Updated 2025 March Madness odds have been released. Chaos reigns supreme through the first few months of the men's NCAA basketball season. The UConn Huskies have lost nine games in their quest for a third-straight National Championship, dropping them to +8000 odds to repeat.

Here's a look at the full list of college basketball national championship odds, where Auburn and Duke are constantly exchanging possession at the top of the oddsboard. Now, they are co-favorites with +350 oods at Site.

2025 March Madness Championship Odds 

Odds To Win 2025 National Championship
TeamOdds
Auburn+350
Duke+350
Houston+700
Florida+700
Alabama+1100
Tennessee+1600
Texas Tech+2500
Michigan State+2500
Iowa State+2500
St. John's+3000
Arizona+4000
Kentucky+4000
Gonzaga+4000
Texas A&M+5000

Odds as of March 13 at Site

auburn Favored To Win 2025 National Championship at +350

At the end of February, Auburn climbed slightly ahead of Duke on the oddsboard. But, back-to-back losses to wrap up the regular season now forces them to share the top spot. The dagger was a 93-91 OT home loss to Alabama, a team which it proved to beat earlier in the season. KenPom suggests Auburn has been playing through the second toughest overall schedule, going 10-4 SU against ranked programs. 

KenPom lists Auburn second in his rankings, with the highest offensive rating (129.7) in the country, and a net rating of plus-35.85. Even with a couple of injuries, Johni Broome can't be kept sidelined. The senior is averaging 18.6 points and 10.6 (ranked eighth) rebounds per game. Recording a double-double in eight of 14 meetings against ranked opponents, one of the exceptions being November's matchup vs Houston where he was one rebound shy of hitting the mark, Broome saves his best for the best. Anyone would feel confident heading into the Big Dance with the best player in college basketball on wearing their jersey. 

National Championship contenders: duke, +320

If you're wondering why Auburn's odds didn't budge despite the upset in early February, it's probably because Duke was devastated the same day thanks to Clemson. The Tigers somehow held Cooper Flagg to 35.3% from the field, his worst mark since early December.

Still, Duke sits as a co-favorite oddsboard and favorite in the KenPom ratings, boasting the fourth-best defensive and second-best offensive ratings. It makes them just one of three programs to sit inside the top 10 for both areas. The Blue Devils have suffered just three losses, two which were in the opening month of the season. The two losses in November were within five-points or fewer to a talented, ranked Kentucky and Kansas program. Duke's 84-78 victory over No. 2 Auburn still it's most impressive win to date. 

The success is largely resting on Cooper Flagg's shoulders, who could be the fourth true freshman to win the Wooden Award. He is averaging 19.4 PPG this season, including a 42-point performance that broke the Duke and ACC Freshman scoring record. But, perhaps the most lethal element of the Blue Devils roster is that Kon Knueppel (13.7 PPG) and Tyrese Proctor (12 PPG) are also making their presence known on the court. Duke is looking to hoist its first national title in a decade. 

NCAAB National Champion Darkhorse: Iowa State +2500

Iowa State was just a few plays away from defeating Auburn and earning their place atop the March Madness odds earlier this season. They lost on a last second Broome tip-in. The Cyclones have four ranked wins under their belt, but also carry three ranked losses. Iowa State's biggest downfall is four unranked losses, all of which should've been wins to help boost its status as national championship contenders.

KenPom ranks the Cyclones 10th in his rankings as Iowa State nobly stands with the 11th best defensive showcase. When combined with their notoriously stingy defense, allowing 67.2 PPG, the Cyclones new found offensive chops, averaging 80 PPG has shown a glimmer of promise.

Last 10 College Basketball National Champions

YearTeamPreseason Odds
2024UConn+2000 (3)
2023UConn+8000 (28)
2022Kansas+1400 (7)
2021Baylor+800 (1)
2019Virginia+1350 (6)
2018Villanova+2700 (7)
2017North Carolina+1900 (8)
2016Villanova+2500 (10)
2015Duke+900 (4)
2014UConn+6500 (14)

With their 2024 March Madness win, UConn is the only three-time champion in the last ten years. Coincidentally, the Huskies have the longest odds to win a championship on this list. In 2014, they had the 14th-longest odds at +6500 and in 2023 they had the 28th-longest odds at +8000. As you know, they won both times, so disrespect UConn at your peril.

NCAA Basketball Teams with the Most Titles

School# Championships WonYears
UCLA111964, 1965, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1975, 1995
Kentucky81948, 1949, 1951, 1958, 1978, 1996, 1998, 2012
UConn61999, 2004, 2011, 2014, 2023, 2024
North Carolina61957, 1982, 1993, 2005, 2009, 2017
Duke51991, 1992, 2001, 2010, 2015
Indiana51940, 1953, 1976, 1981, 1987
Kansas41952, 1988, 2008, 2022
Villanova31985, 2016, 2018

Holding the league record for March Madness titles and longest win streak (seven years), the UCLA Bruins are the clearcut college ball champion. I mean, the John R. Wooden Award for Player of the Year is named after their head coach during that insane streak – what more of a legacy could you ask for?

Trailing UCLA are the Kentucky Wildcats and UNC’s Tar Heels with an impressive eight and six titles respectively – this year, UCLA is further down the odds list than either of these teams. It’ll be a few years before they can be dethroned, but there are undoubtedly expectations for UCLA to keep producing and earn their first title since 1995.

March Madness Betting Trends

Finding trends and patterns in bets is our specialty -- if you want to be a great handicapper, it should be yours too! We've come to know the NCAA's National Championship as a chaotic and exciting event where anyone can walk away with a title, but that doesn't mean there aren't a few trends to keep your eye on. Before placing a March Madness futures wager, check out these betting trends:

  • Conference-wise, the Big East has been on a bit of a tear, claiming 4/10 of the last NCAA titles -- the ACC isn't far behind at three in the last ten, and a Big 12 team has won in the previous two-straight years.
  • In the last three years, 12th seeds have had the 5th seeds' number in the first round -- they're 6-6 on the moneyline and 8-4 against the spread.
  • Underdogs perform well in the first round, plain and simple. They're 122-97-2 ATS since 2015, and almost half of those teams finished those games with a straight-up win.
  • Fading the public holds true in March Madness -- since 2016, teams that held 60% of spread bets have ended up going a cumulative 56-80-5 ATS.

How to Bet on March Madness

Betting on March Madness has become increasingly popular for even the most casual of college ball fans. The most common option for the tournament is selecting the overall winner by making a March Madness futures bet – nice and simple, all you have to do is pick the correct 1/68. Easy, right? There are other options for futures too, like selecting the Final Four or individual conference winners.

Of course, when the actual tournament is going on, it’ll be a free-for-all just like the regular season. Each game will have its moneylines, spreads, totals and props – if you need a refresher on how to bet on college basketball, take a look at our guide and review a few key handicapping tools like NCAAB computer picks and public consensus data.

Where to bet on the March Madness

March Madness and betting are synonymous with each other – even your coworkers and elderly neighbors have some sort of pool going to predict the winner. Because of that popularity, you’ll find March Madness odds and matchups available at any major sportsbook under the NCAAB section.

If you need any advice on what to look for in a college basketball betting site, check out our sportsbook reviews for sites that offer NCAAB action!

Understanding The Odds To Win The NCAA Championship

If you’re interested in March Madness futures, you’re likely looking to bet on the outright winner of the tournament. Like the odds table at the top of the page, odds will usually look like this:

  • Gonzaga +200
  • Baylor +750
  • Kansas +1000
  • UCLA +2500

These odds tell you the likelihood and corresponding payout of one of these teams winning a national championship. Unlike a moneyline bet, where there is a clear favorite represented by a minus sign (-), the team with the lowest odds would be the favorite. In our example, it’s Gonzaga, and the rest are underdogs even though each team has a plus sign (+) prefacing its odds.

If you were to bet $100 on the Gonzaga Bulldogs and they won, your sportsbook would reward you with $200 in profit for a $300 total win. Betting on a long-shot winner like UCLA at +2500 would earn you $2500 on that same bet – the profits are much higher the further you go down the table, but so is the risk.

To see how much you’d win on the futures odds, check out our Odds Calculator. It’ll show you what your payout would be based on the odds and amount wagered. Don’t forget you can also make selections on which teams will make the Final Four, who will win each conference, and which player will take home the John R. Wooden Award for Player of the Year in the regular season.

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