Although Indiana just beat Ohio State on a neutral field to win the Big Ten Championship, the Hoosiers are a consensus underdog to the Buckeyes when it comes to winning the national title.
Surveying six different online gambling sites — Bet365, MGM, DraftKings, Caesers, FanDuel and Bet Rivers — Indiana has the second-best odds as of Friday morning at each outlet to win the 2025 national championship. Ohio State has the consensus best odds, and Georgia the third-best.
The consensus national champion odds at Action Network has Ohio State at +222, Indiana at +280, and Georgia at +550.
Indiana is the No. 1 team in the College Football Playoff, AP Top-25, and Coaches Poll. The Hoosiers beat Ohio State for the first time since 1988 on Saturday in Indianapolis.
Ohio State would likely have to beat Georgia in the national semifinal to reach the national championship game. Indiana would likely have to beat either Oregon or Texas Tech, the teams with the fourth and fifth-best odds, respectively.
Against its potential quarterfinal round opponents at the Rose Bowl on Jan. 1, Indiana is around a 6.5-point favorite over Alabama, and a 9.5-point favorite over Oklahoma.
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