The race to crown a champion in college football is underway. Early college football National Title betting favorites include Georgia (+230), Michigan (+400) and Texas (+1000.)
View more college football National Championship odds for 2023 – 2024 below.
College Football National Title odds
Check out live college football National Title odds for the 2023 – 2024 season below.
How National Championship odds changed this offseason
Here are how CFB National title odds changed over the past few months.
| College Football Team | College Football National Title odds: Jan. 9 | College Football National Title odds: May 9 |
|---|---|---|
| Georgia | +300 | +220 |
| Ohio State | +700 | +600 |
| Alabama | +700 | +600 |
| Michigan | +800 | +1000 |
| USC | +1200 | +1600 |
| LSU | +2000 | +1600 |
| Florida State | +2000 | +1800 |
| Clemson | +1600 | +2000 |
| Penn State | +2000 | +2000 |
| Texas | +1800 | +2500 |
| Washington | +4000 | +3000 |
| Tennessee | +2000 | +3000 |
| Oregon | +2500 | +3000 |
| Notre Dame | +3000 | +3000 |
| Oklahoma | +4000 | +6000 |
| Utah | +5000 | +6000 |
| Texas A&M | +8000 | +6000 |
| Wisconsin | +12000 | +7000 |
| TCU | +5000 | +10000 |
| North Carolina | +8000 | +10000 |
| Ole Miss | +8000 | +15000 |
| Kentucky | +10000 | +15000 |
| UCLA | +10000 | +10000 |
| Auburn | +10000 | +20000 |
Strategy For Betting Longshots
Rather than listing multiple teams, it’s best to share helpful criteria and hints for looking at longshots. While college football is dominated by the biggest programs (above), we’ve seen longshots make their way into the CFP lately (2022 TCU, 2019 LSU, 2021 Michigan and Cincinnati).
What those teams had were a combination of returning talent, coaching, and a schedule favorable for the Playoff, not necessarily for an easy 12-0. Look for:
- Strong out-of-conference slate
- A returning QB who was good, maybe not great
- Coaching continuity– you rarely see first year coaches in the Playoff
Basics of NCAA football futures
Sports betting is legal in many US States, with more legislation moving towards legalization every day. There are several top sportsbooks with user-friendly apps that are available to serve as a platform for betting on NCAA futures. You will also want to view the best college football betting sites before wagering.
The advice in this article is specified towards sports betting on sites such as DraftKings Sportsbook and FanDuel Sportsbook.
When a sport is in season, the “Futures” tab can usually be found next to the game lines. But if you want to bet on the CFP before the season starts, most books will bring you right to the Futures section.
The odds for each team are primarily indicated in two ways. Most books will list a team as a +200 favorite, indicating that a $100 bet on that team to win the national title will pay out $200 if successful.
Some books list those odds as 2/1, but the math is the same. Those books will use those odds as fractions as well. As an example, a team listed as an 11/2 favorite to win the title would pay out 5.5x the investment. That same multiplier would be listed as +550 under the other format.
These odds can change throughout the season and even during the preseason if any news surfaces about injuries, transfers, or scandals related to the athletic department or coaching staff of a program.
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History and favorites
Due to the top-heavy recruiting system in place for college football programs, it is extremely rare for an unknown team to win the national title.
But Ohio State was the fourth-ranked team in the field of four when it won the 2014 CFP title.
There is some value to be found if you’re willing to bet against the consensus favorites. There is also value if you find the right sportsbook on which to take one of those favorites, so be sure to shop around for the best odds at online books.
When it comes time to bet the actual matchup in the College Football Playoff title game, keep in mind that the underdog had won or covered the spread in all five championships until LSU’s convincing victory in 2020. Since then, three of four favorites covered. Also, the last four title games went over the point total.
Best college football betting odds, sites
Frequently Asked Questions
When is the 2023 – 2024 College Football Playoff and National Title game?
The 2023 – 2024 College Football Playoff will begin with two national semifinals (Rose Bowl and Sugar Bowl). The CFP National Championship is scheduled for Jan. 8, 2024 at NRG Stadium in Houston, Texas. Selection Sunday is scheduled for the Sunday before the beginning of Bowl Season annually, with the first CFP rankings released in mid-November.
Where can I bet on the College Football Playoff in the US?
Sports betting is legal and live in more than 30 states. Some notable exceptions relevant to the college football landscape: Alabama, California, Florida, Georgia, Oklahoma, South Carolina, and Texas.
Note that some states restrict what colleges and types of bets you can wager on. For example, Virginia outlaws betting on in-state teams; so Hokies and Hoos bettors are out of luck. Iowa, Tennessee, and a dozen other states ban betting on college player props while Illinois requires you to bet those in-person (for now) and excludes in-state player props. Oregon takes it to an extreme and bans all college sports betting, period.
Find the legal base for betting college sports for legal states below:
| State | Legal Sports Betting? | Bet On College Sports? | Bet On College Props? |
|---|---|---|---|
| Alabama | No | ||
| Alaska | No | ||
| Arizona | Yes | Yes | No |
| Arkansas | Yes | Yes | Yes |
| California | No | ||
| Colorado | Yes | Yes | No |
| Connecticut | Yes | Yes, no in-state* | Yes, no in-state* |
| Delaware | Yes, Retail only | Yes, no in-state | Yes, no in-state |
| Florida | No | ||
| Georgia | No | ||
| Hawaii | No | ||
| Idaho | No | ||
| Illinois | Yes | Yes, in-person on in-state teams | Yes, no in-state |
| Indiana | Yes | Yes | Yes, no live props |
| Iowa | Yes | Yes | No |
| Kansas | Yes | Yes | Yes |
| Kentucky | Sept. 7 in-person, Sept. 28 online | Yes | Yes |
| Louisiana | Yes, by parish | Yes | Yes |
| Maine | Legal, not yet live | ||
| Maryland | Yes | Yes | Yes |
| Massachusetts | Yes | Yes, no in-state* | Yes, no in-state* |
| Michigan | Yes | Yes | Yes |
| Minnesota | No | ||
| Mississippi | Yes, retail | Yes | Yes |
| Missouri | No | ||
| Montana | Yes, retail | Yes | Yes |
| Nebraska | Yes | Yes, no in-state | No |
| Nevada | Yes | Yes | Yes |
| New Hampshire | Yes | Yes, no in-state^ | Yes, no in-state^ |
| New Jersey | Yes | Yes, no in-state^ | Yes, no in-state^ |
| New Mexico | Yes, retail | Varies | Varies |
| New York | Yes | Yes, no in-state | No |
| North Carolina | Yes, retail | Yes | Yes |
| North Dakota | Yes, retail | Varies | Varies |
| Ohio | Yes | Yes | Yes |
| Oklahoma | No | ||
| Oregon | Yes | No | No |
| Pennsylvania | Yes | Yes | No |
| Rhode Island | Yes | Yes, no in-state^ | Yes, no in-state^ |
| South Carolina | No | ||
| South Dakota | Yes, retail | Yes, no in-state | No |
| Tennessee | Yes | Yes | No |
| Texas | No | ||
| Utah | No | ||
| Vermont | Legal, not yet launched | ||
| Virginia | Yes | Yes, no in-state | No |
| Washington | Yes, retail | Yes, no in-state | Yes, no in-state |
| Washington, DC | Yes | Yes, no in-state^ | Yes, no in-state^ |
| West Virginia | Yes | Yes | No |
| Wisconsin | Yes, retail | Yes, no in-state | Yes, no in-state |
| Wyoming | Yes | Yes | Yes |
*No in-state betting on teams or props except when those teams are playing in tournaments.
^No betting on in-state teams OR games taking place inside the state.