The national championship for men’s college basketball is decided every year by a single-elimination tournament featuring the 68 best teams in the country during the regular season. On this page, we’ll keep you up to date with the odds for the top contenders, the best sportsbooks for betting on them, how to read those odds, and so much more.
For starters, let's check the top candidates and their odds below.
Odds courtesy of FanDuel Sportsbook. Sign up for a FanDuel account today and claim your welcome offer: Bet $5, Get $200 in Bonus Bets if Your Bet Wins.
| Teams | Odds |
|---|---|
| Arizona | +430 BET HERE |
| Michigan | +470 BET HERE |
| Duke | +700 BET HERE |
| Houston | +1400 BET HERE |
| Connecticut | +1400 BET HERE |
| Illinois | +1900 BET HERE |
| Iowa State | +1900 BET HERE |
| Purdue | +2000 BET HERE |
| Gonzaga | +2000 BET HERE |
| Florida | +2500 BET HERE |
| Texas Tech | +2500 BET HERE |
Rest of the teams listed at +3000 odds and higher.
The Arizona Wildcats currently offer the most "complete team" value on the board at +430 odds, representing an implied probability of just over 18% for a team that metrics suggest is the true national standard. As of late January 2026, they are the only squad ranking inside the top 5 in both KenPom Adjusted Offense and Defense, a statistical balance historically required to win it all.
While the market is still infatuated with Michigan (+470), Arizona’s 21–0 start, punctuated by their recent gritty 86–83 road win over #13 BYU, proves they can handle Big 12 intensity. The "separator" for bettors, however, is their roster construction: they blend the steadiness of senior point guard Jaden Bradley with the explosive, high-ceiling talent of freshmen Brayden Burries and Koa Peat.
This mix of veteran floor leadership and lottery-pick talent gives them a higher gear than the field, making them a safer investment than their odds suggest.
Online sportsbooks will often have odds posted for the next NCAAM Tournament most of the year for fans to put money on. Placing a wager on your team is pretty easy to do:
You’ll need to open an account with a sportsbook, but I’d recommend opening a few to take advantage of the welcome promos and because, at this stage of the season, odds can vary significantly across books.
Once you’ve done that, find the book with the most advantageous odds for the team you want to bet on. Make sure you have money in your account. Click on the team, enter your desired wager on the betting slip, and place your bet.
Futures odds will be expressed as a three-digit number with a + or – in front. If the odds have a minus number, that means you will need to risk whatever the odds are to win $100. So, if the odds are -1000, you’ll need to bet $1000 to win $100.
But if the odds have a + sign in front, the odds are what you’ll win if you bet $100. If the team has +1000 odds like Houston to start the season, you’ll win $1000 if you bet $100.
If a team has odds, it has a better than 50% chance of winning, and if it has + odds, it has a less than 50% chance of winning.
The following are my preferred online sportsbooks for betting on the NCAAM Tournament Winner:
FanDuel Sportsbook: Not every sportsbook has both a mobile app and a desktop site, or if they do, they don’t function the same. FanDuel has both; what you can do on one, you can do on the other with ease. Navigating both is simple and easy to do, and when you are at a game, you’ll have no trouble using your FanDuel mobile app. Claim the FanDuel welcome bonus today: Bet $5, Get $200 in Bonus Bets if Your Bet Wins.
Caesars Sportsbook: I am really high on Caesars because of their current welcome promo: Bet Match up to $250 - Win or Lose. I love betting on player props and occasionally live betting, but I tend to keep my wagers small so I can place more bets. Doubling my winnings will make it so much more fun. Use our promo code WSN250BM to claim this offer.
BetMGM Sportsbook: I’m a big fan of betting on parlays and same game parlays, and BetMGM’s builder is the best in the business. Sign up for a BetMGM account with our promo code WSNSPORTS and claim: Get Up to $1,500 in Bonus Bets*.
*21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, MS, NY, NV, ON, or PR.
Florida won the school’s third national championship last season, but the all-time record belongs to UCLA with 11, followed by Kentucky with 8, North Carolina and UConn with 6, and Duke and Indiana with 5.
The following table contains a list of the last 15 NCAAM Championship winners:
| Year | NCAA Tournament Winner |
|---|---|
| 2025 | Florida |
| 2024 | Connecticut |
| 2023 | Connecticut |
| 2022 | Kansas |
| 2021 | Baylor |
| 2020 | No tournament |
| 2019 | Virginia |
| 2018 | Villanova |
| 2017 | North Carolina |
| 2016 | Villanova |
| 2015 | Duke |
| 2014 | Connecticut |
| 2013 | Louisville |
| 2012 | Kentucky |
| 2011 | Connecticut |
| 2010 | Duke |
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