CFP Futures Betting Report: 'The Red Raiders Are Our Worst-Case Scenario'

College Football Playoff first-round odds aren’t drawing much action yet, with more than a week until the games commence.

But College Football Playoff championship futures are always intriguing and certainly got a jolt once the 12-team field was set this past Sunday.

Particularly interesting: The best teams also represent the best outcomes at Caesars Sports.

"Right now, we’re sitting really well on our top three: Indiana, Ohio State and Georgia," Caesars head of football trading Joey Feazel said, with one caveat. "Ohio State national championship is on a significant number of parlays.

"In fact, Ohio State represents 50% of money on all parlays that include the national championship winner."

So that makes the Buckeyes not quite as good for the book but potentially really good for parlay bettors.

Bookmakers and sharp bettors offer their insights on College Football Playoff futures odds and the one noteworthy game coming up this weekend.

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Will Tech Wreck Books?

Among the four teams with first-round byes — No. 1 Indiana, No. 2 Ohio State, No. 3 Georgia and No. 4 Texas Tech — the Red Raiders are the trouble spot for Caesars Sports.

Notwithstanding those parlays Feazel alluded to, of course.

"The biggest liability we’re looking at and struggle to stay ahead of is Texas Tech. The Red Raiders are our worst-case scenario," Feazel said.

That’s in part because way back in January, when College Football Playoff futures odds were first posted, Texas Tech was in the range of +15000 long shot. That’s 150/1.

Enough flier bets at those odds can make