Colorado’s total sports betting handle surpassed $505 million in March thanks to pro basketball and the NCAA tournament, according to the state’s most recent figures.

The total handle represents a year-over-year climb of 68% from March 2021, according to the Colorado Department of Revenue’s (DOR) data. It’s also up from $440 million wagered in February.

For the current fiscal year, more than $3.7 billion has been wagered on sports in Colorado, an 86% increase from the previous year.

“Because of the popularity of the NCAA tournament, sportsbooks count March as the last big spike in action before betting slows down for the summer,” Ken Pomponio, an analyst at PlayColorado.com, said in a statement.