What do you guys think of this prop bet:
Will a #14, 15, or 16 seed win a game?
NO +180
Sounds good right?
No #16 seed has ever defeated a #1 seed since the field was expanded to 64 teams in 1985, and only four #15 seeds (Richmond in 1991, Santa Clara in 1993 , Coppin State in 1997, and Hampton in 2001) have defeated #2 seeds.
So I am going to count the 4 #1 seeds as automatic wins (since we are gambling here) and do the math on the rest.
I didnt dig up the history on #14 seeds but for this years tournament I ran the money lines for this book for the 4 #14 seeds on a parlay calculator:
Gonzaga -260
Florida -420
Iowa -330
North Carolina -900
-------------------------
4 team parlay pays +148
For the #15 seeds UCLA does not have a money line so I will make them an automatic win. That leaves a 7 team money line parlay:
(3)Gonzaga -260
(3)Florida -420
(3)Iowa -330
(3)North Carolina -900
(2)Tennessee -280
(2)Ohio St -700
(2)Texas -1400
--------------------------
7 team parlay pays +312
Wow I get better than 3 to 1 this way vs +180 just by jumping on prop that sounds good! And if I actually had money lines on the 5 "automatic winners" the payoff would be even higher!