College Football

2024 College Football Playoff odds: Oregon favored; Texas, Georgia tied

Updated Nov. 20, 2024 9:17 a.m. ET

The third College Football Playoff bracket was revealed on Tuesday, and based on the odds, the playoff picture is becoming much clearer.

Oregon's odds to make the CFP shortened to -20000 from -6000 after keeping the No. 1 ranking for the third week.

The 11-0 Ducks' most recent win was their 16-13 victory over Wisconsin in Week 12.

Second on the board is Ohio State.

The Buckeyes moved from -3000 after defeating Northwestern 31-7.

The Playoff is officially expanding to 12 teams this year, meaning an early-season loss or midseason conference loss might not torpedo a program's chances of competing for a national title, like in years past.

That's an important note, considering a few big-name programs have already suffered defeats.

Let's check out the odds to make the 12-team Playoff at DraftKings Sportsbook as of Nov. 20.

BETTING FAVORITES TO MAKE 12-TEAM CFP PLAYOFF FIELD:

Oregon: -20000 (bet $10 to win $10.05 total)
Ohio State: -10000 (bet $10 to win $10.10 total)
Texas: -3000 (bet $10 to win $10.33 total)
Georgia: -3000 (bet $10 to win $10.33 total)
Penn State: -2000 (bet $10 to win $10.50 total)
Alabama: -1000 (bet $10 to win $11 total)
Ole Miss: -500 (bet $10 to win $12 total)
Notre Dame: -450 (bet $10 to win $12.22 total)
Indiana: -450 (bet $10 to win $12.22 total)
Boise State: -400 (bet $10 to win $12.50 total)
Miami: -160 (bet $10 to win $16.25 total)
Tennessee: -320 (bet $10 to win $17.41 total)
Colorado: +100 (bet $10 to win $18.33 total)
SMU: +100 (bet $10 to win $20 total)
Clemson: +260 (bet $10 to win $36 total)
BYU: +330 (bet $10 to win $43 total)
Texas A&M: +350 (bet $10 to win $45 total)

Deion Sanders talks about his special relationship with Miss Peggy, Colorado Buffaloes

Texas and Georgia are third and fourth on this board, tied at -3000.

The Longhorns moved from -2500 after the latest bracket. But the Dawgs saw their odds shorten considerably, moving from -500 over the last week.

Other notable shifts on this board include Alabama moving to -1000 from -400 and BYU shifting to +330 from -115.

Want great stories delivered right to your inbox? Create or log in to your FOX Sports account, and follow leagues, teams and players to receive a personalized newsletter daily!