March Madness 2023: Odds On 1 School Winning Men's & Women's Titles
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A total of 25 schools are represented in the NCAA Men’s and Women’s Basketball Tournaments this week. Considering there are more than 300 potential schools that vie for just 68 spots in each bracket, that is no small feat.
The ultimate goal for any university, of course, is to win a March Madness national championship. But why stop there? How about winning two national championships in a single year?
As the college basketball futures odds reflect, it’s way easier said than done.
The Connecticut Huskies have the best odds of any athletic program to win both the men’s and women’s national championship this year, at just 170-to-1 odds if you parlay their men's odds to win (+1800, 18/1) with their women's odds to win (+800, 8/1).
Only two other programs are better than 2,000-to-1 to take both crowns, the Indiana Hoosiers and Texas Longhorns.
It’s highly unlikely, but not impossible. The instance has happened twice in NCAA Division I history. Ironically, it was by the same school, and by this year’s favorite. Connecticut won both the 2004 and 2014 men’s and women’s championships.
Down in Texas, retailer Academy Sports + Outdoors has said it will donate up to $1 million to any university that secures both the men's and women's champion titles this year. With UConn the most likely to achieve the feat, they'll have a close eye on the Huskies' first-round matchup against Iona on Friday (men's bracket) and Vermont on Saturday (women's bracket).
Here are the odds for each school that has teams in both NCAA Tournament fields.
| Team | Men's Title Odds | Women's Title Odds | Combined Odds | Implied Prob. |
| Connecticut | 18/1 | 8/1 | 170/1 | 0.58% |
| Indiana | 50/1 | 10/1 | 560/1 | 0.18% |
| Texas | 14/1 | 60/1 | 914/1 | 0.11% |
| Tennessee | 25/1 | 80/1 | 2105/1 | 0.05% |
| Alabama | 6/1 | 300/1 | 2256/1 | 0.04% |
| Duke | 35/1 | 75/1 | 2735/1 | 0.04% |
| Iowa | 150/1 | 18/1 | 2868/1 | 0.03% |
| Gonzaga | 14/1 | 200/1 | 3014/1 | 0.03% |
| Arizona | 14/1 | 200/1 | 3014/1 | 0.03% |
| UCLA | 10/1 | 300/1 | 3310/1 | 0.03% |
| Iowa State | 70/1 | 75/1 | 5395/1 | 0.02% |
| Maryland | 150/1 | 50/1 | 7700/1 | 0.01% |
| Creighton | 40/1 | 200/1 | 8240/1 | 0.01% |
| Marquette | 20/1 | 400/1 | 8420/1 | 0.01% |
| Purdue | 10/1 | 1000/1 | 11100/1 | <0.01% |
| Baylor | 25/1 | 500/1 | 13025/1 | <0.01% |
| West Virginia | 80/1 | 500/1 | 40580/1 | <0.01% |
| Miami (FL) | 100/1 | 1000/1 | 102000/1 | <0.01% |
| USC | 200/1 | 1000/1 | 203000/1 | <0.01% |
| Mississippi State | 600/1 | 400/1 | 241000/1 | <0.01% |
| Drake | 600/1 | 500/1 | 301100/1 | <0.01% |
| NC State | 300/1 | 1000/1 | 304000/1 | <0.01% |
| Iona | 1000/1 | 10000/1 | 1020000/1 | <0.01% |
| Princeton | 5000/1 | 400/1 | 2009000/1 | <0.01% |
| Vermont | 3000/1 | 10000/1 | 3040000/1 | <0.01% |
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