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2023 March Madness Odds Tracker

Sascha Paruk

By Sascha Paruk

Updated:


  • This page tracked the odds to win March Madness 2023
  • UConn won the title, beating San Diego State in the championship game
  • Looking for this year’s March Madness odds?

After an up-and-down regular season, UConn absolutely routed its March Madness competition as a #4 seed in the 2023 NCAA Men’s Basketball Tournament.

The Huskies won all of their six games by at least 13 points, including a 76-59 beatdown of San Diego State in the national championship game. The win gave UConn its fifth national title as a school, and head coach Dan Hurley his first championship.

The charts and timeline below show how the odds shifted over the course of the season.

2023 March Madness Odds

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2023 NCAA Tournament Favorites

Team Odds
UConn -340
San Diego State +280
Miami Out
FAU Out

Odds as of April 1, 2023, at DraftKings Sportsbook.

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March Madness Odds Movement Timeline

  • March 26, 2023: UConn (-130) heads into the Final Four as heavy favorites over SDSU (+380), Miami (+550), and FAU (+600)
  • March 25, 2023: All the #1 seeds are done and #4 UConn will head into the Elite Eight as the favorite in the odds to win March Madness, followed by #2 Texas (+360) and #3 Gonzaga (+500).
  • March 21, 2023: In the latest March Madness odds (heading into the Sweet 16), Alabama (+350) and Houston (+360) are in a tier by themselves, with third-favorites UCLA and UConn back at +900. The gap between 15th-favorite Miami (+4500) and the last team on the board, Princeton (+18000), is even bigger.
  • March 18, 2023: Heading into the round of 32, only a handful of teams are seen as extreme longshots: Princeton (+50000), Fairleigh Dickinson (+50000), and Furman (+40000) are considerably longer than any other squad.
  • March 15, 2023: On the eve of the NCAA Tournament, Houston continues to lead the way at +583.
  • January 24, 2023: Alabama is now the second-favorite at +990, trailing only Houston (+600).
  • January 3, 2023: Houston is still favored at +690, followed by UConn at +1200 and Kansas at +1340. Texas has faded from a season-best of +1140 to +1660.
  • December 12, 2022: Houston (+680) continues to hold top spot in the NCAA Tournament championship odds roughly a month into the new season. Second-favorite Texas is well back at +1180.
  • April 12, 2022: Houston has moved into the top ten (+1300) bouncing  Arkansas (+1450) to sixth.
  • April 4, 2022: Duke is a tepid +1100 favorite in the opening odds, followed by defending champion Kansas (+1250) and last year’s runner-up North Carolina (+1300). Arkansas (+1350) and Kentucky (+1350) round out the top five.
Sascha Paruk
Sascha Paruk

Managing Editor

Sascha has been working in the sports-betting industry since 2014, and quickly paired his strong writing skills with a burgeoning knowledge of probability and statistics. He holds an undergraduate degree in linguistics and a Juris Doctor from the University of British Columbia.

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