2024 College Football Playoff odds: Oregon, Texas favored; Boise State rising

College Football

Updated Oct. 15, 2024 9:47 a.m. ET

After seven weeks of college football, Oregon and Texas now have the shortest odds to make the 12-team Playoff, tied at -2000.

The Ducks defeated Ohio State 32-31, and their odds to secure a spot in the postseason shortened from -800.

Texas toppled Oklahoma in a Red River rout and saw its line move from -1100.

The Playoff is officially expanding to 12 teams this year, meaning an early-season loss or midseason conference loss might not torpedo a program’s chances of competing for a national title, like in years past.

That’s an important note, considering a few big-name programs have already suffered defeats.

Let’s check out the odds to make the 12-team Playoff at FanDuel Sportsbook as of Oct. 15.

BETTING FAVORITES TO MAKE 12-TEAM CFP PLAYOFF FIELD:

Oregon: -2000 (bet $10 to win $10.50 total)

Texas: -2000 (bet $10 to win $10.50 total)

Ohio State: -700 (bet $10 to win $11.43 total)

Penn State: -600 (bet $10 to win $11.67 total)

Georgia: -460 (bet $10 to win $10 to win $12.17 total)

Alabama: -350 (bet $10 to win $12.86 total)

Miami: -240 (bet $10 to win $14.17 total)

Clemson: -170 (bet $10 to win $15.88 total)

Notre Dame: -120 (bet $10 to win $18.33)

Boise State: -105 (bet $10 to win $19.52 total)

Tennessee: +100 (bet $10 to win $20 total)

Iowa State: +135 (bet $10 to win $23.50 total)

Texas A&M: +140 (bet $10 to win $24 total)

LSU: +165 (bet $10 to win $26.50 total)

Ole Miss: +190 (bet $10 to win $29 total)

Indiana: +210 (bet $10 to win $31 total)

SMU: +230 (bet $10 to win $33 total)

Kansas State: +260 (bet $10 to win $36 total)

After Oregon and Texas sits Ohio State at -700.

The Buckeyes’ odds in this spot moved from -1600 after losing to Oregon in Week 7. While they get a bye in Week 8 and then Nebraska in Week 9, the Buckeyes open their November schedule up with a big test at Penn State.

Speaking of Penn State, the Nittany Lions are fourth on the board at -600, moving from -250 over the last week.

Led by quarterback and Heisman hopeful Drew Allar, Penn State notched its sixth win of the season with a 33-30 comeback over USC.

Oregon beats Ohio State 32-31 in an instant classic

Other notable shifts on this board include Boise State shortening to -105 from +130 and Alabama lengthening to -350 from -500.

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