March Madness is reaching a fever pitch as the Women's NCAA Tournament gears up for the Final Four on Friday.
Simply put, this is South Carolina's championship to lose, as the No. 1 team in the nation (and defending champion) is the odds-on favorite, and some more upsets have slimmed the odds of any team upsetting the Gamecocks, with LSU now the second choice after UConn's dismissal.
See who else has a shot in our latest college basketball odds to win the 2023 Women's NCAA Tournament.
Odds to win Women's March Madness
| Team |  |
 |
 |
|---|---|---|---|
 South Carolina |
-330 | -310 | -340 |
 LSU |
+700 | +700 | +600 |
 Iowa |
+950 | +900 | +800 |
 Virginia Tech |
+1,100 | +800 | +1,400 |
Odds as of March 26, 2023.
Favorite to win March Madness
South Carolina (-330)
The South Carolina Gamecocks are the odds-on favorites to repeat after becoming NCAA champions for the second time under head coach Dawn Staley last year.
The No. 1 Gamecocks finished a perfect 32-0 in the regular season and kicked off the title defense with two 30-point wins and a 59-43 victory over No. 4 UCLA.
Power forward Aliyah Boston leads the way for South Carolina, sitting second on the team with 12.9 points and leading them with 9.8 rebounds and two blocks per game.
South Carolina handled 2-seed Maryland 86-75 in the Elite Eight, and now faces electric Caitlin Clark and Iowa in the Final Four.
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Women's March Madness Key Dates
| Event | Date |
|---|---|
| Selection Sunday | March 12 |
| First Four | March 15-16 |
| First Round | March 17-18 |
| Second Round | March 19-20 |
| Sweet 16 | March 24-25 |
| Elite 8 | March 26-27 |
| Final Four | March 31 |
| National Championship Game | April 2 |
Understanding March Madness futures odds
Sportsbooks will post odds for the NCAA women'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:
- Indiana Hoosiers +800
This means that on a $100 bet, you'll stand to win $800 if the Hoosiers win the NCAA women'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.
- South Carolina Gamecocks -165
This means that you would need to bet $165 to win $100 on a South Carolina 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
Learning how to successfully bet on March Madness 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 to bet on Women's March Madness
If you're in a state that allows mobile, or online betting, make sure you know which sites are the best March Madness betting sites. Great betting sites offer sharp odds, quick payouts and are safe and secure when it comes to depositing and withdrawing your money.
Past Women's March Madness champions
| Year | Champion | Runner-Up |
|---|---|---|
| 2022 | South Carolina | UConn |
| 2021 | Stanford | Arizona |
| 2020 | COVID-19 | COVID-19 |
| 2019 | Baylor | Duke |
| 2018 | Notre Dame | Mississippi State |
| 2017 | South Carolina | Mississippi State |
| 2016 | UConn | Syracuse |
| 2015 | UConn | Notre Dame |
| 2014 | UConn | Notre Dame |
| 2013 | UConn | Lousiville |
| 2012 | Baylor | Notre Dame |
Women's March Madness trends
• The last three winners of the tournament all entered the season as the No. 1 seed.
• Since 1982, a No. 1 seed has made the Final Four every year.
• UConn has the most women's NCAA titles of all-time (11), including four straight years of successfully defending the championship from 2013-2016.
Women's NCAAB
The defending champion South Carolina Gamecocks are the current favorites to win March Madness in 2023, as short as -300.
South Carolina opened the season as +250 favorites, followed by Stanford (+400) and UConn (+600).
The Women's March Madness title game is Sunday, April 2 at the American Airlines Center in Dallas, Texas.
