Four Power-Five teams still remain undefeated after a decisive rivalry weekend.
The latest: The Michigan Wolverines improved to 12-0 in week 13 after beating Ohio State for the third year in a row and continue to increase their lead as title favourites. The Alabama Crimson Tide are worth your attention and the Washington Huskies still hold value.
Here are the college football national championship odds as of Nov. 28.
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.
| Team | Odds (Nov. 28) | Odds (Nov. 2) | Preseason Odds |
| Michigan Wolverines | +175 | +215 | +750 |
| Georgia Bulldogs | +200 | +270 | +220 |
| Oregon Ducks | +500 | +1,400 | +4,000 |
| Alabama Crimson Tide | +1,000 | +1,100 | +550 |
| Texas Longhorns | +1,000 | +1,600 | +2,000 |
| Washington Huskies | +1,800 | +2,000 | +4,000 |
| Florida State Seminoles | +3,000 | +700 | +2,000 |
| Ohio State Buckeyes | +4,000 | +800 | +725 |
Best college football national championship odds
The favourite: Michigan Wolverines (+175)
The Wolverines are still the team to beat.
Despite Jim Harbaugh’s suspension, Michigan has not faltered. The Wolverines defence has led the way, ranking first in scoring defence (10.3) and second in yards allowed per game (246.8). Their offence is not too shabby, either, ranking 13th in points per game (37.6), including a 30-point performance against a stout Buckeyes defence.
Sign up now to receive NorthStar's Best Bets newsletter.Blake Corum continues to dominate. Against Ohio State, Corum broke Hassan Haskins’ all-time Michigan rushing TD record with his 21st of the season, as well as adding another to improve to 22 touchdowns and 976 yards on the year. That includes nine touchdowns in his past four starts.
The Wolverines have silenced any criticism of an easy schedule by proving they can win big games, beating No. 10 Penn State on the road and No. 2 Ohio State over the last three weeks.
Still, Michigan has to take care of business against a gritty Iowa Hawkeyes team in the Big Ten championship to punch its ticket to a third straight playoff.
Other CFB national championship picks
Best value: Washington Huskies (+1800)
The Huskies are currently ranked No. 3 and have to face No. 5 Oregon in the PAC-12 championship. But Washington also has Michael Penix Jr., who is sitting in third for Heisman odds and facing the favourite, Bo Nix. That’s some serious bulletin board material.
While his campaign took a hit last week, Penix Jr. is still second in passing yards (3,899) and fourth in touchdowns (32) with a prime opportunity to sway voters if he outplays Nix and gets the win.
Back in Week 6, the Huskies beat the Ducks 36-33 in a game where Penix Jr. threw for 302 yards and four touchdowns, including the game winner. After that, Washington won three games against ranked opponents (USC, Utah, Oregon St) and has become one of the most tested teams in college football.
If Washington can beat Oregon, which is more than possible, you won’t be able to back the Huskies at this price moving forward.
Team to watch: Alabama Crimson Tide (+1000)
Alabama still has a legitimate chance to win the national championship.
This would have seemed far-fetched early in the season, but since losing to Texas, the Crimson Tide have won 10 straight games including three against ranked opponents (Ole Miss, Tennessee, LSU).
Quarterback Jalen Milroe has been dynamic this season, throwing for 21 touchdowns and rushing for 12 more. Last week against Auburn, Milroe proved that he isn’t afraid of the spotlight with a last-second comeback win.
Alabama also has history on its side. The Crimson Tide are undefeated against Georgia in SEC championship games, winning in 2018 and 2021. While Alabama needs to win in order to make the playoff, Georgia can likely still get in with a loss.
If the Crimson Tide come out on top, their national championship odds will shorten significantly.
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