College Football Championship Odds: Favorites to Win the CFP

This page tracks CFP National Championship odds for the 2027 College Football Playoff National Championship, covering the 2026 college football season. There are 138 teams priced right now, and Ohio State sits on top at +600, which works out to an implied probability of 14.3%. Notre Dame is next in line at +750.

Prices below come from 4 sportsbooks, including BetMGM, DraftKings, Caesars, FanDuel, and were last updated September 8, 2026. Use this page to see where the market stands before placing a futures bet, since a shift of a few points on a season-long price can change what a winning ticket pays.

2027 College Football Playoff National Championship Odds by Sportsbook

Reading the Board: Implied Probability and Best Price

Every price on this board converts to an implied probability, which is the market’s estimate of how likely a team is to win the 2027 College Football Playoff National Championship. A shorter price means the market expects that team to win more often, a longer price means the opposite. Reading the odds this way makes it easier to judge whether a number looks fair or whether another team on the board offers more value for the same risk.

Because CFP National Championship is offered at BetMGM, DraftKings, Caesars, FanDuel, the same team can carry different prices at different books on the same day. Shopping across 4 books before betting is not optional if the goal is the best return. On a futures bet held for months, even a small gap in price compounds into a meaningfully different payout if that team wins.

Timing the Bet: Early Value, Hedging, and Longshots

CFP National Championship prices move throughout the 2026 college football season as teams play games, rosters change, and results pile up. Betting early can lock in a longer price on a team before the market catches up to good form, but it also means carrying that risk longer with less information. Betting later gives more certainty about a team’s form but usually comes with a shorter, less generous price.

Bettors holding a futures ticket can also look at hedging once a team advances deep into the field, betting against their own ticket at a later stage to guarantee a return regardless of the outcome. At the other end of the board, longshots like Wyoming at +500000 pay well precisely because the market rates them unlikely, so they work best as small stakes rather than the core of a strategy.

What Moves This Market and How to Read It

CFP National Championship prices react to game results, injuries, coaching changes, and how a team’s remaining schedule looks compared to the rest of the field. A team that keeps winning against ranked opponents will see its price shorten, while a loss or an injury to a key player usually pushes it the other way. None of this happens in isolation, since one team’s price moving affects the implied probability of every other team on the board.

Tracking moves like this shows where the market’s confidence is shifting in real time, which is useful for deciding whether to bet now or wait for a clearer signal.