+ A winning coach will certainly have the ability to train his boys well enough to fool the bookmaker.
+ Trend-based handicapping by team record is virtually useless in handicapping the NCAA tournament.
+ Don't bet on favorites just because they have a "name,"either.
+ Over half the winners (against the spread) in the entire tournament are underdogs.
+ Look at the coaching record in conference play but especially in tournament action.
+ Determine if the bookmaker's number is lopsided (usually because of media extensive or excessive coverage).
+ Look for team motivation. (Is there an also-ran from the previous year)
+ Look for teams that have had success with out-of-conference play
+ Be aware of injuries to key players and check out the bench's ability to compensate.

Read full article:
Gambling Online Magazine - http://www.gamblingonlinemagazine.com/articles/marchmadness_1.html

March Madness Handicapping (SportsBetCollegeBasketball)

Conference Tournanment Schedules (SportsBetCollegeBasketball)

Conference Tournanment Trends (SportsBetCollegeBasketball)

NBA Stats (SportsBetNBA)

NBA: Betting on basketball (SportsBetNBA)

Betting College Basketabll Conference Tournaments (SportsBetCollegeBasketball)

March Madness Betting Strategies #1 (SportsBetCollegeBasketball)

March Madness Betting Strategies #2 (SportsBetCollegeBasketball)

NCAA Tournament Underdogs (SportsBetCollegeBasketball)

2nd meetings in college basketabll (SportsBetCollegeBasketball)

College Basketabll Betting Strategies (SportsBetCollegeBasketball)

College Basketball Underdog Systems (SportsBetCollegeBasketball)

Half Time Betting (SportsBetCollegeBasketball)

Early Season Strength of Schedule in College Basketabll (SportsBetCollegeBasketball)

College Basketabll Home/Road Court Advantage (SportsBetCollegeBasketball)

2002 NCAA Tournament Schedule (SportsBetCollegeBasketball)

2002 NCAA Tournament Odds (SportsBetCollegeBasketball)

Money Management (SportsBetCollegeBasketball)

Stat Fox NBA Matchup (SportsBetNBA)

Stat Fox College Basketball Matchup (SportsBetCollegeBasketball)

Betting NBA Trends (SportsBetNBA)

2001 NIT Tournament Schedule SportsBetCollegeBasketball)

Odds To Win 2002 NBA Championship(SportsBetNBA)

NBA 2002 Regular Season Schedule(SportsBetNBA)