Odds on the NCAA Basketball tournament

Below are the most recent odds to win the 2021 NCAA Tournament. The most recent numbers will be under the “Now” column. Teams will be ordered based on who has the best chance of cutting down the nets.

We will be back to look at the odds at several points throughout the season, so be sure to check back often.  Our college basketball lines pages let’s you compare the live numbers from several top books.

Betting Odds & Favorites to Win the 2021 NCAA Basketball Tournament

TeamCurrent OddsImplied Probability
Iowa+80011.11%
Villanova+80011.11%
Illinois+10009.09%
Gonzaga+11008.33%
Kentucky+11008.33%
Baylor+12007.69%
Virginia+12007.69%
Michigan+14006.67%
Duke+16005.88%
Michigan St.+18005.26%
Texas Tech+18005.26%
Kansas+20004.76%
Wisconsin+20004.76%
West Virginia+22004.35%
Florida St.+22004.35%
Creighton+25003.85%
North Carolina+25003.85%
Connecticut+28003.45%
Indiana+30003.23%
Oregon+30003.23%
San Diego State.+30003.23%
Ohio St.+35002.78%
Tennessee+35002.78%
Florida+40002.44%
Houston+40002.44%
Louisville+40002.44%
Purdue+80001.23%
Texas+80001.23%
Miami FL+100000.99%
Penn St.+100000.99%
Team26-Jun
Villanova+900
Iowa+1000
Kentucky+1000
Gonzaga+1100
Virginia+1100
Baylor+1400
Kansas+1400
Michigan+1400
Creighton+1600
Duke+1800
North Carolina+1800
Texas Tech+1800
West Virginia+1800
Michigan St.+2000
Florida St.+2200
Tennessee+2500
Connecticut+2800
Houston+2800
San Diego State.+2800
Wisconsin+2800
Oregon+3000
Florida+3500
Ohio St.+3500
Louisville+3800
Illinois+4500
Texas+4500
Indiana+6000
Purdue+7000
Miami FL+7500
Penn St.+7500

As we approach the end of June, it’s time to take a look at the updated odds to win the 2021 NCAAB National Championship.

Past Champions & Their Chances of Winning the Final Four

The table below lists the championship team for each season. The preseason column shows each team’s preseason chances to win the tournament.

Since the 2007 tournament, the Connecticut Huskies have the two biggest upsets in terms of overcoming their preseason odds. Both of those title games were interesting because of the seeds.

At 70 to 1 prior to the 2013-2014 season, UConn pulled off one of the most unlikely championships at any level. They entered the tournament as a 7 seed and went on to win as the second-lowest winning seed in NCAA history (#8 Villanova – 1985). It was the highest total seeds to make the championship game when the Huskies as a 7 seed took down the 8 seed Kentucky.

2011 was also interesting because they beat another 8-seed. This time it was the Butler Bulldogs. So, two massive upsets for UConn, but then again they had the easiest title games in recent memory too. If you think you can pick a massive underdog like this, just remember to look at our tournament winners by seed. You’ll see the probability of a team worse than 3-see of winning it all is very low.

SeasonTeamPreseason
2019-2020Tournament CancelledCovid-19
2018-2019Virginia+1800
2017-2018Villanova+1200
2016-2017North Carolina+1200
2015-2016Villanova+2000
2014-2015Duke+1000
2013-2014Connecticut+7000
2012-2013Louisville+800
2011-2012Kentucky+550
2010-2011Connecticut+4000
2009-2010Duke+1200
2008-2009North Carolina+450
2007-2008Kansas+1000
2006-2007Florida+530

Handicapping Who Has the Best Chance to Win

So how do you go about picking which team will conquer March Madness and cut down the nets? There is a lot that goes into handicapping postseason games. Throw motivation out the window. Nobody is taking these games lightly.

Does a team get to place close to home? They are worth a look. Is there a team that is over-rated? That’s not saying they can’t win it all, but it will typically drive all value out of their line. Kentucky is 2015 was a good example. They came into the tournament undefeated and everyone expected them to run the table. The number got down to less than even money and of course, they were beat.

Instead, look at a few sleepers that have a chance. Don’t ignore how each seed has performed. Trust coaches with a history of success over unknowns. Lastly, remember that no team seeded worse than 8th has made the championship game.

Don’t want such a long shot but really like a team? Check out their odds to win their conference tournament. Not nearly as much competition or level of difficulty required.