Odds to Win National Championship After CFP Bracket Finalized

By Nick Holz in College Football
Published:

- Updated CFP playoff odds have been released
- The final CFP bracket leaves Oregon & Georgia as favorites
- Find the updated odds to win the National Championship below
The final College Football Playoff bracket has been finalized, and updated Nation Championship odds have been released. The undefeated Big 10 champion Oregon Ducks remain the top seed in the CFP bracket, with the SEC champion Georgia Bulldogs, MWC champion Boise State, and Big 12 champion Arizona State also receiving first-round byes.
In a shocker for the SEC, the three-loss Alabama Crimson Tide failed to make the playoff in Kalen Deboer’s first year at the helm. Cam Ward and the 10-2 Miami Hurricanes also miss out on the playoffs, after falling to Syracuse in Week 14. Find all the updated CFP National Champion odds, and our analysis of the CFP bracket, below.
National Championship Odds
Team | Odds |
---|---|
Oregon | +330 |
Georgia | +350 |
Texas | +360 |
Ohio State | +450 |
Penn State | +650 |
Notre Dame | +1200 |
Tennessee | +2500 |
SMU | +3300 |
Arizona State | +4200 |
Clemson | +4200 |
Indiana | +5000 |
Boise State | +6500 |
Oregon are the favorites in the latest college football national championship odds, followed by Georgia, Texas, Ohio State, and Penn State. Counter-intuitively, the longest shot on the board – Boise State – is one of the four teams that received a bye to the quarterfinals.

Odds as of December 8 at FanDuel. Check out the best football betting apps for CFP National Championship betting.
Oregon Favored to win CFP
Dillon Gabriel and the Oregon Ducks sit atop the CFP pedestal. The only undefeated team on the board, the top-ranked Ducks remain the favorites to win the National Championship at +330 odds.
College Football Playoff bracket thoughts? pic.twitter.com/FUOkNEornj
— Field Yates (@FieldYates) December 8, 2024
Dan Lanning’s squad have blown away the Big 10 competition in their first year in the conference, taking home the conference championship with a huge 45-37 victory over Penn State.
The Ducks also boast victories over fellow CFP contenders Ohio State and Boise State. Few teams can match Oregon’s dominant combination of a high-flying offense and top-tier defensive front seven.
Georgia Are Clear Contenders
Kirby Smart’s Bulldogs held on to upset Texas in the SEC Championship with a Trevor Etienne touchdown scamper in overtime. Concerningly, Georgia lost starting quarterback Carson Beck to a hand injury, however he did return for overtime.
Beck’s status for the CFP remains in question; however, the three-week bye-week break will do a world of good for the banged-up Bulldogs.
𝐖𝐞’𝐫𝐞 𝐢𝐧.
The Dawgs are headed to the Big Easy.#GoDawgs pic.twitter.com/NT33HGMRBI
— Georgia Football (@GeorgiaFootball) December 8, 2024
Georgia will begin their playoff quest for their third National Championship in four years against either Notre Dame or Indiana. The Bulldogs have faced a tough road to the CFP, but lucked out on seeding.
Georgia would likely face either Penn State or Boise State in a hypothetical semifinal and have an easier path than most teams to the National Championship game.
CFP Sleepers
Despite their loss to Oregon in the Big 10 Championship game, Penn State moved up to number six in the CFP bracket. With quarterback Drew Allar’s stellar play, and an insane amount of skill position talent in Kaytron Allen, Nicholas Singleton and all-world tight end Ty Warren, the Nittany Lions are a certified CFP sleeper.
Penn State drew an extremely favorable path to the quarterfinals, as they’ll host SMU with a trip to take on Boise State on the line. If they can get through those matchups, Georgia awaits in the semifinals. At +650 odds, James Franklins’ squad are the best value on the National Championship odds board.
The 12-team College Football Playoff’s first-ever on-campus games:
• Clemson @ Texas
• Tennessee @ Ohio State
• SMU @ Penn State
• Indiana @ Notre Dame pic.twitter.com/Q1slEcJrXr— Front Office Sports (@FOS) December 8, 2024
Veteran quarterback Riley Leonard and a hardnosed defense make Notre Dame an excellent CFP longshot. The Fighting Irish have struggled for consistency at times this season. However, Marcus Freeman’s team leads the nation in points per play (0.622).
They’re also third in opponent points per play allowed (0.200). The incredible Fighting Irish passing defense (5.6 yards per pass allowed) will keep them in every CFP game. Watch out for Notre Dame in a potential matchup with Georgia in the second round.
Also see: Opening College Football Round 1 Playoff Odds & Early Predictions
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Sports Content Writer
A sports betting aficionado and graduate of Toronto Film School, Nick covers the NFL, NBA, Soccer, and MMA for SBD. He is also an avid NBA podcaster, and sports betting TikToker. Nick's work has been featured on Bleacher Report.