When Was the Last Time North Carolina Won the NCAA Tournament? (Odds to Win March Madness)

March 23, 2024, Charlotte, NC, USA; North Carolina Tar Heels forward Jae'Lyn Withers (24) reacts
March 23, 2024, Charlotte, NC, USA; North Carolina Tar Heels forward Jae'Lyn Withers (24) reacts / Bob Donnan-USA TODAY Sports

The UNC Tar Heels fell one game short in their first season under head coach Hubert Davis, losing in the National Title game against Baylor in 2022. Last year, they had a down season and missed the NCAA Tournament altogether.

They've turned things around and the Tar Heels are advancing to the Sweet 16 once again.

UNC went 29-7 in the regular season including posting a 17-3 record in conference play, finishing as the top team in the ACC. Their conference run fell just short, losing to NC State in the conference tournament final, who went on a Cinderella run and are also advancing to the Sweet 16.

Can UNC avenge both its conference tournament loss and its national championship loss in one go this season?

Let's take a look at the last time the Tar Heels won the National Championship as well as their odds to win it this time around.

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When was UNC's last NCAA Tournament Title?

The UNC Tar Heels lost in the National Championship Game after the 2021-22 season, but we don't need to go too far back to find the last time they were able to win it all.

UNC won the National Championship after the 2016-2017 season, beating Gonzaga in the NCAA Tournament Final by a final score of 71-65. They took down No. 3 Oregon in the Final Four, narrowly beating them by a final score of 77-76.

UNC has won six total national championships in college basketball, the third most in the country behind UCLA (11) and Kentucky (8).

UNC has chance to win seventh national title

Despite being a No. 1 seed, UNC is being disrespected in the latest odds to win the National Championship and the Tar Heels present plenty of betting value amongst all teams.

According to FanDuel, UNC's odds to win the National Championship are set at +1300. When you translate those odds to implied probability, the Tar Heels have a 7.14% chance of winning it all. Arizona is the No. 2 seed in UNC's region but is the favorite to come out of the West.

UNC is set to take on Alabama in the Sweet 16 in what guarantees to be an exciting game on Thursday night. The Tar Heels are set as 3.5-point favorites.

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Game odds update periodically and are subject to change.