The 15th-ranked Peacocks could be up to 10,000-1 to win the national men’s basketball championship before the start of the tournament. Taken aback by Kentucky, Murray State and Purdue, they became the only team to ever win two NCAA tournament games as a double-digit underdog and are the first 15-seed to reach the Elite Eight. 2 About Entering Sunday’s game against North Carolina, Saint Peter’s is 40-1 to win the national championship at BetMGM. According to Jason Scott, BetMGM’s vice president of trading, the Peacocks’ victory in the league would be the biggest loss in a futures market – in any sport – in the company’s history. Scott declined to specify the exact size of the obligation, but the largest Peacocks national title ticket at BetMGM is $ 4,000 at 200-1, which would pay a net $ 800,000. There are hundreds of smaller bets on St. Peter in big odds as well. The Peacocks are an 8.5-point underdog against the Tar Heels in the East Regional final. New Jersey sports books are prohibited from offering bets at state colleges. Saint Peter’s is located in Jersey City. However, state sports books offered a chance to win the Eastern District, but did not include the Peacocks as an option. Therefore, even if St. Peter’s upset North Carolina, New Jersey sports betting would pay for any Tar Tickets tickets as the “best finisher” in the Eastern District. Sports books in the state are not allowed to offer a purchase of futures contracts without paying a winner. As of Sunday morning at FanDuel sports betting, 89% of the bets and 73% of the dollars bet on the absolute winner of Saint Peter’s-North Carolina were in the Peacocks.
