2023 College Football Playoff National Championship Odds updated ahead of Week 5

On3 imageby:Nick Kosko09/25/23


J.D.'s CFP Rankings After Week 4

The 2023 College Football Playoff national championship odds were updated ahead of Week 5 of the season.

The usual suspects are at the top of the list following a weekend full of ranked games. However, not too much movement in the polls, thus not too much movement in the odds. But, we could get plenty of contenders each week.

Here are the latest national title odds throughout college football, courtesy of FanDuel.

Georgia (+200)

(Dale Zanine-USA TODAY Sports)

The Bulldogs remained the top team in the country and still have the shortest odds in college football. Carson Beck is starting to find his groove on offense and Brock Bowers is still dominant.

It’ll all come down to Georgia’s defense containing the rest of the SEC as the schedule rolls on. But so far, this is a tough nut to crack.

Michigan (+600)

(Rick Osentoski-USA TODAY Sports)

Despite a weak non-conference schedule and a weird first Big Ten game, Michigan is the second best team in the country and has the second shortest odds. The good news? Jim Harbaugh is back.

The head coach returned from his suspension and there’s no question it’s a better team with him active on game day. Michigan beat Rutgers 31-7 after giving up an early touchdown and struggled offensively.

Florida State (+800)

(Ken Ruinard-USA TODAY Sports)

Florida State is still one of the favorites in college football after a road win at Clemson. Regardless of how the Tigers played through four games, that was a good win.

Jordan Travis, Keon Coleman and Johnny Wilson. Good luck stopping that trio in the passing game. The Seminoles are clearly the ACC’s best.

Ohio State (+800)

(Kyle Robertson/Columbus Dispatch / USA TODAY NETWORK)

The Buckeyes’ odds could’ve dropped way down this list if they lost to Notre Dame. In fact, you’ll see where the Fighting Irish fell in a minute.

It was a gutsy win for Ohio State; a tough physical win. Kyle McCord engineered some nice throws on the final drive and the Buckeyes basically had a walk off touchdown in South Bend.

Texas (+800)

(Ricardo B. Brazziell/American-Statesman / USA TODAY NETWORK)

Texas is still undefeated but it’s a little quieter after the win over Alabama. Remember that? Just two weeks ago?

Quinn Ewers and the offense are solid, that’s putting it lightly. The Longhorns have the same odds as Ohio State currently but are likely a bigger favorite in the Big 12 than the Buckeyes are in the Big Ten.

Penn State (+1,500)

(Matthew O’Haren-USA TODAY Sports)

The Nittany Lions wanted nothing to do with the Iowa Hawkeyes, shutting them out 31-0. Penn State separated itself from the next tier with this win and is on par with Michigan and Ohio State.

However, they are more of a longshot right now. In any other conference, this might be the best team. Heck, the Nittany Lions are a borderline top five team in the conference, but are No. 3 in the Big Ten.

USC (+1,600)

(Rob Schumacher-Arizona Republic)

USC finally played a road game and came away with a win over Arizona State. Lincoln Riley wants his team to be more prepared for road contests moving forward.

The offense is fine, don’t worry. But the defense is going to have to improve against the top teams in the Pac-12. Sound familiar, Trojan fans?

Washington (+1,800)

(Joe Nicholson-USA TODAY Sports)

Michael Penix Jr. is an absolute stud and he hasn’t slowed down since he came to Washington. The Huskies are going to go as far as he takes him at this point.

However, to get to the top, you have to beat the best teams in front you. Washington has Oregon, USC and Utah on the schedule later this year.

Next set of contenders

Oregon (+2,000)
Oklahoma (+3,000)
Notre Dame (+4,000)
Alabama (+4,000)
LSU (+,5000)
Utah (+6,000)
Miami (+7,000)
Washington State (+12,000)
Duke (+15,000)
Kansas (+15,000)
Tennessee (+20,000)
Florida (+20,000)
Kentucky (+20,000)
Texas A&M (+20,000)
Missouri (+20,000)

We are now a third of the way through the season. Time flies when you’re having fun right? As conference play rolls on, it could very well eliminate a lot of contenders in the final year of a four-team playoff.