In typical March Madness fashion, the 2023 tournament’s first and second rounds were wild. The first major upset was epic -- as 15th-seeded Princeton stunned No. 2 seed Arizona in the South Regional. That game shocked many college basketball experts, since the Wildcats had played so well throughout the season.

In an even bigger and more historic moment, No.1 Purdue lost its East Regional opener to No. 16 FDU – becoming just the second No. 16 seed in history to beat a No. 1. As former Wisconsin star Sam Dekker told Betway: “FDU over Purdue was basketball’s David vs. Goliath. Truly, in every sense possible. It was the greatest tournament upset of all time, and it will be hard to ever top it.”  

Last weekend’s final game took place Sunday in the West Regional, where the No. 3 Gonzaga Bulldogs rallied from 10 points down to beat No. 6 TCU and reach their eighth straight Sweet 16. This kind of excitement is what March is all about, and the tournament’s first four days did not disappoint.

Looking ahead to the Sweet 16, we have updated the NCAA Men’s National Championship odds, courtesy of Betway Sportsbook.

Who are the favorites to win March Madness?

In a recent exclusive interview with Betway, former NBA and NCAA champion Quinn Cook said he expects to see “Alabama beating Houston in the national championship game.” These two No.1 seeds -- the only two left in the tournament -- are the March Madness future betting favorites (Alabama +350, Houston +400).

We also asked Dekker to share his Sweet 16 predictions. “I think Houston looks like the real deal, but Drew Timme wins games, and Gonzaga is poised to win a championship,” Dekker said. “One of these years, they've got to do it. Is this the year they slay the dragon and reach the promised land? We'll see.” (Gonzaga +1000)

Heading into the Sweet 16 games, here are the surviving teams’ current odds to win the 2023 national championship:

Current Odds to win March Madness heading into Sweet 16 Round

Alabama +350
Houston +400
UCLA + 800
UConn +900
Texas +900
Creighton +1000
Gonzaga + 1000
Tennessee +1100
Kansas State +2500
Michigan State +2500
Arkansas +3300
Xavier +3300
Florida Atlantic +4000
San Diego State +4000
Miami (Fl.) +5000
Princeton +20000

Odds are subject to change*

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