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Final Four 2026 Betting Preview: Odds, Favorites, and Sleepers

Dan Hurley Connecticut Huskies
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The clock has struck 12 on Cinderella, and the NCAA Tournament has narrowed down its possible champions to just four: Illinois, UConn, Michigan and Arizona.

The Elite Eight delivered on the hype. Arizona came alive in the second half to defeat Purdue behind strong play from freshmen Koa Peat and Brayden Burries. Illinois knocked off Big Ten rival Iowa to advance to its first Final Four since 2005. Michigan rolled to a 33-point win over Tennessee. And to cap it all off, UConn overcame a 19-point deficit to upset No. 1 overall seed Duke, with freshman Braylon Mullins sinking a 35-footer as the final seconds ran off the clock.

We’re now left with two championship-caliber games that will determine who meets in the tournament final. Illinois gets UConn in a matchup that few saw coming. Michigan takes on Arizona in what may well be one of the best Final Four matchups of all time. Both sides of the bracket promise the kind of spectacle that makes the latter stages of March Madness so memorable. 

We’ve seen buzzer-beaters and giants go down. Now, as the tournament heads to Indianapolis, it’s time for the best of the best to go head-to-head and determine who will cut down the nets when it’s all said and done. 

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NCAA Tournament Championship Odds

NCAA Tournament odds are current as of Monday, March 30.

Per Bovada:

  • Michigan Wolverines (+175)
  • Arizona Wildcats (+180)
  • Illinois Fighting Illini (+425)
  • UConn Huskies (+550)

Per BetOnline:

  • Michigan Wolverines (+160)
  • Arizona Wildcats (+180)
  • Illinois Fighting Illini (+425)
  • UConn Huskies (+600)

Per BookMaker:

  • Michigan Wolverines (+165)
  • Arizona Wildcats (+174)
  • Illinois Fighting Illini (+408)
  • UConn Huskies (+591)

Oddsmakers seem to believe that the eventual champion will be the winner of Michigan vs. Arizona. They opened at equal +175 to win the title, but recent movement has favored the Wolverines. There’s consensus in the order of remaining teams.

On the other side, it’s tough to ignore the value presented by both Illinois and UConn. The Illini have faced a relatively easy path, defeating teams with 14, 11, 2 and 9 seeds, respectively, but they’ve looked dominant every step of the way. The Huskies have scrapped, but they’re still standing after downing significant title threats in Michigan State and Duke. Who’s to say they can’t keep the run alive?

No. 3 Illinois (-2.5) vs. No. 2 UConn

Illinois opened as a slight favorite over UConn, ranging from -2 to -2.5 on the spread. The Fighting Illini played in a more difficult conference this season (the Big Ten made up half of the Elite Eight), but one could argue that the Huskies have the most impressive win of the NCAA Tournament thus far. Duke wasn’t quite playing like the No. 1 overall seed, but they earned that position for a reason.

It really only makes sense to pick either of these teams to win the title if you also believe they’ll win this Final Four matchup, so let’s make the case for both sides.

Why Illinois beats UConn: The Fighting Illini don’t just have the best offensive rating of the remaining teams – they rank No. 1 in the nation. Despite that, it’s been this team’s defense that’s propelled them to the Final Four, as they’ve held opponents to just 59.8 points per game through the first four rounds. Illinois is one of the country’s most elite shooting teams from 3-point range, it ranks inside the top 10 in defensive rebounds allowed and its opponents attempt just 12.3 free throws per game – the lowest mark in the nation. The Fighting Illini are clean, efficient and dominant in the areas that matter most this time of year.

Why UConn beats Illinois: There’s a general rule that you shouldn’t underestimate UConn in March. The Huskies won the national title in 2023 and 2024, and they were bounced by eventual champion Florida in 2025. Now, they’re back in the Final Four with a handful of players who have already won one or more championships under Dan Hurley. Their superior experience and coaching has helped them get this far in the tournament, and it’ll take that top-tier level of guidance to return to the championship game. UConn makes smart plays and never gets too high or too low, which was crucial in its 19-point comeback against Duke. 

The play: The UConn moneyline is priced at +115 by both Bovada and BetOnline. The Huskies’ ability to overcome adversity, as well as their combined experience at this stage of the tournament, makes them a strong value play. If you’re a believer in Hurley’s squad, now is the time to back the UConn moneyline – and perhaps take a flier on them to win March Madness at +600 while you still can.

No. 1 Michigan (-1.5) vs. No. 1 Arizona

Michigan opened at -1.5 ahead of its showdown with Arizona, and it would be surprising to see much movement from here. Oddsmakers across the board essentially view this as a toss-up, and I’m inclined to agree.

These teams are flat-out powerhouses, and they’ve shown that throughout the season. Arizona has lost just two games by a combined margin of seven points. Coincidentally, the losses were suffered consecutively. Michigan has dropped three games – none by more than eight points – and has scored at least 90 points in all four NCAA Tournament games.

There’s no right answer here, so let’s try to make sense of each team’s strengths and uncover some value.

Why Michigan beats Arizona: Michigan has largely looked unstoppable throughout March Madness, averaging over 95 points per game against Howard, Saint Louis, Alabama and Tennessee. Arizona will be their toughest test yet, and it would be shocking to see them hang another 90-point performance on the Wildcats’ second-ranked defense. Then again, they may not need to in order to survive: The Wolverines rank No. 1 in defensive efficiency, per KenPom. Offensively, Michigan also places inside the top six in field goal percentage, 2-point percentage, defensive rebounds and assists. This is a juggernaut in every sense of the word, and it’s going to take a monumental effort to bring this team down. 

Why Arizona beats Michigan: Much like the Wolverines, the Wildcats can win games in a multitude of ways. They’re a hair better than Michigan on offense and only slightly worse on defense, but the difference is marginal in both regards. Their roster is less experienced than Michigan’s, but does that matter when their freshmen have been playing this well? Brayden Burries and Koa Peat are stars, and senior guard Jaden Bradley – also the Big 12 Player of the Year – is showing up when it matters most on both ends of the floor. Arizona also led an impressive comeback of its own against Purdue, trailing 38-31 at halftime before outscoring the Boilermakers 48-26 over the final 20 minutes en route to a 79-64 victory. 

The play: In a relatively split decision, the Arizona moneyline is probably the best play on the board at +115. These teams have looked equally invulnerable, and the current championship odds suggest that either one of them would be a sizable favorite in the title game. Bovada and BetOnline both list the Wildcats at +180 to cut down the nets, so if you’re feeling Arizona, consider backing them at either sportsbook.

Final Four Betting Takeaways

When teams are this evenly matched, the underdog can often be your best bet. That’s because the “underdog” in both scenarios has all the markers of a genuine national title contender. 

Michigan and Arizona have easily been the tournament’s strongest, most consistent teams, so if there’s one bet to suggest above them all, it’s Arizona to win the title at +180. The Wildcats opened on equal footing with the Wolverines at +175, but recent movement favors Michigan. Take advantage of the early adjustments and grab Arizona before things even back out.