After opening at No. 7 in the preseason AP Top 25, Michigan has surged to a 13–0 start, winning 10 straight games by double digits and emerging as the favorite in the latest March Madness and college basketball odds.
As the regular season heats up in January, here’s an updated look at the National Championship odds.
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March Madness odds
Michigan Wolverines | |
Arizona Wildcats | |
UConn Huskies | |
Duke Blue Devils | |
Houston Cougars | |
Iowa State Cyclones | |
Purdue Boilermakers | |
Gonzaga Bulldogs | |
Florida Gators | |
Illinois Fighting Illini |
Odds as of 1-4-2026.
March Madness betting splits
Highest ticket percentage:
• Michigan 11.7%
• Duke 9.2%
• Purdue 8.6%
Highest handle percentage:
• Michigan 15.3%
• Purdue 10.2%
• UConn 8.9%
All data courtesy of BetMGM.
March Madness 2026 schedule
Selection Sunday | March 15 |
First Four | March 17-18 |
First Round | March 19-20 |
Second Round | March 21-22 |
Sweet 16 | March 26-27 |
Elite Eight | March 28-29 |
Final Four | April 4 |
National Championship Game | April 6 |
Popular March Madness markets
Past March Madness winners
2025 | Florida | +8000 | Houston |
2024 | Connecticut | +1100 | Purdue |
2023 | Connecticut | +1600 | San Diego State |
2022 | Kansas | +2000 | North Carolina |
2021 | Baylor | +800 | Gonzaga |
2020 | No tournament (COVID-19) | N/A | N/A |
2019 | Virginia | +1800 | Texas Tech |
2018 | Villanova | +1200 | Michigan |
2017 | North Carolina | +2400 | Gonzaga |
2016 | Villanova | +2000 | North Carolina |
2015 | Duke | +1000 | Wisconsin |
March Madness trends
• Of the 20 teams that have entered the tournament with undefeated records, only seven have gone on to win the national championship.
• Only 13 teams successfully defended their national championship the following season.
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• UCLA has the most NCAA titles of all time (11), although the Bruins have not won the tournament since 1995.
• A No. 1-seeded team has won the national championship 59.6% of the time since regional seeding was introduced in 1979.
This article originally appeared on Covers.com, read the full article here

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