March Madness Bet Losses on Winners at Sports Gambling

March Madness bet fans in 2008 saw the Memphis Tigers try for a perfect season that made them a popular team to bet March Madness with.

March Madness bet action grew towards Memphis in bigger numbers as many casual fans bet March Madness on the Tigers drive to perfection. One of the great ironies for those who like to make a March Madness bet is that many teams become LESS valuable the more that they win.

Memphis was a great March Madness bet example of this irony. By February it was apparent that the Tigers had a legitimate shot at being undefeated entering March Madness bet action and this served to draw ever increasing attention and cash in their direction.

As the regular season winded down March Madness bet fans were salivating at the chance to bet March Madness with the Tigers. Memphis went a perfect 10-0 straight up to end the regular season but went just 2-8 against the spread which was a dangerous and telling March Madness bet indicator that their value was plummeting.

Memphis was clearly becoming too popular with casual fans that like to make a March Madness bet. Their lack of March Madness bet value continued in the conference USA tournament as they breezed through their three games to win the title but got the cash only once.

Memphis entered the “Big Dance” with a perfect record but also with rapidly declining March Madness bet value as they covered just 3 of their last 13 games entering their first dance against Texas-Arlington. Memphis continued to come up short for those who bet March Madness on them with an 87-63 win as prohibitive 25.5-point chalks.

They then failed to get the cash yet again in their second dance against Mississippi State in a 77-74 close call win as 9.5-point chalks. This increased their March Madness bet slump to 1-4 against the board in post season and 3-12 in their last 15 games overall!

From there, against tougher and more respected teams, the Tigers regained value and covered three straight games to make the title match against Kansas where they were 2-point chalks. In an epic for the ages Memphis lost a heartbreaker 68-75 in overtime, one win short of perfection!

The Tigers gave gamblers a great lesson in how the more a team wins, the more that a bettor can lose!