March Madness 2026 betting: Top underdog picks in the First Round | amNewYork

"The most notable restriction is a ban on wagers involving schools based in New York State. Therefore, cross off the four schools from New York from the betting card this weekend: Hofstra, Long Island University, St. John's and Siena. They should not be options on reputable betting sites like DraftKings and/or Bet MGM when accessed inside the state."

"New York residents are not permitted to place wagers on player props, such as individual points and/or assists during tournament games. This leaves the ability for placing wagers on point spreads (plus/minus), moneylines, and game totals. Bets on Tournament Futures, such as a wager on teams landing in the Final Four Teams, are allowed."

The 2026 NCAA Men's Basketball Tournament begins with March Madness offering exciting betting opportunities for New York sports fans. However, New York-based bettors must navigate specific restrictions. Wagering is prohibited on four New York schools: Hofstra, Long Island University, St. John's, and Siena. Additionally, player prop bets involving individual statistics like points and assists are banned for tournament games. Permitted wagers include point spreads, moneylines, game totals, and tournament futures such as Final Four predictions, provided they exclude New York-based teams. No restrictions apply to games at KeyBank Center in Buffalo since none of the eight participating teams originate from New York.

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