The best sleepers are those that come out of nowhere. If everyone is taking the same upset pick, then the overall benefit of picking it—either in your bracket or at the sportsbook—immediately diminishes.
Furthermore, it sort of defeats the purpose to pick against a better team that comes into a game with a mental edge it otherwise would’ve lacked had everyone not doubted them.
The Mountain West is rated No. 1 in conference RPI and has people like Charles Barkley proclaiming it’s the best league in America.
The problem? Oddsmakers don’t agree.