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College Football Championship Odds: Ohio State Is the Favorite at +400

2026 NCAAF Championship

Ohio State is favored to win the college football championship at +400 on DraftKings on October 13, 2026, ahead of Notre Dame at +475 and Georgia at +490. The Buckeyes were +520 when we read the same board on September 24.

These college football championship odds are DraftKings prices as ESPN lists them, read on October 13, 2026 at 08:08 UTC, and the board carries 69 teams. The title game is on Monday, January 25, 2027 at 7:30 pm ET at Allegiant Stadium in Las Vegas.

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College football championship odds for all 69 teams

TeamConferenceOddsImplied chanceMargin removedSept. 24 oddsAP rankRecord
Ohio StateBig Ten+40020.0%16.5%+52045-1
Notre DameIndependent+47517.4%14.3%+65026-0
GeorgiaSEC+49016.9%14.0%+65016-0
MiamiACC+68012.8%10.6%+85035-0
TexasSEC+90010.0%8.2%+62074-1
AlabamaSEC+9509.5%7.9%+250065-1
IndianaBig Ten+10508.7%7.2%+95056-0
Ole MissSEC+26003.7%3.1%+150094-1
LSUSEC+35002.8%2.3%+1600224-2
OklahomaSEC+60001.6%1.4%+74003-2
UtahBig 12+68001.4%1.2%+9000115-0
OregonBig Ten+70001.4%1.2%+22003-2
Texas TechBig 12+72001.4%1.1%+3200105-0
FloridaSEC+76001.3%1.1%+40004-2
BYUBig 12+80001.2%1.0%+900085-0
UCLABig Ten+84001.2%1.0%+40000125-0
MissouriSEC+90001.1%0.9%+12500135-1
TennesseeSEC+100001.0%0.8%+5500145-1
NebraskaBig Ten+120000.8%0.7%+600005-1
USCBig Ten+130000.8%0.6%+3300196-1
IowaBig Ten+180000.6%0.5%+12000175-1
HoustonBig 12+190000.5%0.4%+25000205-1
Mississippi StateSEC+220000.5%0.4%+9400164-1
KentuckySEC+220000.5%0.4%+80000155-1
Oklahoma StateBig 12+250000.4%0.3%+55000184-1
Wake ForestACC+300000.3%0.3%+150000215-1
SMUACC+400000.2%0.2%+25000244-1
NorthwesternBig Ten+500000.2%0.2%+120000254-1
WisconsinBig Ten+500000.2%0.2%+1000004-1
ArizonaBig 12+600000.2%0.1%+600005-1
Boise StatePac-12+600000.2%0.1%+60000235-1
BaylorBig 12+750000.1%0.1%+1000004-1
DukeACC+800000.1%0.1%+800004-1
LouisvilleACC+1000000.1%0.1%+110003-3
MichiganBig Ten+1000000.1%0.1%+94003-2
MinnesotaBig Ten+1000000.1%0.1%+1200004-2
PittsburghACC+1000000.1%0.1%+400005-1
James MadisonSun Belt+1000000.1%0.1%+1000006-0
Virginia TechACC+1000000.1%0.1%+300004-2
North Dakota StateMountain West+1000000.1%0.1%+800005-1
Arizona StateBig 12+1100000.1%0.1%+550003-2
VirginiaACC+1100000.1%0.1%+450004-2
AuburnSEC+1200000.1%0.1%+350003-2
MemphisAmerican+1200000.1%0.1%+1200005-1
Kansas StateBig 12+1500000.1%0.1%+350003-2
Florida StateACC+1500000.1%0.1%+1500003-3
North CarolinaACC+1500000.1%0.1%+1200003-2
New MexicoMountain West+1500000.1%0.1%+1200004-1
ClemsonACC+1500000.1%0.1%+1000003-2
CincinnatiBig 12+1500000.1%0.1%+1500004-1
Iowa StateBig 12+2000000.1%0.0%+1200003-3
Oregon StatePac-12+2000000.1%0.0%+2000004-2
UCFBig 12+2000000.1%0.0%+1500003-3
KansasBig 12+2000000.1%0.0%+1200002-3
UTSAAmerican+2000000.1%0.0%+2000005-1
South FloridaAmerican+2500000.0%0.0%+1200004-2
NC StateACC+2500000.0%0.0%+1500003-3
TCUBig 12+2500000.0%0.0%+800002-3
Georgia TechACC+3000000.0%0.0%+1500002-3
Air ForceMountain West+3000000.0%0.0%+3000004-1
Florida AtlanticAmerican+3000000.0%0.0%+3000004-1
LibertyConference USA+3000000.0%0.0%+2000005-1
NavyAmerican+3000000.0%0.0%+1200002-3
UNLVMountain West+3000000.0%0.0%+3000004-2
CaliforniaACC+3500000.0%0.0%+1200003-3
ColoradoBig 12+3500000.0%0.0%+1500002-3
East CarolinaAmerican+4000000.0%0.0%+4000003-2
Georgia StateSun Belt+4000000.0%0.0%+5000004-1
PurdueBig Ten+4000000.0%0.0%+4000003-3

A +400 price pays $400 on a $100 stake, so the bet only breaks even if Ohio State wins the title one season in five. That 20.0% is the implied chance. Add up all 69 and the board comes to 121.2%, which leaves the book 21.2 points above the 100% a fair board would total. The “margin removed” column scales every team down by that 121.2.

Counted that way the three shortest prices hold 44.8% of the title. Fifty-two of the 69 teams are priced at +10000 or longer, and the board ends with East Carolina, Georgia State and Purdue at +400000 each.

Nine teams on the board have not lost, and the favorite is not one of them: Ohio State is 5-1. The longest-priced unbeaten team is James Madison, 6-0 and +100000. AP rank is from the poll of October 11, all 25 ranked teams have a price, and each record is ESPN’s as of October 13.

What has moved since September 24

TeamSept. 24 oddsOdds nowImplied chance thenImplied chance nowChange in points
Alabama+2500+9503.8%9.5%+5.7
Notre Dame+650+47513.3%17.4%+4.1
Ohio State+520+40016.1%20.0%+3.9
Georgia+650+49013.3%16.9%+3.6
Miami+850+68010.5%12.8%+2.3
Michigan+9400+1000001.1%0.1%-1.0
Florida+4000+76002.4%1.3%-1.1
Texas Tech+3200+72003.0%1.4%-1.7
USC+3300+130002.9%0.8%-2.2
Ole Miss+1500+26006.2%3.7%-2.5
Oregon+2200+70004.3%1.4%-2.9
LSU+1600+35005.9%2.8%-3.1
Texas+620+90013.9%10.0%-3.9

The table lists the 13 teams whose implied chance has moved by a full point or more in 19 days. Across the whole board 20 teams are shorter than they were, 35 are longer and 14 have the same price.

The top of the board got more expensive together. Ohio State, Notre Dame, Georgia and Miami added up to 53.3% of implied chance on September 24 and add up to 67.2% now. Alabama gained the most of anyone, 5.7 points, in going from 10th on the board to sixth.

Texas paid for most of that. The Longhorns were the second choice at +620 and are fifth at +900, after dropping from first to seventh in the AP poll in one week. LSU, Oregon and Ole Miss each lost between 2.5 and 3.1 points.

Further down, UCLA went from +40000 to +8400 at 5-0, and Nebraska from +60000 to +12000 at 5-1. Michigan went the other way, from +9400 to +100000 with a 3-2 record, and Louisville from +11000 to +100000 at 3-3.

The board is also shorter. Of the 106 teams priced on September 24, 37 have no price today. The two shortest of the 37 were Penn State at +5500 and Texas A&M at +6000, and both are 3-3. With fewer long shots listed the margin came down too, from 27.1 points to 21.2.

The title board by conference

ConferenceTeams pricedIn the AP top 25Share of the title, margin removedShortest price
SEC12940.4%Georgia +490
Big Ten12628.1%Ohio State +400
Independent1114.3%Notre Dame +475
ACC14311.7%Miami +680
Big 121554.7%Utah +6800
Pac-12210.2%Boise State +60000
Mountain West400.2%North Dakota State +100000
American600.2%Memphis +120000
Sun Belt200.1%James Madison +100000
Conference USA100.0%Liberty +300000

Conference is the one ESPN lists for each team this season, and the share column adds up the margin-removed chances of its teams. The SEC’s 12 priced teams hold 40.4% of the title and the Big Ten’s 12 hold 28.1%.

Notre Dame, an independent, holds 14.3% alone. That is more than the 14 ACC teams together (11.7%), and three times the 15 Big 12 teams (4.7%). The Big 12 has three unbeaten teams ranked in the top 11, Utah, Texas Tech and BYU, and its shortest price is Utah’s +6800.

The other five conferences have 15 teams on the board and 0.7% of the title between them. Boise State at +60000 is the shortest of the 15. How these teams would be seeded into the 12-team bracket today, with the prices to reach the semifinals and the final, is on our College Football Playoff odds and predictions page.

Saturday’s games for the seven shortest prices

All seven teams priced shorter than +2000 play on Saturday, October 17, and two of them meet. Ohio State is favored by 3.5 at Indiana at 12 pm ET: the favorite on this board against the seventh price, which is also last season’s champion and 6-0.

Four of the other five are favored by ten or more. Texas is -10.5 at home against Florida (Florida at Texas prediction), Georgia is -20.5 against Auburn (Auburn at Georgia prediction), and Miami is -21 against Florida State. Notre Dame is favored by 10 at BYU, which is 5-0.

Alabama has the smallest spread of the five, -8.5 at Tennessee, which is 14th in the AP poll (Alabama at Tennessee prediction). Spreads are DraftKings lines as ESPN lists them, read on October 13 at 08:08 UTC.

Past champions and their prices today

Title gameChampionOdds today
2026Indiana+1050
2025Ohio State+400
2024Michigan+100000
2023Georgia+490
2022Georgia+490
2021Alabama+950
2020LSU+3500
2019Clemson+150000
2018Alabama+950
2017Clemson+150000
2016Alabama+950
2015Ohio State+400

The list of champions is the College Football Playoff’s own, read from its site on September 24, and the last column is each program’s price on today’s board. Twelve title games have produced seven champions. Alabama has won three, and Ohio State, Georgia and Clemson two each.

Indiana won the 2026 game and is +1050 to do it again. Four of the seven champions are among the seven shortest prices: Ohio State, Georgia, Alabama and Indiana. The other three are LSU at +3500, Michigan at +100000 and Clemson at +150000.

What the price asks of a title bet

A futures bet on the championship pays over time only if the team wins more often than its price implies. For Ohio State at +400 that means more than 20.0% of the time, for Notre Dame at +475 more than 17.4%, and for Georgia at +490 more than 16.9%. Those three add up to 54.3% before any of the other 66 teams is counted, which is the 21.2-point margin showing up at the top of the board. The stake is also tied up until January 25.

We make no title pick: a season-long bet is not something we have a tested method for. Our calls are on single games, where a spread can be checked against a result on Saturday night.

How the market works is in our national championship betting guide, and the player award is on the Heisman Trophy odds page. Game-by-game calls are on the college football predictions hub. Paid picks from other handicappers are on the PicksToday handicappers page.