College Basketball National Championship Odds 2024: Best bets, values to consider during conference play

2024-01-04
8 min read
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College basketball season is in full swing. Conference play is underway, and March will be here before we know it. That means it's a perfect time to study up on the updated 2024 National Championship futures market, potentially dishing out a portion of your bankroll on some CBB futures.

The top-ranked Purdue Boilermakers have the best odds coming off last year's first-round exit at the hands of 16th seeded Farleigh Dickinson. Can Matt Painter's team exorcise their NCAA Tournament demons and claim their first National Championship in school history?

Apart from the top-ranked Boilermakers, there are numerous schools with the potential to make a deep run in this season's tournament, offering bettors the chance to capitalize on longer odds.

Let's take a look at the current National Championship odds market, highlighting five schools with intriguing title odds on BetMGM who could make a run this March.

2024 Men's College Basketball National Championship Odds: Top 75

For a full list of 2024 Men's National Championship odds, check out BetMGM!

School Odds
Purdue +800
Arizona +1100
Houston +1100
Connecticut +1500
Kansas +1500
Marquette +1500
Tennessee +2000
BYU +2000
Duke +2500
Kentucky +2500
Alabama +2500
Michigan St. +3000
Creighton +3000
Baylor +3000
FAU +3000
North Carolina +3500
Auburn +3500
Memphis +4000
Texas A&M +5000
Oklahoma +5000
Gonzaga +6000
San Diego St. +6000
Iowa State +6000
Wisconsin +6000
Florida +6000
Miami (FL) +8000
Villanova +8000
Ohio State +8000
Illinois +8000
St. Mary's-30 +8000
Colorado +8000
Mississippi State +8000
Utah +8000
Colorado St. +8000
Clemson +8000
Ole Miss +8000
Arkansas +10000
Texas +10000`
TCU +10000
Oregon +10000
Texas Tech +10000
Wake Forest +10000
New Mexico +10000
Cincinnati +10000
UCLA +12500
USC +12500
Virginia +12500
Kansas St. +12500
Maryland +12500
St. John's +12500
Northwestern +12500
Nebraska +12500
Michigan +15000
Providence +15000​​​​​​
Iowa +15000
Seton Hall +15000
NC State +15000
Virginia Tech +15000
Stanford +15000
LSU +15000
Butler +15000
Washington +15000
Xavier +20000
Indiana +20000
Oklahoma St. +20000
Missouri +20000
Syracuse +20000
Pitt +20000
Nevada +20000
Boise St. +20000
Georgia +20000
James Madison +20000
Rutgers +25000
Washington St. +25000
Vanderbilt +25000

2024 Men's College Basketball National Championship Odds: Best bets, values

Purdue +800 (implied probability 11.11 percent)

The aforementioned Boilermakers look like the team to beat this season, sitting at 12-1 with their lone loss coming in a rough 17-turnover showing at Northwestern in early December.

Despite that lone hiccup, Painter's crew is well on their way to claiming a No. 1 seed come Selection Sunday, already notching wins over Gonzaga, Tennessee, Marquette, Alabama, and Arizona to bolster their resume. Purdue is 7-1 in quad one and two games, as the Big Ten favorite's got as good of a chance as ever to cut down the nets in Houston this spring.

Reigning National Player of the Year and current NPOY frontrunner Zach Edey continues to dominate his opposition, but the steady play of sophomore guard Braden Smith might be the difference in a deep tournament run.

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Kentucky +2500 (implied probability 3.85 percent)

John Calipari has one of his most offensively gifted squads during his time in Lexington, as his team boasts the nation's second-best three-point scoring rate per KenPom (41.6 percent), while also taking care of the basketball (fourth in turnover rate).

Kentucky looks like the team to beat in the SEC, and a top-two seed in the bracket is beyond feasible. Sure, his team's lack of experience in playing March basketball (323rd in minutes continuity) could come back to bite them, but with several guards capable of creating off the bounce (Reed Sheppard, Rob Dillingham, Antonio Reeves, D.J. Wagner), nobody will want to face Cal's team in the single-elimination format.

Memphis +4000 (implied probability 2.44 percent)

Calipari's former school has an outside chance of returning to the game's biggest stage, as Penny Hardaway's got his best team yet. Led by a veteran-laden backcourt of Jahvon Quinerly and David Jones, this Memphis team plays with pace and has a knack for getting to the foul line.

Memphis' hard-nosed defense figures to make it challenging for opposing offenses in the NCAA Tournament setting, and although they've struggled on the defensive glass, if they can shore up their rebounding issues on that end of the floor, we could see a deep run from Hardaway and company.

Wisconsin +6000 (implied probability 1.64 percent)

Bettors need to take Greg Gard's Badgers' bunch seriously, as his experienced (ninth in minutes continuity) and disciplined group looks like a vintage Bo Ryan squad. The Badgers are executing the swing offense to a tee, ranking 16th in KenPom's adjusted offensive efficiency metric (117.7 points scored per 100 possessions).

Wisconsin's deliberate pace could frustrate teams unfamiliar with their style of play in the tournament, as the Badgers are in no hurry to hoist shots up early in their offensive possessions (19.4 seconds per possession; 346th in D1).

The addition of St. John's transfer AJ Storr gives Wisconsin a guard capable of breaking defenses down off the bounce, while the steady shooting of junior Max Klesmit gives them a legitimate perimeter threat. Add in the high IQ play of Chucky Hepburn, Tyler Wahl, John Blackwell, Carter Gilmore, and Steven Crowl, and you have a sneaky team that could bust some brackets.

Wake Forest +10000 (implied probability 0.99 percent)

Steve Forbes' ability to embrace the transfer portal gives the Demon Deacons a real opportunity to not only make the NCAA Tournament for the first time since 2017, but also compete for a trip to the second weekend.

Guards Kevin "Boopie" Miller (Central Michigan) and Hunter Sallis (Gonzaga) can flat out score the rock, while big man Efton Reid (Gonzaga) provides steadiness down low. It's another down year for the ACC as a whole, but Wake Forest should ultimately make the field of 68, adding an intriguing layer to its 100-1 price tag.