March Madness Odds: Zags Favored, Duke Takes Over Second

Gonzaga remains on top of the March Madness odds to win the NCAA Tournament, but Duke jumps into second place after handing the Zags their first loss. Check out the complete odds to win March Madness.

Last Updated: Nov 29, 2021 5:06 PM ET Read Time: 3 min
Wendell Moore Duke Blue Devils college basketball
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March Madness odds are heating up with the college basketball season finally underway.

With last season's stars moving on to the professional ranks, many schools are figuring out their new look as they push for an NCAA Tournament bid — that includes the Gonzaga Bulldogs.

Gonzaga will be without a number of its biggest stars from last season's strong run, but how will that impact its college basketball odds a year after losing in the title game?

Let's find out with a look at the 2022 odds to win March Madness as of November 29.

2022 March Madness odds

Live odds below via the Covers Line, an average comprised of odds from multiple sportsbooks and live within a five-minute delay. Compare college basketball futures before betting to ensure you get the best number.

March Madness favorites

Gonzaga may be without Jalen Suggs, Corey Kispert, and Joel Ayayi this year, but they are still a +450 favorite to win March Madness a year after a surprise loss in the title game to Baylor.

Their highly-touted freshman Chet Holmgren - one of the leaders to be the first overall pick in the 2022 NBA Draft - has been the center of attention and hasn't disappointed thus far. He's averaging 14/7/3 on 69 percent shooting as well as 3.4 blocks per game, not to mention a handful of highlight dunks. Otherwise, familiar face Drew Timme has averaged almost 19 points per game and has led the Zags to a 5-1 start, with their first loss coming to Duke on Friday night. 

After the big win, Duke moves up into the No. 2 spot at +800. They took down the Zags 84-81 behind a couple of 20-point performances from Wendell Moore and Paolo Banchero. They move to 7-0 on the season and are now ranked No. 1 on the AP Top 25 board.

In third are the Purdue Boilermakers, up to +1,000 from their +4,000 opening odds. Purdue has had a world-beating offense thus far and is 6-0 after ranked wins against North Carolina (No. 18) and Villanova (No. 5) in the Hall of Fame Tip-Off Tournament.

Their leading scorer is 7-foot-4 sophomore Zach Edey, who's averaging 18 points and 8 rebounds in just 19 minutes of action. They've got three others averaging double digits, including sharpshooter Sasha Stefanovic who is a red hot 19-40 from beyond the arc this season. 

Available at +1,200 are two teams who have already gone head-to-head: UCLA and Villanova. UCLA won the battle in 86-77 overtime fashion and is now 6-1 on the season. They're led by NCAA Tournament breakout start Johnny Juzang, who's averaging 17.4 points per game this season. 

Villanova might only be 4-2 to start the year, but their two losses have come to UCLA and Purdue, teams hovering at the top of this board. They handled No. 17 ranked Tennessee 71-53, and are settling into the season with Collin Gillespie returning from his injury last year. Expect this team to go deep in the NCAA Tournament. 

Bunched up below the top dogs are Texas (+1,400), Kentucky (+1,500), Kansas (+1,500), and Michigan (+1,600), which has already seen its odds drop from +900 two weeks ago after suffering losses to Seton Hall and Arizona.

Where can I bet on March Madness?

March Madness is one of the busiest times of the year for online sportsbooks and is very popular with bettors. Every betting site will offer March Madness odds, but the best sites are safe and secure, offer a wide range of banking options, and give you a ton of markets for each game. Check out the best March Madness betting sites in your region.

Past March Madness winners

Season National Champion Odds Prior to Round 1 of March Madness
2020-21 Baylor Bears +500
2019-20 Tournament cancelled N/A
2018-19 Virginia Cavaliers +675
2017-18 Villanova Wildcats +570
2016-17 North Carolina Tar Heels +535
2015-16 Villanova Wildcats +1,500
2014-15 Duke Blue Devils +1,000
2013-14 Connecticut Huskies +9,500
2012-13 Louisville Cardinals +450
2011-12 Kentucky Wildcats +185
2010-11 Connecticut Huskies +2,500
2009-10 Duke Blue Devils +650
2008-09 North Carolina Tar Heels +400
2007-08 Kansas Jayhawks +700
2006-07 Florida Gators +400
2005-06 Florida Gators +2,000
2004-05 North Carolina Tar Heels +350
2003-04 Connecticut Huskies +450
2002-03 Syracuse Orange +1,800
2001-02 Maryland Terrapins +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 $1,000 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. 

Instant replay: March Madness odds

Key point for March Madness odds:

• Sportsbooks have already released odds for 20222 March Madness, with Gonzaga (+700) again favored to take the title.

March Madness odds FAQs

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