March Madness odds 2023: Updated betting odds for every team to win the NCAA Tournament

Now that the field of this year’s NCAA tournament is officially set, chances are that all 68 teams will have a chance to be the only school lucky enough to drop the nets in Houston on April 3rd. While the field will soon be reduced to 64 teams after completing the First Four matchups on Tuesday and Wednesday nights, it’s still cool to see schools like this Southeastern state of Missouri (+100000) And Howard (+100000) grouped with blue flowers like Kansas (+800) And UCLA (+1200).

In a single-game elimination tournament, surprises are inevitable, giving ambitious bettors a chance to cash in on some juicy underdog sleepers as long as they are able to uncover those capable of killing the giant.

It may be wise to look at the current form for schools in relation to their sowing. A team entering the tournament red hot and perhaps not one of the top seeds could continue their hot streak in March Madness.

TSN’s MARCH MADNESS headquarters
Live NCAA Bracket | TV Schedule | prediction tool

Despite finishing at No. 1 last year, eventual national champions Kansas Jayhawks have been among tournament winners in their last five games and 11 of their last 14. Then there’s last season’s runner-up, North Carolina. The Tar Heels won 12 of their last 15 regular season games and followed that up with five tournament wins to reach the National Championship. This is by no means a foolproof strategy, but it could help you win a few extra bucks.

Sure, it would be nice to cash in a +100,000 future bet on Farleigh Dickinson to win the National Championship, but as the odds imply, you’re more likely to rip that ticket than head out to the betting counter to claim your winnings to collect You’re probably better off taking this team against the spread in the first round than betting them to win the whole thing. The payout won’t be nearly as big, but your chances of winning some money are exponentially better.

Read  Telsey Advisory Group Reiterates "Outperform" Rating for DICK'S Sporting Goods (NYSE:DKS)

Favorites & Sleepers | props | Round 1 Best Bets

When it comes to extracting “value”, meaning finding a team whose odds don’t necessarily reflect their abilities, you can still make a valuable bet on a team with lower odds. State of San Diego (+8000) actually enters the tournament field underrated despite being seeded as a fiver. We’ll see if the Aztecs make a run, but their 80-1 odds are tempting.

What are the odds for the 2023 NCAA tournament? Here’s a look at the opening board with each school’s odds of winning it all.

MORE: Print your 2023 March Madness bracket here

Table of Contents

Updated March Madness Odds 2023

All four No. 1 seeded teams enter March Madness as the teams to beat, with second seeded overall, Houston (+550), enter the tournament with the best odds to fell the nets. After the cougars Kansas (+800), Alabama (+800)And Purdue (+1100) are three of the schools with the best odds.

Houston was just one win away from reaching their second straight Final Four last season and having progressed through the American Conference, Kelvin Sampson’s group is firmly established as the team to be seeded via BetMGM.

Kansas appears to be the first repeat national champion since the Florida Gators made it in the late 2000s as Bill Self’s group is able to pull off another deep tournament run.

Alabama argues price-wise is the team to beat and is slightly underpriced at +800. Alabama knocked Houston out on the street in early December and may have the highest ceiling of any school.

Read  The confusing world of sporting myths

EXPERT PACKAGES: DeCourcy (Alabama) | Bender (Kansas) | Fagan (Marquette) | Pohnl (Kansas)

Purdue enters the tournament as No. 1 for the first time since 1996. The Boilermakers have combined their Big Ten regular-season title with a Big Ten tournament championship and are looking to return to the Final Four for the first time since 1980.

While these four schools are favorites, many intriguing sleepers are capable of defeating the top seedlings en route to a deep tournament run. Arkansas (+5000) And Texas A&M (+5000) carry a price of 50-1 and can compete with any team on a neutral spot. For those looking for some long shots, it wouldn’t be surprising to see this Furmann (+50000) And UC Santa Barbara (+100000) Knock out your opponents from the first round and give them a chance to see their odds drop as the tournament progresses.

Below are the starting odds for each team to win the NCAA tournament, per BetMGM. These odds change prior to the First Four and Round 1 of the tournament.

School opportunities
Houston +550
Kansas +800
Alabama +800
Purdue +1100
UCLA +1200
Arizona +1200
Texas +1600
Connecticut +1600
gonzaga +1600
Marquette +1700
Baylor +1800
duke +3000
Tennessee +3000
Indiana +3500
TCU +3500
Kentucky +4000
Virginia +4000
Creighton +4000
Saint Mary’s (California) +4000
Arkansas +5000
Miami, FL) +5000
Texas A&M +5000
xavier +5000
State of Kansas +5000
State of Iowa +6600
Illinois +8000
memphis +8000
State of San Diego +8000
Maryland +8000
Maroon +10000
State of Michigan +10000
Iowa +10000
West Virginia +12500
providence +12500
Pennsylvania +15000
NC state +15000
northwest +15000
U.S.C +20000
State of Arizona +20000
State of Utah +20000
State of Boise +20000
Missouri +20000
Pittsburgh +20000
Florida Atlantic +20000
VCU +25000
Oral Roberts +25000
College of Charleston +25000
State of Mississippi +25000
Iona +50000
drake +50000
Nevada +50000
Kent State +50000
Furman +50000
Louisiana +50000
UC Santa Barbara +100000
Vermont +100000
Colgate +100000
Howard +100000
State of Montana +100000
Kennesaw State +100000
UNC Ashville +100000
Northern Kentucky +100000
State of Southeast Missouri +100000
Farleigh Dickinson +100000
Texas A&M Corpus Christi +100000
Princeton +100000
Grand Canyon +100000
Read  Transfer Talk: Cristiano Ronaldo open to Sporting CP return after Real Madrid rejection - Ghana Latest Football News, Live Scores, Results

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button