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March Madness Odds: Gonzaga Becomes Favorite For 2021 Championship

After an exciting opening week of NCAA basketball, one team has shown it is head and shoulders above everyone else in 2021 March Madness odds and that’s the Gonzaga Bulldogs.

The best basketball betting sites have Gonzaga as the +650 favorite in NCAA championship odds after an impressive two-game slate that saw them handily take down Kansas and Auburn. The Bulldogs’ next game is Saturday, December 5, vs the Baylor Bears, who are third on the oddsboard at +1200.

Sandwiched between those programs on the March Madness odds list are the Villanova Wildcats (+1000), who were upset by the Virginia Tech Hokies on Sunday and dropped to 2-1 on the season. The Illinois Fighting Illini (+1400) and the Kentucky Wildcats (+1800) round out the five teams with the best odds to win the 2021 NCAA championship.

There’s still time to place an NCAA futures bet with the latest college basketball odds. Be sure to read up on how to bet on college basketball and how to bet on games with no fans in attendance. These will be helpful when making your wager.

Now, here are the latest March Madness odds for the top 25 teams on the board to win the 2021 NCAA basketball national championship:

Who will win the 2021 March Madness Tournament?

Odds to Win the 2021 NCAAB Championship
Texas Tech+2200
Michigan State+2200
Florida State+3300
North Carolina+3300
Arizona State+3300
West Virginia+4000
Ohio State+5000

Odds as of November 30 at Bovada

Why Gonzaga Is The 2021 March Madness Odds Favorite

The Gonzaga Bulldogs were always going to remain a top-five team no matter what happened on the opening weekend of college hoops but if you take down a top-10 team like Kansas by double digits, oddsmakers are going to take notice.

The Bulldogs were dominant in their two victories at the Fort Myers Invitational, running past Kansas 102-90 and then toying with Auburn in a 90-67 victory. Gonzaga’s offense was never in question, but in putting up 90 or more points on two teams expected to go far in the March Madness tournament, dominance is the only word that comes to mind.

While the Zags passed their first test, the next level of the college basketball gauntlet comes Saturday when the Bulldogs have to face another top-ranked team in Baylor. The Bears rely heavily on their guard play and will likely go shot for shot with Gonzaga in what should be a track meet.

At this point, you know Gonzaga is likely going to end up with a No. 1 seed in the March Madness tournament so grabbing them at +650 might make sense if you can hold on to a futures ticket until March.

Understanding the Odds to Win the NCAA Tournament

At any college basketball sportsbook, you’ll see NCAA basketball lines and tournament odds laid out like this:

  • Villanova +700
  • Iowa +750
  • Gonzaga +1000

Unlike a straight-up bet where there is a clear favorite represented by the minus sign (-), the team with the lowest odds would be the front-runner. In this case, it’s Villanova and the rest are underdogs even though each team has a plus sign (+) prefacing their odds.

If you were to lay down $100 on the Wildcats, you’d get a payout of $800 – your original money is returned coupled with your winnings of $700.

To see how much you’d win on the futures odds, check out our Odds Calculator. It’ll show you what your payout would be based on the odds and amount wagered.

What is a Futures Bet for College Basketball?

Betting on college basketball lines and a school’s odds to win March Madness is a type of futures bet. This is a bet you can make weeks or even months in advance of a big event. Oddsmakers set the NCAA basketball odds early and look at a team’s past performance, injuries and coaching/roster moves.

The lines are not set in stone and will move as the regular season progresses. If you see odds you like, take them as soon as you can.