Wiggins Signing Sends Kansas March Madness Betting Odds Soaring

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Wiggins Signing Sends Kansas March Madness Betting Odds Soaring
Jonathan Daniel/Getty Images

Andrew Wiggins was a big deal in high school basketball and will be a big deal in the NBA.

As it turns out, he's such a big deal in college basketball that his decision to play in Kansas completely changed the betting odds for the 2013-14 season.

One sportsbook even declined to post March Madness 2014 future odds until Wiggins signed. When he did sign this week, they opened the Jayhawks as the second betting choice just behind Kentucky (at 5-1).

Another had Kansas at 30-1 last week on the heels of losing all four of last season's starters, but that same shop had Kansas at 10-1 this morning.

"We were waiting on him to sign before opening these odds up," said Kevin Bradley of Bovada sportsbook.

"He is the biggest impact player we have seen in a long time and he is an immediate difference maker on college basketball future odds."

The Toronto-born Wiggins played basketball at a Huntington, West Va school this year. He was the 2013 Naismith Prep Player of the Year and the 2013 Gatorade National Boys Basketball Player of the Year.

Wiggins, the son of former NBA player Mitchell Wiggins, was believed to be headed to Florida State—where his father played. His brother Nick plays at Wichita State and Kansas could now be headed to the Final Four just like WSU did this past March.

Bovada also made him the early favorite to be picked No. 1 in the 2014 NBA draft. He was sitting at -300 this morning. Bookies also posted odds on how many points per game he will average as a Jayhawk.

"To go to 10-1 from 30-1 on one teenager signing is not something you see every day," said Mark Presley of OddsShark.com. "It's good for business when the marquee schools are threats to win it all and when those schools enjoy the marquee talent."

Defending national champions Louisville was the third betting choice while perennial Final Four threat Michigan State was fourth.

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