March Madness odds: NCAA tournament favorites entering Sweet 16

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Tickets have been punched for the Sweet 16 as the Men's NCAA Tournament wrapped up the opening rounds on Sunday night. While there were plenty of bracket-busting upsets, the headliner of the weekend was No. 1 Florida falling to No. 9 seed Iowa, creating an unexpected group heading off to next weekend.

The oddmakers still favor one team, though, with several perennial basketball powers following closely behind the top spot.

Which teams are the current favorites to end the NCAA tournament as champions?

Here are the March Madness odds as the NCAA tournament moves into the Sweet 16…

16. Texas Longhorns


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NCAA tournament odds: +25000

15. Alabama Crimson Tide​


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NCAA tournament odds: +10000

T-13. Iowa Hawkeyes​


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NCAA tournament odds: +6600

T-13. Tennessee Volunteers​


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NCAA tournament odds: +6600

T-11. Nebraska Cornhuskers


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NCAA tournament odds: +4000

T-11. Arkansas Razorbacks​


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NCAA tournament odds: +4000

T-9. Michigan State Spartans​


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NCAA tournament odds: +3000

T-9. St. John's Red Storm​


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NCAA tournament odds: +3000

8. UConn Huskies​


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NCAA tournament odds: +2800

7. Iowa State Cyclones​


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NCAA tournament odds: +1700

6. Illinois Fighting Illini​


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NCAA tournament odds: +1400

5. Purdue Boilermakers​


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NCAA tournament odds: +1200

4. Houston Cougars​


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NCAA tournament odds: +700

3. Duke Blue Devils​


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NCAA tournament odds: +425

2. Arizona Wildcats​


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NCAA tournament odds: +325

1. Michigan Wolverines


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NCAA tournament odds: +300

This article originally appeared on The List Wire: March Madness look at NCAA tournament favorites ahead of Sweet 16

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