2022-23 NCAA Men’s Basketball Championship Opening Betting Odds, and Pick

The 2023 NCAA Division I Men’s Basketball Tournament will be held at NRG Stadium in Houston and will tip off on Tuesday, March 14 with the First Four with the 68-team March Madness Tourney kicking into high gear on Thursday, March 16 with the Round of 64.

It will be the 84th annual tournament and will be the fourth time Houston—the fourth-largest city in the US—hosts the Final Four, so fours will be running wild from the First Four to the Final Four although only two teams will play on Monday, April 2, 2023.

2023 NCAA Championship Futures Odds Online Already

The four regional sites will be Madison Square Garden (NYC), the KFC Yum Center (Louisville), T-Mobile Center (Kansas City, MO) and T-Mobile Center (Paradise, NV). One day in 2099 maybe, all arenas on Earth and on Mars will be named “T-Mobile.”

The Final Four will be held on Saturday, April 1 at NRG Stadium in Houston—home of the NFL’s Texans—and CBS, TBS, TNT and TruTV will handle the TV duties once again in 2023 with Westwood One having exclusive Radio coverage of the 2023 NCAA Tournament.

Kansas rallied from 15 points down at Halftime and just defeated North Carolina in the 2022 MCAA Men’s Championship Game at the Caesars Superdome in New Orleans while Baylor upset Gonzaga in the 2021 NCAAB Championship Game in Indianapolis.

THIS 💪😤 pic.twitter.com/Vest7keMLs

— Kansas Men’s Basketball (@KUHoops) April 6, 2022

Opening odds for the 2023 NCAA I Men’s Basketball Tournament are out and different online basketball sportsbooks have opened with at least two different favorites (Duke, Kansas), depending on where you look. BetOnline has Duke, MyBookie has Kansas (both at 10/1).

Looking at the final NCAAB ATS Trends for the 2021-22 season, Home Teams were 2,608-2,757-110 ATS (51.4%) with Road teams 2,757-2,608 (48.6%). Favorites were 2,614-2,751-111 ATS (48.7%) with Underdogs going 2,751-2,614-111 ATS (51.3%).

Home Favorites were 1,808-1,951-81 ATS (48.1%) in 2021-22 while Home Underdogs were 800-806-30 (48.1%) in the 2021-22 NCAA Basketball season with Road Favorites going 806-800-30 ATS (50.2%) and Road Underdogs at 1,951-1,808-81 (51.9%).

In non-OT, non-Push games, the Over was 2,458-2,641 (48.2%) with the Under going 2,641-2,458 (51.8%). In OT games, the Over was 267-40 (87%) and in all games the Over was 2,735-2,682 (50.5%) and the Under 2,682-2,735 (49.5%) for the NCAAB season.

Here are the opening 2022-23 NCAA Division I Men’s Basketball Championship winner odds from online sportsbook MyBookie, and as you can see, 2022 national champions Kansas are the oddsmakers favorites at 10/1 with Arkansas and Duke both opening 12/1.

2023 NCAA Men’s DI Men’s Basketball Champion Odds

• Kansas Jayhawks +1000
• Arkansas Razorbacks +1200
• Duke Blue Devils +1200
• Houston Cougars +1400
• Kentucky Wildcats +1400
• North Carolina Tar Heels +1400
• UCLA Bruins +1400
• Arizona Wildcats +1600
• Baylor Bears +1600
• Gonzaga Bulldogs +1800
• Texas Longhorns +2000
• Alabama Crimson Tide +2800
• Michigan Wolverines +2800
• Texas Tech Red Raiders +2800
• Villanova Wildcats +2800
• Tennessee Volunteers +3300
• Oregon Ducks +4000
• Auburn Tigers +5000
• Creighton Bluejays +5000
• Illinois Fighting Illini +5000
• Michigan State Spartans +5000
• Purdue Boilermakers +5000
• Florida State Seminoles +7000
• Ohio State Buckeyes +7000
• Texas Longhorns +7000
• TCU Horned Frogs +7000
• USC Trojans +7000
• Virginia Cavaliers +7000
• Colorado State Rams +8000
• Connecticut Huskies +8000
• Dayton Flyers +8000
• Notre Dame Fighting Irish +8000
• San Diego State Aztecs +8000
• Saint Louis Billikens +9000
• Iowa Hawkeyes +10000
• Louisville Cardinals +10000
• Miami (Florida) Hurricanes +10000
• Providence Friars +10000
• Wisconsin Badgers +10000
• Davidson Wildcats +12000
• Florida Gators +12000
• Indiana Hoosiers +12000
• Iowa State Cyclones +12000
• Oklahoma Sooners +12000
• Saint Mary’s Gaels +12000
• Syracuse Orange +12000
• Xavier Musketeers +12000
• Boise State Broncos +15000
• Iona Gaels +15000
• Kansas State Wildcats +15000
• Loyola Chicago Ramblers +15000
• Marquette Golden Eagles +15000
• Memphis Tigers +15000
• Oklahoma State Cowboys +15000
• Ole Miss Rebels +15000
• Bonaventure Bonnies +15000
• Texas A&M Aggies +15000
• Virginia Tech Hokies +15000
• Wake Forest Demon Deacons +15000
• Wyoming Cowboys +15000

NCAA Men’s Basketball Champions 2000-2022

• 2022—Kansas Jayhawks
• 2021—Baylor Bears
• 2020—Not held (COVID-19)
• 2019—Virginia Cavaliers
• 2018—Villanova Wildcats
• 2017—North CarolinaTar heels
• 2016—Villanova Wildcats
• 2015—Duke Blue Devils
• 2014—Connecticut Huskies
• 2013—Louisville Cardinals
• 2012—Kentucky Wildcats
• 2011—Connecticut Huskies
• 2010—Duke Blue Devils
• 2009—North Carolina Tar Heels
• 2008—Kansas Jayhawks
• 2007—Florida Gators
• 2006—Florida Gators
• 2005—North Carolina Tar Heels
• 2004—Connecticut Huskies
• 2003—Syracuse Orange
• 2002—Maryland Terrapins
• 2001—Duke Blue Devils

Duke, Kansas, Zags to Lose Players in the 2022 NBA Draft

Gonzaga was the Preseason No. 1 in the rankings in 2020-21 and 2021-22 as well as being the No. 1 seed in the NCAA Tournament the past two seasons, but with Chet Holmgren headed to the NBA Draft and Drew Timme undecided, 2023 may be tougher for the Zags.

And despite a Final Four spot in Coach Krzyzewski’s last season at Duke and the top High School recruiting class in the land, the Blue Devils will also see three pretty good players heading to the NBA in the Draft in Paolo Banchero, AJ Griffin, and Wendell Moore.

But with No. 1 prospect Derck Lively, No. 2 Kyle Filipowski, and No. 5 Dariq Whitehead, new Duke Head Coach Jon Scheyer has some big (two Centers and a Small Forward) headed to Durham and will look to keep Cameron Indoor Stadium crazy as it has been.Defending national champions Kansas (10/1 to win 2023 NCAA Championship, MyBookie) will see 2022 NCAA Tournament Most Outstanding Player Ochai Agbaji heading to the NBA along with David McCormack and maybe Remy Martin.

Jayhawks Head Coach Bill Self always gives players a week off at the end of the season to think about what they want to do and many experts have March Madness MOP Agbaji a Top 3 pick so Kansas may have to rebuild around G’s Dajaun Harris and Bobby Pettiford.

The Jayhawks did land Gatorade National Player of the Year Gradey Dick and fellow McDonald’s All-Americans MJ Rice and Ernest Udeh as well as Zuby Ejiof for 2022-23 but if Agbaji, McCormack, and Martin all declare, then many big sneakers to fill in Lawrence.

Ochai Agbaji (@youngoch) is your 2022 #FinalFour Most Oustanding Player! 🙌#NationalChampionship pic.twitter.com/Cq5xQFJ1FH

— NCAA March Madness (@MarchMadnessMBB) April 5, 2022

Kentucky (14/1) may see 2022 Wooden Award and 2022 National Player of the Year winner Oscar Tshiebwe (17.4 ppg, 15.1 rpg) return to Lexington for HC John Calipari and the Wildcats with recruits Chris Livingston and Cason Wallace also joining Big Blue.

“I’ve been praying about it,” he said when asked what he’ll do next season. “And I know I have a big decision to make. … It would be great to be in blue again,” Tshiebwe told CBS in an interview during the Final Four after his Wildcats were eliminated by Saint Peters.

“Because I love the place, I love the fans, I love everything about Kentucky. But whatever decision God has told me to do, that’s what I’m gonna do.”

So Calipari will have athletes in Lexington as always but will he be able to navigate the SEC and 2023 NCAA Tournament?

Arkansas (12/1) had the No. 2 ranked 2022 Recruiting Class and this oft-overlooked SEC school has very underrated Baseball and Basketball programs and the Razorbacks could actually win both the 2023 Men’s DI Baseball and Basketball titles if all goes well.

Razorbacks Head Coach Eric Musselman will see No. 6 (ESPN) Nick Smith, No. 10 Jordan Walsh, No. 20 Anthony Black, No. 70 Derrian Ford, No. 75 Barry Dunning, and No. 89 Joseph Pinion all heading to Fayetteville in the Fall to all ply their basketball wares.

.@JonRothstein asked Oscar Tshiebwe if he is coming back to @KentuckyMBB next season.

This was his response ⬇️ pic.twitter.com/FPzsZK4xPX

— CBS Sports Network (@CBSSportsNet) April 3, 2022

With the Jayhawks come-from-way-behind victory over the Tar Heels in The Big Easy, a Power Six Conference team has won the NCAA Basketball championship the last 31 seasons since UNLV (Big West) won it all with Stacey Augmon and Larry Johnson in 1990.

So remember when betting NCAA Basketball Futures, side with a team from a PowerSix Conference—ACC, Big East, Big Ten, Big 12, SEC, or Pac-12—if you are seriously trying to win some money and/or maybe have to or want to hedge off of your Futures wagers.

If betting recreational, or just to “have action” or on your team, then no big deal. Enjoy the ride. There’s nothing wrong with getting five months’ entertainment-worth on a $5 or $10 Futures bet on Loyola-Chicago when a cup of Starbucks® is $7.16. Enjoy both maybe?

And anyone who bet Saint Peters (Elite Eight), those Ramblers (150/1 to win 2023 NCAA Championship) and Sister Jean, or Iowa State (120/1) certainly got their money’s worth and all three may be fun rides from November to March again. But winning in April 2023?

So now is the best time to do some “Offseason homework”—although there is really no Off-season in Sports Futures markets—as these are the best prices we will see all year and every single team on the betting board has double-digits odds … for the time being.