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Favorites to win March Madness Tournament

SportsbookWire Staff
Sportsbook Wire

The March Madness tournament is in motion, as the first round was released earlier today during Selection Sunday. With it, the March Madness favorites have been set by sportsbooks. In short order, round one will begin and a field of 68 teams will battle it out in the NCAA men's college basketball tournament to see which team will be left standing.

The early top-three National Champion favorites include Gonzaga +275 (bet $100, profit $275), Baylor +350 (bet $100, profit $350) and Michigan +600 (bet $100, profit $600) per the oddsmakers at BetMGM Sportsbook.

Rounding out the top five includes Illinois (+900) and Ohio State (+1400).

New to the world of sports betting? An early wager offers solid profit if you're correct; the odds will only get shorter as the tournament continues and teams are knocked out.

If you can nail a long-shot, the returns become even better. Think Alabama (+1600) can win it all? A $100 wager on Alabama returns a $1,600 profit if you're correct and they win the championship. How about Indiana (+3500)? A $100 wager there returns a $3,500 return if Indiana wins the National Championship.

March Madness Brackets: PLAY in the USA TODAY Sports' bracket sweepstakes! Printable brackets. Private groups. Prizes. And mobile users can play USA TODAY Sports' Couchketball virtual hoops challenge - the interactive basketball game where your skills determine the outcome!

March Madness National Championship Odds

March Madness odds via BetMGM Sportsbook, last updated March 14, 2021. Place your legal, online bets in CO, IA, IN, MI, NJ, PA, TN, VA and WV at BetMGM. New customer offer: Risk-free first bet! Terms and conditions apply. Bet now!

SchoolNational Championship Odds

Gonzaga

+275

Baylor

+350

Michigan

+600

Illinois

+600

Ohio State

+1400

Iowa

+1500

Oklahoma State

+1600

Florida State

+1600

Alabama

+1600

Houston

+2000

Texas

+2000

Creighton

+2000

West Virginia

+2000

Villanova

+2500

Wisconsin

+2500

Texas Tech

+2500

Virginia

+2500

USC

+2500

Kansas

+2500

Tennessee

+3500

UCLA

+3500

Oklahoma

+3500

Loyola-Chicago

+4000

Arkansas

+4000

Missouri

+5000

Oregon

+5000

Florida

+5000

LSU

+5000

UCONN

+5000

Virginia Tech

+5000

Colorado

+5000

Rutgers

+5000

Purdue

+5000

Michigan State

+6600

Utah State

+6600

Syracuse

+8000

BYU

+8000

Clemson

+8000

Oregon State

+8000

Maryland

+10000

Georgia Tech

+10000

Wichita State

+10000

VCU

+10000

St. Bonaventure

+10000

Georgetown

+10000

Liberty

+50000

N. Texas

+50000

Winthrop

+50000

Ohio

+50000

UNC Greensboro

+50000

Iona

+100000

Appalachian State

+100000

Abilene Christian

+100000

Cleveland State

+100000

Colgate

+100000

Drexel

+100000

Eastern Washington

+100000

Grand Canyon

+100000

Hartford

+100000

Morehead State

+100000

Mount St. Mary's

+100000

Norfolk State

+100000

Oral Roberts

+100000

Texas Southern

+100000

UC Stanta Barbara

+100000

Want some action on the March Madness tournament? Place a bet at BetMGM now. For more sports betting picks and tips, visit SportsbookWire.com. Please gamble responsibly.

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Gannett may earn revenue from audience referrals to betting services. Newsrooms are independent of this relationship and there is no influence on news coverage. This information is for entertainment purposes only. We make no representations or warranties as to the accuracy, completeness, or reliability of any content.

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