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Nearly all the online sports betting sites offer some form of March Madness contests and now the new New Jersey legalized wagering sites plan to do the same.
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From Gambling.com:
On Monday, 888sport announced a “March Madness Brackets” predictive game where players’ grids, as described by a company release, are "placeholders for teams that players bet on.” Meaning players are rewarded for correctly picking games like in a traditional bracket, with money, not pool points, the reward.
888sport subscribers will be awarded bet tokens for predicting a pre-determined numbers of winners in each round of the tournament: $5 for 6-11; $10 for 12–17; $15 for 18–25 and $50 for more than 25 in the first round. Increments increase through each round.
According to an 888 press release, to win additional free bets “participation requires the placement of a $50 bet per round, with cumulative odds of at least -200 to qualify.” All players who fulfill betting requirements will be given a $5 token after the first round.
- Gilbert Horowitz, Gambling911.com
