Jan 10, 2022; Indianapolis, IN, USA; Georgia Bulldogs head coach Kirby Smart celebrates after defeating the Alabama Crimson Tide in the 2022 CFP college football national championship game at Lucas Oil Stadium. Mandatory Credit: Kirby Lee-USA TODAY Sports
- Opening odds are out for teams to make/ miss the college football playoff in 2023-24
- The odds favor Georgia, Ohio State, Michigan & Alabama making up the four-team CFP
- Read below for 2024 College Football Playoff odds, plus analysis
Which teams will make the College Football Playoff in 2023-24? Oddsmakers in Las Vegas have released early over/under odds for the top teams in the country to make or miss the CFP this season.
The opening College Football Playoff odds favor Georgia, Ohio State, Michigan and Alabama to make the CFP in 2023-24. Pac-12 contender USC and rising ACC powerhouse Florida State are on the outside looking in.
Let’s take a look at the opening make/miss odds for the CFP and try to identify any areas of value.
Opening Make/ Miss College Football Playoff Odds
|Team||Odds to Make CFP||Odds to Miss CFP|
The 2023-24 college football season marks the final year of the four-team CFP before the format switches to a 12-team playoff bracket.
Odds as of June 21st, 2023 at DraftKings Sportsbook. Claim the DraftKings promo code to place a make/miss CFP wager.
Familiar Faces Favored to Make CFP
While there is certainly some fresh blood listed in the make/miss CFP Playoff odds, the top-four favorites are all no strangers to playing big games in December. According to the betting odds at DraftKings Sportsbook, Georgia, Ohio State, Michigan and Alabama are the four teams projected to make the CFP in 2023-24.
Georgia is obviously the heaviest favorite of the four at -250, which is well-deserved considering the Bulldogs’ are the back-to-back defending champions. Ohio State comes in with the second-best odds at -125 despite only getting in as the fourth seed last year. OSU’s Big Ten rival, Michigan, has the third-best odds at +105.
saturdays in the shoe coming soon ⭕️🏡 pic.twitter.com/T8NEOvljCF
— Ohio State Football (@OhioStateFB) June 10, 2023
It’s hard to argue about the first three teams on this odds list considering they’ve all made the College Football Playoff in two straight seasons. The fourth betting choice, Alabama at +135, however, is sure to raise some eyebrows. The Crimson Tide are coming off a disappointing 11-2 season that saw them miss the CFP for the second time in four years.
Nick Saban and the Tide have certainly earned the respect of oddsmakers with their success over the past decade. The question becomes whether the team bounces back in 202-3-24 or takes another step backwards. Losing two of the best players in CFB in QB Bryce Young and DE Will Anderson doesn’t have us overly optimistic about their CFP chances.
Early College Football Lines Released for 2023 Season
Best Value Bet to Make the CFP
An experienced quarterback is often key to a team having a strong season and earning the trust of the CFP voters. Although Georgia QB Stetson Bennett never put up Heisman numbers, he was in his sixth year of college by the time the Bulldogs won their second National Championship.
There are several projected top teams in the CFP with returning QBs such as Michigan, Florida State and USC, but there’s another one further down the board that sticks out as strong value. Oregon features pivot Bo Nix returning for his fifth year after recording a 71.9% completion percentage and leading the Ducks to a 10-win season in 2022-23.
Oregon was in the thick of the College Football Playoff race in 2022 until Bo Nix suffered an ankle injury in late November against Washington. The Ducks are returning 65% of their overall production from last season, including Bucky Irving and Noah Whittington, who combined for 1,837 yards in 2022.
Ex-UGA coach Dan Lanning has this team heading in the right direction, and the Ducks don’t have Georgia on their non-conference schedule to end their CFP chances before the season truly even begins. The Ducks’ biggest test will be a matchup against the Trojans in November 2023, a game in which the green will hold home-field advantage.
The CFP odds at DraftKings imply there is just a 16.7% chance that Oregon makes the playoff in 2024. The Ducks may not be as flashy of a bet as USC or Florida State, but they are as experienced as anyone. With a very favorable schedule, one of the best QBs in the nation, and some key offseason transfer acquisitions such as Alabama WR Traeshon Holden, the Ducks offer solid value at +500.
Pick: Oregon to Make CFP (+500)
Brady is the lead NHL and College Football editor at Sports Betting Dime, where he specializes in betting odds and data-driven analysis. Brady has over 10 years experience working in sports media, with work published by outlets such as ESPN, CBS Sports, Yahoo! Sports and Fox Sports.
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