Gonzaga is one win away from the Final Four after a victory over UCLA on Thursday night.
The Bulldogs' odds to win their first championship are +480 at FanDuel.
Those odds imply a probability of 17.2% that Gonzaga finally wins the NCAA Tournament.
The +480 price tag is tied UConn – those two meet in the Elite Eight. Alabama and Houston are the only basketball teams lined shorter to win the NCAA Tournament.
Gonzaga pulled off an upset over the Bruins to punch their bid to the next round. The previous time those teams played in the Sweet 16, UCLA escaped with a famous 73-71 victory.
In it, UCLA was down as many as 17 points in the second half before scoring the last 11 points of the game.
The Bruins stole the ball down by one with 13 seconds left, scored promptly, then pulled off another steal.
After a Gonzaga shot bricked out, Adam Morrison fell to the ground crying. Then-UCLA guard Arron Afflalo consoled Morrison as he cried on the floor.
Most recently, Gonzaga beat UCLA in a 2021 Final Four epic that saw a near half-court shot by Jalen Suggs send the Bulldogs to the title game, where they lost to Baylor.
Gonzaga takes on the Huskies Saturday, with its second Final Four in three tournaments on the line. The Bulldogs are +110 to advance.
