CIRCA SPORTS RELEASES MARKETS FOR COLLEGE BASKETBALL TOURNAMENT
Odds to Win the Tournament and Conference Wins Released Among Other Props
After the official bracket was released on Sunday, the oddsmakers at Circa Sports – a leading authority in sports betting – got to work updating the national championship odds and created new odds surrounding the final weekend of the season.
Duke, who has been the favorite for the past few weeks, continues to be the favorite at Circa Sports. Since the conference tournaments, the big change has been the rise of Florida, the SEC tournament winners. They earned a 1-seed and are now the second-favorite at +350 to win the championship. Auburn and Houston, the other 1-seeds in the tournament, follow behind Florida.
The favorites to win the championship at Circa Sports include:
- Duke +325
- Florida +350
- Auburn +400
- Houston +575
- Alabama +1600
- Tennessee +1800
- Michigan St +2200
- St. Johns +2200
- Texas Tech +3000
- Iowa State +3200
- Arizona +4000
- Gonzaga +4000
- Wisconsin +4500
- Maryland +5000
Circa Sports has put out and will continue releasing a number of props surrounding the tournament. The first market revolves around the total number of wins various conferences will achieve. This market includes the first four games. With 14 teams in the tournament, the SEC has an incredibly high number set at 20.5.
The conference total win bets include:
- ACC: 6.5 (OV: -140, UN: +120)
- Big Ten: 11.5 (OV: -125, UN: +105)
- Big 12: 11.5 (OV: -130, UN: +110)
- Big East: 5.5 (OV: +115, UN: -135)
- Mountain West: 2.5 (OV: +130, UN: -150)
- SEC: 20.5 (OV: +110, UN: -130)
- West Coast: 2 (OV: -110, UN: -110)
Bettors can wager on which seed will win the tournament. There is a perception that this year is top-heavy which is reflected in the odds. 1-seeds sit at a whopping -270 to win the tournament this year.
The odds regarding which seed will win the tournament at Circa Sports include:
- 1 seed: -270
- 2 seed: +455
- 3 seed: +1400
- 4 seed: +1400
- 5 seed: +3000
- 6 seed: +3000
- 7 seed: +3500
- 8 seed: +3000
Additionally, bettors can wager on which region the championship team will come out of. The East, containing the overall favorite Duke, is the favorite in this market. The West, with Florida, St. John’s, Texas Tech and Maryland, follows behind.
The odds for the championship-winning region include:
- East +235
- West +275
- Midwest +280
- South +310
Upset props are also included in the markets at Circa Sports. If a bettor wants to wager on upsets happening but doesn’t know specifically which upsets they want to call, they have the opportunity to bet on specific seeds winning a game in the tournament. There are odds on 13, 14, 15 and 16 seeds winning games.
Upset odds at Circa Sports include:
- Will a 13 seed win a game? Yes -130 No +110
- Will a 14 seed win a game? Yes +215 No -250
- Will a 15 seed win a game? Yes +600 No -850
- Will a 16 seed win a game? Yes +2000 No -5800
About Circa Sports
Helmed by casino owner and downtown Las Vegas developer Derek Stevens, Circa Sports is blazing a new trail in the gaming industry by combining customer-first approach to business with a team of the country’s top oddsmakers. Circa Sports boasts one of the most competitive wagering menus in the country and is a leader in the city for sports futures. The venture currently offers physical betting locations in the world’s largest sportsbook at Circa Resort & Casino, along with three additional southern Nevada locations; a book in Legends Bay Casino in Sparks, Nev; and a brick-and-mortar book in American Place in Waukegan, Ill. Its mobile offerings are currently available in Nevada, Iowa, Colorado and Illinois, and has launched in Kentucky in partnership with Cumberland Run in Corbin. For more information, visit CircaSports.com.