College football national championship odds for 2024 season

No sooner than watching the confetti fall on Michigan after winning the national championship do the eyes of the college football world turn to next season, 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.

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: +350

Alabama: +550

Ohio State: +800

Texas: +850

Michigan: +1000

Oregon: +1200

LSU: +1500

Ole Miss: +1600

Florida State: +1800

Penn State: +2500

Notre Dame: +2500

Texas A&M: +3300

Clemson: +3300

USC: +3500

Oklahoma: +4000

Tennessee: +4500

Missouri: +5000

Washington: +5000

Kansas State: +6000

Miami (FL): +8000

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, as of right now, a rankings system that features the six highest-ranked conference champions followed by six at-large teams.

But that format is expected to change somewhat now after the destruction of the Pac-12, although what that looks like is something the committee is still working out.

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.