CFB National Champion Odds 2023

Posted: a day agoLast updated: a day ago

With the first five weeks in the books for the College Football season, there is still much that is unknown about the National Championship landscape.

Alabama and Georgia are the co-favorites to win the CFB title despite playing in the same conference. Both have had scares already.

Alabama only beat Texas by a point, and narrowly led Arkansas at one point last week. Georgia also had a close call against Missouri last week.

Waiting in the wings of the SEC powerhouses is a formidable Ohio State team.

In addition to OSU, Clemson and USC are contending for the National Championship as well. Both narrowly survived tough road tests two weeks ago against Wake Forest and Oregon State, respectively.

Outside of those five teams, there are many others with long odds to win the title. Below, I go over my favorite bets to win the National Championship.

NCAAF National Champion Odds 2023

What are the CFP Playoff Winner Odds?

College football national champion odds are current as of Monday, Oct. 3, at 2 p.m. ET from BetMGM Sportsbook.

  • Georgia (+200)
  • Ohio State (+200)
  • Alabama (+250)
  • Clemson (+1100)
  • USC (+1600)
  • Michigan (+2000)
  • Utah (+4000)
  • Oklahoma State (+5000)
  • Ole Miss (+5000)
  • Tennessee (+5000)

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Alabama, Georgia, and Ohio State are bunched together at the top of the Championship odds. Even though Ohio State is at +250, the leading SEC team is likely to be the favorite until the playoffs.

Below the top three teams are Clemson and USC, followed by several intriguing longshots that could win their Power Five conferences like Michigan, Wake Forest, or Oklahoma State.

The biggest thing that can upend the National Championship odds board at this point is if either Alabama or Georgia loses during the regular season. Georgia has a tough stretch where they face Kentucky and Tennessee.

Outside of having only one SEC team in the playoffs, Wake Forest beating Clemson or someone beating Ohio State could significantly change the CFP landscape as well.

2023 CFB Playoff Favorite

Georgia to Win CFB National Championship (+225) at Bet365 Sportsbook

Georgia won the National Championship last year, and they should be favored to win it again. The Bulldogs’ only tough tests before a likely SEC Conference Championship game are Auburn, Kentucky, and Tennessee.

Even in those games, UGA should be fine. I project them as a 13.5-point favorite against Kentucky, -19 against Auburn, and -18.5 against Tennessee.

After demolishing Oregon 49-3 as a 16-point favorite, I would be shocked if Georgia not only loses during the regular season, but if they were to win any more of their games by a touchdown or less.

Georgia had a significant scare against Missouri last week, which should stop them from being complacent in future games.

With QB Stetson Bennett at the helm and a strong defense, Georgia should be a shorter price than their current (+225) odds once the College Football Playoff starts. I would bet them up to the (+200) price being offered at most sportsbooks

2023 CFB Playoff Contender

Ohio State to Win CFB National Championship (+250) at Caesars Sportsbook

Technically, Ohio State should be considered one of the co-favorites to win the National Championship, but I consider them to be a contender based on how the SEC is perceived. Even though it’s the best college football conference, the Big Ten is the second-toughest.

After Clemson and USC had scares two weeks ago, Ohio State moved from (+350) to (+300) to win the National Championship. With Georgia’s near-upset out of the way, the Buckeyes have again seen their price shorten to (+250).

At their current price, I wouldn’t bet the Buckeyes at anything shorter until they play a tough Big Ten opponent.

If OSU can make it through a gauntlet that includes Michigan State, Penn State, and Michigan, they should be one of the top seeds in the CFP playoff, assuming they win the Big Ten Conference Championship.

With Quarterback C.J. Stroud and an improved defense under new defensive coordinator Jim Knowles, Ohio State is dangerous this season.

2023 CFB Playoff Sleeper

Kansas (+250000) to Win CFB National Championship at Bet365

Most sportsbooks are offering Kansas at 500-1 to win the National Championship, which is a fun bet to make. Bet365, however, is still offering them at 2500-1.

There Is a non-zero chance that the Jayhawks could win the Big 12 and sneak into the College Football Playoff as a 4-seed. Oklahoma and Texas are not as imposing as they normally are, and Kansas could make it past Baylor, TCU, and Oklahoma State.

The Jayhawks have already beaten Duke, West Virginia, and Iowa State as underdogs. If they beat TCU this weekend, then they will become a hot futures bet for the remainder of the season.


Kevin Davis

Kevin Davis is a Betting Analyst at The Game Day residing in Hoboken, NJ. Previously a Bronx resident, Kevin got his start betting on sports at his local Bronx barbershop. When sports betting was legalized across the river in Jersey, Kevin was there on the ground floor making regular trips to the Hoboken PATH station or for soup dumplings in Fort Lee. Previously, Kevin has written for The Action Network, and Vegas Insider.

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