Michigan Wolverines featured in our CFB national championship odds

College Football Championship Odds: Coaching Changes Drop Michigan & 'Bama On Oddsboard

The Michigan Wolverines took home their first title since 1997 with a 34-13 win over the Washington Huskies. Then, when celebrations settled down, realization hit. Jim Harbaugh is moving on to coach in the NFL and plenty of the dominant roster is going with him and declaring for the draft. 

Despite making history, Michigan sits just inside the top five to reclaim the title next year. 

2024 College Football National Championship Odds

Odds to Win the 2024-25 National Championship
TeamOdds
Georgia Bulldogs+350
Alabama Crimson Tide+1100
Ohio State Buckeyes+550
Texas Longhorns+700
Michigan Wolverines+1600
Oregon Ducks+800
LSU Tigers+1400
Ole Miss Rebels+1600
Florida State Seminoles+2200
Clemson Tigers+3500
Penn State Nittany Lions+3300
Notre Dame Fighting Irish+3300
USC Trojans+3000

Odds as of February 2

College Football National Championship Betting Picks

We know it's early but with plenty of movement in the transfer portal, established reputations and a brand-new CFP bracket, we've got enough to go off of in terms of odds.

kirby smart's reputation keeps him on top

Despite going 32-2 over the last three seasons, the committee kept Georgia out of the postseason this year once its streak was snapped by Alabama. However, Kirby Smart's success of winning back-to-back championships the two seasons prior gives him automatic credit.

Also, don't forget that the 2024 season introduces an exciting 12-team format. Which makes the route through the playoffs a bit more flexible for notable programs. 

Luckily, QB Carson Beck will be returning to his Dawgs, too. That keeps a key position pretty stable on the field and we saw the steady signal-caller look steady as the season progressed.

alabama always a contender... always

It's no surprise that programs like Georgia, Alabama and Ohio State take up the first three spots. They always do. 

The Tide's locker room doesn't have to change with nearly every player having remaining eligibility. It's just a matter of if they want to return. But, theres one spot that will be tough to fill. After 17 seasons, Nick Saban is hanging it up to enjoy retirement. Kalen DeBoer has landed in Tuscaloosa hoping to continue the legacy. Saban is doing what he can to make the transition easier on the management and team, still showing face whenever possible. 

Good news, though! Jalen Milroe will be back on the field. The six-foot-two quarterback opened the year as +8000 Heisman Trophy contender and got as close as -185 during the conference championships. 

texas makes itself known

A round of applause for Texas putting up a fight in the Sugar Bowl against Washington. The Longhorns ranked in the nation's top 15 on both sides of the ball, allowing just 18.9 PPG and piling up 35.8 PPG. 

Obviously, Texas' best feature is their quarterback tandem of a polished Quinn Ewers and up-and-coming Arch Manning. Ewers has taken on the leadership role exceptionally well, tossing over 3,400 yards and 29 total touchdowns. However, if it's not clicking, there's promising replacement in a Manning. Steve Sarkisian works magic with his offensive lineup nearly every season. The Longhorns are eager to become a dynasty.

Last 10 College Football National Championship Winners

Last 10 College Football National Championship Winners
YearTeamOpening OddsPostseason Odds
2023Michigan Wolverines+800+185
2022Georgia Bulldogs+200-165
2021Georgia Bulldogs+800-225
2020Alabama Crimson Tide+600-200
2019LSU Tigers+5000+300
2018Clemson Tigers+600+350
2017Alabama Crimson Tide+300+400
2016Clemson Tigers+700+600
2015Alabama Crimson Tide+800+120
2014Ohio State Buckeyes+1000+1500

What Is A Futures Bet For College Football Teams?

When it comes to big events for any sport, you can bet months in advance. In this case, a futures bet is a wager made on which team will win the national championship. Each week, oddsmakers will update the odds to reflect how a squad is doing. If a team is plagued with injuries, their chances of making it to the final game slim down. A surging squad will see their odds skyrocket.

Understanding College Football Championship Odds

When you go to a college football sportsbook, you’ll see the betting lines laid out like this:

  • Georgia +175
  • Alabama +300
  • Ohio State +350

Georgia opens as the fave since the Bulldogs have the lowest odds. The Crimson Tide and Buckeyes are considered underdogs.

If you believe that Georgia has the best chance of winning the championship, and you bet $100 on them, you’d get a payout of $275 – your original $100 is returned along with your winnings of $175. On the other hand, if you’re looking at Ohio State and think they’re going to win it all, that same $100 would give you $450 – you get your $100 back, plus your prize of $350. Our odds calculating tool will show you how much you’d win based on the odds and amount bet.

When you see futures odds that you like, it’s best to jump on them early. As mentioned above, betting sites will adjust the odds as we get closer to bowl season and teams move up and down in the standings.

College Football National Championship FAQ

How are the College Football Playoff teams determined?

In 2014, the NCAA decided to do away with the BCS (Bowl Championship Series) in favor of the modern-day four-team College Football Playoff. A committee of 13 members from the five major conferences selects the four best teams.

Who won the 2022 national championship?

The Georgia Bulldogs (15-0) won the 2022 College Football Playoff National Championship. In the title game, the Bulldogs defeated the TCU Horned Frogs 65-7. Georgia allowed just one touchdown in the first quarter and refused TCU any more points for the rest of the contest. You can see which team is favored to win the 2023 championship game on our futures page.

How do you bet on the national championship?

There are several different ways you can bet on the national championship. The two most common ways are to make a futures bet where you choose the Sportsbook before the teams are determined, or bet on the game itself when the teams are decided. A betting tutorial can help you place a wager.

Back to Top