Calling Off the Huskies

We’re officially off the “add more” button on UConn futures.

If you’ve been with us since last year’s Final Four, you already know the story: UConn is double-digits better than anyone in the country. That was true at +300, +250, +200… and it’s still true now. The difference is the price. What used to be a sharp, high-upside position has turned into a mainstream bandwagon bet sitting around -150. You’ll probably still win it, but you’re no longer getting paid for being early or being right.

This Huskies team is historically good. Sarah Strong is the best player in the sport, Azzi Fudd is a top-three player, and the depth behind them is absurd. Even if one of them misses time, UConn might still grind its way to a title. But that’s the point: might. At -150, you’re paying a premium that assumes perfect health, clean paths, and no variance in a one-and-done tournament. That’s not how March works.

The pattern is classic: we loved UConn when the market still doubted them; now every square bettor on the planet has “discovered” the same edge and is rushing to the window. When the mainstream is raving, the value is usually gone and the market is closer to topping than bottoming.

So yes, we still like our existing UConn positions and we’re happy to ride them. But at this price, for new bets, we’re out. Sometimes the sharpest play is to stop adding right when everyone else finally wants in.