2027 NCAA Tournament Futures Odds: Duke, Michigan Quickly Move to Favorites
NCAA Tournament odds for 2027 are on the board, with the 2026 market settled. Michigan finished a dominant March Madness run by beating UConn for the 2026 championship.
Florida opened as the favorite in 2026 March Madness futures odds. But in very short order, Duke and Michigan overtook the Gators. And it's a packed board, with 10 teams at +2000 or shorter.
Prediction markets are part of the mix, as well. Prediction market apps such as Kalshi offer users a way to trade contracts on who will win the college basketball national championship.
Below are National Championship odds at traditional sportsbooks, as well as Polymarket. Use our Polymarket invite code to get started by clicking on the module below.
Below are current NCAA men's basketball national championship odds, followed by sportsbook insights. To get the most out of your college basketball bets, use our bet365 bonus code.
(Feature image: Kirby Lee/Imagn Images)
National Championship Winner Odds
| Time | Bet365 | BetMGM | DraftKings | Caesars | FanDuel | RiversCasino | |
|---|---|---|---|---|---|---|---|
| |  › |  › |  › |  › |  › |  › | |
| +1000 | +600 | +700 | +750 | +600 | +800 | ||
| +750 | +800 | +850 | +750 | +750 | +900 | ||
| +1200 | +1000 | +1300 | +1300 | +1300 | +1100 | ||
| +1400 | +1400 | +1500 | +1700 | +1600 | +1400 | ||
| +1600 | +1500 | +1600 | +1600 | +1600 | +2000 | ||
| +1400 | +1400 | +1700 | +1400 | +1500 | +1400 | ||
| +1600 | +1700 | +1700 | +2000 | +1600 | +1800 | ||
| +2000 | +1600 | +1800 | +1800 | +1600 | +2000 | ||
| +1600 | +2000 | +1800 | +2500 | +1600 | +1400 | ||
| +1800 | +1800 | +1900 | +2200 | +1600 | +2000 | ||
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2026-27 March Madness Futures Odds
Quick Change at the Top
LATEST UPDATE: While Michigan cut down the nets for 2026, Florida opened as the favorite in BetMGM's 2027 NCAA Tournament futures odds. The Gators, who won the title in 2025, started at +1000.
Duke was right on Florida's heels at +1100, followed by the newly minted champion Wolverines as the +1300 third choice. However, within 18 hours, there was a changing of the guard.
Duke and Michigan quicky moved into +800, while Florida remained at +1000. Michigan State and Arizona follow at +1400, and 2026 runner-up UConn is the +1500 sixth choice.
Granted, there aren't a lot of tickets or dollars in the pot yet, with this market spanning the next 12 months. But with what's in the pot, the Wolverines are quite popular, taking 24% of first-day bets and 34% of first-day money.
Duke is No. 2 in tickets and money, but Michigan is taking twice as many bets and 2.5 times more money than the Blue Devils.
The top five in ticket count in BetMGM's March Madness futures odds:
- Michigan
- Duke
- Florida
- Arizona
- UConn
The top five in money in BetMGM's 2027 March Madness odds:
- Michigan
- Duke
- Florida
- Arizona
- Iowa
The Hawkeyes are an interesting play early, after making a surprise run to the Elite 8 in the 2026 NCAA Tournament. Iowa is 11th in ticket count, at just 1.3%, but has taken 3.2% of early money – more than UConn, North Carolina, Kentucky, Kansas, Houston, Illinois and Virginia, among others.
That said, Iowa opened and remains a distant +8000 in NCAA Tournament championship odds.
Opening National Championship Odds
Below are BetMGM's opening odds for a few of the top teams to win the 2026-27 College Basketball National Championship:
- Florida +1000
- Duke +1100
- Michigan +1300
- Michigan State +1400
- Arizona +1500
- UConn +1500
- Houston +1700
- Arkansas +1800
- Kansas +2000
- Illinois +2200
- Texas Tech +2500
- North Carolina +2500
- Alabama +2500
Before placing your bet on any NCAA games, make sure to use our Fanatics Sportsbook promo or DraftKings promo code available to new registrants!
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Betting on College Basketball
March Madness odds represent the likelihood of a team winning the NCAA Men's Basketball Tournament. These odds are determined by sportsbooks and can change throughout the season, based on a team's performance and potential matchups..
Check out more resources and where to locate the best March Madness odds below:
Best CBB Betting Sites I Sportsbook Promos for March Madness Betting I Best College Basketball Parlay Picks I How To Make A March Madness Bracket
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How To Bet On College Basketball Futures
March Madness is among the most popular events on the American sports betting calendar. College basketball futures wagers can lead to generous returns if you can land the right team at good odds for the NCAA Tournament, held over three weekends from mid-March to early April.
Check out our online sportsbook directory to find the best odds and most secure places to make college basketball bets, as well as exclusive sportsbook offers.
Similar to other sports, the majority of online oddsmakers post College Basketball Futures at the conclusion of the previous season. The betting market usually sees a spike of popularity in May or June, as top players decide whether to stay in college or enter the NBA Draft.
Some bettors have a knack for forecasting who’s returning and leaving, which could create a huge advantage over the oddsmakers. Knowing that a team will be more experienced is a huge advantage in the College Basketball Futures market.
Learn how to bet on futures.
Before you bet on college basketball, use our BetMGM bonus code to make the most of your wagers.
