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march madness odds

March Madness Odds & Futures: CBB Championship 2026

Heading into tonight’s National Championship Game, the March Madness Futures list Michigan (-300) as favorites against UConn (+240). UConn has pulled off back-to-back upset victories, though, and has somehow won its last 19 games in the Sweet 16 or later.

March Madness Odds  

Team

Price

Winnings ($10)

Michigan Wolverines

-300

$3.33

Connecticut Huskies

+240

$24.00

All odds are courtesy of US Sportsbooks, correct at the time of publishing and subject to change. 

March Madness Odds 2026 

Michigan Wolverines (-300)

It should come as no surprise that Michigan is the heavy favorite to win the title. Heading into Saturday’s game against Arizona, the Wolverines had the shortest March Madness Futures odds. Dusty May’s team went on to dismantle one of the best teams in the country with ease.

Star forward Yaxel Lendeborg, who had scored 20+ points in three games in a row, only played 14 minutes against Arizona due to minor leg injuries and foul trouble. With Lendeborg in the lineup, Michigan is downright scary.

In fact, Michigan is the first team to score 90+ points in five NCAA Tournament games. The Wolverines rank fourth in the country in adjusted offensive efficiency and first in defensive efficiency. Aday Mara is one of the country’s best rim protectors.

The 7’3” Spanish center has recorded two or more blocks in eight straight games. Lendeborg is also a defender, while Morez Johnson Jr. will be tasked with shutting down UConn’s Tarris Reed Jr. tonight. UConn may struggle to find an answer for Michigan’s transition offense as well.

Connecticut Huskies (+240)

After defeating Illinois 71-62 on Saturday, Dan Hurley and Connecticut reached their third National Championship Game in the past four seasons. UConn is now an underdog for a third straight game, but the Huskies are an incredible 6-0 in national championship games.

Center Tarris Reed Jr. has been superb during the tournament, averaging 20.8 points and 13.0 rebounds per game. The Huskies have also gotten key contributions from the likes of Braylon Mullins and Alex Karaban. Incredibly, they’ve won their last 19 games in the Sweet 16 or later.

How to Bet on March Madness Futures

One of the most popular futures bets on the sporting calendar is on the NCAA Basketball Tournament winner. Futures bets, which all major sportsbooks offer, are placed on the winner of an event that concludes at a later date. Here’s how you can place a futures bet on the tourney:

  1. First, create or log in to your account at the sportsbook of your choice
  2. Deposit the amount you are comfortable risking and click on the NCAA Basketball icon
  3. There should be a “Futures” tab within the NCAAB section that you should click on
  4. One of the available bets should be “NCAA Champion”. Navigate to the bet page
  5. Pick your winner and stake the amount of your choice on the bet

NCAA Championship Winners History

Michigan has the opportunity to win its first National Championship since 1989. It could also become the first Big Ten team to win the title since 2000. Meanwhile, current Big East teams have won four of the last ten titles, and UConn accounts for two of those.

Winners 

Odds 

Year  

Opponents

Florida Gators  

+400

2025

Houston Cougars

Connecticut Huskies

+470

2024

Purdue Boilermakers

Connecticut Huskies

+1700

2023

San Diego State Aztecs

Kansas Jayhawks

+975

2022

North Carolina Tar Heels

Baylor Bears

+465

2021

Gonzaga Bulldogs

Virginia Cavaliers

+750

2019

Texas Tech Red Raiders

Villanova Wildcats

+490

2018

Michigan Wolverines

North Carolina Tar Heels

+650

2017

Gonzaga Bulldogs

Villanova Wildcats

+1400

2016

North Carolina Tar Heels

Duke Blue Devils

+975

2015

Wisconsin Badgers

*No tournament held in 2020 due to COVID-19 pandemic