2027 CFP National Championship Odds: Four Teams Open at +700

• Track the CFP National Championship odds for every contending NCAA football program
• Ohio State, Notre Dame, Indiana, and Texas open as co-favorites at +700
• The graphs below show the movement in the NCAAF Championship odds throughout the season

---

We’re tracking the 2026-27 college football national championship odds for all major contenders through the entire season. The current CFP Championship odds from leading sportsbooks are displayed below, highlighting the best available prices for each team.

Our graphs plot the championship odds movement over time with detailed analysis explaining the shifts. National title odds opened immediately after Indiana’s 27-21 victory over Miami at Hard Rock Stadium. Four teams now share favorite status. Check out the complete championship odds below with detailed line movement notes.

2027 National Championship Odds

Four teams share favorite status for the 2027 CFP National Championship. Ohio State, Notre Dame, Indiana, and Texas all sit at +700. A $20 wager on any co-favorite would profit $140 and return $160 total.

Oregon (+900) and Georgia (+1100) follow close behind. The Ducks return quarterback Dante Moore and their entire starting defensive line. Georgia brings back Gunner Stockton under center for Kirby Smart.

*National championship odds refresh every 1-2 hours, pulling from leading sports betting platforms like DraftKings, FanDuel, and BetMGM; new users at DraftKings should grab the latest DraftKings promo before betting.

Track 2027 CFP Championship Odds

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.

For those placing CFP Championship futures bets, consider the bet365 bonus code for new customers this college football season. Bettors can also register with ESPN’s sportsbook platform and secure an ESPN BET promo for championship game wagering.

National Championship Line Movement

Here’s the detailed movement for leading CFP Championship contenders:

• [January 25] Four teams share favorite status at +700: Ohio State, Notre Dame, Indiana, and Texas. Oregon sits fifth at +900. Georgia moved to +1100 as questions linger about replacing four starting receivers.
• [January 20] Indiana’s title win pushed the Hoosiers from +10000 preseason to +700 co-favorites. Lane Kiffin’s arrival bumped LSU from +2500 to +1300.
• [January 19] Opening odds released after Indiana’s 27-21 victory over Miami. Ohio State led early at +650 despite their Cotton Bowl loss to the Hurricanes. The Buckeyes return Julian Sayin and Jeremiah Smith, college football’s most dangerous QB-WR combo.

2027 Early CFP Championship Favorites

Four teams share the top spot at +700: Ohio State, Notre Dame, Indiana, and Texas. Oregon (+900) and Georgia (+1100) sit just behind, followed by LSU (+1300) and Texas Tech (+1500).

Ohio State Buckeyes National Championship Odds

Current Odds: +700
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. His Heisman odds (+800) reflect expectations for a big leap in year two.

Notre Dame’s schedule creates a clear path to an undefeated or one-loss regular season. Marcus Freeman’s defense held their final nine opponents to 17 points or fewer in 2025.

Indiana Hoosiers National Championship Odds

Current Odds: +700
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 is the second-greatest preseason underdog story in major sports history, trailing only the 1999 St. Louis Rams.

Heisman winner Fernando Mendoza left for the NFL after throwing for 3,535 yards and 41 touchdowns while completing 72% of his passes. 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 college football.

Texas Longhorns National Championship Odds

Current Odds: +700
2025 Record: 10-3
Conference: SEC

Arch Manning enters 2026 looking to bounce back after a disappointing season that saw Texas miss the playoff. Manning threw for 3,163 yards and 26 touchdowns while adding 10 rushing scores.

Texas addressed offensive gaps through the portal. Auburn transfer Cam Coleman brings elite receiving talent. Hollywood Smothers and Raleek Brown upgrade the backfield. New defensive coordinator Will Muschamp inherits returning talent anchored by pass rusher Colin Simmons.

Oregon Ducks National Championship Odds

Current Odds: +900
2025 Record: 13-2
Conference: Big Ten

Quarterback Dante Moore is back after throwing for 3,567 yards and 31 touchdowns while completing 72.5% of his passes, the third-best rate in the Power 4. The entire starting defensive line also returns, giving Dan Lanning one of the nation’s best fronts.

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.

Table updated through 2025-26 CFP.

Indiana became the first team to go 16-0 and win a national championship since 1897 Penn. The Big Ten has now won three consecutive 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, Notre Dame, Indiana, and Texas are co-favorites at +700 to win the College Football National Championship. Oregon (+900) and Georgia (+1100) 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.

---

Archived NCAAF CFP National Championship Odds:

• 2026
• 2023
• 2022
• 2021
• 2020
• 2019