Michigan, Georgia, and Alabama Top Favorites To Win 2023-24 College Football National Championship – Odds For Each Team Revealed

The Michigan Wolverines must be asking themselves how they lost to TCU in the CFP on New Year’s Eve. After watching Georgia totally dismantle TCU last night by the tune of 65-7, Wolverines fans are asking the same thing. Despite their second straight loss in the College Football Playoffs, Michigan is once again among the top favorites to win next season’s national championship.

Michigan, Georgia, Bama lead the way

According to Draft Kings, the now two-time defending Georgia Bulldogs will once again open as the favorite to win next season at +275. The Bulldogs will be attempting to be the first team to three-peat since the Minnesota Golden Gophers from 1934-36.

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Right behind the Georgia Bulldogs are the Alabama Crimson Tide. Like Georgia, Alabama will have to replace a top-notch quarterback in Bryce Young. Young, along with Georgia QB Stetson Bennett will both be headed to the NFL Draft this spring. Both QB’s have had great careers and will be hard to replace, yet Vegas odds makers believe the new signal-callers will pick up where their predecessors left behind.

Rounding out the top three are the Michigan Wolverines. Despite all the hype around Jim Harbaugh possibly leaving and their ability to falter in bowl games, Michigan is the third overall favorite to claim the 2024 National Championship at +800.

Below is a look at the odds for each team to win the 2023-24 college football championship.

2023-24 College Football Championship Odds

1. Georgia +275
2. Alabama +500
3. Michigan +800
4. Ohio State +800
5. Clemson +1200
6. USC +1500
7. Tennessee +2000
8. Florida State +2000
9. Texas +2200
10. LSU +2500
11. Penn State +2800
12. Notre Dame +3000
13. Oregon +3000
14. Utah +4000
15. Washington +4000
16. Texas A&M +5000
17. Oklahoma +5000
18. TCU +5000
19. Wisconsin +6000
20. Florida +8000
21. Ole Miss +8000
22. UCLA +10000
23. Kentucky +10000
24. Kansas State +10000
25. North Carolina +10000
26. Oregon State +10000
27. South Carolina +10000
28. Auburn +15000
29. North Carolina State +15000
30. Mississippi State +15000
31. Miami FL +15000
32. Baylor +15000
33. Oklahoma State +20000
34. Minnesota +20000
35. Louisville +20000
36. Nebraska +20000
37. Iowa +20000
38. Arkansas +20000
39. Colorado +20000
40. Pittsburgh +20000
41. Michigan State +20000
42. Texas Tech +20000
43. Boise State +30000
44. Syracuse +30000
45. Iowa State +30000
46. Illinois +30000
47. Cincinnati +30000
48. West Virginia +30000
49. Washington State +30000
50. Arizona State +30000
51. UCF +30000
52. BYU +30000
53. Tulane +30000
54. Houston +30000
55. Arizona +50000
56. Missouri +50000
57. Georgia Tech +50000
58. Duke +50000
59. Air Force +50000
60. Virginia +50000
61. Vanderbilt +50000
62. Wake Forest +50000
63. Virginia Tech +50000
64. San Diego State +50000
65. Maryland +50000
66. Kansas +50000
67. California +50000
68. Appalachian State +100000
69. South Alabama +100000
70. Memphis +100000
71. Toledo +100000
72. SMU +100000
73. Marshall +100000
74. Louisiana-Lafayette +100000
75. Boston College +100000
76. Coastal Carolina +100000
77. Fresno State +100000
78. East Carolina +100000
79. Western Kentucky +100000
80. UTSA +100000
81. Northwestern +100000
82. Stanford +100000
83. Indiana +100000
84. Troy +100000
85. Navy +200000
86. Army West Point +200000
87. UAB +200000
88. Liberty +200000
89. South Florida +300000
90. Tulsa +300000
91. North Texas +300000
92. Wyoming +300000
93. Florida Atlantic +300000
94. Rice +300000
95. San Jose State +300000
96. Georgia Southern +300000
97. Nevada +500000
98. Southern Mississippi +500000
99. UConn +500000
100. Northern Illinois +500000
101. Middle Tennessee +500000
102. Miami OH +500000
103. Colorado State +500000
104. Utah State +500000
105. UNLV +500000
106. Old Dominion +500000
107. Temple +500000
108. Ohio +500000
109. New Mexico State +500000
110. Kent State +500000
111. Georgia State +500000
112. Eastern Michigan +500000
113. Charlotte +500000
114. Buffalo +500000
115. Bowling Green +500000
116. Akron +1000000
117. ULM +1000000
118. New Mexico +1000000
119. Louisiana Tech +1000000
120. FIU +1000000
121. Western Michigan +1000000
122. UTEP +1000000
123. Central Michigan +1000000
124. Ball State +1000000
125. Arkansas State +1000000
126. Massachusetts +1000000
127. Texas State +1000000
128. Hawaii +1000000