Sportsbooks See Positive March Madness Elite Eight Results

Kevin Stott

Monday, March 27, 2017 1:36 PM UTC

Monday, Mar. 27, 2017 1:36 PM UTC

The second weekend of the NCAA Tournament seemed a tough one for both Sharps and the Public with sportsbooks profiting from heavy player action on Xavier and Kansas. Let’s analyze who backed who over the weekend, who may be as liability still in the Future book and offer up an early Final Four Totals pick for Saturday.

Sportsbooks Enjoy Solid Elite Eight Weekend

Saturday was a good day for Offshore sportsbooks with heavy action on Xavier and Kansas in the weekend’s first two Elite Eight games in the NCAA Tournament. In the West Regional Final at the SAP Center in Sacramento, Gonzaga eliminated #11-seed Xavier, 83-59, easily covering as 8½-point favorites, in a game which went Under the 144½ total by just 2½ points. The Midwest Regional Final, on the other side, had top-seed Kansas dominated by Oregon as the Ducks won outright, 74-60, as 6½-point underdogs in a game that also went Under the 158 Total by 24 points as the game had only 2 points until the 16:42 mark.

March Madness was good to BetOnline, among others, with Dave Mason tweeting his house had 69% Xavier and 74% Kansas action in what turned out to be two easy wins for the book and a rough day for some players. At BookMaker, Scott Cooley said his shop saw similar nice results, saying “Oregon was the big player [winner] as we had both Sharps and Squares alike [were] in Kansas for the second straight game.”

At Madison Square Garden in Manhattan in the East Regional Final on Sunday, Florida ousted upstart South Carolina, 77-70, covering as 3-point chalks in a SEC battle which went Over 136. Cooley reported “Heavy Sharp money and the Gamecocks, more than we’ve had in last two rounds,” so South Carolina were good to the bettors on Sunday and while the BookMaker spokesman said “We have a few small [Futures] bets at big odds,” on Frank Martin’s bunch, his sportsbook had “nothing crazy that is going to put us in a loss,” adding, “We’d love to see the Gamecocks win it all.”

In a classic South Regional Final from the FedExForum in Memphis, top-seed North Carolina defeated Kentucky on a last-second shot, 75-73, pushing ATS as slight 2-point favorites in a contest which went Under the 161 Total (5Dimes).


First-Look Final Four Odds

Immediately after Sunday’s games, line originator BookMaker opened Gonzaga 7-point favorites over South Carolina with a Total of 138 in one Final Four game and the North Carolina 4-point chalks against Oregon with that Total 148½. BookMaker saw enough Sharp Gamecocks action to move the number down to 6½, and Cooley said he was expecting a potential influx of North Carolina money.

“Like the first Final Four matchup, this is a scenario where we’re anticipating one-sided square action on the “public” team,” Cooley said. “We’ll be begging for Oregon money from that sector of gaming community. The Sharps haven’t been overly in love with the Ducks throughout the tournament, and it’s unlikely they’ll get behind them here at this number, which could climb.”

Underdogs have gone a profitable 38-28-3 ATS (67.9%) in the NCAA Tournament.

Free NCAA Tournament Final Four Pick: Gonzaga-South Carolina Under 138Best Line Offered: at Bovada

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