Here are the 2026 Big 12 championship odds for all 16 teams. Texas Tech sits alone at the top after an aggressive offseason, but the Big 12 remains the most wide-open Power conference, with a half-dozen teams holding a real path. Below is the full odds-to-win-the-Big-12 board plus a tier-by-tier read. Lines are representative of late-July 2026 futures and move constantly.

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 12 Championship Odds: Full Board
| Rank | Team | Odds to Win | Tier |
|---|---|---|---|
| 1 | Texas Tech | -105 | Favorite |
| 2 | BYU | +550 | Contender |
| 3 | Utah | +650 | Contender |
| 4 | Kansas State | +1400 | Contender |
| 5 | Houston | +1600 | Contender |
| 6 | Arizona | +1800 | Contender |
| 7 | Arizona State | +2200 | Longshot |
| 8 | TCU | +2800 | Longshot |
| 9 | Oklahoma State | +3000 | Longshot |
| 10 | Baylor | +3900 | Longshot |
| 11 | Kansas | +4500 | Longshot |
| 12 | West Virginia | +6000 | Longshot |
| 13 | UCF | +6200 | Longshot |
| 14 | Cincinnati | +9400 | Longshot |
| 15 | Iowa State | +10000 | Longshot |
| 16 | Colorado | +12000 | Longshot |
The Favorite: Texas Tech
Texas Tech (-105) is the clear front-runner and the only team on the board priced as a favorite, a direct result of one of the most aggressive roster-building offseasons in the sport. The Red Raiders are being treated as the class of the league, but a -105 number in a conference this deep still leaves plenty of room for the field.
The Contenders: BYU, Utah, Kansas State, Houston, Arizona
BYU (+550) and Utah (+650) are the primary chasers, both proven in this league and capable of stringing together the run it takes to reach Arlington. Kansas State (+1400) is a perennial threat, Houston (+1600) is a popular value pick with quarterback continuity, and Arizona (+1800) rounds out a deep contender tier. In a parity-driven Big 12, any of these winning out is well within range.
Longshots and Value Plays
From Arizona State (+2200) down, the board is full of teams a good month away from the conversation. TCU, Oklahoma State, and Baylor have all played for Big 12 titles recently, and Colorado anchors the long end of the board. Big 12 chaos is the brand, so triple-digit-plus numbers here are not as far-fetched as they look.
The Big Picture: Parity Is the Point
The Big 12 seeds its two best teams from a 16-team standings table into the Big 12 Championship Game at AT&T Stadium in Arlington. No league produces more week-to-week surprises, which is why the favorite sits at only -105 and why value hunters love this board. One bad Saturday can reshuffle the entire top half.
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 Ten 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 12 championship?
Texas Tech is the favorite at around -105, the only team on the board priced as a favorite. BYU (+550) and Utah (+650) are the top challengers.
Why is the Big 12 favorite so short a price?
Even as the favorite, Texas Tech sits at only -105 because the Big 12 is the most wide-open Power conference, with six or more teams holding a realistic path to the title.
Where is the 2026 Big 12 Championship Game played?
At AT&T Stadium in Arlington, Texas, matching the top two teams from the 16-team standings.
What does -105 mean in Big 12 futures odds?
A minus number marks a favorite: at -105 you stake 105 to win 100. It still implies a roughly even-money chance, leaving plenty of room for the rest of the field.
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+.