Updated NCAA Tournament Title Odds

Submitted by Dustinlo on
According to the latest odds from BetOnline.ag to win the National Championship, Michigan now has the fifth best odds to win it all at 9/1. Here are the the top 5 with Purdue and Ohio State thrown in: Villanova 9/2, Duke 5/1, Virginia 6/1, Michigan State 8/1, Michigan 9/1, Purdue 12/1, Ohio State 33/1. The entire list can be seen at either of the two following links: https://www.yahoo.com/sports/march-madness-2018-odds-win-222035888.html http://www.vegasinsider.com/college-basketball/odds/futures/

A2toGVSU

March 7th, 2018 at 2:27 PM ^

There are only a handful of teams out there even capable of beating Michigan right now. The defense is legit and Michigan has beaten quality teams without scorching the nets this year. Considering the fact that Michigan will play quality defense against anyone, won't turn the ball over against anyone, and will be able to find quality looks offensively no matter who they play, the only way to beat Michigan is to be physically and athletically overwhelming. There are only a handful of teams with rosters capable of doing that, and one of them is MSU. We saw how that turned out. Any team going against Michigan without an obvious edge in NBA talent and athletecism is going to lose. This team gives no margin for error to opponents with comparable or lesser talent.

Indy Pete - Go Blue

March 7th, 2018 at 1:36 PM ^

The team with the best odds is considered only 2 times more likely than Michigan to win the tournament.  I am actually loving this week off; just reveling in Michigan's surge and repeat championship - stress free!

username

March 7th, 2018 at 1:43 PM ^

I’ve watched nearly all of Nova’s games this year and don’t like their chances. I have no stats to back this up, but to the eye they seem to be the quintessential “we’ll outscore you team”. Their d has been pretty suspect all year and if their outside shots aren’t falling, they’re in trouble.

I’ve also watched nearly every Michigan game and their defense seems significantly better (again, I don’t have stats to support this). If the shots aren’t falling, I like their chances to win ugly.

In a one game tournament, I like Nova. But with the need to string together 6 good games, I’d put money on Michigan before Nova.

ThWard

March 7th, 2018 at 2:30 PM ^

But, you tune someone out for lack of credibility if they pick a 29-4 team in a Power 5 conference to win it all?

Miiiiight be going a touch too far. I'm guessing your view is influenced by watching them most closely against UM, who is really freaking good and also a bad matchup for MSU.

I won't have MSU getting to the E8 in my brackets, but one doesn't have to squint too hard to see a team stocked with talent that went 29-4 and, at their best, ran UNC off the court, have a shot at a run.

BigBlue02

March 7th, 2018 at 2:53 PM ^

Their resume looks just a bit better than St Mary’s, who is on the bubble. MSU has a similar record but against better competition. Beat Gonzaga. St Mary’s has a couple worse losses. The only reason MSU is looking to be a 2 seed and St Mary’s is on th bubble is because of the name

mfan_in_ohio

March 7th, 2018 at 3:23 PM ^

It's completely unjustifiable.  If Maryland drops below 75th in RPI (fairly likely), MSU will have zero quadrant 1 road wins, and will be 2-4 against quadrant 1.  No other team under consideration for a 2 or 3 seed is worse than 5-6 against quadrant 1.  Their profile is roughly comparable to Gonzaga, which has about the same record, including the same record against quads 1-2 combined.  Gonzaga also has three road wins that are better than MSU's Maryland win, and a neutral win over Ohio State that is arguably better than MSU's home win over Purdue.  What Gonzaga doesn't have is the win over UNC.  That said, I don't see how MSU is more than a couple spots above Gonzaga.  They just don't have the quality in their resume to be a 2 seed.

ldevon1

March 7th, 2018 at 3:24 PM ^

About Jaren Jackson. In your opinion, what is the best way to use him? The only way I see using him more would be to use up Miles Bridges minutes. They are most effective in the same position, because neither are very good ball handlers, and Miles is better. Both get in foul trouble, and aren't great defenders. He's a great shot blocker, but not much else.

TrueBlue2003

March 7th, 2018 at 4:11 PM ^

and it certainly doesn't have to come from Bridges.  It should come from Goins and Shilling's minutes.  No reason those guys should play as much as they do.

They also should be playing their small lineup more often.  The one they went to late against us with McQuaid at the 3, Bridges at the 4 and Jackson at the 5.  McQuaid hit a couple threes, Bridges was able to take it to the hole without Ward/Schilling clogging the lane, and it allows Jackson to be more of a rim protector (kind of like how we put DJ at the five down the stretch last year to get our best shot blocker closer to the rim).

There are many obvious ways to use him more effectively, but Izzo is stuck in the 90s playing two bigs because he thinks rebounding is the most important thing in basketball.

J.

March 7th, 2018 at 2:41 PM ^

That is exactly why that stat is meaningless.  Do you really believe Villanova has a slightly-above-average defense?

Michigan averages 63.5 ppg allowed at an raw tempo of 66.2 possessions per game (not opponent- or overtime-adjusted, so they should mesh with the NCAA's).  That's 0.959 ppp.  Villanova allows 71.2 ppg at a raw tempo of 71.6 possessions per game.  That's 0.995 ppp.  In a typical Michigan 65-possession game, that works out to a 2-point advantage for Michigan, and that's without adjusting for opponents.  Michigan has the better numbers, but the vast majority of the apparent difference is tempo.

TrueBlue2003

March 7th, 2018 at 2:51 PM ^

since those aren't tempo-free, or opponent adjusted.

But better stats still support the claim that Michigan has a better defense than Nova.

Michigan is 6th in kenpom.

Nova is 26th which isn't bad but not elite and not at the level that national champs are usually playing. It is Nova's worst defense in 5 years and would be the worst defense to win a national title since Uconn's Kemba Walker team made an improbable run through tourney in 2010 (and that team still finished with a top 15 defense, it just didn't enter with a top 25 unit).

I would agree that Nova either needs to step it up a notch on defense, and I don't see that happening because they lack elite length and athleticism (which that Unconn team had, they just didn't bother to rebound much in the regular season), or hope to outscore opponents.

EDIT: sorry, started writing this before the other response was posted.

Mitch Cumstein

March 7th, 2018 at 1:50 PM ^

I really don’t know what to do with them in my bracket. On one hand, I feel like I see them struggling as of late against some average teams. On the other hand, look at that ACC record. I can’t remember a team dominating like that. I’ve seen them play several times this year, their win at Duke may have been the most impressive win of season (given the way they took it to them on the road). Very torn.

Mike Damone

March 7th, 2018 at 1:52 PM ^

that our odds are better than those for Kansas and Xavier, two consensus #1 seeds.  In the case of Xavier - by a lot.

But I hate that we are behind Sparty in the eyes of Vegas oddsmakers.  Have they not been watching these teams over the past two weeks?  Lottery picks don't win games - great teams do.  And upside from talent at this time of year just becomes underachieving mediocrity - Sparty's destiny, IMO.

Go Blue!

vjtocco

March 7th, 2018 at 1:57 PM ^

When odds like this are posted, does it imply that we actually have a 1 in 9 chance to win? Or do the expected wagers factor in as well?

Meaning, if more and more people bet on Michigan, our odds would increase, right (to level out the money)? How much does this this affect the listed odds?

Alton

March 7th, 2018 at 2:23 PM ^

Michigan's implied percentage chance of winning is 10 percent (9:1 = 10%, 3:1 = 25%, 1:1 = 50%, etc.)

But if you add up every team's implied chance of winning, you will get something between 120 percent and 200 percent.  The reason should be obvious--if the casino over-rates every single team, that means every single bet is a bad bet and every bet will tend to make money for the casino.  So the amount of money being bet on Michigan is probably around 5% to 8%.

If 50 percent of the money is coming in on Michigan, of course they will lower Michigan's odds to whatever level it takes to smooth out the money coming in.

vjtocco

March 7th, 2018 at 2:27 PM ^

I was wondering if that was how the math works out, thanks for explaining!

So would it be fair to say that all this means is that people THINK we have a 10% chance to win, not that we actually HAVE a 10% chance?  Or are these two things indistinguishable, with all the metrics (KenPom, RPI, etc) available?

Alton

March 7th, 2018 at 2:39 PM ^

Let's stipulate that nobody actually knows what Michigan's chances of winning are.  "That's why they play the games," as they say.  So instead of that, we will consider it "implied chance" or something like that.

What the 9:1 odds mean is that the casino is comfortable with the amount of money being bet on Michigan right now.  They want to spread out their risk, so they win money no matter who wins the tournament.  Let's say that 3 days go by and nobody bets on Michigan State.  At that point, the casino will raise MSU's odds to something like (say) 12:1 or 15:1, so they are a more attractive bet.  At the same time, if hundreds of people come in and bet on Michigan, they will quickly lower Michigan's odds--maybe to 5:1 or whatever--in order that they don't have too much risk on Michigan winning it all.

So the odds reflect a combination of the casino's opinion and the bettors' opinion.  It's not an exact science, I would think, unlike setting a line on a single game between two teams. 

So yeah, people--at least the people who place bets like this--think Michigan has about an 8% chance of winning.

TrueBlue2003

March 7th, 2018 at 3:13 PM ^

in their efforts to get the odds as close as possible to what the market will bear because they don't want a situation where they're off and then have to adjust too much.

Everything you say is definitely correct, and the casinos models and the models of the biggest bettors that influence the market the most are usually pretty good in terms of getting close to the theoretical "true odds".

Those models are factoring in the fact that we've been statistically the best team in the country for the past month.  That certainly means something.

MC5-95

March 7th, 2018 at 1:59 PM ^

Without commenting on our odds, I actually like Purdue in the tourney more than Sparty. We were able to counter Purdue's Haas + 4 shooters offense only on the third try. Teams who haven't faced it and only have between 1 and 6 days to prepare for it will have a difficult time. Sparty seems to just be a mess right now, not playing as a team, and I don't trust Izzo to right the ship.

trueblueintexas

March 7th, 2018 at 4:22 PM ^

This Purdue team feels so much like previous Purdue teams who have flamed out early in the tourney. Despite having two good post players and a bunch of shooters, they will live and die on Carson Edwards. While he did very well against Michigan twice this year, the BTT showed what happens when he doesn't have his Superman cape on. I can see them making the Sweet 16, but they are also equally as likely to lose on the first weekend. 

mGrowOld

March 7th, 2018 at 2:03 PM ^

Before the brackets are released?  Let's face it - the 95 year old guys setting up these things think the RPI is cutting edge fancy analytics so they lean heavily on that when deciding where to put teams.   Which is why we get real wierd Kenpom match-ups and heavily over or under-weighted brackets.

Talk to me Sunday night around midnight (cause it's gonna take them that long to finish up releasing the whole thing) and we'll see where we are then.  In 89 we started as a 3 seed but because of other teams losing we ended up playing the following to get to the final four

14 seeded Xavier

11 seeded South Alabama

 2 seeded UNC

 5 seeded Virginia

Not exactly a murderers row (with the exception of UNC which had knocked us out the previous three years in a row).

Then in the finals we beat a 1 seed in Illinois and then a 3 seed in Seton Hall.  Not to diminish their run at all but they did get a favorable draw and then got favorable results from other teams to make the path a bit easier.

mGrowOld

March 7th, 2018 at 3:03 PM ^

1993 National Semifinal against Kentucky was the very, very best I've ever seen.  Two giants throwing haymaker after haymaker at each other and neither able to put the other team away until the very end of OT.

I have contended to this day that we lost the national championship that night.  We we pretty gassed going into the final while North Carolina made pretty quick work of Kansas and was relatively fresh.

And how bout that Terry Mills put back anyways?

Eng1980

March 7th, 2018 at 9:10 PM ^

I agree with the previous comments. Kentucky was a ferocious game and Illinois was also special. For the Illinois game, it was special since we were 0-2 in the regular season. I will always be greatly disappointed that Bill Frieder actually said in a pregame interview for the regular season game that he would bet that Illinois outrebounded Michigan. It may be correct but to say that aloud is ridiculous. In the Final Four when we were up 4-2 on Illinois but got some rebounds, both offensive and defensive, a friend of shouted, "This is great! We are kicking their asses." And we were. It was not like the regular season games (due to speech by Bo.) It was a great night.