The NCAA basketball tournament is a huge betting event each year, even up here in Canada. Filling out NCAA tournament brackets in a variety of contests has become the norm for Canadian sports fans, and this exposure creates a lot of betting interest in the tournament.
I personally don’t follow college basketball during the season, but I binge watch (and bet) the NCAA tournament. The games are exciting and the single elimination aspect adds a ton of pressure to each single game and play. I know there are a lot of others like me who enjoy their weekends in March more because of the college basketball action.
On this page I will outline the best sportsbook for betting on the NCAA tournament, look at the pre-tournament odds and provide a 3 step guide to getting bets placed online for this years March Madness.
Top Rated Sportsbook for Canadians
| Sportsbook | Offers | Visit |
|---|---|---|
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See Website For Details | Visit |
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See Website for Details | Visit |
Sports Interaction and Bet365 are our top rated betting sites for Canadians. They are both licensed by iGaming Ontario to operate in the regulated Ontario gaming market, while also operating in the rest of Canada.
Both sites are very focused on the Canadian sports betting market and have built their product with Canadian customers in mind. This includes bet offerings, customer service and deposit/withdrawal options geared towards Canadians.
**Bet365.com is running a Bracket Challenge with $250,000 in cash prizes. The bracket is open to all Canadians with a Bet365 account. Here’s a full list of March Madness bracket contests open to Canadians.
NCAA Tournament Champion Odds
Here is a comparison of the odds to win the 2025-26 NCAA Basketball Championship from Sports Interaction and Bet365. These odds were taken after Selection Sunday (odds taken on March 17th). The odds will change throughout the tournament.
To see the updated odds head over to SportsInteraction.com and select ‘Basketball’ -> ‘Events’ -> ‘NCAAM’ -> ‘Futures’ or head to Bet365.com and select ‘Basketball’ -> ‘Futures’ -> ‘To Win Outright’ under the NCAAB Div 1 Tournament header.
*Odds accurate as of March 17th, 2026.
| Team | Seed | Bet365 | Sports Interaction |
|---|---|---|---|
| Duke | 1 | +325 | +300 |
| Michigan | 1 | +350 | +350 |
| Arizona | 1 | +400 | +400 |
| Florida | 1 | +750 | +650 |
| Houston | 2 | +1000 | +1000 |
| Iowa State | 2 | +1800 | +1600 |
| Illinois | 3 | +2200 | +2000 |
| UConn | 2 | +2800 | +2200 |
| Purdue | 2 | +2500 | +2500 |
| Arkansas | 4 | +5000 | +5000 |
| Kansas | 4 | +6000 | +5000 |
| Michigan State | 3 | +5000 | +5000 |
| Gonzaga | 3 | +6000 | +5500 |
| St. John’s | 5 | +7500 | +6600 |
| Wisconsin | 5 | +10000 | +6600 |
| Vanderbilt | 5 | +7500 | +6600 |
I included the 16 teams with odds of 66-1 or better at SportsInteraction.com in the screenshot.
As you can see Duke, Michigan, and Arizona are the current favourites at odds of between 3-1 and 4-1, while Florida and Houston round out the top contenders. It would not be a surprise if one of these 5 favorites did not win the tourney.
All it takes is a quality team catching fire at the right time to win the tournament.
Bet On March Madness From Canada – How To Guide
Follow this simple 3 step guide to get your bets placed on any NCAA March Madness game this year. I will be using SportsInteraction.com for this guide, but as you can see from the above odds comparison it’s important to check different Canadian sportsbooks to ensure you get the best return on your wagers.
Step 1. Open an Account at SportsInteraction.com
Sports Interaction is our top rated betting site for Canadians. As I mentioned earlier they are 100% focused on the Canadian marketplace and this allows them to offer the best sports betting experience for Canadian customers.
If you don’t think SIA is for you, Bet365.com is our other top rated site. Check out our sportsbook review section for full breakdowns of all of our recommended betting sites for Canadians.
Step 2. Fund Your Account
Sports Interaction accepts Interac e-Transfer (recommended), Visa, MasterCard, ApplePay, Online Banking, and paysafecard deposit options.
***Interac E-Transfer is our recommended deposit/withdrawal option for Canadians. It’s as easy as e-transferring money to a friend, and you aren’t dinged with any cash advance fees, which can apply if depositing with a credit card.
Step 3. Place Your March Madness Bets
Once on the Sports Interaction website you should select ‘Basketball’, ‘Events’ and ‘NCAAM’ from the left sidebar. Select the odds of the bet you want to place to add it to your Bet Slip. Enter your stake amount on the Bet Slip and click ‘Place Bet’ to make your wager..
Check out our basketball betting section to learn more about the various bets you can make on an individual game including the point spread, money line, over/under, etc.
That’s it! If you’re ready to bet click here to visit SportsInteraction.com or here to visit Bet365.com.
College Basketball • March Madness • March madness betting • NCAA Basketball • NCAA Tournament