Oddsmakers update Michigan's chances to make College Football Playoff

The Wolverines are among the favorite to reach the playoffs again in 2024, but how likely is it?

Matt Lounsberry | Aug 16, 2024

Jan 8, 2024; Houston, TX, USA; Michigan Wolverines offensive coordinator Sherrone Moore against the Washington Huskies during the 2024 College Football Playoff national championship game at NRG Stadium. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports / Mark J. Rebilas-USA TODAY Sports

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Michigan Wolverines

After three consecutive appearances in the College Football Playoff, culminating in a national championship a season ago, Michigan is among the favorites to be included in the sport's postseason tournament again this fall.

After a decade of the four-team format, the College Football Playoff expands to 12 teams in 2024, with the five highest-ranked conference champions each earning an automatic bid into the field and seven at-large teams to be determined by the playoff committee at season's end. According to Circa Sports, the Wolverines have the 10th-best odds at reaching the CFP again this fall.

College Football 🏈🏆
2024-25 Make The Playoffs Yes/No (favorites 3/1 or better)

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— Circa Sports (@CircaSports) August 12, 2024

Michigan is at +140 to be included in the playoff and -170 to be left out, meaning the Wolverines are more likely to miss the CFP than be included, though the margin is small. In a tough 2024 schedule, Michigan will face three of the top four teams with the best chance to make the College Football Playoff — Ohio State (-800/+575), Oregon (-380/+300) and Texas (-235/+190). The Wolverines have the fourth-best odds among Big Ten teams to make the field, with Penn State at -150 to be included and +120 to be left out.