March Madness Odds for AP Top 25 Teams: Rankings’ Impact on National Title Betting

March Madness odds and AP Top 25 rankings are by no means tied at the hip. In fact, there are often notable discrepancies between a team's AP poll ranking and its odds to win the NCAA Tournament.

But at least at the top, there's some semblance of symmetry. At BetMGM, defending champion UConn is ranked No. 1 and is atop odds to win March Madness.

Here's everything you need to know about 2023-24 March Madness odds for AP Top 25 teams: action, movement and betting trends. Check back each Monday for weekly updates and use our BetMGM bonus code to get the most out of your action.

March Madness Odds

NCAA Tournament Odds for AP Top 25 Teams

UConn coach Dan Hurley has his team atop the AP poll and the the NCAA Tournament odds board. The Huskies won the title last season. (Getty)

Below are the men's college basketball AP Top 25 rankings for the week of Feb. 19, followed by each team's odds to win March Madness:

March Madness Odds Movers and Shakers

Milan Momcilovic and Iowa State are nearing the top five in the AP poll and climbing up the March Madness odds board in the process. (Getty)

Iowa State and Tennessee are two notable upward movers over the past week. The Cyclones (20-6 SU/17-7-2 ATS) jumped four spots in the AP poll, from No. 10 to No. 6. However, hours after making that move Monday, Iowa State lost to No. 2 Houston 73-65 as an 8-point road underdog.

Still, the Cyclones are now into +2000 on BetMGM's March Madness futures odds board. Iowa State opened +5000 last April and was +3000 last week.

Tennessee (20-6 SU/12-13-1 ATS) climbed from No. 8 to No. 5 in the AP rankings. BetMGM nudged the Vols from +1400 to +1300 in NCAA Tournament championship odds. Tennessee opened +3300.

"These are two teams I really like," BetMGM trader Seamus Magee said. "Iowa State is showing that it belongs in the conversation of teams that can make a run in March.

"While I like Alabama more, Tennessee is another team that certainly has the stuff to make a run in this tournament. However, the question remains: Can Rick Barnes get this team to the Final Four?"

On the flip side, a surprising South Carolina team finally slowed down in the past week. The Gamecocks (21-5 SU/18-8 ATS) got run out of the gym at No. 14 Auburn, losing 101-61. Then, as 8-point home favorites, the Gamecocks lost to LSU 64-63.

South Carolina slipped from No. 11 to No. 20 in the AP poll.

"I was worried about something like this happening to South Carolina," Magee said. "I said a few weeks ago that I wasn’t sure if the Gamecocks were a team capable of picking off some teams that are better than them. They certainly looked like that against Auburn, and then looked really unimpressive against a bad LSU team. I worry for this team heading down the stretch."

However, the Gamecocks shortened in the past week, from +9000 to +8000 to win the championship.

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