NCAA Tournament and National Championship Odds

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02 April 2023

NCAA Tournament and National Championship Odds

With Hailey Van Lith joining an already-loaded LSU program, can the Tigers repeat as defending champs in 2024?

Photo By - USA TODAY Sports

A new college basketball season has arrived and March Madness odds are back in play for the Women's division following an incredible showdown between Angel Reese and Caitlin Clark in last season's National Championship.

With Reese and Clark returning to their respective programs and the defending champion LSU Tigers having added even more star power college basketball odds to win the 2024 Women's NCAA Tournament.

Odds to win Women's March Madness

Odds as of November 3, 2023.

Favorite to win March Madness

LSU (+230)

Angel Reese helped put the LSU Tigers on the map last year by getting the last laugh over Caitlin Clark in last year's National Championship. And with a new season set to begin, the Tigers are to be feared even more this time around.

The Tigers got even stronger during the offseason, adding All-ACC point guard Hailey Van Lith and 2022 Big East Freshman of the Year Aneesah Morrow through the transfer portal.

With Reese, Van Lith, and Morrow spearheading a Tigers team that went 34-2 last season and ended up winning it all, the SEC's best are not only eyeing cutting down the nets once again... but doing so in undefeated fashion.

UConn (+600)

A powerhouse program that rattled off four consecutive titles from 2013-2017, the UConn Huskies are unsurprisingly among the top favorites heading into the 2023-24 campaign.

Despite being upset in the Sweet Sixteen by Ohio State last season, the Huskies are back with a vengeance and boast a formidable lineup led by floor general Nika Muehl and star forward Aaliyah Edwards.

Iowa Hawkeyes (+800)

Following a 31-7 season which included a 15-3 record in conference play, Caitlin Clark and the Iowa Hawkeyes put women's basketball on notice by upsetting South Carolina in the Final Four, ending the Gamecocks' 42-game win streak.

Clark became a two-time Unanimous All-American last season and was named the 2023 AP Player of the Year, finishing first in both scoring and assists.

Despite falling short in the National Championship against LSU and losing All-Big Ten power forward Monika Czinano to the WNBA, Clark & Co. certainly have a chip on their shoulder and will remain a force to be reckoned with.

Best Women's March Madness bonuses

Looking to bet on Women's March Madness action? Here are two of the best bonuses* available:

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best March Madness promotions for 2023.
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Women's March Madness Key Dates

Understanding March Madness futures odds

Sportsbooks will post odds for the NCAA women's basketball championship as early as the summer before the season starts. These odds are constantly adjusted throughout the offseason as players get hurt, suspended or are traded. Once the season begins in November, title odds will change as often as daily as teams win and lose games and as players get hurt or suspended. Sportsbooks will also adjust the March Madness futures odds based on handle and liability to certain teams.

March Madness futures odds will usually look like this:

Indiana Hoosiers +800

This means that on a $100 bet, you'll stand to win $800 if the Hoosiers win the NCAA women's basketball title. If it's close to the end of the regular season or even during the tournament and college basketball has a very dominant team, you might see that a team is has a minus sign (-) ahead of its odds.

South Carolina Gamecocks -165

This means that you would need to bet $165 to win $100 on a South Carolina championship.

Above we have posted the American odds for March Madness futures. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.

How to bet college basketball futures

Learning how to successfully bet on March Madness is one of the hardest things to do in sports betting. The lose-and-go-home format and the fact that a school needs to win six straight games against quality opponents means that the favorites don't always take home the title.

Another factor that comes into play is that the tournament bracket isn't set until Selection Sunday. As the college basketball season winds down, you can be pretty sure that the big favorites will slide into the bracket as top seeds. But for teams in the middle of the pack, nothing is certain.

As always when betting futures odds, be sure to look into injuries and suspensions. You might find some current value in a team that is expecting to get a key player back before March Madness begins.

Where to bet on Women's March Madness

If you're in a state that allows mobile, or online betting, make sure you know which sites are the best March Madness betting sites. Great betting sites offer sharp odds, quick payouts and are safe and secure when it comes to depositing and withdrawing your money.