ACC Championship Odds 2024: Miami Favorite; SMU Secures Spot in Championship

The ACC Championship odds are down to three teams, with one having already punched its ticket to the conference title game.

While Miami (-110) is the favorite to win the ACC and earn a bye in the College Football Playoff, it's SMU (+140) that is already locked into playing next Saturday. The Hurricanes have to beat Syracuse to get in or have Clemson (+600) lose to South Carolina.

With Miami and SMU leading the ACC Championship odds at our college football betting sites by a wide margin, it's expected that the two will meet in Charlotte.

ACC Championship odds 2024

ACC Championship odds from our best sports betting apps.

• Miami: Despite the Hurricanes' loss to Georgia Tech ending Cam Ward's Heisman Trophy odds lead, Miami is still the clear favorite to win the ACC
• SMU: The Mustangs have been one of the biggest risers by the College Football Playoff odds and could get in even if they don't win the ACC title
• Clemson: The Tigers started the year as a college football championship odds contender, but now likely need Miami to lose to get a shot at the CFP

2024 ACC Championship favorite

Miami (-110)

In what appears to be the weakest Power 4 conference this season, Mario Cristobal is perfectly positioned to bring the Hurricanes their first ACC title. That's why these odds have hovered between +130 and -130 for the last few weeks.

Even with Miami being upset by Georgia Tech - after narrowly avoiding upsets in previous weeks thanks to Ward's Heisman-level play - the Hurricanes remain the top choice to win the ACC after stomping Wake Forest last week.

All of Cristobal's work in the is paying off with Ward helping Miami become the best offense in the ACC by a mile - it ranks first nationally in . He along with Damien Martinez, Xavier Restrepo, Jacolby George, and Sam Brown have a shot at making some noise in the College Football Playoff.

However, the defense remains an issue, which is why I'm wary of backing the Hurricanes with the odds so short. SMU appears to be the more well-rounded team at this point.

As long as Miami takes care of Syracuse on Saturday, the Hurricanes will get to prove they're better than the Mustangs in the ACC Championship. If they win, a $10 bet pays a $9.09 profit. But I'm not certain that'll happen.

Best odds:  | Implied probability: 52.38%

My ACC Championship team to watch

SMU (+140)

There's not a more underrated team in the country right now than SMU, which is why I loved its +108 odds to make the College Football Playoff last week. But could this team even win the conference and earn a CFP bye? 

I think it's possible with the Mustangs' lone loss this season coming to a BYU team that might win the Big 12. And while SMU is a double-digit favorite vs. California this weekend, it doesn't even have to win to reach the ACC Championship, with it holding the best conference record at 7-0.

If Rhett Lashlee's team wins, it'll be 11-1 and poised to take on Miami in the conference championship. While SMU doesn't have a player of Ward's caliber, this offense is still No. 7 in SP+.

It also has several dynamic playmakers in QB Kevin Jennings, running back Brashard Smith, and wide receiver Roderick Daniels Jr. Plus, the defense has been better than the Hurricanes' thanks to Elijah Roberts and Isaiah Nwokobia.

I'd rather take SMU to win the ACC than Miami with a $10 winning bet paying a $15 profit. The Hurricanes' play has been far too inconsistent for the last month and a half.

Best odds:  | Implied probability: 40%

ACC Championship odds over time

Odds via DraftKings.

ACC Championship odds history

How to bet on the ACC Championship

When betting on ACC Championship odds, first, choose a reputable sportsbook that offers college football futures. Check out the odds for different teams; for example, if Florida State has +300 odds and Miami has +600, a $100 bet on Florida State would win you $300 if they take the championship.

Decide how much you want to wager and place your bet. If you bet $100 on Florida State at +300 and they win, you’ll get $400 back ($300 profit + $100 stake). Keep an eye on team performances throughout the season to see how your bet is shaping up.

Remember, when betting in future markets, the odds will move. It’s mostly about performance and perception. If a team starts playing better or worse than expected, their odds will change. Injuries to key players can significantly impact a team's chances and thus their odds. Transfers and new player acquisitions can also affect a team's championship odds.

Public betting trends play a role too - if a lot of people are betting on one team, sportsbooks might adjust the odds to balance their risk.

Expert analysis and predictions can also influence how people bet, which in turn affects the odds. Understanding these factors helps you make more informed bets and maybe even catch some favorable odds shifts.

How to read ACC Championship odds

Reading SEC Championship odds is straightforward. Odds are usually presented in a format like +300 or -150. Positive odds (i.e., +300) show how much profit you’d make on a $100 bet.

For example, a $100 bet at +300 odds would win you $300, plus your original $100 stake, totaling $400. Negative odds (i.e., -150) indicate how much you need to bet to win $100. So, a $150 bet at -150 odds would win you $100, plus your $150 stake, totaling $250.

These odds also reflect the implied probability of a team winning the championship. Lower odds (i.e., +200) suggest a higher probability of winning, while higher odds (i.e., +1000) indicate a lower probability. Sportsbooks adjust these odds based on factors like team performance, injuries, transfers, and betting patterns.

For example, if Clemson has +300 odds and Virginia Tech has +600 odds, Clemson is considered more likely to win. If you bet $100 on Clemson and they win, you’d get $400 back ($300 profit + $100 stake). Understanding these odds helps you make informed betting decisions and assess potential returns.

ACC Championship FAQs

Who's the favorite to win the ACC Championship?

Miami is the favorite by the 2024 ACC Championship odds. The Hurricanes' shortest odds (-115) imply a 53.49% probability they'll win the conference.

How is the ACC Championship game determined?

The top two teams based on conference winning percentage will play in the ACC Championship game. 

When is the ACC Championship game? 

The ACC Championship game will be played Saturday, Dec. 7 at Bank of America Stadium in Charlotte, N.C.

Who won the ACC Championship last year?

The Florida State Seminoles recorded a 16-6 win over the Louisville Cardinals in the 2023 ACC Championship game.

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