2024 College Football Playoff odds: Oregon favored; Texas, Georgia tied

Oregon now has the shortest odds to make the 12-team Playoff after eight weeks of college football.

The Ducks defeated Purdue 35-0, and their odds to secure a spot in the postseason shortened from -2000.

Ohio State had a bye in Week 8 but still saw its odds in this spot shorten to -1200 from -700.

Georgia beat Texas 30-15 and moved to -1000 from -460, while the Longhorns lengthened to -1000 from -2000.

The Playoff is officially expanding to 12 teams this year, meaning an early-season loss or midseason conference loss might not torpedo a program's chances of competing for a national title, like in years past.

That's an important note, considering a few big-name programs have already suffered defeats.

Let's check out the odds to make the 12-team Playoff at DraftKings Sportsbook as of Oct. 22.

BETTING FAVORITES TO MAKE 12-TEAM CFP PLAYOFF FIELD: 

Oregon: -2500 (bet $10 to win $10.40 total)
Ohio State: -1200 (bet $10 to win $10.83 total)
Texas: -1000 (bet $10 to win $11 total)
Georgia: -1000 (bet $10 to win $11 total)
Penn State: -750 (bet $10 to win $11.33 total)
Miami: -400 (bet $10 to win $12.50 total)
Clemson: -300 (bet $10 to win $13.33 total)
Notre Dame: -250 (bet $10 to win $14)
Tennessee: -150 (bet $10 to win $16.67 total)
LSU: -110 (bet $10 to win $19.09 total)
Texas A&M: -110 (bet $10 to win $19.09 total)
Alabama: -105 (bet $10 to win $19.52 total)
Boise State: +100 (bet $10 to win $20 total)
Iowa State: +100 (bet $10 to win $20 total)
Indiana: +120 (bet $10 to win $22 total)
Kansas State: +130 (bet $10 to win $23 total)
SMU: +150 (bet $10 to win $25 total)
Ole Miss: +150 (bet $10 to win $25 total)

Rounding out the top five is Penn State.

The Nittany Lions have moved to -750 from -600 over the last week. 

Their next opponent is