College Football National Championship Odds: Oregon Remains the Favorite

Oregon fans watch an NCAA college football game against Maryland, Saturday, Nov. 9, 2024, in Eugene, Ore.
(AP Photo/Lydia Ely)
  • College football national championship odds price Oregon (+325) as the favorite at BetMGM.
  • Georgia (+350), Texas (+375) and Ohio State (+450) are all considered major contenders.

This 2024 college football season will be a historic one. The FBS level of NCAA football will play its first-ever expanded playoff, with 12 teams facing qualifying for the draw instead of four.

There’s never been a more exciting time in the college football odds market. The BetMGM online sportsbook has several futures options available for bettors.

Odds to Win College Football National Championship

TeamTitle Odds
Oregon+325
Georgia+350
Texas+375
Ohio State +450
Penn State +700
Notre Dame+1200
Tennessee+2500
SMU +3500
Clemson+4000
Arizona State+4000
Indiana+5000
Boise State+5000

College Football National Championship Prediction

Based on the current futures market, the Oregon Ducks have an implied 23.5% chance to win the college football national championship.

College Football National Championship History (CFP Era)

SeasonChampionRunner-UpChampionship Score
2023MichiganWashington34-13
2022GeorgiaTCU65-7
2021GeorgiaAlabama33-18
2020AlabamaOhio State52-24
2019LSUClemson42-25
2018ClemsonAlabama44-16
2017AlabamaGeorgia26-23
2016ClemsonAlabama35-31
2015AlabamaClemson45-40
2014Ohio StateOregon42-20

How To Bet on College Football Futures

College football betting doesn’t stop when the games end in January. You can bet on futures throughout the offseason!

As teams are holding spring practice, adding players from the transfer portal, and releasing depth charts, you can view updated online sports betting odds for a variety of markets, including national championship odds, win totals, and conference champion odds.

If you don’t have an account, register today with BetMGM’s welcome offer. Once you have an account, check for daily sports betting promos.

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About the Author

BetMGM Betting

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Our BetMGM betting authors are experts who focus on individual game matchups & player prop bets with an emphasis on betting odds, lines & predictions.

Our BetMGM betting authors are experts who focus on individual game matchups & player prop bets with an emphasis on betting odds, lines & predictions.