College Football Playoff 2024: Format and betting odds
College football as we know it has been changing on an annual basis, but it will change in a big way in 2024. The College Football Playoff expands from four teams to 12 teams, so that will give more teams a chance at winning a Championship. That also means that the odds to win it all will be a little bit different compared to what we’ve seen in the CFP era.
The Michigan Wolverines took down the Championship this season and are among the favorites to run it back next season, but they’ll have a lot of losses to the NFL Draft and graduation. Head coach Jim Harbaugh could also be back in the NFL as well. It seems unlikely that we’ll have a repeat champ, but the Maize & Blue are getting a lot of respect, along with many of college football’s usual suspects.
ODDS TO WIN THE 2024-25 NATIONAL CHAMPIONSHIP
- Georgia +450
- Alabama +600
- Ohio State +800
- Texas +900
- Michigan +1000
- Oregon +1100
- LSU +1400
- Ole Miss +1600
- Florida State +1800
- Clemson +2000
- Penn State +2000
- Notre Dame +2500
- USC +3000
- Oklahoma +3500
- Texas A&M +4000
- Tennessee +4500
- Washington +5000
- Utah +5000
- Missouri +6000
- Miami (FL) +6000
- Arizona +7000
- Kansas State +7000
- Wisconsin +10000
- Auburn +10000
- Louisville +10000
- Florida +15000
- Texas Tech +15000
- TCU +15000
- Oklahoma State +15000
- North Carolina State +15000
- North Carolina +15000
- Kansas +15000
- Colorado +20000
- UCLA +20000
- UCF +20000
- SMU +20000
- Nebraska +20000
- Iowa State +20000
- Iowa +20000
- All others +30000 or higher
College Football Playoff Format
Before betting into any futures odds, it is important to know the playoff format that will be in effect for the upcoming season. The top four teams get byes, so it will be 5 vs. 12, 6 vs. 11, 7 vs. 10, and 8 vs. 9 in the first round of the playoff. So, it is still a big advantage to be one of the top four teams in the nation. Teams that would classify as “long shots” will likely have to win three games in a row against some of the best competition in the nation.