College Football Playoff Odds & National Championship Futures


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College Football Playoff odds for the 2024-25 season are available at top online sportsbooks. It’s a season of change for the CFP format, as the number of teams that will qualify has expanded from four to 12. Following the first eight weeks of the season, Georgia (+360) is the title favorite, followed by Ohio State (+450), Oregon (+500), and Texas (+550). Read on for a closer look at the latest College Football Playoff odds.

College football odds to win the national championship

The table below has the latest odds on the winner of the next college football national championship from online sportsbooks across the country. Clicking any of the odds will take you to the sportsbook where you can place that wager.

Favorites to win the 2024-25 college football national championship

Heading into the season, Georgia topped the board, followed by Ohio State. After eight weeks of play, Georgia has reclaimed the top spot in betting odds following a win over Texas, which dipped to fourth with the defeat. The Buckeyes hold a slight lead over Oregon for second place.

In the latest AP Top 25 poll, the 7-0 Ducks are first. The Bulldogs (6-1) are second, followed by Penn State (6-0), Ohio State (5-1), and the Longhorns (6-1).

Clemson and Tennessee are battling for sixth place in title odds, with both clubs at 6-1. Alabama has dropped into a tie for eighth with Miami. The Crimson Tide are 5-2 after a loss to the Volunteers, while the Hurricanes are 7-0.

At most online betting sites, LSU (+4000), Ole Miss (+4000), and Notre Dame (+5000) are the only other squads with odds of +5000 or less to win the national championship.

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College Football Playoff format changes and recent history

The College Football Playoff started in 2014. Prior to that, college football used the Bowl Championship Series and the BCS national championship game to determine an overall winner each season. The four-team system, in which two bowl games from among the New Year’s Six served as the semifinal games, will give way to a 12-team format beginning with this season, which is important to know when learning how to bet on college football.

The five highest-ranked conference champions will receive automatic bids. The remainder of the field will consist of the seven remaining highest-ranked squads. The clubs will then be seeded from No. 1 to No. 12, with the four top seeds receiving a bye for the first round. The CFP is set to begin on Dec. 20 and conclude with the national championship game on Jan. 20, 2025.

Since the adoption of the playoff format, Alabama, Clemson, and Georgia have been the most dominant teams. Among the three of them, they’ve won seven of the 10 championships, and at least one of those teams has played in eight of the title games.

SeasonDateWinning teamLosing teamOther semifinalists
2014Jan. 12, 2015Ohio StateOregonAlabama, Florida State
2015Jan. 11, 2016AlabamaClemsonOklahoma, Michigan State
2016Jan. 9, 2017ClemsonAlabamaWashington, Ohio State
2017Jan. 8, 2018AlabamaGeorgiaOklahoma, Clemson
2018Jan. 7, 2019ClemsonAlabamaOklahoma, Notre Dame
2019Jan. 13, 2020LSUClemsonOklahoma, Ohio State
2020Jan. 11, 2021AlabamaOhio StateClemson, Notre Dame
2021Jan. 10, 2022GeorgiaAlabamaCincinnati, Michigan
2022Jan. 9, 2023GeorgiaTCUMichigan, Ohio State
2023Jan. 8, 2024MiciganWashingtonAlabama, Texas

SEC teams have been a dominant force in the College Football Playoff era, with six of the 10 champions coming out of that conference. The first and most recent year of the four-team format are the only title games to date that have not featured at least one SEC team.

Best college football championship odds

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Important college football dates

The most recent college football season came to a close on Jan. 8, with Michigan defeating Washington in the national championship game. Below are the important dates to know for the 2024-25 campaign.

College Football Playoff FAQs

How are the teams chosen for the CFP?

Under the most recent format, a selection committee chose the four semifinal teams. That will change in 2024-25, when the five highest-ranked conference champions will get automatic spots in the playoffs, as will the six remaining highest-ranked teams.

Can I bet on the national champion before the qualifiers are announced?

Yes. Futures odds are available prior to the start of the season. Odds will shift as play in the season begins and the potential playoff picture becomes clearer.

Which team has won the most College Football Playoff national championships?

Alabama has won the title three times since the current format began in 2014, more than any other team. Georgia and Clemson have both won twice.

How often does a betting underdog win the national championship game?

The last team to enter the title game as an underdog and win is Clemson, which won the title in 2018 as a five-point underdog against Alabama. Clemson was also a 6.5-point underdog against Alabama in the 2016 title game, and it won that one, as well. The only other team under the current format to win the title game as an underdog is Ohio State, in the first year of the CFP system.