After starting at No. 7 in the preseason AP Top 25, Michigan jumped out to a 16-1 start, becoming a late-night favorite March madness And college basketball odds.
As the regular season heats up in January, here’s an updated look at National Championship Odds.
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March Madness Odds
|
Team |
|
|---|---|
|
Michigan Wolverines |
|
|
Arizona Wildcats |
|
|
UConn Huskies |
|
|
Duke Blue Devils |
|
|
Houston Cougars |
|
|
Purdue Boilermakers |
|
|
Florida Alligators |
|
|
Cyclones in the State of Iowa |
|
|
Illinois battles the Illini |
|
|
Gonzaga Bulldogs |
Ratings as of 01/18/2026.
March Madness Bets Split
Highest percentage of tickets:
•Michigan 12.0%
• Duke 9.2%
• Purdue 8.4%
Highest manipulation percentage:
•Michigan 15.0%
• Purdue 10.7%
• UConn 8.9%
All data courtesy of PariMGM.
March Madness Calendar 2026
|
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
The latest March Madness winners
|
Year |
Champion |
Opening odds |
Finalist |
|---|---|---|---|
|
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 Technology |
|
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 entered the tournament with an unbeaten record, only seven won the national championship.
• Only 13 teams successfully defended their national championship the following season.
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• UCLA has the most NCAA titles ever (11), although the Bruins haven’t won the tournament since 1995.
• A first-place team has won the national championship 59.6% of the time since regional rankings were introduced in 1979.
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