2025-26 CFP Futures Odds: Ohio State Still On Top in Close Race
College Football Playoff championship odds for 2025-26 are perking up, with three weeks in the books.
Ohio State remains the favorite in 2025-26 College Football Playoff futures odds. Penn State and Georgia are close behind.
Below are current CFP odds from an array of operators. Also, check out our College Football Week 4 odds report. And to get the most out of your college football bets, use our Fanatics Sportsbook promo.
(Feature image: Kirby Lee/Imagn Images)
National Championship Winner Odds
2025-26 College Football Playoff Odds
Stable Favorite
LATEST UPDATE: Ohio State got a semi-breather in Week 3, hosting MAC foe Ohio. The Buckeyes breezed to a 37-9 victory to get to 3-0, and BetMGM left them intact as the favorite.
But the number slid a bit, for the second straight week. Post-Week 2, Ohio State went from +500 to +525, and post-Week 3, the Buckeyes are +550 in College Football Playoff championship odds..
Penn State and Georgia, both 3-0, remain the +600 co-second choice, followed by Texas (2-1) and Oregon (3-0) at +700.
On the flip side, Clemson's decline continued in Week 3. The Tigers (1-2) lost at Georgia Tech 24-21 on a final-seconds 55-yard field goal.
Pre-Week 1, Clemson got as short as +900, after opening +2000. Post-Week 2, the Tigers were out to +2000. Now, Clemson is +5000.
There are three huge plays on three of the aforementioned teams. All three wagers came from the same bettor at the same time, in late June at BetMGM in Arizona:
- $300,000 Texas +500
- $200,000 Penn State +750
- $115,000 Clemson +1300
Geaux Tigers
LATEST UPDATE: When BetMGM first opened college football national championship odds, LSU was +2000. Ahead of a Week 1 showdown with Clemson, LSU was into +1400.
In the wake of the Bayou Bengals' 17-10 victory over Clemson, LSU moved to the +1100 sixth choice. After Week 2, the Tigers (2-0) moved into +1000, with a big home date vs. Florida in Week 3.
LSU took that matchup 20-10 to move to 3-0, and the Bayou Bengals remained the +1000 sixth choice in BetMGM's College Football Playoff odds. And bettors are responding.
"Since Week 1, 27% of money is on LSU to win the College Football Playoff. The Tigers have seen their odds move from +2000 to +1000 and are now the biggest liability for the sportsbook," BetMGM trading manager Seamus Magee said.
Post-Week 1, LSU was fifth in ticket count and third in money in BetMGM's College Football Playoff futures odds. Now, LSU is tied with Texas for second in tickets, with both schools right on Penn State's heels. the Tigers remain third in money count.
Other notable movers, from pre-Week 3 to post-Week 3:
- Notre Dame (0-2) from +1500 to +2500.
- Oklahoma (3-0) from +3500 to +2000.
- Texas A&M (3-0) from +2500 to +1500, after upsetting Notre Dame.
- Miami (3-0) from +2500 to +2000.
- Tennessee (2-1) from +8000 to +3500, despite losing to Georgia in overtime.
- Florida (1-2) from +5000 to +8000 after losing at LSU. The Gators were +2500 two weeks ago.
Opening National Championship Odds
Listed below are January's opening odds to win the 2025-26 National Championship
- Ohio State +450
- Texas +550
- Georgia +600
- Oregon +700
- Penn State +850
- Notre Dame +1200
- Alabama +1200
- Clemson +2000
- LSU +2000
- Tennessee +2000
- Texas A&M +3000
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!
If you are looking for a week-by-week breakdown, look no further than our College Football Week 1 odds report!
College Football Playoff Format
Last season, the College Football Playoff went from four teams to 12 teams, and it will again be 12 teams for the 2025-26 season.
The field of 12 is comprised of six conference champions, plus the six highest-ranked other teams. The rankings will again be determined by the College Football Playoff committee.
College Football Playoff Schedule
Here is the bowl schedule for the 2025-26 College Football Playoff.
First round (Dec. 19-20) — On campus
- Friday, Dec. 19: One game
- Saturday, Dec. 20: Three games
Quarterfinals (Dec. 31-Jan. 1)
- Wednesday, Dec. 31: Cotton Bowl
- Thursday, Jan. 1: Orange Bowl (early afternoon)
- Thursday, Jan. 1: Rose Bowl (late afternoon)
- Thursday, Jan. 1: Sugar Bowl (primetime)
Semifinals (Jan. 8-9)
- Thursday, Jan. 8: Fiesta Bowl
- Friday, Jan. 9: Peach Bowl
CFP National Championship
- Monday, Jan. 19, Hard Rock Stadium, Miami Gardens, Fla.
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
