"March Madness Upset: Virginia Falls to Colorado State in First Four"

The NCAA Tournament's opening First Four games saw the betting public take a hit as Virginia's loss to Colorado State and Howard's defeat by Wagner resulted in significant losses for public bettors. Despite receiving heavy support, Virginia's poor showing and Howard's unexpected loss proved costly for many. As March Madness continues, the hope is that this trend doesn't persist, but some experts had warned about these outcomes.