2026-27 CFP Futures Odds: Ohio State the Favorite; Indiana No. 5
College Football Playoff championship odds for 2026-27 are already on the board and actually getting a little action in the very early going.
Indiana is the defending national champion, by way of its win over Miami in the 2025-26 title game. But the Hoosiers debuted as the fifth choice in 2026-27 CFP championship odds. Big Ten rival Ohio State is the favorite.
Below are current College Football Playoff futures odds from an array of operators. To get the most out of your college football bets, use our Fanatics Sportsbook promo.
(Feature image: Brett Davis/Imagn Images)
National Championship Winner Odds
| Time | BetMGM | DraftKings | Caesars | FanDuel | RiversCasino | |
|---|---|---|---|---|---|---|
| |  › |  › |  › |  › |  › | |
| +600 | +700 | +675 | +700 | +700 | ||
| +700 | +700 | +725 | +700 | +650 | ||
| +800 | +700 | +725 | +700 | +650 | ||
| +700 | +700 | +600 | +650 | +700 | ||
| +700 | +900 | +775 | +950 | +800 | ||
| +900 | +1100 | +800 | +1100 | +800 | ||
| +1200 | +1300 | +1100 | +1600 | +1400 | ||
| +1600 | +1500 | +1800 | +1300 | +1600 | ||
| +1500 | +1500 | +1300 | +1400 | +800 | ||
| +1500 | +1800 | +1700 | +1600 | +1600 | ||
| +1500 | +2200 | +1500 | +2700 | +1600 | ||
| +4000 | +3500 | +3000 | +3500 | +3300 | ||
| +4000 | +3500 | +3500 | +3500 | +5000 | ||
| +3000 | +3500 | +3500 | +3500 | +4000 | ||
| +2500 | +4000 | +4000 | +4000 | +3300 | ||
| +5000 | +5000 | +5000 | +6000 | +6600 | ||
| +8000 | +6000 | +4500 | +5000 | +4000 | ||
| +8000 | +6500 | +8000 | +6000 | +5000 | ||
| +5000 | +6500 | +6500 | +7000 | +5000 | ||
| +8000 | +7000 | +6500 | +10000 | +5000 | ||
| +10000 | +7000 | +6500 | +8000 | +6600 | ||
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2026-27 College Football Playoff Odds
Hoosier Daddy
LATEST UPDATE: Indiana (16-0)] barely held off Miami in the 2025-26 national championship game. The Hoosiers got an interception on the Hurricanes' final drive, preserving a 27-21 victory.
It was the first football national title in school history, and on a perfect season no less.
"The Hoosiers winning but not covering was a good outcome in the title game. Indiana was also optimal in the futures market," BetMGM trading manager Seamus Magee said.
But sports betting always looks forward. Even before Indiana's win in the final, BetMGM and many other sportsbooks already had 2026-27 College Football Playoff championship odds on the board.
Ohio State, which lost to Miami in the 2025-26 quarterfinals, debuted as the +600 favorite, followed by Notre Dame, Oregon and Texas, all at +700. Then comes defending champion Indiana as the +800 fifth choice.
Action is obviously very light, with 12 months to go in College Football Playoff futures odds. But Indiana has the early lead in ticket count, and Ohio State has a huge early edge in money.
The top five in tickets in BetMGM's CFP futures:
- Indiana
- Notre Dame
- Ohio State
- LSU
- Georgia
LSU is the +1500 co-seventh choice, along with Alabama. Georgia is the +900 sixth choice.
The top five in money in BetMGM's CFP championship odds:
- Ohio State
- Notre Dame
- LSU
- Indiana
- Penn State
Ohio State is taking more than 50% of early money, three times more than Notre Dame. Penn State is getting a little flier money early, with the Nittany Lions +5000 in odds to win the CFP.
Miami, coming off its runner-up finish in 2025-26, is the +2000 11th choice at BetMGM. The Hurricanes are sixth in early ticket count and 10th in early money.
Michigan is the only notable mover in the very early going. The Wolverines opened +3000 and shortened to +2500.
Opening National Championship Odds
Listed below are are the Jan. 19 opening college football odds to win the 2026-27 National Championship, from BetMGM:
- Ohio State +600
- Notre Dame +700
- Oregon +700
- Texas +700
- Indiana +800
- Georgia +900
- Alabama +1500
- LSU +1500
- Texas Tech +1500
- Texas A&M +1500
- Miami +2000
- Michigan +3000
- Oklahoma +3000
- USC +4000
- Ole Miss +4000
Odds Provided by BetMGM and subject to change.
Use our BetMGM bonus code today to pick which team you think will win the College Football Playoff!
College Football Playoff Format
The College Football Playoff is heading toward its third season with the 12-team format.
The field of 12 is comprised of five highest-ranked conference champions, and the next seven highest-ranked other teams. The rankings will again be determined by the College Football Playoff committee.
College Football Playoff Schedule
Check back for the full bowl schedule for the 2026-27 College Football Playoff. The national championship game is at Allegiant Stadium in Las Vegas.
How To Read College Football Playoff Futures Odds
Over 133 schools are looking for a chance to earn a trip to the 2025-26 College Football Playoff.
Let's look at an example. Ohio State is the +500 co-favorite to win the national championship. That means a $100 wager would yield a $500 profit if the Buckeyes win the title.
How To Bet On College Football Futures
American football is the most popular game among bettors in the United States, and a large portion of that interest is from college football. Analyzing futures odds and predicting which school will become the champion every season continues to receive attention at the betting counter.
Check out our list of the best sportsbooks and sportsbook promos to find the best and most secure places to make college football bets, as well as exclusive sportsbook offers. You can also use our Caesars sportsbook promo code to unlock potential bonus bets.
College Football Futures can be bet on throughout the year. As with any betting market, there are wagering peaks and valleys. After each season ends in January, oddsmakers send out their opening futures for the following season.
The main market is for the NCAA Division 1 Football Bowl Subdivision. There are more than 125 teams divided into 10 conferences, and a group of independent schools, including Notre Dame.
Some sportsbooks set college football futures on every school eligible to win the championship. But other operators keep the list at 50 teams or even fewer, since some lower-tier schools don’t have a competitive chance. The Future Odds market doesn’t receive as much attention in the spring, but interest tends to pick up in the summer and in the first couple weeks of the regular season.
Interest tends to heighten again as conference championship weekend draws near. And betting on College Football Playoff futures odds really picks up after the 12-team field is set.
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NCAAF Popular Futures Odds
- Heisman Trophy
- College Football Playoff
- Win Totals
- SEC Championship
- Big Ten Championship
- Big 12 Championship
- American Championship
- MWC Championship
- Sun Belt Championship
- CUSA Championship
- MAC Championship
Most Popular Betting Odds
