Team
Best Odds
CONN 
KU 
DUKE 
ALA 
HOU 
GONZ 
UNC 
ARIZ 
BAY 
ISU 
AUB 
ARK 
UK 
CREI 
PUR 
SJU 
TENN 
IND 
RUTG 
MSU 
UCLA 
FLA 
TEX 
MICH 
OSU Bet & Get Up To $1,000 in Bonus Bets!
Must be 21+. GAMBLING PROBLEM? Call 1-800-GAMBLER (AZ, CO, KY, MD, OH, MI, TN, VA, WV); 1-800-BETS-OFF (IA); 1-800-9-WITH-IT (IN); (800) 327-5050 or mdgamblinghelp.org (MD); 1800gambler.net (WV)
Odds to Win March Madness 2025: NCAA Men’s Tournament Futures Tracker
By Sascha Paruk
Updated:
- Track the odds to win the NCAA Tournament throughout the 2024-25 college basketball season
- Duke has opened as favorite to win the 2025 March Madness tournament
- View the odds to win 2025 March Madness for all teams on the board
The odds to win the 2025 Men’s NCAA Tournament have been released. The 2025 March Madness tournament will run from March 20th to April 7th with the Final Four taking place at the Alamodome in San Antonio. The graphs below show the opening odds to win the 2025 NCAA Men’s Basketball Tournament.
Also on this page: March Madness Betting Options / March Madness FAQs
2025 March Madness Odds
FANATICS SPORTSBOOK NCBET & GET UP TO $1,000 IN BONUS BETS!
DRAFTKINGS SPORTSBOOK NCBET $5 & GET $200 IN BONUS BETS INSTANTLY!
FANDUEL SPORTSBOOK NCBET $5 & GET $300 IF YOUR BET WINS!
BETMGM SPORTSBOOK NCGET UP TO $1,500 BACK IN BONUS BETS + 2ND CHANCE TD CASH BACK!
BET365 SPORTSBOOK NCBET $5 & GET $200 IN BONUS BETS WITH PROMO CODE SBDXLM!
ESPN BET SPORTSBOOK NCUSE CODE "DIME" & GET A $1,000 BET RESET!
CAESARS SPORTSBOOK NCGET UP TO $1,000 BACK - ON CAESARS!
Must be 21+. GAMBLING PROBLEM? Call 1-800-GAMBLER or visit morethanagame.nc.gov
2025 NCAA Tournament Favorites
NCAA Men’s National Championship odds above are updated every 15-60 minutes from top online sportsbooks.
FANATICS SPORTSBOOKLOCK IN PROMO
One (1) sign up offer per user. Must place initial wager within 5 days of account opening. Terms apply.
March Madness Odds Movement Timeline
- April 8: Duke has opened as the favorite to win the 2025 NCAA Tournament. Their odds are sure to move – either up or down – when the likes of Kyle Filipowski and Caleb Foster make their final decisions on the NBA draft. UConn, which could lose all five of its starters from last year’s title team, has opened as the sixth-favorite.
Best Sportsbooks for March Madness Betting
| Sportsbook | Promo Details | Claim |
|---|---|---|
| DraftKings Sportsbook | Bet $5, Get $150 in Bonus Bets Instantly | CLAIM PROMO |
| ESPN Bet | $1,050 registration bonus | USE CODE DIME |
| FanDuel Sportsbook | Bet $5, get $200 If Your Bet Wins | CLAIM PROMO |
| bet365 | Bet $5, Get $150 in Bonus Bets | CLAIM PROMO |
| Fanatics Sportsbook | Bet to Get Up to $1,000 in Bonus Bets | CLAIM PROMO |
| BetMGM | Bet $5, Get $150 in Bonus Bets | CLAIM PROMO |
| Caesars Sportsbook | Get Your First Bet Back Up to $1,000 | CLAIM PROMO |
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, and North Carolina sports betting apps just becoming available this month, the 2024 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:
- See where BetMGM is available
- See where Caesars Sportsbook is available
- See where DraftKings Sportsbook is available
- See where FanDuel Sportsbook is available
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, Final Four odds, as well as odds to win the whole March Madness tournament. The payout is obviously lower with Sweet 16 and Final Four futures versus correctly picking the tournament winner, but the chances of winning these wagers is of course better than picking the tournament’s champion.
However, betting on teams to reach the Sweet 16 can be quite lucrative if you have the right 12/13/14 seed who makes their improbable run through the first two rounds.
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 2024 March Madness tournament begins (on March 21), 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 17) 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 after Selection Sunday as well.
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.)
- Caesars Sportsbook promos
- BetMGM Sportsbook promos
- DraftKings Sportsbook promos
- FanDuel Sportsbook promos
March Madness FAQs
When is Selection Sunday?
Selection Sunday is March 16, 2025.
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 21 and 22, 2025.
What is the difference between March Madness point spreads and moneylines?
March Madness moneylines are the odds to win the game. March Madness spreads attempt to even the two teams by placing a handicap on one. 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 lose the game by more than a certain number of points.
What is a March Madness futures bet?
If you make a March Madness 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 March Madness 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 (6), 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?
Duke has opened as the betting favorite to win the 2025 NCAA Men's Tournament.
Archived NCAA Tournament Odds: 2023, 2022, 2021, 2020, 2019, 2018
Sascha Paruk
Managing Editor
Sascha has been working in the sports-betting industry since 2014, and quickly paired his strong writing skills with a burgeoning knowledge of probability and statistics. He holds an undergraduate degree in linguistics and a Juris Doctor from the University of British Columbia.
NFL
NBA
MLB
NHL
NCAAF
NCAAB
Politics
Tennis
MMA
Sportsbooks
Gambling
