2024 College Football Championship odds: Texas favored

The first round of the College Football Playoff is in the books. Now, it's on to the quarterfinals. 

Eight teams remain in the CFP. Let's check out the latest odds from DraftKings Sportsbook as of Dec. 23.

CFP NATIONAL CHAMPIONSHIP ODDS: 

Texas Longhorns: +330 (bet $10 to win $43 total)
Ohio State Buckeyes: +360 (bet $10 to win $46 total)
Oregon Ducks: +425 (bet $10 to win $52.50 total)
Penn State Nittany Lions: +500 (bet $10 to win $60 total)
Notre Dame Fighting Irish: +550 (bet $10 to win $65 total)
Georgia Bulldogs: +550 (bet $10 to win $65 total)
Boise State: +7000 (bet $10 to win $710 total)
Arizona State: +7000 (bet $10 to win $710 total)

Texas is the title favorite, with Ohio State and Oregon just behind it, as the Longhorns' 38-24 win over Clemson catapulted them to the top of the oddsboard.

Ohio State blasted Tennessee 42-17 in the first round, putting a cap on the first round.

All four home teams won by an average margin of 19.3 points per game.

Of the top six teams on the oddsboard, only two are conference champions — Oregon in the Big Ten and Georgia in the SEC. 

Mountain West champion Boise State is seventh and Big 12 winner ASU is eighth.

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