The 2022-23 college football season wrapped up with Georgia’s 65-7 rout of TCU on Monday night to give the Bulldogs the sport’s first back-to-back championships since Alabama did it after the 2011 and 2012 seasons.
We already have odds for next year’s national championship, and if they’re any indication, Georgia has a chance to do something truly historic: Win a third consecutive title, something not done since Minnesota in 1934-36, never in the national championship game era.
But the Bulldogs are +300 to win it all again at FanDuel Sportsbook. They’re followed by more usual suspects: Alabama at +500 and Ohio State, which nearly knocked off Georgia in the College Football Playoff semifinals this season, at +700.
After that, it gets a little more varied. A College Football Playoff semifinalist from this season, Michigan is fourth at +800. USC, which will return Heisman Trophy-winning quarterback Caleb Williams and was one game away from the playoffs this season, is the fifth team listed at +1200. Then, both at +1200, come Clemson and LSU.
Next year will be the final year of a four-team College Football Playoff; it expands to 12 teams following the 2024 season. Next year’s semifinals will be played at the Sugar Bowl in New Orleans and the Rose Bowl in Pasadena, Calif., with the national championship game slated for NRG Stadium in Houston.
After Clemson and LSU comes a duo at +2000, Florida State and Penn State. Tennessee, Notre Dame and Texas round out the group to have +2500 odds or better — each with the aforementioned 25-1 line. Other interesting odds include Oregon (+3000), as well as this year’s runner-up, TCU, Utah and Oklahoma at +5000.
As for the Heisman Trophy, Williams is the favorite to repeat at +400, followed by a bunch of other quarterbacks. North Carolina’s Drake Maye has the second-best odds at +1000, and he’s followed by Florida State’s Jordan Travis, Oregon’s Bo Nix and Washington’s Michael Penix Jr. at +1200. There are five more QBs with 20-1 or better odds, as well. Notre Dame’s Sam Hartman, who transferred from Wake Forest last week, leads the “best of the rest” with +1800 odds. Next men up in Kyle McCord (Ohio State) Drew Allar (Penn State) and Joe Milton (Tennessee) join the returning LSU starter, Jayden Daniels, at +2000.
Of course, plenty of offseason remains, with the transfer portal still open in January and coaching changes still possible, followed by another opportunity for transfers after spring football. The odds will continue to shift throughout the offseason until preseason camp opens in late July or early August.
2023-24 CFP championship odds
(From FanDuel Sportsbook as of Jan. 10; 300-to-1 and below)
Georgia +300
Alabama +500
Ohio State +700
Michigan +800
USC +1200
Clemson +1800
LSU +1800
Florida State +2000
Penn State +2000
Notre Dame +2500
Tennessee +2500
Texas +2500
Oregon +3000
Washington +4000
Oklahoma +5000
TCU +5000
Utah +5000
North Carolina +8000
Texas A&M +8000
Auburn +10000
Ole Miss +10000
UCLA +10000
Kentucky +12000
Wisconsin +12000
Florida +15000
Iowa +15000
Kansas State +15000
Miami +15000
Minnesota +15000
Mississippi State +15000
Oregon State +15000
Arkansas +20000
Baylor +20000
Louisville +20000
Oklahoma State +20000
South Carolina +20000
UCF +20000
Illinois +25000
Iowa State +25000
Maryland +25000
Michigan State +25000
Missouri +25000
Nebraska +25000
NC State +25000
Pittsburgh +25000
Purdue +25000
Syracuse +25000
Texas Tech +25000
Tulane +25000
West Virginia +25000
Arizona State +30000
Boise State +30000
California +30000
Colorado +30000
Duke +30000
Kansas +30000
Virginia Tech +30000
Wake Forest +30000
