Last updated on: September 9th, 2024
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 though, you want to consider what all legal sports betting sites that take US bettors have to offer on TBT that way you can get the most out of your experience.
- TBT Betting Bonuses
- Safe Betting Sites For TBT Betting Odds
- Betting Props On TBT
| Rank | Sportsbook | Bonus Offer | Play Now |
|---|---|---|---|
| 1 |  |
Exclusive 50% Bonus Code up to $1000!Read Review | BVD1000 in Cashier |
| 2 |  |
50% Up To $1,000Read Review | Visit BetOnline! |
| 3 |  |
50% Up To $1,000 Read Review | Visit MyBookie! |
| 4 |  |
100% Up To $300Read Review | Visit Xbet! |
| 5 |  |
50% Up To $1,000 Read Review | Visit SportsBetting! |
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.
Rating: 
- Live Betting
- Big Bonuses
- Easy To Use
- Mobile Betting
- Best Odds
#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.
Rating:
- Reliable Banking Methods
- Strong Server Connection
- 10+ Year Track Record
- Huge Assortment Of Odds
- No App Mobile Betting
#3
MyBookie Sportsbook
Safe And Secure Betting On TBT
If safety and reliability is your thing when it comes to a legal online betting site that takes TBT betting, look no further than MyBookie. At MyBookie, you can assure yourself that your experience will be safe thanks to their customer service operations that run 24/7. On the backend, they have several encrypted links that protect you and your personal information while using the site as well as their servers that are storing that information as well.
Ratings:
- Huge Player Bonuses
- Consistent Odds
- Easy Interface
- Rapid Live Betting
- Legal In Hawaii
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
- Bovada: 50% Welcome Bonus up to $250
- Bovada: 75% Crypto Welcome Bonus up to $750
- BetOnline: 50% First Deposit Bonus up to $1,000
- BetOnline: 100% Crypto $1,000 First Deposit Bonus
- MyBookie: $1,000 Sign Up Bonuses 50% First Deposit Match
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: |
|---|---|---|
| 2024 | Carmen’s Crew | Forever Coogs |
| 2023 | Heartfire | Bleed Green |
| 2022 | Blue Collar U | Austin Army |
| 2021 | Boeheim’s Army | Team 23 |
| 2020 | Golden Eagles | Sideline Cancer |
| 2019 | Carmen’s Crew | Golden Eagles |
| 2018 | Overseas Elite | Eberlein Drive |
| 2017 | Overseas Elite | Team Challenge ALS |
| 2016 | Overseas Elite | Team Colorado |
| 2015 | Overseas Elite | Team 23 |
| 2014 | Notre Dame Fighting Alumni | Team Barstool |