College Football Championship Odds

If you follow future odds at all, you know the books waste no time jumping ahead to the next season. Believe it or not, the odds to win the 2017-18 CFP National Championship Game are already out.

I’ve put together a full list of the odds for the teams who are available to bet. As you can see, the majority of the Power 5 programs are on the board.

I’ll update the odds on a number of occasions throughout the offseason, so be sure to check back often. The most current odds will be listed under the “Now” column.  You can also compare numbers from different books on our college football odds page. Teams with the best odds are listed at the top.

The implied probability shows the chance each of these teams has to win based on the latest update.

To convert to fractional odds take the numbers below and divide by 100. For example, +500 converts to 5/1.

2017-18 College Football FBS Championship

TeamNowProb.
Alabama+40020.00%
Florida State+70012.50%
Ohio State+75011.76%
Oklahoma+90010.00%
USC+90010.00%
Michigan+90010.00%
LSU+12007.69%
Clemson+16005.88%
Louisville+18005.26%
Penn State+20004.76%
Texas+28003.45%
Auburn+33002.94%
Oklahoma State+33002.94%
Georgia+33002.94%
Miami (FL)+33002.94%
Virginia Tech+33002.94%
Washington+40002.44%
Notre Dame+40002.44%
Florida+50001.96%
Kansas State+50001.96%
Tennessee+50001.96%
UCLA+50001.96%
West Virginia+50001.96%
Wisconsin+50001.96%
Oregon+66001.49%
Texas A&M+66001.49%
Boise State+75001.32%
Michigan State+75001.32%
TCU+75001.32%
Colorado+100000.99%
Ole Miss+100000.99%
NC State+100000.99%
Iowa+150000.66%
Nebraska+150000.66%
Utah+150000.66%
Arizona+250000.40%
Arizona State+250000.40%
Arkansas+250000.40%
BYU+250000.40%
Baylor+250000.40%
California+250000.40%
Houston+250000.40%
Minnesota+250000.40%
Mississippi State+250000.40%
North Carolina+250000.40%
Northwestern+250000.40%
Pittsburgh+250000.40%
South Carolina+250000.40%
Boston College+500000.20%
Cincinnati+500000.20%
Duke+500000.20%
Kentucky+500000.20%
Maryland+500000.20%
Missouri+500000.20%

No real surprise to see Alabama at the top of the list. The Crimson Tide are the odds on favorite at +400. Given what Alabama has done under Nick Saban, there’s a good chance they are back in the playoffs. Keep in mind that coming off their title win last year, they opened up at +700.

The two biggest threats according to the books are Florida State (+700) and Ohio State (+750). After that we got Oklahoma, USC, and Michigan all at +900. Then it’s LSU at +1200, followed by Clemson at +1600. The only other teams at 20 to 1 or better are Louisville (+1800) and Penn State (+2000).

The thing to keep in mind with these odds, is they are largely based on the program. At the same time, it’s unlikely a long shot on this list will surprise. Only twice in the last 10 years has a team opened with odds of 20 to 1 or worse and won it all. The most recent was Ohio State in 2014 at +4000. We also saw Auburn cash in at +5000 back in 2010.

Previous Champions

The table below lists the preseason line on every team that went on to win the title since 2002.  The 2010 Auburn Tigers were the most unlikely champs in recent history.  A $100 bet on Auburn made before the start of the 2010 season would have paid $5,000 at the end of the year.  Compare that to the heavily-favored 2004 USC Trojans.  A $100 preseason bet on them would have paid just $300!

SeasonTeamPreseason
2016Clemson+750
2015Alabama+700
2014Ohio State+4000
2013Florida State+1600
2012Alabama+550
2011Alabama+600
2010Auburn+5000
2009Alabama+1200
2008Florida+600
2007LSU+800
2006Florida+1000
2005Texas+800
2004USC+300
2003LSU+4000
2002Ohio State+1900

Spread & Total History

Next, find the results, spreads, and totals for every championship game since 1998.  This is when NCAA football started having an actual title game.

The biggest upset in the history of these games came in 2002 when Ohio State beat Miami.  The Buckeyes were 12-point underdogs.  They won thanks in large part to a controversial pass interference call in double overtime.

SeasonFavoriteScoreUnderdogScorePoint SpreadOver/UnderATS ResultTotal Result
2016Alabama31Clemson35-6.551UnderdogOver
2015Alabama45Clemson40-753.5UnderdogOver
2014Oregon20Ohio State42-7.574UnderdogUnder
2013Florida State34Auburn31-10.568UnderdogUnder
2012Alabama24Notre Dame14-1040FavoriteOver
2011Alabama21LSU0-2.541.5FavoriteUnder
2010Oregon19Auburn22-173.5UnderdogUnder
2009Alabama37Texas21-444.5FavoriteOver
2008Florida24Oklahoma14-371FavoriteUnder
2007LSU38Ohio State24-451.5FavoriteOver
2006Ohio State14Florida41-747UnderdogOver
2005USC38Texas41-769.5UnderdogOver
2004USC21Oklahoma19-354FavoriteOver
2003Oklahoma14LSU21-647UnderdogUnder
2002Miami24Ohio State31-1248UnderdogOver
2001Miami37Nebraska14-8.554.5FavoriteUnder
2000Florida State2Oklahoma13-11.556.5UnderdogUnder
1999Florida State46Virginia Tech29-649.5FavoriteOver
1998Florida State16Tennessee23-5.541.5UnderdogUnder