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

Written by: Travis Pulver
Published March 14, 2024
8 min read
  • 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.

TeamDraftKings OddsFanDuel OddsCaesars Odds
South Carolina-120
BET HERE
-130
BET HERE
-135
BET HERE
Iowa+600
BET HERE
+650
BET HERE
+600
BET HERE
LSU+700
BET HERE
+650
BET HERE
+600
BET HERE
UConn+1500
BET HERE
+2500
BET HERE
+1100
BET HERE
Stanford+1600
BET HERE
+1500
BET HERE
+2500
BET HERE
Texas+2000
BET HERE
+2500
BET HERE
+2800
BET HERE
Ohio State+2500
BET HERE
+2500
BET HERE
+2800
BET HERE
USC+3000
BET HERE
+2500
BET HERE
+2500
BET HERE
UCLA+3500
BET HERE
+2500
BET HERE
+1700
BET HERE
NC State+4000
BET HERE
+5500
BET HERE
+4000
BET HERE
Notre Dame+5000
BET HERE
+5500
BET HERE
+2500
BET HERE
Indiana+7500
BET HERE
+25000
BET HERE
+4500
BET HERE
Virginia Tech+7500
BET HERE
+25000
BET HERE
+6000
BET HERE
Utah+7500
BET HERE
+25000
BET HERE
+8500
BET HERE
Gonzaga+10000
BET HERE
+25000
BET HERE
+10000
BET HERE
Colorado+10000
BET HERE
+25000
BET HERE
+8500
BET HERE
Oregon State+10000
BET HERE
+10000
BET HERE
+10000
BET HERE
Kansas State+15000
BET HERE
+25000
BET HERE
+9000
BET HERE
Baylor+15000
BET HERE
+50000
BET HERE
+8000
BET HERE
Louisville+20000
BET HERE
+50000
BET HERE
+25000
BET HERE
Duke+20000
BET HERE
+50000
BET HERE
+27500
BET HERE
Women NCAA Tournament Prediction

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.

Place your bets at DraftKings and claim $150 in Bonus Bets!

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.

Wager $5 at FanDuel and get $200 in Bonus Bets if your bet wins!

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.

Place your bets at FanDuel and claim $200 in Bonus Bets!

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.

Bet on our picks at FanDuel for a chance to get $200 in Bonus Bets!

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.

Wager just $5 at our Dark Horse pick and get $200 in Bonus Bets if your bet wins!

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!

If you or someone you know needs support or wants to speak with a professional about responsible gambling, seek out the correct resources. Call 1-800-GAMBLER to get help, or visit 1800gambler.net for more information. WSN is an advocate for safe gambling practices.

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

YearWinner
2023LSU (34-2)
2022South Carolina (35-2)
2021Stanford (31-2)
2020Canceled due to Covid-19
2019Baylor (37-1)
2018Notre Dame (34-3)
2017South Carolina (33-4)
2016Connecticut (38-0)
2015Connecticut (38-1)
2014Connecticut (40-0)
2013Connecticut (35-4)
2012Baylor (40-0)
2011Texas A&M (33-5)
2010Connecticut (39-0)
2009Connecticut (39-0)
2008Tennessee (36-2)
2007Tennessee (34-3)
2006Maryland (34-4)
2005Baylor (33-3)
2004Connecticut (31-4)
2003Connecticut (37-1)
2002Connecticut (39-0)
2001Notre Dame (34-2)
2000Connecticut (36-1)
1999Purdue (34-1)
1998Tennessee (39-0)
1997Tennessee (29-10)
1996Tennessee (32-4)
1995Connecticut (35-0)
1994North Carolina (33-2)
1993Texas Tech (31-3)
1992Stanford (30-3)
1991Tennessee (30-5)
1990Stanford (32-1)
1989Tennessee (35-2)
1988Louisiana Tech (32-2)
1987Tennessee (28-6)
1986Texas (34-0)
1985Old Dominion (31-3)
1984Southern California (29-4)
1983Southern California (31-2)
1982Louisiana Tech (35-1)

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:

DraftKingsCaesarsFanDuel
Welcome BonusBet $5, Get $150 in Bonus Bets!Up to a $1,000 First Bet on CaesarsBet $5, Get $200 in Bonus Bets 
Payment Options- Credit/Debit card 
- Wire transfer 
- PayPal
- Online Banking
- VIP Preferred
- DraftKings Gift Card
- In-person
- Venmo
- Checks
- Cash
- Play+ Prepaid Card
- Credit/Debit Card 
- PayPal
- PayNearMe
- Online Banking
- Play+ Prepaid Card
- eCheck
- VIP Preferred
- In-person
- Credit/Debit Card 
- Wire transfer 
- PayPal
- PayNearMe
- Online Banking
- VIP Preferred
- In-person
- Venmo
Deposit TimeInstantInstantInstant
Withdrawal TimeVaries depending on the banking methodVaries depending on the banking methodVaries depending on the banking method
Bet on March Madness BET HEREBET HEREBET HERE

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:

 Point SpreadMoneylineTotal
Team A+2 (-105)+140O 130.5 (-110)
Team B-2 (-110)-130U 130.5 (-110)

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

NCAAW March Madness Tournament FAQ

Who is favored to win the NCAAW tournament?

When is the NCAAW March Madness Tournament?

Where is the NCAAW Final Four and championship game held this season?

How can I watch the NCAAW Tournament?

Who Won the NCAAW March Madness Tournament last season?

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AUTHOR

Travis Pulver

17 Articles

Travis Pulver is a lifelong football fan, something he says comes naturally having been born in the football-crazy state of Texas. Through the years, Pulver's love of sports has extended into baseball, basketball, golf, and rugby. Life currently finds him in Indiana with his wife and two kids.

More info on Travis Pulver
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