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|
|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 $1,000 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
When are odds for March Madness released?
Odds to win March Madness are released during the offseason and are constantly updated through the year leading up to the tournament. Odds for individual games will be released once the field is set.
What are the odds of winning March Madness?
As of April 6, 2021, Gonzaga had the best odds of winning March Madness in 2022 at +700. Baylor followed close behind at +850.
Which team had the longest odds to win March Madness?
Dating back to 2000, the biggest underdog to win March Madness was Connecticut in 2013-14. The Huskies entered the NCAA Tournament with +9,500 odds to win it all.
How do March Madness odds work?
Odds are set on every team in the country to win March Madness as college basketball's national champion. Those odds change throughout the season and as teams are eliminated from play.