College Football National Championship odds 2022: Favorites, sleepers to win the national title and make the College Football Playoffs

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Stetson Bennett, J.J. McCarthy, Max Duggan
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Since the College Football Playoff was introduced back in 2014, a total of 14 schools have reached the four-team semifinals, but just five schools have been able to win the National Championship. Alabama has claimed three of those titles, with Clemson (2) being the only other school to win it more than once. It's no surprise those schools, along with previous champions Georgia ('21) and Ohio State ('14), had the shortest preseason odds to win the National Championship and make the CFP in 2022.

LSU ('19) is the only other school that's had the luxury to call itself National Champion in the CFP era, but with the playoff expanding to 12 teams in the near future, more schools are hoping to add their names to this list. For now, the same upper-echelon programs have a significant edge to make it back to the CFP.

The reigning National Champions, Georgia, made the playoff last year despite losing to Alabama in the SEC Championship. It was the second time two schools from the same conference made the playoff, with the other time coming back in 2017 when third-seeded Georgia ended up meeting fourth-seeded Alabama in the CFP Championship game.

As most college football fans and bettors would expect, the SEC has secured the most playoff appearances (11), followed by the ACC (8), though six of its eight appearances were by Clemson and one was by Notre Dame in 2020 when it technically played as part of the conference instead of as an Independent. The Big 10 has also six appearances (five by Ohio State, two by Michigan, and one by Michigan State), the Big 12 has five (four by Oklahoma, one by TCU), the Pac-12 has two, the AAC has one, and Notre Dame has another appearance as an Independent. 

Heading into the start of bowl season, Georgia still remains the favorite to win the National Championship at -145 odds, per BetMGM. The Bulldogs enter the College Football Playoff as the No.1 overall seed with a 13-0 record, facing off against No. 4 Ohio State in the Peach Bowl. After Georgia, Michigan (+300) and Ohio State (+350) have the two lowest odds, but Georgia's clearly separated itself as the team to beat at this point. The No. 3 overall seed in the CFP, TCU, has the longest odds to win it all at +1600. The Horned Frogs are the biggest underdog in the CFP semifinals (+7.5) but don't count Sonny Dykes' bunch out just yet, even when the odds are seemingly stacked against them.

Here's a snapshot of the current odds to win this season's National Championship along with the exact outcome odds.

All odds courtesy of BetMGM

Odds to win the College Football National Championship 2022

School Odds
Georgia -145
Michigan +300
Ohio State +350
TCU +1600

National Championship Exact Outcome

Georgia to beat Michigan +125
Michigan to beat Georgia +450
Georgia to beat TCU +500
Ohio State to beat Michigan +500
Michigan to beat Ohio State +1100
Ohio State to beat TCU +1400
TCU to beat Georgia +2200
TCU to beat Ohio State +3500
Author(s)
Nick Musial Photo

Nick Musial is a Content Producer at The Sporting News