CFB National Champion Odds 2023

Posted: Jan 4, 2023Last updated: Jan 9, 2023

The College Football Playoff semifinals marked our two competitors in the National Championship Game with a New Year’s Eve doubleheader.

The Georgia Bulldogs outlasted the Ohio State Buckeyes 42-41 in the Peach Bowl. Earlier, the TCU Horned Frogs and Michigan Wolverines peppered the scoreboard in the Fiesta Bowl, with TCU advancing on the 51-45 victory.

The Jan. 9 CFP National Championship Game market already lists Georgia as a heavy favorite, but what’s the best bet for college football’s title matchup? Read on for the top ways to bet CFP National Championship odds.

College Football National Champion Odds 2023

What Are the College Football Playoff National Championship Game Odds?

CFB odds to win the College Football Playoff are current as of Tuesday, Jan. 3, at 11:30 a.m. ET from BetMGM Sportsbook.

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CFB National Championship Favorite

Georgia (-435) at Betway Sportsbook

In what is the least surprising news of 2023, Georgia is a heavy favorite in the National Championship Game. The Bulldogs who are undefeated were not only favored in every game this season, but they were only favored by fewer than 10 points in two games (Tennessee -9.5 and Ohio State -5).

Even as large favorites, UGA has delivered for those who gave the points: Kirby Smart‘s Dawgs are 10-4 against the spread. Additionally, it should be no surprise that Georgia has the second-best average scoring margin in the country. Only Michigan beat opponents by more points than Georgia this year.

One worry that Bulldog bettors should have is that they struggled against Ohio State. If it wasn’t for a missed game-ending OSU field goal try, Georgia would not be in the National Championship Game.

Bettors who back the Dawgs might want to consider taking their -13.5 spread rather than their moneyline, which is more heavily juiced than a Georgia peach.

CFB National Championship Underdog

TCU (+390) at BetRivers Sportsbook

The Horned Frogs offer a sharp contrast to the Bulldogs. TCU played in a weaker than usual Big 12 and got accolades for their narrow victories against tough opportunities. A bet on Texas Christian is a bet on a team to continue to exceed expectations.

In the semifinals against Michigan, TCU was an 8.5-point underdog and they won outright. For most of the game, the Horned Frogs were comfortably ahead.

To beat Georgia, TCU is going to look to generate points with its high-octane offense.

Scoring 51 points against Michigan was notable. The Michigan defense allowed 16.1 points per game this season, which was the sixth-best in the country. Georgia’s defense (15.9 points allowed per game) was only slightly better.

If TCU were to win the National Championship, it would be shocking, but it is a plausible outcome.

2023 CFB National Championship Best Bet

Georgia -13.5 (-110) at Caesars Sportsbook

UGA should easily handle TCU, and I wouldn’t be surprised if they win by 20 or more points.

Georgia has comfortably beaten tough Tennessee, LSU, and Oregon teams that were better than TCU this season. They also beat an Ohio State team that was arguably the second-best team this season.

For lucky teams like TCU in small-sample size sports like football, their fortune eventually runs out.

Based on results, TCU deserved to be in the playoffs, but based on talent, they were not a top-four team this season.

I like Georgia in the National Championship, and they should win by a large margin.


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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