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March Madness Betting Odds

Mar 06, 2024 EST

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March Madness lived up to its billing last season, with a No. 16 seed winning, Ivy League representative Princeton making it to the Sweet 16 as a No. 15 seed, and not a single No. 1 seed reaching the Elite Eight for the first time ever.

However, when the dust settled, it was the UConn Huskies — the early season March Madness odds favorite to win that fell apart midseason and then pulled it together when it mattered most — who completed their journey to win their fifth National Championship in school history.

It wasn’t the final we were expecting, with the No. 4 Huskies toppling fifth-seeded San Diego State, but our path to the title game still delivered plenty to talk about throughout March and April.

With Selection Sunday taking place in 11 days, March Madness futures and college basketball odds currently have the Huskies favored to repeat in the upcoming NCAA Tournament.

Check out their odds — plus who some of the other favorites are — with a look at 2024 March Madness odds below.

March Madness odds

UConn Connecticut Huskies +500
 Houston Cougars +700
Purdue Purdue Boilermakers +700
Arizona Arizona Wildcats +1,200
Tennessee Tennessee Volunteers +1,200
Duke Duke Blue Devils +2,300
North Carolina North Carolina Tar Heels +2,300
Auburn Auburn Tigers +2,500
Creighton Creighton Bluejays +2,500
Iowa State Marquette Golden Eagles +2,500
Illinois Illinois Fighting Illini +3,000
Alabama Alabama Crimson Tide +3,000
Iowa State Iowa State Cyclones +3,000
Baylor Baylor Bears +3,000
Kansas Kansas Jayhawks +3,000

Odds as of March 6, 2024.

The Connecticut Huskies have the shortest odds to win the 2024 NCAA Tournament at +500, followed by the Houston Cougars and Purdue Boilermakers at +700.

March Madness favorites

UConn (+500)

After coasting to a comfortable 76-59 victory in the National Championship against San Diego State, the UConn Huskies are tied atop the board in the latest March Madness odds.

UConn saw both Adama Sanogo and Jordan Hawkins depart for the NBA during the offseason, but Dan Hurley has freshmen Donovan Clingan and Alex Karaban back, while Andre Jackson Jr. returns as a senior.

The No. 2 Huskies are currently 26-3 and only two teams have managed to eclipse 80+ points against the Big East juggernauts.

Houston (+700)

Under head coach Kelvin Sampson, the No. 1 Houston Cougars are looking to avenge last year’s premature elimination in the Sweet Sixteen.

Despite consecutive losses to Iowa State and TCU in January, the 26-3 Cougars are buoyed offensively by point guard L.J. Cryer (15.5 ppg) and boast the best defensive rating in the nation (90.3).

Purdue (+700)

Last season, the Purdue Boilermakers went 29-6 (15-5) and captured the Big Ten Conference Tournament title. However, the No. 2 Boilermakers were on the wrong side of history come March when they were upset by Farleigh Dickinson in the first round of the tournament.

Led by 7-foot-4 senior Zach Edey (24.1 points per game, 11.7 rebounds per game), the Boilermakers (27-3) have been extremely battle-tested, having defeated seven Top 25 programs.

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