Wolverines proving a Popular NCAA Tournament Bet
Since the calendar has flipped to March, all eyes are on the sport of college basketball and the upcoming 2021 NCAA Men’s Basketball Tournament.
March Madness is one of the biggest and best sporting events of the year, and this year, a team from Michigan could be poised to make a deep run.
The Michigan Wolverines are currently the No. 2-ranked team in the country, and they have emerged as one of the favorites to win the NCAA Championship. The NCAA Tournament is always extremely unpredictable, but the Wolverines appear to have what it takes to make a deep run.
Sportsbooks in the state of Michigan are all authorized to take bets on the NCAA Tournament, including games featuring the Wolverines. The Michigan State Spartans have a long history of playing well in this event, but they still have some work to do before they earn a berth in the field.
The Gonzaga Bulldogs and Baylor Bears have been the co-favorites to win the NCAA Tournament all season long, but Michigan has now joined that group. Gonzaga is currently the favorite at +250, while Baylor is right behind it at +275.
Michigan has seen its NCAA Tournament Championship odds climb to +300, and it will be a popular bet at sportsbooks throughout the state. The Michigan online sports betting industry could potentially take a huge hit if the Wolverines are able to pull through and win it all.
Big Ten Tournament Should Be a Battle
Before the Michigan Wolverines even begin to start thinking about the NCAA Tournament, the Big Ten Conference Tournament will take place first. The Big Ten Tournament will begin on Wednesday, but the Wolverines won’t be in action until Friday.
The Wolverines have earned the top overall seed in the conference, and that will give them a double-bye into the quarterfinals. Michigan is a huge betting favorite to win the Big Ten Tournament, but anything can happen once the games begin.
Surprisingly, the Illinois Fighting Illini are listed at just +550 to win the Big Ten Tournament, even after blowing out the Wolverines just one week ago. Illinois will be the number two seed in the conference tournament, setting up a potential rematch in the final.
Michigan State might need to win the Big Ten Tournament to clinch a spot in the NCAA Tournament, but it will have to do so by pulling off a number of upsets. Michigan State will begin play on Thursday and will be forced to win four straight games to win the title.
The Big Ten Conference Tournament will be held in Indianapolis this year after being moved from Chicago due to COVID-19 concerns. This will allow the Wolverines, and potentially the Spartans, to stay in Indianapolis for an extended stay to compete in the NCAA Tournament.
Big Ten Tournament Title Odds
Odds provided by DraftKings Sportsbook
- Michigan +130
- Iowa +370
- Ohio State +500
- Illinois +550
- Wisconsin +950
- Purdue +1500
- Michigan State +1500
- Maryland +5000
- Rutgers +5000
- Indiana +7500
- Minnesota +7500
- Penn State +8500
- Northwestern +15000
- Nebraska +20000
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