2025-26 CFP Futures Odds: Ohio State Strengthens as Favorite
College Football Playoff championship odds for 2025-26 are perking up, with 12 weeks complete and the third CFP rankings due.
Ohio State remains the favorite in 2025-26 College Football Playoff futures odds. Indiana and Texas A&M follow at Nos. 2 and 3, respectively.
Below are current CFP odds from an array of operators. Also, check out our College Football Week 13 odds report. And to get the most out of your college football bets, use our Fanatics Sportsbook promo.
(Feature image: Stephen Lew/Imagn Images)
National Championship Winner Odds
| Time | Bet365 | BetMGM | Caesars | FanDuel | RiversCasino | |
|---|---|---|---|---|---|---|
| |  › |  › |  › |  › |  › | |
| +175 | +185 | +180 | +190 | +180 | ||
| +500 | +500 | +500 | +500 | +500 | ||
| +700 | +700 | +725 | +750 | +700 | ||
| +1000 | +1000 | +900 | +1000 | +1000 | ||
| +1000 | +1100 | +950 | +950 | +900 | ||
| +1200 | +1400 | +1000 | +1200 | +1400 | ||
| +1400 | +1500 | +1400 | +1500 | +1500 | ||
| +1400 | +1500 | +1400 | +1300 | +1300 | ||
| +2000 | +2000 | +1800 | +1700 | +1700 | ||
| +2500 | +2500 | +2000 | +3000 | +2500 | ||
| +7500 | +6600 | +6000 | +8000 | +6000 | ||
| +7500 | +8000 | +7500 | +5500 | +8000 | ||
| +7500 | +8000 | +8000 | +7500 | +8000 | ||
| +10000 | +10000 | +10000 | +8000 | +10000 | ||
| +12500 | +12500 | +10000 | +10000 | +10000 | ||
| +15000 | +20000 | +20000 | +25000 | +15000 | ||
|
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2025-26 College Football Playoff Odds
Steady at the Top
LATEST UPDATE: Ohio State (10-0) posted yet another easy victory in Week 12. The Buckeyes bashed UCLA 48-10, scoring the first 34 points before the Bruins even got on the board.
After sitting at +200 the past two weeks, Ohio State is now into +185 in BetMGM's College Football Playoff championship odds. That's the shortest price of the year for Ryan Day's defending national champs.
"Ohio State continues to attract action from bettors. Since the start of October, one in every three dollars wagered has been on Ohio State to win the College Football Playoff," BetMGM trading manager Seamus Magee said.
The Buckeyes are No. 1 in ticket count and No. 1 in money in CFP futures odds, taking almost twice as many bets as No. 2 Texas.
However, No. 2 Indiana (11-0) is still the story of the season. In Week 11, the Hoosiers got all they could handle at Penn State, escaping with a 27-24 victory on a razor-thin last-minute touchdown.
Week 12 saw no such need, with Indiana dumping Wisconsin 31-7. In turn, BetMGM kept the Hoosiers as the No. 2 choice in College Football Playoff futures, while shortening the price from +600 to +500.
"Indiana looks great for the book at the moment," BetMGM trading manager Seamus Magee said. "The big bets we took on Clemson, Penn State and Texas have made some of the longer shots at the start of the year a lot more palatable for the futures book."
More on those big bets in a minute.
Back when College Football Playoff odds first posted, in January, you could've gotten Indiana at +10000 (100/1). Seven weeks ago, you still could've gotten +5000. But no longer.
Bettors are slowly buying in now, though at much-less-advantageous odds. At BetMGM, Indiana is now No. 7 in tickets, up three spots from two weeks ago, and remains No. 8 in money.
By comparison, Ohio State is seeing 2.5 times more tickets and three times more money than the Hoosiers. And that's fine with Magee, since the Buckeyes' price has been short all season in CFP odds.
"As it stands, BetMGM would have no problem at all with Ohio State winning the whole thing again. Another good team for the book," Magee said.
Rounding out the top five in tickets:
- Texas
- Penn State
- Alabama
- LSU
And tailing Ohio State in money are:
- Texas
- Penn State
- Alabama
- LSU
Texas (7-3) is very likely dead in the water now. In Week 12, the Longhorns had to win at Georgia and instead got drilled 35-10.
Subsequently, Texas plummeted from +3000 to +20000 (200/1) in BetMGM's CFP futures odds.
Alabama took a hit (8-2), as well, but is still very much in the chase. The Crimson Tide lost at home to Oklahoma 23-21 in Week 12. BetMGM then slid 'Bama from the +800 fourth choice to the +1500 co-seventh choice, joined by Oregon.
Texas A&M (10-0) saw its SEC and CFP hopes get a huge scare after digging itself into a 30-3 halftime hole vs. South Carolina. But the Aggies made a comeback for the ages and won 31-30 to stay on track.
A&M was the +700 third choice a week ago and remains the +700 third choice in BetMGM's College Football Playoff odds.
Now then, circling back to those three big bets Magee alluded to: A BetMGM customer is now out of luck on all three, with those shaky Longhorns finally losing one too many times. Back in late June, the bettor made the following major wagers:
- $300,000 Texas +500
- $200,000 Penn State +750
- $115,000 Clemson +1300
Penn State and Clemson have long since been dead tickets. Now Texas is, as well.
Trending Teams
LATEST UPDATE: Texas Tech (10-1) is getting more and more on the radar out of the Big 12. The Red Raiders were No. 8 in the initial CFP rankings, right behind then-unbeaten BYU.
But in Week 11, Texas Tech thumped those Cougars 29-7. Correspondingly, BetMGM moved the Red Raiders from +2500 to +1800 in College Football Playoff odds, and Texas Tech went up to No. 6 in the rankings.
In Week 12, Tech punched out UCF 48-9. So the Red Raiders are now the +1400 sixth choice to win the national title.
Oklahoma's road upset of Alabama was also huge. The Sooners (8-2) leapt from +6000 to +2500, 10th in BetMGM's CFP futures odds.
Miami (8-2) routed North Carolina State 41-7 in Week 12. That effort modestly improved the Hurricanes' fortunes, as they went from +10000 (100/1) to +8000.
The Hurricanes are the top-ranked team in the ACC, at No. 14. However, they need to win out and probably get some help to land the conference's auto bid into the CFP.
Along with Ohio State and Indiana, Magee said Notre Dame, Alabama and Miami are good outcomes in College Football Playoff futures odds. On the flip side, BetMGM's key liabilities are on Oregon, Texas and Texas Tech, though the Red Raiders' liability is significantly less.
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!
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
