Ohio State was the favorite to defend its college football title, but the Buckeyes were upset by Miami Wednesday and they're out of the 12-team College Football Playoff. There's a new No. 1 betting favorite now to win it all, and that's the No. 1 seeded Indiana Hoosiers. Here are the latest odds.
From the first week of the college football season, it looked like Ohio State was poised to repeat as national champions. They were ranked No. 1 all year after beating Texas in Week 1, and the polls stayed that way until the end, when they lost to Indiana in the Big Ten Championship Game on Dec. 6.
The Hoosiers got the No. 1 seed in the 12-team College Football Playoff, but the Buckeyes didn't fall far, securing the No. 2 spot. Despite that, it was Ohio State that was the betting favorite going into the postseason, according to the folks at gambling website Fanduel.com.
But 2024 champion Ohio State was upset on Wednesday night in a quarterfinal game at the Cotton Bowl in Arlington, Texas, losing to No. 10 seed Miami 24-14 despite being a 9.5-point favorite. It was the biggest upset ever since the tournament expanded.
With Ohio State out, there's a new favorite now.
It's unbeaten Indiana, who is 14-0 and routed Alabama 38-3 in the Rose Bowl on Thursday. The semifinals are now set, with Miami (12-2) taking on Ole Miss (13-1) on Thursday night in Glendale, Ariz., and Indiana (14-0) meeting Oregon (13-1) in Atlanta, Ga., on Friday night.
The national championship game is set for Monday, Jan,. 19 at Hard Rock Stadium in Miami Gardens, Fla.
Here are the latest odds from Fanduel.
Odds to win national title
* No. 1 seed Indiana Hoosiers — plus-145
* No. 5 seed Oregon Ducks — plus-320
* No. 10 seed Miami Hurricanes — plus-330
* No. 6 seed Ole Miss Rebels — plus-570
Semifinal game odds
* The Miami Hurricanes are 3.5-point favorite over the Ole Miss Rebels in the Fiesta Bowl game on Thursday night at State Farm Stadium in Glendale, Ariz. The over/under is 51.5. The money line odds are Miami at minus-156 and Ole Miss is plus-130. The game is at 7:30 p.m. ET. TV: ESPN.
* The Indiana Hoosiers are 4.5-point favorite over the Oregon Ducks in the Peach Bowl game on Friday night at Mercedes-Benz Stadium in Atlanta, Ga. The over/under is 47.5. The money line odds are Indiana at minus-192 and Oregon is plus-158. The game is at 7:30 p.m. ET. TV: ESPN.
Potential national title game matchups
* Indiana would be a 4.5-point favorite over Miami
* Indiana would be a 7.5-point favorite over Ole Miss
* Oregon would be a 2.5-point favorite over Miami
* Oregon would be a 3.5-point favorite over Ole Miss
Title game exactas
Indiana to beat Miami: plus-290
Indiana to beat Ole Miss: plus-380
Miami to beat Indiana: plus-600
Miami to beat Oregon: plus-800
Oregon to beat Miami: plus-650
Oregon to beat Ole Miss: plus-800
Ole Miss to beat Indiana: plus-1000
Ole Miss to beat Oregon: plus-1300
Playoff results vs. the spread thus far
First round
* No. 9 seed Alabama Crimson Tide defeated No. 8 seed Oklahoma Sooners 34-24 on Friday, Dec. 19 at Memorial Stadium in Norman, Okla. Point spread: Alabama won as a 1.5-point underdog.
No. 10 seed Miami Hurricanes defeated No. 7 seed Texas A&M Aggies 10-3 on Saturday, Dec. 20 at Kyle Field in College Station, Texas. Point spread: Miami won as a 3.5-point underdog.
No. 5 seed Oregon Ducks defeated No. 12 seed James Madison Dukes 51-34 on Saturday, Dec. 20 in Eugene, Ore. Point spread: Oregon did not cover as a 20.5-point favorite.
No. 6 seed Ole Miss Rebels defeated No. 11 seed Tulane Green Wave 41-10 on Saturday, Dec. 20 at Vaught-Hemingway Stadium in Oxford, Miss. Point spread: Ole Miss covered a 17.5-point favorite.
Quarterfinals
No. 10 seed Miami Hurricanes defeated No. 2 seed Ohio State Buckeyes 24-14 on Wednesday, Dec. 31 in the Goodyear Cotton Bowl Classic at AT&T Stadium in Arlington, Texas. Point spread: Miami won as a 9.5-point underdog.
No. 5 seed Oregon Ducks defeated No. 4 seed Texas Tech Red Raiders 23-0 on Thursday, Jan. 1 in the Capital One Orange Bowl at Hard Rock Stadium in Miami Gardens, Fla. Point spread: Oregon covered as a 2.5-point favorite.
No. 1 seed Indiana Hoosiers defeated No. 9 seed Alabama Crimson Tide 38-3 on Thursday, Jan. 1 in the Rose Bowl at the Rose Bowl in Pasadena, Calif. Point spread: Indiana covered as a 6.5-point favorite.
No. 6 seed Ole Miss Rebels defeated No. 3 seed Georgia Bulldogs 39-34 on Thursday, Jan. 1 in the Allstate Sugar Bowl at Caesers Superdome in New Orleans, La. Point spread: Ole Miss won as a 6.5-point underdog.
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TOM BREW COLUMN: Indiana played like the No. 1 team in the nation at the Rose Bowl Thursday, destroying Alabama 38-3 to advance to the College Football Playoff semifinals. They whipped up on their opponent like Alabama's done to others for decades. This year's Indiana team is simply that good. They proved it again. READ MORE