Louisville Basketball Championship Odds on the Move
LAS VEGAS – Entering the 2024-2025 season, Louisville was in the midst of one of its longest postseason droughts in history. 2019 was the last time the proud fanbase had seen their team in March. However, after a nine-game winning streak, Louisville is starting to make noise in the national championship market at Circa Sports, a leading authority in sports betting.
With new coach Pat Kelsey at the helm, Louisville started the season with modest expectations. When Circa Sports oddsmakers opened the championship market for the 2024-2025 basketball season, Louisville was slated at 100/1 odds. As the offseason progressed, the odds fluctuated, going down to 60/1, but also getting as high as 125/1. While a win over Indiana in November cut the odds town to 65/1, it would slowly move back up during a series of losses to Oklahoma, Ole Miss, Duke and Kentucky.
Despite starting their winning streak, the odds would reach as high as 200/1 on January 7. After a win over Syracuse on January 14, the line cutdown to 100/1 and now sits at 85/1.
Here is the timeline of Louisville odds at Circa Sports, starting with the beginning of the season:
November 1: +1000
November 18: +12500
November 27: +6500
November 28: +7500
December 9: +10000
December 16: +12500
December 23: +15000
December 24: +17500
January 7: +20000
January 14: +10000
January 22: +8500
Louisville currently sits with the second-best national championship odds among ACC teams. Duke, the top team in the conference, sits at +450. The only other ACC team with odds under +25000 is North Carolina, who currently is +12500 to win the national championship.
About Circa Sports
Helmed by casino owner and downtown Las Vegas developer Derek Stevens, Circa Sports is blazing a new trail in the gaming industry by combining customer-first approach to business with a team of the country's top oddsmakers. Circa Sports boasts one of the most competitive wagering menus in the country and is a leader in the city for sports futures. The venture currently offers physical betting locations in the world’s largest sportsbook at Circa Resort & Casino, along with three additional southern Nevada locations; a book in Legends Bay Casino in Sparks, Nev; and a new brick-and-mortar book in American Place in Waukegan, Ill. Its mobile offerings are currently available in Nevada, Iowa, Colorado and Illinois, and Kentucky. For more information, visit CircaSports.com