For the first time since 2008, all No. 1 seeds made it to the closing weekend. But the Duke Blue Devils, who were atop the college basketball odds, were knocked off their perch by the Houston Cougars.
Meanwhile, the Florida Gators eliminated the Auburn Tigers in an instant classic.
Here's a look at the National Championship odds as we get ready to wrap up the March Madness bracket on Monday, April 7.
March Madness odds
Below is a look at the latest March Madness odds.
March Madness favorites
Check out our list of the best March Madness betting sites when you're ready to make your wager.
Florida Gators
The Florida Gators probably had one scare too many on their path to the Final Four, but they're still standing... yeah yeah yeah...
Walter Clayton has been the star for Florida, helping his team when it needed him most in comeback wins over UConn and Texas Tech. Can he have another magical moment vs. Houston?
Houston Cougars
Houston has been a staple of the Big Dance for the past decade, and the Cougars are once again on a deep run thanks to the top defense in the nation. If you have any doubts about their D, just look at Tennessee's first-half box score.
Houston conquered the nation's most dangerous offense in Duke, and they'll look to handle business again on Monday.
Check out my Florida vs. Houston prediction ahead of tip-off for more in-depth analysis.
March Madness odds over time
March Madness opening odds
- Duke: +1100
- Kansas: +1100
- UConn: +1200
- Houston: +1400
- North Carolina: +1600
- Kentucky: +1800
- Alabama: +2000
- Gonzaga: +2000
- Arizona: +2000
- Baylor: +2000
- Tennessee: +2500
- Michigan State: +2500
- Iowa State: +3000
- Auburn: +3000
- Texas: +3000
- Marquette: +3500
- Creighton: +3500
- Florida: +4000
- Illinois: +4000
- Arkansas: +4000
- Villanova: +4000
To be honest, the opening March Madness odds look pretty much the same year in and year out. Sportsbooks take blind action on the bluebloods of college hoops, so you’ll always find Duke, North Carolina, Kentucky, Kansas, and a few perennial powerhouse programs at the top of the board.
The Auburn Tigers will likely make anyone holding a NCAA title ticket at +3000 very happy come April 7. The Tigers’ dominance sees the most significant movement from the opening price, currently sitting as near co-favorites with Duke.
Auburn’s SEC rivals, the Alabama Crimson Tide and Florida Gators, saw significant adjustments from their opening odds to win March Madness as well. Even with the Tide’s recent tumble, Alabama went from +2000 to +1200, and the Gators chomped their way from +4000 to +700.
March Madness betting splits
Highest ticket percentage:
• Duke 14.1%
• Florida 9.1%
• Michigan State 8.7%
Highest handle percentage:
• Duke 40.5%
• Florida 11.7%
• Houston 8.9%
Biggest liabilities:
• Duke
• Michigan State
• St. John's
All data courtesy of BetMGM.
"Duke losing in the Final Four was a great result for BetMGM," said Seamus Magee, Trading Manager, BetMGM. "The sportsbook is cheering for Houston to upset Florida in the championship game."
March Madness 2025 schedule
Event | Date |
---|---|
National Championship Game | April 7 |
Popular March Madness markets
- Women's March Madness odds
- March Madness Final Four odds
- March Madness MVP odds
- March Madness betting sites
Past March Madness winners
Year | Champion | Opening odds | Runner-Up |
---|---|---|---|
2012 | Kentucky | +550 | Kansas |
2013 | Louisville* | +800 | Michigan |
2014 | Connecticut | +7000 | Kentucky |
2015 | Duke | +1000 | Wisconsin |
2016 | Villanova | +2000 | North Carolina |
2017 | North Carolina | +2400 | Gonzaga |
2018 | Villanova | +1200 | Michigan |
2019 | Virginia | +1800 | Texas Tech |
2020 | No tournament (COVID-19) | NA | NA |
2021 | Baylor | +800 | Gonzaga |
2022 | Kansas | +2000 | North Carolina |
2023 | Connecticut | +1600 | San Diego State |
2024 | Connecticut | +1100 | Purdue |
March Madness trends
• Of the 20 teams that have entered the tournament with undefeated records, only seven have gone on to win the national championship.
• Only 13 teams successfully defended their national championship the following season.
• UCLA has the most NCAA titles of all time (11), although the Bruins have not won the tournament since 1995.
• A No. 1 seeded team has won the national championship 59.1% of the time since regional seeding was introduced in 1979.
March Madness Title Odds FAQs
The Florida Gators are the current favorites to win March Madness.
The UConn Huskies won March Madness in 2024, defeating Purdue 75-60 in the National Championship.
The Duke Blue Devils are off the board after losing in the Final Four.
Calculating March Madness odds involves assessing the probability of different outcomes in the tournament. Oddsmakers use various factors including team performance, player health, head-to-head matchups, tournament experience, coaching, venue, and advanced statistics. Bookmakers use these factors to set initial odds, and as bets are placed, odds may shift based on the money wagered on each side.
The only other school to win three-straight national championships is UCLA, who actually won seven straight titles from 1967-1973.