The March Madness brackets are set, groups are filling, and the championship odds have changed since we last discussed them.
I suggest placing a couple bets now, since we know the seeding and possible matchups. The odds won’t become better than this, so we need to exploit them. If one of your bets makes it to the championship game, you will be able to guarantee profits by hedging your bet with the other school. For a refresher on hedging in sports betting, click here for my full breakdown with examples.
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NCAA Tournament Odds
Duke (+225) | Gonzaga (+600) | Virginia (+600) | North Carolina (+750) |
Kentucky (+1200) | Michigan St. (+1200) | Michigan (+1600) | Tennessee (+1600) |
Texas Tech (+2000) | Auburn (+3300) | Florida St. (+3300) | Houston (+3300) |
Purdue (+3300) | Iowa St. (+4000) | Virginia Tech (+4000) | LSU (+5000) |
Villanova (+5000) | Kansas (+5500) | Kansas State (+6000) | Marquette (+6000) |
Buffalo (+8000) | Cincinnati (+8000) | Louisville (+8000) | Nevada (+8000) |
Wisconsin (+8000) | Syracuse (+12500) | Florida (+15000) | Maryland (+15000) |
Mississippi St. (+15000) | Oregon (+15000) | Wofford (+15000) | Iowa (+20000) |
Murray St. (+20000) | UCF (+25000) | Minnesota (+25000) | Mississippi (+25000) |
New Mexico St. (+25000) | Seton Hall (+25000) | Washington (+25000) | Ohio St. (+35000) |
Oklahoma (+35000) | VCU (+35000) | Arizona State (+50000) | Baylor (+50000) |
Belmont (+50000) | Georgia State (+50000) | Northern Kentucky (+50000) | Old Dominion (+50000) |
St. Louis (+50000) | St. Mary's (+50000) | St. John's (+50000) | Temple (+50000) |
Utah St. (+50000) | Cal Irvine (+100000) | Iona (+100000) | Liberty (+100000) |
Montana (+100000) | Northeastern (+100000) | Vermont (+100000) | Yale (+100000) |
*All tournament odds taken from Bovada.
It’s not a surprise to see the four top-seeded teams having the best odds to cut down the net. It’s also not surprising to see the odds of Duke winning become less profitable with the return of Zion Williamson, as discussed last time.
We will discuss the best value bets at a later time, but as you can see, teams that are not on top of their region bring a nice return.
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