Wagerallsports
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March Madness Over/Under Betting History
BETMGMCaleb Love’s missed three-point attempt at the buzzer of the 2022 national championship gave Kansas its fourth NCAA championship and capped another miserable tournament for over betting.
The over sucked in 2022 March Madness betting. It hit in 13 of the tournament’s first 19 games but missed in 31 of the final 48 games, including a 3-12 mark over the final two weekends. It missed by 11 points in the national championship.
If you bet $100 on the over in each of the 67 games in the 2022 NCAA Tournament, you would’ve lost $790, an ROI of -11.8%.
And that was a huge improvement from 2021.
Since 2018, the over is 119-144 (.452) in tournament games. In three of those four tournaments, the over’s ROI was -10% or worse.
The over hasn’t had a profitable tournament since 2017 (+16%), one of only three tournaments since 2005 with an ROI of +1% or better.
| Year | Over Record | ROI |
| 2022 | 31-36-0 | -11.8% |
| 2021 | 26-38-2 | -21.2% |
| 2019 | 33-33-1 | -3.9% |
| 2018 | 29-37-1 | -16.0% |
| 2017 | 40-26-1 | 16.0% |
| 2016 | 35-32-0 | 0.9% |
| 2015 | 30-34-3 | -9.7% |
| 2014 | 35-32-0 | 0.5% |
| 2013 | 34-33-0 | -1.4% |
| 2012 | 25-41-1 | -26.2% |
| 2011 | 31-33-3 | -5.4% |
| 2010 | 29-34-1 | -11.3% |
| 2009 | 36-27-1 | 11.6% |
| 2008 | 35-26-3 | 11.7% |
| 2007 | 31-33-0 | -5.4% |
| 2006 | 24-40-0 | -26.4% |
| 2005 | 31-33-0 | -6.0% |
