2025 College Football Playoff national championship odds: Georgia opens as betting favorites

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The Michigan Wolverines completed their perfect season on Monday, defeating Washington to finish the year 15-0 and winning their first national championship since 1997. 

The Wolverines were the favorites to take home the title for most of the season after returning quarterback J.J. McCarthy and running back Blake Corum. 

Michigan Wolverines head coach Jim Harbaugh celebrates following the CFP National Championship against the Washington Huskies on January 8, 2024, at NRG Stadium in Houston. (Joe Robbins/Icon Sportswire via Getty Images)

Despite multiple off-the-field issues, including a sign-stealing scandal that took the sport by storm, the Wolverines won their third straight Big Ten title before finally breaking through in the College Football Playoff. 

WHAT WAS LEARNED FROM MICHIGAN WINNING THE COLLEGE FOOTBALL PLAYOFF NATIONAL CHAMPIONSHIP

Jim Harbaugh’s future is a question mark as his name continues to be mentioned for NFL openings. So, what are Michigan’s odds of being repeat champions? 

Let’s take a look at the 2025 College Football Playoff national championship odds, according to Caesars Sportsbook. 

Georgia was one game away from its third straight appearance in the College Football Playoff and a chance at a three-peat. 

It wasn’t meant to be as Alabama continued its hot streak in the SEC Championship Game. But was Georgia one of the four "best" teams in the country this season? Probably.

Carson Beck of the Georgia Bulldogs throws a pass in the second quarter against the Florida State Seminoles during the Capital One Orange Bowl at Hard Rock Stadium on December 30, 2023, in Miami Gardens, Florida. (Rich Storry/Getty