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CFBFutures · Updated 6:15 AM ET · Nov 12

CFB futures: National Championship winner odds & analysis.

The full National Championship field with the desk’s math on it: best price per team across 5 books, the market’s hold, and the no-vig fair number every price has to beat.

Big Mike’s read on the board

the market makes Georgia Bulldogs the National Championship favorite at +250, about 22% fair once you strip the 35% the books are holding on this field. the number i keep looking at is Ole Miss Rebels: +5000 at DK against a fair +4939. that gap is real. futures money is dead money for months, so the price has to earn it.

TeamBest priceImpliedFairEdge
Georgia Bulldogssteaming+250 MGM29.3%21.7%—
Notre Dame Fighting Irishdrifting+400 FD20.9%15.4%—
Alabama Crimson Tidesteaming+700 MGM13.5%10.0%—
Miami Hurricanesdrifting+950 FD10.5%7.8%—
Texas Longhornssteaming+1050 DK9.6%7.1%—
Indiana Hoosiersdrifting+1050 DK9.3%6.9%—
LSU Tigersdrifting+2200 DK5.2%3.8%—
Utah Utessteaming+2800 MGM3.7%2.7%—
UCLA Bruinsdrifting+4000 FD2.8%2.1%—
Tennessee Volunteersdrifting+4500 BOL2.7%2.0%—
Ole Miss Rebelsdrifting+5000 DK2.7%2.0%+1.2%
Wake Forest Demon Deaconssteaming+7500 BR1.7%1.2%—
USC Trojanssteaming+6500 DK1.6%1.2%—
Oregon Duckssteaming+7000 FD1.6%1.2%—
Ohio State Buckeyesdrifting+8000 FD1.3%1.0%—
Texas Tech Red Raidersdrifting+10000 FD1.0%0.8%—
Kentucky Wildcatsdrifting+12000 DK1.0%0.7%—
Florida Gatorsdrifting+125000 FD1.0%0.7%+816.7%
South Carolina Gamecockssteaming+20000 BR1.0%0.7%+43.9%
Iowa Hawkeyessteaming+13000 DK0.9%0.7%—
Full field (118 more)
TeamBest priceImpliedFairEdge
BYU Cougarsdrifting+15000 MGM0.9%0.7%—
Oklahoma Soonersdrifting+100000 BR0.9%0.6%+550.6%
Missouri Tigersdrifting+15000 DK0.7%0.5%—
Houston Cougarsdrifting+20000 MGM0.6%0.4%—
Boise State Broncosdrifting+40000 BR0.5%0.4%+54.7%
Nebraska Cornhuskersdrifting+125000 FD0.4%0.3%+280.5%
SMU Mustangsdrifting+50000 MGM0.3%0.2%+17.5%
Oklahoma State Cowboysdrifting+50000 MGM0.3%0.2%+14.6%
Auburn Tigersdrifting+100000 DK0.3%0.2%+118.9%
Texas A&M Aggiesdrifting+125000 FD0.3%0.2%+148.1%
Arizona Wildcatsdrifting+50000 DK0.3%0.2%—
Michigan Wolverinesdrifting+200000 MGM0.2%0.2%+248.2%
Penn State Nittany Lionsdrifting+125000 FD0.2%0.2%+93.0%
Mississippi State Bulldogsdrifting+125000 FD0.2%0.2%+90.3%
Northwestern Wildcatsdrifting+125000 FD0.2%0.1%+80.0%
Washington Huskiesdrifting+250000 DK0.2%0.1%+227.2%
Louisville Cardinalsdrifting+100000 DK0.2%0.1%+23.3%
Baylor Bearssteaming+100000 BR0.2%0.1%+19.8%
Virginia Cavaliersdrifting+200000 DK0.2%0.1%+130.5%
New Mexico Lobosdrifting+150000 BOL0.1%0.1%+45.1%
Wisconsin Badgersdrifting+200000 DK0.1%0.1%+81.4%
TCU Horned Frogsdrifting+250000 DK0.1%0.1%+123.1%
Clemson Tigerssteaming+150000 DK0.1%0.1%+21.3%
Pittsburgh Panthersdrifting+125000 FD0.1%0.1%—
Arizona State Sun Devilsdrifting+200000 DK0.1%0.1%+42.0%
Arkansas Razorbacksdrifting+300000 DK0.1%0.1%+113.0%
James Madison Dukesdrifting+300000 DK0.1%0.1%+105.6%
Virginia Tech Hokiesdrifting+150000 DK0.1%0.1%—
Western Kentucky Hilltoppersdrifting+150000 DK0.1%0.1%—
Old Dominion Monarchsdrifting+150000 BOL0.1%0.1%—
Minnesota Golden Gophersdrifting+150000 DK0.1%0.1%—
Kansas State Wildcatsdrifting+200000 DK0.1%0.1%+27.3%
North Dakota State Bisondrifting+250000 DK0.1%0.1%+55.4%
Duke Blue Devilsdrifting+200000 BR0.1%0.1%+23.3%
UCF Knightsdrifting+150000 DK0.1%0.1%—
Ohio Bobcatsdrifting+200000 DK0.1%0.1%+22.1%
Fresno State Bulldogsdrifting+200000 DK0.1%0.1%+22.1%
Texas State Bobcatsdrifting+250000 DK0.1%0.1%+48.0%
Vanderbilt Commodoresdrifting+200000 DK0.1%0.1%+17.4%
Illinois Fighting Illinisteaming+150000 DK0.1%0.1%—
San Diego State Aztecsdrifting+150000 DK0.1%0.1%—
Western Michigan Broncossteaming+150000 DK0.1%0.1%—
UNLV Rebelsdrifting+300000 DK0.1%0.1%+73.9%
East Carolina Piratessteaming+400000 DK0.1%0.1%+125.7%
Florida State Seminolesdrifting+150000 DK0.1%0.1%—
Cincinnati Bearcatsdrifting+200000 DK0.1%0.1%+12.5%
Southern Mississippi Golden Eaglesdrifting+500000 DK0.1%0.1%+177.4%
Hawaii Rainbow Warriorsdrifting+200000 DK0.1%0.1%+9.8%
Stanford Cardinaldrifting+200000 DK0.1%0.1%+9.8%
Maryland Terrapinsdrifting+500000 DK0.1%0.1%+171.3%
Iowa State Cyclonesdrifting+200000 DK0.1%0.1%+7.6%
Memphis Tigersdrifting+200000 BR0.1%0.1%+3.6%
Troy Trojanssteaming+200000 DK0.1%0.1%+3.6%
Kennesaw State Owls+200000 DK0.1%0.1%+3.6%
Oregon State Beaversdrifting+200000 DK0.1%0.1%+3.6%
Washington State Cougarsdrifting+200000 DK0.1%0.1%+3.6%
Utah State Aggies+200000 DK0.1%0.1%+3.6%
Delaware Blue Hens+200000 DK0.1%0.1%+3.6%
Navy Midshipmendrifting+300000 DK0.1%0.1%+55.4%
Air Force Falconsdrifting+300000 DK0.1%0.1%+55.4%
Syracuse Orangedrifting+300000 DK0.1%0.1%+55.4%
Kansas Jayhawksdrifting+200000 MGM0.1%0.1%+2.6%
California Golden Bearsdrifting+350000 DK0.1%0.1%+78.2%
Colorado Buffaloesdrifting+350000 DK0.1%0.1%+77.1%
Boston College Eaglessteaming+400000 DK0.1%0.1%+101.0%
West Virginia Mountaineersdrifting+250000 DK0.1%0.0%+24.9%
Rutgers Scarlet Knightsdrifting+300000 DK0.1%0.0%+48.0%
Ball State Cardinals+500000 BOL0.1%0.0%+146.6%
New Mexico State Aggies+500000 BOL0.1%0.0%+146.6%
Charlotte 49ers+500000 BOL0.1%0.0%+146.6%
Akron Zips+500000 BOL0.1%0.0%+146.6%
Kent State Golden Flashes+500000 BOL0.1%0.0%+146.6%
Eastern Michigan Eagles+500000 BOL0.1%0.0%+146.6%
UL Monroe Warhawks+500000 BOL0.1%0.0%+146.6%
UTEP Miners+500000 BOL0.1%0.0%+146.6%
UAB Blazers+500000 BOL0.1%0.0%+146.6%
Sam Houston State Bearkats+500000 BOL0.1%0.0%+146.6%
North Texas Mean Greendrifting+200000 DK0.1%0.0%—
NC State Wolfpackdrifting+300000 DK0.1%0.0%+46.5%
Jacksonville State Gamecocksdrifting+300000 DK0.1%0.0%+46.1%
Louisiana Ragin Cajunsdrifting+300000 DK0.1%0.0%+46.1%
Miami (OH) RedHawksdrifting+300000 DK0.1%0.0%+46.1%
Georgia Southern Eaglesdrifting+300000 DK0.1%0.0%+46.1%
Toledo Rocketsdrifting+350000 DK0.1%0.0%+67.4%
Purdue Boilermakerssteaming+400000 DK0.1%0.0%+90.4%
South Florida Bullsdrifting+250000 DK0.1%0.0%+18.4%
Michigan State Spartansdrifting+300000 DK0.1%0.0%+42.1%
Georgia Tech Yellow Jacketsdrifting+300000 DK0.1%0.0%+42.1%
Tulane Green Wavedrifting+300000 DK0.1%0.0%+42.1%
Colorado State Rams+500000 BOL0.1%0.0%+131.2%
Buffalo Bulls+300000 DK0.1%0.0%+36.9%
South Alabama Jaguars+300000 DK0.1%0.0%+36.9%
Arkansas State Red Wolves+300000 DK0.1%0.0%+36.9%
Marshall Thundering Herddrifting+400000 DK0.1%0.0%+76.4%
North Carolina Tar Heelsdrifting+250000 DK0.1%0.0%+9.5%
Temple Owlsdrifting+500000 DK0.1%0.0%+115.8%
Nevada Wolf Pack+500000 BOL0.1%0.0%+115.8%
UTSA Roadrunnersdrifting+200000 DK0.1%0.0%—
Army Black Knightsdrifting+300000 DK0.1%0.0%+27.7%
UMass Minutemen+500000 BOL0.1%0.0%+111.4%
Georgia State Panthers+500000 BOL0.1%0.0%+108.1%
San Jose State Spartans+500000 BOL0.1%0.0%+108.1%
UConn Huskies+300000 DK0.1%0.0%+24.3%
Liberty Flamessteaming+250000 DK0.1%0.0%+1.8%
Middle Tennessee Blue Raiders+500000 DK0.1%0.0%+103.5%
Northern Illinois Huskies+500000 DK0.1%0.0%+103.5%
Bowling Green Falcons+500000 DK0.1%0.0%+103.5%
Wyoming Cowboys+500000 DK0.1%0.0%+103.5%
Coastal Carolina Chanticleers+500000 DK0.1%0.0%+103.5%
Rice Owls+500000 DK0.1%0.0%+103.5%
Florida International Panthers+500000 DK0.1%0.0%+103.5%
Central Michigan Chippewas+500000 DK0.1%0.0%+103.5%
Missouri State Bears+500000 DK0.0%0.0%+85.0%
Sacramento State Hornets+500000 DK0.0%0.0%+85.0%
Louisiana Tech Bulldogs+300000 DK0.0%0.0%+9.2%
Tulsa Golden Hurricane+300000 DK0.0%0.0%+8.6%
Appalachian State Mountaineersdrifting+350000 DK0.0%0.0%+24.3%
Florida Atlantic Owls+500000 BOL0.0%0.0%+69.6%

How to read this board

Every futures price is a probability in disguise, and the books price the whole field so those probabilities add up to far more than 100%. That overage is the hold, and on championship futures it runs several times fatter than a game line. The fair column strips it out: each team’s honest share of the field according to the market itself.

When a futures bet is actually worth it

Two conditions, both required: the best available price beats the fair number (the Edge column), and you’re comfortable parking the money until the confetti falls. A futures ticket that merely matches fair value is a worse bet than the same opinion expressed on game lines week by week. The hold and the dead months have to be paid for by a genuinely mispriced number.

Common questions

How do CFB futures odds work?

A futures price is a probability wearing a costume: +500 implies a 16.7% chance. Books price every team in the field, and the implied probabilities sum to well over 100%. The excess is the hold, currently 35% on this market. Fair value is each team's share once that hold is stripped out.

What's the smartest way to bet National Championship winner futures?

Shop the number across books (the best price on the same team routinely differs by 20% or more), compare it to the no-vig fair line on this page, and only lock money for months when the price genuinely beats fair. Line-shopping matters more on futures than on any other bet type.

How often does this board update?

Prices refresh twice daily from the major US sportsbooks, and the fair-value math recomputes on every refresh. The movers module tracks each team's best price against its previous number.

GET BIG MIKE

When a National Championship number breaks fair value, it's on his board first.

His whole board live, your bets graded against the close, and the best number on every play. 61.5% on the moneyline board · 808 picks graded in public.