2022 College Football Playoff odds: Bettors hammering favored Michigan, Georgia on spread in New Year's Eve semifinals, history suggests blowouts

Bettors are hammering favored Michigan and Georgia on the spread in the College Football Playoff national semifinals. Michigan is 13-0 for the first time in school history and in a playoff for only the second time. TCU is the only Big 12 team to reach the playoff. Georgia is looking to become the the repeat champion in this era. Ohio State hasn't won it since the 2014 season. The total is 58.5 with 57% of the bets and 54% on bets on over. On the moneyline, TCU opened +290 but is now +240. The game will be broadcast on ESPN.