College Football Playoff Odds Report, Trends 2024-25: Everything You Need To Know

Patrick Everson Sports Betting Expert

4 minute read

College Football Playoff odds for 2024-25 continue to shape up through 12 weeks of the regular season. And we're back to the preseason favorite being the frontrunner.

Ohio State remains atop odds to win the College Football Playoff. The Buckeyes are closely followed by Oregon, Texas and Georgia.

Here’s everything you need to know about the 2024-25 College Football Playoff odds market: action, movement and betting trends for the national championship. Check back regularly for updates, and make sure to use our BetMGM bonus code available to new registrants when you're ready to bet on the action!

College Football Playoff Odds

Georgia on the Move

The no-doubt big game of Week 12 was Tennessee vs. Virginia. The winner would shore up its credentials, while the loser would be in a tougher spot.

Georgia (8-2 SU) was the winner, 28-10. And BetMGM responded by moving the Bulldogs from the +800 co-fourth choice to the +500 co-third choice in College Football Playoff odds, joined by Texas.

Alabama (8-2 SU) was +1800 two weeks ago, but improved to +800 after blowing out LSU in Week 11. In Week 12, the Crimson Tide basically had a bye, hammering FCS opponent Mercer 52-7.

The Tide then moved in just a little, to the +750 fifth choice. Ole Miss follows as the +1100 sixth choice.

"Alabama is a liability for the book. Not as great as the likes of Miami, Colorado, Indiana and Texas, but a liability nonetheless. Ole Miss is a great result for the book. We'd be happy seeing the Rebs make a run," Magee said.

Ohio State (8-1 SU) remains the favorite in CFP odds at +320, with Oregon No. 2 at +450. Last week's the Ducks were No. 2, but at +350. As noted above, Texas is +500, down a tick from +450 after Week 11.

On the Rise

Notre Dame (9-1 SU) suffered a shocking 16-14 home loss to Northern Illinois in Week 2. Since then, the Fighting Irish have quietly worked their way back up the College Football Playoff odds board.

The Irish are on an 8-0 SU run, covering in seven of those games while scoring a ton of points. In Week 12, Notre Dame beat Virginia 35-14. BetMGM now has the Irish at +2000, the eighth choice.

"I think Notre Dame could be a tad overlooked," Magee said. "They have one of the best defenses in the country, adjusting for strength of schedule, as well. To have a shot, though, they're going to need [quarterback] Riley Leonard win them a few games."

And don't look now, but Coach Prime and Colorado have a legit path to at least make the CFP, even if the Buffaloes aren't considered championship contenders. Colorado (8-2 SU) could get in by way of winning the Big 12 title.

In Week 12, the Buffs rolled over Utah 49-24.

When BetMGM first opened its College Football Playoff futures odds, Colorado was +20000 (200/1). The Buffs got as long as 500/1. Before Week 11, Colorado was still a distant 150/1.

Now, Deion Sanders' squad is +5000, the shortest odds of any Big 12 team.

"People have been taking fliers on Colorado for the last two years. They get bet every week in every market they appear in," Magee said. "Colorado is our No. 1 liability.

"And while a national championship could seem unlikely, Colorado bears a decent liability on markets such as Big 12 championship and to make the playoff. So we wouldn't mind seeing Colorado slip up over the next few weeks."

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On the Decline

Two weeks ago, Miami was a perfect 9-0 behind then Heisman Trophy co-favorite Cam Ward. Then the Hurricanes went to Georgia Tech as 9.5-point favorites and exited with a 28-23 loss.

Even with just one blemish on its record, Miami got dinged hard by the BetMGM risk room. Before Week 11, the 'Canes were the +1100 fifth choice. That sent Miami all the way out to +3500 in odds to win the College Football Playoff.

The Hurricanes had a bye in Week 12, and BetMGM slid them out a little further to +4000. That said, Miami is still the top ACC team in CFP odds, one spot ahead of SMU and Clemson, who are both +5000.

"It appears that the betting market is declaring the ACC a one-bid league," Magee said. "If you think that Miami is going to win the ACC, there could be some value.

"But outside of Cam Ward and Xavier Restrepo, I haven't seen a lot of anything else to instill any confidence that Miami can win the national championship. Too many close wins that probably should've been losses."

Texas A&M (7-2 SU) is tied with Texas atop the SEC standings. Yet the Aggies tumbled following Week 11, after what oddsmakers saw from Ole Miss and Alabama, and what those oddsmakers still believe are much better Georgia and Texas outfits.

Three weeks ago, A&M was +2200 in CFP odds. Then the Aggies suffered an upset loss at South Carolina and fell to +6600 after Week 10. Following Week 11 results, even though the Aggies didn't play, BetMGM stretched A&M to +10000 (100/1).

A&M plowed past New Mexico State 38-3 in Week 12, but stayed at 100/1.

"Ole Miss playing and winning the way they did [vs. Georgia] certainly had an impact on A&M's odds," Magee said. "Really, the more congested the SEC gets for playoff spots, the tougher it gets for some teams like A&M.

"It's looking more and more like that Texas-Texas A&M game [Nov. 30] is going to be a de facto playoff game."

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Patrick Everson

Patrick Everson is a senior reporter for VegasInsider. Based in Las Vegas since 1994, he's worked in the sports betting journalism/content space for more than a decade. He's most known for his deep roster of contacts behind sportsbook counters, providing readers and viewers with the ins-and-outs of how events are being bet. He's also a thought leader in the sports betting space, often appearing on or moderating panels at national conferences. More from Patrick Everson