How Bookies Protect Profit in March

March Madness Odds Update & How Bookies Protect Profit

Round 1 and Round 2 of the NCAA Men’s College Basketball Tournament provided huge upsets.

Upsets were so big that odds makers had to readjust the Men’s Basketball Tournament odds on teams to win March Madness.

Sports bettors, no doubt, have decided on whom they feel cuts down the nets at this year’s Final Four.

Online bookies have already made the necessary adjustments to protect future book betting profit. See below for updated odds.

Then, keep reading to find out what bookies are doing to protect NCAA Men’s College Basketball Tournament championship profit.

2018 NCAA College Basketball Updated Odds

Duke                            +325

Villanova                      +425

Kentucky                     +700

Gonzaga                       +700

Michigan                      +800

Kansas                         +850

What Online Bookies May Do 

Per at least one reputable sportsbook, the Duke Blue Devils are favorites to win the College Basketball National Championship. That’s not necessarily the case for all sportsbooks.

Some sportsbooks have Villanova as the favorite. One sportsbook has Villanova as a +300 favorite. Duke is second choice at +350.

If Duke and Villanova were to both win their respective region, they’d face each other in a Final Four Semifinal.

What that means is that most sports bettors will find value in Kentucky, Gonzaga, Michigan, or any other team left in the Sweet 16 on the other side of Villanova and Duke’s bracket.

The other five teams in the opposite bracket to Duke and Villanova are:  Texas A&M +2500, Nevada +2500, Kansas State +2800, Florida State +40000, Loyola-Chicago +50000.

Sports bettors will decide on their own whom they believe deserves their future book money. For pay per head agents, what they must do is simpler.

Pay per head agents only must assign max betting limits on all 16 teams left in the 2018 NCAA Men’s College Basketball Tournament.

In most cases, per head agents will assign max betting limits based on tiers. Sports bettors might find max betting limits on Duke and Villanova at $300. Kentucky, Gonzaga, Michigan, and Kansas might have max betting limits of $200.

Some bookies could assign max betting limits of $100 for everyone else. There might be some risk taking bookmakers that allow bettors to wager $500 or more on the longest shots on the board.

The reason is because the chances of Florida State, Loyola-Chicago, or Syracuse winning the College Basketball National Championship are almost non-existent.

That’s how online bookies will play it. Don’t be surprised if you can’t bet as much as you’d like on the team you believe will win March Madness. 

Handicappers Become Bookies

Handicappers and sports bettors who think they can do better than their bookies should become the bookies.

PayPerHead.com has the resources you need to become a successful pay per head agent. Their in house linesmakers and premium white-labelled software helps bookies of any level create and manage their sportsbook empire.

Only during March Madness, those who sign up with PayPerHead will get their Prime Package for half the price. There’s no better time than now to upgrade your status from sports bettor to pro-bookie.

Find out more, and start your own sportsbook today. 

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