Duke's shocking near first-round upset caused their championship odds to plummet from +360 to +425, clearing the path for Arizona (+340) to emerge as the new title favorite. Michigan sits just behind at +370 after their dominant win against Howard, though they disappointed bettors by failing to cover the 30.5-point spread.

Houston and Illinois both received boosts to their futures after impressive opening day performances. The Cougars now sit at +950 while the Fighting Illini check in at 18-1, as bettors rewarded the teams for exceeding expectations in their tournament debuts against lower-seeded opponents.

Florida's championship odds lengthened slightly from +750 to +800, making room for several other teams' improved prospects. Purdue and UConn maintained their 25-1 position as two of the most-backed teams in the futures markets. All odds are courtesy of DraftKings Sportsbook, which will continue adjusting as the tournament progresses.