2004 College Football National Championship Odds
| Team | Preseason, as of... |
Result |
|---|---|---|
| Jul 15 | ||
| USC | +300 | ** WINNER ** |
| Oklahoma | +600 | |
| Georgia | +800 | |
| Florida State | +1000 | |
| LSU | +1000 | |
| Texas | +1000 | |
| Miami (FL) | +1500 | |
| Michigan | +1500 | |
| Ohio State | +1500 | |
| Florida | +3000 | |
| Kansas State | +4000 | |
| Nebraska | +4000 | |
| Tennessee | +4000 | |
| Auburn | +5000 | |
| West Virginia | +5000 | |
| Clemson | +6000 | |
| Iowa | +6000 | |
| Maryland | +6000 | |
| Missouri | +6000 | |
| Notre Dame | +6000 | |
| Purdue | +6000 | |
| Virginia | +6000 | |
| Virginia Tech | +6000 | |
| Wisconsin | +6000 | |
| California | +7500 | |
| Minnesota | +7500 | |
| Alabama | +10000 | |
| Arizona State | +10000 | |
| Colorado | +10000 | |
| Oklahoma State | +10000 | |
| Oregon | +10000 | |
| Oregon State | +10000 | |
| Penn State | +10000 | |
| Texas A&M | +10000 | |
| UCLA | +10000 | |
| Michigan State | +15000 | |
| Washington | +15000 | |
| Washington State | +15000 | |
| Arkansas | +20000 | |
| Ole Miss | +20000 | |
| South Carolina | +20000 | |
| Texas Tech | +20000 | |
| Boise State | +30000 | |
| Colorado State | +30000 | |
| NC State | +30000 | |
| Utah | +30000 | |
| UNLV | +100000 |