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Championship odds: Ranking betting favorites after CFB Playoff quarterfinals

January 2, 2026

By Steve Samra, On3 Sports: The College Football Playoff quarterfinals are in the books. Four teams remain in contention for a national title as the dust settles on New Year’s Day.

Indiana will face Oregon after the Big Ten teams sent Alabama and Texas Tech home. Meanwhile, Miami upset the reigning champions in Ohio State, and Georgia was eliminated by Ole Miss in grand fashion to cap off a wild slate of four games over the past two days.

Who has the best chance to stand tall at the end of it all? BetMGM Sportsbook has us covered. They ranked the betting favorites remaining in the CFP ahead of the semifinals. Check out the odds below.

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