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Dan Kilbridge for Bookies.com

By Dan Kilbridge | | 15 mins

2023 CFP Title Odds: Alabama, Georgia Early Co-Favorites

2023 CFP Title Odds: Alabama, Georgia Early Co-Favorites

The Georgia Bulldogs ended a 41-year title drought in spectacular fashion, taking a 33-18 win over Alabama in the National Championship game in Indianapolis.

Kirby Smart’s team was considered the top dog in the country for most of the 2021 season behind a truly elite defense, with Georgia’s college football odds peaking at -220 to win the College Football Playoff after the final week of the regular season.

Bettors who took Georgia -3 to win the title game hit a nice payday at Lucas Oil Stadium, but there was real value to be had back in the summer when the Bulldogs were +600 to win it all on the preseason college football futures board. Let that serve as a reminder that jumping on teams before the season starts is often a good strategy – Georgia beat Clemson in the opener and never looked back, with those +600 odds long gone for the rest of the year.

Futures odds for the 2023 National Championship went live shortly after the confetti fell at Lucas Oil Stadium, with the Tide and Bulldogs staying on top of the college football betting board with equal +200 odds. Here’s a look at 2023 College Football Playoff futures board and a look at the projected top contenders entering next season.

Early Look At 2023 National Championship Odds

Team Odds To Win 2023 CFP Title
Georgia +200
Alabama +200
Ohio State +800
Clemson +1000
Oregon +4000
Texas A&M +4000
Oklahoma +4000
Florida +4000
Michigan +4000
Miami +6000
Penn State +6000
Tennessee +8000
Wisconsin +8000
USC +8000
North Carolina +8000
Notre Dame +8000

Odds via FanDuel and accurate as of publication.

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Georgia

Last Season: 14-1, 8-0 SEC, National Champions

Odds: +200 at FanDuel

Betting outlook: Smart and the entire Bulldogs program deserve a period of celebration and reflection after finally slaying the crimson dragon to go all the way for the first time since 1980. The rest of us can immediately start weighing their 2022 season outlook and chances to repeat.

We know the Bulldogs will have a new quarterback and that’s not necessarily a bad thing. Senior Stetson Bennett deserves a ton of credit for stepping up with a few huge plays in the title game, but overall this passing game was never a big strength.

Georgia is otherwise expected to return roughly nine starters on offense and five on defense, with a solid core in place for another CFP run. The Bulldogs open against Oregon in Atlanta and only play four true road games in 2022 – at South Carolina, Missouri, Mississippi State and Kentucky.

Following the launch of online sports betting in New York on Saturday, new users at FanDuel New York can score a $1,000 risk-free bet to use on college football futures.


Alabama

Last Season: 13-2, 7-1 SEC, CFP Runner-Up

Odds: +200 at FanDuel

Betting outlook: The Tide came close to a fourth national championship in seven years, ultimately falling short against a Bulldogs team that finally got over the hump.

Alabama couldn’t overcome the loss of its top two receivers in the final weeks, with Jameson Williams suffering a knee injury in the first half of the title game. Quarterback Bryce Young will return next season and has a chance to become the first back-to-back Heisman Trophy winner since Ohio State running back Archie Griffin in 1974-75.

Nick Saban’s crew is expected to return six starters on offense and seven on defense, while adding key pieces like All-American cornerback and LSU transfer Eli Ricks. Tide get Auburn at home in the Iron Bowl but have tough road games at Texas, Arkansas, LSU and Ole Miss.

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Ohio State

Last Season: 11-2, 8-1 Big Ten

Odds: +800 at FanDuel

Betting outlook: The Buckeyes missed out on the CFP for first time in three years thanks to an upset loss at Michigan in the final week of the season. Otherwise Ohio State looked poised to contend for a national championship for most of the season behind freshman quarterback C.J. Stroud, who finished fourth in 2021 Heisman voting.

Ohio State will lose big playmakers in wideouts Garrett Wilson and Chris Olave, but Stroud and running back TreVeyon Henderson are back along with a projected six offensive starters. Incoming pieces should help out defensively, but the Buckeyes’ schedule is way tougher than it was in 2021. Ohio State opens against Notre Dame and has Big Ten road games at Michigan State and Penn State, along with home games against Iowa, Wisconsin and Michigan.

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Clemson

Last Season: 10-3, 6-2 ACC

Odds: +1000 at FanDuel

Betting outlook: The Tigers round out a clear-cut top four from sportsbooks and oddsmakers, listed behind Ohio State at +1000. Oregon, Texas A&M, Oklahoma, Florida and Michigan are next way down at +4000, so betting sites have clearly taken a stance on their projected top four CFP teams.

Quarterback D.J. Uiagalelei should make improvements after a rough first season as starter, and overall the Tigers are expected to return all 11 starters on offense. That offense wasn’t great, mind you, but it took a big step forward in the final month of the season.

Clemson’s biggest strength is always its schedule – futures betting is all about getting to the CFP first, and the Tigers have a great shot to do that again in 2022 with two potentially tough games at Notre Dame and at Wake Forest. Otherwise, the Tigers should roll through the ACC like they have in year’s past.

About the Author

Dan Kilbridge for Bookies.com
Dan Kilbridge
Handicapper Dan Kilbridge writes about college football, MLB and other sports for Bookies.com after spending three years covering Tiger Woods’ comeback and the PGA for Golfweek.