2027 National Championship Odds: Duke, Michigan, Headline Odds to Win March Madness

The 2026-27 NCAA Tournament is in the books, and the Michigan Wolverines are your National Champions for the first time since 1989!

In the world of sports betting, we don't take time off before looking into the odds for next season. As soon as the final buzzer sounds, bettors are diving into next year's odds to try to find an edge.

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DraftKings Sportsbook has already released odds to win next year's National Championship. Of course, freshman signings and transfer portal acquisitions still need to be sorted out, so rosters are going to look significantly different by the time of the opening tip next season, but that doesn't mean we can't dive into the odds.

Let's take a look.

2027 College Basketball National Championship Odds

Duke +800
Michigan +1200
Florida +1400
Arizona +1500
Michigan State +1600
Kansas +1600
Illinois +1800
Houston +1800
Arkansas +1800
UConn +2000
Texas Tech +2200
Alabama +2200
North Carolina +2500
Purdue +3000
BYU +3000
St. John's +3500
Kentucky +3500
TCU +4000
Iowa State +4000
Gonzaga +4000
UCLA +5000
Tennessee +5000
Missouri +5000
Iowa +6000
Virginia +6000
Villanova +6000
Vanderbilt +6000
USC +6000
Texas +7500
Miami +8000
Louisville +8000
Auburn +8000
Wisconsin +8000
Texas A&M +10000
Stanford +10000
Marquette +10000
Baylor +10000

Duke opens as the +800 favorite, despite not advancing past the Elite Eight this season. Duke is filled with freshmen, including the Boozer brothers and Dame Sarr. If those guys return for next season, it's easy to see why they'd be favorites to get over the hump and win the National Championship.

Michigan is second on the odds list at +1200, while UConn comes in 10th on the odds list at +2000.

There are a few surprises atop the odds list, with the majority of them being teams that went on a deep run this season. One team that's surprisingly low on the list is the Iowa State Cyclones. They were one of the best teams in the Big 12 this season and were set as a 2-seed in the NCAA Tournament. Two of the best players on their starting lineup were seniors this season, Joshua Jefferson and Tamin Lipsey, so you can understand why they likely missed their championship window this season.

We're going to monitor how the National Championship odds are throughout the offseason. Before we know it, the first game of the 2026-2027 season will be here.

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Odds refresh periodically and are subject to change.

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