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A general view of signage during the 2021 NCAA Final Four semifinal between the UCLA Bruins and the Gonzaga Bulldogs at Lucas Oil Stadium in Indianapolis, Indiana. Photo by Jamie Squire/Getty Images via AFP.
A general view of signage during the 2021 NCAA Final Four semifinal between the UCLA Bruins and the Gonzaga Bulldogs at Lucas Oil Stadium in Indianapolis, Indiana. Photo by Jamie Squire/Getty Images via AFP.

The Connecticut Huskies are getting the shortest odds to reach the Final Four by the latest college basketball odds from our best March Madness betting sites.

With chaos and unpredictability central to the 2023-24 college basketball season, it can feel nearly impossible to accurately predict the eventual March Madness winner. It's slightly less daunting to wager on which teams will reach the Final Four.

As expected, the reigning champion Connecticut Huskies - who remain the favorites by our March Madness odds - are getting the shortest odds to reach this year's semifinals in Phoenix. Right behind them are Purdue and Houston, with both of those schools trading at +200 or shorter across our best sports betting sites.

Of course, anything can happen with a month to go before the NCAA Tournament, let alone all the chaos we can expect during March Madness.

Here's a look at the latest 2024 March Madness Final Four odds, along with our college basketball picks among the favorites, contenders, and long shots.  

March Madness Final Four odds 2024

(Odds updated Feb. 21)

TeamDraftKingsFanDuelCaesarsbet365
Connecticut+110 +110+135 🔥+120 
Purdue+160 +180 🔥+170+160 
Houston+200+180+180+200
Arizona+250 +240 +190 ❄️+275 🔥
Tennessee+300 +300 +260 ❄️+275 
Auburn+380+440 🔥+350 ❄️+375 
North Carolina+400 +430 🔥+350 ❄️+375 
Iowa State+425+400 ❄️+650 🔥+550
Alabama+420 +430 +450 🔥+400 ❄️
Kansas+450 ❄️+500 +475+500

March Madness Final Four favorite 2024

Connecticut (+135 via Caesars)

It shouldn't surprise anyone to see UConn trading as the "favorite" in this market, given that the Huskies are also getting the shortest odds to win it all.

Connecticut is the only team among the consensus top-15 options in this market that reached last year's Final Four, which came after a pair of first-round exits for Dan Hurley's squad. Another Final Four run seems far likelier for this year's group, which owns an elite offense with talented scorers galore.

There's obviously risk in betting on a Final Four appearance for any team at such a short price, especially with a month left before March Madness. If there's any squad that deserves an early wager, though, it's UConn.

March Madness Final Four odds: Contender

Purdue (+180 via FanDuel)

Can the Boilermakers exorcise their tournament demons and advance to the Final Four for the first time since 1980? The furthest this team has gone under Matt Painter was an Elite Eight berth in 2019, but it hasn't advanced past the Sweet 16 since.

Of course, Purdue suffered arguably the most embarrassing loss in NCAA Tournament history in 2023 while falling to No. 16 seed Fairleigh Dickinson. That defeat still hangs over this program, even as it hurtles toward another top seed in 2024.

Don't let that loss overshadow how dangerous this year's team is with star center Zach Edey - the runaway favorite by our Wooden Award odds - leading the way once again. I'd be shocked if he's erased in this year's tournament like last year. And watch out if he's making a nightly impact.

March Madness Final Four odds: Long shot

Iowa State (+650 via Caesars)

When betting into a market like this one, it can be as valuable to bet into numbers as is to wager purely on teams. And these +650 odds via Caesars are too juicy to ignore.

Iowa State was a legitimate long shot for much of 2023-24, but the Cyclones have hung around with the top teams in the Big 12 while working their way into a top-six spot in the latest AP Poll. That's earned the respect of our best sportsbooks, which are pricing this group at 25/1 or shorter to win the title across the board.

Most are featuring Iowa State's Final Four odds around +450 to +550. But the folks at Caesars seem to be asleep at the wheel here with a Final Four price that implies 26/1 title odds - even as the Cyclones are trading at 22/1 through Caesars itself.

I like this team's Final Four outlook in general, but this number makes the bet even more appealing.

March Madness Final Four odds movement

We've seen some shuffling from our best sports betting apps on the top contenders in this market, with each team suffering a shocking road upset.

The latest came Tuesday when UConn fell to rival Creighton in a top-15 duel, though the Huskies remain the favorites atop this market. Purdue and Houston have seen their odds move quite a bit in this market, too. But each school remains entrenched in the top spots on the oddsboard.

We could see a handful of teams move into the top 10 over the final month of the season, especially if a squad gets hot during conference tournament time.

Recent March Madness winners

YearTeamPreseason odds
2022-23UConn+8000
2021-2022Kansas+1400
2020-2021Baylor+800
2019-2020Canceled 
2018-2019Virginia+1350
2017-2018Villanova+2700
2016-2017North Carolina+1900
2015-2016Villanova +2500
2014-2015Duke+900
2013-2014Connecticut +6500
2012-2013Louisville+700

March Madness Final Four betting analysis

When betting on Final Four odds at this relatively "early" stage, your best approach is to find outlier values across our March Madness betting sites.

For example, Iowa State is dealing as short as +400 to reach the Final Four, but the Cyclones have +650 odds at Caesars. That's the type of bet worth making with a month to go before March Madness, if only to grab outlier value before it's gone.

It's also a great time to bet on long-shot prices for teams that have the pieces for a potential deep run, even if they don't profile as a typical champion. Remember, you don't need to bet on the eventual winner in this market - they just need to win four of six possible games to reach the Final Four.

Editor's note: With North Carolina sports betting set to launch on March 11, check out our best North Carolina betting apps and the best North Carolina sportsbook promos! 21+ and present in NC. Gambling Problem? Call 1-800-GAMBLER

March Madness betting odds pages

March Madness FAQs

Who is the March Madness Final Four favorite?

The Connecticut Huskies are the consensus betting favorites (+135) to reach the Final Four during 2024 March Madness.

Who won March Madness last year?

The UConn Huskies defeated the San Diego State Aztecs, 76-59, to win the 2023 NCAA Tournament.

When does March Madness 2024 start?

Selection Sunday will take place on Sunday, March 17, four days before the tournament tips off with the First Four on Tuesday, March 19. The first round with a full 64-team bracket begins on Thursday, March 21.

When will March Madness be decided?

The 2024 national championship game will take place on Monday, April 8.

Where will the 2024 Final Four be played?

The 2024 Final Four and national championship game will be held inside State Farm Stadium in Phoenix, AZ.

Here are our best March Madness betting sites:

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* Bonuses not applicable in Ontario.

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