College Football Playoff futures odds: Newly top-ranked Georgia is new favorite for national championship; Alabama cannot afford another loss

There's a new No. 1 team in the country and a new betting favorite to win the College Football Playoff: Georgia.
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It was quite a memorable Week 6 around college football, with the obvious big news being Alabama's stunning 41-38 loss at Texas A&M – blowing a 38-31 lead with around three minutes left. It ended the Tide's amazing streak of 100 straight victories against unranked opponents. It also dropped Nick Saban's team from No. 1 to No. 5 in the new AP Top 25 and to a +200 second-favorite at Caesars Sportsbook to win the national title. Georgia is the new No. 1 in the polls and a +140 title favorite.

It's the first time since 2008 that UGA is No. 1 in the AP Top 25 and the Dawgs held it for just one week then (preseason). Georgia already owns wins over then-No. 3 Clemson, then-No. 8 Arkansas and this past Saturday, 34-10 at then-No. 18 Auburn. The Tigers came in averaging 40 points per game but were stifled by the nation's No. 1 defense. Georgia has given up just 33 points overall, the lowest six-game total for the school since 1935.

UGA starting QB JT Daniels missed another game with a lat injury but might be back for another big test this Saturday at home vs. No. 11 Kentucky. Georgia opened as a 23.5-point favorite with first place in the SEC East on the line. Every other school in the division/league has at least one conference loss. Kentucky is 6-0 for the first time since 1950 and 4-0 in the SEC for the first time since 1977. Saturday's game is on CBS at 3:30 p.m. ET. To win the SEC title, Georgia is a -130 favorite and Kentucky +6000.

Alabama was -19 at Texas A&M, marking the second-largest upset of Saban's coaching career. In 2007, Saban's first season at the school, the Tide lost to Louisiana-Monroe as 24.5-point favorites. Alabama was the 40th ranked team to lose this season, the most ever through six weeks in the history of the AP poll. It is out of the top three for the first time since 2019. Bama is at Mississippi State on Saturday and opened at -17.

A few sites have the Tide and Georgia priced -200 to win the national title against the field at +175.

Keep in mind that no two-loss team has made the playoff yet, so it would be very interesting to see what the College Football Playoff committee would do with Alabama if it lost again to Georgia in the SEC title game. If the Dawgs reach that unbeaten and the Tide with just the one loss and Bama wins the game (+110 to win conference title), then the SEC is basically a lock to get both in the playoff.

The only other school below +1000 to win the national title is one-loss Ohio State at +900. Then there's a drop-off to unbeaten Oklahoma at +1400.

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