NCAAB Odds for the 2022-23 National Championship

min read
Gonzaga is down a bit from previous years, but it's still present near the top of the college basketball championship odds market.
(AP Photo/Young Kwak)
Chase Kiddy @chaseakiddy Jan 28, 2023, 1:01 PM
  • Houston is currently the favorite in the NCAAB odds market.
  • Some teams, like UConn, are preferred by both bettors and analytics.
  • Virginia, Tennessee and Indiana all offer value down the table.

It feels like Kansas just cut the nets down a few weeks ago, but the calendar never lies. A fresh season of college hoops is finally here. As you can guess, that means the BetMGM online sportsbook has a new table of NCAA basketball odds for those interested in forecasting the 2023 national champion.

Some bettors feel like they were born on the hardcourt; others are always checking their phone when a game is on, always wondering how long a college basketball game is

Regardless of which camp you fall into, establishing an early championship position can be profitable. That can give you additional betting options for later in the season.

College Basketball Futures: NCAAB Odds for the 2022-23 National Championship

SchoolCurrent OddsSummer Odds
Houston+600+2000
Alabama +900+2500
Purdue +900+3000
UCLA +1200+1400
Tennessee +1200+2500
Kansas+1400+1200
Arizona+1400+2000
Gonzaga+2000+1200
Baylor+2000+1400
UConn+2000+6600

College Basketball: RPI Conflicts With Odds

The top contenders in the NCAA basketball championship odds table are mostly unsurprising. The teams in the above table – which are the top ten contenders, according to the market – read like a summary of the projected top seeds in March.

Alabama and Houston look like they might be the two best teams in all of college basketball this year.

Purdue, UCLA and Arizona are all projected as top-3 seeds, according to ESPN’s latest bracketology projections

Gonzaga is a powerful college basketball brands that attract a lot of betting action regardless of seed.

RPI – a deeply flawed metric, to be sure – only agrees with some of these rankings. For example, Kansas and Alabama occupy the top two spots in the RPI metrics.

However, also present near the top of the RPI chart: Nevada (+50000), Florida Atlantic (+25000) and the College of Charleston (+50000).

I’m not even sure why people still look at RPI, to be honest. But if you are one of those people that still trust the system over the newer NET Rankings, you may find an advantage in betting on teams (like UConn) that are favored by both the NCAAB odds market and the RPI system.

NCAAB Odds: National Championship Sleepers for the 2022-23 Season

SchoolCurrent OddsSummer Odds
Texas+2200+4000
Virginia+2200+5000
North Carolina+2500+1400
Xavier+2500+8000
TCU+2500+10000
Kentucky+3500+1000
Arkansas +3500+1000
Iowa State+3500+8000
Kansas State+3500+20000
Duke +4000+800
Saint Mary's+4000+10000
Marquette +4000+10000
Illinois+5000+5000
Creighton+5000+10000

College Basketball: Rankings Include Second Tier of Contenders

Here’s where we see most of the rest of the top 25 represented. It’s also where we consistently see value, year after year, in the college basketball betting landscape.

Virginia, a recent champion, is available at 22-to-1. It plays in a historically powerful conference and has an obvious path to a high seed.

Texas was actually higher in the table but was priced down after Chris Beard was fired.

Iowa State and Kansas State are hard charging up the brutally rugged Big 12 conference rankings.

Xavier and Marquette could be powerful sleepers coming out of the Big East.

It’s worth firing a couple of darts with the teams in this zone. If one of them connects and makes a run to a regional championship, you’ll have some pretty powerful hedge options to guarantee net profit.

Podcast: Want More College Basketball Analysis, Reactions & Trends? 

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You can also listen to it in the web player below.

Live Betting on Basketball Odds

Are you looking for more excitement at the online sportsbook? Live betting on basketball odds is your ticket.

Available for thousands of college basketball games each year, live sports betting allows you to place wagers during games. From tip-off to the final minutes of a Kentucky-Tennessee game, Arizona-UCLA game, or Ohio State-Michigan game, you can bet on the moneyline, browse over/under totals, or build a parlay with spreads.

Visit the sportsbook throughout the season for updated live odds!

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About the Author

Chase Kiddy

Read More @chaseakiddy

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.