Updated College Football Playoff odds after Week 2

What do the latest College Football Playoff odds mean entering Week 3?

With the latest College Football Playoff odds, what all can we glean from them?

Week 2 of the 2020 college football season saw the ACC begin conference play, as well as the Big 12 take on some teams in the non-conference. Though the SEC won’t hit the field until Sept. 26, college football is well underway. Whether or not the Big Ten gets back into it, we’re still planning on having a playoff. Let’s look at the latest odds and figure out who is projected to get in now.

Here are the latest College Football Playoff odds heading into Week 3.

Updated College Football Playoff odds, Week 3

• Clemson Tigers: 2/1
• Alabama Crimson Tide: 3/1
• Georgia Bulldogs: 5/1
• Oklahoma Sooners: 10/1
• Florida Gators, Texas Longhorns: 12/1
• Notre Dame Fighting Irish: 20/1
• Oklahoma State Cowboys, Texas A&M Aggies: 30/1
• Auburn Tigers, LSU Tigers: 40/1
• Miami Hurricanes: 60/1
• North Carolina Tar Heels: 80/1
• Cincinnati Bearcats, TCU Horned Frogs, Tennessee Volunteers, UCF Knights: 100/1
• Iowa State Cyclones: 200/1
• Baylor Bears, Florida State Seminoles, Louisville Cardinals, Virginia Tech Hokies: 300/1
• Appalachian State Mountaineers, BYU Cougars, Louisiana Ragin’ Cajuns, Memphis Tigers: 500/1

Overall, there’s not really much change at the top. The Clemson Tigers are favored to beat the Alabama Crimson Tide in the national championship game with the Georgia Bulldogs and the Oklahoma Sooners getting in to make up the playoff field. All have better than 10/1 odds. The first two teams out are projected to be the Florida Gators and the Texas Longhorns, both at 12/1 odds.

By looking at those six teams, here is what we can glean already. First, no team is going to challenge Clemson in the ACC, as the only other “ACC team” with decent odds to get in are the Notre Dame Fighting Irish at 20/1 odds. While seven ACC teams including Notre Dame are listed on these latest odds, only four programs have better than 100/1 odds of getting in this January.

Second, the SEC is the likeliest to get two teams into the field. Seven SEC teams have better than 100/1 odds of getting in, six teams have 40/1 odds of getting in and three with better than 20/1 odds of getting in. Though the gap between Alabama and Georgia isn’t significant, the one from Georgia to Florida is and the one from Florida to Texas A&M, Auburn and LSU absolutely is.

Third, there is no gap in the oddsmakers’ eyes between the Oklahoma Sooners and the Texas Longhorns. The Oklahoma State Cowboys are a little ways back at 30/1, but are very much in the playoff mix. As for the rest of the Big 12, the awful Week 1 loss to the Louisiana Ragin’ Cajuns have the Iowa State Cyclones all the way down at 200/1 odds. Louisiana even has 500/1 odds.

Ultimately, there are about 11 teams who have a realistic shot of making the playoff this year. We know who they are and that’s why these 11 teams have the 11-best odds of getting. If you have less than 40/1 odds of making the field, you are still alive, but you have some work to do to get on at least Auburn and LSU’s level. These odds will shake up once the SEC begins conference play.

What teams do you think you can get the most value on regarding these playoff odds?

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