Duke's the Favorite for '27 and Michigan Is Right On Their Heels
The Michigan Wolverines just won their second national championship in program history, and yeah, the oddsmakers like their chances to repeat. But here's the thing: Duke is the favorite to win it all in 2027, sitting at +800 odds according to DraftKings. Michigan is second on the board at 12-1, which actually tightened from 16-1 when the market opened over the weekend. The Wolverines' dominant title run apparently convinced some bettors they're worth the shorter odds.
The Blue Bloods Are Still the Blueprint
Duke improved from 10-1 to their current favorite status in that same stretch, which tells you something about how the market views these traditional powerhouses. Fellow 1-seeds from this year's tournament, Florida and Arizona, are right there in the conversation at 14-1 and 15-1 respectively. Kansas and Michigan State both sit at 16-1, which makes sense given their pedigree. Even UConn, despite reaching three of the last four national championship games with two wins, finds themselves 10th on the board at 20-1.
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Here's what's wild: bookmakers aren't totally confident about anything right now. Johnny Avello, the DraftKings Sportsbook director, told ESPN that with the transfer portal and player financial incentives in the mix, these early odds rely more on reputation and speculation than concrete roster information. They're basically betting on teams that have been competitive in recent years and probably have decent guys coming back.
Michael Ranftle, BetMGM's senior trader, confirmed it. They're taking a conservative approach, basing odds on expected rosters and factoring in the usual power conference heavyweights. The result? Some interesting mid-tier teams creeping into the conversation. Arkansas (18-1) and BYU (30-1) are getting attention after moderate success. Recent Final Four teams like Illinois and Houston (both 18-1) sit alongside the traditional blue bloods.
The 2027 NCAA tournament odds are set, but don't be shocked if these numbers shift dramatically once transfer portal moves shake out and roster clarity emerges.
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