Betting Odds - 2011 NCAA Basketball Tournament - RJ Bell - Pregame Blogs

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Las Vegas, Nevada (March 13, 2011) – from RJ Bell of Pregame.com:

Second column equals how much you win risking $100 on team.
Third column equals the exact percentage chance the team has to win tournament according to Las Vegas.

Ohio State	$400	14.3%
Duke	$450	13.0%
Kansas	$460	12.8%
Pittsburgh	$725	8.7%
San Diego St	$1,600	4.2%
North Carolina	$1,700	4.0%
Texas	$2,000	3.4%
Notre Dame	$2,200	3.1%
Florida	$2,200	3.1%
Purdue	$2,200	3.1%
Kentucky	$2,500	2.8%
Syracuse	$2,500	2.8%
Louisville	$2,800	2.5%
Connecticut	$3,200	2.2%
Kansas State	$3,400	2.0%
28 Other Team	$4,000	1.7%
Washington	$4,000	1.7%
BYU	$4,500	1.6%
Wisconsin	$5,100	1.4%
Arizona	$7,200	1.0%
Georgetown	$7,200	1.0%
St Johns	$7,500	0.9%
UCLA	$8,000	0.9%
Michigan State	$9,000	0.8%
West Virginia	$10,100	0.7%
Vanderbilt	$11,500	0.6%
Villanova	$12,500	0.6%
Cincinnati	$14,000	0.5%
UNLV	$15,000	0.5%
Illinois	$15,000	0.5%
Old Dominion	$16,000	0.4%
Temple	$17,500	0.4%
Xavier	$17,500	0.4%
Butler	$20,100	0.4%
Tennessee	$20,100	0.4%
Penn State	$22,500	0.3%
Texas A&M	$22,500	0.3%
Michigan	$22,500	0.3%
Florida State	$27,000	0.3%
Georgia	$30,000	0.2%
George Mason	$37,500	0.2%

Interesting notes:

The four #1 seeds have almost exactly a 50% chance to win (creating an interesting proposition: Would you rather have the four number ones, or every other team?)

Over 98% chance one of the 40 teams listed below will win (giving the last 28 teams less than a 2% chance combined).

No double digit seed has better than a 330-1 shot of winning.

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