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How strong are each team’s chances?  Find out with the updated odds to make the 2023-24 College Football Playoff (CFP) every week of the season.

The current format matches up the No. 1 ranked team vs the No. 4 and the No. 2 takes on the No. 3 in two semifinal games.  The winners then face off for the national title.

Updated Favorites to Make the College Football Playoff

TeamYes OddsNo Odds
Florida State−150+120
Oregon State+1400−5000
Ole Miss+3000−20000
Penn State+250−320
Ohio State+170−210
Notre Dame+2500−20000

How the Odds to Make the CFP Will Change With Updated Format

Starting in the 2024 season the playoff will expand to a 12-team format.  The new schedule will be as follows:

The first round will be played on campus.  You’ll have one game the Friday before Christmas the three games the following day during the early afternoon, late afternoon and evening.

The quarterfinals will then be played the following week with one game on New Year’s Even and three scheduled for New Year’s Day.

The semifinals will take place the following Thursday and Friday before the winners face off in the National Championship game the Monday around ten days following.

Obviously with more teams making the playoff there will be a lot bigger favorites with the odds.  You have more security that if you lose one of your final games that you will still be invited, whereas now you can’t really feel safe until your schedule is complete and you finished out the season on top.

History of the College Football Playoff

Year2 v 3 Semifinal1 v 4 SemifinalChampionship
2023No. 3 TCU 51, No. 2 Michigan 45No. 1 Georgia 42, No. 4 Ohio State 41No. 1 Georgia 65, No. 3 TCU 7
2022No. 3 Georgia 34, No. 2 Michigan 11No. 1 Alabama 27, No. 4 Cincinnati 6No. 3 Georgia 33, No. 1 Alabama 18
2021No. 3 Ohio State 49, No. 2 Clemson 28No. 1 Alabama 31, No. 4 Notre Dame 14No. 1 Alabama 52, No. 3 Ohio State 24
2020No. 3 Clemson 29, No. 2 Ohio State 23No. 1 LSU 63, No. 4 Oklahoma 28No. 1 LSU 42, No. 3 Clemson 25
2019No. 2 Clemson 30, No. 3 Notre Dame 3No. 1 Alabama 45, No. 4 Oklahoma 34No. 2 Clemson 44, No. 1 Alabama 16
2018No. 3 Georgia 54, No. 2 Oklahoma 48 (2OT)No. 4 Alabama 24, No. 1 Clemson 6No. 4 Alabama 26, No. 3 Georgia 23 (OT)
2017No. 2 Clemson 31, No. 3 Ohio State 0No. 1 Alabama 24, No. 4 Washington 7No. 2 Clemson 35, No. 1 Alabama 31
2016No. 2 Alabama 38, No. 3 Michigan State 0No. 1 Clemson 37, No. 4 Oklahoma 17No. 2 Alabama 45, No. 1 Clemson 40
2015No. 2 Oregon 59, No. 3 Florida State 20No. 4 Ohio State 42, No. 1 Alabama 35No. 4 Ohio State 42, No. 2 Oregon 20

Some quick facts about the CFP and how each seed has done.  The #1 seed is 7-2 in the semifinals but just 3-4 in the title game.  The #2 seed is only 4-5 in the semifinals but has gone 3-1 in the championship.  The #3 seed has a winning 5-4 record in the first round but is only 1-4 with their shot to win it all.  The #4 has only won twice in the semis, but is undefeated 2-0 when they do.

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