Big 12 Football Championship Odds: Buffaloes Surpassing Lofty Expectations

With wins in seven of their last eight games, the Colorado Buffaloes are making a serious push at the Big 12 title in Year 1. We break down their chances in our Big 12 championship odds update below.

Chris Gregory - Publishing Editor at Covers.com
Chris Gregory • Publishing Editor
Nov 18, 2024 • 15:41 ET • 4 min read
Travis Hunter Colorado Buffaloes Big 12 college football
Photo By - USA TODAY Sports

The Big 12 has been an agent of chaos in 2024, and with the regular season starting to wind down, the stakes have never been higher in the college football odds.

In their first Big 12 season, the Colorado Buffaloes are making waves and can secure a spot in the title game with some more strong play down the stretch. See where they stand in our Big 12 championship odds update below.

Big 12 championship odds

Player DraftKings FanDuel bet365
Colorado Colorado Buffaloes -125 +100 -110
BYU BYU Cougars +330 +310 +320
Arizona State Arizona State Sun Devils +350 +350 +375
Iowa State Iowa State Cyclones +750 +750 +700

Big 12 championship favorite

Colorado  Colorado Buffaloes (-125 to +100)

This Colorado Buffaloes season has been completely flipped on its head. This team has won seven of its last eight games following a shaky 1-1 start. 

Shedeur Sanders is playing his best football, Travis Hunter is leading the Heisman Trophy odds race, and the team is just a couple of weeks away from a potential first-round bye in the CFP if it can win the Big 12 title game. 

Recent Big 12 conference champions

Season Big 12 Champion Runner-Up
2023 Texas Texas Longhorns Oklahoma State Oklahoma State Cowboys
2022 Kansas State Kansas State Wildcats TCU TCU Horned Frogs
2021 Baylor Baylor Bears Oklahoma State Oklahoma State Cowboys
2020 Oklahoma Oklahoma Sooners Iowa State Iowa State Cyclones
2019 Oklahoma Oklahoma Sooners Baylor Baylor Bears
2018 Oklahoma Oklahoma Sooners Texas Texas Longhorns
2017 Oklahoma Oklahoma Sooners TCU TCU Horned Frogs
2016 Oklahoma Oklahoma Sooners N/A
2015 Oklahoma Oklahoma Sooners N/A

Understanding college football futures odds

Sportsbooks release college football futures odds pretty much as soon the clock hits zero in the previous season's National Championship game. There are many ways to wager on NCAA football futures but we'll use picking the outright winner of the National Championship — definitely the most popular — as our example.

During the offseason and preseason, you'll be able to get a plus-money price on basically any team in the nation as there is so much uncertainty around what will happen next year.

NCAA football championship odds will usually look like this:

  • Alabama Crimson Tide +125

This means that on a $100 bet, you'll stand to win $125 if the Crimson Tide win the national title. If it's close to the end of the regular season and there is a particularly dominant program, you might see that a team has a minus sign (-) ahead of its odds. 

  • Georgia Bulldogs -145

This means that if you bet on Georgia, you would need to bet $145 to profit $100 if the Bulldogs won the championship.

Of course, futures odds are a fluid market. They can change every day based on news, injuries, suspensions, transfers, etc. In college football there generally isn't too much movement in the futures market during the offseason, but once the season begins, look for huge changes week-to-week based on wins and losses.

All the odds seen above are in American format. Should you find decimal format or fractional format easier to read, simply convert the odds with our easy-to-use odds converter tool.

Big 12 Championship Odds FAQs

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Chris Gregory Covers.com
Publishing Editor

In his three years on the Covers editorial team, Chris Gregory has helped bolster the site’s PGA Tour and college football coverage, though his love for Rory McIlroy and the Buckeyes is often met with disappointment. He brings a journalism and marketing background to his work as a Publishing Editor and has appeared on Jason Logan’s Sharp 600 to talk about the Masters and golf’s other majors.

His best betting advice? Stay away from betting your favorite teams; it’ll only make the hurt worse.

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