Longshot Purdue carries +8000 odds for March Madness, highest since 2015

Getting Close to That March Madness Title Again?

The Purdue Boilermakers are making waves in the college sports world once more, with their odds for this year's March Madness tournament skyrocketing higher than in the past seven years. It's been a long time since Purdue claimed the big one - a National Championship - but with odds of 8000 to win it all, things are looking pretty promising.

Since the legendary 2015 season, the Boilermakers have consistently shone in March Madness, boasting nine Sweet 16 appearances, two Elite 8 appearances, one Final Four appearance, and even making it to the National Championship game. However, they've yet to seal the deal and bring home the trophy. Unfortunately, oddsmakers aren't expecting a different outcome this time around.

The journey for Purdue this season has been nothing short of a rollercoaster ride. Opening in the preseason with +1500 odds, their chances rose to a staggering +8000 at one point during the regular season, before sliding back down to about +3500 to wrap up the year. As the tournament approached, their odds once again soared to +8000.

Looking back at the past, Purdue's odds higher than +6000 didn't turn out so well. In the last two times since 2015, they were knocked out in the first round both times. This year, with a record of 17-14 against the spread and an average winning margin of +7.6, Purdue has notably taken a step back from their recent dominance.

When it comes to betting on the Boilermakers in March Madness, it's important to keep a few restrictions in mind. State-regulated sportsbooks in Indiana are restricted from offering college player prop odds, which would include betting on individual Purdue players.

Fun Fact: Did you know that Trey Kaufman-Renn, Braden Smith, and Fletcher Loyer form a veteran trio returning for the 2025-2026 season, providing continuity and leadership? Adding to the mix is Oscar Cluff, a transfer center from South Dakota State that averaged a double-double, addressing frontcourt needs.

Sources:

[1] Odds Shark - Purdue Odds

[2] Westwood One Sports - Purdue Odds

[3] CBSSports.com - Purdue Odds Outlook

[4] Bleacher Report - Purdue Outlook

Bets on the Purdue Boilermakers for this year's March Madness tournament can be placed on various betting sites, as the odds for their win have significantly increased, reaching a high of 8000.
Despite the promising odds, oddsmakers are cautious about Purdue winning the tournament, due to their inconsistent performance this season and the difficulty of sealing the deal, as they haven't won a National Championship since 1984.
As the tournament progresses, sportsbooks will continue to offer betting markets for Purdue, with the odds remaining at +8000 at the time of writing.
However, residents in Indiana should be aware that state-regulated sportsbooks are prohibited from offering college player prop odds, which would include bets on individual Purdue players.
In the 2025-2026 season, Purdue's team is expected to be even stronger, with the return of Trey Kaufman-Renn, Braden Smith, and Fletcher Loyer, along with the addition of transfer center Oscar Cluff, who averaged a double-double from South Dakota State.