Market Overview

North Carolina The Early Favorite In NCAA Final Four

Share:
North Carolina The Early Favorite In NCAA Final Four
Related BYD
Benzinga's Option Alert Recap From October 19
Robots Rule This ETF
Related CZR
Applied Optoelectronics, Helios And Matheson Among The Top Stocks With Short Sellers
How Hotel Suites Can Compete With Airbnb And Vacation Rentals

The Final Four is all set to tip off this weekend, and the North Carolina Tar Heels seem to be the trendy pick to win it all. When it comes to this weekend’s matchups, ESPN’s Rachel Ullrich points out that the Tar Heels are heavy favorites against the Syracuse Orange.

“On paper, the Tar Heels are the far better team – first in the nation in 2-point attempts and makes; second in the nation in rebounds and offensive efficiency – but as we’ve seen, Boheim’s escape artists have plenty of experience coming from behind,” Ullrich writes.

Related Link: March Madness Is Huge For Vegas Casino Operators

An infographic that accompanies her piece highlights that UNC has won each of its four tournament games by double-digit margins and compares favorably to Syracuse in just about every offensive and defensive metric imaginable. The Tar Heels even have an older, more experiences squad.

But it’s not just Ullrich that is taking notice of UNC’s dominant performance. Vegas oddsmakers have UNC favored to defeat Syracuse with a spread of 9.5 points. In the other semifinal, Villanova is the consensus favorite to defeat Oklahoma, but the spread is only 2.0 points.

Around $9 billion in legal and illegal bets were placed on the tournament last year, and Vegas casino operators Las Vegas Sands Corp. (NYSE: LVS), Wynn Resorts, Limited (NASDAQ: WYNN), MGM Resorts International (NYSE: MGM), Boyd Gaming Corporation (NYSE: BYD), Caesars Entertainment Corp (NASDAQ: CZR) and others took home an estimated $100 million in profits stemming from the tournament.

Benzinga took to Twitter to ask which of the four remaining teams fans think will come out on top. It should come as no surprise that UNC was the top response with 40 percent of the vote.

Disclosure: the author holds no position in the stocks mentioned.

Posted-In: News Previews Crowdsourcing Sports Events Top Stories Trading Ideas General Best of Benzinga

 

Related Articles (BYD + CZR)

View Comments and Join the Discussion!
Loading...

Partner Center

Loading...