2024 College Football Playoff Winner Odds

The Georgia Bulldogs are the massive favorites to become the first team in the modern era to three-peat.
The only team to officially three-peat in college football history were the Minnesota Golden Gophers, which did so in the 1930s. There are some contentions to that -- with Navy declaring themselves national champions in 1946, without consensus -- but the Bulldogs are well-equipped to join that venerated group.
Behind them, lurking in their same conference, are the Alabama Crimson Tide. Is another SEC Championship Game showdown in the cards.
Two Big Ten rivals are next in line. Ohio State and Michigan are expected to field solid rosters again this season -- even with Jim Harbaugh nursing a three-game suspension to start the Wolverines' campaign.
The rest of the pack involves familiar faces -- and some looking to make a program resurgence. USC at +1000 -- on the backs of Heisman Trophy favorite Caleb Williams -- looms large. And Texas as ninth-best favorites is a familiar sight for any Gen Xers out there.
Odds via Caesars and updated in real-time.
Who Are the National Title Favorites?
According to the betting market, there are only four teams with a greater than 10% chance to win the national title. And that shouldn't be a surprise -- Georgia are back-to-back champions and Alabama has won five of the last 12 title games.
1. Georgia
Georgia is the rightful far-and-away favorite across the marketplace on account of their 29-1 record over the last two seasons. And they're not showing any signs of slowing down. Every outgoing starter will be filled in by a four- or five-star recruit. And that's only needed for nine positions, with 13 returning starters from the team that pilfered TCU in the national championship game earlier this year.
2. Alabama
The Tide should always be up here due to sheer pedigree alone. The best recruiting classes in the country and Nick Saban is enough to slot them as the favorite or second-best favorite, year-in, year-out. But it hasn't been an easy start to the 2020s for one of the sport's preeminent programs. To get over the hump this season, beating Georgia -- perhaps twice -- may be the prerequisite.
3. Ohio State
What could have been. A 50-yard, game-winning field goal could've vaulted Ohio State over Georgia in the College Football Playoff Semifinal, pitting the Buckeyes against what ended up being a hapless Horned Frog squad. Instead, the kick hooked left, knocking Ohio State out of the College Football Playoff for the third time in four seasons. The team looks poised for the same round again this year -- especially if they can get past Michigan, which has flipped the script and beaten the Buckeyes in each of the last two years.
4. Michigan
No Jim Harbaugh for three games? No problem. The Wolverines' odds to win it all didn't change at all after Michigan self-imposed their coach's ban -- on account of those three games being relatively useless in the grand scheme of things. Harbaugh has saved his job with gargantuan victories over their hated rivals from the state below them, but duds in the postseason have plagued this storied program. As per usual of late, a November matchup with Ohio State seems likely to determine the fate of 2023's College Football Playoff.
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