What is March Madness?

March Madness is the NCAA Division I Men's Basketball Tournament, a 68-team single-elimination bracket tournament held each spring. The Round of 32 features 16 games across four regions: East, West, South, and Midwest.

How do spread bets work on L2L?

On L2L you buy shares on whether a team covers the spread. If the favorite is -7.5, you bet they win by 8 or more. Each winning share pays $1.00. You can sell your shares at any time before settlement.

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March Madness Markets

Trade spreads, totals & futures on every Round of 32 matchup. Zero juice peer-to-peer pricing — odds update live.

CFTC Regulated

Buy & Sell Anytime

Zero Juice

All 50 States

Live Games

Round of 32

$4.6M

24h Volume

Futures

Player Props

Odds updated 5s ago

Spreads & Totals — Round of 322 LIVE

Click any line to add to your bet slip

LIVE2nd Half • 6:22

West • Round of 32

#9Saint Louis

#1Michigan

Vol: $384K

SpreadMoney Line

Saint Louis

Michigan

LIVE1st Half • 11:05

West • Round of 32

#11Texas

#3Gonzaga

Vol: $218K

SpreadMoney Line

Texas

Gonzaga

Mar 21 • 5:15 PM ET

East • Round of 32

#6Louisville

#3Michigan State

Vol: $197K

SpreadMoney Line

Louisville

Michigan State

Mar 21 • 7:45 PM ET

East • Round of 32

#9TCU

#1Duke

Vol: $341K

SpreadMoney Line

TCU

Duke

Mar 21 • 6:30 PM ET

South • Round of 32

#10Texas A&M

#2Houston

Vol: $256K

SpreadMoney Line

Texas A&M

Houston

Mar 21 • 9:00 PM ET

South • Round of 32

#12High Point

#4Arkansas

Vol: $164K

SpreadMoney Line

High Point

Arkansas

Mar 21 • 4:30 PM ET

Midwest • Round of 32

#4Nebraska

#5Vanderbilt

Vol: $143K

SpreadMoney Line

Nebraska

Vanderbilt

Mar 21 • 8:45 PM ET

Midwest • Round of 32

#11VCU

#3Illinois

Vol: $188K

SpreadMoney Line

VCU

Illinois

Mar 22 • 12:15 PM ET

West • Round of 32

#9Utah State

#1Arizona

Vol: $302K

SpreadMoney Line

Utah State

Arizona

Mar 22 • 5:15 PM ET

West • Round of 32

#3Virginia

#6Tennessee

Vol: $211K

SpreadMoney Line

Virginia

Tennessee

Mar 22 • 2:45 PM ET

East • Round of 32

#7Miami FL

#2Purdue

Vol: $178K

SpreadMoney Line

Miami FL

Purdue

Mar 22 • 7:30 PM ET

East • Round of 32

#7UCLA

#2UConn

Vol: $289K

SpreadMoney Line

UCLA

UConn

Mar 22 • 4:30 PM ET

South • Round of 32

#9Iowa

#1Florida

Vol: $267K

SpreadMoney Line

Iowa

Florida

Mar 22 • 9:30 PM ET

South • Round of 32

#5Texas Tech

#4Alabama

Vol: $152K

SpreadMoney Line

Texas Tech

Alabama

Mar 22 • 3:00 PM ET

Midwest • Round of 32

#7Kentucky

#2Iowa State

Vol: $224K

SpreadMoney Line

Kentucky

Iowa State

Mar 22 • 8:00 PM ET

Midwest • Round of 32

#4Kansas

#5St. John's

Vol: $193K

SpreadMoney Line

Kansas

St. John's

Futures Markets

Championship winner, Final Four, and regional winner odds

ChampionshipVol: $2.4M

NCAA Championship Winner

#1ArizonaWest

+340

22%

#1MichiganWest

+370

21%

#1DukeEast

+450

18%

#1FloridaSouth

+800

11%

#2HoustonSouth

+900

10%

#2Iowa StateMidwest

+1300

#2UConnEast

+1900

#3GonzagaWest

+3100

#5St. John'sMidwest

+4800

Field

+8500

Selected: Arizona

+340 · 22%

Final FourVol: $641K

Final Four — East Region

#1DukeEast

+108

48%

#2PurdueEast

+317

24%

#2UConnEast

+426

19%

#3Michigan StateEast

+1011

Selected: Duke

+108 · 48%

Final FourVol: $587K

Final Four — West Region

#1ArizonaWest

+127

44%

#1MichiganWest

+203

33%

#3GonzagaWest

+567

15%

#6TennesseeWest

+1150

Selected: Arizona

+127 · 44%

Final FourVol: $512K

Final Four — South Region

#1FloridaSouth

+156

39%

#2HoustonSouth

+223

31%

#4ArkansasSouth

+488

17%

#4AlabamaSouth

+669

13%

Selected: Florida

+156 · 39%

Final FourVol: $478K

Final Four — Midwest Region

#2Iowa StateMidwest

+170

37%

#3IllinoisMidwest

+257

28%

#5St. John'sMidwest

+376

21%

#5VanderbiltMidwest

+614

14%

Selected: Iowa State

+170 · 37%

Player Props — Round of 32

Points, rebounds, assists and more

Cooper Flagg

Duke · Round of 32

Duke vs TCU

Vol: $128K

Points

22.5

Cooper Flagg

Duke · Round of 32

Duke vs TCU

Vol: $74K

Rebounds

8.5

LJ Cryer

Houston · Round of 32

Houston vs Texas A&M

Vol: $61K

Points

16.5

Caleb Love

Arizona · Round of 32

Arizona vs Utah State

Vol: $88K

Points

18.5

Caleb Love

Arizona · Round of 32

Arizona vs Utah State

Vol: $52K

3-Pointers Made

2.5

Ryan Nembhard

Gonzaga · Round of 32

Gonzaga vs Texas

Vol: $44K

Assists

5.5

Walter Clayton Jr.

Florida · Round of 32

Florida vs Iowa

Vol: $67K

Points

17.5

Tyson Walker

Michigan State · Round of 32

Michigan State vs Louisville

Vol: $39K

Points + Assists

22.5

Tamin Lipsey

Iowa State · Round of 32

Iowa State vs Kentucky

Vol: $35K

Assists

4.5

Roddy Gayle Jr.

Michigan · Round of 32

Michigan vs Saint Louis

Vol: $29K

Points

14.5

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