Vegas likes Kentucky, Ohio St to win NCAA tourney
Monday, March 12, 2012
LAS VEGAS (AP) -- Las Vegas casinos like top seed Kentucky better than all the other teams in the NCAA tournament, but think Ohio State is better than any of the other No. 1s.
Oddsmaker Mike Colbert of Cantor Gaming said Monday that Kentucky is a 5-2 favorite to win the championship, despite losing the Southeastern Conference championship to Vanderbilt on Sunday.
Colbert, Cantor's risk management director, says Kentucky has been the best team most of the year and will likely benefit from the loss.
Colbert says Ohio State at 6-1 is the second favorite. He says oddsmakers believe the Buckeyes would beat any team besides Kentucky on a neutral floor.
Gambling expert RJ Bell of Pregame.com says Vegas odds are a good predictor for the tournament because they're backed by millions of dollars.
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