March Madness tournament odds: How far can San Diego State, New Mexico go

The Mountain West has not played all that great in the NCAA tournament, and one can look at last year's lack of success where the league had five tournament teams, plus every seed but one was a higher seed. Yet, with a great year there were zero teams that made it to the Sweet 16.

The oddsmakers have placed various odds on who far San Diego State, New Mexico and even how far the league itself can go in the tournament.

First up is the odds to win the NCAA tournament, per @BovadaLV, with San Diego State given 50/1 odds and New Mexico at 100/1, so pretty much a long shot for other time.

They also provided the odds to win the regional round, and both San Diego State and New Mexico are lined up with their seed line. Actually, New Mexico is given the sixth best odds in their region despite being a No. 7 seed.

2014 South Region
Florida #1 9/5
Kansas #2 15/4
Syracuse #3 5/1
UCLA #4 9/1
VCU #5 9/1
New Mexico #7 12/1
Pittsburgh #9 14/1
Ohio State #6 14/1
Stanford #10 40/1
Dayton #11 50/1
SF Austin #12 50/1
Colorado #8 66/1
Tulsa #13 66/1
Western Michigan #14 100/1
Eastern Kentucky #15 100/1
Albany #16 200/1
Mount Saint Mary's #16 200/1

2014 West Region
Arizona #1 2/1
Wisconsin #2 4/1
Creighton #3 4/1
San Diego State #4 9/1
Oklahoma State #9 12/1
Baylor #6 14/1
Oregon #7 14/1
Oklahoma #5 16/1
Gonzaga #8 18/1
Nebraska #11 40/1
New Mexico State #1 350/1
BYU #10 66/1
UL Lafayette #14 75/1
North Dakota State #12 50/1
American #15 100/1
Weber State #16 100/1

They also toss out odds per conference to win the NCAA tournament, and the Mountain West does get consideration, but are not projected to do well.

Big Ten 7/2
ACC 15/4
American Athletic 5/1
SEC 5/1
Big East 6/1
Pac 12 6/1
Big 12 7/1
Atlantic 10 20/1
Mountain West 33/1

As for the advanced stats people out there, FiveThirtyEight gives San Diego State the 21st best percentage odds of winning the whole tournament. Here are the round-by-round percentages of San Diego State's chances from both FiveThirtyEight and PredictionMachine.com

Here are New Mexico's chances from FiveThiretyEight and PredictionMachine.com: