2023 BIG 12 CBB Tournament | Best Bets, Promos and Odds

The Big 12 Tournament is consistently one of the most exciting conference tournaments in college basketball. With several elite teams set to take the floor in Kansas City this year, the 2023 edition of the event will be no exception. Here, we look at the best Big 12 Tournament sportsbook promos and break down the tournament field for what should be a great few days of action on the hardwood.

Best Big 12 Tournament Betting Bonus Offers

Recommended Big 12 Tournament Betting Promo

When betting on your favorite Big 12 team, we recommend taking advantage of the Caesars Sportsbook new player offer. When you create a new account using the promo code ATSBONUSFULL, your first bet is on Caesar. This means that if you register a new account, make a deposit of at least $20, and place a bet on any BIG 12 team, you will get up to $1,250 in bonus bets back if that bet comes up a bit short.

2023 Big 12 Tournament Betting Odds

The field for this year’s Big 12 Tournament is absolutely loaded, as around half the league will be in the top-25 in the college basketball rankings by the time the conference tournament tips off. Regular season champion Kansas will headline the list of favorites to win the tournament, as we look at the odds to win this year’s Big 12 tourney.

Team	Odds to Win Tournament
Kansas (#3)	+250
Texas (#8)	+300
Baylor (#9)	+400
Iowa State (#23)	+850
TCU (#24)	+1000
Kansas State (#14)	+1350
Oklahoma State	+2000
West Virginia	+2000
Texas Tech	+4000
Oklahoma	+9000

Where is the 2023 Big 12 Tournament Taking Place?

The 2023 Big 12 Tournament is set to take place at the T-Mobile Center in Kansas City, MO. This has been the site of the tournament since the 2010 edition of the event, when the venue was known as the Sprint Center. Kansas City has been the home of this event for the vast majority of its history, with 20 of the 25 single-site Big 12 tournaments taking place in KC.

Unsurprisingly, the Kansas Jayhawks have dominated the tournament during the last decade and change in Kansas City, winning it six times in that span. But the Iowa State Cyclones have won it five times during that period of time, putting together some very impressive teams in their own right. It will take a great performance from any team to win this tournament, given the quality in this conference this year.

2023 Big 12 Tournament Schedule

The Big 12 Tournament will run from March 8-11, 2023. Here is a breakdown of which games will take place on which days, in a tournament where nine total games will happen over the course of four days.

• March 8: First round (2 games)
  • 8 seed vs. 9 seed
  • 7 seed vs. 10 seed
• March 9: Quarterfinals (4 games)
  • 4 seed vs. 5 seed
  • 1 seed vs. 8/9 winner
  • 2 seed vs. 7/10 winner
  • 3 seed vs. 6 seed
• March 10: Semifinals (2 games)
• March 11: Final (1 game)

Big 12 Teams To Watch

There are six or so teams with a realistic chance to win the Big 12 Tournament this year, with a ton of talent throughout the league. With several top-15 teams in the country going into conference tournament time, the list of teams to watch in this conference is about as long as the list of teams that do not have much of a chance to win the league title.

Kansas Jayhawks

As per the norm, the Kansas Jayhawks come into this tournament as the top seed going in. They are peaking at the right time late in the season, putting together an impressive winning streak into the final week of the regular season. Having won last year’s national championship, it is clear that Bill Self’s team is no stranger to success both here and in other forms of tournament play, and that makes Kansas a justified favorite.

Texas Longhorns

It has been a wild year for the Texas Longhorns, as they had to let go of their head coach early in the season. But they have still played incredibly well, and find themselves in the upper echelon in the Big 12. The question for Texas is whether they can do enough away from their home floor, which has been something of a sanctuary for them this year, in order to make a deep enough run to win the Big 12 and boost their NCAA Tournament seeding.

Baylor Bears

The Baylor Bears are one of the more volatile teams in the Big 12. When they are at their best, they are nearly impossible to beat. But they are susceptible to long scoring droughts, as we saw during their second half meltdown against Kansas on the road. In a venue that will likely be very pro-Kansas, Baylor has to figure out a way to avoid any lapses to complete a conference tournament triumph.

Kansas State Wildcats

Kansas State has one of the best home court advantages in all of college basketball, which they will not have during this tournament. Out of the top contenders in this tournament, the Wildcats likely have the most to prove. They will need a huge week from Keyontae Johnson to win this tournament, as Johnson is shooting over 50% from the field while leading the Wildcats in scoring this year.

TCU Horned Frogs

TCU is something of a wild card in the Big 12 Tournament, thanks in large part to the return of Mike Miles. Miles is one of the best players in the conference when healthy, and TCU is playing much better basketball now that he is back on the floor after a knee injury sidelined him for part of the season. They could be a real threat, even if their record is inferior to that of the teams listed above going into conference tournament time.

Iowa State Cyclones

Iowa State is more of a fringe contender than the other teams listed here going into the Big 12 Tournament. But they are a very tough team to score on, allowing a league-best 62.3 points per game. They are allowing over 4.0 points per game less than any other team in the Big 12, and that defensive tenacity will make them a tough out in Kansas City.

How to Bet on the 2023 Big 12 Tournament

There are several ways to wager on the Big 12 Tournament, as sportsbooks will have a large number of betting markets posted throughout the week of action in Kansas City. Here, we will look at those key betting markets, so you know what to expect when you open your preferred sportsbook to bet on this event.

Moneyline Betting 

Betting on the moneyline is the act of simply betting on which team will win a game during the Big 12 Tournament. When betting on the moneyline, the margin of victory is not important, as the only goal is to predict which team will win each game. With this market, bettors have to risk more to back the teams that are favored in each game, while underdogs carry lower risk for the same payout.

Point Spread Betting 

Spread betting is a little different than moneyline betting, as a point spread is applied to the site a bettor wagers on. Betting on a favorite results in points being subtracted from that team’s score, while backing the underdog means points are added on. Either way, the goal is to have the higher score after that point spread is applied to the game.

Totals Betting 

Totals betting is commonly referred to as over/under betting, which refers to wagering on the amount of scoring that takes place in each Big 12 Tournament game. In this market, sportsbooks will set a point total for each game, and bettors will wager on whether they think the total score will go over or under that amount. These bets can be made on the combined score of both teams, or individual teams.

Prop Betting 

Prop bets are wagers that do not have anything to do with the result of a game or the total score. Instead, they are bets on small components of a Big 12 Tournament game, such as the statistical performances of individual players or whether a game will go to overtime. These can make betting on even the biggest mismatch a lot more exciting, as props do not concern who will win and by how much.

Parlay Betting 

Parlay betting is a popular way to put a little money on a bet, with the hope of winning a huge payout. With parlays, bettors can put together a betslip consisting of multiple Big 12 Tournament wagers. All of those wagers need to win in order for the entire parlay ticket to be graded a winner, with potential payouts increasing with each leg added to a parlay ticket.

Futures Betting 

Futures bets are perfect for conference tournaments, as bettors are tasked with simply picking which team they think will win the entire Big 12 Tournament. Since teams need to win multiple games to win this event, the odds are much more generous than they are for single games, making this an attractive betting market.

Big 12 Tournament Betting Strategy

Every college basketball bettor has their own strategy when it comes to how to wager on events like the Big 12 Tournament. But no matter what your individual strategy is, there are a few strategic cornerstones that can help every bettor derive more value from the betting markets when wagering on this event.

Research Previous Matchups

Every team plays against one another during conference play in the Big 12. That means we have at least one previous matchup to look back on before each game of the Big 12 Tournament. Bettors should look back at those games to figure out where each team has advantages and disadvantages going into each contest, which can help determine which teams have the edge in Kansas City.

Don’t Fear Underdogs

Remember, these teams have played very few neutral site games this season, with teams from power conferences playing the bulk of their non-conference games at home. Because of that, underdogs may have more life than usual without the risk of being shouted down by a partisan crowd. At the very least, bettors should not rule out the possibility of neutral site upsets during this tourney.

Please Bet Responsibly

No matter what your preferred betting strategy is, the most important thing bettors can do is bet responsibly throughout the Big 12 Tournament. Bettors should set a budget and stick to it, betting the same amount on each game to smooth out the potential impacts of variance throughout each game. Doing this will guarantee that your college betting stays fun from start to finish, which should be the primary objective.

2023 Big 12 Tournament Best Bets

It is always going to be appealing to bet on Kansas to win the Big 12 Tournament, but there may be some value elsewhere this time around. The Texas Longhorns have shown themselves capable of beating some of the best teams in college basketball this year, and they have a real chance to break through and win the conference crown here. TCU is also intriguing as a relative longshot among the league’s elite teams, but Texas is the best bet for this event.

Big 12 Tournament History

The Big 12 Tournament has been taking place since 1997, with the majority of those tournaments taking place in Kansas City, MO. This tournament has been won by just six teams all-time, with the Kansas Jayhawks dominating the proceedings for the most part. They have won this tournament 12 times, more than double the next best team in that department, which is Iowa State with five tournament championships.

The dominance of Kansas in this tournament is a huge part of its history, with the Jayhawks winning 79.7% of their games at this event all-time. No other team has won 60% of their games in Big 12 tourney play. With future pros like Paul Pierce and Marcus Morris winning tournament MVP honors for Kansas in the past, it is not hard to see why the Jayhawks are always in the mix to win this tournament.