While you won't catch me betting on the MWC against the spread in any games in the first round, or picking any of their teams, it should be noted that Nevada is the worst of the bunch. So they might not represent all the MWC.. or they might.
Nevada started well this year, and then backed into the tournament really struggling
They had lost their last 3 games before the tourney to teams that were neither NCAA or NIT level.
They essentially built their resume before January 31st, and then went backwards from there.