We’ve got three more weeks of the regular season in college football. After those three weeks, we’ll get to the conference championship games. After those matchups, we’ll have a much better idea about the College Football Playoff 12-team bracket.
The College Football Playoff format used to include just four teams making the playoff. However, this year, we’ll have 12 teams, including conference champions from each Power 4 conference and at least one team from a non-power conference. Therefore, you’ll be able to take more long-shot chances at the top-rated sportsbooks, knowing a team ranked 11th in the bracket still has a chance to win the National Championship.
Ultimately, there’s been more parity in college football. There are still some undefeated teams. However, the competition has been much more significant. Gone are the days of watching Georgia dismantle teams.
So far, there have been some fun surprises and teams that have made us scratch our heads. With all that in mind, let’s review the 2024-’25 National Championship odds for some of the best teams in college football.
2025 College Football Championship Odds
Don’t forget to explore the many handicapping tools available to you right here. Whether it is our college football computer picks or our power rankings, there is always something for everyone.
Check out the top 30 teams so far this season, with odds from Caesars Sportsbook (check our Caesars Sportsbook Review).
| Team | Opening Odds | Current Odds at Caesars |
|---|---|---|
| Texas | +900 | +370 |
| Ohio State | +800 | +450 |
| Georgia | +350 | +450 |
| Oregon | +1000 | +500 |
| Alabama | +550 | +750 |
| Penn State | +2500 | +1400 |
| Clemson | +3300 | +1800 |
| Tennessee | +2800 | +1800 |
| Miami (FL) | +10000 | +2000 |
| LSU | +1600 | +3000 |
| Ole Miss | +1200 | +3500 |
| Notre Dame | +3300 | +3500 |
| Texas A&M | +2800 | +5000 |
| Iowa State | +20000 | +7500 |
| Kansas State | +5500 | +10000 |
| Missouri | +4000 | +10000 |
| Indiana | +50000 | +12500 |
| Boise State | +20000 | +15000 |
| BYU | +100000 | +20000 |
| SMU | +25000 | +22500 |
| USC | +4000 | +22500 |
| Oklahoma | +4000 | +22500 |
| Nebraska | +20000 | +22500 |
| Colorado | +20000 | +22500 |
| Michigan | +1000 | +27500 |
| Pittsburgh | +30000 | +27500 |
| Utah | +7500 | +27500 |
| Louisville | +10000 | +30000 |
| Iowa | +20000 | +35000 |
*The line and/or odds referenced in this article might have changed since the content was published. For the latest information on line movements, visit OddsTrader’s free betting odds tool.
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Ohio State (+330)
The Ohio State Buckeyes are still the odds-on favorites to win the National Championship. Although they have already lost this season, they are 7-1 on the year. At this time, Ohio State wouldn’t even play in the Big Ten Championship. They lost to Oregon and Indiana is still undefeated in the Big Ten.
Indiana will face Ohio State on November 23 in Week 13. So that’ll play out if Indiana and Ohio State can win their games this weekend. Ohio State will have a rather easy match against Northwestern this week but will have to play Indiana and Michigan in back-to-back games to close out the regular season.
With Will Howard under center, Ohio State has not played up to par. They’re an elite team, and it will be tough. But I certainly don’t trust Howard to win a championship for Ohio State this season. He’s a mediocre quarterback.
Oregon (+350)
Oregon lucked out with a 32-31 win over Ohio State on October 12. Since that win, Oregon has rallied with wins against Purdue, Illinois, Michigan and Maryland. They’ll have Wisconsin and Washington left on the schedule.
At this rate, the Ducks have a good probability of making it into the Big Ten Championship. Oregon would likely still be an underdog if it plays Ohio State in the Big Ten Championship. But knowing Oregon already earned a win earlier this season against Ohio State certainly gives Ducks backers some hope.
With Dillon Gabriel as the quarterback, it’s much easier to trust Oregon than Ohio State.
Texas (+425)
Texas will likely jump up the rankings after their 49-17 win over Florida. The Longhorns had a rough couple of weeks before the win against Florida.
Texas only defeated Vanderbilt by three and lost to Georgia by 15 in back-to-back games. Still, Texas only has one loss in the SEC and should knock off Arkansas and Kentucky in their next two games. After that, they’ll meet Texas A&M in a matchup that could decide which team plays in the SEC Championship game.
Regardless, Texas will likely make the CFP and be a tough out. They’re a good team that might finally be back on track after that win against Florida.
Indiana (+1800)
There’s way too much disrespect for Indiana. If Indiana was Michigan, they’d be ranked No. 1. All Indiana has done is win. The offense is a juggernaut, and the defense is making some big plays to help play complementary football.
Last week, Indiana played Michigan. The Hoosiers scored only 20 points, but the defense held Michigan to 15. Cury Cignetti is an unbelievable coach. His track record is admirable. Indiana at +1800 is very nice. Even with a loss to Ohio State, Indiana would still get into the playoff with one loss.
BYU (+7000)
The BYU Cougars are undefeated. They’ve got Kansas, Arizona State, and Houston remaining on the schedule. With wins against those three teams as favorites, they’d head to the Big 12 Championship against maybe Colorado.
With a Big 12 Championship, BYU would be a top-four team in the College Football Playoff and have a bye week. There’s no way BYU should be +7000. Put some change on them!
College Football FAQs
Question: Where can I bet on the 2024 College Football National Championship?
Answer: The best online sportsbooks are the safest online sportsbooks, which are those licensed in jurisdictions where online sports betting is legal in the United States. The top-rated books are Caesars, Bet365, FanDuel, BetMGM, SugarHouse, BetRivers  and DraftKings. All offer a wide variety of NCAAF props, futures, and point spreads.
Question: What types of bets are popular with college football?
Answer: The most popular bet is the point spread bet where the underdog is getting points or the favorite is giving points. However, moneylines, where no point spread is involved have grown increasingly popular, as have over/under, or total bets, where bettors can wager over or under on the combined total of the two teams in that game.
Question: Do I have to bet a lot?
Answer: No, the minimum bet is as low as $1 and accounts can be funded with as little as $10 at many of the books across the nation.
