March Madness Odds: How Sportsbooks View Bubble Teams

March Madness Odds: How Sportsbooks View Bubble Teams article feature image
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Happy March 1st!

As the famous Jon Rothstein likes to say, this is March.

March brings the madness and the focus over the next couple of weeks will be the March Madness bubble. Which teams are in and which teams are out?

There are more than enough bracketologists out there making their best guesses on which teams will make the tournament, but sportsbooks are taking legitimate money on teams to make or miss the tournament and those numbers could be more informative.

DraftKings has an entire catalog of odds for teams to make or miss the tournament. Let's take a look at who they are listing as of March 1.

Going off of probability, Colorado State, Wake Forest, Virginia, New Mexico, Seton Hall and St. John's are in. Colorado and Indiana State are 50-50. And Villanova, Providence, Cincinnati and Drake are on the outside looking in.

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Colorado State

Yes -425
Implied Probability: 80.95%

No +320
Implied Probability: 23.81%

Villanova

Yes -105
Implied Probability: 51.22%

No -125
Implied Probability: 55.56%

Providence

Yes -105
Implied Probability: 51.22%

No -125
Implied Probability: 55.56%

SMU

Yes +340
Implied Probability: 22.73%

No -500
Implied Probability: 83.33%

Wake Forest

Yes -270
Implied Probability: 72.97%

No +215
Implied Probability: 31.75%

Virginia

Yes -175
Implied Probability: 63.64%

No +140
Implied Probability: 41.67%

Cincinnati

Yes +425
Implied Probability: 19.05%

No -600
Implied Probability: 85.71%

New Mexico

Yes -280
Implied Probability: 73.28%

No +210
Implied Probability: 32.26%

Seton Hall

Yes -160
Implied Probability: 61.54%

No +125
Implied Probability: 44.44%

Drake

Yes +270
Implied Probability: 27.03%

No -360
Implied Probability: 78.26%

Indiana State

Yes -115
Implied Probability: 53.49%

No -115
Implied Probability: 53.49%

Colorado

Yes -115
Implied Probability: 53.49%

No -115
Implied Probability: 53.49%

St. John's

Yes -180
Implied Probability: 64.29%

No +145
Implied Probability: 40.82%

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About the Author
Chase is a news writer at The Action Network. He specializes in college sports, golf and soccer but will watch anything you can bet on. Catch him on the golf course either carrying a bag or playing with his buddies.

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