Current Team Odds to Win the 2012 March Madness Tourney

Updated March 15, 2012

The Team odds shown below are set by bovada sportsbook. You can visit them to place a bet on any of the teams listed below:

2012 Odds to Win NCAA Tournament

Here are current odds on which team will win the NCAA tournament. This is called a Basketball Futures bet and it can be found at the bottom of the Basketball betting lines in the Sports section of Bovada. You will have to bet on your team before the start of the NCAA Tournament.

Below you will also find the current team odds to win the 2012 March Madness tournament.

Frequently Asked Questions:

Q.  What does ML or Money line mean?
A.  A money line bet is one without a traditional line or a spread.  Your choice must win or the bet is lost. 

Q.  How do you read these lines?
A.  All money lines are read by either of the following ways:
    1. +XXX - In terms of how much you would win if you bet $100 (the + says if you bet $100 you would win XXX)
    2. -XXX - In terms of how much you have to bet to win $100 (- says you have to bet XXX to win $100)

If the number is negative, then that team is the favorite.  If no numbers are negative, as we can see below in our March Madness tournament odds, then the smallest "+" number would be the favorite.

Q.  Do I get my original bet back?
A.  Yes.  If the odds were +250 and you bet $100, you would win $250 plus your original 100.

Q.  I don't want to bet $100 on a team to win the NCAA Men's Basketball Tournament.  Do I have to?
A.  No.  Many places will let you play for as low as a dollar.  Many have a cap on how much you can wager on a team.  You can divide the money line number by 100 and see what the value is per $1.  250/100 = 2.5 to 1.  Win $2.50 for every $1. 

2012 Odds to Win Tournament Region

South Region

West Region

East Region

Midwest Region

2011 Odds to Win NCAA Tournament

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