National Championship Odds: Arizona Favored to Win March Madness After Reaching Final Four

Two teams have punched a ticket to the Final Four, and two more spots remain heading into Sunday's Elite 8 action. That has shaken up the latest odds to win the NCAA Tournament, as the No. 1-seed Arizona Wildcats have moved to the favorite in the betting market ahead of Sunday's games.
Arizona (+160) and Illinois (+550, fourth in the odds) both won and covered the spread on Saturday night to advance to the Final Four. The Wildcats rallied from a first-half deficit to beat the No. 2 Purdue Boilermakers, showing that they're one of the most-talented teams in the country yet again.
Two more No. 1 seeds have a chance to make the Final Four on Sunday, as the Duke Blue Devils (+330) and Michigan Wolverines (+320) play in the Elite 8. Duke is favored against the No. 2-seeded UConn Huskies whle the Wolverines are heavily favored against the No. 6 Tennessee Volunteers.
As a result, UConn (+1500) and Tennessee (+4000) are viewed as relative long shots in this market. There could be some value in the Huskies, as Dan Hurley's club has won two of the last three national titles and would face Illinois in a potential Final Four matchup if it can upset Duke.
Duke entered the NCAA Tournament as the favorite to win the national title, but Arizona and Michigan have quickly passed the Blue Devils as the top No. 1 seeds in the eyes of oddsmakers. Duke nearly lost to No. 16 Siena in the first round of the tournment, and it hasn't looked nearly as dominant even with Caleb Foster returning in the Sweet 16 win over St. John's.
Depending upon the results of Sunday's games, there's a chance Arizona could fall behind either Duke or Michigan in the odds.
Here's a look at the complete odds to win the NCAA Tournament ahead of Sunday's Elite 8 games.
Latest Odds to Win NCAA Tournament
- Arizona: +160
- Michigan: +320
- Duke: +330
- Illinois: +550
- Connecticut: +1500
- Tennessee: +4000
Odds refresh periodically and are subject to change.
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Peter is a senior editor for Sports Illustrated Betting. He has worked as a writer and editor for BetSided, NBC Sports, the Connecticut Sun and the Meriden Record-Journal covering the NBA, WNBA, NFL, MLB, and more. A New York City resident, he is a hoops fanatic with a soft spot for his New York Knicks.
Follow @peterdewey2