National Championship Odds 2024: Ohio State Chasing Georgia | BetMGM (2024)

Michigan defeated Washington 34-13, winning its first national championship since 1997.The Wolverines’ title was an appropriate end to a chaotic and memorable 2023 season.

Of course, the college football betting community never sleeps, which is why the BetMGM online sportsbook already has futures odds up for next year’s national championship.

Odds To Win National Championship 2024

College Football National Championship Odds: Ohio State Nears Favorite Status

Kyle McCord transferred to Syracuse. Marvin Harrison Jr. has left for the NFL. The Big Ten is breaking up its divisions and welcoming in USC, UCLA, Washington, and Oregon.

That’s a lot of variables to consider for Ohio State. The Buckeyes will have road games at Michigan State, Penn State, and Oregon while breaking in a new starting quarterback and a handful of new playmakers.

None of that seems to matter much for the college football betting community, which is targeting Ohio State at astronomical levels early in the offseason. At BetMGM, about 27% of all championship tickets and 41.4% of all championship handle was behind the Buckeyes, as of April 3.

As a result of the big volume and money, Ohio State has moved from +700 at open to +375 now. That temporarily made the Buckeyes a co-favorite with Georgia.

New from me, for the @betmgm blog:

I wrote about Ohio State’s monster status among futures bettors ahead of the 2024 #cfb season.

Nearly 40% of all money bet in the national championship market is on Ohio State. It’s a staggering number.

— Chase Kiddy (@chaseakiddy) May 15, 2024

Georgia is a popular target in its own right, collecting about 12% of all tickets and 16% of all handle. The Bulldogs just can’t keep up with those crazy, early-cycle Ohio State numbers.

Personally, I think the Georgia ticket makes a lot more sense. Importantly, the Bulldogs return quarterback Carson Beck, who should be an early Heisman odds frontrunner after a quietly efficient 2023 season. Beck threw for 3,941 yards and 24 touchdowns (six INTs) while posting an 86 QBR – the fifth-highest mark in college football last year.

Not bad for a first-year starter.

Life After Saban: What To Expect Next For Alabama Football

The 2024 offseason was hardly underway when the college football landscape was dealt a seismic shift. Nick Saban announced he was retiring, leaving the post he has occupied in Tuscaloosa since 2008.

The news immediately launched hundreds of takes and an international coaching search. Alabama pledged to make a hire within 72 hours, and it did – bringing on Washington coach Kalen DeBoer to replace a living legend. (Washington, in turn, tapped Arizona’s Jedd Fisch.)

Pete Carroll, Bill Belichick, and Nick Saban account for:

-2001 Super Bowl
-2003 National Championship (LSU via BCS)
-2003 National Championship (USC via AP/FWAA)
-2003 Super Bowl
-2004 National Championship*
-2004 Super Bowl
-2005 CFB runner-up*
-2007 NFL runner-up

— Chase Kiddy (@chaseakiddy) January 11, 2024

As much as I like and respect DeBoer, I’m not sure that I’d want the unenviable job of replacing Saban at Alabama. In terms of expectations, that seems like an absolutely impossible job to succeed at. But let’s set that aside for a second and talk about the actual odds.

Just 24 hours after Michigan hoisted the national championship trophy, Alabama was +550 to win next year’s title. With DeBoer firmly installed as the head man in Alabama, the Crimson Tide moved slightly to +800. They’ve since settled down at +1400.

With Texas and Oklahoma entering the conference picture in 2024, and playoff access widening out to 12 teams, there has never been a crazier or more complex time to try to handicap the SEC. The traffic at the top of the conference will be wild and carnage-fueled. It is not crazy to imagine a scenario where four or five SEC teams make the inaugural playoff field of 12.

In DeBoer’s first year, can Alabama successfully navigate post-Saban players entering the portal? Can they survive an even more brutal SEC, make the postseason, then win three or four playoff games?

That seems like a lot to ask for a very rich +1400 price. But DeBoer is an excellent coach, and Alabama will continue to recruit at a high level.

College Football Odds: Finding Value in the 2024 National Championship Market

Every year, there’s a lot of discussion of “value” in this part of the odds table. Here’s a question I field nearly every summer: “Sure, you can bet on Alabama to win another national championship at short odds, but wouldn’t you rather have reigning Big 12 champion Kansas State at 100-to-1?”

Chris Klieman is an excellent coach who I am a huge fan of, and Kansas State may indeed compete for another conference championship next season. But any intrinsic “value” that may exist here is dwarfed by the fairly obvious reality that Kansas State has zero chance of winning a national championship next season.

I call this the Utah rule. A few years ago, Utah was a trendy pick to win the national championship at +7500. Paul Finebaum would bring guests on to talk about the Utes. ESPN Radio loved them. Talking heads would slide them in as their fourth and final playoff pick throughout the summer.

And here’s the thing: Utah nearly won the Pac-12 and made the playoff!

They ultimately choked pretty hard in the conference title game to Oregon and never had a shot at the Final Four. Even if they hadn’t, would Utah really have stood a chance in a four-team playoff against multiple SEC opponents? Or Ohio State? It’s… unlikely.

As a general rule, I don’t bet venture down this far when hunting for futures in the college football championship odds market. I might bet on a dark horse to win its conference or make the playoff, as I did with TCU last season.

But national championships are nearly always won by known goliaths with warehouses full of blue-chip recruits and future NFL players. That’s just the way this sport goes. When it comes to buying a national championship ticket, it’s usually prudent to keep your eyes above the +5000 line.

College Football National Championship Odds: The Longshots

National Championship Odds 2024: Ohio State Chasing Georgia | BetMGM (2024)


National Championship Odds 2024: Ohio State Chasing Georgia | BetMGM? ›

Super Bowl odds at BetMGM currently price the Kansas City Chiefs as +600 betting favorites. The 49ers, who just won the NFC, are second in the table at +650.

Who is favored to win the Super Bowl in 2024? ›

Super Bowl odds at BetMGM currently price the Kansas City Chiefs as +600 betting favorites. The 49ers, who just won the NFC, are second in the table at +650.

What are the odds for the national championship game? ›

Who Has The Best Odds to Win College Football Championship. The Georgia Bulldogs are the favorite to win the College Football National Championship with +300 odds. They are followed by the Ohio State Buckeyes at +480, the Texas Longhorns at +700, and the Oregon Ducks at +850 odds.

What does +200 odds mean? ›

In American sports betting, odds are typically expressed with a plus (+) or minus (–) symbol followed by a number. For example, +200 signifies the amount a bettor could win if wagering $100. If the bet works out, the player would receive a total payout of $300 ($200 profit + $100 initial stake).

How to place a bet on college football? ›

How to sign up at a college football betting site
  1. Begin by choosing where you want to bet. ...
  2. Create an account. ...
  3. Download the app. ...
  4. Add money to your account. ...
  5. Choose your bet. ...
  6. Place your wager.
May 15, 2024

Who is predicted to win the Super Bowl in 2024 ESPN? ›

The San Francisco 49ers might have lost Super Bowl LVIII to the Kansas City Chiefs, but they enter 2024 as the best team in football and favorites to win Super Bowl LIX, according to ESPN's Football Power Index (FPI).

Who is favored to win the 2025 Super Bowl? ›

San Francisco 49ers

How much does $100 win on odds? ›

Decimal odds explained

For example, a $100 bet made at decimal odds of 3.00 would return $300 ($100 x 3.00): $200 in profit and the original $100 amount risked. A $100 bet made at decimal odds of 1.50 would return $150: $50 in profit and the original $100 amount risked.

What does +350 mean in gambling? ›

The “+” sign in front of a number — for example, +350 — means that a bet has been placed on the underdog, and the three digits following that sign indicate the amount paid out if the bet wins and the bettor had wagered $100.

What does +500 odds mean? ›

A +500 bet means you can win $500 with a $100 wager; this is also known as 5-to-1 odds. Meanwhile, a -500 bet means you must wager $500 to win $100 (plus your original wager back).

Is college football hard to bet on? ›

Betting on college football requires you to get comfortable handicapping much bigger spreads than those you'll see in NFL betting. Remember that this doesn't necessarily mean games are less predictable – there's just a much larger skill delta between NCAA teams.

Who has the best offensive line in college football? ›

Ranking the 10 best offensive lines in college football: Oklahoma State beats the blue bloods for No. 1
  1. Oklahoma State Cowboys. (Photo: Getty)
  2. LSU Tigers. (Will Campbell; Photo: Jonathan Bachman, Getty) ...
  3. Georgia Bulldogs. ...
  4. Texas Longhorns. ...
  5. Tennessee Volunteers. ...
  6. Alabama Crimson Tide. ...
  7. Ole Miss Rebels. ...
  8. Missouri Tigers. ...
6 days ago

Can I bet on college teams in my state? ›

A: No, betting on college teams from New York is not allowed. However, you can bet on college basketball games involving out-of-state teams. Q: What types of bets can I place on college basketball? A: You can place a variety of bets, including moneylines, point spreads, over/under totals, and prop bets.

Where is the Super Bowl 2024? ›

Super Bowl LVIII will be played at Allegiant Stadium in Las Vegas, NV on Sunday, February 11, 2024.

Who is the favorite to win the Super Bowl this year? ›

Prediction: Who will win Super Bowl 59? The Kansas City Chiefs (+550) are the favorite to win Super Bowl LIX based on betting markets, followed by: San Francisco 49ers (+600) Baltimore Ravens (+900)

What are the odds the Eagles win the Super Bowl? ›

The Eagles, based on their most recent odds (+1600), have a 5.9% chance of winning the Super Bowl.

Who is predicted to win the World Series in 2024? ›

2024 College World Series Odds
Texas A&M+310
Florida State+550
North Carolina+650
13 more rows
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