Odds to win the college football national championship: Georgia opens as favourite after winning title
The Georgia Bulldogs are back-to-back national champions β€” and they're favoured to complete a three-peat. Photo by Ashley Landis/AP.

The Georgia Bulldogs pulled off a rare national championship repeat this past season, and right now they're favoured to run it back again.

The latest: Georgia dismantled TCU, 65-7, in the College Football Playoff national title game on Jan. 9. The Bulldogs will have a new QB under centre, but they still top the board as the favourite to claim next year's title.

Here are the college football national championship odds for the 2023-24 season.

College football national championship odds

Check out all our odds to win the national championship for 2023-24. Click linked odds to add selection to your betslip.

SchoolOdds (Jan. 30)
Georgia Bulldogs+250
Alabama Crimson Tide+400
Ohio State Buckeyes+700
USC Trojans+800
Clemson Tigers+1,000
Michigan Wolverines+1,200
LSU Tigers+1,800
Florida State Seminoles+2,000
Penn State Nittany Lions+2,000
Texas Longhorns+2,500
Notre Dame Fighting Irish+2,500
Tennessee Volunteers+3,500
Oregon Ducks+4,000
Texas A&M Aggies+8,000
Oklahoma Sooners+8,000
Wisconsin Badgers+10,000
Washington Huskies+10,000
TCU Horned Frogs+10,000
UNC Tar Heels+10,000
Utah Utes+10,000

Odds as of 9:15 p.m. on 01/30/2023.

Best college football national championship odds

The favourite: Georgia Bulldogs (+250)

Who else but the 'Dawgs?

Georgia's 15-0 championship season made the red and black one of just three schools to go back-to-back this millennium (and the first of the CFP era). Naturally, the Bulldogs are favoured to win again.

The greatest uncertainty with Georgia is roster turnover, but that's a reality for any college football team. And after losing eight defensive starters to the NFL ahead of the 2022 season, Georgia still posted a top-five scoring defence en route to the title.

Safe to say coach Kirby Smart knows how to reload.

Edge rusher Jalen Carter is among the next crop of Bulldogs on his way to the NFL ranks, but the Bulldogs have multiple five-star options waiting to replace him β€” including incoming freshman Damon Wilson from Georgia's No. 2-ranked 2023 recruiting class.

At quarterback, Stetson Bennett will pass the torch to Carson Beck, who appeared in seven games this year and has been with the program since 2020.

Other CFB national championship picks

Best value: Notre Dame Fighting Irish (+2,500)

The biggest fish in the transfer portal swam straight to South Bend.

Quarterback Sam Hartman, who set the ACC record for career touchdown passes last year (110), will be under centre for the Irish in 2023.

Notre Dame entered 2022 with amplified expectations, with a No. 5 preseason ranking that didn't hold up for long. The Irish defence showed up in some big games β€” holding Ohio State and Clemson to a combined 35 points β€” but the offence fell flat in some unsightly losses.

Star tight end Michael Mayer is on his way to the NFL, and the Irish don't have an obvious replacement to be Hartman's No. 1 target. At least not yet.

But Notre Dame will return its top three running backs and 60% of its offensive line. From there, it's up to Hartman to keep the offence humming.

Team to watch: Michigan Wolverines (+1,200)

Michigan has some encouraging continuity, especially on the offensive side. Quarterback J.J. McCarthy is back, along with star running backs Blake Corum and Donovan Edwards as the Wolverines gun for a third consecutive trip to the CFP semifinals.

Part of what made the Wolverines a team to watch was their coaching situation, as Jim Harbaugh was deemed a top candidate for some gigs at the NFL level.

But Harbaugh has committed to Michigan β€” adding to that coveted continuity we mentioned a moment ago.

Michigan ranked in the top 10 for scoring offence and defence this year, and it has tons of playmakers returning on both sides. The dark cloud for this team is always its end-of-season date with Ohio State, which has the potential to derail a CFP push.

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