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March Madness Betting Odds – NCAA Favorites 2021

Now that the Super Bowl has come and gone, the sports betting focus is now on college basketball with the NCAA Tournament starting in just over a month.

March Madness is the second biggest sporting event each year, and it will bring in plenty of betting action.

Here is a quick look at the top bets for March Madness and a look at which teams could possibly cut down the nets in March.

Favorites to Win NCAA Tournament

  • Gonzaga Bulldogs +280
  • Baylor Bears +320
  • Michigan Wolverines +900
  • Villanova Wildcats +900
  • Illinois Fighting Illini +1400
  • Iowa Hawkeyes +1600

* Odds listed at DraftKings Sportsbook

The NCAA Tournament is always hard to predict, but there are two teams that are clearly favored heading into this event. The Gonzaga Bulldogs and Baylor Bears are both undefeated at this time, and they appear to be on a collision course to meet in the NCAA Championship Game.

The Big Ten is the best conference in the country this season, and three of the league’s best are also considered strong betting favorites this season. The Michigan Wolverines (+900), Illinois Fighting Illini (+1400), and Iowa Hawkeyes (+1600) all seem to have what it takes to win the title.

Villanova is a perennial power, and it is also listed at +900. Other teams can easily make a run at the championship this season, but these six teams appear to be the best options at this time.

You won’t see many “blue-blood” programs in the NCAA Tournament this year as most of the elite programs are having a rough 2020-21 season. With COVID-19 still affecting live sporting events, the 2021 NCAA Tournament could be more unpredictable than ever.

Types of NCAA Tournament Bets

Making a futures bet, like the one outlined above, is one of the most popular bets to make on March Madness, but that is not the only option. Betting on each game of the NCAA Tournament is also extremely popular, and here are a few of the types of bets that will be available:


A moneyline bet is one of the easiest bets to make, as you are simply placing a bet on which team will win each game. Betting on the underdog can result in a big payday, and there will be plenty of upsets in the NCAA Tournament.


A spread bet is one of the two most popular to make on college basketball games, which involves betting on the outcome in terms of the final spread. You can actually place a bet on a losing team with a spread bet as long as they keep the final score within a certain range.


A totals bet is another popular option in college basketball where the focus is not on the winner or loser. Instead, a bet is made on the total number of points scored, and you simply choose over/under based on the betting line.

Prop Betting

Prop betting options will be available for the entire NCAA Tournament as well as for each game. Prop betting is a fun and exciting form of betting that has become extremely popular in the United States.

The top sportsbooks will have both individual and team prop betting options available. A few examples of this type of betting includes:

Will any player score 40+ points in an NCAA Tournament Game?
Will a double-digit seed reach the Final Four?

Happy Betting!

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