March Madness Championship Odds: These 8 Types of Teams Have Won Every Year Since 2004

March Madness Championship Odds: These 8 Types of Teams Have Won Every Year Since 2004 article feature image
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Since 2004, teams with these two characteristics have won the tournament in every season. That's 20 championships all wrapped up under these two simple advanced metrics.

  • The team needs to be in the top 40 in adjusted offensive efficiency (AdjO)
  • The teams needs to be in the top 22 in adjusted defensive efficiency (AdjD)

This season, eight teams fit the bill:

  • UConn
  • Houston
  • Purdue
  • Arizona
  • Tennessee
  • Auburn
  • North Carolina
  • Marquette

March Madness Championship Odds to Win NCAA Tournament

TeamOdds
UConn+370
Houston+550
Purdue+700
Arizona+1200
North Carolina+1700
Tennessee+1700
Iowa State+2000
Auburn+2200
Creighton+2500
Marquette+2500
Duke+3000
Kentucky+3000
Baylor+3500
Illinois+3500
Alabama+4000
Kansas+4500
Gonzaga+5000
BYU+6000
Wisconsin+6000
Florida+6500
Michigan State+6500
Saint Mary's+6500
San Diego State+7500
Texas Tech+8000
Texas+10000

All other teams are greater than 100-1. Odds as of March 19 and via FanDuel.

This list looks eerily similar to a similar trend that I wrote about that involved a third variable: adjusted efficiency margin (AdjEM). Effectively, that means the difference between AdjO and AdjD: the bigger the difference the better a team was.

When adding that metric, you knock out the 2011 and 2014 UConn Huskies from the list, with their AdjEM not up to snuff. Those two Jim Calhoun-led teams are the only anomaly in this follow up trend study.

The overlaps between the two lists are stark, though.

UConn, Houston, Purdue, Arizona, Tennessee, Auburn and North Carolina all jibe on both lists.

The discrepancy is between adding Iowa State (No. 55 in AdjO) or Marquette (too low of an AdjEM).

I'm personally wagering on all nine schools to win it all this season, in the hopes that one (or several) of the teams outside of UConn, Houston or Purdue make a deep run. I can then hedge accordingly based on my risk tolerance and softer, qualitative factors down the line.

Of course, these datasets aren't end-all-be-alls. In general, past performances cannot predict future outcomes — they can only provide data that helps shape an overall mosaic.

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Daniel Preciado
Apr 28, 2024 UTC