Every College Basketball Team's Odds to Win the NIT

Breaking down the odds for every program to win the NIT in the 2023-24 college basketball postseason.

Wake Forest Demon Deacons guard Hunter Sallis.
Wake Forest Demon Deacons guard Hunter Sallis. / Geoff Burke-USA TODAY Sports
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The focus of the college basketball world may be on the 2024 NCAA Tournament, which begins with the First Four on Tuesday night, but there is much more in action in the sport.

The NIT begins on Tuesday as well, with 32 teams competing to show that they deserve a shot in March Madness. While the NIT isn't nearly as big of a deal, it's still a way for college players to showcase their abilities on a national stage in the postseason.

This year, the Wake Forest Demon Deacons are favored to win the NIT, but there are several contenders to consider when betting on this market.

Every Team's Odds to Win the NIT in the 2023-24 Season

Here's a look at the opening odds (via FanDuel Sportsbook) to win the NIT in the 2023-24 season:

  • Wake Forest: +600
  • Ohio State: +700
  • Villanova: +750
  • Indiana State: +900
  • Cincinnati: +900
  • Seton Hall: +1000
  • Butler: +1200
  • Utah: +1400
  • Iowa: +1600
  • Virginia Tech: +2000
  • Princeton: +2200
  • Providence Friars: +2600
  • UNLV: +2900
  • Bradley: +3500
  • UCF: +3500
  • North Texas: +4500
  • Kansas State: +4500
  • Georgia: +5000
  • Xavier: +5000
  • San Francisco: +5500
  • LSU: +5500
  • VCU: +6500
  • Boston College: +6500
  • South Florida: +10000
  • Minnesota: +10000
  • UC Irvine: +10000
  • SMU: +10000
  • Loyola Chicago: +13000
  • Richmond: +13000
  • Appalachian State: +13000
  • Cornell: +25000
  • St. Joseph’s: +25000

Looking to bet on a team to win the NIT? Take advantage of this offer from FanDuel Sportsbook! New users who sign up with the link below and wager $5 will receive $150 in bonus bets -- if their bet wins.

Opening Odds for First Round of NIT

If you're looking to bet on the NIT, which starts on Tuesday night, make sure to take a look at the opening odds for every game.

Using this odds comparison widget, bettors can find the number that is best available to them to make their wager on Tuesday -- and Wednesday -- in the first round of the NIT.


Game odds refresh periodically and are subject to change.