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ATLANTA, GEORGIA - SEPTEMBER 03: Stetson Bennett #13 of the Georgia Bulldogs reacts after their first touchdown against the Oregon Ducks during the first quarter of the Chick-fil-A Kick-Off Game between Oregon and Georgia at Mercedes-Benz Stadium on September 03, 2022 in Atlanta, Georgia. Kevin C. Cox/Getty Images/AFP (Photo by Kevin C. Cox / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

When it comes to betting on the College Football Playoff, which sportsbook is offering the best odds? In this article, we examine the odds for the Peach Bowl and the Fiesta Bowl and point out where you should place your bets. 

This year's College Football Playoff field has been announced, and the odds have been released. Georgia will play Ohio State in the Peach Bowl, while Michigan will take on TCU in the Fiesta Bowl. Now that the odds have been posted, it's time to go shopping and secure the best numbers available for betting on the College Football Playoff.

TCU vs. Michigan Point Spread

FanDuelDraftKingsBetMGMCaesarsPointsBet
Michigan -8.5 (-112)Michigan -9 (-110)Michigan -9 (-110)Michigan -9 (-110)Michigan -9 (-105)

Two spreads stand out here: FanDuel has the lowest number at Michigan -8.5, while PointsBet has the lowest juice.

If you're looking to bet on Michigan, PointsBet's -9 (-105) is the best line for you to consider statistically, even though FanDuel has Michigan a half-point lower. PointsBet's line is superior due to the difference in juice, and we aren't dealing with any key numbers in 8.5-point and 9-point spreads. If you wish to back TCU, the best odds are even between FanDuel and PointsBet, provided that the juice stays at TCU +8.5 (-108) and TCU +9 (-110). 

TCU vs. Michigan Game Total

FanDuelDraftKingsBetMGMCaesarsPointsBet
59.5 (O -110)59.5 (O -105)59.5 (O -110)59 (O -110)59.5 (O -110)

The total opened at 59.5 and has fluctuated between 59.5 and 60.5 since it was posted. Circa is trading the total at 58.5, while Superbook has the total trading at 61.5, so it is difficult to predict where it will ultimately settle.

FanDuel, PointsBet, or BetMGM offer the best price for the Under among these five sportsbooks. DraftKings currently offers the best price for the Over at 59.5 (-105). Although Caesars has a lower number at 59, DraftKings' price point wins this debate. 

TCU vs. Michigan Moneyline

FanDuelDraftKingsBetMGMCaesarsPointsBet
Michigan -330 / TCU +260 Michigan -330 / TCU +275Michigan -350 / TCU +275Michigan -334 / TCU +260Michigan -341 / TCU +265

With the lowest hold and the best price for the TCU and Michigan moneylines, DraftKings is making a statement when it comes to the moneyline odds. In this market, it's surprising to see one sportsbook have the best price on both sides, but that is what happens when you have a 3.0% hold.

Ohio State vs. Georgia Point Spread

FanDuelDraftKingsBetMGMCaesarsPointsBet
Georgia -6.5 (-115)Georgia -6.5 (-115)Georgia -6.5 (-115)Georgia -6.5 (-110)Georgia -6.5 (-110)

PointsBet initially opened this spread at Georgia -7, but the market has since settled on Georgia -6.5 across the board.

Despite the fact that there is no difference in the actual spread, we do have some differences in the juice with regard to how the line of Georgia -6.5 is trading. The best prices for Georgia backers can be found at PointsBet, and BetMGM. As for Ohio State, you can find the best price at FanDuel, BetMGM, and DraftKings, where the Buckeyes are trading at +6.5 (-105). 

Ohio State vs. Georgia Game Total 

FanDuelDraftKingsBetMGMCaesarsPointsBet
60.5 (O-110)61.5 (O-110)61.5 (O-110)61.5 (O-110)61.5 (O-110)

Initially, FanDuel had the lowest total at 59.5 and it still has the lowest total at 60.5. Each sportsbook has increased its opening line by one point. The only difference is that FanDuel opened at 59.5 instead of the 60.5 that was seen elsewhere. The best place to bet on the Under in the Peach Bowl is anywhere other than FanDuel. For those looking to bet on the Over, FanDuel has the best line at O60.5 (-110).

Ohio State vs. Georgia Moneyline

FanDuelDraftKingsBetMGMCaesarsPointsBet
Georgia (-260/+210)Georgia (-255/+215)Georgia (-275/+210)Georgia (-263/+210) Georgia (-261/+210)

As with the Fiesta Bowl moneyline, DraftKings dominates this market because of its low hold percentage (3.45%). Comparatively, BetMGM has the highest hold percentage among sportsbooks, at 4.97%. DraftKings offers the best price for a Georgia moneyline bet, trading at -255. In addition, DraftKings offers the best price for a bet on Ohio State to win the Peach Bowl, trading at +215.