Place Your Bets: Money flows for March Madness

Big Tournament
B10 Michigan Michigan St Basketball_1552905628333

Michigan State’s Matt McQuaid (20) celebrates after shooting a 3-point basket during the second half of an NCAA college basketball championship game against Michigan in the Big Ten Conference tournament, Sunday, March 17, 2019, in Chicago. (AP Photo/Kiichiro Sato)

Betting on March Madness is starting with many gamblers throwing their weight behind Duke and freshman phenom Zion Williamson.

William Hill US says nearly 20 percent of the money bet on the NCAA Tournament winner over the past year has backed the Blue Devils, who were listed as a 2-1 favorite in odds adjusted following the release of the bracket.

The sportsbook operator says 9 percent of the actual wagers have come in on Gonzaga or Duke, meaning the Bulldogs are popular but gamblers placing more expensive bets are backing the Blue Devils, top seed in the East.

Virginia and Gonzaga are each listed at 6-1 odds to win the title, while North Carolina is 8-1.

Betting on March Madness is shifting this year with the expansion of legalized sports gambling beyond Nevada. New Jersey, Rhode Island and several other states have legalized sports betting since a U.S. Supreme Court ruling last year

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

COVID-19 SAFETY TIPS

COVID Tip: Wash Your Hands

Thumbnail for the video titled "COVID Tip: Wash Your Hands"

COVID Tip: Cover When Coughing and Sneezing

Thumbnail for the video titled "COVID Tip: Cover When Coughing and Sneezing"

COVID Tip: Disinfecting

Thumbnail for the video titled "COVID Tip: Disinfecting"

COVID Tip: Cover Your Mouth

Thumbnail for the video titled "COVID Tip: Cover Your Mouth"

COVID Tip: Avoid Close Contact

Thumbnail for the video titled "COVID Tip: Avoid Close Contact"

COVID-19 Tip: Disinfect Areas

Thumbnail for the video titled "COVID-19 Tip: Disinfect Areas"

COVID-19 Tip: Wash Hands Often

Thumbnail for the video titled "COVID-19 Tip: Wash Hands Often"

NBC Sunday Night Foootball

Watch the Olympic Games LIVE, anywhere, on your mobile device!

ValleyCentral App Links

App Store Link
Google Play Link