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Big Ten Odds: Ohio State Favored To Win 5th Straight Conference Title

C.J. Stroud and the Buckeyes begin the season leading the 2021 Big Ten Football Championship Odds.

After winning their fourth straight Big Ten championship title, the Ohio State Buckeyes are once again favored to rule the Big Ten.

The defending champion Buckeyes (-225 at Bovada) are the fairly heavy favorites to win the Big Ten for a fifth consecutive year. However, this year the Big Ten is as strong as ever, as there are multiple teams that could knock off the Buckeyes.

Looking at the odds, the Wisconsin Badgers (+550), Iowa Hawkeyes (+1000), Penn State Nittany Lions (+1000) and Indiana Hoosiers (+2000) follow the Buckeyes in the odds and round out the top five.

Online sportsbook Bovada has the latest 2021 Big Ten championship odds, which will be updated regularly throughout the season.

Ohio State Buckeyes Lead Big Ten Championship Odds

2021 Big Ten Championship Odds
Ohio State Buckeyes-225
Wisconsin Badgers+550
Iowa Hawkeyes+1000
Penn State Nittany Lions+1000
Indiana Hoosiers+2000
Michigan Wolverines+2000
Minnesota Golden Gophers+2500
Nebraska Cornhuskers+3300
Northwestern Wildcats+3500
Maryland Terrapins+10000
Michigan State Spartans+10000
Purdue Boilermakers+10000
Illinois Fighting Illini+15000

Odds as of September 1 at Bovada

New to the college football scene? Check out our handy college football betting guide to help you get in the action. Also, keep an eye on our College Football Odds page for the latest up-to-date betting lines.

Big Ten East Division Odds

Looking at the schedule of the favorite, the Ohio State Buckeyes, there is no game that really worries me in regard to this team winning the conference once again. They are playing a tough Minnesota team on the road in Week 1 but are 13.5-point favorites. The Buckeyes will be challenged early on in the season as they will face the Oregon Ducks, the No. 11 seed in the AP Top 25 rankings, in Week 2.

After a couple of difficult games to start the season, the Buckeyes will face teams like Tulsa, Akron, Rutgers, Purdue and Michigan State. According to CBS Sports, the Buckeyes have the second-easiest schedule in the Big Ten.

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Second in Big Ten East Division odds are the Wisconsin Badgers. The Badgers are going to have a much more difficult road to a Big Ten title in comparison to the Buckeyes. The Badgers have games against No. 19-ranked Penn State, No. 9 Notre Dame and No. 18 Iowa. According to CBS Sports, they have the third-most difficult schedule in the Big Ten. The path to a conference championship is daunting, but they are capable of doing it.

The Buckeyes have won four Big Ten crowns in a row, though, and they could very well be on their way to making it five.

Keep An Eye On A Big Ten West Team

One team to watch closely this season is the Iowa Hawkeyes. The Hawkeyes football program has continuously improved through the years, and they are a team that could certainly be a threat in 2021.

The No. 18-ranked Hawkeyes open the season at home vs Penn State in a game that could have massive implications once the season is over. Look out for the Hawkeyes if they are able to earn a victory in the first game of the season. According to CBS Sports, the Hawkeyes have the third-easiest schedule in the Big Ten. Really, the Big Ten West is wide open this year so putting a few dollars on a long shot like the Hawkeyes may not be a bad idea.

Reading Big Ten Championship Odds

At any NCAAF sportsbook, you’ll see futures odds that look something like so:

Ohio State -105

Michigan +250

Penn State +500

Wisconsin +900

The school with the minus sign (-) is the favorite. The rest are underdogs. When there are no minus signs and only plus signs (+), the team with the lowest odds is the fave. If Ohio State was at +105 instead of -105, they would still be the favorite in this scenario.

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If you were to bet $100 on the Buckeyes, you’d get a payout of $195.24 – your $100 comes back along with your winnings of $95.24. Or, that same $100 on the Badgers would give you $1,000 – your original money is returned along with your prize of $900. Bets on dogs are riskier, which is why they come with bigger rewards. However, do your research before making any futures bet. Don’t take the underdog just because you think you’ll get a huge payday. Only take them if it makes the most sense.

To see how much you’d win based on the odds and bet amount, check out our Odds Calculator.

What Is A College Football Futures Bet On Championship Odds?

This is a bet made on events that have yet to happen. It can be argued that all bets are on events that will occur in time, but futures bets can be made weeks or even months in advance. As soon as the odds are released, you can place your bet on a team in the Big Ten to win the conference. If you can take the odds early, it’s best to do so. The lines will move as teams slip and climb in the standings and you don’t want to be stuck with odds that have no value.