
With March Madness officially here, the 2026 NIT Tournament odds have been revealed for the runners-up competition. While it isn’t the NCAA Tournament, the NIT always provides entertaining basketball and great value for bettors.
In this betting preview, I explore the latest futures odds, analyze the top favorites, and share my NIT predictions.
NIT Tournament 2026 Betting Odds
The following NIT odds are courtesy of BetUS:
| TEAM | ODDS |
|---|---|
| Auburn Tigers | +350 |
| New Mexico Lobos | +395 |
| Wake Forest Demon Deacons | +550 |
| Tulsa Golden Hurricane | +1100 |
| Oklahoma State Cowboys | +1200 |
| Nevada Wolf Pack | +1300 |
| Dayton Flyers | +1750 |
| California Golden Bears | +2000 |
| Wichita State Shockers | +2500 |
| Yale Bulldogs | +2800 |
The Auburn Tigers (+350) were gearing up for the NCAA Tournament but will instead headline the NIT as the No. 1 overall seed. Along with securing the top seed, Auburn also opens as the betting favorite to win the tournament, carrying a +350 price at top college basketball betting sites that translates to a 22.2% implied chance of lifting the trophy.
Just behind the Tigers, the New Mexico Lobos (+395) are also expected to make a deep run. They came up short of an NCAA Tournament bid but still enter the NIT with a strong 20.2% implied probability of winning it all at Gainbridge Fieldhouse.
Rounding out the top tier of contenders, the Wake Forest Demon Deacons are listed at +550, giving them a 15.4% implied chance to cash in with the NIT title. While they sit a step behind Auburn and New Mexico in the market, they remain firmly in the mix among the leading favorites.
Beyond those three, the rest of the field is viewed as a collection of longshots. The Tulsa Golden Hurricane (+1100) own the fourth-shortest odds on the board, but at just an 8.3% implied probability, they face a significantly tougher path to the championship.
You can find updated 2026 NIT winner odds at BetUS by navigating to Sportsbook > Basketball > NIT Championship Futures.
NIT Tournament 2026 Bracket and Key Info
The NIT Tournament features a 32-team field of schools that failed to qualify for the NCAA Tournament. Auburn, New Mexico, Tulsa, and Wake Forest represent the top of the brackets. Note that several prominent programs, including Indiana, Oklahoma, and Florida State declined their invites to play in the NIT Tournament.
Let's do this‼️
The #NIT2026 bracket, complete with first round tip-off dates/times, is here 🏀
It all starts Tuesday night. pic.twitter.com/ico6Ulbjrj
— NIT (@NITMBB) March 16, 2026
The NIT will tip-off on Tuesday, March 17, 2026, and the championship game will be played on Sunday, April 5, 2026, at Gainbridge Fieldhouse. The higher seeded team will receive a home game on campus, before the NIT Final Four shifts to a neutral site in Indianapolis.
NIT Tournament Betting Favorites
Let’s take a quick snapshot of the top favorites to win the NIT Tournament in 2026. Before revealing my NIT Tournament picks, find my analysis of the most likely winners below:
Auburn Tigers (+350)
Auburn is trying to make the best of a disappointing situation after getting snubbed from the NCAA Tournament. It wasn’t the biggest omission of all time, but Steven Pearl’s team felt it had done enough to earn an invite.
The turning point came in the SEC Tournament, where Auburn fell 72–62 to the No. 12 seed Tennessee Volunteers. That loss, combined with a season of inconsistency, ultimately kept the Tigers out. They played in one of the toughest conferences in the country and owned the nation’s 15th-ranked strength of schedule, but it still wasn’t enough to convince the committee.
Auburn finished 17-16 overall and 12th in the SEC. The league sent a nation-high 10 teams to the NCAA Tournament, some of which they’ve beaten, underscoring how close the Tigers were to the cut line.
In most seasons, two or three more wins probably would have sent them dancing. Instead, they now enter the NIT with what might be the most dangerous and well-balanced roster in the field.
AUBURN BEATS KENTUCKY 75-74 pic.twitter.com/Tds9O4TIiP
— The Barn (@TheBarn_Auburn) February 22, 2026
With Indiana, Oklahoma, and Florida State choosing not to participate, Auburn stands as the lone serious contender from a major conference. That’s a significant advantage, but only if the Tigers tighten up defensively. They rank 307th nationally in the NCAA in scoring defense, giving up 79.4 points per game.
Some of that can be attributed to life in the SEC, a conference loaded with offensive firepower. Auburn won’t face that same caliber of attack in the NIT.
Offensively, the Tigers are in a much better place: they averaged 82.7 points per game and finished 37th in offensive efficiency.
With Keyshawn Hall and Tahaad Pettiford leading the way, Auburn has the talent to make a deep run and realistically push for the Final Four. On paper, the rest of the field doesn’t quite match their overall ceiling.
New Mexico Lobos (+395)
After a 23-10 season in the Mountain West, the New Mexico Lobos entered their conference tournament knowing they had to win the championship to reach the NCAA Tournament. Their overall résumé wasn’t strong enough to earn an at-large bid, so the automatic berth was their only realistic path.
As the No. 3 seed, New Mexico’s run ended in the Mountain West semifinals, falling 64-62 to San Diego State. It was an up-and-down year for the Lobos, and against the Aztecs they simply ran out of gas and couldn’t buy a basket. This is a team that lives and dies by its offense.
When the offense stalls, New Mexico is in trouble because the defense usually can’t carry the load. On paper, the Lobos actually look better than Auburn defensively, allowing 71.6 points per game, which ranks 96th nationally.
However, the Mountain West isn’t known for high-powered offenses, so in context you could easily argue Auburn is the tougher defensive test.
Offensively, New Mexico averaged 80 points per game and ranked 68th in offensive efficiency. Those are solid numbers, but still a clear step behind Auburn, especially considering the Mountain West doesn’t feature many elite defensive teams.
Their strength of schedule came in at 84th nationally, which is respectable for that league, but the Lobos still aren’t as battle-tested as Auburn against top-tier competition.
UNM's freshman Jake Hall is just a really damn good offensive talent.
He's having a tremendous freshman season for New Mexico averaging 15 PPG, 3.5 RPG, 1.7 APG on 46%, 42.4% 3PT (7.1 3PA) 76.4% FT.
Awesome system that Eric Olen operates, Hall's been a major key to their… pic.twitter.com/qDQONWapFP
— Arman Jovic (@PDTScouting) January 27, 2026
Jake Hall will do everything he can to push New Mexico on a deep run in this tournament, and he’s capable of guiding them far. Their side of the bracket isn’t especially daunting, so a trip to the Final Four is realistic. But lifting the NIT trophy will be a challenge and is far from guaranteed.
Wake Forest Demon Deacons (+550)
Wake Forest heads to the NIT after what could be described as a disappointing season in the ACC. The Demon Deacons finished 13th with a record of 17-16. Despite the same record as Auburn, Wake Forest’s strength of schedule is only 56th in the nation.
When they faced tough competition in the conference, they failed to step up and get over the hump. Having said that, Wake Forest was competitive in a 85-84 loss to Michigan and an 84-83 final to Texas Tech earlier in the season. That was back in 2025, though, and a lot has changed since then.
Wake Forest has lost four of their last seven games, including a 71-62 loss to Clemson in the second round of the ACC Tournament. They needed overtime to knock off Virginia Tech to open tournament play, and the offense couldn’t hit a shot when it was needed the most against a mediocre Clemson team.
The Demon Deacons are lifeless defensively and consistently give up more than 70 points a game. That’s likely going to come back to hurt them in a tournament where there are a few teams who can get hot from the field. Overall, Wake Forest is 243rd in the nation, yielding an average of 77.1 points per game.
Mr. Everything ⭐
Juke Harris powered Wake Forest with 31 points and a career-high 15 rebounds in the win over Cal. He added three assists in a dominant all-around performance.@WakeMBB | @DemonDeacons | #GoDeacs pic.twitter.com/9KMNu2Wn9K
— ACC Digital Network (@theACCDN) March 8, 2026
The offense is good, but I don’t expect Juke Harris to power this team to a championship. Aside from Harris, they have too many inconsistent scoring threats that regularly go through funks. All in all, Wake Forest should go deep, but sputter in the end.
Best NIT Tournament Sleepers
Before locking in your NIT Tournament best bet, consider adding a couple of long shots to your card! I’ve identified two teams with great value to think about wagering on for the 2026 tournament:
NIT Tournament 2026 Predictions and Betting Pick
The formula is straightforward for the Auburn Tigers: if they take the NIT seriously and show up with energy, they should be good enough to beat this field. If they don’t, they’ll be vulnerable to an upset.
I expect Auburn to play with a chip on their shoulders and to be motivated to prove the team belonged in the NCAA Tournament. First‑year head coach Bruce Pearl should be especially locked in, seeing this as a chance to build momentum and gain valuable postseason experience for himself and his team.
Auburn’s brutal regular‑season schedule should be an advantage here. The Tigers faced the toughest slate of any team in this NIT by a clear margin. Even ACC representative Wake Forest didn’t navigate the same kind of week‑in, week‑out grind Auburn did in the SEC.
Given all of that, Auburn is my recommended side for your NIT Championship betting picks.
Where to Bet on the NIT Tournament?
Wagering on the NIT Tournament in recent years has become very popular! However, many bettors don’t know where to find NIT odds, as the NCAA Tournament takes precedence.
If you are interested in NIT Tournament betting, consider checking out what BetUS offers for this year’s event. With winner odds, live betting, and even prop bets, BetUS is your top choice for the NIT.
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