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The Oregon Ducks celebrate their victory over the Colorado Buffaloes after the championship game in the Pac-12 basketball tournament.
The Oregon Ducks celebrate their victory over the Colorado Buffaloes after the championship game in the Pac-12 basketball tournament at T-Mobile Arena on March 16, 2024 in Las Vegas, Nevada. The Ducks defeated the Buffaloes 75-68. Photo by David Becker/Getty Images via AFP.

Oregon beat Colorado to win the conference championship as a long shot by the Pac-12 Tournament odds, according to the college basketball odds.

Entering this week, our best sportsbooks all had Arizona as the clear favorite to win its third consecutive Pac-12 Tournament title. Then, as we've come to expect this season, chaos reigned supreme.

The Wildcats lost in the semifinal to Oregon (23-11), which beat Colorado in the tournament final to win its first Pac-12 Tournament since 2018-19. The Ducks also punched their ticket to the NCAA Tournament to keep their March Madness odds alive.

The result likeky knocked Arizona out of contention for a No. 1 seed, though the Wildcats remain among the favorites by the best March Madness betting sites and could remain among the most popular college basketball picks heading into March Madness.

2024 Pac-12 Tournament odds

(Odds as of March 11)

TeamDraftKingsFanDuelBetMGMCaesarsbet365
Arizona-160 -150 🔥-165 -170 ❄️-160
Colorado+500 +480 ❄️+500+525 🔥+500
Washington State+700+700 +600+600+600
Oregon+1000+1100 +1400 🔥+1100+1000 
Utah+1500+1700 🔥+1400 ❄️+1600 +1600
Washington+3000+3000   +4000 🔥+3000+3300
USC+3500 🔥+2200 +1400 ❄️+2200+2800
UCLA+4500+4000+4000+4500 +5000 🔥
Stanford+6500 +6000 ❄️+8000+8000+6600
California+13000 🔥+10000+10000 +12500+12500
Arizona State+16000 🔥+15000 +15000+15000+15000
Oregon State+35000 🔥+25000+25000+25000 +25000

Arizona entered the Pac-12 Tournament as the odds-on favorite, but Oregon pulled off a stunning run to the final and beat Colorado on Saturday to clinch the tournament title - securing a spot in the NCAA Tournament along the way.

Expect the odds for the 2025 Pac-12 Tournament to release sometime in early March in the days ahead of next season's conference tournament. Pac-12 regular-season odds will be posted sometime this summer.

2024 Pac-12 Tournament bracket

The Pac-12 men
The Pac-12 men's basketball championship tournament bracket (via the Pac-12 Conference).

Recent Pac-12 basketball winners

YearRegular seasonTournament
2023-24ArizonaOregon
2022-23UCLAArizona
2021-22ArizonaArizona
2020-21OregonOregon State
2019-20OregonCancelled
2018-19WashingtonOregon
2017-18VacatedArizona (vacated)
2016-17OregonArizona (vacated)
2015-16OregonOregon
2014-15ArizonaArizona

Pac-12 basketball FAQs

Who won the Pac-12 Tournament this year?

Oregon beat Colorado to win the Pac-12 Tournament for the first time since 2018-19. The Ducks entered the tournament with as high as +1400 odds, which implied a probability of 6.67% according to our odds converter.  

Who won the Pac-12 Tournament last year?

Arizona won the 2023 Pac-12 Tournament, upsetting No. 2 seed UCLA with a 61-59 win to repeat as tournament champions.

Who won the Pac-12 regular-season title?

Arizona won the Pac-12 title in the 2023-24 regular season, finishing with a 15-5 conference record to end up one game ahead of Washington State.

When will the 2024-25 season start?

The 2024-25 college basketball season will start sometime in early November. The Pac-12 schedule will start sometime in early December.

March Madness betting odds pages

Here are our best March Madness betting sites:

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