|North Carolina St||6000||20244||30%|
Likely the whole comparison doesn't mean anything, but the ratio might say something about which teams the PM thinks are undervalued or overvalued. This assumes that Indiana is more-or-less correctly valued. Not unsurprisingly, the PM thinks Florida is undervalued, Wisconsin even more so, and teams like tOSU, Oklahoma State and Pittsburgh as well. Very overvalued are Miami and New Mexico, and significantly over-valued includes Duke, MSU, Georgetown, UCLA and Butler. In the latter you can see a common thread of teams where bettors might be over-enthusiastic because of the popularity of the program, recent performance, etc.