Gambler’s Corner 3/15

Updated: March 16, 2018

Gambler’s Corner 3/15/2018

One of the public and gambler’s favorite time of year is here as March Madness is underway. Have to imagine very little will get done in offices across America as people check scores, brackets, and lines as the weekend approach. College basketball and bracket talk may dominate the water cooler talk here for the next few weeks but there are plenty other things to go over in the world of gambling. Let’s look around the industry real quick to highlight a few of the important things to the betting public.

NBA Winding Down

The NBA season has most teams with around 15 games remaining. Despite having their winning streak snapped at 17 games by the Raptors the Houston Rockets still hold the #1 seed in the West and have the best record in the NBA at 53-14. Golden State remains the odds favorite to take down the title at 5/8 with the Rockets coming up right behind them at 2/1. The Lebron led Cavaliers and Toronto Raptors check in at 12/1 to round out the top 4.

March Madness

Hope you laid the groundwork early as March Madness is here and its officially time to call into work sick for the next few days. And when calling in work try to make sure you head to bar a town or two over as you don’t want to run into co-workers or bosses. It’s estimated that $10 billion is expected in play with wagers, brackets, and pools with only 3% estimated to be wagered legally. The action has already tipped off with the First Four and the field is set for the opening Thursday.

The Favorite?

Thursday’s slate is lined with 16 tournament games with the first tipping off from the Midwest Region at 12:15 ET as Trae Young and Oklahoma will try to prove their inclusion was correct when they take on Rhode Island (-2 point favorite). Games run basically all day making it the perfect time for having a couple drinks and spraying the board with wagers. The evenings final game tips off at 9:57 with First Four winner St. Bonaventure looking for the upset against the Florida Gators (-5.5 point favorite).

Villanova leads the pack with current odds around 5/1. Other odds leaders include Virginia, Duke, Michigan, Michigan State and Arizona. So while Cinderellas will dominate a lot of the early chatter, when it comes times to picking tourney winners you’re generally better off sticking to the favorites.

As for the region winners and trips to the final four nothing too out of the ordinary odds wise. Villanova is favored to win the East Region at 10/11. #2 seed Duke is favored at 3/2 to win the Midwest with #1 seed Kansas actually checking in third behind Michigan State. Virginia is 11/10 to come out of the South Regional. The West Regional should be interesting as #1 seed Xavier is only the fourth best odds behind Gonzaga (5/2), North Carolina(5/2), and Michigan(3/1). Seems like a tough draw as a #1 for Xavier with that loaded group.

MLB Spring Training

MLB Spring training is plugging away and the regular season is just under two weeks away. But first, the few big-name free agents must sign to teams. The biggest signed recently with Jake Arrieta signing with the Phillies. Most noteworthy, last year’s World Series participants in the Dodgers and Astros continue to remain the co-favorites. Both teams currently have odds of 11/2 to win the World Series.