2024 College Football Championship Odds
- Revisit the 2024 CFP National Championship odds tracker from the 2023-24 season
- Michigan finished 15-0 and beat Washington 34-13 in Houston for their first national title since 1997
- Check out the current CFP National Championship odds
This page tracked the 2024 CFP National Championship odds for every major contender during the 2023-24 college football season. Michigan beat Washington 34-13 at NRG Stadium in Houston on January 8, 2024 to win their first national championship since 1997.
The 2023-24 season was the last hurrah for the four-team playoff format before expansion to 12 teams in 2024-25. Georgia opened as the favorite chasing a three-peat, undefeated Florida State got famously snubbed from the bracket after Jordan Travis went down, and Michigan ran the table to cap a perfect 15-0 season.
The graphs below show how the odds moved month by month.
2024 National Championship Favorites
2024 CFP Championship Line Movement
Here are the key moments in the 2024 CFP National Championship odds:
- [January 8] Michigan defeats Washington 34-13 to win the national title, covering as a 4.5-point favorite. Blake Corum runs for two touchdowns as the Wolverines cap an undefeated 15-0 season and Jim Harbaugh’s first championship.
- [January 1] Michigan and Washington advance to the title game with semifinal wins. The Wolverines shorten to a heavy moneyline favorite after edging Alabama 27-20 in overtime at the Rose Bowl, while Washington holds off Texas 37-31 in the Sugar Bowl.
- [December 5] The four-team CFP bracket is set: Michigan (+185), Alabama (+200), Texas (+260), and Washington (+750). Florida State is left out at 13-0, becoming the first undefeated Power 5 team excluded from the CFP.
- [November 19] Florida State fades from +817 to +2600 despite staying perfect. Starting QB Jordan Travis suffers what looks to be a season-ending leg injury in Week 12, gutting the Seminoles’ title hopes.
- [November 5] Only eight teams remain in realistic national championship contention: Michigan, Georgia, FSU, Ohio State, Alabama, Oregon, Washington, and Texas, ranging from +217 to +1560. No other team is shorter than +10000.
- [October 22] Michigan (+229) takes over as the new favorite, narrowly ahead of two-time defending champion Georgia (+268). Florida State (+700) sits third.
- [October 15] Washington (+875) jumps into the top five after a huge comeback win over Oregon. The Ducks fade from +1420 to +2350 following the narrow 36-33 setback in Seattle.
- [October 1] The main favorites hold serve. Georgia (+294) remains favored over Michigan (+385), with Ohio State (+750), Texas (+750), and FSU (+820) all in triple digits.
- [September 5] Florida State becomes a top-five favorite after taking down LSU in Week 1. The Seminoles’ odds shorten from +2150 to +1100, a huge swing aided by Clemson’s loss to Duke on Monday night.
- [September 2] Colorado’s odds improve from +20000 to +10000 at DraftKings following their Week 1 upset win over TCU. Deion Sanders’ debut sparks national hype, though FanDuel still lists the Buffs as +30000 longshots.
- [July 11] LSU’s odds steadily improve throughout the offseason. After opening around +2000 in January, the Tigers shorten to +1200 as Jayden Daniels and a stacked offense draw bettor attention.
- [May 1] Georgia’s odds shorten slightly to +245 as hype builds around a possible three-peat for Kirby Smart’s program. Michigan fades from +800 to +1020.
- [January 10] Following Georgia’s 65-7 demolition of TCU in the 2022-23 title game, the Bulldogs open as the heavy +275 favorite to three-peat. Alabama (+550) and Ohio State (+750) round out the top three.
Lead NHL & NCAAF Editor
Brady is the lead NHL and College Football editor at Sports Betting Dime, where he specializes in betting odds and data-driven analysis. Brady has over 10 years experience working in sports media, with work published by outlets such as ESPN, CBS Sports, Yahoo! Sports and Fox Sports.