🏀 March Madness Odds 2026: Duke, Michigan, Arizona Clear Favorites

The March Madness odds are led by Duke, Michigan, Arizona, and Florida with Selection Sunday around the corner (March 15).
Michigan's Yaxel Lendeborg has the Wolverines atop the March Madness odds.
Pictured: Michigan's Yaxel Lendeborg has the Wolverines atop the March Madness odds. Photo by Rick Osentoski-Imagn Images.
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With Selection Sunday on the horizon (March 15), three teams remain the cream of the crop atop the March Madness odds.

Duke and Michigan are both +340 favorites to win March Madness, with Arizona just behind them at +480. Those three programs have been the clear best all season, jockeying for position in the AP Top 25, with each of them owning the No. 1 spot at various points.

After winning the NCAA Tournament last year, Florida is the clear fourth-biggest favorite at +800. Meanwhile, college basketball mainstays like Houston (+1200), Illinois (+1800), and UConn (+1800) are the only other teams with odds shorter than +2500.


πŸ“Š Live March Madness odds 2026

Our March Madness odds update in real time based on the latest college basketball odds.


πŸ“ˆ March Madness betting insights

March Madness betting insights via BetMGM.

Highest ticket percentage Highest handle percentage Biggest liabilities
Michigan (12.7%) Houston (13.7%) Houston
Duke (8.7%) Michigan (13.4%) Michigan
Arizona (6.9%) Arizona (12.3%) St. John's

πŸ”’ March Madness opening odds

Odds via FanDuel.

  • Duke: +1000
  • Houston: +1200
  • Louisville: +1400
  • Purdue: +1400
  • BYU: +1600
  • Kansas: +1600
  • Alabama: +1800
  • Arkansas: +1800
  • Auburn: +1800
  • UConn: +1800
  • Kentucky: +2000
  • Florida: +2500
  • Michigan: +2500
  • St. John's: +2500
  • Texas Tech: +2500
  • Gonzaga: +3000
  • Iowa State: +3000
  • Tennessee: +3000
  • UCLA: +3000
  • Arizona: +3500
  • Michigan State: +3500
  • Baylor: +5000
  • Creighton: +5000
  • Indiana: +5000
  • North Carolina: +5000

πŸ’° March Madness odds history

Year Team Preseason odds
2024-25 Florida +6000
2023-24 UConn +2000
2022-23 UConn +8000
2021-22 Kansas +1400
2020-21 Baylor +800
2019-20 Canceled 
2018-19 Virginia +1350
2017-18 Villanova +2700
2016-17 North Carolina +1900
2015-16 Villanova  +2500
2014-15 Duke +900
2013-14 Connecticut  +6500
2012-13 Louisville +700

❓March Madness FAQs

Who is the March Madness 2026 favorite?

Duke and Michigan are the 2026 March Madness odds favorites. The Blue Devils and Wolverines' odds (+340) imply a 22.73% probability one of them will win the NCAA Tournament, according to our odds calculator.

Who won March Madness last year?

Florida beat Houston 65-63 in the NCAA Championship to win its third national title in program history.

When is the national championship game?

The 2026 March Madness tournament will begin with Selection Sunday on Sunday, March 15. The NCAA Championship will be played on Monday, April 6.

Where is the national championship game?

The Final Four and national championship game of the 2026 NCAA Tournament will be played at Lucas Oil Stadium in Indianapolis.


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