Jimmy Boyd in 
This page is your one stop for the latest odds to win the 2020-21 NCAA Football Championship. We start tracking the odds for the next season right after the conclusion of the title game.
We will continue to update the lines throughout the year and provide checkpoints with each update.
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.
Updated Betting Odds to Win the 2020-21 College Football Playoffs
| Team | Current Odds | Implied Probability |
|---|---|---|
| Clemson | +225 | 30.77% |
| Ohio State | +300 | 25.00% |
| Alabama | +500 | 16.67% |
| Georgia | +750 | 11.76% |
| LSU | +1000 | 9.09% |
| Florida | +1200 | 7.69% |
| Oklahoma | +2500 | 3.85% |
| Texas | +2500 | 3.85% |
| Texas A&M | +2500 | 3.85% |
| Notre Dame | +3300 | 2.94% |
| Auburn | +3500 | 2.78% |
| Michigan | +4000 | 2.44% |
| Oregon | +4000 | 2.44% |
| Penn State | +4000 | 2.44% |
| USC | +5000 | 1.96% |
| Wisconsin | +6000 | 1.64% |
| Miami Florida | +7000 | 1.41% |
| North Carolina | +9000 | 1.10% |
| Arizona State | +10000 | 0.99% |
| Iowa State | +10000 | 0.99% |
| Oklahoma State | +10000 | 0.99% |
| Utah | +10000 | 0.99% |
| Washington | +10000 | 0.99% |
| Iowa | +12500 | 0.79% |
| Nebraska | +12500 | 0.79% |
| Minnesota | +15000 | 0.66% |
| Tennessee | +15000 | 0.66% |
| Florida State | +17500 | 0.57% |
| TCU | +25000 | 0.40% |
| Missouri | +30000 | 0.33% |
| Stanford | +30000 | 0.33% |
| Arizona | +35000 | 0.28% |
| Team | 02-Jun | 29-Apr | 26-Feb |
|---|---|---|---|
| Clemson | +225 | +230 | |
| Ohio State | +350 | +350 | +300 |
| Alabama | +450 | +475 | +450 |
| Georgia | +1000 | +950 | +900 |
| Florida | +1200 | +1200 | +1400 |
| LSU | +1500 | +1500 | +750 |
| Oregon | +2000 | +1800 | +4000 |
| Auburn | +2500 | +2400 | +4000 |
| Oklahoma | +2500 | +2500 | +2500 |
| Penn State | +2500 | +2500 | +3300 |
| Texas A&M | +2500 | ||
| Michigan | +3300 | +3500 | +4500 |
| Notre Dame | +3500 | +4000 | +3300 |
| Texas | +3500 | +3000 | +4000 |
| Tennessee | +5000 | +7000 | +10000 |
| Oklahoma State | +5000 | +5000 | +8000 |
| Wisconsin | +6000 | +6600 | +6000 |
| Miami Florida | +6600 | +6000 | +10000 |
| USC | +6600 | +5000 | +10000 |
| Minnesota | +8000 | +10000 | +12500 |
| Utah | +10000 | +12500 | +10000 |
| Iowa State | +12500 | +15000 | +10000 |
| Arizona State | +12500 | +15000 | +10000 |
| Florida State | +12500 | +10000 | +15000 |
| Nebraska | +12500 | +15000 | +15000 |
| Iowa | +15000 | +15000 | +10000 |
| North Carolina | +15000 | +7500 | +15000 |
| Washington | +15000 | +15000 | +10000 |
| TCU | +25000 | +25000 | +15000 |
| Missouri | +30000 | +30000 | +20000 |
| Arizona | +35000 | +35000 | |
| Stanford | +40000 | +40000 | +20000 |
Less than 24 hours after watching Joe Burrow and LSU take down Clemson 42-25 in the National Championship Game, we quickly turn our attention to next season and the early odds that have been released to win the 2020-21 title.
Despite just coming up short, Clemson is the odds on favorite for next year at +250. Not a huge shocker given what this program has been able to accomplish of late and the fact that they will have Trevor Lawrence back under center.
Next up is Ohio State at +400 and while they will have some big losses, they too have a talented and experienced leader back under center in Justin Fields.
Alabama has the third best odds at +500 and it’s a bit unusual to see the Crimson Tide not at the top of these early odds.
You then have LSU at +700 and it will be fascinating to see if they can stay on top after losing Burrow.
The only other team with odds better than 10 to 1 is Georgia, who is going to have a completely different look to them with Fromm leaving early for the NFL.
Next up it’s Florida at +1600, Oklahoma/Texas at +2500, Auburn/Notre Dame/Texas A&M at +3000, USC at +3300, Wisconsin at +4000, Penn State at +4500, Michigan/Iowa at +5000, Oklahoma/Nebraska at +6000 and Oregon at +6600.
Several other teams are listed but are all got odds of 80 to 1 or worse.
In terms of value, Oregon at +6600, Texas A&M at +3000, Penn State at +4500 all jump out to me.
Preseason Vegas Lines for Past NCAA Football Championship Teams
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!
| Season | Team | Preseason |
|---|---|---|
| 2019 | LSU | +2000 |
| 2018 | Clemson | +600 |
| 2017 | Alabama | +400 |
| 2016 | Clemson | +750 |
| 2015 | Alabama | +700 |
| 2014 | Ohio State | +4000 |
| 2013 | Florida State | +1600 |
| 2012 | Alabama | +550 |
| 2011 | Alabama | +600 |
| 2010 | Auburn | +5000 |
| 2009 | Alabama | +1200 |
| 2008 | Florida | +600 |
| 2007 | LSU | +800 |
| 2006 | Florida | +1000 |
| 2005 | Texas | +800 |
| 2004 | USC | +300 |
| 2003 | LSU | +4000 |
| 2002 | Ohio State | +1900 |
FBS Championship Game Betting History: Spread, Total & Results
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.