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North Carolina March Madness Betting: Bracketology 101

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Written by Dave Garofolo
North Carolina March Madness Betting: Bracketology 101

Anticipation for March Madness 2024 is growing, with the selection process playing a crucial role in shaping the tournament's landscape. The NCAA Division I Men’s Basketball Committee is responsible for selecting, seeding, and placing the 68 teams in the bracket, aiming for fairness and competitiveness. 

This article examines the selection process and underscores the importance of key ACC team outlooks, which carry significant implications for their chances of reaching the 2024 March Madness Tournament, made all the more important ahead of North Carolina's March 11 sports betting launch.

RELATED: The Biggest Questions Around North Carolina Betting Launch

2024 NCAA Tournament Selection Process Overview

The NCAA Tournament's selection process unfolds in three phases:

  • Selecting the 36 best at-large teams
  • Seeding the 68-team field
  • Placing teams into the championship bracket.

The committee follows principles to ensure competitive balance, unbiased discussions, and secret ballots to maintain process integrity.

Additionally, the committee utilizes resources such as game observations, conference monitoring calls, and various metrics for an informed selection process. Members reach consensus on team selection and seeding, emphasizing the importance of each game leading up to the tournament.

First March Madness Tournament for North Carolina Residents to Bet On

This year brings a special aura to the NCAA Division I Tournament as residents in North Carolina will finally be able to legally bet on their favorite teams, including whether to make the tournament, reach the Final Four or win it all.

2024 NCAA Tournament Futures: Dimers' Best Odds to Win the Tournament

As this marks a big transition for the Tar Heel State, bettors will have an ample number of new-user sign-up offers, many of which come with a bonus for signing up before launch day.

North Carolina Pre-Launch Promos

Sportsbook
NC Pre-Launch Promo
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FanDuel Sportsbook
Up to $300 in Bonus Bets
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DraftKings Sportsbook
Up to $300 in Bonus Bets
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BetMGM Sportsbook
$200 in Bonus Bets
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bet365 Sportsbook
Up to $300 Bonus Bets
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Fanatics Sportsbook
$100 pre-launch bonus, hat of your choice, and up to $1,000 in bonus bets
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For more information on the offers above, as well as comprehensive sportsbook reviews, please visit Dimers' Best Sportsbooks section to learn the pros and cons of joining each sportsbooks that will go live in NC.


The Importance of the March Madness Selection Process on North Carolina Betting Launch

Below are the current probabilities to make the March Madness tournament for the major North Carolina collegiate teams from the A.C.C via TeamRankings.com, as well as Dimers' probabilities to win the NCAA Division 1 Tournament.

North Carolina

Reach Tournament: 100% probability

Win Tournament: 3.2%

Duke

Reach Tournament: 100% probability

Win Tournament: 2.7%

Wake Forest

Reach Tournament: 14.5% probability

Win Tournament: 0.4%

NC State

Reach Tournament: 1% probability

Win Tournament: 0.1%

Impact on A.C.C. Basketball and Conference Tournament

The outcomes of these matchups affect not only the participating teams but also the entire ACC. The conference is expected to secure around four bids, making every game critical as teams vie for position and seek to bolster their tournament cases.

The ACC's depth and competitiveness mean that every game carries weight, potentially altering the conference's March Madness representation.

Dimers’ North Carolina Betting Resources

North Carolina Sportsbook Pre-Launch Promos

North Carolina Betting FAQ

Best DFS Promos in North Carolina

Our Best Reviewed Sportsbooks

March Madness Futures Predictions

ACC Tournament Player Prop Betting

Dimers and Responsible Gambling

Please remember to enjoy gambling responsibly. Responsible gambling means setting limits, staying in control, and understanding that luck is just part of the game. Make informed choices, set a budget, and know when to take a break. If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER.

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Written by
Dave Garofolo
Content Producer

Dave Garofolo, a seasoned fantasy sports and betting enthusiast with a special affection for MLB and NFL, crafts insightful game previews and betting props for NBA, MLB, NFL, NHL, NCAAM, and PGA TOUR tournaments.

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