The NCAA Tournament’s second weekend was much kinder to the public bettor. It might take some time before bettors can recuperated all they lost during the first Thursday of March Madness to the sportsbooks but this past weekend bettors were able to win some of their monies back thanks to an array of favorites winning and covering.
The results from the Sweet 16 and the Elite Eight helped recoup some losses, as the favorites helped the bettors hit back at the books on both Friday and Sunday when the favorites were an impressive 6-0 against the number.
One sportsbook said the weekend was the publics and Duke was their jackpot. He added that he knew what the books were looking at after Michigan State’s overtime win over Louisville that covered 2-5-point chalk.
Even though some sharp money came in over the weekend on the Gonzaga Bulldogs, that made it appear the action was more balanced, once the bettor popular Michigan State Spartans won by 6 to cover, all the action on live parlays swung to Duke.
On Friday, both Michigan State and Duke hurt the books as well. However, for the books there could be some relief. This weekend Duke plays Michigan State so the public will only be able to choose one.
On Sunday evening, Duke opened as the favorite by 4.5 points against Michigan State at most books both in Vegas and online with Bovada and topbet. However, that number was bet up with early Duke money to -5 in just two hours.
Kentucky on Saturday opened as 6-point chalk on books such as betonline and sportsbook.com. However, early money on Wisconsin pushed the line for the Wildcats down to just -5. The shortest spread the Wildcats have had the entire season was against Louisville on December 27 when the line was -5 to -5.5 and Kentucky covered with a 58-50 win.
One bookmaker believes that with all the close games that have been played that both of the Final Four games could be blowouts. He feels that Kentucky was given their biggest scare by Notre Dame on Saturday and will respond with two huge games over Wisconsin on Saturday and either Duke or Michigan State on Monday in the national championship game.
The public needs another strong Saturday and Monday if they hope to make back what they lost on opening Thursday. That will not be that easy since two of the most popular teams are facing off against one another when Duke plays Michigan State.