College Football National Championship Odds 2027: Ohio State, Texas Among Early Favorites
Despite Indiana pulling off the most improbable CFP National Championship win in the history of the sport, Ohio State is the favorite by the college football national championship odds to win it all for the 2026-2027 season.
The Buckeyes opened as a +600 odds favorite to win their second national championship under Ryan Day. Many of the biggest powers in college football sit atop the board, with Notre Dame, Texas, and Indiana all sitting at +700.
📊 Live college football national championship odds 2027
Our college football championship odds are based on the latest college football odds.
| Team | Odds | Implied probability | Profit on a $10 bet |
|---|---|---|---|
| Ohio State | +600 | 14.29% | $60 |
| Notre Dame | +700 | 12.5% | $70 |
| Indiana | +700 | 12.5% | $70 |
| Texas | +700 | 12.5% | $70 |
| Oregon | +1000 | 9.09% | $100 |
| Georgia | +1100 | 8.33% | $110 |
| LSU | +1300 | 6.67% | $130 |
| Texas Tech | +1500 | 6.25% | $150 |
| Texas A&M | +1600 | 5.88% | $160 |
| Miami | +1900 | 5% | $190 |
📈 College football national championship betting insights
College football national championship betting insights via BetMGM.
| Highest ticket percentage | Highest handle percentage | Biggest liabilities |
|---|---|---|
| Indiana (17.7%) | Ohio State (51.4%) | Ohio State |
| Notre Dame (13.1%) | Notre Dame (16.1%) | Colorado |
| Ohio State (12.6%) | LSU (8.4%) | Notre Dame |
🔢 College football national championship opening odds
Odds via FanDuel.
- Ohio State (+600)
- Notre Dame (+700)
- Indiana (+700)
- Texas (+700)
- Oregon (+1000)
- Georgia (+1100)
- LSU (+1300)
- Texas Tech (+1500)
- Texas A&M (+1600)
- Miami (+1900)
- Alabama (+2200)
- Oklahoma (+3300)
- USC (+3300)
- Ole Miss (+3500)
- Michigan (+4000)
- Tennessee (+5000)
- Penn State (+5500)
- Utah (+6000)
- Auburn (+6500)
- Missouri (+8000)
- Florida (+8000)
- BYU (+10000)
- SMU (+10000)
- Iowa (+12500)
- Virginia (+12500)
- Clemson (+12500)
- Vanderbilt (+12500)
- Washington (+12500)
- Louisville (+17500)
- Florida State (+17500)
- Arizona (+22500)
- Kansas State (+22500)
- South Carolina (+22500)
- Georgia Tech (+25000)
- Arkansas (+25000)
- Pittsburgh (+25000)
- TCU (+30000)
💰 College football national championship odds history
| Year | Team | Preseason odds |
|---|---|---|
| 2026 | Indiana | +15000 |
| 2025 | Ohio State | +325 |
| 2024 | Michigan | +800 |
| 2023 | Georgia | +350 |
| 2022 | Georgia | +600 |
| 2021 | Alabama | +300 |
| 2020 | LSU | +2500 |
| 2019 | Clemson | +400 |
| 2018 | Alabama | +250 |
| 2017 | Clemson | +700 |
| 2016 | Alabama | +700 |
| 2015 | Ohio State | +4000 |
| 2014 | Florida State | +1600 |
❓ College football national championship FAQs
Who is the favorite to win the college football national championship?
Ohio State is the favorite to win the college football national championship. The Buckeyes' odds (+130) imply a 14.29%% probability that they'll win the championship, according to our odds calculator.
Who won the college football national championship this year?
Indiana won its first-ever CFP National Championship, defeating Miami 27-21.
When will the college football national championship be decided?
The 2027 college football national championship will be decided on Monday, Jan. 25.
Where will the college football national championship take place?
The 2027 college football national championship will be played at Allegiant Stadium in Las Vegas.
When does the College Football Playoff start?
The 2026-2027 College Football Playoff begins Friday, Dec. 18, with the first of four first-round games; the other three will be played Saturday, Dec. 19. The quarterfinal games will then be played on Thursday, Dec. 31, and Friday, Jan. 1.
The semifinal games will be Thursday, Jan. 7, and Friday, Jan. 8, with the championship game slated for Monday, Jan. 25, at Allegiant Stadium in Las Vegas.
Who has won the most college football championships?
Yale has won the most college football championships with 18. Alabama ranks second with 16 total victories, and the Crimson Tide's three championships in the College Football Playoff era also stand as the most.
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