Updated College Football Playoff National Championship odds released after Week 8

After a wild Week 8, Vegas Insider has released its updated College Football Playoff National Championship odds. Three previously unbeaten teams —  Ole Miss, Syracuse and UCLA — all suffered their first loss, resulting in some movement outside of the top contenders.

The top six remain the same for the odds makers at Vegas Insider, though their specific odds have been altered after their performances this weekend. Ohio State is the leader after a dominant 54-10 victory against Iowa this past week to improve to 7-0.

Alabama saw its odds increase after bouncing back from a Week 7 loss to Tennessee with a 30-6 victory against Mississippi State. Meanwhile, Clemson narrowly escaped Syracuse 27-21 to remain unbeaten, resulting in a decrease to its odds.

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Georgia and Michigan were both on byes this week and did not see their odds change. Below are the top 16 teams with the best odds to win the College Football Playoff, according to Vegas Insider.

Vegas Insider College Football Playoff championship odds

Ohio State: +178
Georgia: +192
Alabama: +358
Clemson: +1500
Michigan: +1580
Tennessee: +1660
Oregon: +4000
TCU: +6120
USC: +6120
Oklahoma State: +8700
North Carolina: +15100
Ole Miss: +18000
Penn State: +18000
UCLA: +24000
Wake Forest: +25000
Illinois: +32000

Oregon is the second one-loss team listed after Alabama, seeing its odds rise from +6000 to +4000 after beating previously undefeated UCLA behind five touchdowns from Bo Nix. The Ducks even jumped TCU, which is undefeated and surprisingly saw its odds drop after a win against Kansas State.

Ole Miss took a big hit with its loss to LSU, and has a tough road ahead with a matchup against Alabama still looming. The winner of that game could play a major role in determining who represents the SEC West in the conference championship.

USC, Oklahoma State, North Carolina, Penn State, UCLA, Wake Forest and Illinois round out the rest of the one-loss teams still vying for a chance to make the Playoff.