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Lack of NCAA Tournament upsets leaves sportsbooks sweating

  • The SEC set a record with seven teams reaching the Sweet 16 of the NCAA Tournament, while Duke is the only ACC team still alive.
  • Arkansas, as the 10th seed, is the only higher seed to win its first two games, creating this year's 'Cinderella' story.
  • Duke is favored to win the title at +210 and has garnered 20 percent of all bets and 21 percent of the money wagered on them.
  • BetMGM's Senior Trader Michael Ranftle stated that the sportsbook hopes for at least one upset in each round to break up parlays.
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Lack of NCAA Tournament upsets leaves sportsbooks sweating

With the power conferences dominating the first two rounds of the NCAA Tournament, sportsbooks stand to take a hit if the trend of most favorites winning continues. The SEC set a record with seven teams reaching the Sweet 16, while…

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Sports Illustrated broke the news in New York, United States on Monday, March 24, 2025.
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