2025 March Madness Odds Report, Betting Trends: Everything You Need To Know

Patrick Everson Sports Betting Expert

4 minute read

March Madness odds for 2024-25 are getting some looks, with the college basketball season surging toward the new year. And there's been a lot of jumbling around in college basketball championship futures the past six weeks or so.

UConn, coming off its second straight national title, had a very bumpy trip to Hawaii and fell a few spots in odds to win March Madness. Perhaps surprisingly, Auburn is your current favorite

Here's everything you need to know about college basketball futures odds: action, line movement and betting trends. Check back regularly for updates on 2025 March Madness odds, and use our BetMGM bonus code to get the most out of your action.

2025 March Madness Odds

Can UConn?

UConn has won the last two NCAA Tournaments, giving it five since 2004, to go along with its first national title in 1999. Last season, the Huskies went 37-3 SU, including 9-0 SU in postseason play.

UConn got out to a 4-0 SU start this season against a few walkovers. But then Hurley & Co. made the trek to the Maui Invitational, which did not go well. Connecticut was a favorite in all three games and lost all three outright.

So seven games in, UConn had as many losses this season as all of last season. Prior to that Hawaii trip, the Huskies were the +900 co-favorites to win another national title. Afterward, they slid back as far as +1600

Now, at 9-3 SU and with some big wins the past two weeks, UConn is the +1500 sixth choice.

"Momentarily, action on UConn slowed," BetMGM trading manager Seamus Magee said. "But since Maui, they've picked up wins over Baylor, Texas and Gonzaga, and the action is starting to heat up again.

"You can't count this team out. There's a lot of new pieces looking to gel, and I think that's what you saw in Maui. But it's hard to say many other teams had a better previous week than the Huskies. Right now, UConn is still a liability on the book."

By "previous week," Magee is speaking more so to the past couple of weeks. In order, the Huskies won at home vs. Baylor, beat Texas on the road, topped Gonzaga on a neutral court and edged visiting Xavier in overtime.

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Trending Teams

Teams at or near the top of the March Madness odds board are almost always going to get attention. At the moment, Magee said that includes Duke (9-2 SU, UConn, Gonzaga (8-3 SU) and current favorite Auburn (10-1 SU).

Auburn is +750, followed by Duke at +900, and Gonzaga is the co-fourth choice at +1400 with Houston. Unbeaten Tennessee (11-0 SU) is the +1000 third choice.

But Magee also pointed to a couple trending teams in the past couple of weeks.

"Florida has seen its odds go from around 60/1 into 20/1 for the national title," Magee said. "We're still a winner on the Gators."

Florida is out of the gate with an 11-0 SU mark, most recently including a 90-84 neutral-site win over North Carolina.

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Michigan (8-3 SU) opened +8000 and shortened to +3500 by Dec. 16. As of Dec. 19, the Wolverines are +5000, after losing neutral-site games vs. Arkansas and Oklahoma.

"Michigan has seen its odds improve after a decent start this year. The Wolverines are another favorable result for the book, as it stands," Magee said.

As far as tickets and money go: Duke, UConn and Kansas are 1-2-3 in both counts. The Jayhawks (8-2 SU) are the +1600 co-seventh choice, joined by Alabama (9-2 SU).

"The main favorites have attracted a ton of the early action on the futures," Magee said. "But right now, the book would be happy to see Kansas, Alabama, Houston or Tennessee win the whole thing."

Flying Under The Radar

Magee pointed to a couple of potential under-the-radar teams perhaps worth a look at this point.

"Oregon has done something this year not many at all can say they have done: beaten multiple SEC teams," he said. "I think in Year 1 in the Big 10, Oregon can be looking at a decently good seed in the NCAA Tournament. And the Ducks look like decent value on the futures boards."

As of Dec. 19, Oregon (10-1 SU) is +4000 in odds to win March Madness. The Ducks, who opened +8000, have neutral-site wins over Texas A&M and Alabama – the two SEC wins Magee noted – as part of a 9-0 SU run to start the season.

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Magee then went to a team he mentioned a month ago: Ole Miss. And you can get an even better price than what was available a month ago. The Rebels (10-1 SU) opened +8000, stood at +8000 in mid-November and were +8000 as of Dec. 16.

But as of Dec. 19, Ole Miss is +10000 (100/1) in BetMGM's NCAA Tournament odds.

"If you're looking for a longer shot, I think Ole Miss has a great chance at making the tournament this year," Magee said. "We know what Chris Beard can do as a head coach. I think this team has a decent chance of making some noise this year.

"The Rebels nearly pulled off a nice upset over Purdue a few weeks ago. I think this team could be a fun one to have in your pocket come March."

In a neutral-site game Nov. 29, Ole Miss was a 3-point underdog vs. Purdue and lost 80-78.

Patrick Everson

Patrick Everson is a senior reporter for VegasInsider. Based in Las Vegas since 1994, he's worked in the sports betting journalism/content space for more than a decade. He's most known for his deep roster of contacts behind sportsbook counters, providing readers and viewers with the ins-and-outs of how events are being bet. He's also a thought leader in the sports betting space, often appearing on or moderating panels at national conferences. More from Patrick Everson