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March Madness futures odds: UConn favored to win 2024 NCAA Tournament

We’re just a few days from March Madness and Connecticut is the favorite to repeat as NCAA Tournament champions in 2024.

At BetMGM, just two other teams are in single digits — Purdue and Houston, both No. 1 seeds on the opposite side of the bracket from UConn.

The Huskies did get a relatively tough draw with Auburn (who is a No. 4 seed but is the seventh betting choice in the futures market at 17/1) and Iowa State (right behind Auburn at 18/1) in their bracket.

Odds to win 2024 NCAA Tournament

Odds courtesy of BetMGM. Updated March 19.

TeamOdds to win March Madness 2024
Connecticut +400
Houston +600
Purdue +650
Arizona +1100
North Carolina +1300
Tennessee +1500
Auburn +1700
Iowa State +1800
Kentucky +2500
Marquette +2500
Creighton +2500
Duke +3000
Illinois +3000
Baylor +3500
Kansas +4000
Alabama +4000
Gonzaga +6000
Florida +6000
St. Mary’s +6600
BYU +6600
Wisconsin +8000
Michigan St +10000
FAU +10000
Texas Tech +10000
San Diego St +10000
Mississippi St +10000
Texas +12500
New Mexico +12500
Utah State +12500
TCU +15000
Washington St +15000
Clemson +15000
Nevada +15000
Nebraska +15000
Texas A&M +20000
Colorado +20000
NC State +20000
South Carolina +20000
Dayton +20000
Oregon +25000
Virginia +25000
Northwestern +25000
Drake +25000
Boise St +30000
Colorado St +30000
Grand Canyon +30000
James Madison +35000
McNeese +35000
Yale +50000
Duquesne +50000
UAB +50000
Samford +100000
Morehead St +100000
Oakland +100000
Charleston +100000
Vermont +100000
Akron +100000
Western KY +100000
Long Beach State +100000
Grambling +100000
Longwood +200000
Stetson +200000
Wagner +200000
S Dakota St +200000
Colgate +200000
Montana St +200000
Howard +200000


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2024 March Madness favorites

The UConn Huskies are the current favorites to cut down the nets again in early April. However, their recent loss to the Creighton Blue Jays, show just how unpredictable this March Madness tournament will be.

Right behind the Huskies are two perennial contenders in the Purdue Boilermakers (+650) and the Houston Cougars (+600). Both teams have held the No. 1 spot in the rankings this season and enter the NCAA Tournament as No. 1 seeds, on the opposite side of the bracket as UConn.

Arizona, Tennessee, Auburn and North Carolina are next on the board, all less than 20/1 at BetMGM.


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