Jayhawks, Tar Heels each 7-2 favorites to win NCAA tournament

No. 1 seeds Kansas and North Carolina head into the Sweet 16 as the co-favorites to win the NCAA tournament.

The Jayhawks and Tar Heels are each 7-2 at the Westgate SuperBook. Kansas is a 6.5-point favorite over Maryland on Thursday, and North Carolina is a 5.5-point favorite over Indiana on Friday in the Sweet 16. The Jayhawks and Tar Heels are on opposite sides of the bracket and would not meet until the championship game.

No. 1 seed Virginia is next at 5-1, followed by No. 2 seed Villanova at 8-1. The Cavaliers' stock climbed after the No. 2 seed in the Midwest Region, Michigan State, was eliminated in a first-round upset. More money was bet on the Spartans to win the tournament than any other team at the SuperBook. Michigan State was the favorite at most books before Selection Sunday.

Virginia faces No. 4 Iowa State on Friday. Villanova faces third-seeded Miami on Thursday.

Oregon and Oklahoma, the top two seeds in the West respectively, are each at 12-1.

No. 11 Gonzaga, the highest remaining seed in the tournament, has attracted some decent-sized money. On Sunday, sportsbook operator CG Technology took a $3,000 bet on the Zags at 27-1. The bet would produce an $81,000 win.

Notre Dame, Wisconsin and Syracuse have the longest odds of any of the Sweet 16 teams; each is listed at 50-1.