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2026 CFP National Championship odds, way-too-early futures picks

January 23, 2026

By Gene Menez, CBS Sports: The Indiana Hoosiers completed one of the most unlikely championships in sports history, winning the 2025 CFP National Championship at 100-1 odds. So now, as people look ahead to the 2026 season, the question is What team is this year’s Indiana?

If you’re looking for another triple-digit underdog to lift the trophy next January in Las Vegas, that team won’t be the Hoosiers. Indiana could very well repeat, but this time the Hoosiers are the co-favorites to win the CFP National Championship, listed at 7-1 (+700) at DraftKings, alongside Notre Dame, Ohio State and Texas. Oregon (+900) rounds out the top five favorites in the national championship futures odds.

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