Ohio State opens as the heavy favorite to win the Big Ten this season, with bookmakers pricing the defending national champions at +190 ahead of the pack.
With fall camps in full swing, the conference championship futures market has taken shape, and the numbers make clear just how top-heavy the Big Ten looks heading into the year, with three programs separating themselves well ahead of the rest of the field.
2026 Big Ten Championship Odds: Full List
- Ohio State Buckeyes +190
- Indiana Hoosiers +260
- Oregon Ducks +275
- USC Trojans +1400
- Michigan Wolverines +1500
- Penn State Nittany Lions +2000
- Washington Huskies +3000
- Iowa Hawkeyes +4000
- Wisconsin Badgers +8000
- Illinois Fighting Illini +12500
- UCLA Bruins +12500
- Nebraska Cornhuskers +17500
- Minnesota Golden Gophers +20000
- Northwestern Wildcats +30000
- Maryland Terrapins +30000
- Michigan State Spartans +30000
- Purdue Boilermakers +30000
- Rutgers Scarlet Knights +30000
Note: Odds are subject to change.
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Three Teams Top The Big Ten Championship Odds
The gap between the top three and everyone else on this board is enormous, and each of them arrives with a genuine claim to being the conference’s best team.
Indiana enters the season as the reigning national champion after Curt Cignetti’s Hoosiers capped a stunning turnaround with a win over Miami in January, and the market still has them as one of the shortest prices at +260.
Ohio State sits just ahead of them at +190, still viewed as the top overall team in the conference and the country after a deep playoff run of its own last season.
Oregon rounds out the trio at +275, a program that’s been a fixture near the top of the Big Ten for years and enters this season with the kind of roster capable of pushing both Ohio State and Indiana all the way to the wire.
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A Massive Drop-Off to the Chasing Pack
Once you get past the top three, the board falls off a cliff.
USC and Michigan sit within shouting distance of each other at +1400 and +1500, both talented enough to make things interesting but clearly viewed as a tier below the favorites.
Penn State follows at +2000, a number that speaks to a program still looking to fully reestablish itself among the conference’s top tier.
Washington and Iowa round out the next group at +3000 and +4000, respectively, both programs with enough pieces to make noise but far from the type of roster capable of unseating the top three over a full season.
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Long Shots Make Up the Bottom Half of the Board
From Wisconsin’s +8000 on down, this market turns into pure long-shot territory.
Illinois and UCLA share a price of +12500, while Nebraska checks in a bit further back at +17500, still carrying enough hope to avoid being lumped in with the true afterthoughts.
Minnesota rounds out the more realistic long shots at +20000, while Northwestern, Maryland, Michigan State, Purdue and Rutgers are all priced identically at +30000, the market’s way of saying none of them currently have a credible path to hoisting the trophy.
As always with conference futures posted this early, don’t expect these numbers to hold steady for long once September football gets underway and separates contenders from the rest of the pack.
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