March Madness Predictions: Our 3 Favorite Underdogs for the First Round

Jason Logan breaks down his favorite March Madness underdog bets for Round 1 including the Arkansas Razorbacks.

Jason Logan: Senior Betting Analyst at Covers
Jason Logan • Senior Betting Analyst
Mar 17, 2025 • 13:57 ET • 4 min read
Arkansas Razorbacks head coach John Calipari talks with guard D.J. Wagner (21), forward Karter Knox (11), and guard Johnell Davis (1).
Photo By - Imagn Images. Arkansas Razorbacks head coach John Calipari talks with guard D.J. Wagner (21), forward Karter Knox (11), and guard Johnell Davis (1).

The “Madness” of March can be a dangerous place for college basketball bettors. It’s very easy to get swept up in the Cinderella stories, making every underdog a “live” bet to cover the spread.

The truth, however, is far less romantic. 

Last year’s Big Dance saw betting underdogs go 20-47 SU and 27-40 ATS (from First Four to Final). That’s a mere 40% cover rate for NCAA Tournament pups. But that’s not to say there isn’t value is taking the points this March.

If you’re looking for a little bark in your college basketball bets, here are three underdog March Madness picks I believe have bite in the opening rounds of the 2025 NCAA Tournament.

3 March Madness underdogs to bet

No. 10 Arkansas Razorbacks vs. No. 7 Kansas Jayhawks: Arkansas +4.5 (-110 at bet365)

I can’t take full credit for this wager. My Covers colleague Rohit Ponnaiya was all over the Arkansas Razorbacks out of the gate, betting the Razorbacks +4.5. 

He likes the Hogs’ lineup moves from head coach John Calipari, who knows a thing or two about winning in March. Arkansas is down standout Adou Thiero for the Round of 64 but has countered that by going big and tightening up on defense. 

The Kansas Jayhawks have been one of the biggest disappointments of the season and back into the bracket with a 4-5 record in its last nine, including a flop in the Big 12 tournament. The Razorbacks, on the other hand, are playing their best basketball at the right time and own a 9-3-1 ATS mark in their last 13 games.

Game models give KU the nod, but the margins are very tight with projections as low as Kansas winning by one point.

No. 13 Akron Zips vs. No. 4 Arizona Wildcats: Akron +14 (-110 at bet365)

The Akron Zips' offense is a handful. The Zips play at a fast pace and thrive in the open court while also making teams pay from beyond the arc. Akron averages almost 11 triples on 36.6% shooting.

The Arizona Wildcats look much stronger on paper, but the Wildcats have their faults, especially when it comes to perimeter shooting. Arizona isn’t great from deep, hitting less than seven 3-pointers per game.  If the Zips get hot from outside, the Wildcats may not be able to go tit-for-tat.

Akron might not knock off this college blue blood in the Round of 64 but game projections range from Arizona by 16 to as short as a five-point game. My number comes out to a Wildcats win by 12. 

No. 16 Mount Saint Mary’s Mountaineers vs. No. 16 American Eagles: Mount Saint Mary’s +2.5 (-110 at bet365)

Unlike most March Madness matchups, these two play-in programs from the DMV know each other well. They’ve played in non-conference competition six times since 2017 with each of those outings being very competitive.

The St. Mary's Mountaineers and American Eagles run methodical offenses ranked low in tempo, so neither team will run away with this game. 

American is reliant on the 3-pointer, with more than 37% of its offense coming from distance. Mount Saint Mary’s defense protects the perimeter, allowing just 31.4% success from outside. The Mountaineers are also very sound on the glass, so don’t expect any second-chance looks from American University.

With this game taking the teams to Dayton on a short turnaround, I’m leaning toward Mount Saint Mary’s and its stellar results away from home. The Mountaineers are a collective 14-3 ATS outside of Emmitsburg.

Game models basically call for a one-point game with the winner varying from forecast to forecast. That’s good enough for me when getting +2.5 with the Mountaineers. 

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Jason Logan Senior Industry Analyst Covers.com
Senior Betting Analyst

In his 20 years with Covers, lead NFL betting analyst “JLo” has seen it all and bet it all. Through the wild west of early Internet gambling to lobbying for legalized sports betting to our brave new wagering world, Jason has been a consistent source of actionable info and entertainment for squares and sharps alike.

Since joining the Covers team back in 2005, he’s honed his handicapping skills to provide audiences with the most thorough insights, blending traditional capping methods with advanced modelling and predictive analysis. Jason has studied the ins and outs of the sports betting business, learning from some of the most successful gamblers in the industry and the biggest sportsbook operators on the planet.

He is under center for Covers during NFL season as our top NFL expert, taking the points in his infamous “NFL Underdogs” column and representing the Covers Community at the Super Bowl. While he lives for football season, Jason’s first love is basketball and that shows in his in-depth NBA, NCAA, and WNBA betting breakdowns.

On top of being a mainstay in media from coast to coast – WPIX, PHL17, Fox 5 San Diego, WGNO, TSN, SportsNet, ESPN Radio – he’s had his analysis featured in USA Today, MSNBC, ESPN, the Wall Street Journal, CBS, Bloomberg, the L.A. Times, the New York Times and other major publications. You can also find JLo stuffing all the top picks and predictions he can into 10 minutes as the host of Covers’ flagship podcast, The Sharp 600.

His best advice for bettors new and old is “Handicapping isn’t a ‘one size fits all’ process. The impact and importance of information varies from bet to bet. Treat each wager different than the last.”

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