2025-26 College Football Odds | Championship & Heisman

The first-ever 12-team College Football Playoff ended with an Ohio State win, and despite them losing the Big Ten Championship to Indiana, they are favored to repeat.

As college football bettors now have the official CFP bracket, we'll keep them up to date all postseason with updated odds across the premier sports betting apps.

2025-26 CFP Championship - Best Odds

Odds as of December 8, 2025

* = the same odds are offered by multiple sportsbooks.

2025-26 CFP Championship Odds Comparison - Final 12 Contenders

Odds as of December 8, 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 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. However, after cruising through the regular season, the Buckeyes will enter the playoffs with a blemish on their record, as they fell to Indiana in the Big Ten Championship. The opportunity to repeat as champions is very much alive, though, and their CFP journey will start in the Cotton Bowl against the winner of the Miami and Texas A&M game.

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 enter the playoff ranked 5th in the country in points per game (39.3), and on defense, they rank 3rd in points allowed per game (11.8), per TeamRankings. Aside from their impressive statistical rankings, the Hoosiers will also enter the playoff as Big Ten Champions and the #1 seed, as they'll play the winner of the Alabama vs. Oklahoma game in the Rose Bowl.

Georgia Bulldogs: While they may not have blown 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 yards and yards allowed per game (TeamRankings). That defense was on full display in the SEC Championship, as they held Alabama to just seven points in a 28-7 win. By becoming SEC Champions once again, the Bulldogs earned the #3 seed in the CFP, giving them a first-round bye. The Bulldogs will resume action on January 1st when they take on the winner of the Tulane and Ole Miss game in the Sugar Bowl.

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Past CFP National Champions & Odds

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.