Updated Odds and Prediction for 2023 March Madness

| Last Updated On August 5, 2022 at 11:36 am
Final Four centered with Gonzaga, North Carolina, Texas and Texas Tech logos surrounding

There isn’t much buzz surrounding college basketball as the season doesn’t start for a few months. However, we’ve seen much movement with the 2023 March Madness odds.

Many players entered or withdrew from the NBA draft, while others transferred to a new school. One big move can make a substantial difference.

Kansas defeated North Carolina to win the 2022 National Championship Game. Where does each team stand ahead of the 2022-23 season? Let’s see how the 2023 March Madness betting odds view the top contenders.

Latest 2023 March Madness Odds for Who Wins

We have a familiar face at the top, with Gonzaga opening as the 2023 March Madness favorite over at Bovada. Gonzaga has been close to winning the National Championship, but they haven’t closed the deal.

It’s no surprise to see the usual cast of suspects near the top, but how about Houston? They’re coming off an Elite Eight appearance but have much bigger expectations for 2023. Do you think they can make a run?

Duke and Kansas lost their best player, but they’re ready to make another Final Four run. Duke enters a season without Mike Krzyzewski for the first time since 1979. How will they look with Jon Scheyer on the sideline?

The top NCAAB betting sites are the place to visit for wagering on March Madness. Check them out to make your prediction.

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Why is Gonzaga the Favorite to Win the 2023 Title?

Gonzaga has been on the brink of winning the National Championship for the last six years. They haven’t lost more than five games in a season since 2016. Somehow, Gonzaga has never won a National Championship.

They were facing an uphill battle after losing Chet Holmgren and Andrew Nembhard. However, their odds rose to the top after Drew Timme withdrew from the NBA draft.

Timme had another strong season, averaging 18.4 points and 6.8 rebounds. Fellow starters Julian Strawther and Rasir Bolton also withdrew from the draft. They averaged over 11 points last season.

Perhaps the biggest thing for Gonzaga was landing Chattanooga transfer Malachi Smith. The Southern Conference Player of the Year posted big numbers last season.

gonzaga logo
  • 19.9 Points
  • 6.7 Rebounds
  • 1.7 Steals
  • 40.7% from Three

Smith immediately fills the void left by Nembhard. He should be Gonzaga’s top player alongside Timme.

Gonzaga only landed one top 100 recruit in the 2022 class, but they have a pair of top-five recruits from last year’s class. Holmgren saw the spotlight, but Hunter Sallis and Nolan Hickman should have a bigger role.

It won’t take long to find out if Gonzaga is a serious National Championship contender. Their non-conference schedule includes Baylor, Michigan State, and Alabama. From there, they shouldn’t have an issue with the WCC.

Gonzaga hasn’t been able to cut down the nets, despite lofty expectations. Is this the year they close the deal? Only time will tell.

Top 2023 March Madness Contenders

Gonzaga opens as the 2023 March Madness favorite, but they aren’t as overwhelming as years past. Who can challenge them for the National Championship?

Take a look at Gonzaga’s biggest challengers.

Houston (+850)

Kelvin Sampson has done an excellent job turning Houston into a perennial contender. Sampson has led Houston to four straight appearances in the NCAA Tournament. They have advanced past the first two rounds in three consecutive years.

Last season, Houston made the Elite Eight despite dealing with many injuries. The 2023 March Madness odds have them as the best team outside of Gonzaga.

Baylor and Kansas have represented the Big 12, winning the last two National Championships. The 2022-23 season marks Houston’s first in the Big 12 Conference. That should be a big boost for their National Championship hopes.

Marcus Sasser considered going to the NBA draft but opted to return to Houston. Check out his numbers from the 2021-22 season.

marcus sasser
  • 17.7 points
  • 2.8 rebounds
  • 2.6 assists
  • 2.2 steals
  • 43.7% from Three

Sasser was off to a great start before a toe injury ended his season after 12 games. Houston remained in contention without him. He’s back to lead Houston on their second Final Four run in three years.

Jamal Shead and Tramon Mark will also give Houston’s team a big boost. They’ve been a defensive-minded team in the Sampson era, but this should be their best offensive squad.

We can’t forget to highlight No. 10 recruit Jarace Walker. The 6’7” forward should be a strong force for Houston’s frontcourt.

Houston’s move to the Big 12 will have a bigger impact than people think. The increased competition will only have them more prepared for March Madness. Will they be your 2023 March Madness prediction?

North Carolina (+1000)

North Carolina entered the 2022 NCAA Tournament as a No. 8 seed. People believed they could make a surprise Sweet 16 or Elite Eight run, but nothing more than that. They took it a step further by making the National Championship Game.

North Carolina blew a 15-point first-half lead, losing by three points. This team won’t catch anyone off guard in 2022.

They made the National Championship run on the heels of a dominant starting lineup. Armando Bacot, R.J. Davis, Caleb Love, and Brady Manek had their moments in the 2022 NCAA Tournament.

Manek has moved to the NBA, but North Carolina returns the other three players and Leaky Black. That’ll be a tough group to deal with in 2022.

North Carolina likely won’t be as strong without Manek. Well, that’s what we thought until they added Northwestern transfer Pete Nance. The 6’10” forward offers a similar skillset, averaging 14.6 points on 45.2 percent three-point shooting.

Black is a defensive specialist, but the other players in North Carolina’s starting lineup averaged 13+ points last season. How do you match a team with an All-American caliber frontcourt and backcourt?

North Carolina will have their work cut out for them. The Phil Knight Invitational likely pits them against Alabama, Oregon, and/or Villanova. Not to mention, they face Indiana in the ACC/Big Ten Challenge.

The top March Madness betting sites aren’t offering value for North Carolina like last year. Do you think last year’s performance will carry over to the 2022-23 season?

2023 NCAA Tournament Sleepers to Target


We may not think of Creighton as a National Championship contender, but they should open the season top 10 in the AP Poll.

Ryan Nembhard, Arthur Kaluma, and Ryan Kalkbrenner return after averaging 10+ points last season. The 2023 NBA draft No. 1 pick odds have Kaluma as a contender. Creighton would love to see him take the next step.

South Dakota State transfer Baylor Scheierman gives their offense a big boost. He averaged 16.2 points, 7.8 rebounds, and 4.5 assists on 46.9 percent three-point shooting.

Tennessee enters the 2022-23 season without Kennedy Chandler, but the rest of their roster looks strong. Santiago Vescovi, Josiah-Jordan James, and Zakai Zeigler return to Tennessee’s starting lineup. The unit will also include top prospect Julian Phillips.

Phillips was the No. 13 recruit in the 2022 class. There’s a good chance he becomes the go-to option for Tennessee. Combine that with their top-tier starting lineup, and they could make a National Championship run.

Last season, Texas landed the best transfer in Marcus Carr. Head coach Chris Beard worked his magic again, landing Iowa State transfer Tyrese Hunter. Hunter and Carr should be one of the best backcourts in college basketball.

Texas also landed a pair of five-star recruits, including No. 5 overall Dillon Mitchell. Mitchell’s upside gives him a strong chance to be a 2023 lottery pick.

The Longhorns didn’t live up to the hype as a sleeper last season. Can they make a surprise Final Four run?

Longshot Bets to Consider for 2023

San Diego State+6000
dayton logo

You won’t always have a No. 8 seed making a run to the National Championship, but it’s a good reminder to look at a few long shots. San Diego State and Dayton are my favorite longshots.

San Diego State’s dominant defense allowed the second-fewest points last season. Unfortunately, a weak offense kept them from being a serious contender.

Matt Bradley returns after leading San Diego State with 16.9 points per game. He’ll have help on offense with Seattle transfer Darrion Trammell. He averaged 17.3 points and 5.0 assists last season.

They don’t need an elite offense to be a National Championship contender. San Diego State can be a legit contender if their offense is in the top 50.

Dayton had a similar profile to San Diego State last season. They had an elite defense, but their offense ranked outside the top 200. Obviously, that needs to change if they want to make a surprise run.

Last season, they had one of the youngest rosters in college basketball. Thankfully, they didn’t lose a key contributor to the transfer portal. Another year of experience goes a long way towards becoming a top 25 team.

Dayton had their moments last season, knocking off eventual champion Kansas in an early-season matchup. An inexperienced roster led to inconsistent play.

There’s a decent chance Dayton opens as a top 25 team. A strong frontcourt of DaRon Holmes and Toumani Camara should keep them at the top of the Atlantic 10.

Updated 2023 March Madness Championship Prediction

We should see an exciting 2022-23 college basketball season. Gonzaga has the upper hand, but they aren’t as overwhelming as the last two years. That leaves the door open for everyone else.

My 2023 March Madness prediction has North Carolina winning the National Championship.

North Carolina fell short last season, but they return four starters from last year’s team. Not to mention. Pete Nance fills the void left by Brady Manek.

We have a long way to go before the 2023 March Madness tournament. In the meantime, check out our March Madness betting guide.

Nicholas Sterling
Nicholas Sterling

Nicholas has been a Sports Writer with GamblingSites.com since May 2021. He has a rich sports background, writing about NASCAR, NFL, NBA, MLB, NHL, Golf, etc. Nick is always ready for a new challenge.

He enjoys rooting on D.C. sports teams, including the Commanders, Wizards, and Capitals.

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