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Big 12 Chances of Winning March Madness

4O9to8O6Nback

"I retire from podcasting"- @T. Beadles
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Dec 30, 2015
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5 Big 12 teams are listed among the ~15 teams with the shortest odds to win it all (at the Circa Sportsbook). Here's some rough estimates of the implied win probabilities based on those odds.

Baylor (+425)18.00%
KU (+3200)2.99%
WVU (+3500)2.75%
Texas Tech (+4000)2.42%
Texas (+4700)2.06%

Circa is the best sportsbook to look at for these odds because they offer two-way markets on futures bets. That means you can also bet on a team to not win it all. Still not sure how much volume they get on these bets.

OU and OSU (both +15000) aren't listed too far behind the top 15 or so teams. I'm thinking OSU's odds will drop once it becomes certain they are eligible for the tourney.
 
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