$1 gets you plus $220 .
3.20 can then be risked vs Whisky and if Whisky beats Ky I think you would get +220 again and win $7 or so so you would bet about 9.2 to 1 if they beat whisky in the finals
More likely Mich State gets Ky, and then you will get +350 I think, so 3.20 on the ML in the finals makes you 11.20 leaving you with 13.4 to 1.
So the MLs are a slam dunk better........