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Is Gonzaga "Over Favored" to win it all?

BlueMonster

Heisman
Apr 2, 2002
19,940
13,402
113
This morning, Gonzaga is currently a 5/4 favorite to win the entire tournament (see below)
Odds of Winning the Championship

This means if RIGHT NOW you bet $100 on Gonzaga to win the championship you can win $125

The crazy part is for your $100 bet to win you $125, Gonzaga needs to win 3 consecutive games???
What???

My calculation is that Odds-Makers say Gonzaga has a 56% chance to win it all RIGHT NOW

This means they have on average a win probability of 83% in each of the next three games
The Championship Game alone probability will be lower, but not a LOT lower.

Is Gonzaga OVER-FAVORED?
 
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