2022-23 New College Football Playoff Odds: Which Schools are Favored to Win Through Week 1

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Week 1 of the College Football season is officially in the books. We learned about a lot of teams through the first full week of College Football, though largely the favorites remained the same. We can start at the top with the three favorites to start the season. Alabama, Georgia, and Ohio State all won their Week 1 matchups impressively.

Alabama did what everyone expected them to against Utah State at home with a 55-0 win. The Crimson Tide will be tested more this week as they head to Austin to take on the Texas Longhorns on the road. Alabama is still a 20.5-point favorite in that matchup.

Read more about Alabama vs Texas

The defending National Champion Georgia Bulldogs turned a lot of head with their Week 1 performance. While they still entered the season the 3rd favorite to win the National Championship, the Bulldogs had a ton of turnover on their roster from last year’s team. Turns out it didn’t really matter.

Georgia dominated #11 Oregon from the word go and cruised to a 49-3 win in Atlanta over the Ducks and their former defensive coordinator Dan Lanning. Georgia did see their odds shorten to +250 as they jumped Ohio State.

Ohio State had the least dominant win of the three favorites, but it was against the best opponent. Ohio State won a low scoring brawl at home against Notre Dame. Prior to the season, the biggest question for Ohio State was whether or not they’d be able to win tightly contested defensive battles. They did indeed.

Ohio State looked much tougher on both lines in Week 1 against a very good Notre Dame defense and an offensive line with a good amount of pro talent.

Alabama +160Georgia +250Ohio State +300
Clemson +1200USC +1600Texas A&M +3000
Michigan +3500 Oklahoma +5000Miami (FL +8000
Tennessee +10000Oklahoma State +10000Wisconsin +10000
Penn State +10000Texas +10000Florida +10000
Arkansas +12000Notre Dame +12000Kentucky +15000
NC State +15000Mississippi +15000Baylor +15000
Utah +20000South Carolina +20000North Carolina +20000
Michigan State +20000Florida State +20000UCLA +20000
Auburn +20000Minnesota +20000Mississippi State +20000
Washington +20000Pittsburgh +20000Iowa State +25000
Iowa +25000Wake Forest +25000TCU +25000
UCF +25000California +25000Arizona State +30000
Houston +30000Oregon +30000Stanford +30000
Oregon State +30000Indiana +30000Kansas State +30000
Maryland +30000Washington State +30000Virginia +30000
Nebraska +30000Georgia Tech +30000Purdue +40000
Cincinnati +40000SMU +50000West Virginia +50000
LSU +50000Syracuse +50000BYU +50000
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Value Bets for the College Football Playoff

There were definitely some movers in Week 1 in terms of National Championship futures as there always are. Clemson saw their odds drop a little bit after a bad 1st Half against Georgia Tech on Monday night. The Tigers still came away with a 41-10 win.

Their odds to win the title sit at +1200. If you are a Clemson believer, this might be a good time to get them. Their defense is still good enough to beat anyone, and while their offense struggled a bit in the 1st Half they have some time to get things right against what should be a pretty light ACC schedule.

Florida is a team who I think has some value after Week 1. On paper, Utah was the second best team Florida will play with season. The rest of the way, the schedule is a little bit lighter. If they can get by Kentucky this week (which they should at home) they have huge games at Tennessee at the end of September and against Georgia at the end of October. If they can go 1-1 in those games, they have a real chance to finish the season 11-1.

Read more about Kentucky vs Florida

They have an elite quarterback. They have a lot of skill position talent. An 11-1 Florida team likely gets themselves into a playoff spot. At +10000, I don’t think those odds will be getting much more valuable.

College Football Playoff Result

YearNo. 1 SeedNo. 2 SeedNo. 3 SeedNo. 4 SeedChampion
2014-15Alabama Crimson TideOregon DucksFlorida State SeminolesOhio State BuckeyesOhio State Buckeyes
2015-16Clemson TigersAlabama Crimson TideMichigan State SpartansOklahoma SoonersAlabama Crimson Tide
2016-17Alabama Crimson TideClemson TigersOhio State BuckeyesWashington HuskiesClemson Tigers
2017-18Clemson TigersOklahoma SoonersGeorgia BulldogsAlabama Crimson TideAlabama Crimson Tide
2018-19Alabama Crimson TideClemson TigersNotre Dame Fighting IrishOklahoma SoonersClemson Tigers
2019-20LSU TigersOhio State BuckeyesClemson TigersOklahoma SoonersLSU Tigers
2020-21Alabama Crimson TideClemson TigersOhio State BuckeyesNotre Dame Fighting IrishAlabama Crimson Tide
2021-22Alabama Crimson TideMichigan WolverinesGeorgia BulldogsCincinnati BearcatsGeorgia Bulldogs

WRITTEN BY

Matt Rooney

Matt comes from Chicago and has lived in the area his whole life. Graduated from and played football at Illinois Wesleyan University in Bloomington, IL while also serving as the director of student sports broadcasting. He writes for Betsperts as well as appears on several shows across the network.

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