Kansas State's overtime win against Michigan State leaves it one step away from the Final Four.
That's only two steps away from the NCAA Tournament title, too.
Kansas State, which was +4800 to win the championship after the bracket reveal, is +1600, the ninth-best odds in the field.
That implies odds of about 5.8% that the Wildcats will win it all.
The Wildcats were +270 to make the Final Four prior to Thursday. They're -2 over FAU and -130 on the moneyline to advance to the Final Four at DraftKings.
Kansas State opened the favorite against Michigan State in the Sweet 16. After flipping from underdog to favorite again, it took overtime for Jerome Tang's club to seal the Elite Eight bid.
Kansas State plays the winner FAU vs. Tennessee. It's the Wildcats 14th appearance in the Elite Eight, the latest having taken place in 2018.
For more Action Network coverage of the 2023 NCAA Tournament, check out the latest college basketball odds, as well as the public betting percentage breakdowns for all of the 2023 NCAA Tournament games.