The 2022 college basketball season and NCAA Tournament have come and gone, and national title odds for 2023 have settled in as we head into the summer.

Kansas and North Carolina played for the national title this past season, but it's Kentucky (+1000) favored at Caesars Sportsbook to cut down the nets in 2023. The Wildcats signed the No. 8 and No. 11 players in the 2022 recruiting class, and star big man Oscar Tshiebwe has already announced his return.

Duke actually opened as the favorite right after the Final Four at +750. But college basketball national title odds can be fickle and volatile in the offseason since even a single impact recruit, transfer, or NBA Draft departure can have such a big impact. So don't think we'll head into next season with the odds looking exactly like this.

So it's Kentucky at the top, followed by UCLA, UNC, Kansas and Arizona. Duke and Gonzaga are a little further down the board at +1600 and +1800 as they try to replace so many key pieces from last year's rosters.

One team not in the top five on the odds board at Caesars is Houston. But the Cougars are actually the favorite at DraftKings and FanDuel and the only team with single-digit odds.

Odds via Caesars, updated in real-time.

1. Kentucky Wildcats (+1000)

John Calipari took a different approach to team building last offseason, using mainly the transfer portal over his typically heavy recruiting approach.

It didn’t work in the Wildcats’ favor in 2021-22, though. Despite being labeled as one of the favorites to win the national title, the Wildcats were shockingly bounced in the first round of the NCAA Tournament by No. 15 Saint Peter’s.

Looking ahead to 2023, the true outlook for the Wildcats is dependent on whether Player of the Year Oscar Tshiebwe returns or not.

2. North Carolina Tar Heels (+1200)

What a year it was for Hubert Davis in his debut season as the Tar Heels' head coach. The former UNC player downed Duke in the regular-season finale and ended Mike Krzyzewski's career with a Final Four victory.

After reaching the national championship as an 8-seed last season, expectations remain high. North Carolina has the second-shortest odds to win the national title in 2023.

The Heels' roster features a number of star upperclassmen, including Armando Bacot, Brady Manek and Leaky Black. It will be interesting to see what the lineup looks like in Chapel Hill when November rolls around.

3. UCLA Bruins (+1200)

UCLA made a miracle run to the Final Four in 2021, then took UNC down to the wire in the Sweet 16 in 2022. Had they gotten by the Tar Heels, the Bruins had a chance to make a real run, as their bracket had been decimated by upsets.

4. Arizona Wildcats (+1400)

Arizona rebounded from a disastrous end to the Sean Miller era quickly, as Gonzaga assistant Tommy Lloyd took over and led the Wildcats to a 33-4 mark and No. 1 seed in the NCAA Tournament, their first top seed since the 2014 tourney. They bowed out to an underseeded and hyper-talented Houston team in the Sweet 16.

Star freshman Bennedict Mathurin is off to the NBA Draft where he'll be a lottery pick, but Arizona has plenty of talent returning and should feel great about the direction of the program. 

5. Kansas Jayhawks (+1500)

After years of high expectations, Ochai Agbaji finally broke through this season, averaging nearly 19 points per game and guiding Kansas to a share of the Big 12 regular-season title.

That success carried over into the postseason, as the Jayhawks looked unstoppable on their way to the national title game.

Turning the page to 2023, KU will lose Agbaji and David McCormack but will likely have Christian Braun and Jalen Wilson back. Also, don’t forget about the three five-star recruits that will be welcomed in Lawrence this offseason.