Historical CFP National Championship Odds from Past Seasons

• Track of the CFP National Championship odds from every season since 2018-19
• See where each champion opened and how the odds shifted throughout the year
• Looking for this season’s CFP National Championship odds?

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The CFP National Championship has crowned a different team almost every season, and the futures market has rarely seen it coming. Heavy opening favorites have lost. Longshots have come out of nowhere. Even Alabama’s dynasty had years where the closing favorite came up short.

SBD has tracked the National Championship odds for every season since the 2018-19 college football year. This page keeps a record of where each team opened and how the odds shifted from August through the title game.

Use the jump links below to go to a specific season:

2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019

2026 CFP National Championship Odds

Indiana pulled off one of the biggest underdog stories in college football history, capturing the program’s first-ever national title with a 27-21 win over Miami at Hard Rock Stadium on January 19, 2026.

The Hoosiers opened the 2025-26 season as a 100-1 longshot at +10000. They finished 16-0 and never lost a game.

Texas and Ohio State were the preseason co-favorites. Both got bounced before the title game, with Miami pulling the biggest CFP upset ever by taking down Ohio State in the Cotton Bowl quarterfinals.

Below, see how the 2026 CFP National Championship odds shifted throughout the season.

2026 CFP Championship Line Movement

• [January 19] Indiana defeated Miami 27-21 to win the national championship, covering as a 7.5-point favorite. The Hoosiers finished their perfect 16-0 season as the ultimate underdog story.
• [January 10] Indiana’s odds shortened from +800 to +320 after demolishing Alabama 38-3 in the Rose Bowl semifinals. Miami jumped from +1200 to +450 following their upset of Ohio State.
• [December 31] Miami pulled off the biggest upset in CFP history, knocking off Ohio State in the Cotton Bowl quarterfinals. The Hurricanes’ odds skyrocketed from +5000 to +1200. Indiana advanced past Alabama to reach the semifinals.
• [December 20] Indiana entered the CFP as the No. 1 seed with +800 odds. Ohio State sat at +260 as the favorite. Miami opened at +5000 as a massive underdog after sneaking into the playoff as an at-large bid.
• [October 20] Ohio State shortened from +330 to +260 after dominating Wisconsin 34-0. Indiana jumped from +925 to +800 following their statement win at Oregon. Alabama moved from +700 to +650 after beating Tennessee.
• [October 19] Miami lengthened from +1850 to +1650 after Louisville upset them 24-21 on Friday night. Carson Beck threw four interceptions in his worst performance as a Hurricane.
• [October 15] Ohio State tightened from +428 to +330. Indiana shortened from +3000 to +925 after back-to-back quality wins. Notre Dame moved from +2100 to +1500.
• [September 29] Ole Miss saw the biggest jump after their 24-19 win over LSU. The Rebels’ odds shortened from +3500 to +1900.
• [September 2] Week 1 created massive movement. Ohio State took over as the sole favorite at +550 after their 14-7 victory over Texas. The Buckeyes’ defense completely shut down Arch Manning in his debut. Texas fell from +500 to +733.
• [September 2] LSU made the biggest jump of any contender, improving from +1533 to +1000 after their 17-10 road victory over Clemson. Miami surged from +3333 to +2500 after their comeback win over Notre Dame.
• [September 2] Alabama’s odds lengthened from +1000 to +1467 after their shocking 31-17 loss to Florida State. Despite falling to No. 21 in the AP Poll, sportsbooks still gave them the sixth-best title odds.
• [August 15] Texas (+500) and Ohio State (+525) entered the 2025-26 season as co-favorites. Georgia (+717) and Penn State (+700) rounded out the top four. Indiana opened at +10000, making them a 100-1 longshot.
• [January 21] Following Ohio State’s 34-23 championship victory over Notre Dame in the 2024-25 season, the Buckeyes opened as a +450 favorite for 2025-26. Texas checked in at +500 with Arch Manning taking over at quarterback.

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2025 CFP National Championship Odds

Ohio State knocked off Notre Dame 34-23 at Mercedes-Benz Stadium in Atlanta on January 20, 2025, ending a decade-long title drought for the Buckeyes.

The 2024-25 season delivered the first-ever 12-team College Football Playoff, and Ohio State took the long way home.

The Buckeyes lost to Michigan 13-10 as 20-point favorites in late November, fell to the No. 8 seed, then ripped off four straight playoff wins to capture the title.

Below, see how the 2025 CFP National Championship odds shifted throughout the season.

2025 CFP Championship Line Movement

• [January 20] Ohio State defeats Notre Dame 34-23 to win the national title, covering as an 8.5-point favorite. The Buckeyes score 31 straight points before holding off a late Irish rally for the program’s first championship since 2014.
• [January 10] Ohio State shortens from +145 to -160 after pounding Texas 28-14 in the Cotton Bowl. Jack Sawyer’s 83-yard scoop-and-score essentially seals the win. Notre Dame moves to +135 after edging Penn State 27-24 in the Orange Bowl.
• [January 1] Ohio State drops Oregon 41-21 in the Rose Bowl quarterfinal, settling the score from October. The Buckeyes shorten from +250 to +145. Notre Dame moves from +650 to +400 after dispatching Georgia in the Sugar Bowl.
• [December 21] Ohio State opens the 12-team CFP with an 83-38 combined beatdown of Tennessee in the first round. The Buckeyes’ odds tighten from +450 to +325. No. 1 seed Oregon remains the favorite at +275.
• [December 8] Final CFP bracket is set with 12 teams in. Texas (+355) leads the title odds over Oregon (+360) and Georgia (+370), with Ohio State right behind at +450. Boise State (+6250) has the longest number among the field.
• [December 1] Ohio State falls 13-10 at home to a 6-5 Michigan team as 20-point favorites. The shocker is the Buckeyes’ fourth straight loss in The Game. Their odds drift from +260 to +450. Oregon (+350) takes over as outright favorite.
• [November 17] Georgia (+344) climbs back atop the board after taking down No. 10 Tennessee 31-17 in Athens. Oregon’s ugly 16-13 escape at Wisconsin pushes the Ducks’ number from +615 to +649.
• [November 10] Ole Miss embarrasses Georgia 28-10, and one-loss Ohio State takes over as outright favorite at +388. The Bulldogs slide to second at +411. Ole Miss shortens from +2050 to +1300, jumping into the top six.
• [October 27] Georgia (+291), Ohio State (+426), Texas (+654), and Oregon (+658) settle in as the clear top four. Fifth-favorite Alabama is back at +1383 after a rough October.
• [October 19] Georgia heads to Austin and beats No. 1 Texas. The Bulldogs shorten from +340 to +296 and reclaim the top spot. Texas only fades slightly, from +616 to +650.
• [October 12] Oregon takes down Ohio State 32-31 in a Week 7 thriller in Eugene. The Ducks’ odds shorten from +672 to a stronger price, while Ohio State drops from outright favorite to +438. Georgia (+340) returns to the top.
• [October 5] Alabama gets dropped 40-35 by Vanderbilt as three-touchdown chalk. The Tide’s odds fade from first to fourth (+983). Georgia jumps back to favorite at +340 with Ohio State a tick behind at +382.
• [September 28] Alabama knocks off Georgia in Tuscaloosa and becomes a +350 co-favorite alongside Ohio State. The Bulldogs take their first major hit of the season.
• [September 7] Texas walks into the Big House and beats reigning national champion Michigan. Texas shortens to +750. Michigan’s title defense unravels almost immediately, with the Wolverines’ odds ballooning to +3100.
• [August 15] Georgia (+450), Ohio State (+450), and Texas (+650) open the 2024-25 season as the top three on the board. Reigning champion Michigan checks in at +2000 after Jim Harbaugh’s departure to the NFL and the loss of multiple star players.
• [January 11, 2024] Alabama’s number stretches from +550 to roughly +1500 following Nick Saban’s retirement announcement. The Tide’s preseason price is their longest title future since 2008.
• [January 8, 2024] Right after Michigan’s 34-13 win over Washington, Georgia opens as the +450 favorite for the 2024-25 season. The Bulldogs return Carson Beck but have to replace 11 NFL Draft entries, including Brock Bowers.

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2024 CFP National Championship Odds

Michigan beat Washington 34-13 at NRG Stadium in Houston on January 8, 2024, capping a perfect 15-0 season and winning the program’s first national title since 1997.

The 2023-24 season was the last hurrah for the four-team playoff format before expansion to 12 teams.

Georgia opened as the favorite chasing a three-peat. Undefeated Florida State got famously snubbed from the bracket after Jordan Travis went down. Michigan ran the table and locked up Jim Harbaugh’s first championship.

Below, see how the 2024 CFP National Championship odds shifted throughout the season.

2024 CFP Championship Line Movement

• [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.

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2023 CFP National Championship Odds

Georgia ran it back. The Bulldogs captured their second straight national title with a 65-7 demolition of TCU, the most lopsided title game in CFP history.

The 2022-23 season featured a wild back-end run from TCU, who opened as a massive longshot and shocked Michigan in the Fiesta Bowl semifinal before getting crushed by Georgia.

Alabama opened as the preseason favorite but missed the playoff entirely after losing to Tennessee in October. Ohio State backed into the field after USC fell in the Pac-12 title game.

Below, see how the 2023 CFP National Championship odds shifted throughout the season.

2023 CFP Odds Movement Timeline

• Dec. 31: Georgia took down Ohio State in Peach Bowl, setting up a National Championship showdown with TCU. The Bulldogs are heavy -550 favorites to repeat as champions.
• Dec. 31: TCU’s odds improved from +1400 to +460 after upsetting Michigan in the Fiesta Bowl. The Horned Frogs will play the winner of Ohio State/Georgia in the National Championship.
• Dec. 4: USC’s loss to Utah in the Pac-12 title game opened the door for #5 Ohio State to sneak into a College Football Playoff berth; the Buckeyes’ title odds improved from +1500 to +345 as they sat and watched on conference-championship weekend.
• Nov. 27: Michigan improved from +1000 to +295 after its dominant win over Ohio State. The Buckeyes faded from +230 to +1500.
• Nov. 20: An awful loss to South Carolina (63-38) sent Tennessee tumbling out of the national championship odds. A bitter end to a once-euphoric season for the Vols.
• Nov. 6: Georgia (-105) became the odds-on favorite after defeating Tennessee handily (27-13).
• Oct. 23: After handing UCLA its first loss of the season, Oregon’s odds improved to +4000. But the Pac-12’s best title hopeful still only has the seventh-shortest odds in the nation.
• Oct. 16: Alabama faded from +235 to +425 after losing to Tennessee. The Vols improved from +4000 to +1900.
• Oct. 9: UCLA was the big mover in Week 6, improving to +4500 after an impressive 42-32 win over Utah at home.
• Sep. 11: After Alabama narrowly escaped Texas (20-19), the Tide saw their odds fade from +178 to +190. Georgia is a close second-favorite at +225 after dominant wins in Weeks 1 and 2.
• Aug. 10: Just 17 days from Week 0, the Buckeyes (+300) have overtaken Georgia (+388) for second-favorite. Bama remains heavy chalk at +180.
• Feb. 1: USC landed top QB transfer Caleb Williams from Oklahoma and saw its title odds improve from +5000 to +4000.
• Jan. 10: Alabama opened as +250 favorites to win the 2022-23 CFP title. Defending champion Georgia is second a +450. Ohio State (+700) is the only other team in triple digits.

Closing 2023 NCAAF Championship Odds

Odds as of Dec. 31, 2022, at FanDuel.

2023 ACC Teams

2023 Big 12 Teams

2023 Big Ten Teams

2023 Pac-12 Teams

2023 SEC Teams

2023 Group of Five Contenders

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2022 CFP National Championship Odds

Georgia broke a 41-year title drought, capturing the school’s first national championship since 1980 with a 33-18 win over SEC rival Alabama.

The Bulldogs announced themselves in Week 1 with a 10-3 defensive-driven win over Clemson and never looked back. They finished 14-1.

Alabama opened as the preseason favorite to repeat after demolishing Ohio State in the previous title game. The Tide held the top spot for most of the year but couldn’t keep up with Georgia’s defense when it mattered.

Below, see how the 2022 CFP National Championship odds shifted throughout the season.

2022 CFP Odds Movement Timeline

• Jan. 3: Georgia has opened as a -145 favorite over Alabama in the title game after stomping #3 Michigan in the semifinals, 34-11.
• Dec. 19: Two weeks of pre-game betting have shown that bettors have more confidence in Alabama (which improved from +128 to +120) than Georgia (which faded from +128 to +135).
• Dec. 5: With a dominant win in the SEC title game, Alabama has become a co-favorite with Georgia at +128. Michigan (+800) and Cincinnati (+1200) are widely expected to be the other two teams that qualify for the CFP this afternoon and sit third and fourth, respectively.
• Nov. 28: Michigan’s huge win over Ohio State moved its odds from +4500 to +950. OK State’s equally huge win over Oklahoma moved the Cowboys from +4500 to +1300. Both teams likely need to win their conference-title games next weekend to reach the four-team playoff.
• Nov. 21: The Buckeyes improved again (from +375 to +300) after a 56-7 statement win over #7 Michigan State. Oregon faded from +2750 to +20000 thanks to a 38-7 blowout loss at the hands of Utah.
• Nov. 14: Ohio State (+375) moved past Alabama (+405) into second. Georgia (-123) continued to get shorter.
• Nov. 8: Michigan State and Wake Forest both took their first losses of the season and dropped precipitously in the odds.
• Nov. 1: Georgia is at even money (+100) after running its record to 8-0 with a +250 point differential (31.25 average margin of victory).
• Oct. 24: OK State faded from +5500 to +10000 after suffering its first loss of the season at Iowa State, which improved modestly from +12500 to +10500.
• Oct. 17: Iowa tumbled from +3000 (fifth-best odds) to +7500 after a stunning 24-7 upset loss to a sub-five-hundred Purdue team at home.
• Oct. 10: Alabama’s stunning upset loss at the hands of Texas A&M led to the Tide fading to +225. Georgia, which routed Auburn on the road, is now the +125 favorite.
• Oct. 3: Cincinnati improved from +4500 to +3250 after handing Notre Dame its first loss of the season in South Bend. The Irish faded from +5000 to +14000.
• Sep. 26: The gap between Alabama (+175) and Georgia (+188) is almost nil. The gap to third-favorite Ohio State (+1400) has grown to a chasm.
• Sep. 19: A number of second-tier contenders improved again after Week 3, including Oregon (+3250 to +1800), Penn State (+4500 to +2750), Michigan (+6250 to +4500), Iowa (+7000 to +5000), and Ole Miss (+10000 to +6750).
• Sep. 12: Oregon improved from +6500 to +3250 after upsetting Ohio State on the road in Week 3. Elsewhere in the Pac-12, USC faded from +5500 to +15000 thanks to getting routed by Stanford at home.
• Sep. 5: Alabama improved to +208 after beating down Miami (44-13) in Week 1; Georgia stunned Clemson (10-3) and improved to +400 in the process. Clemson faded to +650.
• Sep. 1: Texas A&M (+2925) moved in front of Iowa State (+3075) and is now the sixth-favorite.
• Aug. 17: Early money seems to be more on Alabama than the other favorites. The Tide improved from +258 to +250 while Georgia faded from +563 to +573 and Ohio State from +606 to +613. Clemson (+408) and Oklahoma (+713) stayed the same.
• Aug. 9: Even though Spencer Rattler’s Heisman odds are shortening in the preseason, Oklahoma’s title odds faded from +688 to +713. The rest of the top-five favorites stayed the same.
• Aug. 3: After a summer of transfers across the nation, Alabama has shortened from +300 to +253, while second-favorite Clemson faded from +388 to +408. Georgia (+563) passed Ohio State (+606) as third-favorite. Oklahoma (+688) rounds out the top-five, as usual.
• Jan. 25: Alabama’s odds have already shortened from +325 to +300. Two other top-five teams – Georgia and Oklahoma – saw their odds fade slightly: Georgia dropped from +750 to +775 and Oklahoma from +725 to +788.
• Jan. 12: The day after Alabama routed Ohio State in the 2021 National Championship Game (52-24), the Tide opened as +325 favorites to repeat.

Closing 2022 CFP National Championship Odds

Odds as of Jan. 3, 2022.

2022 ACC Teams

2022 Big 12 Teams

2022 Big Ten Teams

2022 PAC-12 Teams

2022 SEC Teams

2022 Group of Five Contenders

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2021 CFP National Championship Odds

Alabama capped a perfect 13-0 season with a 52-24 demolition of Ohio State in the National Championship Game on January 11, 2021.

The Tide weren’t favored from the outset. Trevor Lawrence’s Clemson Tigers held the top spot for much of the year before COVID and injuries derailed their season.

The 2020-21 season was disrupted by the pandemic, with the Big Ten and Pac-12 initially opting out before reversing course. Ohio State pulled the upset of Clemson in the semifinals to set up the title game with Alabama.

Below, see how the 2021 CFP National Championship odds shifted throughout the season.

2021 CFP Odds Movement Timeline

• Jan. 2: Even after Ohio State’s impressive upset over Clemson in the semifinals, the Buckeyes are a big underdog in the title game (+242).
• Dec. 28: After the CFP field was set, the early betting led to Alabama improving from -169 to -173 and Clemson improving from +255 to +198, while Ohio State faded from +531 to +673 and Notre Dame faded from +2050 to +2425.
• Dec. 21: After dismantling Florida in the SEC title game – as expected – Alabama is a -169 favorite to win the College Football Playoff. Bama faces Notre Dame (+2050) in the semifinals while Clemson (+255) meets Ohio State (+531).
• Dec. 14: Heading into conference-championship weekend, Alabama has shortened to -142; Clemson remains the second-favorite, but the Tigers faded slightly from +250 to +265.
• Dec. 7: For the first time this season, the favorite (Alabama) is shorter than even money, sitting at -104.
• Nov. 30: Ohio State’s inability to take the field in Week 13 (due to COVID) led to their national championship odds fading from +224 to +413.
• Nov. 25: Not much change after last week. Alabama (+142), Ohio State (+224), and Clemson (+321) continue to sit well ahead of secondary contenders like Florida (+1100) and Notre Dame (+1400).
• Nov. 16: Alabama (+163), Ohio State (+263), and Clemson (+313) are still heavily favored over the rest of the field, but Florida (+1050) has seen its odds improve two-fold in the last three weeks.
• Nov. 9: With Trevor Lawrence sidelined for a second straight week, Clemson fell 47-40 (2OT) to Notre Dame. But their title odds only fell from +188 to +313. Oddsmakers still expect Dabo Swinney to win the ACC title once Lawrence returns.
• Nov. 2: Clemson barely eked out a win over Boston College (34-28) with Trevor Lawrence sidelined by COVID. Their odds fell from +140 to +188. They remain the chalk, but Alabama (+200) is on their heels.
• Oct. 26: Ohio State held serve in its opener against Nebraska (52-17) and saw its odds improve modestly from +300 to +292.
• Oct. 18: Despite getting shutout in the second half of a 41-24 loss to Alabama, Georgia (+1400) still has the fourth-best odds to win the title. But the gap between UGA and the top three – Clemson (+135), Alabama (+300), Ohio State (+300) – is growing.
• Oct. 11: Florida’s loss at Texas A&M dropped its odds from +1333 to +2300. Miami also fell hard, fading from +5000 to +13333 after Clemson handed the Hurricanes a 41-17 beatdown.
• Oct. 5: Oklahoma (+8200) has tumbled out of the top ten after a second loss in as many weeks. Alabama’s rout of Texas A&M moved them into second at +283, ahead of still-idle Ohio State (+293).
• Sep. 17: With Ohio State (and the rest of the Big Ten) inserting itself back into 2020 National Championship contention, Clemson and Alabama saw their odds fade slightly.
• Sep. 11: The National Championship odds are finally back up at multiple sportsbooks. The new data shows Clemson’s odds shortened from +225 to +169 after the Big Ten and Pac-12 opted out of the season.
• July 16: LSU didn’t stay in quadruple digits for long. The reigning champions improved from +1075 to +825 over the last month.
• June 17: There has been little change among the favorites, except that reigning champion LSU has dropped from +750 to +1075 since mid-April.
• May 9: The biggest movement of late saw Oregon (+2500) and Auburn (+2800) move into the top ten, bumping out Texas A&M (+3000) and Notre Dame (+3500).
• Mar. 13: CFP title futures are still up during the coronavirus pandemic; Clemson (+225) and Ohio State (+300) remain a tier above even Alabama (+450).
• Feb. 13: Texas A&M (+2800) and Penn State (+3300) both entered the top ten in the last update, while Auburn and Texas (both +4000) dropped out.
• Jan. 21: Travis Etienne’s return to Clemson has consolidated the Tigers’ status as 2021 title favorites.
• Jan 14: Though they were just trounced by LSU in the 2020 title game, the Clemson Tigers have opened as 2021 title favorites at almost every sportsbook, ranging from +225 to +250.

Closing 2021 National Championship Game Odds

Odds as of Jan. 2, 2021.

2021 ACC Contenders

2021 Big 12 Contenders

2021 Big Ten Contenders

2021 PAC-12 Contenders

2021 SEC Contenders

2021 Group of Five Contenders

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2020 CFP National Championship Odds

Joe Burrow and LSU put together one of the most dominant seasons in modern college football history, winning the 2019-20 national title with a 42-25 win over Clemson.

The Tigers finished 15-0 and beat seven different top-10 teams along the way, including Alabama, Auburn, Florida, Georgia, Oklahoma, Texas, and Clemson. The title win ended Clemson’s 29-game winning streak.

Nobody saw it coming. LSU opened as a longshot in the preseason while Clemson and Alabama were the heavy favorites.

Below, see how the 2020 CFP National Championship odds shifted throughout the season.

2020 CFP Odds Movement Timeline

• [Jan. 7] LSU’s odds to win the title have shortened ever so slightly over the last week, going from -210 to roughly -225 on average.
• [Dec. 30] LSU and Clemson are set to meet in the title game and LSU has become a -210 favorite after opening at -195. Stay tuned for updates on further odds movement as Jan. 13th approaches.
• [Dec. 9] The four-team playoff is set, and LSU is now at the top of the odds largely because they get to face the weakest of the four: Oklahoma.
• [Dec. 2] Alabama is off the board after losing the Iron Bowl. The biggest gainers were Utah and Oklahoma.
• [Nov. 26] Oregon’s loss to Arizona State led to gains for Georgia, Alabama, Utah, and Oklahoma, who are now in a four-team race for the last CFP berth.
• [Nov. 18] Despite sitting outside the top-four in the CFP rankings and losing Tua Tagovailoa for the season, Alabama is still fourth in the title odds at +967.
• [Nov. 8] Clemson dropped slightly after getting the #5 spot in the first CFP rankings, but not by much; the Tigers are still +225 favorites.
• [Nov. 5] Baylor has entered the top ten for the first time this year, but the Bears are still a distant +12500.
• [Oct. 22] Wisconsin (+4500) has tumbled after losing to Illinois as 30-point favorites. Alabama also fell to +250 due to Tua Tagovailoa’s ankle injury.
• [Oct. 16] Georgia’s loss to South Carolina has seen their odds (+1600) tumble out of the top five. LSU (+750) replaces the Bulldogs.
• [Oct. 10] Auburn dropped to +5000 after losing to Florida, but remains in the top ten by the skin of its teeth.
• [Oct. 4] Penn State is in the top ten for the first time (+6067), bumping out Florida (+6600) even though the Gators are still unbeaten.
• [Sep. 27] LSU (+1100) has bounced Oklahoma (+1267) out of the top-five favorites.
• [Sep. 18] The LSU Tigers are moving up (now +1800) but haven’t quite cracked the top five, still a little behind Oklahoma (+1400).
• [Sep. 10] Two straight shutouts has boosted Wisconsin (+4000) into the top ten, while Texas (+8000) has dropped out after losing to LSU in a thriller.
• [Sep. 3] Any questions about Ohio State under Ryan Day (or rather without Urban Meyer) were answered emphatically in OSU’s Week 1 rout of FAU. The Buckeyes scored four straight TDs to open the game, led 35-0 at halftime, and cruised to a 45-21 victory. Their title odds went from +1400 to +1000 as a result.
• [Aug. 27] Ohio State is level with Oklahoma again at +1400 (T4th-best odds) with Week 1 less than 48 hours away.
• [Aug. 22] No changes in the top ten, but Clemson is at an all-time high … make that low? Their odds (+183) are as short as they’ve ever been, is what I’m trying to say.
• [Aug. 16] There’s a big gap between teams #3-7 and teams #8-10. Michigan is #7 at +1600, while Texas is #8 at +2525.
• [Aug. 10] Georgia has moved from +900 at the start of August to +813 just a week later. That’s still well behind Clemson (+190) and Alabama (+223), but not as far behind as before.
• [July 19] The Big Ten is on the rise. Both Ohio State (+950 to +910) and Michigan (+1500 to +1400) got shorter over the last two weeks, while the three National Championship favorites (Clemson, Alabama, Georgia) stagnated.
• [July 3] Each of the top-four favorites (Clemson, Alabama, Georgia, & Ohio State) saw its average National Championship odds get slightly longer in July.
• [June 19] LSU is moving up in the odds, rising from +3700 to +2800, bumping Washington from the top ten. The Pac-12 is now unrepresented in the top-ten title favorites.
• [May 7] Clemson and Alabama are nearly even at the top with Georgia and Ohio State steadily making gains.
• [Apr. 17] The gap between Clemson and Alabama has narrowed slightly after Clemson’s Spring Game, while Oklahoma has jumped into the top five.
• [Jan. 8] Clemson is listed as the favorite at nearly every sportsbook.
• [Jan. 7] Online betting sites opened their 2020 National Championship odds with Alabama listed as the favorite, before they were dismantled 44-16 in the National Championship Game by Clemson.

Closing 2020 National Championship Odds

Odds as of Jan. 13, 2020.

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2019 CFP National Championship Odds

Clemson laid a 44-16 beating on Alabama in the 2019 National Championship Game, capturing the program’s second title in three years.

The Tide and Tigers were the title favorites from Week 1 and both went undefeated on the road to Levi’s Stadium. They had met in three of the previous four title games.

Oddsmakers expected a close one. The 28-point Clemson blowout caught everyone off guard.

Below, see how the 2019 CFP National Championship odds shifted throughout the season for the power-conference teams and top G5 contenders.

2019 CFP Teams

The futures odds saw plenty of fluctuation as the season unfolded. Notre Dame went unbeaten until the College Football Playoffs, while Heisman winner Kyler Murray had bettors believing in Oklahoma.

Atlantic Coast Conference (ACC)

Big 12 Conference

Big Ten Conference

Pac-12 Conference

Southeastern Conference (SEC)

G5 Conferences/Independents