Here are the 2026 Big Ten championship odds for all 18 teams. Ohio State opens as the favorite, but Indiana and Oregon are right on its heels at the top of a loaded league. Below is the full odds-to-win-the-Big-Ten board plus a tier-by-tier read on every contender. Lines are representative of late-July 2026 futures and move constantly, so shop around and treat them as a snapshot.

How to Read These Odds
These are American futures odds. A plus number is the profit on a 100 stake, so a team at +250 pays 250 on a 100 bet if it wins. A minus number means a favorite: -105 means you stake 105 to win 100. Shorter numbers mean the market sees a team as more likely. Odds move with injuries, results, and betting action, and they vary from book to book.
2026 Big Ten Championship Odds: Full Board
| Rank | Team | Odds to Win | Tier |
|---|---|---|---|
| 1 | Ohio State | +180 | Favorite |
| 2 | Indiana | +250 | Favorite |
| 3 | Oregon | +260 | Favorite |
| 4 | USC | +1400 | Contender |
| 5 | Michigan | +1500 | Contender |
| 6 | Penn State | +2000 | Contender |
| 7 | Washington | +2800 | Contender |
| 8 | Iowa | +5000 | Longshot |
| 9 | Wisconsin | +10000 | Longshot |
| 10 | Nebraska | +12500 | Longshot |
| 11 | UCLA | +12500 | Longshot |
| 12 | Illinois | +15000 | Longshot |
| 13 | Minnesota | +20000 | Longshot |
| 14 | Maryland | +25000 | Longshot |
| 15 | Northwestern | +25000 | Longshot |
| 16 | Michigan State | +40000 | Longshot |
| 17 | Rutgers | +40000 | Longshot |
| 18 | Purdue | +50000 | Longshot |
The Favorites: Ohio State, Indiana, Oregon
Ohio State (+180) is the pick to win the league after another elite recruiting and portal haul, and it holds a clear edge at the top. Indiana (+250) is the story here, priced as a genuine repeat threat after its breakthrough, and Oregon (+260) is right there as a program that reloads every year. Any of the three winning would surprise no one, so the value is in deciding which you trust in a one-loss race.
The Contenders: USC, Michigan, Penn State, Washington
USC (+1400) and Michigan (+1500) headline the next tier, both a hot start away from crashing the top three. Penn State (+2000) is always lurking with the roster to make a run, and Washington (+2800) rounds out the group as a team that can play with anyone on its day. This is the tier where a September statement win can move a number in a hurry.
Longshots and Value Plays
From Iowa (+5000) down through the rest of the board, you are betting on a special season rather than a likely one. Wisconsin, Nebraska, UCLA, and Illinois all have a puncher chance, while the back end of the league is playing for bowl position more than a title. That is where the longest odds and biggest payouts live if you want a dart throw.
The Big Picture: A 16-plus Team Sprint
The Big Ten crowns its champion from a single 18-team standings table with no divisions, so the top two teams at the end of the regular season meet in the Big Ten Championship Game on December 5, 2026 at Lucas Oil Stadium in Indianapolis. With this many contenders, seeding is everything, and one early conference loss can be the difference between playing for the title and playing spoiler.
More 2026 College Football Odds
Compare the full board across every conference and the Playoff in our odds series:
- 2026 College Football Odds Hub
- 2026 SEC Championship Odds
- 2026 Big 12 Championship Odds
- 2026 ACC Championship Odds
- 2026 College Football Playoff Odds
- 2026 College Football Schedule (printable hub)
Frequently Asked Questions
Who is favored to win the 2026 Big Ten championship?
Ohio State is the favorite at around +180, with Indiana (+250) and Oregon (+260) close behind at the top of the board.
Is Indiana a contender in the 2026 Big Ten?
Yes. Indiana is priced as a genuine contender at about +250 after its breakthrough season, sitting second on the futures board.
When is the 2026 Big Ten Championship Game?
It is set for December 5, 2026 at Lucas Oil Stadium in Indianapolis, matching the top two teams from the 18-team standings.
What does +180 mean in Big Ten futures odds?
Plus odds show the profit on a 100 stake. A team at +180 returns 180 in profit on a winning 100 bet, plus your stake. Shorter numbers mean a more likely winner.
Odds are for entertainment and informational purposes and are subject to change. Please gamble responsibly. If you or someone you know has a gambling problem, call 1-800-GAMBLER. Must be 21+.