2023 College Football Championship Odds

National Championship Alabama Crimson Tide Georgia Bulldogs
The National Championship Trophy is seen on the field prior to the 2022 CFP National Championship Game between the Alabama Crimson Tide and Georgia Bulldogs. Kevin C. Cox/Getty Images/AFP.

Editor’s note: This article was updated on September 2nd, 2022.

TheRx takes a first look at the college football odds to find out which teams are considered contenders and discuss their chances for a national title.

Below you will find the odds to win the national championship in 2023 for the top college football teams.

TheRx’s Betting Edge

• “Wideout Jermaine Burton, an instrumental part of Georgia’s championship edition last year, will swap jerseys and play for the Tide this season, giving the returning Heisman Trophy-winning quarterback, Bryce Young, another talented target.”

• “Georgia had a mass exodus of players leaving for fame and fortune in the NFL, a record 15 in fact, but there are plenty of uber-talented players salivating at the prospect of taking their places on this year’s squad.”

• “The big story was Jimbo Fisher’s historic recruiting class…. Will all of that talent manifest into a national title at College Station? Well, at odds of +2500, Texas A&M doesn’t look like a bad bet.”

• “Clemson Quarterback DJ Uiagalelei was underwhelming with nine touchdown passes and 10 interceptions as well as a 55.6 completion percentage in 2021.”

Team Odds to Win National Championship

TeamOdds to Win National Championship
Alabama Crimson Tide+190
Ohio State Buckeyes+320
Georgia Bulldogs+350
Clemson Tigers+1200
USC Trojans+2000
Texas A&M Aggies+2500
Notre Dame Fighting Irish+4000
Texas Longhorns+4000
Michigan Wolverines+5000
Oklahoma Sooners+5000

All updated college football odds are courtesy of BetMGM as of August 29th, 2022.


Will Anderson Jr. Alabama Crimson Tide Georgia Bulldogs
Will Anderson Jr. #31 of the Alabama Crimson Tide celebrates the win against the Georgia Bulldogs in the SEC Championship game. Kevin C. Cox/Getty Images/AFP.

1. Alabama Crimson Tide (+190)

• Last Year’s Record: 13-2

• Final Ranking: No. 2 – National Championship – Lost to Georgia

The Tide may have come up just short in winning another national championship during Nick Saban’s reign, bowing 33-18 to Georgia after defeating the Bulldogs a month earlier in the SEC Championship game, but they are the oddsmakers’ choice to take home the hardware this season.

The Tide will welcome back Will Anderson Jr., the 2021 SEC Defensive Player of the Year, who was a defensive destroyer, registering a whopping 17 ½ sacks.

Wideout Jermaine Burton, an instrumental part of Georgia’s championship edition last year, will swap jerseys and play for the Tide this season, giving the returning Heisman Trophy-winning quarterback, Bryce Young, another talented target. Louisville wideout, Tyler Harrell, and Georgia Tech running back, Jahmyr Gibbs, have also transferred and will suit up for the Tide this year as well.


C.J. Stroud Tommy Eichenberg Jaxon Smith-Njigba
(L-R) C.J. Stroud #7, Tommy Eichenberg #35, and Jaxon Smith-Njigba #11 of the Ohio State Buckeyes raise the trophy after defeating the Utah Utes 48-45 in the Rose Bowl Game. Sean M. Haffey/Getty Images/AFP.

2. Ohio State Buckeyes (+320)

• Last Year’s Record: 11-2

• Final Ranking: No. 6 – Rose Bowl – Defeated Utah

Most teams would be thrilled with an 11-2 record and a Rose Bowl victory but Ohio State is not like most teams. The Buckeyes fell to their arch-rivals from Michigan in the last game of the regular season, eliminating them from both the Big Ten title game and CFP contention.

Perhaps the biggest flaw in last year’s OSU team was the defense, not nearly as stout as in previous years. To remedy that, former Oklahoma State defensive coordinator, Jim Knowles, will assume that role in Columbus this season.


Stetson Bennett Georgia Bulldogs Kirby Smart
Stetson Bennett #13 of the Georgia Bulldogs talks with head coach Kirby Smart prior to the game against the Michigan Wolverines. Michael Reaves/Getty Images/AFP.

3. Georgia Bulldogs (+350)

• Last Year’s Record: 14-1

• Final Ranking: No. 1 – National Championship – Defeated Alabama

Kirby Smart and the Georgia Bulldogs sit atop the college football championship mountain but there are a dozen teams capable of pushing them off that perch this season.

Like any college football powerhouse, Georgia had a mass exodus of players leaving for fame and fortune in the NFL, a record 15 in fact, but there are plenty of uber-talented players salivating at the prospect of taking their places on this year’s squad.


D.J. Uiagalelei Clemson Tigers Georgia Tech Yellow Jackets
Quarterback D.J. Uiagalelei #5 of the Clemson Tigers throws the ball against the Georgia Tech Yellow Jackets. Jacob Kupferman/Getty Images/AFP.

4. Clemson Tigers (+1200)

• Last Year’s Record: 10-3

• Final Ranking: No. 14 – Cheez-It-Bowl – Defeated Iowa State

The Clemson Tigers have been a juggernaut in recent years, winning the ACC six years running and landing in the College Football Playoff in each of those seasons. Therefore, last year’s 10-3 record felt more like 3-10 to Tigers fans who were unimpressed with the team’s final victory of the season, a 20-13 win over Iowa State in the Cheez-It Bowl.

Clemson Quarterback DJ Uiagalelei was underwhelming with 9 touchdown passes and 10 interceptions as well as a 55.6 completion percentage in 2021. He won’t be under center for long if he keeps that up as a five-star blue-chip recruit, Cade Klubnik, will be standing at the ready to take his place if he falters.


 USC football head coach Lincoln Riley
A large screen at the Los Angeles Coliseum displays a photo of the new USC football head coach Lincoln Riley. Kevork Djansezian/Getty Images/AFP.

5. USC Trojans (+2000)

• Last Year’s Record: 4-8

• Final Ranking: Unranked – No Bowl

Something major had to have happened for a team that ended with a 4-8 record for suddenly becoming the oddsmakers’ fifth choice in the nation to win the national championship. And it just so happens that something big did happen at USC.

Lincoln Riley took the money and ran from Oklahoma to the sun-splashed climes of Southern California. And with Reilly came his Sooners’ quarterback, Caleb Williams, and one of his favorite primetime targets, Mario Williams.


Head coach Jimbo Fisher Texas A&M Aggies
Head coach Jimbo Fisher of the Texas A&M Aggies calls out to a player. Carmen Mandato/Getty Images/AFP.

6. Texas A&M Aggies (+2500)

• Last Year’s Record: 8-4

• Final Ranking: Unranked – No Bowl (Covid)

Jimbo Fisher normally names his starting quarterback after the team’s final scrimmage of the preseason. But that didn’t happen and although the consensus of opinion is that last year’s starter, Haynes King, will be able to reclaim the starting role after getting injured last season, there is still true freshman Conner Weigman and LSU transfer Max Johnson in the mix.

And while we will know soon enough who will get the glory under center, the big story was Jimbo Fisher’s historic recruiting class that led to his very public feud with Alabama’s Nick Saban about the new era of recruiting vis a vis NILs (names, images, and likenesses). Will all of that talent manifest into a national title at College Station? Well, at odds of +2500, Texas A&M doesn’t look like a bad bet.


Tyler Buchner Notre Dame Fighting Irish
Tyler Buchner #12 of the Notre Dame Fighting Irish runs the ball as Dyontae Johnson #2 of the Toledo Rockets tries to make the stop. Michael Hickey/Getty Images/AFP.

Notre Dame Fighting Irish (+4000)

• Last Year’s Record: 11-2

• Final Ranking: No. 5 – Fiesta Bowl – Lost to Oklahoma

The best sportsbooks don’t appear to be dissuaded from considering the Irish as a top-tier talent even with the sudden departure of head coach Brian Kelly to LSU. But the Notre Dame hiring committee made a smart choice in keeping the reins of the team in-house and tapping last year’s defensive coordinator, Marcus Freeman, to replace the highly respected Kelly.

Sophomore Tyler Buchner will be Notre Dame’s starting quarterback but an enormous game looms to open the season with Ohio State. The Irish are 15-point underdogs and if they get blown out you will see these prevailing +4000 odds plummet.


Head coach Steve Sarkisian Texas Longhorns
Head coach Steve Sarkisian of the Texas Longhorns reacts on the sideline against the Oklahoma Sooners. Tim Warner/Getty Images/AFP.

Texas Longhorns (+4000)

• Last Year’s Record: 5-7

• Final Ranking: Unranked – No Bowl

The Longhorns have been riddled by injuries during the offseason as junior wide receiver Isaiah Neyor and redshirt senior offensive lineman Junior Angilau both suffered season-ending ACL tears. Add to that mash unit senior running back Roschon Johnson, freshman offensive lineman Cole Hutson, and junior defensive back Jahdae Barron all of whom are on the trainer’s table for the foreseeable future.

However, redshirt sophomore quarterback and Ohio State transfer, Quinn Ewers, is healthy and ready to go after head coach Steve Sarkisian named him the starter over fellow sophomore Hudson Card.

“It’s been a great week for me and the team. I feel like once Sark named the starter and whatnot, it got a little easier, for at least me. Obviously, Hudson’s a great quarterback, and I’m excited to still grow off of each other. This week’s been a lot of fun.”


Head coach Brent Venables Oklahoma Sooners
Head coach Brent Venables of the Oklahoma Sooners leads the team in the alma mater after their spring game. Brian Bahr/Getty Images/AFP.

Oklahoma Sooners (+5000)

• Last Year’s Record: 11-2

• Final Ranking: No. 10 – Valero Alamo Bowl – Defeated Oregon

Brent Venables has big shoes to fill in Norman after Lincoln Reilly shocked the college football world and left his cushy gig at Oklahoma for the top job at LSU and the badlands of the SEC. Venables’ assistant coach, Cale Gundy, also took the red-eye out of town when he offered a public mea culpa after admitting to uttering a word he deemed, “shameful and hurtful”.

The question is, how will all of these coaching changes affect the players on the field? And speaking of the players, the Sooners also lost their starting quarterback, Caleb Williams, who rode coach Reilly’s coattails to USC, and last year’s backup, Spencer Rattler, who is now pulling the trigger for South Carolina. UCF transfer, Dillon Gabriel, will be the Sooners’ quarterback this season.


Cade McNamara Michigan Wolverines Georgia Bulldogs
Cade McNamara #12 of the Michigan Wolverines looks to throw the ball against the Georgia Bulldogs. Michael Reaves/Getty Images/AFP.

Michigan Wolverines (+5000)

• Last Year’s Record: 12-2

• Final Ranking: No. 3 – CFP Semifinal – Lost to Georgia

Jim Harbaugh finally brought a conference championship to Ann Arbor and Michigan ended as the No. 3 seed in the CFP. But the postseason was brief as Georgia handled Michigan with ease in the CFP semifinals, 34-11, and Harbaugh got a new four-year pact to remain as the Wolverines’ head coach.

Fortunately, the Wolverines have two stellar options at quarterback, Cade McNamara and J.J. McCarthy, with the former having a slight edge to assume the starting role. However, Harbaugh has intimated a platoon situation could manifest to maximize the strengths both possess.