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About Evan Altemus

Evan is a former NCAA athlete and a Finance/Economics graduate. His handicapping approach is to gather all that is knowable about a game, then identify which factors will make the biggest impact. Most handicappers know the facts, but what makes Evan different...

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Contrarian View on the NCAA Tournament 1st Round

by Evan Altemus on 03/16/2009 8:20 PM

 

            I'm a big believer in looking at the past in order to predict the future, so I decided to take a look at last year's 1st round games.  One surprising trend was that favorites went 21-10 against the spread and #1 and #2 seeds were 5-3 against the spread as well.  One game had a spread with a pick �em spread, which is why there are only 31 games being looked at here.  My theory is that the betting public lines up on underdogs during the 1st round of the NCAA tournament.  Oddsmakers know this and release lines that present excellent value with favorites.  Let's take a closer look at this idea to see if it was an anomaly last year or something worth looking at in this year's tournament.

            First and foremost, the topic which generates the most interest during March Madness is which team is going to be this year's George Mason or Davidson.  In addition, the average person is trying to figure out which underdogs will pull off the upset this year in the 1st round.  So much talk is about these potential "Cinderella" teams, that most of the seeds around the #3-#7 range are ignored.

            The betting public is also fixated on these Cinderella teams as well.  The average bettor focuses on which 1st round underdogs to take, instead of looking for value with under-rated favorites.  The oddsmakers know this as well, which is why they don't give most of the favorites enough points in the 1st round.  Last season teams like Oklahoma, Notre Dame, Butler, Marquette, Michigan State, Xavier, Pittsburgh, and Louisville were put on supposed upset alert, as they all faced teams which the supposed experts on television and betting public thought were capable of pulling the upset.  However, the previous list of favorites all got dominating wins over their opponents, and most of their wins from a point spread perspective were never in doubt. 

            Let's also take a look at last year's 1st round games involving the following seeds where the public is fixated on picking upsets:  3rd seed vs. 14th seed, 4th vs. 13th, 5th vs. 12th, 6th vs. 11th and 7th vs. 10th.  Let's remove the St. Mary's vs. Miami game from our discussion, as that game had a pick 'em point spread.  That leaves 19 match-up to take a look at.  The favorites in those games went an astonishing 14-5 against the spread!  Siena, Kansas State, Villanova, San Diego, and Western Kentucky were the only teams to cover against the spread, and they all won outright.  Essentially, these games involving teams on supposed upset alert had favorites go 74%.  The few underdogs which did cover won outright.  However, I don't consider Kansas State or Western Kentucky true bracket buster underdog winners, as they were very evenly matched talent wise with their opponents.  In fact, the argument could be made that they shouldn't have been underdogs.  Kansas State had Michael Beasley and Bill Walker, while Western Kentucky had Courtney Lee. 

            Bottom line, from a betting perspective, try to look at undervalued favorites in the 1st round, as the betting public will be lining up on the underdogs.  This time of the year is one of the rare occasions where the value is on the favorite, as the public will be looking for upset shockers.  Oddsmakers know this and have adjusted the lines accordingly.  Picking and betting on favorites is not as exciting but making money is.  Although, I'd rather be boring, pick the favorites, and have a profitable 1st round.

 

Check our my NCAA Tournament and other college post season selections over the next few weeks, as I have been absolutely on fire over the last few weeks.  I am on a +33 UNIT BASKETBALL STREAK, as well as going 21-6 (78%) with my TOP PLAYS in March!!!  I will be releasing SEVERAL BIG PLAYS in the 1st round of the NCAA Tournament, as well as several WINNING PLAYS in the NIT and CBI.  I hit over 60% in last year's tournament, so don't miss out on my DOMINANT NCAAB RUN.

http://pregame.com/pregamepros/bettors.aspx?CapperId=11925

 

18 Comments:

 

posted by Fright Night on 03/17/2009 8:51 AM

Evan, what is your opinion of the Kansas/NDSU game? I liked the Bison at first but now I'm wondering if there is value with the Jayhawks like you said. Have you looked at this game yet? Thanks.

 

posted by SKing24 on 03/17/2009 9:55 AM

Fright Night,

First let me say my view is going to be biased towards NDSU because of my affiliation with the team.  But, if there is going to be an upset in this tourney involving a 3 seed this is the game.  If you look at last years upsets all of the teams had one thing in common...ball security.  The underdogs who won all took care of the ball throughout the year while their higher seeded opponent did not.  Now, I did not go back and look at the box scores to see if TO's were the reason but in every case the lower seeded team won, they had a significantly higher efficiency of taking care of the ball during the season.  

This leads me to my point....NDSU has 4 (5th year) seniors that start.  They are one of the top shooting teams in the nation.  AND...they are the 7th highest rated team in the tourney according to TO efficiency while KU is in the bottom 8 out of the tourney teams.  If last years tourney is any predictor of where our upsets will come (TO efficiency) this NDSU team has history on their side.  Not to mention they are playing in Minneapolis, which will give them a HUGE advantage crowd wise.  KU is very talented, but you saw their lack of experience come into play during the Big 12 tourney and I think you will see it show again on Friday morning.  GO BISON!!    

 

posted by Fright Night on 03/17/2009 10:14 AM

Great info SKing. Thanks!

 

posted by Andy Stone on 03/17/2009 10:24 AM

Hey Evan, your bio says you were an ex- NCAA athlete, what sports and where did you play???

 

posted by altham on 03/17/2009 12:44 PM

Good stuff. Thanks Evan.

 

posted by Evan Altemus on 03/17/2009 2:31 PM

Ok, I am not going to be offering a premium selection in the Kansas/North Dakota St. game, so I'll give my full analysis on it here.  The first thing that came to mind is the value on Kansas, as the Jayhawks are only a 10 point favorite against a team which just converted to Division I basketball.  However, the Bison are playing the game relatively close to their campus, and the crowd will be filled with their supporters.  Let's take a look at the two games they played against tournament competition, Minnesota and USC.  Minnesota shot 61% from the field and 61% from the 3 point line in a 14 point win.  The Bison hung close in that game, but there was an obvious difference in talent.  NDSU came close to upsetting USC on the road, with an impressive 3 point loss.  However, upon closer look of the situation, the game was right before Christmas, and the Trojans could have cared less.  In addition, USC missed all 8 three pointers and had 20 turnovers.  That shows to me that they didn't care at all.  However, they still outshot them 45%-36% and held a 35-24 rebounding edge.  

Kansas is going to come into this game with a focused effort after a disappointing loss to Baylor.  I love to back quality teams with poor performances in their conference tournament.  The Jayhawks have a great ball handler at the point with Sherron Collins, so he will limit turnovers and thus they will get more quality possessions.  Kansas showed the ability to win on the road this season as well, with impressive point spread road covers at Missouri, Kansas State, and Oklahoma.  

If I was forced to play this game, then I would back Kansas, and the sharp bettors have agreed with me as well.  This line has moved from -9 to -10/-11.  I could see the Bison possibly get a late cover, as they won't give up in front of a strong fan base.  However, don't be fooled into thinking that ND State will win outright.  If they do end up winning, then I'll have pie all over my face, but I don't think that will happen.

 

posted by Andy STone on 03/17/2009 2:52 PM

Evan, where did you play NCAA ball at and which sport??? not a hard question

 

posted by Fright Night on 03/17/2009 2:56 PM

Thanks Evan. Appreciate the analysis.

 

posted by Evan Altemus on 03/17/2009 2:57 PM

Sorry, I didn't even notice your post at first.  I played golf as my main sport and was going to walk on to the basketball team but didn't have enough time to focus on both.  I played at the Naval Academy.

 

posted by Andy Stone on 03/17/2009 5:26 PM

Golf, figures......

 

posted by Evan Altemus on 03/17/2009 5:40 PM

Haha, no love for golf???  I have a sneaky feeling that I'm better than you at basketball too though  :)

 

posted by duncottcrush on 03/18/2009 12:34 PM

Yow know nothing about me and you have a feeling you are a better basketball player than me. I can tell by your pic that you are not an athlete! let me guess, you can make a shot when open. where did you play high school ball at evan? let's look into this..

 

posted by Stew on 03/18/2009 12:45 PM

Don't even waste your time with this idiot, Evan

 

posted by JJ on 03/18/2009 4:45 PM

Idiot is right..didnt even realize he was using different screennames!! Anyways Good read here Evan. Thanks

 

posted by ed barkowitch on 03/18/2009 4:53 PM

screen names dont matter. who is actually a good athlete on here?

 

posted by JJ on 03/18/2009 5:17 PM

Who cares...i just want to know the Good cappers

 

posted by Fright Night on 03/18/2009 5:21 PM

Evan, you could have played Squash for all I care as long as you continue picking winners.

 

posted by Evan Altemus on 03/18/2009 8:25 PM

Wow, I just saw all of these posts.  I think the most professional thing to say in response is that I'm looking forward to the NCAA tournament tomorrow and hope everyone, including Andy Stone/duncottcrush, does well during March Madness.  Good luck to everyone!

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