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Americans were expected to wager over $3 billion on ‘March Madness’ this year as brands capitalize on the event

2025.05.17 04:02:26 Minsoo Park
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[Two college basketball players tussle on the court. Photo Credit to Pexels]

As the 2025 NCAA Men’s Basketball Tournament approaches, American fans are projected to wager $3.1 billion in bets, underscoring the tournament’s growing influence on sports culture and marketing.

Each spring, March Madness captivates millions across the nation—not just as a sporting event, but as a cultural phenomenon. 

According to the NCAA, nearly 68 million Americans are expected to complete brackets this year, with total gambling spending reaching an estimated $3.1 billion. 

This bracket frenzy intensifies fan engagement while offering major marketing opportunities for brands looking to connect with a passionate, sports-driven audience.

‘March Madness’ is among the most popular sports events in the United States, drawing millions of viewers every year, and is one of the most popular events to bet on for Americans. 

March Madness refers to that time of year (usually mid-March through the beginning of April) when the National Collegiate Athletic Association (NCAA) men's and women's college basketball tournaments are held.

During this time, hundreds of college basketball teams from across the US compete to earn a spot in the tournament. 

Despite being just a college tournament, it commands national attention thanks to its intensity, drama, and unpredictable outcomes, leading to a lot of money being wagered.

What allows fans to interact, enjoy, and ultimately place bets on the games is the NCAA official website, which allows fans to create and share tournament brackets, turning the event into a nationwide social activity.

Friends, families, classmates, and even coworkers compete to see who can best predict the winners, making the event more than just about sports, and putting real money on the line.

These brackets foster social connection,  bringing people together, encouraging interaction and excitement among casual fans and hardcore followers alike.

Many people rely on intuition- pure gut feelings, favorite colors, mascot strength, or even which team “just feels right.”.

This year, more fans than ever are relying on “vibes,” friendships, and instincts over facts or statistics to fill out their NCAA brackets.

The reason why betting on March Madness has gained such  widespread appeal  is due to the fact that everyone can feel included; classmates, friends, and family all have the chance to pick a winner. 

Even those unfamiliar with basketball, filling out a bracket lets them feel included in the March Madness excitement.

In addition to the massive amount of money being wagered, these brackets have boosted the popularity of college basketball, with major sports brands and businesses using March Madness to advertise and boost their visibility.

Companies such as  Nike, Adidas, and even non-sports brands use themed promotions and sponsorships to connect with the tournament’s massive audience and the large amounts of money being spent in relation to the event. 

The event provides a valuable platform for these brands to increase exposure and build long-term brand loyalty.

One notable example was Snapchat, which leveraged March Madness by using their social platform to allow users to interact with fresh content, explore new perspectives, people and products, and experience action in real-time.

This offered an alternative to the traditionally televised event, with Snapchat's app opening up ‘second screen’ engagements, and providing a new way for fans to experience live events. 

Nike also capitalized on the momentum by reinforcing their position in sneaker culture by offering special versions of their famous Air Force 1s and Dunk Lows based on the colleges within the tournament. 

Nike teamed up with students from 68 colleges in the NCAA tournament to design their own custom sneakers.

Each school got a chance to create special versions of Nike’s sneakers, adding school colors, mascots, and campus-inspired graphics.

These were then shared over social media, gaining hype and attention due to the release coinciding with the March Madness event. 

March Madness 2025, with its vast betting numbers and surging popularity, has opened up new possibilities for both fan engagement and brand exposure. 

While some  critics argue  that gambling on such a massive scale can be  problematic,  many also recognize March Madness’ power to also bring  communities together, leading to interactions between fans and brands as a result. 

In the future, fans and brands alike will be eager to be involved in events such as March Madness, as it offers the ideal blend of fan engagement and brand exposure opportunities. 

Minsoo Park / Grade 11
Duluth Marshall High School