Pac-12 Football Championship Odds
The 2023 installment of the Pac-12 Championship was the final title game as the conference lost most of its members due to conference realignment.
The remaining two schools - Oregon State and Washington State - make up what's left of the conference and have aligned with the Mountain West for a scheduling deal but they won't be eligible for the MWC Championship.
PAC-12 CHAMPIONSHIP GAME RESULTS
The 2023 Pac-12 Championship took place on Friday December 1, 2023 at Allegiant Stadium from Las Vegas, Nevada and bettors watched the Washington Ducks defeat the Oregon Ducks 34-31.
| Year | Matchup | Line | Score | ATS Result |
| 2023 | Oregon-Washington | Oregon -9.5 (65.5) | Washington 34-31 | Underdog-Over |
| 2022 | Utah-USC | USC -3 (68) | Utah 47-24 | Underdog-Over |
| 2021 | Utah-Oregon | Utah -3 (57.5) | Utah 38-10 | Favorite-Under |
| 2020 | USC-Oregon | USC -3 (65) | Oregon 31-24 | Underdog-Under |
| 2019 | Utah-Oregon | Utah -6.5 (45) | Oregon 37-15 | Underdog-Over |
| 2018 | Utah-Washington | Washington -4.5 (45.5) | Washington 10-3 | Favorite-Under |
| 2017 | Stanford-USC | USC -3.5 (58.5) | USC 31-28 | Underdog-Over |
| 2016 | Washington-Colorado | Washington -8.5 (55.5) | Washington 41-10 | Favorite-Under |
| 2015 | Stanford-USC | Stanford -4.5 (59) | Stanford 41-22 | Favorite-Over |
| 2014 | Oregon-Arizona | Oregon -14.5 (72.5) | Oregon 51-13 | Favorite-Under |
| 2013 | Stanford-Arizona State | Arizona State -3 (53.5) | Stanford 38-14 | Underdog-Under |
| 2012 | Stanford-UCLA | Stanford -8 (44) | Stanford 27-24 | Underdog-Over |
| 2011 | Oregon-UCLA | Oregon -31 (66.5) | Oregon 49-31 | Underdog-Over |
PAC-12 BETTING HISTORY RESULTS & NOTES
| Wager | Straight Up (SU) | Against The Spread (ATS) | Total |
| Results | 8-5 | 6-7 | 5-8 |
HISTORY - BETTING NOTES
- The North is 10-3 all-time versus the South
- The point-spread has mattered -- Underdogs 7-6 ATS, despite 5-8 SU record
- Washington (2023), Oregon (2019, 2020), Stanford (2013), and Utah (2022) were underdogs to capture upsets
- Seven games decided by double-digit margins
- California, Oregon State, Washington State are the only schools not to play in the title game
PAC-12 CHAMPIONSHIP HISTORICAL NOTES
The underdog covered in each of the first three Pac-12 title games, even though the favorite won outright in each instance.
Oregon closed as a 31-point home favorite over UCLA in the inaugural Pac 12 championship in 2011, as the Ducks topped the Bruins, 49-31. UCLA did not own the best record in the South division, as USC could not participate in the game due to NCAA sanctions.
The Bruins qualified for the game in 2012 by owning the top mark in the South division, but fell to Stanford, 27-24 as eight-point underdogs. The 'over' cashed each time, including this past season on a 44 total, which is unusually low for a Pac 12 contest.
Starting in 2014, the game was moved to a neutral site in Santa Clara, California at the home of the San Francisco 49ers, Levi's Stadium.
In 2016, Washington routed Colorado to become the first team other than Oregon or Stanford to take home the championship hardware, and the Huskies became the first team in the game's history to have a pair of 100-yard running backs.
USC finally won its first Pac-12 championship game in 2017 by holding off Stanford, 31-28, avenging a 2015 defeat to the Cardinal by 19 points.
In 2018, Washington held off Utah 10-3 in the lowest-scoring battle in the conference title game's brief history. The Huskies earned a trip to the Rose Bowl for the first time since 2000, while the Utes showed well in their first-ever Pac-12 Championship appearance.
In 2019, Utah made its second consecutive trip to Levi's Stadium in Santa Clara, and the results were as equally disappointing as last season. Oregon flew out of the chute and never allowed Utah to get back into the game, winning 37-15 to cash as a near-touchdown underdog. With the win, Oregon joined Stanford as the only three-time winner of the game.
In the pandemic-riddled season of 2020, Washington was the winner of the Pac-12 North, but couldn't field a healthy team for the championship. So Oregon took Washington's spot in the game and picked up its second consecutive conference title by downing USC, 31-24 as three-point underdogs.
Utah avenged a 2019 loss to Oregon, routing the Ducks 38-10 to capture their first-ever Pac-12 title. It was a rare win for the Pac-12 South, taking a title for just the second time in 11 championship games.
The 2023 Pac-12 Championship witnessed the largest upset as Washington (+9.5) upended Oregon with a 34-31 victory.
WHAT IS THE PAC-12 CHAMPIONSHIP?
The Pac-12 conference welcomed in Utah and Colorado prior to the 2011 season, as the league debuted its conference championship that season.
The league split into two divisions with the North consisting of California, Oregon, Oregon State, Stanford, Washington, and Washington State, while the South displays Arizona, Arizona State, Colorado, UCLA, USC, and Utah. The venue for the championship game changes each season as the division champion with the best record hosted the contest from 2011-13.
From 2014 to 2019, Levi's Stadium in Santa Clara, California hosted the championship game. The conference has changed the venue to the Allegiant Stadium in Las Vegas, Nevada which is the new home of the NFL's Las Vegas Raiders.
Stanford and Oregon have both won the Pac-12 championship three times while Washington is the only other school with multiple titles (2).
2024 PAC-12 TEAMS
HOW TO READ FUTURES ODDS
American: USC +200
Fractional: USC 2/1
Decimal: USC 3.00
Implied Probability: USC 33.33%
Bettors placing a $100 wager USC would win $200 (Bet $100 to win $300), which includes your $100 stake.
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