2026-27 CFP Futures Odds: Ohio State the Favorite, Miami Making Moves
College Football Playoff futures odds for 2026-27 got a jolt from season openers.
Entering Week 1, Ohio State was the solo favorite. Coming out of Week 1, the Buckeyes are co-favorites with Texas in 2026-27 CFP championship odds.
Prediction markets are also getting involved, with prediction market apps such as Kalshi offering users a way to trade contracts on who will win the CFP. Below are current College Football Playoff futures prices from Kalshi. Use our Polymarket promo code to get started by clicking on the module below.
Updated on 9/13/26
Below are CFP championship odds from an array of sportsbooks. To get the most out of your college football bets, use our Fanatics Sportsbook promo.
(Feature image: Jerome Miron/Imagn Images)
National Championship Winner Odds
| Time | BetMGM | DraftKings | Caesars | FanDuel | RiversCasino | |
|---|---|---|---|---|---|---|
| |  › |  › |  › |  › |  › | |
| +500 | +550 | +550 | +650 | +600 | ||
| +700 | +610 | +650 | +700 | +575 | ||
| +600 | +650 | +650 | +600 | +650 | ||
| +700 | +720 | +675 | +700 | +700 | ||
| +700 | +900 | +800 | +800 | +800 | ||
| +900 | +950 | +825 | +850 | +800 | ||
| +2000 | +950 | +1800 | +2000 | +1700 | ||
| +1100 | +1100 | +1000 | +1000 | +1100 | ||
| +2200 | +2200 | +2500 | +2700 | +3000 | ||
| +2500 | +2500 | +2500 | +2500 | +2200 | ||
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2026-27 College Football Playoff Odds
Head of the Class
LATEST UPDATE: Ohio State opened and remains the +600 favorite in BetMGM's College Football Playoff futures odds, as of Sept. 7. But the Buckeyes have company, with Texas now +600 as well, improving from +650.
Ohio State is coming off a 56-3 beatdown of Ball State, while Texas trampled Texas State 59-7. And as fate would have it, the Buckeyes next meet the Longhorns in Austin, highlighting College Football Week 2 Odds.
Meanwhile, Notre Dame stuck at +650, but is now the third choice, rather than the co-second choice. The Fighting Irish dumped Wisconsin 41-13 in Week 1.
The Fighting Irish lead in BetMGM's ticket count and held the money lead much of the summer. But there was a late preseason surge on Texas. The Longhorns are now No. 1 in money, with more than 1.5 times the dollars of the Fighting Irish in College Football Playoff odds.
Rounding out the top five in BetMGM's CFP futures are Georgia at +800, then a co-fifth choice of defending national champion Indiana and Miami at +900.
"Indiana looks like a great result for BetMGM at the moment, one of our better more realistic results," Magee said.
Tickets, Money, Liability
The biggest post-Week 1 attraction with bettors was Miami, coming off its CFP runner-up effort last season. The Hurricanes looked quite impressive in their 2026 opener, drilling host Stanford 45-6.
Prior to Week 1, Miami was +1100 in 2026-27 CFP championship odds. As noted above, the 'Canes are now the +900 co-fifth choice at BetMGM, and they are quite popular.
"Malachi Toney starred in Miami's win over Stanford," BetMGM trading manager Seamus Magee said. "The Hurricanes are the most-bet team to win the national championship since Friday, and Toney is the most-bet player during that time to win the Heisman."
The Miami wideout had 12 catches for a whopping 234 yards and three touchdowns vs. Stanford.
Miami took a big wager in CFP futures odds: $20,000 at +1100, for a potential profit of $220,000. The Hurricanes opened +2000 and as noted above are now into +900.
The top five in tickets in BetMGM's CFP odds, as of Sept. 7:
- Notre Dame
- Ohio State
- Oregon
- Texas
- LSU
Oregon surprisingly struggled at home vs. Boise State in Week 1, but pulled off a 34-27 victory. That prompted BetMGM to drop the Ducks from +650 to +1000, seventh in College Football Playoff futures odds.
LSU is the +1400 eighth choice at BetMGM, after pounding Clemson 51-10 in its season opener.
"There is a clear tier of favorites to win the college football national championship, including Notre Dame, Texas, Ohio State and Georgia," BetMGM trading manager Seamus Magee said. "All are popular with bettors."
And the Longhorns lead the liability list.
"Texas once again boasts one of the tougher schedules in the country, while also carrying one of the most talented rosters in the land. Bettors have flocked to Texas this summer," Magee said. "Ohio State is the best outcome for the book among the betting favorites."
The top five in money in BetMGM's College Football Playoff national championship odds:
- Texas
- Notre Dame
- Oregon
- Miami
- Ohio State
Also interesting: Georgia and Alabama (+2500) are outside the top five in tickets and money. The Bulldogs are seventh in tickets and cash, while the Crimson Tide are 11th in tickets/14th in money.
Ole Miss, which reached the semifinals last year before losing to Miami, opened with an entertaining 41-38 home win over Louisville. Preseason, the Rebels moved from a +4000 opener to +2500, and they remain +2500 on Sept. 7.
In order, BetMGM noted its largest liabilities in college football national championship futures are:
- Texas
- Notre Dame
- Oklahoma +2200
Big-Dollar Holler
On Aug. 25, BetMGM revealed a few interesting wagers on College Football Playoff futures odds and conference championship odds. Among them:
- $5,000 Colorado +8000 Big 12 champion, to win $400,000.
In the Big 12 – which of course has 16 teams – the Buffaloes had the third-worst preseason odds to win the conference title. Joining Colorado at +8000 was Iowa State, with both just ahead of +10000 Cincinnati.
So it's pretty safe to say BetMGM has little concern about paying out on that bet. That said, Deion Sanders' squad upset Georgia Tech 14-13 in Week 1.
A more reasonable $5,000 play landed on Ole Miss to win the national title, at +3500. If the Rebels make a championship run, that bettor banks $175,000.
Also in CFP futures, BetMGM took two plays on huge long shots:
- $200 North Carolina State +50000 (500/1)
- $100 Michigan State +75000 (750/1)
In the very unlikely event of either of these teams winning it all, the N.C. State bettor would profit $100,000 and the Michigan State bettor would net $75,000.
Flying Under The Radar
Magee pointed to three teams he believes are worth a look and might not be getting the attention they deserve. Two of those outfits are from the Big Ten.
First up, Michigan, which opened +3000 and was +2500 pre-Week 1, under new coach Kyle Whittingham. However, the fortuitous Wolverines barely dodged a huge home upset in Week 1.
After a controversial decision to add one second to an expired game clock, Michigan converted a Hail Mary to beat Western Michigan 13-12. That sent the Wolverines spiraling from +2500 to +8000.
- "I think people may be sleeping on Michigan this year. This is a team that saw a big improvement in coaching staffs, in my opinion. And I think Whittingham is going to have a lot of fun with this offense this year. I expect a big jump from Bryce Underwood at QB. This team is extremely capable of making the College Football Playoff."
Penn State (+5000) is coming off a massively disappointing season that included a six-game losing streak. The Nittany Lions finished 6-6 and also have a new coach this season, Matt Campbell. Penn State blanked Marshall 45-0 in Week 1.
- "I think Penn State is going to have a big bounce-back this season. I'm a big fan of Campbell and what he was able to accomplish at Iowa State, given the resources. And I love that he brings QB Rocco Becht alongside him. This is a schedule that avoids Ohio State, Oregon and Indiana, while also playing at home vs. I think they are very capable of getting 10 wins this season, possibly even an appearance in the Big 10 title game and making the College Football Playoff."
Then comes a true dark horse, South Florida (1-0), with new coach Brian Hartline, who was Ohio State's offensive coordinator.
- "For anyone looking for a non-power conference team to track this year, I'm starting to buy in on USF. I think Hartline was a home-run hire, who's taken with him some really decent talent from other power conference teams, including his last job at Ohio State. There is plenty of talent on this team to make a run at not only the American Conference championship, but a spot in the College Football Playoff, as well."
South Florida is a massive +50000 (500/1) to win the title. But the Bulls are +1100 to make the 12-team CFP field.
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 the 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
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- CUSA Championship
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