It was an exciting weekend of college football.
Saturday delivered everything fans could hope for in the conference title game: an unexpected upset, a team that built a solid lead, and just enough nail-biting action that kept everyone on the edge of their seats.
The excitement didn’t stop there—it continued into Sunday when the College Football Playoff lineup was unveiled. The big news? Miami and Alabama made the cut, while Notre Dame didn’t receive a spot.
In the upcoming weeks, we’ll hear plenty from their fans, but more significantly, twelve teams will compete at a high level from late December into January.
Here are the odds for all teams vying for the College Football Playoff Championship.
2025 College Football Playoff Championship Odds
| Team | Odds |
|---|---|
| Ohio | +250 |
| Indiana | +260 |
| Georgia | +550 |
| Texas Tech University | +850 |
| Oregon | +850 |
| Texas A&M | 14/1 |
| Alabama | January 22nd |
| Ole Miss | January 22nd |
| Miami | January 27th |
| Oklahoma | 50/1 |
| James Madison | 350/1 |
| Tulane | 600/1 |
Despite a loss to Indiana in the Big Ten title game, Ohio State is still favored to win the national championship at +220. Meanwhile, Indiana secured the top seed in the playoff and has the second-best odds at +320.
Before the berths were announced, Notre Dame was tied with Georgia for the third-best odds at +700. Now, Georgia’s odds have shifted to +550.
Texas Tech and Oregon State follow closely, both earning +850 odds for the national championship trophy.
College Football Playoff First Round Odds
No. 12 James Madison vs. No. 5 Oregon (-21.5)
James Madison secured their playoff berth by winning the Sun Belt Championship Game against Troy, concluding the season with a 12-1 record.
Oregon State, on the other hand, achieved six consecutive victories, including a solid 15-point win over USC and a 12-point triumph on the road at Washington.
The winner of this matchup will advance to face Big 12 champion No. 4 Texas Tech in the quarterfinals.
No. 9 Alabama (-1.5) vs. No. 8 Oklahoma State
Fans of Alabama have reason to celebrate, as they made the playoffs despite a loss in the SEC Championship Game, finishing 10-3. Oklahoma, with a record of 10-2, also defeated Alabama in a road game shortly after taking down Tennessee.
Even with Oklahoma’s home advantage and their previous victory, Alabama retains a slight edge in the first round.
The winner will go on to face No. 1 Indiana in the quarterfinals.
No. 11 Tulane vs. No. 6 Ole Miss (-17.5)
Tulane ended the season with an impressive 11-2 record, clinching the American Conference Championship. Earlier against Ole Miss, however, they suffered a heavy defeat, which explains the wide point spread this time around.
Ole Miss finished at 11-1, with their only blemish being a loss to Georgia. While Lane Kiffin won’t be at the helm for this matchup, a win could set the stage for a rematch with Georgia in the quarterfinals.
No. 10 Miami vs. No. 7 Texas A&M (-5.5)
The Miami Hurricanes edged out Notre Dame during the season opener and earned a slot in the playoffs, finishing with a respectable 10-2 record.
Texas A&M had a strong season until a recent slip-up against Texas State, concluding at 11-1 with several road victories over notable opponents like Notre Dame and LSU.
The winner of this game will face second-place Ohio State in the next round.
First Round Bye
Indiana, Ohio State, Georgia, Texas Tech.
