2022-23 New College Football Playoff Odds: Which Schools are Favored to Win Through Week 2

Were two weeks into the College Football season and while the Top 3 teams remained the same, we had some a major shakeup in the Top 10 with a pair of teams losing. Alabama, Georgia, and Ohio State still remain the top 3 favorites to win the make the College Football Playoff and win the National Championship.

Thanks to home losses to unranked Marshall & Appalachian State, Notre Dame & Texas A&M saw their odds get incredibly longer. Michigan and USC saw their odds shorten long with Tennessee, while Clemson also remained the 4th favorite. This week’s slate looks a little lighter, but it’s often weeks like this that see the biggest upsets.

#1 Georgia vs South Carolina Game Preview

For the first time this season, Alabama no longer has the shortest odds to win the National Championship. After a narrow 20-19 win at Texas while #1 Georgia beat Samford 33-0, the odds shifted depending where you look. Prior to Week 2, Alabama was the unanimous favorite to win it all, while now depending on where you look the Georgia Bulldogs own the shortest odds. After an easy win at home over Arkansas State, the Ohio State Buckeyes sit comfortably as the 3rd favorite.

Heading into Week 2, the Texas A&M Aggies held the 6th shortest odds to win the College Football Playoff National Championship at +3000 and Notre Dame had the 17th shortest odds at +12000. Both teams suffered stunning losses at home to unranked, yet very competitive, Sun Belt opponents. Appalachian State beat then #6 Texas A&M 17-14 and Marshall beat then #8 Notre Dame 26-21.

Read more about #13 Miami vs #24 Texas A&M

Texas A&M now owns odds of +15000, good for the 17th shortest while Notre Dame’s odds plummeted to +100000 after suffering their second loss.

FanDuel Promo Code

Bet $5, Get $200 + 3 Weeks of NFL Sunday Ticket

Claim Now

Value Bets for the College Football Playoff

Not a whole lot of value this week compared to last week, but one team’s odds that I do like is Michigan. While it isn’t always the case, Michigan plays a VERY light schedule this season. They have one non-conference game against a very bad UConn team after starting 2-0 against Colorado State and Hawaii. Their conference schedule isn’t all that bad either. They get both Penn State and Michigan State at home, and the avoid arguably the three best teams in the Big Ten West all together in Wisconsin, Minnesota, and Purdue. The Wolverines play just 4 true road games all season.

While Michigan’s schedule may be light, at win at the end of the season on the road vs Ohio State and a Big Ten Championship would no doubt lead to another playoff bid. Michigan was +3500 to win the National Championship last week, and while those odds shrunk to +2000, those are still some solid odds given how the season should set up for them.

College Football Playoff Results