After opening at No. 7 in the preseason AP Top 25, Michigan has surged to a 10–0 start, winning seven straight games by double digits and emerging as the favorite in the latest March Madness and college basketball odds.
Here’s a look at the latest National Championship odds, as a new college basketball season tipped off last month.
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March Madness odds
Team
Michigan Wolverines
<<+450>>
UConn Huskies
<<+1000>>
Duke Blue Devils
<<+1000>>
Arizona Wildcats
<<+1100>>
Gonzaga Bulldogs
<<+1200>>
Iowa State Cyclones
<<+1200>>
Purdue Boilermakers
<<+1200>>
Houston Cougars
<<+1400>>
Louisville Cardinals
<<+1800>>
Illinois Fighting Illini
<<+2200>>
Odds as of 12-14-2025.
March Madness betting splits
Highest ticket percentage:
• Purdue 11.1%
• Houston 8.8%
• Duke 8.4%
Highest handle percentage:
• Purdue 13.8%
• Houston 8.9%
• Kentucky 8.5%
All data courtesy of BetMGM.
March Madness 2026 schedule
Event
Date
Selection Sunday
March 15
First Four
March 17-18
First Round
March 19-20
Second Round
March 21-22
Sweet 16
March 26-27
Elite Eight
March 28-29
Final Four
April 4
National Championship Game
April 6
Popular March Madness markets
Past March Madness winners
Year
Champion
Opening odds
Runner-Up
2025
Florida
+8000
Houston
2024
Connecticut
+1100
Purdue
2023
Connecticut
+1600
San Diego State
2022
Kansas
+2000
North Carolina
2021
Baylor
+800
Gonzaga
2020
No tournament (COVID-19)
N/A
N/A
2019
Virginia
+1800
Texas Tech
2018
Villanova
+1200
Michigan
2017
North Carolina
+2400
Gonzaga
2016
Villanova
+2000
North Carolina
2015
Duke
+1000
Wisconsin
March Madness trends
• Of the 20 teams that have entered the tournament with undefeated records, only seven have gone on to win the national championship.
• Only 13 teams successfully defended their national championship the following season.
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• UCLA has the most NCAA titles of all time (11), although the Bruins have not won the tournament since 1995.
• A No. 1-seeded team has won the national championship 59.6% of the time since regional seeding was introduced in 1979.
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Publish date : 2025-12-14 23:10:00
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