- March Madness allows for fun prop betting opportunities as well as serious wagering.
- Sometimes, the two meet, and a fun prop bet provides potential value.
- Oral Roberts has -150 odds to go down before Morehead State in the NCAA Tournament.
LAS VEGAS - Online sportsbooks are known not only for providing solid betting odds, but for fun props as well.
March Madness provides all sorts of betting opportunities, from the extremely technical wagers to wagers that are designed to make users laugh.
Today’s highlighted wager is a fun prop bet that could end up paying big dividends if it works out.
March Madness Prop Betting
The following wager is from BetOnline Sportsbook one that is fairly well known for fun props.
Yes, the wager is actually written like that on BetOnline’s website.
We’ll do our best to get through this article by analyzing the wager itself, making as few puns as possible, and generally trying to approach this obvious joke with some seriousness, as these odds actually do have some potential applications beyond a chuckle.
The Fine Print
At first glance, this seems like a slam dunk wager, as Oral Roberts plays at 3:00 p.m. EST, while Morehead State plays at 9:50. Obviously, then, assuming both of them lose (a likely outcome), it seems like Oral Roberts would be a decisive favorite to get eliminated first.
However, the fine print on this wager changes how bettors have to look at it.
“If both are eliminated in same round wagers all wagers will be no action. Wager is on who will be eliminated first.”
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BetOnline saw this coming - it’s not technically a wager on the specific time at which the teams are eliminated, but in what round they are eliminated.
This means that bettors will most likely be looking at this wager being graded no action, as both of these teams are likely to lose.
Here’s what their respective odds look like:
Morehead State vs. West Virginia
- Morehead State +640
- West Virginia -900
Oral Roberts vs. Ohio State
- Oral Roberts +850
- Ohio State -2100
When examining the odds, it seems clear that Oral Roberts is more likely to be eliminated in this first round than Morehead State. However, it is overwhelmingly likely that both of them are eliminated in this round, which would result in a grade of no action, and all money wagered being returned to the bettors involved.
In effect, this makes placing money on this line a bit of a freebie - this isn’t a bet that one is likely to win, but it’s also not a bet that one is likely to lose.
Perhaps taking a fairly free bet on Oral Roberts here, as they have the worse odds to win their game, could be a solid play.
Hopefully, this column helped demonstrate how even jokey odds sometimes have real applications.
Understanding this will help March Madness bettors get ahead as they sort through the torrent of odds available on online sportsbooks.
Maxwell joined the USAOnlineSportsbooks team in 2019. He focuses on creating sports betting content that informs and educates. He focuses on the NBA, the NFL, College Football and Basketball, and whatever else comes across his desk.
