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Big 12 Basketball Odds | Houston and Iowa State the Betting Favorites

C Jackson Cowart

Last Updated: February 21, 2025 2:13 PM EST • 1 min 37 sec read.

Big 12 odds
Pictured: Houston Cougars guard L.J. Cryer (4) controls the ball as Colorado Buffaloes forward Andrej Jakimovski (23) guards in the first half at CU Events Center. Photo by: Isaiah J. Downing-Imagn Images

Some familiar basketball powers are atop the oddsboard to win the Big 12.

The Big 12 basketball odds show Houston (-1350) and Iowa State (+1500) as the betting favorites, with Arizona (+2900) also a top contender to win the regular-season conference title. 

Big 12 odds

Here are the Big 12 basketball odds from the best March Madness betting sites. These futures odds are to win the conference title.

Here is a look at the opening Big 12 odds. Kansas opened with the lowest betting price at +250.

  • Kansas (+250)
  • Houston (+350)
  • Baylor (+450)
  • Arizona (+500)
  • Iowa State (+700)
  • BYU (+1600)
  • Texas Tech (+2500)
  • Kansas State (+2500)
  • TCU (+4000)
  • Cincinnati (+4000)
  • Colorado (+5000)
  • West Virginia (+6600)
  • Arizona State (+10000)
  • UCF (+10000)
  • Utah (+15000)
  • Oklahoma State (+20000)

Big 12 tournament odds

Big 12 tournament odds will soon be made available. The 2025 Big 12 tournament will be played March 11-15 at the T-Mobile Center in Kansas City, Mo. 

Recent Big 12 Tournament winners

YearRegular seasonTournament
2023-24HoustonIowa State
2022-23KansasTexas
2021-22Kansas, BaylorKansas
2020-21BaylorTexas
2019-20KansasCancelled
2018-19Kansas State, Texas TechIowa State
2017-18KansasKansas
2016-17KansasIowa State
2015-16KansasKansas
2014-15KansasIowa State

Big 12 basketball FAQs

What school is the 2025 Big 12 odds favorite? 

Big 12 basketball odds show Houston (-1350) as the betting favorite to win the regular-season conference title. The school's odds imply a 93.1% probability. 

What team won the 2024 Big 12 Tournament last year?

Iowa State upset favorite Houston with a 69-41 win to claim the Big 12 Tournament title last year. The Cyclones entered the tournament with odds as high as +430, which implied a probability of 18.87%, according to our odds converter.  

When and where is the 2025 Big 12 Tournament?

The 2025 Big 12 men's basketball tournament will be played at T-Mobile Center in Kansas City, Missouri. It will be held March 11 - 15.

What team won the Big 12 regular-season title last year?

Houston won the Big 12 title last season, finishing with a 15-3 conference record during its first year in the Big 12.

March Madness betting odds pages

March Madness OddsWooden Award OddsACC OddsBig 12 OddsBig Ten Odds
Final Four OddsMarch Madness MVP OddsBig East OddsPac-12 OddsSEC Odds

Here are our best March Madness betting sites:

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* Bonuses not applicable in Ontario.

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Written By:
C Jackson Cowart
C Jackson Cowart is a publishing editor and lead writer for Sportsbook Review. An award-winning writer, reporter, and editor with a decade of sports media experience, "C-Jax" has worked with ESPN, Forbes, theScore, and various daily newspapers before joining the Sportsbook Review team. He's a proud graduate of the University of North Carolina, where he served as a beat writer for the Tar Heels' championship run through the NCAA men's basketball tournament in 2017. Jackson has spent the last five years covering sports betting as a predictive analyst, features writer, and industry reporter. Since joining the team in 2023, he's played a key role in Sportsbook Review's coverage of the Super Bowl, March Madness, and NBA playoffs while serving as the lead writer for the growing WNBA and NASCAR betting scenes. Though he's cashed some big bets over the years -- including Lamar Jackson to win MVP (twice) -- he's still haunted by enough second-place bet slips to wallpaper his home office. While Jackson is a committed "process over results" bettor with a keen eye for advanced stats and subtle bias in futures markets, he also embraces sports betting as a vehicle for entertainment and personal investment. He's written about everything from hot dogs to groundhogs and still hasn't forgiven his "inside source" for a sabotaged bet on the Gatorade color in Super Bowl LV.