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As you would expect, Vegas doesn't like to roll with the underdogs. They know they won't get any action that way.
You aren't going to see Wichita State be picked to be the favorite in the tournament, because no one is going to want the return that picking the "underdog" would give them. So when you look at who is favored to win the NCAA Tournament, you see the familiar names.
Florida heads the list, followed by Michigan State, Louisville and Arizona. Yes, two teams seeded on the four line are picked better than half of the No. 1 seeds. This is the way things work.
Here are the top odds to win it all courtesy of Bovada:
Team | Seed | Odds |
Florida | No. 1 South | 11-2 |
Michigan State | No. 4 East | 7-1 |
Louisville | No. 4 Midwest | 13-2 |
Arizona | No. 1 West | 9-1 |
Virginia | No. 1 East | 10-1 |
Wichita State | No. 1 Midwest | 10-1 |
Kansas | No. 2 South | 10-1 |
Duke | No. 3 Midwest | 12-1 |
Wisconsin | No. 2 West | 20-1 |
Villanova | No. 2 East | 20-1 |
Michigan | No. 2 Midwest | 20-1 |
Syracuse | No. 3 South | 20-1 |
Creighton | No. 3 West | 20-1 |
So that isn't pretty, but if you still want to make some money on the mid-majors, here at the best bets, for each region, according to Bovada:
South Region:
Favorite: Florida, 9-5
Best Mid-Major Hope: VCU, 9-1
West Region:
Favorite: Arizona, 2-1
Best Mid-Major Hope: Gonzaga, 18-1
East Region:
Favorite: Michigan State, 5-2
Best Mid-Major Hope: George Washington, St. Joe's, Harvard, 50-1 (We told you this one was tough)
Midwest Region:
Favorite: Louisville, 8-5
Best Mid-Major Hope: Wichita State, 4-1
Next Best: Saint Louis, 20-1