2023 Big 12 Football Championship Odds

Big 12 Winner Odds

-175 + +105 + -165 + -160 + -160 + -182 -182  
+375 + +185 + +350 + +350 + +350 + +400 +400  
+1100 + +600 + +900 + +1000 + +1000 + +800 +800  
+600 + +1000 + +600 + +550 + +500 + +400 +400  
+1800 + +2600 + +2500 + +2000 + +5000 + +6000 +6000  
+10000 + +4000 + +20000 + +30000 + +25000 +25000  
+15000 + +8000 + +35000 + +50000 +  
+14000 + +50000 +  
+50000 + +50000 +  
+25000 + +50000 + +35000 + +50000 +  
+50000 + +50000 +  
+50000 + +50000 +  
+50000 + +50000 +  
+50000 + +50000 +  

Odds as of November 15, 2023

2023 BIG 12 CHAMPIONSHIP OPENING ODDS

Listed below are the opening odds to win the 2023 Big 12 Championship, which will take place on December 2 from AT&T Stadium in Arlington, Texas.

  • Texas +115
  • Oklahoma +330
  • Kansas State +470
  • Texas Tech +1200
  • TCU +2000
  • Baylor +2000
  • Iowa State +4000
  • UCF +4000
  • Kansas +4000
  • Oklahoma State +6000
  • Cincinnati +7000
  • West Virginia +7000
  • Houston +8000
  • BYU +10000
Texas enters this season as the Big 12 conference favorite. (Getty)

WHAT IS THE BIG 12 CHAMPIONSHIP?

The Big 12 Championship returned in 2017, following a six-year hiatus when the title game went away after the league dropped to 10 teams. The conference had 12 teams that were divided equally into the North and South divisions.

The two division winners would meet in a pre-determined venue, which was rotated in six different cities from Texas (Arlington, San Antonio, Houston, Irving) and Missouri (Kansas City, St. Louis). In the current format, the two teams with the best conference records will meet in the Big 12 Championship and tiebreakers do apply in case of a tie.

In the 19-year history of the game, Oklahoma has appeared in the game 12 times, which is the most of all Big 12 schools. The Sooners have come away with 11 wins, which is also the most in conference history. Texas (3) and Nebraska (2) are the only other schools that were able to capture multiple Big 12 championships.

The 'under' is now on a 6-0 run in the past six seasons, capped off with Kansas State handing TCU its first loss of the season in an overtime thriller in 2022.

YearMatchupLineScoreATS Result
2022Kansas State-TCUKansas State -1 (60.5)Kansas State 31-28 (OT)Favorite-Under
2021Baylor-Oklahoma StateOklahoma State -7 (45)Baylor 21-16Underdog-Under
2020Oklahoma-Iowa StateOklahoma -5.5 (59.5)Oklahoma 27-21Underdog-Under
2019Oklahoma-BaylorOklahoma -9.5 (66.5)Oklahoma 30-23 (OT)Underdog-Under
2018Oklahoma-TexasOklahoma -9.5 (79.5)Oklahoma 39-27Favorite-Under
2017Oklahoma-TCUOklahoma -7.5 (64)Oklahoma 41-17Favorite-Under
2010Oklahoma-NebraskaOklahoma -4.5 (51.5)Oklahoma 23-20Underdog-Over
2009Texas-NebraskaTexas -14 (46.5)Texas 13-12Underdog-Under
2008Oklahoma-MissouriOklahoma -17 (79)Oklahoma 62-21Favorite-Over
2007Oklahoma-MissouriOklahoma -3 (64.5)Oklahoma 38-17Favorite-Under
2006Oklahoma-NebraskaOklahoma -3.5 (45)Oklahoma 21-7Favorite-Under
2005Colorado-TexasTexas -25 (60.5)Texas 70-3Favorite-Over
2004Colorado-OklahomaOklahoma -22 (55)Oklahoma 42-3Favorite-Under
2003Kansas State-OklahomaOklahoma -14 (53)Kansas State 35-7Underdog-Under
2002Oklahoma-ColoradoOklahoma -7.5 (53)Oklahoma 29-7Favorite-Under
2001Colorado-TexasTexas -9 (48.5)Colorado 39-37Underdog-Over
2000Kansas State-OklahomaOklahoma -2.5 (53.5)Oklahoma 27-24Underdog-Under
1999Nebraska-TexasNebraska -7 (51)Nebraska 22-6Favorite-Under
1998Kansas State-Texas A&MKansas State -17 (46.5)Texas A&M 36-33Underdog-Over
1997Nebraska-Texas A&MNebraska -18 (52.5)Nebraska 54-15Favorite-Over
1996Nebraska-TexasNebraska -20.5 (55.5)Texas 37-27Underdog-Over

BIG 12 BETTING HISTORY RESULTS & NOTES

WagerStraight Up (SU)Against The Spread (ATS)Total
Results16-511-107-14

HISTORY - BETTING NOTES

  • Favorites have won the last 13 of the past 14 Big 12 championships
  • Until Baylor's win in 2021, the last underdog to win outright was Kansas State (+14) in 2003, defeating Oklahoma 35-7
  • 13 games decided by double-digit margins
  • Six straight Big 12 title games have finished 'under' the total

BIG 12 CHAMPIONSHIP HISTORICAL NOTES

In the 20-year history of the game, Oklahoma has appeared in the game 11 times, which is the most of all Big 12 schools. The Sooners have come away with 10 wins, which is also the most in conference history. Texas (3), Kansas State (2), and Nebraska (2) are the only other schools that were able to capture multiple Big 12 championships.

In 2019, the Sooners won their third straight Big 12 title since the championship returned by defeating Baylor 30-23 in overtime. Oklahoma failed to cover as 9 ½-point favorites.

Oklahoma notched another conference title in 2020 as the Sooners held off Iowa State, 27-21 as the Cyclones made their first ever Big 12 championship appearance.

Kansas State picked up its first Big 12 title since 2003 as the Wildcats outlasted previously unbeaten TCU in overtime, 31-28 to win the 2022 conference championship.

2023 BIG 12 TEAMS

HOW TO READ FUTURES ODDS

American: Texas +115
Fractional: Texas 23/20
Decimal: Texas 2.15
Implied Probability: Texas 46.5%

Bettors placing a $100 wager on Texas would get a return of $115 (Bet $100 to win $215).

Texas is a 25/1 betting choice (Bet $100 to win $2500) to win the College Football Playoff.

If you're ready to place some bets on the Big 12 Championship, please visit our BetMGM Bonus Code page for exciting offers.

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