College Football Championship Odds & Favorites 2025: Ohio State Favorite; Georgia Rises
While the college football championship odds haven't seen major movement coming out of Week 12, there is one clear riser.
Among the highlights:
- Thanks to Georgia's 31-17 win over Tennessee, the Bulldogs' odds shortened from +700 to +490
- The loss knocked the Volunteers from +2100 to +4000 and put their College Football Playoff odds in serious jeopardy
- After handling business against Northwestern, Ohio State (+320) remains the atop the oddsboard
- The No. 1 team in both the AP Top 25 and CFP rankings, Oregon's odds lengthened from +420 to +440 after the Ducks struggled against Wisconsin
- With Heisman Trophy odds favorite Travis Hunter carrying Colorado to a win over Utah, the Buffaloes odds shortened from +7000 to +5000
With the College Football Playoff rankings coming out weekly for the next month and so much parity this season, the championship odds at our college football betting sites will likely continue to shift.
College football championship odds 2025
College football championship odds from our best sports betting apps; last updated Nov. 17
| Team | Odds (FanDuel) | Implied probability | Profit ($10 bet) |
|---|---|---|---|
| Ohio State | +320 | 23.81% | $32 |
| Oregon | +440 | 18.52% | $44 |
| Georgia | +490 | 16.95% | $49 |
| Texas | +550 | 15.38% | $55 |
| Alabama | +850 | 10.53% | $85 |
| Ole Miss | +1000 | 9.09% | $100 |
| Penn State | +1800 | 5.26% | $180 |
| Notre Dame | +2000 | 4.76% | $200 |
| Indiana | +2500 | 3.85% | $250 |
| Miami | +3500 | 2.78% | $350 |
College football championship favorites 2025
Ohio State (+320)
After Ohio State's one-point loss to Oregon and poor showing against Nebraska, the Buckeyes look like they may finally live up to the preseason hype as national championship contenders.
Ryan Day is best known for losing high-leverage games to top-notch programs, but he led Ohio State to a 20-13 road win over Penn State in Week 10 to give the program one of the best wins of the season.
Ohio State followed it up by hammering Purdue with a 45-0 win and taking care of Northwestern 31-7. More importantly, Will Howard finally looks like he's living up to his billing as a potential top senior QB prospect in the NFL draft.
Those wins cut the Buckeyes' odds down to +320 at all of our best sports betting sites - paying a $32 profit on a $10 winning bet. And it showed why Ohio State's loss to the Ducks was never a reason to bail on the Buckeyes if you went into that matchup believing in them.
Ohio State is ranked No. 1 in SP+ and No. 1 on defense, and this price will likely only get shorter. So while I don't love how short these odds are in a season where there appears to be no dominant team, it's a worthwhile bet with the way the Buckeyes have played as of late.
I firmly believe Ohio State is one of just four programs that can win the title this season and the Buckeyes' top-10 matchup with Indiana on Saturday could shorten these odds significantly with a win.
Best odds: +320 via Caesars | Implied probability: 23.81%
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Oregon (+440)
Why is Oregon's best price +475 when Ohio State is listed at +320? The Ducks own one of the two best wins of any team in the country and moved the ball at will against what was considered the top defense in the nation.
That looks even better now with Ohio State's win over Penn State.
Sure, Dan Lanning's team felt like it wasn't playing up to its potential through the first six weeks of the season, but beating the Buckeyes was impressive enough for this price to shorten further than it did.
And if that win wasn't convincing enough, Oregon hammered a ranked Illinois program in Week 9, handled business on the road against Michigan in Week 10, and walked all over Maryland in Week 11. Obviously, the 16-13 win over Wisconsin on Saturday was less impressive, but it's never easy to play at Camp Randall and the defense was stellar.
The Ducks' offense is still No. 3 in SP+ and despite struggling against the Badgers, Gabriel had been on a heater and Jordan James is running like a madman against Big Ten programs. The issues with the offensive line from earlier in the year appear to have been fixed.
While we still need more data, at this point I feel as if Ohio State and Oregon are the two best teams in the country. And the Ducks will most likely see Ohio State again in the Big Ten Championship.
Oregon's only game left is against Washington, and the Ducks will be double-digit favorites. So, if you liked what you saw from this group against the Buckeyes, back this price with it paying a $47.50 profit on a $10 winning bet - it's the best value among the top contenders.
Best odds: +475 via DraftKings | Implied probability: 17.39%
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Georgia (+490)
Feeling confident in any teams other than Oregon and Ohio State at this point is tough. The SEC is just eating itself alive, which will surely lead to the College Football Playoff selection committee putting more SEC teams into the CFP than they deserve.
With that said, Kirby Smart's team just looked like the Georgia we're used to after bullying Tennessee on Saturday. The win was the first time all season that Carson Beck looked like the QB who was touted as the potential No. 1 pick in the NFL draft.
So while the Bulldogs have lost to Ole Miss and Alabama this season, I still lean taking Georgia to win the SEC and earn a CFP bye. We've seen Smart win two national championships, and his two losses this season have come to teams ranked in the top 10 on the road.
He also led Georgia to a win on the road over former No. 1 Texas. That's probably the second-best win of the season after Oregon's victory over Ohio State. And at the end of the day, when Georgia is healthy, this roster can compete with any team in the country.
With games against UMass and Georgia Tech to close out the regular season, these odds will likely be closer to Ohio State's by the end of November - for now a $10 winning bet pays an $50 profit.
And I just can't give up on a team full of potential top-60 picks on its defense, an NFL-level running back, a QB who has the talent to be among the best in the SEC, and an offensive line that moves opponents when it's healthy.
Best odds: +500 via bet365 | Implied probability: 16.67%
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My college football championship team to watch
Texas (+550)
Texas' odds probably never should have been as short as they were prior to the Georgia game (+350). This season just doesn't have a clear juggernaut. The Longhorns are the perfect example of why I don't think it's a good play to back any team that's shorter than +400 at this point.
Georgia, Alabama, and Texas have all been ranked the No. 1 team in the country, and all have had odds shorter than +400 to win the title. Each one of them lost.
That's why the best time to bet a team to win it all is after a loss against a high-quality opponent. While the loss to the Bulldogs was ugly, and both Vanderbilt and Arkansas played Texas tough, the Longhorns are still one of the best teams in the country and showed it against a Florida team that just beat LSU.
Texas is ranked No. 3 in SP+ and one of only two teams to rank top five in both offense and defense. The Longhorns have NFL talent all over both sides of the ball and Ewers has had some bright moments in recent weeks.
That's why I think if you went into the Georgia game expecting Texas to win it all, its loss shouldn't change much for you - and now a $10 winning bet pays a $55 profit at FanDuel.
While Texas does have a tough regular-season finale at Texas A&M, if the Longhorns win their final two games they'll be set to play in the SEC Championship. A win in the conference title would earn them a bye in the CFP.
Best odds: +550 via FanDuel | Implied probability: 15.38%
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AP Top 25 college football poll Week 11
| Ranking | Team | Record |
|---|---|---|
| 1 | Oregon | 11-0 |
| 2 | Ohio State | 9-1 |
| 3 | Texas | 9-1 |
| 4 | Penn State | 9-1 |
| 5 | Indiana | 10-0 |
| 6 | Notre Dame | 9-1 |
| 7 | Alabama | 8-2 |
| 8 | Georgia | 8-2 |
| 9 | Ole Miss | 8-2 |
| 10 | Tennessee | 8-2 |
| 11 | Miami | 9-1 |
| 12 | Boise State | 9-1 |
| 13 | SMU | 9-1 |
| 14 | BYU | 9-1 |
| 15 | Texas A&M | 8-2 |
| 16 | Colorado | 8-2 |
| 17 | Clemson | 8-2 |
| 18 | Army | 9-0 |
| 19 | South Carolina | 7-3 |
| 20 | Tulane | 9-2 |
| 21 | Arizona State | 8-2 |
| 22 | Iowa State | 8-2 |
| 23 | UNLV | 8-2 |
| 24 | Illinois | 7-3 |
| 25 | Washington State | 8-2 |
Week 12 didn't see much movement at the top of the AP Top 25. However, two top-10 teams lost, which led to a lot of change outside of the top five.
Tennessee's loss to Georgia pushed the Volunteers down four spots to No. 10. And BYU's loss to Kansas knocked the Cougars down seven spots - the furthest fall of any team this week.
Those two losses allowed Notre Dame, Alabama, Georgia, Ole Miss, Miami, Boise State, and SMU to all move up at least one spot. Meanwhile, Washington State's loss to New Mexico pushed the Cougars down six spots and allowed several teams to move up.
Teams that jumped up include Colorado, South Carolina, and Tulane. Inexplicably, Army fell two spots despite being on bye in Week 12. New teams to the rankings include Arizona State, Iowa State, UNLV, and Illinois.
Boise State, Army, Tulane, and UNLV are the only three Group of Five teams in the Top 25, with all four looking poised to make a push for the G5 College Football Playoff spot.
How to bet on the college football championship
When betting on college football championship odds, first, choose a reputable sportsbook that offers college football futures. Check out the odds for different teams; for example, if Alabama has +300 odds and Ohio State has +600, a $100 bet on Alabama 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 Alabama 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, its 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.
How to read college football championship odds
Reading college football 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 Alabama has +300 odds and Ohio State has +600 odds, Alabama is considered more likely to win. If you bet $100 on Alabama and they win, you’d get $400 back ($300 profit + $100 stake).
2025 college football championship odds over time
Latest odds via DraftKings.
| Team | Opening odds (Jan. 9) | Oct. 11 | Nov. 17 |
|---|---|---|---|
| Georgia | +350 | +500 | +500 |
| Alabama | +550 | +650 | +800 |
| Ohio State | +800 | +280 | +320 |
| Texas | +900 | +400 | +500 |
| Michigan | +900 | +30000 | OFF |
| Oregon | +1000 | +1000 | +475 |
| Ole Miss | +1100 | +1800 | +1100 |
| LSU | +1600 | +5000 | OFF |
| Clemson | +2000 | +2200 | +5000 |
| Florida State | +2000 | OFF | OFF |
| Notre Dame | +2500 | +4000 | +1800 |
| Penn State | +2500 | +1800 | +2000 |
| Oklahoma | +3000 | +18000 | OFF |
| USC | +3000 | +10000 | OFF |
| Texas A&M | +4000 | +5500 | +10000 |
| Missouri | +5000 | +10000 | OFF |
| Tennessee | +5000 | +1800 | +4500 |
| Louisville | +8000 | +30000 | OFF |
| Miami | +8000 | +2200 | +4000 |
| Utah | +8000 | +9000 | OFF |
| Washington | +8000 | +40000 | OFF |
| Wisconsin | +8000 | +50000 | OFF |
| Auburn | +10000 | +100000 | OFF |
| Kansas State | +10000 | +9000 | +25000 |
| North Carolina | +10000 | +100000 | OFF |
| Colorado | +20000 | +30000 | +5000 |
College football championship past winners
| Year | Team | Preseason odds |
|---|---|---|
| 2024 | Michigan | +800 |
| 2023 | Georgia | +350 |
| 2022 | Georgia | +600 |
| 2021 | Alabama | +300 |
| 2020 | LSU | +2500 |
| 2019 | Clemson | +400 |
| 2018 | Alabama | +250 |
| 2017 | Clemson | +700 |
| 2016 | Alabama | +700 |
| 2015 | Ohio State | +4000 |
| 2014 | Florida State | +1600 |
Most college football championships by school
| School | Championship wins | Most recent win |
|---|---|---|
| Yale | 18 | 1927 |
| Alabama | 16 | 2020 |
| Princeton | 15 | 1922 |
| Notre Dame | 13 | 1988 |
| Michigan | 10 | 2023 |
| USC | 9 | 2004 |
| Harvard | 8 | 1919 |
| Ohio State | 8 | 2014 |
| Oklahoma | 7 | 2000 |
| Minnesota | 6 | 1960 |
College football championship FAQs
Who is the CFP National Championship favorite?
Ohio State is the favorite by the 2025 college football championship odds. The Buckeyes' shortest odds (+320) imply a 23.81% probability they'll win it all according to our odds calculator.
Who won the CFP National Championship last year?
The Michigan Wolverines won their first title since 1997 by defeating the Washington Huskies in the 2024 national championship.
When will the CFP National Championship be decided?
The 2025 CFP National Championship will be decided on Monday, Jan. 20.
Where will the CFP National Championship take place?
The 2025 college football championship will be played at Mercedes-Benz Stadium in Atlanta, Ga.
Who has won the most college football championships?
Yale has won the most college football championships with 18. Alabama ranks second with 16 total victories, and the Crimson Tide's three championships in the college football playoff era also stand as the most.
When does the College Football Playoff start?
The 2025 College Football Playoff starts with the first round on Dec. 20 and 21, with games being played at the campus of the higher seed. The quarterfinals will then be played across the Fiesta, Peach, Rose, and Sugar Bowl on Dec. 31 and Jan. 1.
The semifinals take place Jan. 9 and 10 at the Orange and Cotton Bowl before the CFP National Championship game on Jan. 20 at Mercedes-Benz Stadium in Atlanta, Ga.
How many teams make the College Football Playoff?
Previously only four teams were selected for the College Football Playoff, but this season the playoff will expand to 12 teams. The top five ranked conference champions will be automatic qualifiers for the playoff along with seven at-large teams, decided by the College Football Playoff selection committee.
The top four conference champions will receive a first-round bye in the playoff.
College football odds pages
| College Football Championship Odds | SEC Odds | Big 12 Odds | Bowl Season Odds & Info |
| Heisman Trophy Odds | Big Ten Odds | Pac-12 Odds | |
| College Football Playoff Odds | Mountain West Odds | ACC Odds |
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