2022 College Football National Championship Odds: 'Bama Loss Gives Georgia Top Spot

After a shocking loss in Week 6, defending National Champion Alabama has slipped out of the top spot as the betting favorite to win this year's title. Find out below who usurped the Tide as the top dog.

Posted: Oct 11, 2021 9:18 AM ET Updated: Oct 11, 2021 9:18 AM ET Read Time: 4 min
Darnell Washington Georgia Bulldogs college football
Photo By - USA TODAY Sports

Six weeks into the college football betting season, it seems like one thing is clear: the National Champion is likely coming from the SEC.

Alabama's bid to repeat as National Champion hit a slight speed bump, as the Crimson Tide no longer have the best odds to win the National Championship in 2022 — that honor now goes to another powerhouse program... within the same conference

Let's take a look at the latest odds to win the college football national championship.

2022 College Football National Championship odds 

Odds above are up-to-date and reflect the Covers Line, an average comprised of odds from multiple sportsbooks.

Compare NCAA football futures odds before betting to ensure you get the best number.

Favorite to win the College Football National Championship   

After Alabama suffered a shocking Week 6 upset loss, its SEC counterpart — the Georgia Bulldogs — are now the betting favorites at +140. Georgia opened at +1,200 but after absolutely crushing everyone en route to a 6-0 start, the Bulldogs are now on top of the futures board. Powered by the stingiest defense in the nation, which gives up the fewest yards against per game (201.2) in the nation and an absurd 5.5 points per contest — the Bulldogs just beat consecutive ranked opponents in Arkansas and Auburn by a combined score of 71-10... with two more ranked opponents coming up in Kentucky and Florida.

Speaking of 'Bama (+240), it has been the betting favorite all season to repeat in 2022 but stumbled in losing 41-38 on the road at Texas A&M last week. That said, Nick Saban's squad is still clearly ahead of almost every other program, as dual-threat QB Bryce Young — the current Heisman Trophy favorite — has powered an Alabama offense that is sixth in the nation with 44.3 points per game and has already logged three wins over ranked programs. 

Third on the odds board sits the Ohio State Buckeyes at a distant +800. The Buckeyes have rebounded well from a Week 2 home loss to Oregon by pounding Akron, Rutgers, and Maryland by a combined 177-37 over the last three weeks and are first in the nation in total offensive yards per game and third in scoring, but have only faced one real test so far — that loss to Oregon at home.

The Oklahoma Sooners are fourth at +1,400, coming off a thrilling 55-48 victory over Texas in the Red River Showdown, although there's now uncertainty under center — incumbent starter (and preseason Heisman fave) Spencer Rattler was benched for freshman Caleb Williams, who helped OU rally from a 28-7 deficit. 

The fifth spot on the betting board was Penn State last week, but the Nittany Lions lost a key Big Ten showdown against Iowa, who now occupy that spot at (+2,000). The Hawkeyes, who opened at +6,000, were already up to No. 3 in the AP Poll and are off to a 6-0 start — with three wins over ranked opponents in Indiana, Iowa State, and now PSU.   

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 +300

This means that on a $100 bet, you'll stand to win $300 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 odds?

You can bet on college football odds at every online and casino sportsbook, including college football moneylines, spreads, Over/Under totals, and a ton of college football prop odds. Head over to our best-suggested sportsbooks for the top spots to bet on college football odds in your area.

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