2023 National Championship odds: Michigan passes Georgia as the favorite to win it all

After Week 8, the odds of winning the College Football Playoff National Championship were updated for the 2023 season, and Georgia is no longer at the top of the list. According toCaesars, Georgia is now listed at 14/5 odds (+280) to win the title this season, meaning the implied probability of them winning it all is 26.32%. Michigan is given 11/5 (+220), meaning the implied probability of the Wolverines winning it all is 31.25%. Georgia entered the season with 11/5 (+220) odds, making the two-time defending national champions Georgia the favorite to win a third straight title. They were followed by Alabama at +600 and Ohio State at +750.

The rest of the odds are below.

ODDS TO WIN 2023 CFP NATIONAL CHAMPIONSHIP GAME

Michigan -- 11/5

Georgia -- 14/5

Florida State -- 6/1

Ohio State -- 15/2

Oklahoma -- 10/1

Washington, Alabama -- 12/1

Texas, Oregon -- 22/1

LSU -- 30/1

Penn State -- 40/1

Utah -- 100/1

The Dawgs went 14-1 in 2021, making the College Football Playoff and becoming the first No. 3 seed to win the national championship. Then Georgia went 15-0 in 2022, winning its second SEC Championship under Smart and its fourth-straight New Year's Six bowl game, with Smart earning his 13th, 14th, and 15th wins over a top 10 opponent in the march to back-to-back titles. Georgia was able to do something in January that had not been done in nine years, winning back-to-back National Championships after taking TCU down 65-7 in the CFP title game. That win made them the 11th team and eighth program to have won repeat national championships since the start of the modern era in 1936. 

Georgia, at 7-0, is preparing to take on Florida in Jacksonville, Fla. this Saturday. Michigan, at 8-0, is on bye this week, with a home game against Purdue set for Nov. 4.

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