2023 NCAA Tournament odds: Princeton shocks Arizona, big sports-betting upset

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One of probably the most enjoyable issues about betting on March Madness is that each single sport issues — a lesson that was bolstered with resounding energy on the primary day of the 2023 NCAA Men’s Tournament.

The No. 15-seed Princeton Tigers took down the No. 2-seed Arizona Wildcats in a surprising 59-55 win.

Oddsmakers — like most followers and bettors — predicted AZ to return out on high on this one. The Wildcats got here into Thursday’s contest as big 14.5-point betting favorites at FOX Bet. Princeton’s monyeline odds coming into the matchup sat at +600 at FOX Bet. This means bettors who threw some money on the Tigers to win straight-up received an enormous return on their funding. 

Arizona was a preferred decide among the many pundits and at sportsbooks, because the workforce’s title odds have been +1600 at FOX Bet (seventh-lowest odds) coming into the event. 

To say that the Tigers are underdogs on this tourney is an understatement. Before the ball tipped on this season’s Madness, Princeton’s odds to win all of it have been +50000 at FOX Bet. A $10 wager on the Tigers with these insurmountable odds may win bettors $5,010 in the event that they in some way handle to go all the best way.

Per FOX Sports Research, a 14-plus level favourite has misplaced straight up 12 instances since 1985, and all 12 cases occurred within the Round of 64. With Arizona closing as 14.5-point favorites at FOX Bet, it’s tied because the Tenth-biggest upset in NCAA Tournament historical past by the unfold.

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Arizona has now had this occur twice since 1985, becoming a member of Iowa State as the one applications to lose as 14-point favorites greater than as soon as in that span.

When it involves Princeton, that is the workforce’s first event win since 1998. This can be the primary event win by an Ivy League workforce since Yale defeated Baylor in 2016.

Stay tuned to this house for extra loopy upsets and dangerous beats!

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