Bookmakers have Liberty as a slim pick over Western Kentucky to claim the Conference USA crown this season, pricing the Flames at +280 to the Hilltoppers’ +300.
Last year’s champion is nowhere near the top of this year’s board.
Kennesaw State authored one of the more remarkable turnarounds in recent college football memory, going from a 2-10 finish in 2024 to a Conference USA title in 2025, upsetting regular-season champ Jacksonville State 19-15 behind first-year coach Jerry Mack.
The Owls return to defend their crown, but the market has moved on to a new set of favorites.
2026 Conference USA Championship Odds: Full List
- Liberty Flames +280
- Western Kentucky Hilltoppers +300
- Jacksonville State Gamecocks +475
- Delaware Blue Hens +700
- Kennesaw State Owls +800
- Florida International Golden Panthers +1000
- New Mexico State Aggies +2000
- Missouri State Bears +2500
- Middle Tennessee Blue Raiders +4000
- Sam Houston State Bearkats +7000
Note: Odds are subject to change.
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Two Programs Top Conference USA Championship Odds
Liberty’s spot atop the board comes down to sustained success — few Group of Five programs have put together the kind of consistent winning stretches the Flames have strung together in recent years.
Western Kentucky sits right behind at +300, fresh off a season that saw the Hilltoppers push all the way to a wild 37-34 loss in the conference semifinal round before falling just short of the title game.
Neither program had to replace its head coach this offseason, a meaningful edge in a league where continuity has been hard to come by.
That stability alone could be enough to separate this pair from the rest of the field once conference play heats up.
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Jacksonville State Aims to Finally Close the Deal
Jacksonville State’s +475 price tells the story of a program that’s been agonizingly close but hasn’t been able to finish the job.
The Gamecocks watched a late lead slip away in last year’s title game when Kennesaw State scored the winning score with barely a minute on the clock.
With one of the league’s most explosive backfields returning under second-year coach Charles Kelly, this could be the season it finally comes together.
Delaware rounds out the next tier at +700, a notable price for a program only in its second full year of FBS competition.
Both Delaware and Missouri State sat out the postseason in 2025 while completing their transition up from the FCS level, meaning this marks the first real opportunity for either to chase a conference title.
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Kennesaw State Tries to Prove Last Year Wasn’t a Fluke
The defending champs sit at +800, a price that suggests some doubt about whether last season’s worst-to-first run can be repeated.
Still, any team capable of a turnaround that dramatic has already shown it can defy the odds once — doing it twice is the real test.
Florida International closes out the group of legitimate contenders at +1000, while New Mexico State, Missouri State, Middle Tennessee and Sam Houston State fill out the bottom of the board as clear outsiders.
Conference USA has crowned three different champions in the past four seasons, so don’t be shocked if this list looks completely different by the time December rolls around.
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