Field Level Media
20 Jan 2026, 12:35 GMT+10
(Photo credit: James Lang-Imagn Images)
Sportsbooks aren't ruling out another chapter in the Indiana fairy tale, as the Hoosiers rank among the favorites to win the 2026-27 College Football Playoff national championship.
Indiana completed its rise from being one of major college football's perennial doormats to being the country's best by beating Miami 27-21 on Monday in the CFP final at Miami Gardens, Fla.
Hoosiers junior quarterback Fernando Mendoza is expected to be the No. 1 overall pick in this year's draft, leaving a big gap for the new champs.
Still, DraftKings lists the past two CFP champs, Indiana and Ohio State, as co-favorites for next season at +700.
FanDuel puts Ohio State as a co-favorite, at +650, but level with Notre Dame, which felt snubbed by not making the 12-team CFP field in the just-concluded season. The Hoosiers are a +700 third choice at FanDuel.
Notre Dame and Texas have the third-shortest odds at DraftKings (+750), which then has Oregon (+850), Georgia (+900), LSU (+1200), Texas Tech (+1400), Texas A&M (+1600), Alabama (+1800) and Miami (+2000).
Texas is the fourth choice on the FanDuel board at +750. The Longhorns are followed by Oregon (+900), Georgia (+1100), LSU (+1400), Texas A&M (+1500), Texas Tech (+1600), Miami (+1900) and Alabama (+2200).
The first 44 teams on FanDuel's list come from the power conferences before South Florida (+60000) ranks as the best of the rest. Boise State is the top non-power conference team at DraftKings, tied for 43rd on the board at +30000.
--Field Level Media
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