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Indiana is 50-1 to win the 2023 national championship according to Caesars Sportsbook

With the deadline to withdraw from the NBA draft behind us, sportsbooks have started to update their odds to win the 2023 national championship.

Caesars Sportsbook originally had Indiana at 100-1 to win the 2023 title, but now has the Hoosiers at 50-1 after Trayce Jackson-Davis opted to return to school for a fourth season.

The Hoosiers are the third pick in the Big Ten to win the national championship behind Illinois and Michigan, who are both 40-1. The Wolverines opened at 28-1, but fell to 40-1 after several NBA draft departures, including Caleb Houstan and Moussa Diabate.