College Football National Championship Odds: Texas The New Favorite

Texas tight end Jordan Washington (84), coach Steve Sarkisian, defensive back Barryn Sorrell (88) and quarterback Quinn Ewers (3) celebrate with their team after defeating Arkansas 20-10 during an NCAA college football game Saturday, Nov. 16, 2024, in Fayetteville, Ark.
AP Photo/Michael Woods
  • College football national championship odds price Texans (+300) as the favorite at BetMGM.
  • Ohio State (+375), Oregon (+400) and Penn State (+500) are all considered major contenders.

This 2024 college football season will be a historic one. The FBS level of NCAA football will play its first-ever expanded playoff, with 12 teams facing qualifying for the draw instead of four.

There’s never been a more exciting time in the college football odds market. The BetMGM online sportsbook has several futures options available for bettors.

Odds to Win College Football National Championship

TeamTitle Odds
Texas+300
Ohio State +375
Oregon+400
Penn State +500
Georgia+550
Notre Dame+600
Arizona State+6000
Boise State+6000

College Football National Championship Prediction

Based on the current futures market, the Oregon Ducks have an implied 23.5% chance to win the college football national championship.

College Football National Championship History (CFP Era)

SeasonChampionRunner-UpChampionship Score
2023MichiganWashington34-13
2022GeorgiaTCU65-7
2021GeorgiaAlabama33-18
2020AlabamaOhio State52-24
2019LSUClemson42-25
2018ClemsonAlabama44-16
2017AlabamaGeorgia26-23
2016ClemsonAlabama35-31
2015AlabamaClemson45-40
2014Ohio StateOregon42-20

How To Bet on College Football Futures

College football betting doesn’t stop when the games end in January. You can bet on futures throughout the offseason!

As teams are holding spring practice, adding players from the transfer portal, and releasing depth charts, you can view updated online sports betting odds for a variety of markets, including national championship odds, win totals, and conference champion odds.

If you don’t have an account, register today with BetMGM’s welcome offer. Once you have an account, check for daily sports betting promos.

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About the Author

Nick Hennion

Read More @nickhennion

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.