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Each year - except for 2020, when the COVID-19 pandemic caused the cancellation of the tournament - the tourney stands alongside the Super Bowl as the most popular sports betting events in the U. S. Between $500-$999 - 16% Between $50-$99 - 15% While 24% of bettors have wagered on more than 10 games during this year's tournament, the vast majority (63%) have bet on between three and 10 games. 54% of NCAA Tournament bettors placed a wager on the First Round (Round of 64), the most of any round to date.