The Ohio State Buckeyes (+525 at BetMGM) are looking to defend their national championship, but it's the Texas Longhorns at +500 who are the favorites to win the College Football Playoff at BetMGM sportsbooks.
Arch Manning is the favorite to win the Heisman Trophy, and expectations are high in Austin for Steve Sarkisian's team — one that is coming off of a playoff appearance last season. Georgia and Penn State have the next-best odds at +700, which represent the best odds for Penn State to win a national championship since at least 2001, according to Sports Odds History.
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We've already seen some big futures wagers as well, with one BetMGM bettor in Arizona waging $615,000 across three teams to win the title.
Where does your favorite team stack up in terms of national championship odds?
Glad you asked, since we took the time to organize them in descending order and alphabetically for your enjoyment.
Here are the odds for every college football team listed at BetMGM to win this year's College Football Playoff.
Texas: +500
Ohio State: +525
Georgia, Penn State: +700
Oregon, Clemson: +900
Alabama, Notre Dame: 12-1
LSU: 15-1
Ole Miss, Michigan: 25-1
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Florida: 28-1
Texas A&M, Miami (FL): 30-1
Tennessee, South Carolina: 40-1
Oklahoma: 50-1
Auburn: 66-1
Arizona State, Louisville, SMU: 80-1
100-1
Florida State, Indiana, Nebraska, Texas Tech, USC
125-1
Baylor, Georgia Tech, Kansas, Kansas State, Missouri, North Carolina, Utah
150-1
BYU, Iowa, Iowa State, Michigan State, TCU, Tulane, Wisconsin
200-1
Arkansas, Duke, Kentucky, Minnesota, UNLV, West Virginia
250-1
Boise State, Cincinnati, Colorado, Houston, Oklahoma State, Pitt
300-1
Memphis, NC State, Texas State
500-1
Arizona, Cal, Louisiana, Maryland, UCF, UCLA, Vanderbilt
1000-1
Air Force, Appalachian State, Arkansas State, Ball State, Bowling Green, Central Michigan, Charlotte, Coastal Carolina, Colorado State, Connecticut, East Carolina, Eastern Michigan, FAU, FIU, Fresno State, Georgia Southern, Georgia State, Hawaii, Jacksonville State, Kennesaw State, Kent State, UL Monroe, Louisiana Tech, Marshall, Middle Tennessee State, Miami (OH), Mississippi State, Navy, New Mexico, New Mexico State, Nevada, North Texas, Ohio, Oregon State, Purdue, Rice, Sam Houston State, San Diego State, San Jose State, South Alabama, Southern Miss, South Florida, Stanford, Temple, Toledo, Troy, Tulsa, Utah State, UTEP, UTSA, Wake Forest, Washington State, Western Kentucky, Western Michigan, Wyoming