Selection Sunday: What to Look For
NCAA Men’s College Basketball Tournament Selection Sunday is on March 11. By late afternoon, online bookie agents and sports bettors will know which 64 teams have garnered bids to the Big Dance.
At that point, handicappers will start the process of figuring out who covers in all 32 Round 1 games.
Will bookies do the same? Not exactly. Bookies are preparing for Selection Sunday.
How Bookie Are Preparing for Selection Sunday
Michigan State 8/1
After the Duke Blue Devils beat the North Carolina Tar Heels last Saturday, every pay per head agent on the planet expected Duke’s odds to drop significantly. On Feb. 26,
Duke was an 8/1 shot to win the NCAA Men’s College Basketball Tournament. Duke is now a solid second choice at 5/1.
Duke’s odds movement is a great example to illustrate how bookies are preparing for Selection Sunday on March 11. The Blue Devils went up to 8/1 because they dropped a game to the Virginia Tech Hokies.
Online Bookies Prepare For Duke
This past Saturday, Duke beat their biggest rival, the North Carolina Tar Heels. The odds went directly from 8/1 to 5/1.
Duke’s odds, no doubt, will go down to 3/1 or worse should they win this week’s ACC Conference Tournament.
Why? If the Blue Devils win the ACC Tournament, they’re assured a 1-seed in the NCAA Men’s College Basketball Tournament.
1-seeds, in theory, have a much easier time winning the NCAA Basketball Tournament than any other seeds.
Most per head agents figure to have adjusted, and will adjust, max betting limits on Duke as their odds depreciate. Check out the below table:
Duke at 8/1 = $100 max betting limit
Duke at 5/1 = $200 max betting limit
Duke at 3/1 = $300 max betting limit
That’s how online bookies are preparing in anticipation that Duke wins this week’s ACC Conference Tournament. For sports bettors, grabbing higher odds is always better than betting more on lower odds.
Sports bettors that prefer any team to win the NCAA Men’s College Basketball Tournament shouldn’t hesitate.
They should bet on the teams they like right now before odds go down while betting limits rise.
Those sports bettors that are ready to take the entrepreneurial leap into the online bookie business can do so right now, before Selection Sunday.
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