2025-26 CFP Futures Odds: Ohio State Favorite, Indiana Second Choice
College Football Playoff championship odds for 2025-26 are getting into high gear, with conference championship week here.
Ohio State remains the favorite in 2025-26 College Football Playoff futures odds. Indiana is the No. 2 choice, now followed by Georgia and Notre Dame.
Below are current CFP odds from an array of operators. Also, check out our College Football Conference Championship odds report. And to get the most out of your college football bets, use our Fanatics Sportsbook promo.
(Feature image: Mark J. Rebilas/Imagn Images)
National Championship Winner Odds
| Time | Bet365 | BetMGM | DraftKings | Caesars | FanDuel | RiversCasino | |
|---|---|---|---|---|---|---|---|
| |  › |  › |  › |  › |  › |  › | |
| +160 | +160 | +160 | +160 | +155 | +150 | ||
| +450 | +450 | +425 | +460 | +460 | +475 | ||
| +800 | +800 | +800 | +750 | +750 | +800 | ||
| +900 | +900 | +1000 | +900 | +1000 | +900 | ||
| +1100 | +1100 | +1000 | +1100 | +1000 | +1100 | ||
| +1100 | +1000 | +1100 | +1000 | +1100 | +1100 | ||
| +1100 | +1000 | +1200 | +1200 | +1200 | +1200 | ||
| +1400 | +1300 | +1200 | +1400 | +1400 | +1400 | ||
| +3000 | +3000 | +3500 | +2500 | +2700 | +3000 | ||
| +6000 | +6000 | +7000 | +6000 | +7500 | +8000 | ||
| +15000 | +25000 | +15000 | +7500 | +15000 | +15000 | ||
| +25000 | |||||||
| +40000 | +40000 | +40000 | +60000 | +75000 | |||
| +30000 | +20000 | +40000 | +30000 | +40000 | +50000 | ||
| +50000 | +50000 | +50000 | +30000 | +30000 | +40000 | ||
| +50000 | |||||||
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| |||||||
2025-26 College Football Playoff Odds
Steady at the Top
LATEST UPDATE: Ohio State (12-0) posted yet another easy victory in Week 14. The Buckeyes were 10-point favorites at archrival Michigan and rolled to a 27-9 victory.
That prompted BetMGM to move Ohio State from +185 to +160 in College Football Playoff championship odds. That's the shortest price of the year for Ryan Day's defending national champs.
The Buckeyes remain No. 1 in ticket count – by a sizable margin – and No. 1 in money in CFP futures odds. Ohio State has taken twice as many bets as Notre Dame, which is No. 2 in ticket count.
However, BetMGM is fine with a Buckeyes repeat title, or the second or third choices lifting the trophy in January, as well.
"The sportsbook is in great shape heading into the College Football Playoff. Many of the favorites to win the championship, including Ohio State, Indiana and Georgia, are winners for the book," BetMGM trading manager Seamus Magee.
No. 2 Indiana (12-0) is still the story of the season. The Hoosiers wrapped up the regular season by wiping out Purdue 56-3 on the road. So it's Indiana vs. Ohio State in the Big Ten Championship Game, a battle of unbeatens.
FWIW: Ohio State is a 5.5-point favorite in that game.
Indiana got a slight adjustment in College Football Playoff futures, from +500 to +450.
"Indiana looks great for the book at the moment," 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). Nine weeks ago, you still could've gotten +5000. But those odds are long gone.
Bettors are slowly buying in now, though at much-less-advantageous odds. At BetMGM, Indiana is now No. 7 in tickets and No. 10 in money.
By comparison, Ohio State is seeing almost 2.5 times more tickets and 3.5 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," Magee said.
Rounding out the top five in tickets:
- Notre Dame
- Texas
- Georgia
- Alabama
Tailing Ohio State in money are:
- Georgia
- Texas
- Penn State
- Notre Dame
Georgia (11-1) surged in money at BetMGM after a $40,000 bet came in on Bulldogs +1000 to win the championship. Georgia then moved into +800.
Notre Dame is a relative newcomer to the top five in tickets and dollars. The Irish (10-2) are on a 10-game win streak and remained +900 from post-Week 13 to post-Week 14.
Texas (9-3) has pretty much no shot at getting into the 12-team CFP field, so there's no shot at the title, either. That's demonstrated by the Longhorns' +50000 (500/1) odds, even after a 27-17 home victory over previously unbeaten Texas A&M.
The Aggies, now 11-1, missed out on a bid to the SEC Championship Game, but are shoo-ins to make the playoff. A&M's odds slipped from the +700 third choice to the +1000 co-fifth choice.
Circling back to those three big bets Magee alluded to: A BetMGM customer is out of luck on all three. 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 all but dead, as well.
Trending Teams
LATEST UPDATE: Texas Tech (11-1) 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 moved to the +1400 sixth choice to win the national title. Texas Tech remained +1400 after a Week 13 bye, but slipped to the seventh choice, while sitting No. 5 in the CFP rankings.
In Week 14, Tech belted West Virginia 49-0 on the road. BetMGM then moved the Red Raiders from +1400 to +1000 in CFP futures odds, joining Texas A&M.
Oregon (11-1) remains +1100, but dipped from the sixth choice to seventh, overtaken by Texas Tech.
Of course, some teams are trending the wrong direction, even those that are winning games. For example: Oklahoma (10-2) will definitely be in the playoff, but the Sooners didn't impress oddsmakers with their 17-13 home win over LSU.
BetMGM slid Oklahoma from +2500 to +6000 in College Football Playoff championship odds.
Ditto for Ole Miss (11-1), which dispatched Mississippi State 38-19 in Week 14, but then had coach Lane Kiffin leave to take the LSU job. The Rebels are also definitely in the 12-team field, but stretched from +2000 to +3000 in CFP odds.
Miami (10-2) is much like Texas: Probably among the 12 best teams in the nation right now, but with no shot to make the CFP. The Hurricanes routed Pitt 38-7 in Week 14, but saw their national championship odds plunge from +8000 to +25000 (250/1).
Opening National Championship Odds
Listed below are January's opening college football 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
