By Only Players Staff
Updated 12/31/24 7:08am ET
After a relatively dominant victory in the first round of the CFP, #5 Texas is the +320 championship favorite at DraftKings.
The Longhorns are the largest favorite in the quarterfinals, pegged as 12.5-point favorites over #4 Arizona State in the Peach Bowl. The spread reached as high as 14 before respected bettors backed the Sun Devils.
The second favorite is Ohio State with +340 odds. The Buckeyes are only 2.5-point favorites over #1 Oregon in the Rose Bowl, despite losing to the Ducks in Eugene earlier this season. Oregon is the third favorite with +450 odds.
After dominating SMU, #6 Penn State is an 11.5-point favorite over #3 Boise State in the Peach Bowl. The Nittany Lions are the fourth title favorite with +500 title odds.
Georgia is next with +500 odds, although quarterback Carson Beck is out for the season. Gunner Stockton will make his first career start against Notre Dame.
The Irish are next with +600 odds. The Bulldogs are 1-point favorites over in the Sugar Bowl.
#3 Boise State (+7000) and #4 Arizona State (+7000) had byes and are the two largest longshots. The Broncos and Sun Devils received those automatic byes by winning their respective conferences.