TOTAL N/A

Note that during the regular season, this page only tracks the public’s betting record in games with at least one top-25 team.

What Are NCAAB Public Betting Percentages?

Basically, this page is tracking the amount of money bet on each team in a college basketball game. Sportsbooks monitor the amount of money their customers have wagered on NCAAB teams (in order to effectively manage their exposure) and then share that information with SBD.

The public betting percentages are split into the percentage of the handle and the percentage of the bets a team has received from the public. The difference between those two concepts is explained below.

What Does “% Handle” Mean?

The percentage of the total handle means the amount of money bet on Team X compared to their opponent. If Team X has received 60% of the ATS (“against the spread”) betting handle, that means $60 out of every $100 wagered on this game has been on Team X to cover the spread. The remaining 40% will have been wagered on the opponent.

In a two-team game, both the bet percentage and handle percentage will always add up to 100%.

What Does “% Bets” Mean?

The bet percentage refers to how many individual wagers have been on Team X compared to their opponent.

Let’s say ten total ATS wagers were made on a game between Gonzaga and Baylor. Four people bet $20 on Gonzaga, one person bet $50 on Gonzaga, three people bet $30 on Baylor, and two people bet $100 on Baylor.

In this case, the bet percentage is split evenly between the two teams (five bets on Gonzaga and five bets on Baylor).

However, the handle percentage is strongly in favor of Baylor. The five total bets on the Bears add up to $290. The five total bets on the Zags add up to just $130.  Since Baylor has received $290 out of $420 in total bets, its handle percentage is 69%, leaving a 31% handle percentage for Gonzaga.

What Does It Mean When “% Handle” and “% Bets” Favor Different Teams?

If you see betting splits where Team X is getting more of the total bets and Team Y is getting more of the total handle, the general takeaway is that people are placing larger wagers on Team Y.

Often, this means that sharp bettors are betting on Team Y (as sharps tend to bet more than Joe Public). But that’s not always the case, and blindly following the handle percentage in such instances is not a sure-fire way to tail sharp bettors.

The raw bet and handle percentage do not tell you how many people have wagered on this game nor who they are. Plenty of non-sharp bettors will make large, risky wagers without the diligent research successful professional bettors put into their work.

Sascha Paruk
Sascha Paruk

Managing Editor

Sascha was a hockey player in his youth, a lawyer in his capricious mid-20s, and has been at SBD since 2014. He covers everything from college basketball to politics. Sascha has been featured on Newsweek, NPR, Forbes, the USA Today, the Chicago Tribune, the Tampa Bay Times, Fansided, Combat Press, NJ.com, and numerous additional national and regional publications.