Alabama linebacker Will Anderson Jr. (31) leaves the field following the 2022 CFP college football national championship game at Lucas Oil Stadium. Georgia defeated Alabama 33-18. Mandatory Credit: Gary Cosby Jr.-USA TODAY Sports.
Alabama linebacker Will Anderson Jr. (31) leaves the field following the 2022 CFP college football national championship game at Lucas Oil Stadium. Georgia defeated Alabama 33-18. Mandatory Credit: Gary Cosby Jr.-USA TODAY Sports.

College Football National Championship Odds: Alabama Enters as Preseason Favorite

WynnBET released national championship odds for the 2022-23 campaign, and it is a beautiful sight for those desperate for the return of football.

The usual candidates make up the top of the betting board, but there are over 40 total options in this market. As an added bonus, WynnBET is offering a special prop where you can choose to bet on the top contenders or the field.

Without further ado, let’s dive into this market! All odds as of Wednesday, June 22.

National Championship Odds

Opening prices for 2022-23 title:

  • Alabama +200

  • Ohio State +275

  • Georgia +400

  • Clemson +1500

  • Texas A&M +3000

  • USC +3000

  • Oklahoma +5000

  • Texas +5000

  • Teams listed at 60/1: Michigan, Notre Dame, Oregon, Utah, Wisconsin

  • Teams listed at 75/1: Baylor, LSU, Miami (FL)

  • Teams listed at 100/1: Arkansas, Auburn, Florida, Iowa, Kentucky, Michigan State, NC State, Nebraska, Oklahoma State, Ole Miss, Penn State, and Tennessee

  • Teams listed at 200/1: BYU, Florida State, Iowa State, Minnesota, Mississippi State, North Carolina and Wake Forest

  • Teams listed at 300/1: Kansas State, Pittsburgh, South Carolina, TCU and UCLA

Choose your state: AZ, CO, IN, LA, MI, NJ, NY, TN, VA to get more info on sportsbook promotions.

Alabama Enters Season As Favorite

Here is a statement that college football fans are used to hearing: Alabama is the favorite to win the national title.

The Crimson Tide have won six national championships since Nick Saban took over the program in 2007. They have appeared in six of the eight national championship games during the College Football Playoff era, winning three titles over that span.

But the scary part is last year’s runner-up finish was supposed to be a down year for the program, especially with an offensive line unit that was flawed. You saw a different version of Nick Saba when talking to the media about his team’s run last season, because he knew this year’s squad was going to be a juggernaut.

Alabama brings back a ton of talent, including the reigning Heisman winner at quarterback. In his first full season as a starter, Bryce Young threw for 4,872 passing yards and 47 touchdowns. He’s hoping to build off that on his way to becoming a top pick in the 2023 NFL Draft. 

One player who could contend with Young for top selection in the upcoming draft is on the other side of the ball. Will Anderson, who is 40/1 to win the Heisman at WynnBET, is considered the top defensive player in the country. He recorded 101 total tackles and 17.5 sacks last season.

Last summer, Alabama entered the year as the favorite to win the national championship at +300. Per SportsOddsHistory, the last time the Crimson Tide had a preseason price better than +200 in this market was 2018. That’s when Alabama had a value of +175 in the offseason before eventually losing to Clemson in the championship game.

Alabama’s preseason national championship odds in CFP era:

  • 2022: +200

  • 2021: +300

  • 2020: +300

  • 2019: +250

  • 2018: +175

  • 2017: +250

  • 2016: +600

  • 2015: +700

  • 2014: +450

Contenders vs. The Field

WynnBET is bringing back an exciting prop in the college football championship market. You can bet on a group of the top contenders or choose to wager on the field in a two-way market.

This season, there is a clear gap after the top-three contenders. That’s why WynnBET has grouped Alabama, Georgia and Ohio State together for a value of -450. If you choose to lay that juice, you only need one of those three teams to win it all for your ticket to be graded a winner.

The other option is the field, which is priced at +350. That ticket would cash if any team besides those three ended up winning the national championship. LSU was the last such squad to accomplish that feat, capturing a crown to conclude the 2019-20 campaign.

Best Bet

The reality is that there are only a select number of teams that can win the title. 

LSU’s championship run was a lot of fun to watch, but that was an outlier. That season is the only time someone other than Alabama, Clemson, Georgia or Ohio State won the championship. It shouldn’t be a surprise that those are the four teams listed at the top of this market.

So, yeah, I wanted to have fun and I sprinkled some money on Utah to win the national championship. I project the Utes as the best team in their conference, which makes them a CFP contender. But even if they get in, it is a lot to ask for two more wins against the best teams in the country.

If you want my real answer, Alabama is the best bet because Nick Saban’s squad is going to win it all this year. The Crimson Tide have a win total of 11.5 games, and will be favored by more than two touchdowns against all but three teams. 

This entire season seems to be setting up for Ohio State and Alabama to meet in the title game. That doesn’t mean this year won’t be interesting, however. Even if we all know how this story ends, I’m ready to get things started.

Bring on September.