2024 Rose Bowl Betting Odds, Predictions, Preview

The Rose Bowl wrapped up on Monday, January 1, 2024 and bettors saw Michigan hold off Alabama in overtime, 27-20 as 2.5-point favorites in Pasadena, California.

Recap all the 2024 Rose Bowl Betting Odds, Picks, Predictions and History below and be sure to check back for the 2025 installment. if you're ready to bet on college football, use our Caesars Sportsbook bonus code to unlock bonus bets.

Rose Bowl Betting Odds


  • Opening point spread: Michigan -2.5
  • Opening moneyline: Michigan -135/Alabama +115
  • Opening total: Over/Under 45.5 points scored
  • Time: 5 p.m. ET Monday, Jan. 1 (ESPN)

UPDATE 2 P.M. ET MONDAY, JAN. 1: Three hours pre-kick, Michigan has advanced to -2.5 in BetMGM's College Football Playoff semifinal odds market. That's up a point from the -1.5 flat/-1.5 (-115) the line has been at since Dec. 7.

The Wolverines opened -1.5 Dec. 3. and hit a low of -1 on Dec. 5.

Alabama is taking 61% of spread bets/60% of spread money. In addition, 68% of moneyline bets/57% of moneyline dollars are on the Crimson Tide. Plus, BetMGM has significant championship futures liability to 'Bama, largely driven by a $205,500 Tide +600 bet made during the preseason. That bet alone would pay out $1.233 million.

"We took some sharp bets today on Michigan, so we're currently sitting -2.5 Michigan," BetMGM trader Seamus Magee said. "However, it's still really heavy 'Bama money coming in. We're definitely rooting for Michigan to knock 'Bama out of our futures liability, and in the win-the-game book, as well."

The total opened at 45.5 and is currently 45.5. It topped out at 46.5 on Dec. 4, hit a low of 44.5 on Dec. 19, went to 45 Thursday and 45.5 Sunday. Ticket count is almost 5/1 and money 8/1 on the Over.

UPDATE 4 P.M. ET FRIDAY, DEC. 29: Three days ahead of kickoff, Michigan is laying 1.5 points in Caesars Sports' CFP semifinal odds market. That matches the Dec. 3 opening number, but there have been a few stops in between. Among them: a high point of Wolverines -2 on Dec. 4 and a low point of pick 'em on Dec. 13.

"We've taken a lot of Alabama action," Caesars lead college football trader Joey Feazel said. "We tested the waters by going to pick 'em. We wanted to see if a sharp thought there was value on Michigan at pick 'em, and they did.

"Within a couple hours, we took a pretty sharp wager on Michigan for $79,000. So we went back to Michigan -1.5."

Even with that bet, Rose Bowl action at Caesars is pretty tilted toward Alabama. But it's well-bet game overall, as well.

"Right now, there's a lot of action on the Rose Bowl. And it makes sense, because these are the two best teams, in our eyes," Feazel said.

Feazel added that Caesars has significant liability to Alabama and Washington in the championship futures market.

The total opened at 46, spent the early part of the month at 45.5 and has been at 45 since Dec. 13.

UPDATE 4:30 P.M. ET FRIDAY, DEC. 22: This matchup, by ticket count, continues to be the most-bet bowl matchup at BetMGM. Part and parcel to that, Alabama is No. 1 in spread tickets and spread money at BetMGM.

Since Dec. 12 at BetMGM (see below update), there's been no spread movement in the College Football Playoff semifinal odds market. Michigan remains -1.5, while tickets and money run about 2/1 on Alabama. So the Wolverines have cut into the advantage slightly; on Dec. 12, it was 2.5/1-plus tickets and 3/1 money on 'Bama.

The Crimson Tide's moneyline advantage has also shortened, but is still significant. Tickets are 4/1 and money 5/1 on Alabama to win outright.

From Dec. 5-Tuesday, the total was nailed to 45.5. On Tuesday, it dipped to 44.5. Still, BetMGM is seeing ticket count of almost 3/1 and money of 2.5/1 on the Over.

UPDATE MIDNIGHT ET TUESDAY, DEC. 12: On Dec. 3, once the matchups were announced, BetMGM opened Michigan -2.5 in its College Football Playoff semifinal odds market. By day's end, Michigan dropped to -1.5, then went to -1 on Dec. 5.

The line returned to Wolverines -1.5 on Dec. 7 and hasn't moved since. Spread ticket count is beyond 2.5/1 and spread money 3/1 on Alabama. Further, moneyline tickets are running 6/1 and moneyline dollars 9/1 on Alabama.

In fact, by ticket count at BetMGM, Alabama is taking three times more spread/moneyline bets than any of the other three CFP semifinalists.

The total opened at 45.5, went to 46.5 Dec. 4 and back to 45.5 Dec. 5. There's been no movement since, with the Over getting 69% of tickets/59% of money.

UPDATE 1:30 P.M. ET SUNDAY, DEC. 3: Michigan (13-0 SU/7-5-1 ATS) had little trouble with Iowa in the Big Ten championship game. The Wolverines rolled 26-0 as 21.5-point favorites and in turn landed the No. 1 seed in the College Football Playoff.

In the Jan. 1 Rose Bowl, the first of games on the College Football Playoff semifinal odds board, Michigan will meet No. 4 Alabama.

The Crimson Tide (12-1 SU/9-4 ATS) edged out unbeaten Florida State for the final CFP slot. In Saturday's SEC title game, Alabama held off Georgia 27-24 as a 5.5-point underdog in the SEC title game.

The SuperBook opened Michigan -2.5 in the College Football Playoff odds for the semifinals.

"Michigan has been considered better than Alabama all season. You've got to favor Michigan ins this game. But the number had to come down a little bit, because Alabama beat Georgia," SuperBook executive director John Murray said this afternoon. "This line is exactly where I think it should be. Michigan will never say this, but you know they wanted to get Florida State instead of Alabama."

Indeed, Murray said the Wolverines would've been close to 10-point favorites against the Seminoles. Instead, oddsmakers, bettors and fans get a great matchup, and at the Rose Bowl, no less. The line has already moved toward the underdog, too, with Michigan quickly shortening to -2.

"The Rose Bowl is always just an absolute monster for handle. So we're happy with that matchup," Murray said. "It sets up to be a much better playoff game for business. These are two extraordinarily public teams. Michigan-Alabama is a real jewel for us."

Murray added The SuperBook does well to Michigan and 'Bama in College Football Playoff championship futures odds. And he has no issue with the Crimson Tide getting in over Florida State.

"You can't really have a College Football Playoff, the national championship of college football, if the SEC is not included. The SEC wins this every year," Murray said.

Click here for Vegas Insider senior reporter Patrick Everson's full College Football Bowl Odds: Spreads, Lines, Trends for Every Bowl Game.

Rose Bowl Best Bet

Alabama Crimson Tide +1.5 (-108)

I'm heavy on Alabama (12-1 straight up, 9-4 against the spread) and can't believe it isn't favored in this matchup. The Crimson Tide has won 11 games in a row with seven wins coming by double-digit margins. Nick Saban's team beat LSU, Ole Miss and Tennessee by exactly 14 points apiece. They won by four TDs at Kentucky, which won at Louisville during Rivalry Weekend. The Tide's only defeat came vs. third-seeded Texas in Week 2 when QB Jalen Milroe was making his third career start. In the last eight games, Milroe has a 17/3 touchdown-to-interception ratio. Alabama just ended Georgia's 29-game winning streak and is poised to hand Michigan its first loss of the year.

Michigan (13-0 SU, 7-5-1 ATS) is going to be without four-year starting offensive guard Zak Zinter, who was a first-team All-Big-Ten selection last year and a preseason first-team All-American. Meanwhile, Alabama will have its leading rusher back. RB Jase MccLellan missed the SEC Championship Game after getting injured in the Iron Bowl. He has a team-high 803 rushing yards, six TDs and a 4.8 yards-per-carry average this season.

Jim Harbaugh's team won its third straight Big Ten title this year, but the Wolverines have really only faced two quality foes this year. They won 24-15 at Penn St. and held off Ohio St., 30-24, at The Big House. Michigan has lost 34-11 to Georgia and 51-45 to TCU in the last two CFP semifinals.

Rose Bowl Betting Resources

  • Date: Monday, January 1, 2024
  • TV-Time: ESPN, 5:00 p.m. ET
  • Venue: Rose Bowl
  • Location: Pasadena, California
The College Football Playoff Semifinal will take place at the Rose Bowl from Pasadena, California. (Getty)

Rose Bowl History

The Rose Bowl dates as far back as 1902 and began in 1916 with the matchup hosting schools from the Big Ten and Pac-12 conferences. This traditional matchup ended with the bowl started to participate in championship and semifinal matchups. During years the Rose Bowl is not used as a venue for the postseason, then it reverts back to the original bowl tie-ins. This game takes place at the Rose Bowl from Pasadena, California and is usually played on New Year's Day. 

USC has the most appearances (34) and wins (25) in Rose Bowl History, including an epic 52-49 shootout against Penn State which netted the most total points in the history of the 'Granddaddy of them all'. The 59 points scored by the Oregon Ducks in the 2014 season was the most ever in Rose Bowl history.

The Pac-12 got back in the win column in the 2019 installment as Oregon rallied past Wisconsin for a 28-27 win. 

The Rose Bowl is part of the College Football Playoff rotation and was part of three semifinal matchups played in 2014, 2018 and 2021. The first two easily went 'over' in those semifinal games, but the 'under' hit in Alabama's rout of Notre Dame in 2021.

In 2022, it was back to a traditional Big Ten vs. Pac-12 matchup, and it was a classic. Ohio State outlasted Utah by a 48-45 count, with Buckeyes WR Jaxon Smith-Njigba setting an all-time bowl record with 347 receiving yards on 15 grabs with three touchdowns.

In another College Football Playoff Classic in Pasadena, Michigan rallied past Alabama, 27-20 in overtime to reach the National Championship in 2024.

Rose Bowl Betting Results

YearMatchupSpread/TotalsATS Result
2023Michigan 27 Alabama 20 (OT)Michigan -2.5, 45.5Favorite, Under
2022Penn State 35 Utah 21Penn State -1, 55Favorite, Over
2021Ohio State 48 Utah 45Ohio State -4, 65Underdog, Over
2020Alabama 31 Notre Dame 14Alabama -18.5, 65.5Underdog, Under
2019Oregon 28 Wisconsin 27Wisconsin -3, 52.5Underdog, Over
2018Ohio State 28 Washington 23Ohio State -5.5, 55.5Underdog, Under
2017Georgia 54 Oklahoma 48 (2OT)Georgia -2.5, 62.5Favorite, Over
2016USC 52 Penn State 49USC -7, 60Underdog, Over
2015Stanford 45 Iowa 16Stanford -6, 51.5Favorite, Over
2014Oregon 59 Florida State 20Oregon -8, 74Favorite, Over
2013Michigan State 24 Stanford 20Stanford -6.5, 41Underdog, Over
2012Stanford 20 Wisconsin 14Stanford -4, 46.5Favorite, Under
2011Oregon 45 Wisconsin 38Oregon -4.5, 74Favorite, Over
2010TCU 21 Wisconsin 19TCU -3, 54.5Underdog, Under
2009Ohio State 26 Oregon 17Oregon -4.5, 51Underdog, Under
2008USC 38 Penn State 24USC -10, 44.5Favorite, Over
2007USC 49 Illinois 17USC -13.5, 49Favorite, Over
2006USC 32 Michigan 18Michigan -2, 47.5Underdog, Over
2005Texas 41 USC 38USC -7, 69.5Underdog, Over
2004Texas 38 Michigan 37Texas -7, 54Underdog, Over
2003USC 28 Michigan 14USC -7, 58Favorite, Under
2002Oklahoma 34 Washington State 14Washington State -5, 53Underdog, Under
2001Miami, Fl. 37 Nebraska 14Miami -8.5, 54.5Favorite, Under
2000Washington 34 Purdue 24Purdue -1, 60Underdog, Under
1999Wisconsin 17 Stanford 9Stanford -11, 58Underdog, Under
1998Wisconsin 38 UCLA 31UCLA -9, 62Underdog, Over
1997Michigan 21 Washington State 16Michigan -7, 50Underdog, Under
1996Ohio State 20 Arizona State 17Ohio State -1.5, 53.5Favorite, Under
1995USC 41 Northwestern 32USC -3, 41Favorite, Over
1994Penn State 38 Oregon 20Penn State -17, 57Favorite, Over
1993Wisconsin 21 UCLA 16UCLA -6.5, 48.5Underdog, Under
1992Michigan 38 Washington 31Washington -2, 42Underdog, Over
1991Washington 34 Michigan 14Washington -7, 44.5Favorite, Over
1990Washington 46 Iowa 34Washington -9.5, 47.5Favorite, Over
1989USC 17 Michigan 10USC -1.5, 38Favorite, Under
1988Michigan 22 USC 14USC -6.5, 41Underdog, Under
1987Michigan State 20 USC 17USC -2.5, 37.5Underdog, Under
1986Arizona State 22 Michigan 15--
1985UCLA 45 Iowa 28--
1984USC 20 Ohio State 17--
1983UCLA 45 Illinois 9--
1982UCLA 24 Michigan 14--
1981Washington 28 Iowa 0--
1980Michigan 23 Washington 6--
1979USC 17 Ohio State 16--
1978USC 17 Michigan 10--
1977Washington 27 Michigan 20--
1976USC 14 Michigan 6--
1975UCLA 23 Ohio State 10--
1974USC 18 Ohio State 17--
1973Ohio State 42 USC 21--
1972USC 42 Ohio State 17--
1971Stanford 13 Michigan 12--
1970Stanford 27 Ohio State 17--
1969USC 10 Michigan 3--
1968Ohio State 27 USC 16--
1967USC 14 Indiana 3--
1966Purdue 14 USC 13--
1965UCLA 14 Michigan State 12--
1964Michigan 34 Oregon State 7--
1963Illinois 17 Washington 7--
1962USC 42 Wisconsin 37--
1961Minnesota 21 UCLA 3--
1960Washington 17 Minnesota 7--
1959Washington 44 Wisconsin 8--
1958Iowa 38 California 12--
1957Ohio State 10 Oregon 7--
1956Iowa 35 Oregon State 19--
1955Michigan State 17 UCLA 14--
1954Ohio State 20 USC 7--
1953Michigan State 28 UCLA 20--
1952USC 7 Wisconsin 0--
1951Illinois 40 Stanford 7--
1950Michigan 14 California 6--
1949Ohio State 17 California 14--
1948Northwestern 20 California 14--
1947Michigan 49 USC 0--
1946Illinois 45 UCLA 14--
1945Alabama 34 USC 14--
1944USC 25 Tennessee 0--
1943USC 29 Washington 0--
1942Georgia 9 UCLA 0--
1941Oregon State 20 Duke 16--
1940Stanford 21 Nebraska 13--
1939USC 14 Tennessee 0--
1938USC 7 Duke 3--
1937California 13 Alabama 0--
1936Pittsburgh 21 Washington 0--
1935Stanford 7 SMU 0--
1934Alabama 29 Stanford 13--
1933Columbia 7 Stanford 0--
1932USC 35 Pittsburgh 0--
1931USC 21 Tulane 12--
1930Alabama 24 Washington State 0--
1929USC 47 Pittsburgh 14--
1928Georgia Tech 8 California 7--
1927Stanford 7 Pittsburgh 6--
1926Stanford 7 Alabama 7--
1925Alabama 20 Washington 19--
1924Notre Dame 27 Stanford 10--
1923Washington 14 Navy 14--
1922USC 14 Penn State 3--
1921California 0 Wash. & Jeff. 0--
1920California 28 Ohio State 0--
1919Harvard 7 Oregon 6--
1918Great Lakes-US Navy 17 Mare Island 0--
1917Mare Island-USMC 19 Camp Lewis-US Army 7--
1916Oregon 14 Pennsylvania 0--
1915Washington State 14 Brown 0--
1902Michigan 49 Stanford 0--

College Football Bowl Betting Resources

College Football Playoff Odds: Lines, Spreads, Betting Trends for Semifinal Games

College Football Playoff odds for the semifinals are on the board and getting attention, even as debate rages over the four participants. Michigan nabbed the No. 1 ranking and a meeting with No. 4 Alabama in the Rose Bowl on New Year's Day. No. 2 Washington then faces No. 3 Texas in the Sugar Bowl.

Here’s everything you need to know about College Football Playoff odds for the semis: opening lines, spreads and betting trends for each game, as multiple oddsmakers provide insights on CFP odds and action. Check back regularly for updates and use our new ESPN BET bonus code VIBONUS to get the most out of your action.

College Football Playoff Odds for Semifinals