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NCAA Tournament, Final Four and Naismith Award Odds Updated

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Who's favored to make the Final Four, win the title and claim the Naismith Award?

It won't be long until the 2016 NCAA Tournament begins with 68 teams vying for a spot in the Final Four to compete for the NCAA National Championship.

Since the college basketball regular season began, we've seen Final Four favorites like Maryland, Duke and Iowa fall down the standings as their odds of winning a title have shrunk. This time last month, those three were among the favorites to cut down the nets at the end of this year's Big Dance.

Slowly but surely climbing back up the standings has been Kentucky, who now has the fourth-best odds to win this year's championship. Kansas and Michigan State are now tied for the best odds to win the title, followed by North Carolina, UK, and then a tie between Oklahoma and Xavier.

Say what you will about the Cats' struggles, but there's no question this is a dangerous team with John Calipari on the bench and Derek Willis back in the starting lineup by the time tournament play opens.

Here's a look at the fully-updated NCAA Championship odds, courtesy of Bovada:

School Feb. 4 Odds Current Odds
Kansas Jayhawks 12/1 5/1
Michigan State Spartans 12/1 5/1
North Carolina Tar Heels 6/1 9/1
Kentucky Wildcats 20/1 10/1
Oklahoma Sooners 15/2 12/1
Xavier Musketeers 20/1 12/1
Villanova Wildcats 16/1 14/1
Virginia Cavaliers 25/1 14/1
Duke Blue Devils 14/1 20/1
Maryland Terrapins 11/1 20/1
Iowa Hawkeyes 12/1 25/1
Wisconsin Badgers 200/1 25/1
Miami-Florida Hurricanes 28/1 28/1
Arizona Wildcats 33/1 33/1
California Golden Bears 100/1 33/1
Indiana Hoosiers 33/1 33/1
Iowa State Cyclones 25/1 33/1
Oregon Ducks 40/1 33/1
West Virginia Mountaineers 28/1 33/1
Wichita State Shockers 25/1 33/1
Purdue Boilermakers 25/1 40/1
Texas Longhorns 33/1 40/1
UConn Huskies 40/1 50/1
LSU Tigers 33/1 66/1
Providence Friars 40/1 66/1
Texas A&M Aggies 28/1 66/1
Utah Utes 200/1 66/1
Notre Dame Fighting Irish 150/1 75/1
Baylor Bears 150/1 100/1
Dayton Flyers 200/1 100/1
Pittsburgh Panthers 150/1 100/1
Syracuse Orange 50/1 100/1
Vanderbilt Commodores 100/1 100/1
Gonzaga Bulldogs 100/1 150/1
USC Trojans 100/1 150/1
Butler Bulldogs 100/1 200/1
Florida Gators 100/1 200/1
Michigan Wolverines 100/1 200/1
St. Mary's 150/1 200/1
VCU 200/1 200/1
Cincinnati Bearcats 250/1 250/1
South Carolina Gamecocks 150/1 250/1
Valparaiso 150/1 250/1
Ohio State Buckeyes 300/1 300/1
San Diego State 500/1 300/1
BYU 500/1 500/1
Chattanooga Off the Board 500/1
Colorado Buffaloes 200/1 500/1
Florida State Seminoles 300/1 500/1
Georgetown Hoyas 250/1 500/1
Marquette Golden Eagles 300/1 500/1
St. Joseph's (PA) Off the Board 500/1
UCLA Bruins 150/1 500/1
UNLV 300/1 500/1
Washington Huskies 200/1 500/1
Boise State Broncos 500/1 Off the Board
Memphis Tigers 500/1 Off the Board

Now that we've seen the championship odds, here's a look at the favorites to just make it to the Final Four, per ESPN.

One must note that these odds are based on the most recent ESPN Bracketology, but they do give us a good idea of which teams have decent odds of making it to the Final Four.

Now that we know which teams are favored to win the title, which players are still in contention for the prestigious Naismith Player of the Year Award?

The latest odds from Bovada suggest there are just four teams still legitimately in the running for the award:

Name

School

Odds

Buddy Hield

Oklahoma

1/3

Denzel Valentine

Michigan State

5/2

Grayson Allen

Duke

10/1

Ben Simmons

LSU

15/1

Oklahoma's Buddy Hield is still the significant favorite, but Michigan State's Denzel Valentine is within striking distance enough that the Big Ten and Big 12 Tournaments may decide the outcome of this winner. Whichever teams plays well and leads their team the furthest in their respective conference tourneys will make a good last push for the honor.

And no, Kentucky's Tyler Ulis was not listed among Bovada's odds.