2025-26 CFP Futures Odds: Ohio State Still On Top, Oregon Closing In
College Football Playoff championship odds for 2025-26 are perking up, with four weeks in the books.
Ohio State remains the favorite in 2025-26 College Football Playoff futures odds. But Oregon is now the second choice, after going on the road and beating Penn State.
Below are current CFP odds from an array of operators. Also, check out our College Football Week 6 odds report. And to get the most out of your college football bets, use our Fanatics Sportsbook promo.
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National Championship Winner Odds
2025-26 College Football Playoff Odds
Just Ducky
LATEST UPDATE: Ohio State (4-0) went to Washington in Week 5 and rolled to a 24-6 victory. BetMGM responded by shortening the Buckeyes a touch, from +550 to +500 favorites in College Football Playoff championship odds.
Last week, Oregon was the +700 co-third choice with Georgia and Texas. But in Week 5, the Ducks (5-0) went to Penn State and posted a 30-24 overtime victory. Oregon is now the solo second choice at +600.
Texas (3-1) had a bye in Week 5 and is the +700 third choice. Penn State (3-1) didn't fall far with the loss to Oregon, going from +600 second choice to +800 fourth choice.
Like Oregon, Alabama got a huge Week 5 road victory, winning 24-21 at Georgia. BetMGM reacted by moving the Crimson Tide from +1300 into the +850 fifth choice. Georgia (3-1) is now the +1000 sixth choice.
Penn State is No. 1 in ticket count in CFP futures odds, followed closely by Ohio State, LSU and Texas. Clemson (1-3), which has been awful so far and had a bye in Week 5, is No. 5 in tickets.
Texas leads the money count in College Football Playoff odds, a nose ahead of Penn State. LSU is third and Ohio State fourth, with Alabama rounding out the top five.
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
Trending Teams
LATEST UPDATE: LSU was the flavor of the first month in college football national championship odds. Way back in January, the Tigers opened +2000, and pre-Week 1, they were already into +1400.
After a 4-0 start, LSU was the +1000 sixth choice. However, in Week 5, the Bayou Bengals tumbled at Ole Miss 24-19. In the aftermath, LSU trended in the wrong direction, sliding all the way out to +2500 in BetMGM's College Football Playoff odds.
On the flip side, Ole Miss (5-0) is trending up. The Rebels were +3500 a week ago and are now +2000.
Other notable positive movers, from pre-Week 5 to post-Week 5:
- Indiana (5-0), which got a tough road win over Iowa, moved from +6000 to +4000. Two weeks ago, the Hoosiers were 100/1.
- Miami (4-0) had a bye, but still improved from +1500 to +1200.
And some teams trending the wrong way, from pre-Week 5 to post-Week 5:
- Oklahoma (4-0) had a bye, yet slipped from +1500 to +2000. However, that's because QB John Mateer had hand surgery and will miss a month.
- Florida State (3-1) took an upset loss at Virginia and plunged from +5000 to +8000.
- Tennessee (4-1) survived in overtime at Mississippi State, but slid from +3500 to +5000.
- USC (4-1) lost at Illinois and tumbled from +4000 to +10000 (100/1).
- Texas A&M (4-0) wasn't great in a 16-10 home win over Auburn, and the Red Raiders moved from +1800 to +2500.
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
