As of January 2, 2024, the Michigan Wolverines are the top choice to win the College Football Playoff National Championship, facing off against Washington in a highly anticipated matchup. The latest odds, betting trends, and recent game insights offer plenty of excitement and action for sports bettors to consider.
The Wolverines, coached by Jim Harbaugh, proved their mettle by defeating Alabama in a 27-20 overtime victory at the Rose Bowl. Following the thrilling performance, Michigan has been installed as a 4.5 to 5-point favorite over Washington. ESPN Bet took a massive $1.35 million moneyline bet on Michigan, confirming the widespread attention on the game.
On the other side, Washington’s standout quarterback, Michael Penix Jr., showcased his talent in a dominating performance at the Sugar Bowl. With the Huskies securing a 37-31 victory over Texas, sportsbooks are seeing a surge of interest in the underdog.
For the bigger picture, oddsmakers had a profitable time during the CFP Semifinals, with notable bets and financial action tied to the outcomes. Bookmakers are likely to see even more betting activity as game day approaches, creating a dynamic and compelling backdrop for college football enthusiasts and sports bettors alike. And with Washington joining the Big Ten next season, this may be the last time it’s seen as an underdog in this scenario.