College Football National Championship Odds: Michigan Is the Favorite Entering Bowl Season

College Football National Championship Odds: Michigan Is the Favorite Entering Bowl Season article feature image
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Jamie Schwaberow/Getty Images. Pictured: The College Football Playoff National Championship Trophy.

The College Football Playoff field is set with No. 1 Michigan, No. 2 Washington, No. 3 Texas and No. 4 Alabama in the semifinal games. That means Florida State is the first undefeated Power Five conference champion to be left out of the top four.

Alabama and Michigan will play in the Rose Bowl while Texas and Washington face off in the Sugar Bowl. Michigan (+120) is the favorite in the National Championship odds at FanDuel. They were +185 entering conference championship weekend and +110 before lines close Sunday ahead of bowl announcements.

National Championship Odds

TeamNational Championship Odds
Michigan+120
Texas+300
Alabama+350
Washington+700

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For everything else you need to know about this year's college football bowl season, check out our College Football Bowl Game Tracker: Updated Bowl Matchups for the 2023 Postseason.

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