March Madness Odds: Gonzaga Given 22% Chance Of Winning Indianapolis Tournament

With it being reported that the 2021 March Madness tournament will be played entirely in Indianapolis, we look at the latest odds
Samuel Farley
Mon, January 4, 11:11 AM EST

It's being widely reported today that the 2021 NCAA Men's Basketball Tournament will be held entirely in Indianapolis.

 

By hosting the tournament in one city it should help protect the tournament from any issues with Covid-19. 

Gonzaga are the favorites for the tournament, with odds of +350 implying a 22% chance that the Zags win their first ever NCAA Men's Basketball Championship. They currently sit with a 10-0 at the top of the Pomeroy rankings.

Baylor are also undefeated and sit second in the KenPom rankings, they're +700 with the books, implying that there is a 12.5% chance that the Big 12 team could claim the trophy come April.

If you're a believer in the KenPom rankings then Wisconsin could offer a value bet, they're fourth in the rankings behind Villanova but are +1500 which gives them longer odds than Iowa, Illinois and Tennessee.

March Madness Betting

Using our exclusive data we can see that over the past 30 days Gonzaga have been the most popular bet with OddsChecker users, a huge 47.25% of bets on the tournament have been on Gonzaga, which indicates just how impressive they've been this year.

Even larger is the percentage of handle which has been wagered on Gonzaga, a massive 66.67% of all bets through OddsChecker have been on Gonzaga!

Besides Gonzaga it's Michigan State who are the next most backed, with 15.38% of bets being on the Spartans who are a 20/1 shot.

March Madness 2021 Odds

Gonzaga +350

Baylor +700

Villanova +900

Iowa +1200

Illinois +1300

Tennessee +1300

Texas +1500

Wisconsin +1500

Creighton +1900

Kansas +1900

West Virginia +1900

Houston +2000

Michigan State +2000

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