College football national title odds for 2024 updated

Where things stand in the 2024 college football national championship odds

As we move out of the winter offseason and head into spring ball across the country, the eyes of the college football world turn to the future, and with reason. 2024 finds the College Football Playoff undergoing an historic expansion, from a four-team semifinal to a 12-team bonanza that will last a month and include on-campus games for the first-round matchups.

Related: Predicting the 12-team College Football Playoff

Looking ahead to next season, the wiseguys at SI Sportsbook got on the case calculating the odds for which teams are favored to contend for that 2024 national championship. The main takeaway? Expect the SEC and Big Ten to dominate things.

2024 College Football National Championship Odds

Georgia: +300

Ohio State: +480

Texas: +700

Oregon: +850

Alabama: +1200

LSU: +1500

Michigan: +1500

Ole Miss: +1500

Florida State: +2000

Penn State: +2500

Notre Dame: +2500

Clemson: +3000

Tennessee: +3000

Oklahoma: +3000

Missouri: +3300

Texas A&M: +4000

USC: +4500

Miami (FL): +6000

Kansas State: +6000

Utah: +7000

How the College Football Playoff will work

To win the national championship in 2024 and beyond, teams will have to run a more comprehensive gauntlet than in years past.

The postseason format will expand to 12 teams, including a system that features the so-called "5+7" model, with the five highest-ranked conference champions earning the top-five positions, followed by seven remaining at-large teams.

The highest four ranked seeds will receive a first-round bye into the quarterfinal round, while the first-round games will be played on campus.

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