All season, four teams have stood above the rest of the field in the national championship odds: Ohio State, Oregon, Texas, and Penn State have been a clear cut above, in that order, with the Buckeyes the biggest favorites.
Even with previous losses, the Longhorns and the Nittany Lions are stuck in that top tier, a result of their talented rosters and their clear paths to the College Football Playoff.
Those paths are clear no longer.
Latest National Championship Odds
| Team |  |
|---|---|
 Ohio State |
+440 |
 Oregon |
+500 |
 Alabama |
+700 |
 Georgia |
+950 |
 Miami |
+1100 |
 Texas |
+1600 |
 Mississippi |
+1700 |
 Oklahoma |
+1800 |
 Texas A&M |
+1800 |
 Notre Dame |
+2200 |
Updated National Championship Odds: Ohio State and Oregon Now Alone
By losing second games against disappointing opponents on Saturday, both Texas and Penn State torpedoed their chances of making the Playoff and thus their chances of winning the national title.
The Nittany Lions’ loss to 0-4 UCLA was unquestionably more embarrassing, but the Longhorns’ falling to Florida is nearly as costly.
Exiting last week’s loss to Oregon, Penn State sat at +750 to win the national championship at FanDuel, right alongside Texas, sitting around there since its season-opening loss to Ohio State.
As of Saturday evening, the Nittany Lions are now +3000, while the Longhorns are at +1600. Ohio State (+440) and Oregon (+500) remain atop the odds board, now with Alabama (+700) and Georgia (+950) forming a second tier.
Texas can thank the opportunities for big wins remaining on its schedule for its edge on Penn State. The only notable game remaining ahead of the Nittany Lions is against Ohio State, an outright must-win.
The Longhorns, though, can still notch up to four top-25 wins. Going 3-1 against Oklahoma, Vanderbilt, Georgia, and Texas A&M would at least give them an argument for Playoff inclusion, though not a good one.
Odds are correct at the time of publishing and are subject to change.
Not intended for use in MA.
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