National Championship Odds: Favorites ranked after 2025 Preseason Coaches Poll released

The first official preseason poll of the 2025 college football season was released Monday with USA Today’s Coaches’ Preseason Top 25 poll, in which even the coaches believe Texas is back as a perennial national championship contender. The Associated Press’ Top 25 preseason poll, as voted on by media, is expected to be released next week.

In the meantime, the oddsmakers at BetMGM have shaken things up a bit with its latest 2025 National Championship odds, which tend to mostly mirror USA Today’s Preseason Top 25 poll with a few exceptions. Much like the college football coaches, BetMGM’s oddsmakers are all-in on the Longhorns to finally break through and win its first national title in 20 years.

Of course, there’s still plenty of love for reigning national champion Ohio State as well as the last back-to-back champ in Georgia (2021-22) and the Big Ten team with a loaded roster that could rival last year’s Buckeyes in Penn State.

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College Football Rankings: Joel Klatt releases preseason top 25 teams