Forget oddsmakers. Have monkeys throw darts!

May 29, 2001
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Oddsmakers make terrible predictors when it comes to March Madness.

These odds were posted after Sweet Sixteen field was revealed. 2 games later, oddsmakers are in tatters.

Only 6th choice UConn, 7th choice Creighton, 9th choice Texas, 13th choice Florida Atlantic, 14th choice San Diego, 15th choice Miami are alive and 2 of them will be gone on Sunday. Monkeys throwing darts at names on a wall could do as well.

First 5 choices are gone. So much for paying attention to oddsmakers in March Madness.

Here were the odds for making the Final Four when March Madness got down to the Sweet Sixteen, which was only 2 games away from the Final Four:

Team Odds (March 22) Odds (pre-tourney)
Alabama -134 +175
Houston +100 +140
Tennessee +130 +500
Gonzaga +175 +350
UCLA +175 +300
UConn +190 +450
Creighton +200 +700
Kansas State +200 +900
Texas +225 +300
Michigan State +250 N/A
Arkansas +300 N/A
Xavier +350 +1,100
Florida Atlantic +400 N/A
San Diego +550 +1,200
Miami (FL) +600 +1,200
Princeton +2,300 N/A

Still alive:
2 seed Texas
4 seed Connecticut
5 seed Miami
5 seed San Diego
6 seed Creighton
9 seed Florida Atlantic