Written by:

Brett Crown

Brett Crown

Brett is a passionate sports writer who majored in Sport Management at Florida State University. He combines his knowledge of stats with his understanding of game theory to find the best values when sports betting. Brett enjoys golfing, playing cornhole, and hanging out by the pool when he's not locked in watching games.

Brett Crown

Betting Sites With Odds On The Basketball Tournament

After starting in 2014, The Basketball Tournament (TBT) has exploded in popularity. This means The Basketball Tournament betting sites have expanded on their tournament odds as well. When it comes down to how to bet on The Basketball Tournament, you have several bets that you could consider. Before you begin betting, you want to consider what legal sports betting sites that take US bettors have to offer on TBT.

The Basketball Tournament

Top TBT Sportsbooks

The Best Worldwide Sportsbook And Casino

Use Bovada at 18 years old in your state!

75% Up To $750

  • Great Customer Service
  • Same Day Payouts
  • Mobile Friendly

America’s Most Used Sportsbook

Use BetOnline in 49 US states, Canada, Mexico, and many other countries.

50% Up To $250

  • Crypto Deposits
  • VIP Membership Rewards
  • Fast Payouts

A Top Sportsbook For Gamblers 21+

MyBookie accepts 21 year olds from the USA, Brazil, Canada, and many other jurisdictions.

100% Up To $1,000

  • College + Pro Odds
  • Easy To Deposit
  • Worldwide Access

Accepted around the world

Fast deposit and withdrawal options. 18+ welcome!

50% Up To $1,500

  • Betting Options
  • Great Bonuses
  • Fast Payouts

Massive Bonuses For 18 Year Olds

BetUS is easy to use with clear designations and prop bet offerings.

125% Up To $3,750

  • Sportsbook & Casino
  • Fast Deposit Options
  • Great Customer Service

Accepts Players From 49 US States And A Few Countries

SportsBetting.ag offers 100 free spins and a deposit match when signing up.

50% Up To $250

  • Sports Betting Contests
  • Full Poker Suite
  • Esports Betting Odds

A Basic Casino And Sportsbook

Use Xbet at 21+ in most US states and a few countries as well.

100% Up To $200

  • Racebook For Horse Betting
  • Small Market Sports
  • Takes Crypto And Credit Cards

Best TBT Betting Sites

You won’t struggle at all when looking for the best legal online betting sites to bet on TBT basketball. Each of them offers several different odds on the tournament that are meant to keep you engaged in either single tournament games, different angles of the game, and the entirety of the tournament from start to finish. These online sportsbooks are safe and reliable and you can use them throughout the tournament as you please.

#1

Bovada Sportsbook

Early TBT Futures Odds

Not only do many consider Bovada to be one of the best legal online betting sites there is, but in terms of betting on TBT basketball, they are simply unmatched. Taking the way they handle TBT futures odds, for example, they post them extremely early that way you could bet on them whenever you feel they are offering the most value. Throughout the tournament, you’ll find that they shift according to which teams still remain.

Bovada Casino Games
Visit Bovada Sportsbook

#2

BetOnline Sportsbook

Several TBT Prop Odds

Just like any other major basketball event, BetOnline will offer prop odds on The Basketball Tournament as well. Once you find the gamelines, you’ll be able to expand on them where you’ll come across game props, player props, alternate betting lines, quarter lines, first and second half lines, and more. The great thing about BetOnline when it comes to prop odds on TBT is that prop odds will be posted for every game.

BetOnline Sportsbook
Visit BetOnline Sportsbook

The Basketball Tournament Betting Bonuses

The main thing that you are going to want to do before you even touch any odds on TBT is to look and see which sportsbook deposit bonus you think best suits you. Some of these bonuses could even earn you up to $1,000 in risk-free credits just for signing up and making a deposit. You should also note that to take advantage of betting bonuses to the max, you could sign up for as many betting sites as you’d like and use all of their bonuses.

Top TBT Betting Bonuses

  1. Bovada: 50% Welcome Bonus up to $250
  2. Bovada: 75% Crypto Welcome Bonus up to $750
  3. BetOnline: 50% First Deposit Bonus up to $1,000
  4. BetOnline: 100% Crypto $1,000 First Deposit Bonus
  5. MyBookie: $1,000 Sign Up Bonuses 50% First Deposit Match
Bovada Sportsbook

How Does TBT Basketball Work?

Exactly like March Madness, The Basketball Tournament runs a single elimination bracket until one team comes out on top. The tournament hosts also put up a $1 million cash prize at the end for the team that wins as well. The number of teams in the tournament has varied throughout the years from anywhere between 32 and 97. However, the last three seasons has seen them hold tight at a 64-team bracket making it even more like betting March Madness.

Being that the bracket is likely to stay at 64 teams, it could affect how the odds open being that teams that opened with shorter odds at a 24 or 32-team bracket could open in a much longer position with more odds. That goes for all teams, with more teams involved the legal sports betting odds could open in a different position.

TBT Basketball Betting Types

  • Gamelines: This consists of three separate odds. The moneyline is betting on a winner for one game. A spread is the margin of victory projected between the teams, and the point total is betting on the over/under in total combined points between both teams.
  • Player Props: Here you can bet on how a player performs either with how many points they score, total rebounds, and total assists. Similar to the game total, you are betting on if the score will be over or under the amount set by oddsmakers.
  • Game Props: Odds on different angles of the game such as first-half lines, quarter lines, alternate spreads, and alternate point totals, amongst several others.
  • Futures: Betting on the winner of the tournament as a whole. You can bet on these odds either when the odds first open or at any point during the tournament.

Past Winners Of The Basketball Tournament

Year:Winner:Runner Up:
2025AfterShocksWe Are D3
2024Carmen’s CrewForever Coogs
2023HeartfireBleed Green
2022Blue Collar UAustin Army
2021Boeheim’s ArmyTeam 23
2020Golden EaglesSideline Cancer
2019Carmen’s CrewGolden Eagles
2018Overseas EliteEberlein Drive
2017Overseas EliteTeam Challenge ALS
2016Overseas EliteTeam Colorado
2015Overseas EliteTeam 23
2014Notre Dame Fighting AlumniTeam Barstool