March Madness 2016 Betting Odds: Kentucky, Kansas, North Carolina Among Favorites
Sixty-eight teams officially have a chance to win the 2016 NCAA Tournament, and this year’s March Madness field appears to be wide open. In a season that’s seen some of the nation’s top teams lose on a weekly basis, several teams have similar betting odds to win the national championship.
Kansas is the No.1 overall seed in the tournament and they lead the way with +500 title odds, and they are tied with Michigan State, who is a No.2 seed in the Midwest region. The Spartans’ odds are more than two times better than that of Virginia, who is the No.1 seed in the same region.
Four teams have +1000 odds or better to win the title, and only two are No.1 seeds. North Carolina and their +700 odds are the top seed in the East, while Kentucky has +1000 odds as the No.4 seed in the same region. The Wildcats began the season ranked No.2 in the AP Top 25 Poll, just behind the Tar Heels. Duke has the next best odds of any No.4 seed at +2000.
The East might the toughest region in the tournament, according to the betting odds. North Carolina, Kentucky, Xavier and West Virginia give the East four of the top 11 teams in the entire field.
After winning the Pac-12 regular-season title and conference championship, Oregon has the worst odds of any No.1 seed at +1400. Villanova entered conference championship week ranked third in the nation, but seven teams have better odds than the Wildcats.
Villanova made history in 1985 when the No.8 seed Wildcats became the lowest seed to ever win the tournament. Colorado, USC and St. Joseph’s all have +20000 odds as No.8 seeds. The Connecticut Huskies won it all as a No.7 seed two years ago, and Iowa is considered to be the most dangerous No.7 seed with +4000 odds. The Hawkeyes were thought to be a threat to land a No.1 seed just a few weeks ago when they ranked fourth in the top 25.
Teams like Syracuse and Tulsa were controversial picks to make the Big Dance, but they aren’t considered real threats to win the tournament. The Orange have +15000 betting odds as a No.10 seed, and the Golden Hurricane could have trouble winning just one game with +50000 odds to win the title.
No team seeded No.12 or lower has ever reached the Final Four, and No. 12 Chattanooga has been given the best odds to make history at +30000. Three No.11 seeds have reached the Final Four, most recently in 2011 when VCU did it. No.11 Gonzaga has +10000 championship odds, and only 29 of the 68 teams have better odds than the Bulldogs.
Sixteen teams are tied for being the biggest longshots with +100000 odds. Stephen F. Austin is the only team seeded No.13-No.16 that isn’t included in that group, and the Lumberjacks have +50000 odds in their third straight tournament appearance.
NCAA Tournament Betting Odds [Bovada]
Michigan State +500
Kansas +500
North Carolina +700
Kentucky +1000
Virginia +1200
Oregon +1400
Oklahoma +1600
Villanova +1800
Duke +2000
West Virginia +2500
Xavier +2500
California +2800
Miami (Florida) +2800
Indiana +3300
Maryland +3300
Purdue +3300
Arizona +3300
Texas A&M +4000
Iowa State +4000
Utah +4000
UCONN +4000
Iowa +4000
Wichita State +4000
Baylor +5000
Providence +5000
Wisconsin +5000
Texas +5000
Seton Hall +5000
Notre Dame +6600
Dayton +10000
Gonzaga +10000
Cincinnati +10000
Oregon State +10000
Michigan +10000
Vanderbilt +10000
Butler +15000
Syracuse +15000
Colorado +20000
VCU +20000
USC +20000
St. Joseph’s +20000
Pittsburgh +20000
Texas Tech +30000
Northern Iowa +30000
Chattanooga +30000
Hawaii +50000
Tulsa +50000
Buffalo +50000
Fresno State +50000
Stephen F. Austin +50000
Temple +50000
Arkansas Little Rock +50000
Green Bay +100000
Stony Brook +100000
Iona +100000
Middle Tennessee State +100000
South Dakota State +100000
Yale +100000
UNC Wilmington +100000
UNC Ashville +100000
Southern U +100000
Hampton +100000
Florida Gulf Coast +100000
Fairleigh Dickinson +100000
CSU Bakersfield +100000
Austin Peay +100000
Weber State +100000
Holy Cross +100000
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