Jimmy Boyd in 
A board like this one runs 138 teams deep across 4 sportsbooks, and the gap between those books is where a bettor actually makes money. BetMGM, DraftKings, Caesars, FanDuel don’t always agree on Ohio State, let alone on a team buried lower on the board, and that disagreement is the whole point of shopping before you bet. Prices here move constantly, last refreshed September 29, 2026, so what you see is a snapshot, not a fixed line.
A 138-team field means this market prices more than star power. It prices a path, and the path is half the bet.
2027 College Football Playoff National Championship Odds
| # | Team | Best price | Book | Implied | 7 days | Since start |
|---|---|---|---|---|---|---|
| 1 | Ohio State Buckeyes | +550 | DraftKings | 15.4% | -9% | -11% |
| 2 | Notre Dame Fighting Irish | +610 | DraftKings | 14.1% | -8% | -8% |
| 3 | Texas Longhorns | +650 | DraftKings | 13.3% | even | -2% |
| 4 | Georgia Bulldogs | +720 | DraftKings | 12.2% | -21% | -21% |
| 5 | Miami (FL) Hurricanes | +900 | DraftKings | 10.0% | -9% | -9% |
| 6 | Indiana Hoosiers | +1200 | BetMGM | 7.7% | +26% | +26% |
| 7 | LSU Tigers | +1600 | BetMGM | 5.9% | +7% | +7% |
| 8 | Oregon Ducks | +2200 | BetMGM | 4.3% | -7% | -7% |
| 9 | Alabama Crimson Tide | +2500 | DraftKings | 3.8% | -19% | -19% |
| 10 | Ole Miss Rebels | +3000 | BetMGM | 3.2% | +44% | +44% |
| 11 | Texas Tech Red Raiders | +5000 | BetMGM | 2.0% | +73% | +80% |
| 12 | Tennessee Volunteers | +6500 | DraftKings | 1.5% | +29% | +29% |
Show all 138 teamsShow fewer
| 13 | Florida Gators | +7000 | DraftKings | 1.4% | -54% | -54% |
| 14 | USC Trojans | +10000 | FanDuel | 1.0% | +87% | +106% |
| 15 | BYU Cougars | +10000 | BetMGM | 1.0% | even | even |
| 16 | Utah Utes | +10000 | BetMGM | 1.0% | even | even |
| 17 | Penn State Nittany Lions | +12500 | BetMGM | 0.8% | +104% | +96% |
| 18 | Iowa Hawkeyes | +15000 | BetMGM | 0.7% | -9% | -2% |
| 19 | Texas A&M Aggies | +17500 | BetMGM | 0.6% | +138% | +161% |
| 20 | Michigan Wolverines | +17500 | BetMGM | 0.6% | +103% | +103% |
| 21 | Oklahoma Sooners | +25000 | BetMGM | 0.4% | +317% | +317% |
| 22 | Missouri Tigers | +25000 | BetMGM | 0.4% | +75% | +75% |
| 23 | Houston Cougars | +30000 | DraftKings | 0.3% | -10% | -10% |
| 24 | Virginia Tech Hokies | +35000 | DraftKings | 0.3% | even | -10% |
| 25 | Auburn Tigers | +40000 | FanDuel | 0.2% | +73% | +86% |
| 26 | SMU Mustangs | +40000 | FanDuel | 0.2% | +100% | +100% |
| 27 | Louisville Cardinals | +50000 | FanDuel | 0.2% | +135% | +135% |
| 28 | Arizona State Sun Devils | +50000 | BetMGM | 0.2% | even | -10% |
| 29 | Pittsburgh Panthers | +50000 | BetMGM | 0.2% | even | +14% |
| 30 | Boise State Broncos | +50000 | BetMGM | 0.2% | even | even |
| 31 | Nebraska Cornhuskers | +60000 | DraftKings | 0.2% | -36% | -36% |
| 32 | UCLA Bruins | +65000 | DraftKings | 0.2% | -47% | -51% |
| 33 | Washington Huskies | +75000 | BetMGM | 0.1% | +133% | +180% |
| 34 | Kansas State Wildcats | +75000 | BetMGM | 0.1% | +56% | +85% |
| 35 | Kentucky Wildcats | +75000 | BetMGM | 0.1% | +24% | +18% |
| 36 | Mississippi State Bulldogs | +75000 | DraftKings | 0.1% | -28% | -28% |
| 37 | South Carolina Gamecocks | +100000 | BetMGM | 0.1% | +400% | +438% |
| 38 | Virginia Cavaliers | +100000 | FanDuel | 0.1% | +20% | +20% |
| 39 | Arizona Wildcats | +100000 | BetMGM | 0.1% | +10% | +10% |
| 40 | Minnesota Golden Gophers | +100000 | Caesars | 0.1% | -20% | -11% |
| 41 | Duke Blue Devils | +100000 | BetMGM | 0.1% | -16% | -16% |
| 42 | Oklahoma State Cowboys | +100000 | DraftKings | 0.1% | -45% | -50% |
| 43 | Wisconsin Badgers | +100000 | BetMGM | 0.1% | even | even |
| 44 | Baylor Bears | +100000 | BetMGM | 0.1% | even | even |
| 45 | Northwestern Wildcats | +100000 | DraftKings | 0.1% | -20% | -20% |
| 46 | UAB Blazers | +100000 | DraftKings | 0.1% | – | – |
| 47 | Kent State Golden Flashes | +100000 | DraftKings | 0.1% | – | – |
| 48 | Vanderbilt Commodores | +125000 | FanDuel | 0.1% | +122% | +135% |
| 49 | Clemson Tigers | +125000 | FanDuel | 0.1% | +45% | +60% |
| 50 | Illinois Fighting Illini | +125000 | FanDuel | 0.1% | +11% | +18% |
| 51 | TCU Horned Frogs | +125000 | FanDuel | 0.1% | +33% | +33% |
| 52 | Kansas Jayhawks | +125000 | Caesars | 0.1% | even | +13% |
| 53 | North Carolina Tar Heels | +125000 | FanDuel | 0.1% | even | even |
| 54 | West Virginia Mountaineers | +125000 | FanDuel | 0.1% | +11% | +11% |
| 55 | Arkansas Razorbacks | +125000 | Caesars | 0.1% | even | +13% |
| 56 | Navy Midshipmen | +125000 | FanDuel | 0.1% | even | +11% |
| 57 | UCF Knights | +125000 | FanDuel | 0.1% | even | even |
| 58 | Colorado Buffaloes | +125000 | Caesars | 0.1% | even | +13% |
| 59 | Memphis Tigers | +125000 | FanDuel | 0.1% | +5% | +5% |
| 60 | NC State Wolfpack | +125000 | Caesars | 0.1% | even | +13% |
| 61 | South Florida Bulls | +125000 | FanDuel | 0.1% | even | even |
| 62 | Cincinnati Bearcats | +125000 | FanDuel | 0.1% | even | even |
| 63 | Tulane Green Wave | +125000 | FanDuel | 0.1% | even | even |
| 64 | James Madison Dukes | +125000 | FanDuel | 0.1% | even | even |
| 65 | Iowa State Cyclones | +125000 | Caesars | 0.1% | even | +13% |
| 66 | New Mexico Lobos | +125000 | FanDuel | 0.1% | even | even |
| 67 | North Dakota State Bison | +125000 | FanDuel | 0.1% | even | even |
| 68 | California Golden Bears | +125000 | FanDuel | 0.1% | even | even |
| 69 | San Diego State Aztecs | +125000 | FanDuel | 0.1% | – | – |
| 70 | UNLV Rebels | +125000 | Caesars | 0.1% | even | +25% |
| 71 | Texas State Bobcats | +125000 | Caesars | 0.1% | even | +25% |
| 72 | Old Dominion Monarchs | +125000 | FanDuel | 0.1% | – | – |
| 73 | Rutgers Scarlet Knights | +125000 | FanDuel | 0.1% | – | – |
| 74 | Maryland Terrapins | +125000 | FanDuel | 0.1% | even | even |
| 75 | Toledo Rockets | +125000 | Caesars | 0.1% | even | +4% |
| 76 | Middle Tennessee Blue Raiders | +125000 | FanDuel | 0.1% | even | even |
| 77 | Georgia State Panthers | +125000 | FanDuel | 0.1% | even | even |
| 78 | Georgia Tech Yellow Jackets | +150000 | BetMGM | 0.1% | even | +11% |
| 79 | East Carolina Pirates | +150000 | Caesars | 0.1% | even | even |
| 80 | Army Black Knights | +150000 | Caesars | 0.1% | even | +4% |
| 81 | Wake Forest Demon Deacons | +150000 | BetMGM | 0.1% | -6% | even |
| 82 | Michigan State Spartans | +150000 | BetMGM | 0.1% | even | +2% |
| 83 | Florida State Seminoles | +150000 | BetMGM | 0.1% | even | even |
| 84 | Washington State Cougars | +150000 | DraftKings | 0.1% | – | – |
| 85 | Stanford Cardinal | +150000 | DraftKings | 0.1% | even | +20% |
| 86 | Air Force Falcons | +150000 | DraftKings | 0.1% | even | even |
| 87 | Boston College Eagles | +150000 | DraftKings | 0.1% | even | +20% |
| 88 | Purdue Boilermakers | +200000 | BetMGM | 0.0% | even | even |
| 89 | UTSA Roadrunners | +200000 | DraftKings | 0.0% | even | even |
| 90 | Western Michigan Broncos | +200000 | DraftKings | 0.0% | even | even |
| 91 | Fresno State Bulldogs | +200000 | DraftKings | 0.0% | even | even |
| 92 | Utah State Aggies | +200000 | DraftKings | 0.0% | – | – |
| 93 | Syracuse Orange | +200000 | DraftKings | 0.0% | even | +20% |
| 94 | Miami (OH) RedHawks | +200000 | DraftKings | 0.0% | even | even |
| 95 | Oregon State Beavers | +200000 | DraftKings | 0.0% | even | even |
| 96 | North Texas Mean Green | +200000 | BetMGM | 0.0% | even | even |
| 97 | Louisiana Ragin’ Cajuns | +200000 | DraftKings | 0.0% | even | even |
| 98 | Liberty Flames | +200000 | DraftKings | 0.0% | even | even |
| 99 | Troy Trojans | +200000 | DraftKings | 0.0% | even | even |
| 100 | Jacksonville State Gamecocks | +200000 | DraftKings | 0.0% | – | – |
| 101 | Delaware Fightin’ Blue Hens | +200000 | DraftKings | 0.0% | even | even |
| 102 | Appalachian State Mountaineers | +300000 | DraftKings | 0.0% | even | even |
| 103 | Buffalo Bulls | +300000 | DraftKings | 0.0% | – | – |
| 104 | UConn Huskies | +300000 | BetMGM | 0.0% | even | even |
| 105 | Tulsa Golden Hurricane | +300000 | DraftKings | 0.0% | even | even |
| 106 | Arkansas State Red Wolves | +300000 | DraftKings | 0.0% | even | even |
| 107 | Marshall Thundering Herd | +300000 | DraftKings | 0.0% | even | even |
| 108 | Temple Owls | +300000 | DraftKings | 0.0% | – | – |
| 109 | Louisiana Tech Bulldogs | +300000 | DraftKings | 0.0% | even | even |
| 110 | South Alabama Jaguars | +300000 | DraftKings | 0.0% | even | even |
| 111 | Coastal Carolina Chanticleers | +500000 | DraftKings | 0.0% | – | – |
| 112 | Central Michigan Chippewas | +500000 | DraftKings | 0.0% | even | even |
| 113 | Florida International Panthers | +500000 | DraftKings | 0.0% | – | – |
| 114 | UMass Minutemen | +500000 | DraftKings | 0.0% | even | even |
| 115 | Sacramento State Hornets | +500000 | DraftKings | 0.0% | – | – |
| 116 | Florida Atlantic Owls | +500000 | DraftKings | 0.0% | even | even |
| 117 | Colorado State Rams | +500000 | DraftKings | 0.0% | even | even |
| 118 | Rice Owls | +500000 | DraftKings | 0.0% | – | – |
| 119 | San Jose State Spartans | +500000 | DraftKings | 0.0% | even | even |
| 120 | Wyoming Cowboys | +500000 | DraftKings | 0.0% | – | – |
| Only one book still prices these | ||||||
| 121 | Sam Houston Bearkats | +100000 | DraftKings | 0.1% | – | – |
| 122 | Charlotte 49ers | +100000 | DraftKings | 0.1% | – | – |
| 123 | UTEP Miners | +100000 | DraftKings | 0.1% | – | – |
| 124 | Louisiana-Monroe Warhawks | +100000 | DraftKings | 0.1% | – | – |
| 125 | New Mexico State Aggies | +100000 | DraftKings | 0.1% | – | – |
| 126 | Ball State Cardinals | +100000 | DraftKings | 0.1% | – | – |
| 127 | Akron Zips | +100000 | DraftKings | 0.1% | – | – |
| 128 | Eastern Michigan Eagles | +100000 | DraftKings | 0.1% | – | – |
| 129 | Ohio Bobcats | +150000 | DraftKings | 0.1% | – | – |
| 130 | Western Kentucky Hilltoppers | +150000 | DraftKings | 0.1% | – | – |
| 131 | Hawai’i Rainbow Warriors | +200000 | DraftKings | 0.0% | – | – |
| 132 | Southern Miss Golden Eagles | +200000 | DraftKings | 0.0% | – | – |
| 133 | Georgia Southern Eagles | +200000 | DraftKings | 0.0% | – | – |
| 134 | Kennesaw State Owls | +200000 | DraftKings | 0.0% | – | – |
| 135 | Missouri State Bears | +500000 | DraftKings | 0.0% | – | – |
| 136 | Nevada Wolf Pack | +500000 | DraftKings | 0.0% | – | – |
| 137 | Bowling Green Falcons | +500000 | DraftKings | 0.0% | – | – |
| 138 | Northern Illinois Huskies | +500000 | DraftKings | 0.0% | – | – |
Best price is the longest number we found across BetMGM, DraftKings, Caesars, FanDuel. Implied probability strips nothing out; the whole board adds to more than 100% and that gap is the books’ margin. Movement is the change in what a winning dollar pays, so a move means the same thing at the top of the board and at the bottom; green means the price shortened. It reads across the books quoting a team both then and now, and a row too thinly quoted to compare shows a dash rather than a number. Since start runs from the first day we have every book’s price, which is not the market’s opening line.
Why the Field Goes Deeper Than the Names You Know
A 138-team playoff changes what you’re actually betting when you buy a number. It’s not just which roster is best, it’s which team draws a route through its conference and the committee that doesn’t require running a gauntlet. That’s why Ohio State sits at +550 while a team like Notre Dame prices at +610 despite plenty of overlap in raw talent. The committee’s read on schedule and conference standing can matter as much as anything that happens on the field.
This is also why the board runs so deep. Casual money stops at the top five or six programs it recognizes from television, but 138 teams carry a live number for a reason. A name like Wyoming at +500000 isn’t a novelty bet, it’s a team that has a real playoff path if the conference race breaks its way. Betting this market well means pricing that path, not just the name attached to it.
What Actually Pushes a Championship Price
Results move this number, but so does positioning. A team can win and still see its price hold flat if the committee’s math doesn’t shift, or it can lose and barely move if the loss doesn’t touch its playoff standing. Recruiting news, coaching changes, and injuries to key pieces all factor in too, especially early when the board is still mostly projection.
Penn State Nittany Lions is the clearest example of how fast this can happen. It has drifted by 104%, and now sits at +12500, which tells you the market reacted to something concrete rather than hype. Watching which teams move and why is often more useful than staring at where they rank today, since the move usually points at a real shift in playoff position before the public catches up.
Sizing a Ticket That Sits for Months
A championship future ties up money from before the season starts until the last game is played, so sizing matters more here than in a bet you settle in a week. A single ticket on Ohio State at +550 is simple, but it locks you into one path and one price for the long haul.
A small spread of tickets, maybe Ohio State alongside a middle-tier team and a longer shot like Wyoming at +500000, changes the math. It costs more up front but gives you multiple ways to cash if the playoff bracket breaks unevenly, which it usually does in a 138-team field. Whichever way you build it, shop BetMGM, DraftKings, Caesars, FanDuel before locking anything in, since the same team can carry a meaningfully different price depending on where you look.
