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2024-25 College Football Playoff odds: Georgia lone favorite; Michigan odds lengthen

College Football
Updated Jun. 12, 2024 7:31 p.m. ET

The 2023-24 college football season kicks off in a little more than two months, so it’s time to look ahead to next season and its betting odds.

Big news regarding head coaching changes out of Tuscaloosa and out of Ann Arbor have caused major shifts on the board.

For example, after Nick Saban’s retirement, Bama’s odds have moved to +1400 from +550.

And despite winning it all last season, Michigan is not the favorite. In addition to head coach Jim Harbaugh taking his talents to the NFL, so did Wolverines stars J.J. McCarthy and Blake Corum.

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In the wake of Harbaugh’s departure and losing stars to the league, their CFP futures moved to +2500 from +1400.

Let’s dive into the odds for some of the top teams at FanDuel Sportsbook.*

CFP NATIONAL CHAMPIONSHIP ODDS: *

Georgia Bulldogs: +300 (bet $10 to win $40 total)

Ohio State Buckeyes: +430 (bet $10 to win $53 total)

Texas Longhorns: +800 (bet $10 to win $90 total)

Oregon Ducks: +850 (bet $10 to win $95 total)

Alabama Crimson Tide: +1400 (bet $10 to win $150 total)

Ole Miss Rebels: +1500 (bet $10 to win $160 total)

LSU Tigers: +1700 (bet $10 to win $180 total)

Penn State Nittany Lions: +2000 (bet $10 to win $210 total)

Notre Dame Fighting Irish: +2200 (bet $10 to win $230 total)

Michigan Wolverines: +2500 (bet $10 to win $260 total)

Florida State Seminoles: +2800 (bet $10 to win $290 total)

* odds as of 6/12/24

Since the CFP is set to expand to 12 teams next season, let’s now take a deeper look at what we know about the five current favorites.

GEORGIA BULLDOGS

2023-24 finish: BeatFlorida State 63-3, Capital One Orange Bowl

2024-25 title odds: +300

What to know for next season: The Bulldogs continue to stack the roster with four- and five-star players. One new talented player the Dawgs added to their roster through the portal is former Florida running back Trevor Etienne. Etienne, who ran for 1,472 yards in two seasons for the Gators, is the younger brother of Jacksonville Jaguars running back Travis Etienne. Also, QB Carson Beck announced he would return for his fifth season after throwing for 3,738 yards and 22 touchdowns.

OHIO STATE BUCKEYES

2023-24 finish: Lost to Missouri 14-3,Goodyear Cotton Bowl Classic

2024-25 title odds: +430

What to know for next season: The Buckeyes got a huge boost when stars JT Tuimoloau and TreVeyon Henderson put the NFL on hold and opted to stay in Columbus. That helps ease the pain of Ohio State losing three in a row to rival Michigan. Then, starting quarterback Kyle McCord transferred to Syracuse. This means that freshman Lincoln Kienholz, five-star recruit Air Noland and Devin Brown are expected to compete for the starting job during camp. One of the gems of the Buckeyes’ recruiting class is receiver Jeremiah Smith, the nation’s No. 1 prospect.

Sherrone Moore explains what it’s like to take over for a National Championn

TEXAS LONGHORNS

2023-24 finish: Lost to Washington 37-31, Allstate Sugar Bowl (CFP semifinals)

2024-25 title odds: +800

What to know for next season: Texas is in great shape because its quarterback room appears to be fully loaded. But how long will it last? Sophomore QB Quinn Ewers will return to the fold next season after leading the Longhorns to a CFP berth this season, throwing for 3,161 yards, 21 touchdowns and just six interceptions in the process. However, his backup is no regular backup — it’s Arch Manning, the top quarterback recruit in the country in 2023. Manning will be entering his sophomore season, while Ewers enters his junior year. Either the Longhorns will face a QB dilemma next season, or they will be set up nicely for years to come.

OREGON DUCKS

2023-24 finish: Beat Liberty 45-6, Vrbo Fiesta Bowl

2024-25 title odds: +850

What to know for next season: Coach Dan Lanning announced he was staying in Oregon and wouldn’t be pursuing the Alabama job after Saban retired. The next task for Lanning will be managing his QB room. Both Oklahoma QB Dillon Gabriel and UCLA QB Dante Moore transferred to the team after the season. Gabriel started 24 regular-season games for the Sooners over the past two seasons, completing 66% of his passes and throwing for 6,828 yards, 55 touchdowns and 12 interceptions. It will be his sixth year playing college football after he spent three years at UCF and two at OU. Moore started nine games as a freshman for UCLA, completing 53.5% of his passes for 1,610 yards, 11 TDs and nine INTs.

ALABAMA CRIMSON TIDE

2023-24 finish: Lost to Michigan 27-20 (OT), Rose Bowl (CFP semifinals)

2024-25 title odds: +1400

What to know for next season: The Tide hired Washington’s Kalen DeBoer after Saban’s exit. But with starting QB Jalen Milroe returning after finishing sixth in the voting for the Heisman Trophy, Bama should be in good shape at the position. He was briefly benched last season but starred in the SEC Championship Game win over Georgia and earned MVP honors. Bama has a tough schedule; it has five top-20 opponents on the slate. However, four of them come to Tuscaloosa.

If you’re looking for help on how to wager on next season, FOX Sports’ Chris “The Bear” Fallica and Jason McIntyre have a couple of bets they already like.

Check out their early futures bets here!

Follow along with FOX Sports for the latest college football news.

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