Ohio State, Texas Tied in National Championship Odds, Georgia Closing In

Grant Mitchell - News Editor
Grant Mitchell • News Editor 5+ years betting experience
Updated: Sep 28, 2026 , 11:34 AM ET • 4 min read

The co-leaders are tied at +500 at BetMGM, but Georgia is in hot pursuit after blowing out Oklahoma and shortening to +550. 

Photo By - Reuters Connect. Texas quarterback Arch Manning (16) celebrates after a college football game between Tennessee and Texas at Neyland Stadium in Knoxville, Tenn. on Sept. 26, 2026.

Texas has drawn level with Ohio State for the lead in National Championship odds after its weekend victory over Tennessee in Knoxville.

The co-leaders are tied at +500 at BetMGM, but Georgia is in hot pursuit after blowing out Oklahoma and shortening to +550. 

Covers Icon
Key Takeaways
  • This is the first time all year that Ohio State hasn’t been the outright leader.
  • Georgia has steadily worked its way up to being within touching distance of the top teams.
  • Florida gained substantial ground by beating Ole Miss, improving from +5,000 to +2,000
Team Opening Last Week Current
Ohio State +600 +550 +500
Texas +700 +600 +500
Georgia +900 +700 +550
Notre Dame +700 +650 +650
Miami (FL) +2,000 +800 +800
Indiana +800 +900 +900
LSU +1,500 +1,500 +1,200
Florida +8,000 +5,000 +2,000
Alabama +1,500 +2,500 +2,500
Ole Miss +4,000 +1,700 +2,500

College football National Championship odds opened with Ohio State as a +600 leader back in January, according to SportsOddsHistory. They remained the leader even after losing to Texas in Week 2, but they finally relinquished sole control of first place. 

A 42-19 win over Illinois couldn’t prevent Texas from shortening after taking down Tennessee, 20-17. Arch Manning only had 201 yards and an interception, but stellar defensive end Colin Simmons registered five sacks in a dominant performance.

The biggest winner of the top contenders was Georgia, a familiar face in College Football Playoff conversations. Their defense suffocated John Matteer Oklahoma and finished with four turnovers in a 41-13 victory, moving them to a season-best +550.

Notre Dame (+650), Miami (+800) and Indiana (+900) all kept their foot on the gas with wins that did not cause a change in their future odds. LSU responded to an emotional loss to Ole Miss by trouncing Texas A&M, 35-6, helping them shorten from +1,500 to +1,200.

All in all, the current top seven contenders are exactly the same as they were one week ago — just with subtle changes in odds values. But that’s where the race to win the National Championship took a significant turn, as the chasing pack was filled with dramatic movement over the weekend.

Teams on the decline

Florida sent a message to the rest of college football after it eviscerated Ole Miss at home, 52-28. The win was so profound that the Gators jumped from No. 21 to No. 8 in the AP poll, their best ranking since December 2020, and dropped them from +5,000 to +2,000 in odds to win the National Championship. Star running back Jadan Baugh also vaulted into the top five in Heisman odds after being a relative afterthought in the conversation. 

Ole Miss felt the effects of the loss, moving back from +1,700 to +2,500 in championship odds. That’s still tied for the ninth-best on the board.

The other team sitting at +2,500 is Alabama, which is getting better with every passing week. Although the Crimson Tide’s odds did not change since last week, their 49-18 win against South Carolina was easily their best performance of the season. 

Further down the board, Oregon lengthened from +2,500 to +3,000 despite beating No. 12 USC on the road — likely as a response to quarterback Dante Moore suffering a concussion on a vicious hit that sent him out of the stadium in an ambulance. 

Oklahoma dropped from +4,000 to +6,600, while USC regressed from +3,000 to +8,000. The last substantial odds movement occurred with Mississippi State, which remained perfect with a 31-24 win over Mizzou. Heisman candidate Kamario Taylor shone and ultimately helped the Bulldogs improve from +15,000 to +8,000 odds.

Pages related to this topic

Grant Mitchell - News Editor
News Editor

Grant jumped into the sports betting industry as soon as he graduated from Virginia Tech in 2021. His fingerprints can be found all over the sports betting ecosystem, including his constant delivery of breaking industry news. He also specializes in finding the best bets for a variety of sports thanks to his analytical approach to sports and sports betting.

Before joining Covers, Grant worked for a variety of reputable publications, led by Forbes.

Popular Content

Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo