Updated College Football Playoff odds: Alabama Crimson Tide, Florida State Seminoles now co-favorites

Jan 6, 2014; Pasadena, CA, USA; Florida State Seminoles quarterback Jameis Winston (5) holds the Coaches Trophy after defeating the Auburn Tigers 34-31 in the 2014 BCS National Championship game at the Rose Bowl. Mandatory Credit: Kelvin Kuo-USA TODAY Sports
Jan 6, 2014; Pasadena, CA, USA; Florida State Seminoles quarterback Jameis Winston (5) holds the Coaches Trophy after defeating the Auburn Tigers 34-31 in the 2014 BCS National Championship game at the Rose Bowl. Mandatory Credit: Kelvin Kuo-USA TODAY Sports /
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Back in January, the Florida State Seminoles defeated the Auburn Tigers 34-31 to win the National Championship and they are a trendy pick to repeat this season.

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Our friends over at Bovada were kind enough to send over the latest odds and have offered the odds from the day after the National Championship  Game to compare them.

Florida State was the favorite back on January 7 with 11/2 odds while the Alabama Crimson Tide just behind with 13/2 odds. Since that day, Florida State lost several underclassmen – wide receiver Kelvin Benjamin, defensive tackle Timmy Jernigan and running backs Devonta Freeman and James Wilder, Jr. to the NFL Draft. They also lost their backup quarterback, Jacob Coker. Coker, a very talented quarterback who was stuck behind Florida State’s Heisman Trophy winning signal-caller, Jameis Winston, will likely be Alabama’s starting quarterback in the fall. Florida State head coach Jimbo Fisher, who was Alabama head coach Nick Saban’s offensive coordinator with the LSU Tigers, believes Coker is the most talented player Saban has ever had at quarterback. That’s one of the reasons Alabama and Florida State are now co-favorites with 11/2 odds.

You can find the complete odds below.

                                           Odds on 1/7/14             Current Odds   

Alabama                                   13/2                              11/2

Florida State                             11/2                              11/2

Oregon                                     12/1                              7/1

Oklahoma                                 20/1                              9/1

Auburn                                      14/1                              10/1

Ohio State                                10/1                              12/1

UCLA                                        25/1                              14/1

Georgia                                    25/1                              18/1

LSU                                          25/1                              20/1

Michigan State                          20/1                              25/1

USC                                        33/1                              25/1

Baylor                                       25/1                              28/1

Florida                                      25/1                              33/1

South Carolina                          25/1                              33/1

Stanford                                   9/1                                33/1

Wisconsin                                 40/1                              33/1

Mississippi                               66/1                              40/1

Michigan                                   50/1                              50/1

Notre Dame                              33/1                              50/1

Texas                                       50/1                              50/1

Clemson                                   25/1                              66/1

Missouri                                    40/1                              66/1

Nebraska                                  50/1                              66/1

Texas A&M                               25/1                              66/1

Arizona                                     100/1                            100/1

Arizona State                            66/1                              100/1

Iowa                                         40/1                              100/1

Kansas State                            100/1                            100/1

Louisville                                  50/1                              100/1

Miami                                       50/1                              100/1

North Carolina                           50/1                              100/1

Washington                               66/1                              100/1

BYU                                        100/1                            150/1

Mississippi State                       100/1                            150/1

Oklahoma State                        40/1                              150/1

Tennessee                                100/1                            150/1

Virginia Tech                             100/1                            150/1

TCU                                          100/1                            200/1

Texas Tech                               Off the Board                200/1

Cincinnati                                  100/1                            250/1

Arkansas                                  100/1                            300/1

Boise State                               100/1                            300/1

West Virginia                             100/1                            300/1

Boston College                         100/1                            500/1

Georgia Tech                            100/1                            500/1

Oregon State                            66/1                              500/1

Pittsburgh                                 100/1                            500/1

South Florida                            100/1                            500/1

UCF                                          Off the Board                500/1

California                                  100/1                            1000/1

Rutgers                                     100/1                            1000/1