College Football Playoff Odds 2025: Hungry Georgia Bulldogs Begin as Favorites

The 2024-25 College Football Playoff is still several months away, but we are already excited to see how the new 12-team format impacts the best College Football Playoff odds based on the odds from our best college football betting sites.

The Michigan Wolverines claimed the No. 1 seed and ultimately netted their first national title since 1997, when they defeated the Washington Huskies in the 2024 national title game. It marked the fourth time in the last five years that the No. 1 seed ended up securing the crown.

But things might not be as simple moving forward, with the CFP expanding from four teams to a 12-team playoff format. With a deeper field, will we see more long shots break through or will the top teams ultimately prevail across multiple playoff games? That's the question we should be asking as bettors before diving into the 2025 CFP odds.

Here is our look at the 2025 College Football Playoff market (college football odds via our best sports betting apps).

College Football Playoff odds 2025

Our best sports betting sites have yet to release College Football Playoff odds for the 2025 season, but we can expect them to look similar to the College Football Championship odds when the trading teams do dive into this market.

Kirby Smart's Georgia Bulldogs are the early title favorites, with a price as short as +300 to win it all. Georgia was a minus-odds favorite to make the CFP last year before it missed out on the dance, so we can expect minus odds again with more spots available next season.

Ohio State claims the No. 2 spot on the national championship oddsboard, with Texas not far behind on the podium. Alabama is trading around 10/1 to win the title after Nick Saban retired, while Michigan has a similar price tag to repeat amid rumors surrounding its head coach.

Given the uncertainty and the new format, we expect the best sportsbooks to take their time releasing CFP odds.

Recent CFP National Championship winners

College Football Playoff betting analysis

There is a chance that the new format opens the door for more long-shot opportunities. We have already seen TCU and Washington post runner-up finishes as long-shot options in each of the last two years.

According to the NCAA, the new 12-team College Football Playoff field will include six conference champions as automatic bids, as the top-four teams will receive a first-round bye to the quarterfinals. The six highest-ranked teams remaining will round out the 12-team format.

Under these guidelines, the SEC would have sent four teams to the CFP this past season. That's worth keeping in mind when building a futures portfolio in this market, as SEC schools tend to get the benefit of the doubt when it comes to the official rankings.

CFP National Championship FAQs

Who won the CFP National Championship last year?

The Michigan Wolverines won their first title since 1997 by defeating the Washington Huskies in the 2024 national championship.

When will the CFP National Championship be decided?

The 2025 CFP National Championship will be decided on Monday, Jan. 20.

Where will the CFP National Championship take place?

The 2025 college football championship will be played at Mercedes-Benz Stadium in Atlanta, GA.

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