Robin Alam/Icon Sportswire
Author: Anthony Vlahovic
Last Updated: 01 December, 2025
2025-26 College Football Odds | Championship & Heisman
The first-ever 12-team College Football Playoff ended with an Ohio State win, and now, with the 2025-26 regular season over, they are favored to repeat.
As college football bettors continue to form their opinions on whether or not they think a team will be able to beat Ohio State, we'll keep them up to date all postseason with updated odds across the premier sports betting apps.
2025-26 CFP Championship - Best Odds
Team | Opening Odds | Current Best Odds |
|---|---|---|
Ohio State Buckeyes | +450 | +160 (Bet365*) |
Indiana Hoosiers | +10,000 | +460 (FanDuel) |
Georgia Bulldogs | +700 | +800 (BetMGM*) |
Notre Dame Fighting Irish | +1200 | +1000 (FanDuel*) |
Oregon Ducks | +650 | +1100 (Bet365*) |
Texas Tech Red Raiders | +15,000 | +1100 (DraftKings*) |
Texas A&M Aggies | +3500 | +1200 (DraftKings*) |
Alabama Crimson Tide | +1600 | +1400 (FanDuel*) |
Ole Miss Rebels | +2500 | +3500 (DraftKings) |
Oklahoma Sooners | +7000 | +7500 (FanDuel) |
Miami Hurricanes | +3000 | +25,000 (BetMGM) |
BYU Cougars | +15,000 | +40,000 (FanDuel*) |
North Texas Mean Green | +100,000 | +50,000 (Bet365*) |
Virginia Cavaliers | N/A | +60,000 (FanDuel) |
Texas Longhorns | +650 | +80,000 (DraftKings) |
Tulane Green Wave | +15,000 | +80,000 (DraftKings) |
Vanderbilt Commodores | +50,000 | +100,000 (FanDuel) |
Utah Utes | +15,000 | +100,000 (DraftKings*) |
James Madison | N/A | +100,000 (DraftKings*) |
Duke Blue Devils | +20,000 | +200,000 (DraftKings) |
UNLV Rebels | +20,000 | +200,000 (DraftKings) |
Odds as of December 1, 2025
* = the same odds are offered by multiple sportsbooks.
2025-26 CFP Championship Odds Comparison - Top 10 Contenders
Team | FanDuel | DraftKings | BetMGM | Bet365 |
|---|---|---|---|---|
Ohio State Buckeyes | +155 | +160 | +160 | +160 |
Indiana Hoosiers | +460 | +425 | +450 | +450 |
Georgia Bulldogs | +750 | +800 | +800 | +800 |
Notre Dame Fighting Irish | +1000 | +1000 | +900 | +900 |
Oregon Ducks | +1000 | +1000 | +1100 | +1100 |
Texas Tech Red Raiders | +1100 | +1100 | +1000 | +1100 |
Texas A&M Aggies | +1200 | +1200 | +1000 | +1100 |
Alabama Crimson Tide | +1400 | +1200 | +1300 | +1400 |
Ole Miss Rebels | +2700 | +3500 | +3000 | +3000 |
Oklahoma Sooners | +7500 | +7000 | +6000 | +6000 |
Odds as of December 1, 2025
Current Favorites
Ohio State Buckeyes: For the first time since 2014, the Ohio State Buckeyes became National Champions during the 2024-25 season. Despite losing several key players, the Buckeyes' offense, under new offensive coordinator Brian Hartline, has been dominant again, with Jeremiah Smith back after a record-breaking freshman year and highly touted redshirt freshman quarterback Julian Sayin playing at a Heisman-caliber level. After beating Michigan for the first time in a few seasons, the Buckeyes are now set to take on Indiana in the Big Ten Championship.
Indiana Hoosiers: After reaching the College Football Playoff but making an early exit last season, the Indiana Hoosiers have come out and proven their success was no fluke. Curt Cignetti has his Hoosiers looking like a team that could make a deep playoff run behind quarterback Fernando Mendoza. Under the Cal transfer, the Hoosiers' offense is 3rd in the country in points per game (41.7), and on defense, they rank 3rd in points allowed per game (11.9), per TeamRankings.
Georgia Bulldogs: While they may not be blowing out every team that stands in their way, the Georgia Bulldogs have consistently remained in the win column this season. As usual, the Bulldogs' defense has been on the elite end all year, ranking 12th in the country in points and yards allowed per game (TeamRankings). After finishing another grueling SEC schedule, the Bulldogs' lone loss came at the hands of Alabama, and they will have a chance to avenge that loss in the SEC Championship.
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Past CFP National Champions & Odds
Season | Team | Opening odds | Mid-season odds |
|---|---|---|---|
2024 | Ohio State Buckeyes | +800 | +450 |
2023 | Michigan Wolverines | +1000 | +300 |
2022 | Georgia Bulldogs | +200 | +200 |
2021 | Georgia Bulldogs | +800 | +120 |
2020 | Alabama Crimson Tide | +600 | +160 |
2019 | LSU Tigers | +5000 | +700 |
2018 | Clemson Tigers | +600 | +400 |
2017 | Alabama Crimson Tide | +300 | -125 |
2016 | Clemson Tigers | +700 | +800 |
2015 | Alabama Crimson Tide | +800 | +700 |
2014 | Ohio State Buckeyes | +1000 | +1000 |
College Football Betting - Historical Odds vs. Actual Winners
Historical odds for the national championship show a fascinating pattern: while college football often feels dominated by a small group of perennial powerhouses, the futures market has consistently underestimated teams that undergo rapid transformation. Preseason favorites like Alabama, Georgia, and Clemson have certainly justified their short prices across the past decade, but many of the most profitable national title runs came from squads sitting in the mid-range or long-shot territory before kickoff.
The clearest example is 2019 LSU, which opened at roughly +2500 before delivering one of the most explosive offensive seasons in history under Joe Burrow. Even more dramatic was TCU’s stunning 2022 surge from +15000 to the national title game — a run that exposed how blind the market can be to coaching changes, scheme shifts, and returning-experience metrics.
On the opposite end, we’ve seen highly publicized “superteams” fall flat. Programs like USC (2023) and Oklahoma (2020) opened among the top five favorites only to collapse under defensive shortcomings, injury issues, or flawed preseason narratives. Historical results make one thing clear: while favorites win their share, the national championship futures market regularly rewards bettors willing to dig deeper than brand reputation, preseason polls, and recruiting rankings.
What Past Conference Champions Reveal About Odds Accuracy
Conference futures historically lean more chalky than national title betting, but long-shot hits still shape the landscape every few seasons. The SEC and Big Ten frequently produce winners from the top two or three preseason favorites thanks to concentrated recruiting power, yet other conferences have seen surprising champions. Baylor’s 2021 Big 12 title run at preseason odds ranging from +4000 to +5000 remains one of the biggest modern conference upsets.
Washington’s 2023 Pac-12 triumph, opening around +1000, demonstrated how returning quarterback talent and coordinator continuity can outperform early market expectations. Even in the ACC, Clemson’s down years opened the door for Florida State and Pitt, both of which cashed tickets at longer preseason odds. Across conferences, bettors gain an edge by identifying undervalued defensive units, new offensive play-callers, and teams benefiting from schedule-friendly division structures — three factors consistently linked to surprise champions.
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