2016 March Madness: Odds to Win Each Region

Earlier this morning, Bovada posted odds for every tournament team to win their region. Just a few hours later, the Las Vegas-based Westgate posted their own odds with several major discrepancies.

The most obvious difference was that the favorite odds were much shorter and the lower-seeds were even bigger ‘dogs at the Westgate. There was also significant disagreement in the West Region where the Westgate had Oregon (+200) listed as the favorite and Bovada had Oklahoma (+225) listed as the favorite.

The table below displays the current odds and will be updated as new information becomes available.

Odds to Win the East Region

School Bovada (3/14) Westgate (3/14)
North Carolina +200 +110
West Virginia +400 +400
Kentucky +500 +400
Xavier +600 +700
Indiana +800 +700
Notre Dame +1200 +2500
Wisconsin +1200 +2500
Pittsburgh +2000 +4000
Providence +2500 +3000
Michigan +3300 +8000
USC +3300 +3000
Stephen F. Austin +10000 +6000
Tulsa +10000 +20000
Chattanooga +15000 +30000
Fairleigh Dickinson +25000 +300000
Florida Gulf Coast +25000 +300000
Stony Brook +25000 +20000
Weber State +25000 +50000

Odds to Win the Midwest Region

School Bovada (3/14) Westgate (3/14)
Michigan State +175 +140
Virginia +250 +180
Purdue +600 +600
Iowa State +750 +1200
Utah +900 +1200
Gonzaga +1200 +1500
Butler +2000 +3000
Seton Hall +2000 +1200
Dayton +2500 +3000
Syracuse +2500 +3000
Texas Tech +4000 +6000
Iona +10000 +30000
Arkansas Little Rock +10000 +10000
Fresno State +25000 +50000
Hampton +25000 +300000
Middle Tennessee State +25000 +50000

Odds to Win the South Region

School Bovada (3/14) Westgate (3/14)
Kansas +150 +100
Villanova +300 +300
Miami Florida +750 +800
Maryland +1000 +1000
Iowa +1200 +1800
Arizona +1200 +1000
California +1200 +1000
UConn +1400 +2000
Wichita State +1600 +2000
Vanderbilt +3300 +4000
Colorado +5000 +10000
Temple +6600 +10000
Hawaii +15000 +30000
Austin Peay +25000 +300000
Buffalo +25000 +50000
South Dakota State +25000 +30000
UNC Ashville +25000 +50000

Odds to Win the West Region

School Bovada (3/14) Westgate (3/14)
Oklahoma +225 +225
Oregon +325 +200
Duke +450 +600
Texas A&M +600 +500
Texas +750 +800
Baylor +1000 +800
Cincinnati +1400 +2000
VCU +2500 +2000
St. Joe's +2500 +4000
Oregon State +4000 +8000
Northern Iowa +6600 +10000
Yale +6600 +5000
Cal State Bakersfield +15000 +100000
UNC Wilmington +15000 +10000
Green Bay +25000 +100000
Holy Cross +25000 +500000
Southern U +25000 +300000

It’s interesting to see that Michigan State (+175) is listed as the favorite to win the Midwest Region even though Virginia (+200) earned the top seed. For what it’s worth, our bracket simulator actually gives Michigan State (34.0%) a higher probability of reaching the Final Four than Virginia (30.8%).

Similarly, Oklahoma (+225) is listed as the favorite to win the West Region even though Oregon (+325) earned the top seed. These futures are backed up by our bracket simulator results which give Oklahoma (24.3%) a higher probability of reaching the Final Four than Oregon (19.6%).

Kansas (+150) is viewed as the biggest “lock” to earn a spot in the Final Four, which is useful information for everybody building their bracket. According to our bracket simulator analysis, Kansas has the highest probability (34.6%) of winning their region.

With such a high juice it’s quite difficult to find value, but three-seed Texas A&M (+600) seems like a decent bet to win the West Region. Our numbers indicate that the Aggies should be listed at +475 to win their region and that they have a greater probability of reaching the Final Four than the West’s four-seed: Duke (+450).

Which teams do you think are offering value? Will any sleepers reach the Final Four? Please leave your thoughts in the comment section below.

Have any questions for the staff at Sports Insights? Utilize our live chat to speak with a customer service representative or e-mail us at help@sportsinsights.com.

David Solar is the Content Manager for Sports Insights and can be reached directly at David@SportsInsights.com

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David Solar

David Solar has been the Content Manager at Sports Insights for over four years. He specializes in sports betting analytics and has created several popular data-driven betting systems. He can be reached directly at david@sportsinsights.com or on twitter at @TheDavidSolar.

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