2023 NCAA Tournament Champion odds: Houston the betting favorite, Creighton & Texas among sleepers

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Even though it’s July, the college basketball world keeps revolving. After a blue-blood-filled Final Four that saw Kansas claim its first National Championship since 2008 and a Hubert Davis-led North Carolina squad take down Coach K in the National semifinals, the 2023 National Title odds have been posted on multiple sportsbooks for several months.

Can Kansas (+1200) win the 2023 National Title despite losing Ochai Agbaji and Christian Braun to the NBA, or will we see a new champion emerge?

If you’re interested in getting involved in the NCAA Tournament Champion futures markets, Sporting News has you covered. Below, we’ll break down the odds-on favorite and a couple of sleepers and long shots who could win the 2023 National Championship.

2023 NCAA Tournament Champion Odds

Odds courtesy of DraftKings Sportsbook

School Odds
Houston +1000
Gonzaga +1000
North Carolina +1100
Kentucky +1100
Kansas +1200
Duke +1300
Arkansas +1400
Baylor +1500
UCLA +1600
Arizona +2000
Creighton +2500
Michigan +2500
Texas Tech +3000
Tennessee +3500
Indiana +3500
Villanova +4000
Texas +4000
Illinois +4000
Alabama +4000
Auburn +4500
Purdue +4500
Oregon +5000
Florida +6000
Virginia +6000
San Diego State +6000
USC +7000
TCU +7000
Dayton +8000
Ohio State +8000
Michigan State +8000
Xavier +8000
Florida State +8000
UConn +9000
Syracuse +10000
Saint Louis +10000
Notre Dame +10000
Memphis +10000
Seton Hall +10000
Louisville +10000
Wisconsin +10000
Providence +11000
Virginia Tech +12000
Texas A&M +12000
Oklahoma +12000
Miami FL +12000
Iowa +12000
Colorado State +14000
Davidson +15000
Saint Mary's +15000
Maryland +15000
LSU +15000
Colorado +16000
Marquette +16000
Loyola Chicago +18000
VCU +20000
Butler +20000
Kansas State +20000
Arizona State +20000
Oklahoma State +20000
Mississippi State +20000
Iowa State +20000
Wyoming +20000
West Virginia +20000
Wake Forest +25000
BYU +25000
Saint Bonaventure +25000
Drake +25000
Utah State +30000
Vanderbilt +30000
Belmont +30000
Wichita State +30000
Washington State +30000
N.C. State +35000
Washington +40000
Cincinnati +40000
Clemson +40000
Boise State +40000
South Carolina +40000
SMU +40000
Rutgers +40000
St. John's +40000
Ole Miss +40000
Missouri +40000
Utah +50000
Stanford +50000
San Francisco +50000
Richmond +50000
Penn State +50000
Northwestern +50000
Minnesota +50000
Georgia Tech +50000
Georgetown +50000
California +60000
Boston College +60000
Pittsburgh +60000
Oregon State +60000
New Mexico State +60000
Nebraska +60000
Murray State +60000
Georgia Tech +60000
Fresno State +60000

2023 NCAA Tournament Champion Odds: Favorite

Houston Cougars +1000 (implied probability 9.09 percent)

It’s crazy to see a non-blue blood atop the early season National Title odds board, but Kelvin Sampson’s hard-nosed, physical bunch is worthy of being the betting favorites in 2022-23.

Despite losing two of their top guards to season-ending injuries last year (Marcus Sasser, Tramon Mark), it took a historically lousy shooting output for the Cougars to miss out on their second-straight Final Four appearance.

With the Cougars retaining a good deal of production from their Elite Eight core and adding coveted five-star forward Jarace Walker, expect Houston to breeze through the American en route to a high seed, putting it in great position to claim its first National Championship in school history.

2023 NCAA Tournament Champion Odds: Sleepers

Creighton Bluejays +2500 (implied probability 3.85 percent)

After a come-from-behind victory over San Diego State in the Round of 64, a shorthanded Bluejays team gave eventual National Champion Kansas all they could handle in the Round of 32. Their competitiveness with top-seeded Kansas makes you wonder if they would have knocked them out with a healthy Ryan Nembhard (right wrist) running the point and Ryan Kalkbreenner (left knee) defending the paint.

With both Nembhard and Kalkbrenner returning in 2022, the sky’s the limit for Greg McDermott and company with Creighton’s young core having a year of postseason experience under its belt.

Factor in the additions of Baylor Schierman (South Dakota State) and Francisco Farabello (TCU) from the transfer portal, and the Bluejays are a legit National Title contender at +2500.

Texas Longhorns +4000 (implied probability 2.44 percent)

Last year’s version of Texas basketball may have underperformed, but it wasn’t realistic to expect things to go so smoothly in Chris Beard’s first year in Austin.

With go-to guys Timmy Allen (12.1 ppg) and Marcus Carr (11.4 ppg) back for another season, plus the additions of McDonald’s All-American Dillon Mitchell, and ex-Iowa State guard Tyrese Hunter, the 2022-23 Longhorns will be a much more stable entity.

Despite posting the 26th-most efficient offense per KenPom, Beard’s vaunted no-middle defense traveled well, as Texas allowed just 91.6 points per 100 possessions (14th in D-1).

Texas has a chance to secure a high seed in the 2023 NCAA Tournament, giving it a fair shake to win its first National Title.

More NCAA Tournament Champion sleepers to consider: Indiana (+4000); Florida (+6000)

2023 NCAA Tournament Champion Odds: Long shots

TCU Horned Frogs +7000 (implied probability 1.41 percent)

TCU took top-seeded Arizona to the limit in the Round of 32, falling 85-80 in overtime thanks to a legendary performance from Benedict Mathurin (30 points).

Jamie Dixon’s program returns all five starters from a team that took down Kansas at home and lost by just four points at Allen Fieldhouse. Mike Miles and Eddie Lampkin are energy bugs who can do enough to lead TCU to six straight wins in the NCAA Tournament format.

TCU’s tough to keep off the offensive boards, leading the country in offensive rebound percentage (37.9 percent) a season ago. Take a shot on the Horned Frogs to make history in 2023.

Memphis Tigers +10000 (implied probability 0.99 percent)

Memphis gave all Gonzaga all they could handle in the Round of 32, falling 82-78, ending the Tigers' hopes for a Cinderella-esque tournament run a season ago.

The Tigers lost a good deal of production from last year’s NCAA Tournament team, but they fared well in the transfer portal, inking Kendric Davis (19.4 ppg) from SMU and Emmanuel Akot (10.6 ppg) from Boise State to shore up the losses of Jalen Duren and Lester Quinones, among others.

Memphis gets an opportunity to bolster its seed line with two regular-season games against Houston, and it could very well make a run in next year’s NCAA Tournament.

More NCAA Tournament Champion long shots to consider: Washington State (+30000); St. John’s (+40000)

Author(s)
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Nick Musial is an editorial intern at The Sporting News