Sports betting: The top five teams in the CFP rankings are -1200 or better to make the playoffs

1 of 12 |

Oregon wide receiver Traeshon Holden reacts after making a catch for a first down against Michigan in the second half of an NCAA college football game, Saturday, Nov. 2, 2024, in Ann Arbor, Mich. Oregon defeated Michigan 38-17. (AP Photo/Jose Juarez)

2 of 12 |

Ohio State linebacker Cody Simon (0) celebrates after defeating Penn State 20-13 in an NCAA college football game, Saturday, Nov. 2, 2024, in State College, Pa. (AP Photo/Barry Reeger)

3 of 12 |

Georgia quarterback Carson Beck (15) throws a pass during the second half of an NCAA college football game against Florida, Saturday, Nov. 2, 2024, in Jacksonville, Fla. (AP Photo/John Raoux)

4 of 12 |

Miami linebacker Cam Pruitt, left, celebrates with linebacker Francisco Mauigoa, right, after recovering a Duke fumble during the second half of an NCAA college football game, Saturday, Nov. 2, 2024, in Miami Gardens, Fla. (AP Photo/Lynne Sladky)

5 of 12 |

Texas linebacker Liona Lefau, left, makes an interception against Vanderbilt during the second half of an NCAA college football game Saturday, Oct. 26, 2024, in Nashville, Tenn. (AP Photo/George Walker IV)

6 of 12 |

Penn State kicker Ryan Barker (94) celebrates with teammates after kicking a field goal during the second half of an NCAA college football game against Ohio State, Saturday, Nov. 2, 2024, in State College, Pa. (AP Photo/Barry Reeger)

7 of 12 |

Tennessee quarterback Nico Iamaleava (8) throws to a receiver during the second half of an NCAA college football game against Kentucky, Saturday, Nov. 2, 2024, in Knoxville, Tenn. (AP Photo/Wade Payne)

8 of 12 |

Indiana running back Ty Son Lawton (17) runs against Michigan State defensive back Angelo Grose (15) and defensive back Charles Brantley (0) during the first half of an NCAA college football game, Saturday, Nov. 2, 2024, in East Lansing, Mich. (AP Photo/Al Goldis)

9 of 12 |

BYU safety Faletau Satuala (10) is tackled by tight end Evan Morris, behind, after interception during the second half of an NCAA college football game, Saturday, Oct. 26, 2024, in Orlando, Fla. (AP Photo/Kevin Kolczynski)

10 of 12 |

Notre Dame linebacker Jaylen Sneed (3) reacts after recovering a fumble in the end zone for a touchdown during the second half of an NCAA college football game against Navy, Saturday, Oct. 26, 2024, in East Rutherford, N.J. Notre Dame won 51-14. (AP Photo/Adam Hunger)

11 of 12 |

Alabama quarterback Jalen Milroe looks to throw against Missouri during the second half of an NCAA college football game, Saturday, Oct. 26, 2024, in Tuscaloosa, Ala. (AP Photo/Vasha Hunt)

12 of 12 |

Boise State running back Ashton Jeanty leaps over San Diego State cornerback Chris Johnson during the second half of an NCAA college football game Friday, Nov. 1, 2024, in Boise, Idaho. (Kyle Green/Idaho Statesman via AP)

By RYAN HANNABLE of BetMGM Sportsbook

The top five teams in the College Football Playoff rankings are all -1200 or better to make it into the 12-team field, according to the BetMGM Sportsbook.

The selection committee released its first rankings of the season on Tuesday with Oregon at No. 1, followed by Ohio State, Georgia, Miami and Texas.

The remaining seven teams that currently would compete in the expanded playoff at the end of the season are Penn State, Tennessee, Indiana, BYU, Notre Dame, Alabama and Boise State.

The new format requires the top four teams to be conference champions, so as of now Oregon ( Big Ten ), Georgia ( Southeastern Conference ), Miami (Atlantic Coast Conference) and BYU ( Big 12 ) would receive first-round byes.

As it stands, the first-round matchups would be: Boise State at Ohio State; Alabama at Texas; Notre Dame at Penn State; and Indiana at Tennessee.

Odds to make the college football playoff

Behind the top five, No. 12 Boise State has the seventh-shortest odds to make the playoff at -250. BYU was ranked No. 9, but they have the 11th-best odds at -155.

SMU was the final team out at No. 13, and its odds are the 13th shortest at -105. Coming in at No. 14, Texas A&M has the 19th-best odds at +350.

College football national championship odds

As of Wednesday, Ohio State has the best odds to win the national championship at +350, followed by Georgia at +450. And despite being No. 1 in the rankings, Oregon has the third-best odds at +450.

Texas (+550), ranked No. 5, is the only other team with odds shorter than +1000.

When it comes to betting, the public is also favoring the Buckeyes. Ohio State is drawing the most money (18.5%) on the most tickets (14.2%).

Georgia is drawing the second-most money (16.9%) on the third-most tickets (10.9%), while Texas is pulling in the third-most money (11.5%) on the second-most tickets (11.6%).

___

This column was provided to The Associated Press by BetMGM online sportsbook.

___

Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football