2021 College Football National Championship Odds

Nov 23, 2020 |
By: Covers Staff
2021 College Football National Championship Odds
With a perfect record, including three dominant wins over ranked teams, plus the highest-scoring offense in the nation, Alabama remains the betting favorite to win the 2021 National Championship.
Photo By - USA TODAY Sports
With a perfect record, including three dominant wins over ranked teams, plus the highest-scoring offense in the nation, Alabama remains the betting favorite to win the 2021 National Championship.
Photo By - USA TODAY Sports

CFP championship odds saw little movement at the top heading into Week 13, with more game cancellations.

While the NCAA has been plagued all season by the ongoing COVID-19 pandemic, Week 12 saw another wave of cancellations, with several top programs sidelined.

This means that CFP odds will be in even further flux between now and the end of the season. Let's take a closer look at the college football national championship odds for the major programs looking to claim the 2021 title.

Who is the Favorite to Win the College Football National Championship?   

The Clemson Tigers were the preseason favorites to win the title, and through Week 9 they had the best odds to win the national championship, but following an upset loss to Notre Dame at South Bend in Week 10,  Alabama leapfrogged them into the top spot at +135.

The Crimson Tide remain in the top spot after destroying Kentucky 63-3 in Week 12. Alabama didn't make the college football playoff last season but despite having seven players selected in the first two rounds of the 2020 NFL Draft, the Tide are still loaded with talent on both sides of the ball and have started 7-0 in SEC play, including back-to-back lopsided wins against Georgia and Tennessee. The Crimson Tide did suffer a major blow last month, however, as star WR Jaylen Waddle was lost for the season due to an ankle injury.

Second on the odds board remains the Ohio State Buckeyes (+225), who have their own Heisman candidate at QB in Justin Fields.  The Buckeyes  looked strong in their first three games, stomping Nebraska, Penn State and Rutgers by a combined score of 139-69. Their 42-35 win over Indiana in Week 12 was tighter than they would have liked, raising doubts in the minds of some pundits. 

While a late-season loss is damaging to a team's CFP playoff hopes, Clemson remains third on the odds board (+350) for a couple of reasons. First, in that double-OT road loss to the Irish, they were without superstar quarterback Trevor Lawrence (COVID-19) and three defensive starters. And second, they still have Lawrence, and when fully healthy Clemson is likely the best program in the country. Clemson had a scheduled bye in Week 11, with their Week 12 matchup against Florida State postponed.

2021 College Football National Championship Odds 

School Odds to win National Championship (as of Nov 23)
Alabama Crimson Tide +125
Ohio State Buckeyes +225
Clemson Tigers +350
Florida Gators +1,000
Notre Dame Fighting Irish +1,400
Northwestern Wildcats +5,000
Cincinnati Bearcats +6,600
BYU Cougars +10,000
Iowa State Cyclones +10,000
Oklahoma Sooners +10,000
Oregon Ducks +10,000
USC Trojans +15,000
Miami Hurricanes +20,000
Texas A&M Aggies +20,000
Washington Huskies +20,000
Iowa Hawkeyes +25,000
Indiana Hoosiers +35,000
Wisconsin Badgers +35,000
Georgia Bulldogs +50,000

Odds courtesy of DraftKings

Understanding College Football Futures Odds

Sportsbooks release college football futures odds pretty much as soon the clock hits zero in the previous season's national championship game. There are many ways to wager on NCAA football futures but picking the outright winner of the national championship is definitely the most popular. During the offseason and preseason, you'll be able to get a plus-money price on basically any team in the nation as there is so much uncertainty around what will happen next year.

NCAA football championship odds will usually look like this:

  • Alabama Crimson Tide +125

This means that on a $100 bet, you'll stand to win $125 if the Crimson Tide win the national title. If it's close to the end of the regular season and there is a particularly dominant program, you might see that a team is has a minus sign (-) ahead of its odds. 

  • Ohio State Buckeyes -150

This means that if you bet on Ohio State during the college football season you would have needed to bet $150 to profit $100 if the Buckeyes won the championship.

Of course, futures odds are a fluid market. They can change every day based on news, injuries, suspensions, transfers, etc. In college football there generally isn't too much movement in the futures market during the offseason, but once the season begins, look for huge changes week-to-week based on wins and losses.

All the odds seen above are in American format. Should you find decimal format or fractional format easier to read, simply convert the odds using our simple odds converter tool.


Where Can I Bet on College Football Futures?

College football is one of the most popular betting sports in North America, so you'll find NCAA futures at pretty much any sportsbook in the world. However, when choosing an online sportsbook, it's important to choose one that can be trusted, so check out our list of the top online sportsbooks in your region. You'll also want to shop around a bit before placing a futures bet. It's not uncommon to find odds that could profit you a few extra dollars (or hundreds of dollars, depending on your wager size) when comparing futures odds.

Find more great betting strategies in our How to Bet section and join the conversation with thousands of serious football bettors in our NCAAF Betting Forum.

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