College Football Playoff Odds: Georgia Remains Top Dawg

Georgia running back James Cook (4) celebrates a touchdown with teammates during a game at Tennessee
Image Credit: Brianna Paciorka-News Sentinel/USA TODAY Network

The 3.0 version of the 2021 College Football Playoff rankings have been released, and per usual, the playoff committee’s rankings don’t exactly align with the perceptions of oddsmakers (let alone those who vote in the Associated Press Top 25 poll).

With three weeks before Selection Sunday on Dec. 5, much can change among the top four. Well, maybe three of the four, since the school sitting atop both the CFP rankings/CFP odds board appears to be a lock for either the Cotton Bowl or Orange Bowl on Dec. 31.

Props.com breaks down the latest College Football Playoff odds heading into Week 12.

Odds via FanDuel and updated as of 11 a.m. ET Nov. 17.

Georgia Bulldogs

Georgia quarterback Stetson Bennett gestures for a first down during a game
Image Credit: Joshua Jones—USA TODAY Sports

Record: 10-0
College Football Playoff Ranking: 1st (last week: 1st)
AP Ranking: 1st (last week: 1st)
College Football Playoff odds: Yes -3000/No +1260

There’s only one way to interpret Georgia’s odds jumping from -2400 to -3000 in a week at FanDuel: If the top-ranked Bulldogs carry an undefeated record into the SEC championship game — lightweights Charleston Southern and Georgia Tech remain on the regular-season slate — they’re making the College Football Playoff, regardless of the result Dec. 4 in Atlanta.

It’s a comforting thought for nervous UGA fans, but the presumption has plenty of merit. The dynamic Dawgs boast the nation’s No. 1 scoring defense (7.5 points per game), the No. 2 total defense (247.0 yards per game), and they won all eight of their SEC games by an average margin of 31.9 points.

The closest any SEC opponent came to beating Georgia? Kentucky, which lost 30-13 in Athens in October. The most points an SEC opponent scored against Georgia? 17, which Tennessee tallied last week — but only because the Vols found the end zone on fourth down with less than four minutes remaining in the game.

The only lingering playoff drama for Georgia: Would Bulldogs fans prefer trekking to Miami (Orange Bowl) or Arlington, Texas (Cotton Bowl) for the College Football Playoff semifinals?

Ohio State Buckeyes

Ohio State Buckeyes quarterback Kyle McCord (6), quarterback C.J. Stroud (7) and defensive back Andrew Moore (39) sing the school's fight song after a victory over Purdue
Image Credit: Adam Cairns-Columbus Dispatch/USA TODAY Network

Record: 9-1
College Football Playoff Ranking: 4th (last week: 4th)
AP Ranking: 5th (last week: 6th)
College Football Playoff odds: Yes -290/No +215

High-flying Ohio State, purveyors of the nation’s No. 1 scoring offense (averaging 46.3 points per game), has a clear path to the playoff — provided it can sweep through Michigan State (No. 7 CFP), Michigan (No. 6 CFP), and the Big Ten title game over the next three Saturdays.

If victorious on all three fronts, the Buckeyes also would likely avoid Georgia in the semifinal round (something that should motivate any prospective Power 5 champion).

On the down side, if Ohio State should fall to Michigan State this weekend, the Buckeyes — who haven’t lost a conference home game since 2015 — would be long shots to reach the conference championship game, since the Spartans would subsequently possess every tiebreaker advantage among the Big Ten East contenders.

In that regard, both Ohio State and Michigan State essentially control their playoff destiny — which should make Saturday’s showdown in Columbus all the more intense (and fun to watch).

Alabama Crimson Tide

Image Credit: Marvin Gentry-USA TODAY Sports

Record: 9-1
College Football Playoff Ranking: 2nd (last week: 2nd)
AP Ranking: 2nd (last week: 3rd)
College Football Playoff odds: Yes -118/No -108

Stop us if you’ve heard this one before: In the CFP’s seven-year history, no two-loss team has ever been invited to the event.

In theory, that means Alabama, which fell at Texas A&M on Oct. 9, cannot afford another setback. The Crimson Tide close the regular season against Arkansas (home this week) and Auburn (road next week), needing one win to claim the SEC West crown. But in reality, they need to win both to have a shot at defending their national championship — and in fact, history tells us they also must knock off Georgia in Atlanta on Dec. 4.

Then again, maybe Bama could become the first two-loss team to get in the playoff. Consider this caveat: Since 2014, the playoff’s inaugural season, college football has never had a 1-versus-2 showdown on Conference Championship Weekend.

So who’s to say how this year’s CFP committee might view No. 2 Alabama, with its No. 1-ranked strength of schedule, if it sustains a narrow loss to Georgia in the SEC title game? After all, as noted above, the Bulldogs shredded SEC opponents by an average of 31.9 points this season. Shouldn’t a razor-thin defeat to the nation’s most dominant team benefit an opponent with a playoff-worthy résumé?

Oregon Ducks

Image Credit: Joseph Maiorana-USA TODAY Sports

Record: 9-1
College Football Playoff Ranking: 3rd (last week: 3rd)
AP Ranking: 4th (last week: 5th)
College Football Playoff odds: Yes +225/No -310

Oregon possesses FanDuel’s fourth-highest playoff odds, which should appease those affiliated with Pac-12 athletics.

But at +225, it’s hardly a ringing endorsement for an Oregon squad that already owns a résumé-topping road win over Ohio State and has a markedly higher strength-of-schedule than Cincinnati.

Put it all together and the Ducks’ playoff odds are a head-scratcher. Simply put, if Oregon handles its business at Utah (this week), Oregon State (next week), and perhaps Utah again (Pac-12 title game Dec. 4) over the next three weekends, there are no plausible scenarios in which the Ducks would miss the playoff field.

Ah, but all you have to do is look at this week’s Oregon-Utah line to see exactly where the oddsmakers are coming from: The Ducks are a 3.5-point underdog, meaning the books believe Oregon’s playoff bubble is about to burst in Salt Lake City.

Michigan Wolverines

Michigan Wolverines head coach Jim Harbaugh gestures from the sideline against the Penn State Nittany Lions at Beaver Stadium. Michigan defeated Penn State 21-17.
Image Credit: Matthew OHaren-USA TODAY Sports

Record: 9-1
College Football Playoff Ranking: 6th (last week: 6th)
AP Ranking: 8th (last week: 9th)
College Football Playoff odds: Yes +250/No -360

If Michigan captures the Big Ten championship with victories over Maryland, No. 4 Ohio State, and most likely No. 15 Wisconsin or No. 17 Iowa in the conference title game (Dec. 4 in Indianapolis), the Wolverines will almost certainly overtake Cincinnati in the final CFP rankings.

In this hypothetical situation, a 12-1 Michigan squad would have the stronger strength of schedule rating, the greater strength-of-opponent quotient, and a higher overall conference rating.

That’s the good news. Here’s reality: All this speculation becomes meaningless if Michigan loses to Ohio State on Thanksgiving Saturday. For those with short memories, since 2001 the Buckeyes are 17-2 against the Wolverines, winning the last eight in a row.

Cincinnati Bearcats

Cincinnati Bearcats quarterback Desmond Ridder throws the ball in a game against South Florida
Image Credit: Jeremy Reper-USA TODAY Sports

Record: 10-0
College Football Playoff Ranking: 5th (last week: 5th)
AP Ranking: 3rd (last week: 2nd)
College Football Playoff odds: Yes +320/No -460

Cincinnati’s lack of respect among sportsbook operators doesn’t end with Michigan. Downward-trending Oklahoma (9-1 overall, No. 13 CFP) still has better playoff odds at FanDuel (+225/-310) than Cincinnati.

What’s the hidden message here? As long as Cincinnati resides in a non-Power 5 conference (American Athletic), it might never garner a realistic shot at making the playoff. That is, unless the Bearcats schedule a barrage of non-conference matchups against the likes of Alabama, Georgia, LSU, Oregon, Michigan, Ohio State, or Oklahoma in the coming years.

It’s become very clear that Group of Five stalwarts — such as Cincinnati this season and Central Florida in past seasons — require more scheduling oomph than simply beating Indiana and Notre Dame (No. 8 CFP) in consecutive road games (as the constantly disrespected Bearcats did in 2021).

Jay Clemons
Jay Clemons remains the only sports writer on the planet to capture Cynposis Media's national award for Sports Blog Of The Year (beating out NBA.com, MLB.com, PGATour.com, The Players' Tribune in 2015), along with the Fantasy Sports Writers Association's pre-eminent award for Best Football Writer (2008). Through the years, Mr. Clemons has been a key figure with numerous blue-chip sports/media brands, namely the Detroit Lions, Sports Illustrated, FOX Sports, Bleacher Report and now American Affiliate's Props.com. Clemons, a graduate of Michigan State University and Wayne State University, has been an on-camera Web-TV host for Sports Illustrated, Bleacher Report and FOX Sports. In 2015, he also became the first-ever sports journalism professor at Kennesaw State University in suburban Atlanta. And for the betting community, covering the last two years of the sports calendar (2019-20 / 2020-21), Clemons enjoyed a rock-solid winning rate of 59.6 percent with point-spread and over/under selections (NFL, college football and college basketball.)

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