The first weekend of the 2025 NCAA Tournament has come and gone, with sixteen teams still in the hunt to win a national championship.
Despite the tournament lacking its usual drama, we’ve still been treated to an awesome bracket, and there’s an argument that pretty much every team in the field has a shot at winning this thing.
But, as Vegas has proven time and again, there are favorites for a reason. All four No. 1 seeds are still dancing, and every team left is from a Power conference.
BetMGM recently updated its odds for the winner of March Madness, and with four Big 12 teams still in the race, the league has plenty of reason to be excited about the second weekend of action.
Here’s how they stack up as of today:
2025 National Championship Odds (BetMGM)
- No. 1 Duke (+225)
- No. 1 Florida (+350)
- No. 1 Houston (+500)
- No. 1 Auburn (+525)
- No. 2 Tennessee (+1600)
- No. 2 Alabama (+1800)
- No. 2 Michigan State (+2000)
- No. 3 Texas Tech (+2000)
- No. 4 Maryland (+3300)
- No. 4 Arizona (+4000)
- No. 3 Kentucky (+5500)
- No. 4 Michigan (+6600)
- No. 4 Purdue (+6600)
- No. 6 BYU (+6600)
- No. 6 Ole Miss (+8000)
- No. 10 Arkansas (+10000)
Houston leads the Big 12 with the third-best odds of winning the title, coming in at +500 ahead of their tilt against Purdue on Friday night. The Cougars rolled past SIU Edwardsville in the first round and prevailed in an Elite-Eight level game against Gonzaga this past weekend.
Texas Tech is tied for the seventh-best odds to win the tournament, coming in at +2000 alongside No. 2 seed Michigan State. The Red Raiders took down UNC Wilmington and Drake to get to the Sweet 16 and will face No. 10 Arkansas on Thursday evening.
Arizona was the final Big 12 team to punch their ticket to the Sweet 16 with a late-night victory over the Oregon Ducks on Sunday. The Wildcats have the ninth-best odds of winning a national championship (+4000) and will face No. 1 seed Duke on Thursday.
Finally, the BYU Cougars come in tied for the 12th-best odds to win a title, with +6600 odds alongside No. 4 Michigan and No. 4 Purdue. BYU has been shooting as well as anyone in the tournament and is coming off a 91-89 win over Wisconsin in the Round of 32. The Cougars will face No. 2 Alabama on Thursday in Game 1 of the Round of 16.
