Odds to win the college football national championship: Georgia favoured to reclaim the crown
Carson Beck and the Georgia Bulldogs are frontrunners to win next year's college football national championship. Photo by John Raoux/AP.

It's a new era in college football, as the 2024-25 season will mark the beginning of a 12-team playoff format.

The latest: More playoff teams means more schools will have a shot at the national title. Most of the familiar squads are still at the top, though, led by the Georgia Bulldogs at +350.

In the infancy of the offseason, here are the college football national championship odds as of February 20.

College football national championship odds

Check out all our odds to win the national championship for the 2024-25 season. Click linked odds to add selection to your betslip.

TeamOdds (Feb. 21)
Georgia Bulldogs+350
Ohio State Buckeyes+550
Texas Longhorns+800
Oregon Ducks+850
Alabama Crimson Tide+1,100
Ole Miss Rebels+1,100
LSU Tigers+1,400
Notre Dame Fighting Irish+1,400
Michigan Wolverines+1,600
Clemson Tigers+2,000
Penn State Nittany Lions+2,000
Florida State Seminoles+2,500
Tennessee Volunteers+3,000
Texas A&M Aggies+3,000
USC Trojans+3,000
Missouri Tigers+4,000
Oklahoma Sooners+4,500

NCAAF odds as of 11:15 a.m. on 02/21/2024.

Best college football national championship odds

The favourites: Georgia Bulldogs (+350)

Athens, Georgia is a factory for NFL talent, which means the team is bound to have some notable roster churn from one year to the next.

The biggest departure from last year's team is All-American tight end Brock Bowers, who'll have his name called early on Day 1 of the upcoming NFL Draft. But quarterback Carson Beck is back for his senior season, which will provide some stability for Kirby Smart's group.

Georgia has 11-plus wins in six of the past seven years, and it won back-to-back national championships in the 2021 and '22 seasons. Between the hedges, greatness is expected.

Other national championship candidates

Best value: Utah Utes (+8,000)

If you're looking for a long shot that could follow the mould of last year's Washington Huskies, Utah might be that team.

Quarterback Cameron Rising, who was in the same recruiting class as Trevor Lawrence and Justin Fields, is back in Salt Lake City for one last ride. He missed last season recovering from a knee injury but starred in 2022, throwing for 26 TDs and over 3,000 yards in 13 games while adding six scores on the ground.

Utah joins a very winnable Big 12 conference that just lost Texas and Oklahoma. The Utes only have one road game in 2024 against an above-.500 team from last year.

CFB championship notes

  • It's been an offseason of upheaval for the defending champion Michigan Wolverines (+1,600). In addition to losing quarterback J.J. McCarthy and record-setting tailback Blake Corum, the team also lost coach Jim Harbaugh, who took the top job with the Los Angeles Chargers. Harbaugh brought his defensive coordinator, strength coach, defensive line coach and defensive backs coach with him.
  • A new era begins in Tuscaloosa, Alabama, as Nick Saban announced his retirement following the Crimson Tide's season. New coach Kalen DeBoer comes over from Washington and inherits one of the most talented players in the country: QB Jalen Milroe, who is a legit Heisman candidate.
  • Bo Nix has moved on to the NFL, but Oregon (+850) should be more than competent under centre with ex-Oklahoma quarterback Dillon Gabriel. The sixth-year QB threw for more than 300 yards per game last season on 69.3% passing, though it remains to be seen if he can sling it like that in the Big Ten.
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