2025 CFP National Championship Odds: Georgia, Alabama Well Ahead of Michigan, Washington

While the national championship game between Michigan and Washington is set to kickoff tonight, the odds for 2025's national champion have already been released.

And despite Washington's indication that it's a program here to stay — and its shift to the Big Ten — the oddsmakers don't respect the team at all prior to the game. Here's a look at the updated 2025 CFP National Championship odds.

2025 CFP National Championship Odds

The Huskies are just +5000 to win the 2025 national championship, behind a litany of teams that haven't had much luck in recent years. Meanwhile, Michigan is the fifth-best favorite at +1000, behind programs with myriad five-star recruits waiting in the weeds: Georgia, Alabama, Ohio State and Texas.

It's roughly similar to each team's preseason odds this year, too. Michigan sat in at +900 odds — the fourth-best team according to the marketplace, behind Georgia, Alabama and Ohio State. The emergence of Arch Manning — and other five-stars — at Texas has buoyed them above Michigan this season. As does the threat that Jim Harbaugh leaves for the NFL, creating an exodus out of Ann Arbor with some of his recruits.

Washington had closed the preseason as a +5000 underdog, too, before the 2023 season. That mark was tied with a Texas A&M team that went 7-5 and fired its coach Jimbo Fisher.

It'll be a different setup next season, though. It's the first year of 12-team college football playoff, meaning teams like Florida State and Georgia — controversially left out of this year's playoff — will have an equal shot to win it all. This means less at the top of the college football totem pole — now, the controversy will lay as to which team deserves to be the No. 11 and No. 12 teams overall — not No. 3 or No. 4.

Yet, as far as this market is concerned, all of that is of limited concern. The market believes good teams are good teams, regardless of the sport's championship infrastructure.