CFP odds for every team vying for bracket spot in College Football Playoff
The final week of college football's regular season is here and many of the spots in the first 12-team College Football Playoff seem completely up for grabs after another crazy week of results. The upsets from Week 13 that upended the top 10 of the national polls also sent shockwaves through the betting markets as they handicap what team has the best chances to emerge from this expanded postseason format.
Alabama and Ole Miss suffered huge setbacks in their quest to make the playoff, while Tennessee, Notre Dame and Arizona State were among the schools to see their odds increase based on what happened this past Saturday. Though No. 1 Oregon is the only undefeated team in the country, it's still not the favorite to win the national championship.
With so much still to be determined over the next couple weeks, let's take a look at the current BetMGM odds for every team that could make the first 12-team college football playoff ahead of Tuesday's latest rankings release:
College Football Playoff championship odds
As of Nov. 26, here are the latest College Football Playoff title odds from BetMGM:
- Ohio State (+275)
- Georgia (+350)
- Oregon (+400)
- Texas (+450)
- Notre Dame (+1400)
- Penn State (+1800)
- Tennessee (+2000)
- Miami (+2500)
- Alabama (+4000)
- SMU (+4000)
- Clemson (+5000)
- Indiana (+5000)
- Arizona State (+8000)
- Boise State (+12,500)
- South Carolina (+15,000)
- Texas A&M (+20,000)
- Colorado (+20,000)
- Tulane (+20,000)
- Iowa State (+25,000)
- BYU (+25,000)
- UNLV (+100,000)
When do College Football Playoff rankings come out?
The fourth College Football Playoff rankings of the 2024 season will be released Tuesday, Nov. 26 during an hour-long ESPN broadcast beginning at 8 p.m. ET.
A new top 25 ranking is released by the CFP selection committee every Tuesday through Dec. 3. There is a CFP selection show on Dec. 8 to announce the 12-team playoff field.
What time is CFP rankings?
The College Football Playoff rankings are released each week through a CFP rankings show broadcasted by ESPN every Tuesday, from Nov. 5 through Dec. 3. This week's show is slated to air starting at 8 p.m. ET and ending at 9 p.m. ET.
How to watch CFP rankings reveal
The College Football Playoff rankings show will air on ESPN, with the broadcast starting at 8 p.m. ET on Tuesday, Nov. 26. Fans can also stream the rankings show on Fubo, which is offering a free trial.
- Date: Tuesday, Nov. 26
- Time: 8 p.m.-9 p.m. ET
- TV: ESPN
- Stream: Fubo
Watch CFP rankings show with Fubo
How many teams in College Football Playoff 2024?
There are 12 teams in the College Football Playoff for the first time this season, after college football introduced the CFP in 2014 with a four-team format. The expansion to 12 teams is set in place for the 2024 and 2025 college football seasons. Leaders within the sport have not agreed to the framework of the playoff beyond that at this point.
How does College Football Playoff format work?
The 12 participating teams in the College Football Playoff bracket will be the five conference champions ranked highest by the CFP selection committee, and the next seven highest-ranked teams.
The four highest-ranked conference champions will be seeded one through four and receive a first-round bye. The fifth conference champion will be seeded where it was ranked among the top 12 teams, or at No. 12 if it is outside the top 12 in the CFP rankings. Non-conference champions ranked in the top four will be seeded beginning at No. 5.
"Because of this," the CFP warns on its website, "the seeding, 1 through 12, could look different than the final rankings."
For the first round, the higher-ranked team in each pairing (5 vs. 12, 6 vs. 11, 7 vs. 10, 8 vs. 9) will serve as host on campus. The winners advance to the quarterfinals and match up with the corresponding top-four conference champion based on seeding. Quarterfinal games will played at the Fiesta Bowl, Peach Bowl, Rose Bowl and Sugar Bowl on New Year's Eve and New Year's Day. The semifinals – played at the Orange Bowl and Cotton Bowl Classic – will take place Jan. 9-10.
The two semifinal winners will play for the national championship Jan. 20 at Mercedes-Benz Stadium in Atlanta, Georgia.
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