After 2020 March Madness' unfortunate cancellation, we turn our attention to the 2021 NCAA basketball futures, and give you a rundown of the March Madness title odds.
There are some familiar programs among the NCAA March Madness favorites, with the Gonzaga Bulldogs and Baylor Bears current co-favorites at +800. The Zags and Bears are trailed closely by the 2016 and 2018 national champs, the Villanova Wildcats, and also the Virginia Cavaliers at +900. The Iowa Hawkeyes (+1,000) round out the early Top Five for 2021 March Madness odds.
Odds to win 2021 March Madness
|Team||Odds to win March Madness 2021|
|Creighton Blue Jays||+1,100|
|Duke Blue Devils||+1,400|
|Florida State Seminoles||+1,500|
|San Diego State Aztecs||+1,600|
|West Virginia Mountaineers||+1,900|
|Ohio State Buckeyes||+2,300|
|Michigan State Spartans||+2,500|
|North Carolina Tar Heels||+2,500|
|Texas Tech Red Raiders||+3,000|
|Arizona State Sun Devils||+3,500|
|Saint Louis Billikens||+3,500|
|Miami (FL) Hurricanes||+3,500|
|Northern Iowa Panthers||+4,000|
|South Carolina Gamecocks||+4,000|
Odds courtesy of DraftKings
Past March Madness winners
|Season||National Champion||Odds Prior to Round 1 of March Madness|
|2016-17||North Carolina Tar Heels||+535|
|2014-15||Duke Blue Devils||+1,000|
|2009-10||Duke Blue Devils||+650|
|2008-09||North Carolina Tar Heels||+400|
|2004-05||North Carolina Tar Heels||+350|
|2000-01||Duke Blue Devils||+250|
Understanding March Madness futures odds
Sportsbooks will post odds for the NCAA men's basketball championship as early as the summer before the season starts. These odds are constantly adjusted throughout the offseason as players get hurt, suspended or are traded. Once the season begins in November, title odds will change as often as daily as teams win and lose games and as players get hurt or suspended. Sportsbooks will also adjust the March Madness futures odds based on handle and liability to certain teams.
March Madness futures odds will usually look like this:
- Kansas Jayhawks +1,000
This means that on a $100 bet, you'll stand to win $1,100 if the Jayhawks win the NCAA men's basketball title. If it's close to the end of the regular season or even during the tournament and college basketball has a very dominant team, you might see that a team is has a minus sign (-) ahead of its odds.
- Duke Blue Devils -120
This means that you would need to bet $120 to win $100 on a Duke championship.
Above we have posted the American odds for March Madness futures. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.
How to bet college basketball futures
Predicting the winner of the NCAA men's college basketball tournament is one of the hardest things to do in sports betting. The lose-and-go-home format and the fact that a school needs to win six straight games against quality opponents means that the favorites don't always take home the title.
Another factor that comes into play is that the tournament bracket isn't set until Selection Sunday. As the college basketball season winds down, you can be pretty sure that the big favorites will slide into the bracket as top seeds. But for teams in the middle of the pack, nothing is certain.
As always when betting futures odds, be sure to look into injuries and suspensions. You might find some current value in a team that is expecting to get a key player back before March Madness begins.
Where can I bet on March Madness 2021 odds?
Most online books and casinos offer betting on NCAA March Madness futures odds, but there can be a wide difference in the props offered and odds given. Check out what prop odds are offered with the best sportsbooks available where you live.