Three March Madness Parlays to Make for Thursday March 16, 2023

With the NCAA Tournament and March Madness underway, what better way to win big than with a college basketball parlay. We put together three parlays with three different risk appetites (low/medium/high), sourced from the Dimers Parlay Picker for Thursday. You can build your own as well! Read on for the full College Basketball parlay analysis below. Take a look at our full 2023 March Madness Guide as well to get everything you need to win money on college basketball games this week.

RELATED: Dimers' Free Parlay Generator: The Best Sports Betting Tool for Bettors

College Basketball Parlay #1: Low-Risk

THREE-LEG PARLAY PICKS	ODDS
Virginia Moneyline vs. Furman	-245
Duke Moneyline vs. Oral Roberts	-265
Northwestern Moneyline vs. Boise State	-125

Three moneyline favorites for our low-risk parlay, and all three are favorites for good reason. After a year off from the NCAA Tournament last season, Virginia is back in with a veteran core that certainly feels like it has something to prove.

They will have a good chance to lock down Furman's Mike Bothwell and secure the victory. Likewise, Duke is under-seeded as a five-seed.

While Oral Roberts is a great Cinderella pick, Duke is the favorite here for a reason and the Blue Devils' talent is playing well at the right time, evidenced by their dominant ACC tournament run.

Last but not least in this first parlay, our model loves Northwestern over Boise State. Boo Buie and Chase Audige have been one of the best backcourts in the entire sport all season, and they will find ways to score against the stingy Boise defense.

College Basketball Parlay #2: Medium-Risk

THREE-LEG PARLAY PICKS	ODDS
Auburn Moneyline vs. Iowa	-115
Arkansas Moneyline vs. Illinois	-135
Northwestern Moneyline vs. Boise State	-125

For our medium-risk parlay, our Parlay Picker gave us three teams on moneylines that are closer to the pick-em range.

Auburn gets the benefit of going up against Iowa's Fran McCaffery, who just can't seem to find success in the NCAA Tournament no matter how much talent he has at his disposal.

In the next game, Arkansas is one of the only teams in the country with the talent to make Illinois look like an underdog, and the Illini are floundering right now after back to back losses to end the regular season.

Our model loves Northwestern so much, it went back to the well here, and we can't blame it!

College Basketball Parlay #3: High-Risk

THREE-LEG PARLAY PICKS	ODDS
Oral Roberts Moneyline vs. Duke	+225
Penn State Moneyline vs. Texas A&M	+135
Louisiana +11.5 vs. Tennessee	-105

A twist here, as the Parlay Picker hunts down a high-risk parlay with a huge payout on a small bet.

Oral Roberts moneyline, as opposed to Duke moneyline which we included in the low-risk parlay, is worth a shot if you're looking to paid underdogs together with a dream of a huge payout.

Oral Roberts' Max Abmas is the type of singular player who can beat anyone in the country, but he may need to do it himself. Next up is Penn State moneyline vs. Texas A&M, where the Nittany Lions and star guard Jalen Pickett will look to build on their impressive run last week in the Big Ten Tournament.

Lastly, Louisiana +11.5 is a nice play against the spread that we love. Tennessee lost their starting point guard Zakai Zeigler to injury, so the door is open for Lafayette to make it interesting. At +1372 odds, this is worth a sprinkle.

Your game not here? Find out who we're betting on for every basketball game on Thursday via our College Basketball Bet Hub, where we deliver you NBA predictions and suggested bets, or check out the College Basketball Betting News section.