Woman's NCAA Tournament Odds & Predictions 2024: March Madness Favorites

• For just the third time in NCAAW Tournament history, the field will consist of 68 teams.

• There is still time to place a futures bet on a women's March Madness winner.

• South Carolina is a heavy favorite, followed by Iowa, LSU, and UConn.

It is time once again for the NCAAW Tournament, commonly referred to as March Madness. While it is a lot of fun, betting on the women's tournament can drive a bettor well—mad, and not just because of the inevitable upsets and disappointments.

Which sportsbook(s) should you bet with? Who has the best welcome offer and March Madness promos? Can I bet on games in any state with legal online sports betting?

We will do our best to answer these questions regarding women’s Madness and more in the following guide.

NCAAW Tournament Odds

Click "BET HERE" under the odds in the table below to head to the corresponding sportsbook and place your bets. Here is a partial list of teams and their odds of winning the women's tournament this year.

Women's March Madness Trends

• The NCAAW Tournament has only been won by a No. 1 (31 times), No. 2 (seven), and No. 3 seed (three).

• No seed lower than No. 9 has made the Final Four.

• No seed lower than No. 11 has ever made the Elite Eight.

• A No. 14 and No. 15 seed has yet to make it past the first round.

• One No. 16 seed has made it to the second round (Harvard, 1998).

• Lowest seed to reach Sweet 16—No. 13 (Texas A&M in '94, Liberty in '05, and Marist in' 07).

• One No. 4 seed has made the title game (Louisianna Tech,' 94).

• One No. 5 seed has made the title game (Louisville,' 13).

• 19 teams have entered the Tournament ranked No. 1 in at least one poll and went on to win it all.

• At least one No. 1 seed has made the Final Four every year.

• All four No. 1 seeds have made the Final Four on just four occasions.

• The title game featured two No. 11 seeds 14 times.

• No. 1 seeds are 100-3 in the second round.

• No. 2 seeds are 80-16 in the second round.

• 20 teams have entered the Tournament undefeated; nine went on to win it all.

NCAA Women's March Madness Predictions - Favorites Win to NCAAW Tournament 

It is always tempting to bet on a team with longer odds in hopes of winning a big payday. But if history is any indication, bettors would be wise to stick with one of the favorites:

South Carolina -120 (DraftKings)

It is hard to find a reason not to pick the Gamecocks. They are undefeated, have handled many of the best teams in the country already (LSU, Tennessee, UConn, etc.), and are among the best in almost every statistical category.

Their free-throw percentage (68.6) could be better, and they don't make a ton of three-pointers(6.5/game). But otherwise, it is nearly impossible to find a flaw in their game.

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Iowa +650 (via FanDuel)

Caitlin Clark and the Iowa Hawkeyes ended South Carolina's undefeated season in the Final Four last year, 77-73 (Clark had 41 points). While Iowa is certainly a solid team, the key to beating them is simple—slow down Caitlin Clark. Only two other players average in double digits, but combined score less than Clark.

Of course, it is one thing to know you have to slow Clark down and another to do it.

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LSU +1500 (via FanDuel)

It is never wise to underestimate a defending champion when they've had a solid season (28-5), but there are some obvious reasons. They have faced South Carolina twice and lost both games, and they are one of the worst three-point shooting teams in the nation (No. 302).

If someone starts to make it rain from behind the arc on the Tigers, LSU may have a hard time closing the gap.

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Other Teams Worthy of Consideration

It is worth taking a look at any team seeded No. 1, 2, or 3 since those are the only seeds ever to win the Women's March Madness:

USC and Stanford are projected to be No. 1 seeds, along with South Carolina and Iowa. USC finished the regular season on a five-game win streak, including victories over No. 7 UCLA and No. 2 Stanford.

Stanford is an all-around solid team that can take advantage of any mistakes teams make against them. UConn is another solid team; four of their five losses came against ranked teams (No. 1 South Carolina, No.2 UCLA, No. 10 Texas, and No. 15 Notre Dame).

Texas also has a solid resume, but like LSU, their struggles from three-point range are concerning (No. 322).

Our Picks to Win the NCAAW Championship

Favorite: Iowa +650 (via FanDuel)

South Carolina is a great team, but since they have minus odds, betting on them is not as appealing as betting on other teams. That, and this season, has been all about Caitlin Clark. At +650, there is certainly a lot of value there.

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Dark Horse: UConn +2500 (via FanDuel)

They are one of the strongest all-around teams in the country, next to Iowa and South Carolina. It would be shocking not to see them in the Final Four this year. LSU could also qualify as a dark horse, but at their odds (+700), there is not nearly as much value.

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Longshot: Texas +2800 (via Caesars)

There is enough talent on the Longhorns roster to win it all, but their chances hinge on someone else taking down South Carolina and Iowa. They'll have their work cut out to make the title game since they'll likely need wins over USC to make the Final Four and then another over either Stanford or LSU to win it all.

Follow our link to bet on our picks and claim up to $1,000 First Bet at Caesars Sportsbook!

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NCAAW Championship History

The Women’s NCAA Division I basketball tournament began in 1982, with 32 teams participating. Louisiana Tech won the first title, defeating Cheyney 76-62. Over the years, the number of teams participating has ranged from 32 to 64 (since 1994). As of the 2022 Tournament, the number of teams expanded to 68.

UConn holds the record for most appearances as a No. 1 seed with 22 followed by Tennessee with 21. 

Past NCAAW Championship Winners

How to Choose the Best Sportsbook for Betting on the NCAAW Championship

What qualifies as the best sportsbook for betting on the NCAAW Tournament somewhat depends on what you want in a sportsbook. Are you strictly looking for the book with the best odds? Or do you just want to join one sportsbook and want the best welcome offer? Or are you looking for a combination of things?

It will depend on what you are looking for, but here is a table comparing a few of our favorites:

How to Read NCAAW March Madness Betting Lines

Sportsbooks in the US use what are referred to as ‘American odds’ in betting lines. American odds always have a “+” or “-“ preceding three (or more) numbers. Odds for the betting favorite will usually have a “-“ in front, while underdog odds have a “+.”

Here’s what a betting line for a hypothetical game may look like:

If you want to take Team A to win outright, you'll want to bet the moneyline, +140. A bet of $100 would result in a $240 payday, your stake, and $140 in winnings. However, had you bet on Team B, to win $100 you would need to bet $110.

Let's say you are not confident Team A can win outright, but you don't think they'll lose by a basket. So, you take Team A and the points (+2) at -110. You win your bet if Team A wins outright or loses by one point.

As for the Total, if you think the combined final scores for both teams will be greater than the number listed, you should bet the Over. But if you do not think so, you should bet the Under.

States With Betting Restrictions on the NCAAW Tournament

The following states have restrictions that do not allow bettors to place wagers on teams from in-state colleges and universities.

• New Jersey

• Illinois

• Tennessee: Live betting is also prohibited.

• Virginia: Live betting is also prohibited.

• New Hampshire

• New York: Betting on events held in New York is also prohibited.

• Oregon: Betting on college teams can only be done at casinos.

• Rhode Island: Betting is also prohibited on events held in-state.

• Washington DC

• Connecticut

• Delaware

• No live betting in Mississippi

• New Mexico

• South Dakota

• Washington