College Football National Championship Odds 2027 | Ohio State Favorite

• College football national championship odds are live for every contending program
• Ohio State leads at +600, with Notre Dame next at +700
• The graphs below show the movement in the NCAAF Championship odds throughout the season

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We track the college football national championship odds for every major contender all season long. The current 2027 CFP title odds from leading sportsbooks are below, with the best available price for each team.

Our graphs plot the odds movement over time with notes on the shifts. Title odds opened right after Indiana’s 27-21 win over Miami at Hard Rock Stadium.

Ohio State sits on top now, but seven teams still price out at +1200 or shorter. Check the full board below.

College Football National Championship Odds 2027

Ohio State leads the board at +600 after a title in 2024 and a semifinal run last year. A $20 bet on the Buckeyes would profit $120 and return $140 total. Notre Dame follows at +700, chasing its first title in 38 years.

Texas and Indiana are tied at +750. Oregon (+800) and Georgia (+900) round out the top six. The betting splits tell their own story below.

*Odds above update every 15-60 minutes from top-rated college football betting apps, including FanDuel, DraftKings, and BetMGM. New users at BetMGM should grab the latest BetMGM bonus code before betting.

Odds to Win the 2027 National Championship

These line graphs compile averaged championship odds from multiple vetted sportsbooks featured at SBD. The charts update weekly during the regular season, plus after major offseason developments.

National Championship Odds Movement Timeline

Here’s the line movement from opening to now for the top contenders:

• [July 1] Miami shortens from +2000 to +1200, while Ole Miss drops from +4000 to +2500.
• [May 15] Texas Tech drifts from +1500 to +2200 after Brendan Sorsby is ruled out for 2026, while Clemson slides from +2500 to +5000.
• [January 19] Odds open after Indiana’s 27-21 win over Miami. Ohio State opens on top at +600, while Indiana debuts at +800.

College Football National Championship Betting Splits

Where the money and tickets are landing at BetMGM for the 2027 title:

Notre Dame draws the most tickets, but Ohio State holds the most money. Texas sits third in both. No other team tops a 5% ticket share yet.

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College Football National Championship Opening Odds

Here’s where the top teams opened on January 19, right after the title game:

• Ohio State (+600)
• Notre Dame (+700)
• Oregon (+700)
• Texas (+700)
• Indiana (+800)
• Georgia (+900)
• Alabama (+1500)
• LSU (+1500)
• Texas A&M (+1500)
• Texas Tech (+1500)
• Miami (+2000)

Opening odds via BetMGM.

2027 Early CFP Championship Favorites

Ohio State leads at +600. Notre Dame (+700) is next, followed by Texas and Indiana tied at +750. Oregon (+800) and Georgia (+900) sit just behind, with Miami (+1200) rounding out the top seven.

Ohio State Buckeyes National Championship Odds

Current Odds: +600
2025 Record: 13-2
Conference: Big Ten

The Buckeyes return the best QB-WR duo in college football. Quarterback Julian Sayin threw for 3,610 yards and 32 touchdowns as a redshirt freshman, finishing fourth in Heisman voting. Receiver Jeremiah Smith caught 163 passes for 2,558 yards and 27 touchdowns across his first two seasons.

Ohio State returns 12 starters (8 on offense, 4 on defense) and added impact defenders through the portal. The schedule is brutal with road games at Texas, Indiana, Iowa, and USC.

Notre Dame Fighting Irish National Championship Odds

Current Odds: +700
2025 Record: 11-2
Conference: Independent

The Irish have the easiest path among favorites. Quarterback CJ Carr completed 66% of his passes for 2,741 yards and 24 touchdowns as a redshirt freshman. He leads the Heisman board too, so the year-two hype is real.

Notre Dame’s schedule creates a clear path to an undefeated or one-loss regular season. Marcus Freeman’s defense held its final nine opponents to 17 points or fewer in 2025. The Nov. 7 trip to Miami is the season’s biggest test.

Texas Longhorns National Championship Odds

Current Odds: +750
2025 Record: 10-3
Conference: SEC

Arch Manning enters 2026 looking to bounce back after a season that saw Texas miss the playoff. Manning threw for 2,942 yards and 24 touchdowns while adding rushing scores. The bettors like the rebound: Texas draws 10.1% of tickets and 13.8% of the money at BetMGM.

Texas addressed offensive gaps through the portal. Auburn transfer Cam Coleman brings elite receiving talent. Raleek Brown and five-star Derrek Cooper upgrade the backfield. Manning had minor foot surgery in January but should be ready for fall camp.

Indiana Hoosiers National Championship Odds

Current Odds: +750
2025 Record: 16-0
Conference: Big Ten

The defending champs won’t sneak up on anyone this time. Indiana’s run from 100-to-1 longshots to national champions was one of the great underdog stories in the sport’s history.

Heisman winner Fernando Mendoza left for the NFL after throwing 41 touchdowns. Curt Cignetti landed TCU transfer Josh Hoover, college football’s leading returning passer with 9,629 career yards and 71 touchdowns. The defense allowed just 9.3 points and 219.1 yards per game in 2025, the best marks in the country.

Oregon Ducks National Championship Odds

Current Odds: +800
2025 Record: 13-2
Conference: Big Ten

Quarterback Dante Moore is back after throwing for 3,565 yards and 32 total touchdowns while completing 72% of his passes. The entire starting defensive line also returns, giving Dan Lanning one of the nation’s best fronts. Plenty of sharps call the Ducks the best value in the top tier.

CFP National Championship History

The College Football Playoff era began in 2014-15, replacing the BCS system with a four-team format. Starting in 2024-25, the playoff expanded to 12 teams.

Ohio State won the inaugural playoff championship in 2015, defeating Oregon 42-20. Alabama dominated the CFP era with three titles (2015-16, 2017-18, 2020-21), while Clemson captured two (2016-17, 2018-19). Georgia won back-to-back titles in 2021-22 and 2022-23. Michigan won in 2023-24, Ohio State in 2024-25, and Indiana claimed the 2025-26 crown.

Indiana became the first team to go 16-0 and win a national championship since 1897 Penn. The Big Ten has now won three straight national championships (Michigan 2023-24, Ohio State 2024-25, Indiana 2025-26). See the current odds to make the College Football Playoff in our tracker.

Active College Coaches with National Championships

Curt Cignetti joined the national championship club with Indiana’s 2025-26 title. Dabo Swinney and Kirby Smart lead active coaches with two titles each.

College Football Championship Odds FAQ

Which teams are the favorites to win the CFP National Championship?

Ohio State is the favorite at +600 to win the College Football National Championship. Notre Dame (+700) is next, followed by Texas and Indiana tied at +750. Oregon (+800) and Georgia (+900) sit just behind.

Can I bet on College Football Championship odds?

Yes, the College Football National Championship odds are available to be wagered on. Our top recommended sportsbooks for betting CFP odds are Caesars, Bet365 and BetMGM.

Who won the national championship last season?

Indiana won the national championship last season, defeating Miami 27-21 at Hard Rock Stadium to cap a perfect 16-0 season.

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Archived NCAAF CFP National Championship Odds:

• 2026, 2025, 2024, 2023, 2022, 2021, 2020, 2019