In fact, we might experience a dramatic decline in the amount of money betted into fronts and points spreads. Whilst the Nevada Gaming Control Board does not keep track of the amount of money betted, at least not in an official manner, during the first weekend of the NCAA Tournament, there are lots of sports book directors considered this one the highest in the history of the sports.
Jimmy Vaccaro, a veteran bookmaker, stated that South Point along with its properties associated saw an increase of a 7 percent rate in comparison to the same period of the previous years, which was the best one up to now. Vaccaro stated:
“It was bigger than I’ve ever been associated with. I think, in ballpark figures, the dropoff will be anywhere between 40 to 50 percent of our business between last week and this week.”
In the Sweet 16, the average spread is minus-3.5, which is the lowest spread of at least the last decade for this exact group of games.
Jason McCormick, the sports book director of the Red Rock Resort stated: “These are some incredible matchup. It’s a bunch of basically pick’em games. It’s going to create some fantastic basketball.”
In fact, sports books posted a single game with a line of bigger than a couple of possessions, which was by a half point. The first-seeded Arizona gives the fourth-seeded San Diego State 6.5 points in Thursday’s last game to be played.
Out of the seven other games, five are separated by a just one possession, as sports books point out, while the point spread is no higher than -3.
Vaccaro commented saying: “These teams are getting so close as far as their talent. The gap between teams isn’t that great anymore, and you can really see it in the point spreads. There is no game here that would shock anyone with the outcome.”
Of course, that’s not the usual way. Out of the last six years, five have featured a Sweet 16 with at least one underdog in double digits.
Since 2006, the average spread for the Sweet 16 has not dropped below the -5 mark. Vaccaro pointed out that some of the tightness is a result of parity, the draw helped this year’s closely contested nature, too.
The 10th-seeded Stanford and the 11th-seeded Dayton were the two teams to make it to the second weekend that sports books rated as the lowest one. They will square off against each other on Thursday.
McCormick stated: “The Cinderella slipper is guaranteed to be in the Elite Eight. Dayton was probably the best team of the first two rounds for us, with their upset over Ohio State and then following it by beating Syracuse. They were great for the house.”
Nonetheless, the Flyers will not drive any action in the Sweet 16. In their matchup against the Cardinal, where Dayton has a-3 point spread, is emerging as the most frugal bet of the eight games of the board.
All the betting attention is now focused on the stalwarts. It looks like the 2014 NCAA Tournament is filled with upsets, ass out of the team which rank at the top 12, six are are meeting their demise in the first weekend. However, the five teams which were considered as the favorites to win the tournament at most shops in Las Vegas are still alive. Virginia ranks first as well as Florida and Arizona, Michigan State holds the fourth seed and Louisville the first one, too.
McCormick stated: “Florida deserves to be the favorite in the tournament right now, especially when you consider if they beat UCLA here, they’ll go into the Stanford-Dayton winner as an 8- to 10-point favorite over either of those teams.”
As McCormick report, the betting market is not considering the Gators as the obvious favorite. In fact, UCLA plus-5 against Florida considered as an underdog play at both Stations Casinos, managed by Red Rock and also the South Point.
On the other hand, Michigan State is continuing to get much support, as gamblers choose to go with the minus-1.5 against Virginia for Friday’s last game.
McCormick commented, saying: “The Michigan State-Virginia game stands out because it’s two top-notch teams. You go back to the seeding and they probably shouldn’t be playing this early but we’re getting a great matchup.”
Apart from Michigan State, McCormick accounts for early money on underdogs. Baylor, at the sixth seed plus-3 against Wisconsin at the second see and Kentucky, at the eighth seed plus-5 against Louisville at the fourth seed, accompany UCLA as popular picks.
South Point is receiving much money on the favorites. In fact, Vaccaro reported that Arizona minus-6.5 and Michigan State are the top two plays up to now. The property prompted extra action by decreasing its juice for the game of this weekend.
South Point wants a nickel for the Sweet 16 and Elite Eight sides instead of taking the ordinary 10 cents out of every dollar betted.
Vaccaro stated: “It’s not that this is anything Earth-shattering. But it’s trying to do something nice for week two.”
Tourists are bolting from town and some games turn out to be tougher to call. That’s why creativity needs to be implemented for sports books during the second weekend of the NCAA Tournament. However, it should be far enough to get close to the first.
Vaccaro commented: “It’s not all bad. You get away from being hectic last week and just become consistently busy.”
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