March Madness Odds 2027: Florida Surges to Top of the Board
Florida leads the 2027 March Madness odds at +600, followed by Duke at +650. UConn is next at +1200, with Illinois at +1300.
Michigan State and Arizona are tied at +2000, while Texas and Louisville sit at +2200 ahead of their season openers.
March Madness Live Odds 2027
March Madness opening odds
Odds via FanDuel.
| Team | Odds | Implied probability |
|---|---|---|
| Duke | +700 | 12.5% |
| Michigan | +800 | 11.1% |
| Arizona | +1200 | 7.7% |
| Florida | +1300 | 7.1% |
| Houston | +1400 | 6.7% |
| Michigan State | +1500 | 6.3% |
| Connecticut | +1600 | 5.9% |
| Kansas | +1600 | 5.9% |
| Arkansas | +2000 | 4.8% |
| Illinois | +2000 | 4.8% |
| North Carolina | +2200 | 4.3% |
| Vanderbilt | +2500 | 3.8% |
| Gonzaga | +2500 | 3.8% |
| Texas Tech | +2500 | 3.8% |
| St. John's | +3000 | 3.2% |
| Virginia | +3000 | 3.2% |
| Iowa State | +3000 | 3.2% |
| Kentucky | +3000 | 3.2% |
| Alabama | +3000 | 3.2% |
| Louisville | +5000 | 2.0% |
| Purdue | +5000 | 2.0% |
| BYU | +5000 | 2.0% |
| Tennessee | +5000 | 2.0% |
| Miami | +5000 | 2.0% |
March Madness odds history
| Year | Team | Preseason odds |
|---|---|---|
| 2025-26 | Michigan | +2500 |
| 2024-25 | Florida | +6000 |
| 2023-24 | UConn | +2000 |
| 2022-23 | UConn | +8000 |
| 2021-22 | Kansas | +1400 |
| 2020-21 | Baylor | +800 |
| 2019-20 | Canceled | |
| 2018-19 | Virginia | +1350 |
| 2017-18 | Villanova | +2700 |
| 2016-17 | North Carolina | +1900 |
| 2015-16 | Villanova | +2500 |
| 2014-15 | Duke | +900 |
| 2013-14 | Connecticut | +6500 |
| 2012-13 | Louisville | +700 |
March Madness FAQs
Who is the March Madness 2027 favorite?
Duke and Michigan are the 2027 March Madness odds favorites. The Blue Devils' (+700) and Wolverines' odds (+800) imply a better than 11% probability they'll win the NCAA Tournament, according to our odds calculator.
Who won March Madness this season?
Michigan beat UConn 69-63 in the 2026 NCAA Tournament to win March Madness.
When is the 2027 national championship game?
The 2027 NCAA Tournament's national championship game will be on April 5, with the Final Four on April 3. Both will be hosted at Ford Field in Detroit.
When does the 2027 NCAA Tournament start?
Selection Sunday for the 2027 NCAA Tournament is Sunday, March 14, 2027, with the First Four games slated for March 16 and 17, and the first round on March 18 and 19.
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