2023 March Madness Odds Tracker

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

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:Â 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.

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.