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  • Track the odds to win the NCAA Tournament and see who is favored to win 2024 March Madness
  • Purdue has surpassed Kansas as the betting favorite in the 2024 March Madness odds followed UConn, Arizona, and Marquette
  • View the odds to win 2024 March Madness for all remaining teams

The 2024 March Madness tournament is scheduled to begin with the “First Four” on Tuesday, March 19 in Dayton, Ohio. The first round will follow on Thursday, March 21, and Friday, March 22, at eight regional sites across the country. The Final Four will take place at State Farm Stadium in Glendale, Arizona, on Saturday, April 6, with the title game  on Monday, April 8.

The graphs below show the odds to win the 2023 NCAA Men’s Basketball Tournament, which opened the night of April 4th, 2022, immediately after Kansas completed an epic 15-point comeback against North Carolina in the title game.

Jump to: ACC Teams / Big 12 Teams / Big East Teams / Big Ten Teams / Pac-12 Teams / SEC Teams / Mid-Majors

Also on this page: March Madness Betting Options / March Madness FAQs

2024 March Madness Odds

 

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2024 NCAA Tournament Favorites

Team
Best Odds
DraftKings
BetMGM
FanDuel
Bet365
CONN
HOU
PUR
ARIZ
FanDuel
+1300
+1200
+1000
+1300
+1200
TENN
FanDuel
+1300
+1200
+1200
+1300
+1200
AUB
FanDuel
+2100
+2000
+1800
+2100
+2000
ISU
FanDuel
+2100
+2000
+2000
+2100
+2000
UNC
FanDuel
+2300
+2000
+1800
+2300
+2000
MARQ
BetMGM
+2500
+2200
+2500
+2100
+2200
DUKE
DraftKings
+2500
+2500
+2500
+2300
+2500
ALA
FanDuel
+3000
+2500
+1800
+3000
+2500
KU
DraftKings
+3000
+3000
+2000
+3000
+2800
CREI
BetMGM
+3000
+2800
+3000
+3000
+2800
UK
FanDuel
+3500
+2200
+2200
+3500
+2200
ILL
BetMGM
+3500
+3000
+3500
+3000
+3300
BAY
BetMGM
+3500
+3000
+3500
+3000
+3300
BYU
FanDuel
+6500
+5000
+6000
+6500
+5000
MSU
FanDuel
+7000
+6000
+5000
+7000
+5000
SDSU
Bet365
+7500
+7000
+6000
+7000
+7500
SMC
FanDuel
+7500
+7000
+6600
+7500
+6600
FLA
BetMGM
+8000
+6000
+8000
+7000
+7500
SCST
DraftKings
+8000
+8000
+8000
+8000
+8000
WIS
FanDuel
+10000
+8000
+5000
+10000
+5000
GONZ
Bet365
+10000
+7500
+8000
+7500
+10000
WSU
DraftKings
+10000
+10000
+10000
+8000
+10000
FAU
DraftKings
+10000
+10000
+8000
+10000
+10000
CLEM
DraftKings
+10000
+10000
+10000
+10000
+10000
TTU
BetMGM
+12500
+10000
+12500
+10000
+10000
TEX
BetMGM
+12500
+10000
+12500
+10000
+10000
MSST
BetMGM
+12500
+10000
+12500
+9000
+10000

NCAA Men’s National Championship odds above are updated every 15-60 minutes from top online sportsbooks, including DraftKings Sportsbook.

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March Madness Odds Movement Timeline

  • Jan. 22, 2023: A packed group at the top is now led by Purdue (+821), Houston (+1043), Arizona (+1057), and UConn (+1086).
  • Nov. 21, 2023: Tennessee, which opened at +4000, has improved to +1857 during their 4-0 start, eighth-best in the nation.
  • Nov. 14, 2023: The Jayhawks remain the NCAA Tournament betting favorite early in the season, with Purdue moving up to second after Duke suffered a home loss to Arizona.

Best Sportsbooks for March Madness Betting

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March Madness has become one of the busiest times of the year for sportsbooks. With online sports betting legalized in nearly half of the United States already, the 2022 NCAA Tournament is going to be the most-heavily-bet March Madness tournament in history. The sportsbooks listed above are offering the biggest sign-up bonuses in the country at the moment.

But note that not all are available in the same subset of states. Visit the following pages to see where they are operational:

ACC Teams

ACC Team National Championships Year(s)
UNC 6 1957, 1982, 1993, 2005, 2009, 2017
Duke 5 1991, 1992, 2001, 2010, 2015
Louisville 3 1980, 1986, 2013
NC State 2 1974, 1983
Syracuse 1 2003
Virginia 1 2019
Boston College 0 N/A
Clemson 0 N/A
Florida State 0 N/A
Georgia Tech 0 N/A
Miami 0 N/A
Notre Dame 0 N/A
Pittsburgh 0 N/A
Virginia Tech 0 N/A
Wake Forest 0 N/A

 

Big 12 Teams

Big 12 Team National Championships Year(s) Final Fours (Most Recent)
Kansas 4 1952, 1988, 2008, 2022 15 (2022)
Cincinnati 2 1961, 1962 6 (1992)
Oklahoma State 2 1945, 1946 6 (2004)
Baylor 1 2021 3 (2021)
Houston 0 N/A 6 (2021)
Oklahoma 0 N/A 5 (2016)
Kansas State 0 N/A 4 (1964)
Texas 0 N/A 3 (2003)
West Virginia 0 N/A 2 (2010)
Iowa State 0 N/A 1 (1944)
Texas Tech 0 N/A 1 (2019)
UCF 0 N/A 1 (1978)
TCU 0 N/A N/A
BYU 0 N/A N/A

 

Big East Teams

Big East Team National Championships Best NCAA Tournament Finish (Year)
UConn 5 Champion (1999, 2004, 2011, 2014, 2023)
Villanova 3 Champion (1985, 2016, 2018)
Georgetown 1 Champion (1984)
Marquette 1 Champion (1977)
Butler 0 Runner-up (2010, 2011)
Seton Hall 0 Runner-up (1989)
St. John’s 0 Runner-up (1952)
DePaul 0 Final Four (1943, 1979)
Providence 0 Final Four (1973, 1987)
Creighton 0 Elite Eight (1941)
Xavier 0 Elite Eight (2004, 2008, 2017)

 

Big Ten Teams

Big Ten Teams National Championships Best NCAA Tournament Finish (Year)
Indiana 5 Champion (1940, 1953, 1976, 1981, 1987)
Michigan State 2 Champion (1979, 2000)
Maryland 1 Champion (2002)
Michigan 1 Champion (1989)
Ohio State 1 Champion (1960)
Wisconsin 1 Champion (1941)
Illinois 0 Runner-up (2005)
Iowa 0 Runner-up (1956)
Purdue 0 Runner-up (1969)
Minnesota 0 Final Four (1997)
Penn State 0 Final Four (1954)
Rutgers 0 Final Four (1976)
Northwestern 0 Round of 32 (2017)
Nebraska 0 Round of 64 (0-7 all-time tournament record)

 

Pac-12 Teams

PAC-12 Team National Championships Best NCAA Tournament Finish (Year)
UCLA 11 Champion (1964, 1965, 1967-73, 1975, 1995)
Arizona 1 Champion (1997)
California 1 Champion (1959)
Oregon 1 Champion (1939)
Stanford 1 Champion (1942)
Utah 1 Champion (1944)
Washington State 0 Runner-up (1941)
Colorado 0 Final Four (1942, 1955)
Oregon State 0 Final Four (1949, 1963)
USC 0 Final Four (1940, 1954)
Washington 0 Final Four (1953)
Arizona State 0 Elite Eight (1961, 1963, 1975)

 

SEC Teams

SEC Team National Championships Best NCAA Tournament Finish (Year)
Kentucky 8 Champion (1948-49, 1951, 1958, 1978, 1996, 1998, 2012)
Florida 2 Champion (2006-07)
Arkansas 1 Champion (1994)
Auburn 0 Final Four (2019)
 Georgia 0 Final Four (1983)
LSU 0 Final Four (1953, 1981, 1986, 2006)
Mississippi State 0 Final Four (1996)
South Carolina 0 Final Four (2017)
Alabama 0 Elite Eight (2004)
Missouri 0 Elite Eight (1944, 1976, 1994, 2002, 2009)
Tennessee 0 Elite Eight (2010)
Vanderbilt 0 Elite Eight (1965)
Ole Miss 0 Sweet 16 (2001)
Texas A&M 0 Sweet 16 (1951, 1969, 1980, 2007, 2016, 2018)

 

Top Mid-Majors

March Madness Betting Options

While this page tracks the odds to win the NCAA Tournament title – also called an “outright” betting market – there are myriad other ways for bettors to wager on the NCAA Tournament.  The subsections below explore how to bet on March Madness in more detail.

March Madness Futures: Sweet 16 & Final Four Odds

Once the bracket is set, sportsbooks will release a number of other March Madness futures betting options. These include betting on teams to reach the Sweet 16 and Final Four odds. The payout is obviously lower than correctly picking the tournament winner, but the chances of winning these wagers is of course great.

There is no single correct March Madness betting strategy; with the amount of roster (and even coaching) turnover in college basketball, each season has to be approached anew.

Moneyline

As with regular-season games, each game in the NCAA Tournament can be wagered on individually. The most straightforward way to bet on a March Madness game is to bet the moneyline. This means betting on a team to win the game straight-up. If they advance to the next round, you win your bet.

Point Spreads

You can also bet each game against the spread, meaning betting on either the favorite to win by more than a set number of points or the underdog to not lose by that same number of points. Betting against the spread will be more common for lopsided games, for example, if Gonzaga is a 35.5-point favorite against its first-round opponent, sportsbooks may not even post a moneyline.

Totals

Each March Madness game can also be bet over or under the game total. Sportsbooks will set a game total for each game in the tournament and they will be wildly different depending on which teams are playing. You could see totals anywhere from about 115.5 to 174.5. Teams that play at a slower tempo (think Virginia and Texas) tend to score fewer points (because there are fewer possessions over the course of the game) and vice versa for teams that play quickly (think Gonzaga and Alabama).

NCAA Tournament Game Odds

When the 2023 March Madness tournament begins (on March 14), bettors will be able to find all the college basketball odds on SBD along with game previews and picks for each of the 63 games in the tournament proper.

Note that the odds for first-round games will come out on Selection Sunday (March 12) which means there will be nearly four full days of betting before tip-off. Monitor the college basketball public betting trends to see which teams are being most-heavily backed and how the lines are moving.

SBD’s editorial staff will release its annual expert brackets on Monday, March 13.

Best NCAAB Sports Betting Promos

Once you understand the types of wagers that can be made on the NCAA Tournament, it is a good idea to check out the March Madness bonuses available from the country’s top sportsbooks. Follow the links  below to see the available sports-betting promo codes and bonus offers available at each sportsbook. (You will also find a list of which states those sportsbooks are operating in.)

March Madness FAQs

When is Selection Sunday?

This year, Selection Sunday is March 17, 2024.

When does March Madness start?

The First Four, which reduces the field from 68 to 64 teams, take place on March 19 and 20. The first round (a.k.a. the round of 64) takes place on March 20 and 21, 2024.

What is the difference between March Madness point spreads and moneylines?

Moneyline odds are the odds to win the game. With bets against the spread, the favorite has to win by a certain number for wagers to cash, while underdogs can still win against the spread as long as they don't by more than a certain number.

What is a March Madness futures bet?

If you make a futures bet on a team, you are wagering on them to reach a certain stage of the tournament - more than just one game. The most-common futures bet is wagering on a team to win the national championship. But bettors can also wager on teams to e.g. reach the Sweet 16, Elite Eight, and/or Final Four.

Can I bet on individual games in the March Madness tournament?

Yes, though which teams you can bet on depends on the state in which you live. Some states (like New Jersey) do not allow residents to bet on in-state schools at all. Others (like Massachusetts) only allow residents to be on in-state schools' futures (not single games). While some (like Colorado and Ohio) do permit single-game betting on in-state schools. Everyone who lives in a legal sports-betting state can wager on single games for out-of-state teams in March Madness.

Who has won the NCAA Tournament the most?

UCLA has won the most college basketball national championships (11), followed by Kentucky (8), North Carolina (6), UConn (5), Duke (5) and Indiana (5). The only other schools with more than two are Kansas (4) and Villanova (3). Seven more schools have two titles (Cincinnati, Florida, Louisville, Michigan State, NC State, Oklahoma State, and San Francisco).

Who has the best odds to win March Madness?

Kansas has started as the favorite to win the 2024 NCAA Men's Basketball Tournament.


Archived NCAA Tournament Odds: 2023, 2022, 2021, 2020, 2019, 2018