Selection committee second guessed by bookmakers; futures odds for NCAA field

The theme of upsets that ran through conference tournament week extended to the selection committee as the field for the NCAA tournament was announced Sunday with more than a few puzzlers.

Snubs are as much a part of the annual ritual of March Madness as first-round upsets and buzzer beaters, but this year’s bracket seems especially out-of-sync with public perception—and betting market values.

ESPN’s Joe Lunardi correctly predicted 65 of the 68 teams—his lowest total since 2011—but didn’t hold back in a column headlined “The selection committee got so much wrong–and here is how.”

… the committee’s performance is slipping, year over year, and it’s also my job to point that out when necessary. Put aside my three misses for a moment — Vanderbilt (perfectly reasonable selection), Syracuse (borderline at best) and Tulsa (indefensible by every known standard) — and what you have is a selection and bracketing process that appears to have gone off the rails.

Bookmakers were also bewildered by some of the committee’s decisions. In addition to Tulsa getting in, Oregon getting a No. 1 seed over Michigan State was especially egregious in the eyes of many, including Jay Rood, vice president of race and sports at MGM Resorts.

Rood, to the Las Vegas Sun:

Michigan State not getting a No. 1 seed was screwy. They’ve been the clear-cut favorite for us the last few weeks, so I think they really missed the mark on that. … (No. 4 seed) Kentucky has a more solid power rating than Oregon. Oregon is just living off of recency. If you would have told me a week ago that Oregon was going to be a No. 1 seed, there’s no way I would have believed you.

Prior to the bracket announcement, the Ducks were listed at 30/1 odds to win the tournament, while the Spartans were one of the favorites at 5/1.

Maybe the only thing garnering more dismal reviews than the selection committee is CBS’s selection show. Freshly bloated to a two-hour runtime, it was a near unanimous flop, from Charles Barkley fumbling with touchscreens, to the actual bracket getting leaked on Twitter prior to the network unveiling.

Thankfully for all involved, basketball gets started with a First Four doubleheader Tuesday night. As of Monday morning, Florida Gulf Coast is a consensus six-point favorite over Fairleigh Dickinson, while Wichita State is giving three points to Vanderbilt.

NCAA Tournament futures odds

 WestgateWilliam Hill5Dimes
Kansas9/29/2+515
Michigan State5/19/2+815
North Carolina5/14/1+635
Virginia12/115/1+900
Villanova12/118/1+1300
Kentucky15/110/1+1350
Oregon15/112/1+2200
Oklahoma20/118/1+1200
Xavier25/130/1+3000
West Virginia25/125/1+1800
Duke25/128/1+2500
Miami30/140/1+5000
Texas A&M30/130/1+3000
Indiana30/140/1+4000
Purdue30/150/1+3300
Maryland30/130/1+3500
Utah40/140+6600
California40/150/1+6000
Arizona40/135/1+4500
Iowa State60/160/1+5500
Baylor60/150/1+8000
Texas 80/175/1+5500
Notre Dame80/175/1+11000
Seton Hall80/150/1+15000
Gonzaga80/1100/1
Wisconsin100/1100/1+10000
Dayton100/1200/1+20000
Iowa 80/1150/1+8000
Uconn100/150/1
Vanderbilt100/1200/1
Wichita State80/1100/1
Oregon State80/1300/1+35000
St. Joseph's200/1125/1
Providence200/175/1
Butler200/1200/1
Cincinnati200/1125/1
VCU200/1200/1
Michigan 200/1300/1
Texas Tech200/1300/1
Colorado200/1200/1
Pitt300/1200/1
Syracuse300/1200/1
Temple300/1250/1
Tulsa300/1300/1
Northern Iowa500/1250/1
Chattanooga500/1600/1
Arkansas-Little Rock500/1600/1
Hawaii1000/1400/1
Buffalo1000/1400/1
Fresno State1000/1400/1
S.F. Austin1000/1250/1
Middle Tenn. State1000/11000/1
Yale1000/1600/1
South Dakota State1000/11000/1
NC Wilmington2000/1600/1
Stony Brook2000/11000/1
Iona2000/1400/1
Wisc-Green Bay2000/1750/1
Cal St. Bakersfield2000/12500/1
UNC-Asheville2000/11000/1
Weber State5000/1600/1
Austin Peay9999/12500/1
Hampton9999/15000/1
Fla. Gulf Coast9999/15000/1
Fairleigh Dickinson9999/15000/1
Southern9999/15000/1
Holy Cross9999/15000/1

AROUND THE WEB

LOOK WHO’S TALKING

“We go to great lengths to prevent the tournament field from being revealed early and the NCAA took its usual measures to prevent this from happening. Unfortunately, and regrettably, the bracket was revealed prior to our broadcast partners having the opportunity to finish unveiling it. We take this matter seriously and we are looking into it.”—NCAA statement after the official brackets were leaked early on Twitter on Sunday.

TWEETS OF NOTE

ODDS & ENDS

ODDSMAKER’S TAKE

“It’s almost like they had the seeds backwards here. The ceiling for Gonzaga is much higher. That’s one of the teams that’s a double-digit seed, though they shouldn’t be, that could go far in the tournament.”—Jay Rood, VP of race and sports for MGM Resorts, on one of many gripes with this year’s NCAA tournament bracket.