UConn Repeat Could Hit Sportsbooks Hard
· 2024-04-08

UConn Repeat Could Hit Sportsbooks Hard

Wilt Chamberlain’s famous quote of “Nobody roots for Goliath” may especially ring true for sportsbooks heading into Monday night’s NCAA Tournament final between UConn and Purdue.

UConn is seeking to become the first team to repeat as NCAA Tournament champions since Florida in 2006-07. The Huskies have run opponents off the court in all 11 tournament games getting to this point, winning each of them by double figures while covering the spread all 11 times.

The public, which has fared well against the sportsbooks in this edition of March Madness, has clearly jumped on the Huskies bandwagon, driving the spread as high as -7.5 points in some places after it opened between -5.5 and -6.5 at most sportsbooks. In addition to the game itself, many bettors are riding UConn futures with Monday night’s championship tilt, with a good portion of them grabbed at plus money if they were placed before the start of the NCAA Tournament.

Purdue and UConn have given bettors wins at each stop en route to the title game, with five wins and five covers apiece. Favorites have covered at a 59.7% clip against the spread (37-25) in the 64-team field, highlighted by an 11-5 performance in the second round. In addition to favorites going 3-1 in the regional final, the public jumped on the bandwagon of No. 11 seed NC State, which upset No. 2 seed Marquette and No. 4 seed Duke in the South regionals en route to its first Final Four appearance since 1983.

Fanatics Sportsbook‘s line opened at UConn -6.5, but when it dropped to -6 was when the public pounced. More than five out of every six tickets written and 94% of the handle on UConn came at that point. Even when it ticked back to -6.5, there was still strong action on the Huskies with 72% of tickets and 81.8% of handle.

“The lookahead line for this game was UConn -6, so I’m a bit surprised it moved off the 6 and 6.5 all the way to 7,” said Shank Subramani, basketball trader at Fanatics Sportsbook. “I think most of the people coming to back Purdue are doing so on the moneyline, but we’re still rooting for the Boilermakers to win. Regarding the line, I think it’s likelier that it comes down to 6.5 before going up anymore; sharper players would eat up a potential 7.5 really quickly.”

The Purdue backers finally started to come around when the line touched UConn -7, with Fanatics reporting more balanced action. The Boilermakers had barely more than half the handle while the Huskies had 52.2% of the tickets. When combining the picks made from UConn -6 to UConn -7, 74.1% of the tickets and 86.6% of the handle is on the defending champion.

BetMGM Public Relations Manager John Ewing tweeted out a Purdue victory would be the best outcome for that sportsbook, followed by a UConn win and Boilermakers cover. A scenario in which UConn wins and covers was listed third among the three possible outcomes followed by a vomit emoji.

— Dave Portnoy (@stoolpresidente) March 21, 2024

Elsewhere, DraftKings is on the hook for a potential $2.16 million payout to Barstool Sports founder Dave Portnoy should UConn win. Portnoy placed a $600,000 futures wager on the Huskies at +360 before the start of the tournament and has thus far resisted calls from his followers on social media to make a hedge bet involving Purdue.

As of 2:45 p.m. CDT, most sportsbooks had UConn as 6.5- or 7-point favorites, though there was some action at UConn -7.5. Hard Rock Bet was the best place to grab the Huskies at -6.5 as they are offering -110, though both bet365 and DraftKings had a -105 listing at UConn -7.  BetRivers is currently offering Purdue +7 at -109.

The total has trended down everywhere since opening at 148.5 points, reaching a consensus at -144.5. FanDuel was offering -106 for the Over, while the Under can be had at -110 via multiple sports betting apps.

热门文章
亚洲游戏市场观察:15大市场热门游戏与用户趋势
线上游戏
PropellerAds 分享了新的 iGaming 案例研究:在 3 个月实现 97,674 次安装和 12,701 笔存款
广告营销
GGC Awards 2026 璀璨科伦坡:致敬 iGaming 行业的领航者与创新力量
灰度头条
灰度世界杯嘉年华狂欢派对吉隆坡站即将开启,业务拓展人脉社交从马来西亚开始
灰度头条
英国确认各垂直行业的赌博税税率
游戏风向
横跨全球6个城市,灰度8场派对邀你共看世界杯,重塑高质量社交新场景
灰度头条
菲律宾博彩技术赛道迎来新变局,B2B 供应模式加速渗透
东南亚资讯
2027 Global Game Connect(GGC)斯里兰卡招商全面开启!业务人脉尽在掌握!
灰度头条
准备好了将你的收益最大化吗?尝试ProPush.me Constructor!
广告营销
越南在线博彩业政策收紧 催生市场新机遇
东南亚资讯
巴西拟将博彩税率提高至24% 税收将用于社保和医疗领域
游戏风向
越南博彩管控逐步放宽,惟本土需求仍显乏力
东南亚资讯
哈萨克斯坦计划对在线赌场促销活动进行处罚
游戏风向
张侨伟参议员排除全面禁止,敦促菲律宾规范网络赌博
东南亚资讯
密西西比州众议院委员会推进提议增加赌场税的法案
游戏风向
首页
游戏
合作
发现
我的