Odds to Win the 2020 CFP National Championship

Alabama and Clemson have been the two best teams in college football over the last four years. These two programs have split the last four national championships, and they have squared off in the CFP National Championship in three of the last four seasons. With that kind of track record, it’s no surprise that those two schools are the favorites to win it all per the 2019 CFP National Championship betting odds.

Odds to Win the 2020 CFP National Championship

Clemson +200
Alabama +240
Georgia +800
Ohio State +1400
Oklahoma +1400
Michigan +1500
LSU +2200
Texas +2500
Oregon +4000
Utah +5000
Florida +6000
Washington +6000
Notre Dame +6500
Nebraska +7000
Auburn +7500
Texas A&M +8000
Michigan State +10000
Penn State +10000
Baylor +12000
Iowa State +12000
Mississippi State +12000
TCU +12000
USC +12000
Washington State +12000
Wisconsin +12000
Miami (FL) +15000
Stanford +20000
Syracuse +20000
Florida State +25000
Iowa +25000
Oklahoma State +25000
UCLA +25000
All Other Schools +30000 or More

The Tigers graduated all four of their starters from one of the best defensive lines of the decade, but Clemson is still favored to repeat thanks to a favorable schedule and an incredible array of talent at the skill positions.

Trevor Lawrence is an NFL-ready quarterback. Everyone knew that Lawrence was talented since he was the consensus No. 1 prospect in the Class of 2018, but few thought that he would be this good, this soon. He showed poise well beyond that of a true freshman, and he will make sure players like Travis Etienne and Tee Higgins get the opportunity to shine.

Nick Saban doesn’t rebuild, he reloads. Saban has created an incredible legacy over the last decade in Tuscaloosa, and he has Alabama in contention to win it all once more. It simply doesn’t matter that the Crimson Tide lost a lot of players to graduation and the draft yet again.

Tua Tagovailoa and Jerry Jeudy are the best QB/WR tandem in college football. Jeudy is widely considered the most talented wide receiver in the country, and Tagovailoa is the best quarterback Saban has had during his time at Alabama. That gives Alabama more options than just running the ball and relying on their fantastic defense.

With odds of +800 to win the national title, there is some value in betting on Georgia. The Bulldogs have a strong enough schedule to sustain a loss and still get to the national championship, and they nearly qualified for the College Football Playoff despite having two losses last season.

Kirby Smart has quickly put this program on par with Alabama and Clemson with his ability to recruit. He hasn’t broken through to win it all yet, but he has been close, and Georgia shouldn’t be considered this far behind the two favorites.

Ohio State and Oklahoma round out the list of the five favorites. If you’re a believer in Bud Elliott’s blue-chip ratio, you probably want to pounce on the Buckeyes at this price. Ohio State has the highest percentage of four- and five-star recruits of any program in recent history, and that should lead to a smooth transition for new coach Ryan Day. There is a new quarterback in Columbus in Justin Fields, but he was a very highly touted recruit that should thrive under Day’s watch.

The Sooners are in a similar position. Oklahoma has a new quarterback in Jalen Hurts, but that’s stock standard for Lincoln Riley. Hurts is just the latest transfer quarterback to become the starter in Norman, following in the footsteps of Heisman Trophy winners Baker Mayfield and Kyler Murray.

Hurts probably won’t have the same success as those two eventual No. 1 picks, so the offense could take a step back. However, the Sooners’ defense should be much better with Alex Grinch calling the shots instead of Mike Stoops.

Moving down the list a little bit, the betting odds on Utah to win the national championship have fallen from what we saw at the start of the offseason. The Utes’ bandwagon is pretty full, and they are the favorite in the Pac 12 South.

The lack of faith in Notre Dame is telling considering the Irish made it to the College Football Playoff last season. That’s partly due to how thoroughly they were dismantled by Clemson, and partly because of a schedule that includes games against Georgia and Michigan. I think there is value in Notre Dame at these odds though as the rest of the schedule isn’t difficult. A one-loss Notre Dame with a win over Michigan or Georgia would receive serious consideration from the selection committee.

If you’re looking at a real longshot to win it all, Oklahoma State provides the most bang for your buck. The Cowboys have a ton of value according to Bill Connelly’s S&P+ metric. We know that Mike Gundy will ensure Oklahoma State can move the ball, and new offensive coordinator Sean Gleeson is one of the sharpest minds in the game. They have won 10 or more games six times this decade, so the potential is there too.

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