2023 College Football Playoff National Championship Odds updated ahead of Week 11

The latest odds are in for the College Football Playoff national championship and there eight clear contenders still in the running.

Of course, there are others. But with the CFP rankings in effect, it really thins the heard when it comes to who still has a shot to win it all. So get ready to place your bets.

Let’s dive into the latest odds to win the College Football Playoff national championship, courtesy of FanDuel.

Michigan (+230)

Michigan has the shortest odds now following its blowout win over the weekend. The spanking of Purdue wasn’t anything new since the Wolverines have been doing this all year.

Until there’s some resolution to the whole situation, there will be discussion about the sign stealing allegations. Staffer Conner Stalions was fired, but unless you’re Michigan, that’s enough right now.

Georgia (+250)

It almost seems like fate that we’ll get Michigan vs. Georgia in the national championship when it’s all said and done. That’s at least based on the current odds (and well, the odds pretty much all year).

The Bulldogs defeated Missouri, which was everyone’s one-loss darling going into the weekend. However, Georgia showed why it’s the SECs current best.

Florida State (+600)

Florida State has the best odds outside of Georgia and Michigan since it is still undefeated and plays in the ACC. Now, nothing against the ACC, but FSU is by far and away the best team in the conference.

Basically, the Seminoles have the clearest path out of the top teams on this list. Jordan Travis is in Heisman contention and could bring this team a title before it’s all said and done. Just keep winning, just keep winning, winning, winning.

Ohio State (+750)

The Buckeyes struggled a bit but eventually pulled away against Rutgers on the road. Ohio State is still undefeated, but the odds indicate Michigan is the better team and more likely to win it all this season.

However, we’ll have to wait until Ohio State heads to Ann Arbor to end the regular season. That could be a de facto CFP elimination game with two undefeated squads. It’s going to stink for the team who finishes 11-1, likely out of the top four.

Alabama (+800)

Alabama was an afterthought after the Crimson Tide lost to Texas earlier this year. Well since then, Alabama hasn’t lost and is undefeated in SEC play. Barring disaster, Alabama will go back to the conference title game. Plus, the Crimson Tide have shorter odds than Texas at this point.

But Alabama knows what it has to do to return to the playoff. The team has to win out and needs a win over Georgia on the other side of the conference. Doing so would almost assuredly get the Crimson Tide in. But it gets dicey if other teams run the table.

Oregon (+1,000)

Oregon is like a runaway freight train right now. You almost forget that this team lost to Washington by a close margin. However, the Ducks have no margin for error with that one loss on the record.

No two-loss team has ever made the College Football Playoff. So a defeat anywhere for Oregon eliminates the Ducks from this conversation. What’s funny is, a one-loss Oregon team as Pac-12 champions might look better than a one-loss Washington championship team when it is all said and done. The odds think so.

Washington (+1,200)

The Huskies are, wait for it, undefeated. The team has a solid resume with its biggest win coming over Oregon. That could be a Pac-12 title game rematch as well. Oregon has shorter odds, but the teams are neck and neck.

But like Florida State, one loss could kill the Huskies’ playoff hopes. The good news? Michael Penix Jr. is one of the Heisman Trophy favorites so as long as he’s firing, Washington is in good shape.

Texas (+1,600)

Texas is also in that one loss boat but you gotta hand it to the Longhorns right now. Maalik Murphy has filled in nicely for Quinn Ewers at quarterback, but objectively speaking, this team is much better with Ewers under center.

Even still, Texas is squarely the Big 12 favorite moving forward with Oklahoma losing its second game. But again, no margin for error for this one loss team. Careful placing your money on this team.

Rest of the contenders

Penn State (+10,000)
Louisville (+15,000)
Oklahoma (+25,000)
Ole Miss (+40,000)
Missouri (+100,000)
North Carolina (+100,000)
Oregon State (+100,000)
Tennessee (+100,000)
Liberty (+100,000)
Utah (+100,000)
Kansas (+100,000)
Iowa (+100,000)
Oklahoma State (+100,000)

Once you get down the list, these are almost there because it’s a courtesy bet (and free money for FanDuel). The ones like Penn State and Louisville, who still have one loss, might have the slightest outside chance.