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Lincoln Riley's USC Trojans favored in our Pac-12 conference odds

The future of the Pac-12 is up in the air, but the 2022 conference landscape is still quite interesting.

With USC and UCLA set to leave the conference next season, they'll have one final shot at the Pac-12 crown this year. According to the Pac-12 odds, both exiting programs have a decent chance to leave as conference champions, too.

Below, we break down the odds to win the Pac-12 championship in 2022-23 and provide our best bets and a few Pac-12 odds value picks. If you’re looking to improve your college football betting knowledge, check out our Heisman Trophy odds and our updated national championship odds.

USC Leads 2022 Pac-12 Football Championship Odds

2022-23 Pac-12 championship odds
TeamOdds
USC+190
Utah+230
Oregon+250
UCLA+1200
Washington+1400
Oregon State+3300
Washington State+3300
Arizona State+5000
California+5000
Stanford+5000
Colorado+15000
Arizona+25000

Odds as of August 9 at BetOnline Sportsbook

As +190 favorites, USC has implied odds of 34.48 percent to take home the title in odds to win the Pac-12 football championship. Utah, with the second-best odds of +230, has an implied chance of 30.20 percent. Check out our odds calculator for more details.

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.

Should USC Be Favored In Pac-12 Football Odds?

USC, Utah and Oregon all find themselves in a tight race for the early 2022 Pac-12 championship odds, each within a close implied percentage points from one another. But the Trojans take a slight lead in being on the top.

Last year, USC had a mediocre season at best. They went 4-8 overall and collected a 3-6 record in the conference. Which is nothing special in comparison to Oregon’s 10-4 overall and 7-3 conference records.

But, it is what happened after USC’s average season that puts them on the top for the upcoming one. New head coach and former player, Lincoln Riley is not shy to give the organization a proper face-lift.

This offseason, the eager coach has added 14 players to be excited about. Including WR Jordan Addison, who transferred from Pittsburgh. The sophomore earned 1,593 receiving yards and 17 touchdowns on 100 receptions, a Pittsburgh record.

The Trojans also snagged LB Shane Lee from Alabama and cornerback Mekhi Blackmon from Colorado to help their struggling defense, which allowed over 400 yards and 31.8 points per game last year.

Will the key additions coming in be able to help USC improve from its previous four wins and become the Pac-12 conference champions? The good news, USC won’t see competitor Oregon (+250) during the regular season. The bad news is it will be on the road to face Utah (+230) and UCLA (+1200), two tough games that will be crucial to keep the Trojans favored in the odds.

Visit Our Recommended NCAAF Betting Sites

Utah Best Pac-12 Betting Value

Though Utah and Oregon are interchangeable based on odds right now, I’m still taking the Utes as the better value at +230 for the early odds.

The Utes had an even more impressive record than the Ducks last season, going 10-4 overall and an impressive 9-1 in conference, leading them to being the reigning Pac-12 champions. Utah also dominated Oregon twice last season, taking huge leads and winning 38-7 and 38-10 in both meetings.

They even made things interesting when playing Ohio State in the Rose Bowl, barely falling 48-45.

Returning for the Utes is the chemistry between QB Cameron Rising and RB Tavion Thomas, who ran for 1,041 rushing yards, including him in the top 50 in the league. Utah also has head coach Kyle Whittingham and defensive coach Morgan Scalley coming back to keep their group strong for 2022.

Place Your NCAAF Best Bets Today

What Is A Futures Bet On Pac-12 Championship Odds?

If you were to bet on a school’s odds to win the Pac-12 championship, you’d be making a futures bet. This is a bet made on events that have yet to happen. Sure, all sports betting is on stuff that hasn’t happened yet; however, with futures, you can bet weeks or even months in advance. As soon as the odds are announced, you can bet. If you see odds you like in July, take them because oddsmakers adjust the lines as the college football season unfolds.

Reading Pac-12 Championship Odds

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

  • USC +190
  • Utah +230
  • Oregon +250
  • UCLA +1200

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 you were to bet $100 on USC, you’d get a payout of $290 – your $100 comes back along with your winnings of $190. Or, that same $100 on UCLA would give you $1300 – your original money is returned along with your prize of $1200. 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.