Penn State overtakes CFP odds, LSU holds steady


Stephen Lew-Imagn Images

As we head into Week 5 of the 2025 college football season, we have a fresh favorite in the CFP Championship odds.

Penn State was second on the board last week, but the Nittany Lions have moved past rival Ohio State (who slipped into a tie for fourth) and ahead of Texas and Oregon, which are tied for second.

There’s not much separating the top-tier teams, as there are six school with odds between 6/1 and 9/1

Here are some notes on the odds changes after Week 4.

CFP

  • Penn State moved past Ohio State as the favorite.
  • Biggest risers:
  • Miami from 12/1 to 9/1.
  • Oklahoma from 25/1 to 16/1.

  • Florida State from 66/1 to 40/1.
  • Missouri from 75/1 to 50/1.

  • Indiana from 125/1 to 40/1.

  • Biggest fallers:
  • Clemson from 40/1 to 750/1.
  • Nebraska 150/1 to 400/1.

  • Baylor from 200/1 to 500/1.

  • Auburn from 40/1 to 66/1.

  • SMU is now off the board.

Heisman

  • John Mateer is still the favorite, but Fernando Mendoza comes out of nowhere to take the second spot on the board.
  • Biggest risers:
  • Fernando Mendoza from 25/1 to 15/2 (+750).
  • Josh Hoover from 50/1 to 12/1.
  • Haynes King from 40/1 to 25/1.

  • Dylan Raiola 40/1 to 66/1.
  • Biggest fallers:
  • Devon Dampier from 18/1 to 66/1.

  • LaNorris Sellers from 66/1 to 100/1.
  • Jackson Arnold from 22/1 to 33/1.

CFP future lines are subject to change and can always be found here: https://www.betonline.ag/sportsbook/futures-and-props/ncaaf-futures/college-football-championship.

Heisman future lines are also subject to change and can always be found here: https://www.betonline.ag/sportsbook/futures-and-props/ncaaf-futures/heisman-trophy.

2025 CFP Championship

Penn State

6/1

Oregon

13/2

Texas

13/2

Georgia

7/1

Ohio State

7/1

Miami Florida

9/1

Alabama

12/1

LSU

12/1

Oklahoma

16/1

Texas A&M

22/1

Ole Miss

28/1

Notre Dame

33/1

Tennessee

33/1

Florida State

40/1

Indiana

40/1

USC

40/1

Missouri

50/1

Texas Tech

50/1

Auburn

66/1

Michigan

66/1

Georgia Tech

100/1

TCU

125/1

Washington

125/1

Louisville

150/1

Arizona State

175/1

Iowa State

250/1

Utah

250/1

Nebraska

400/1

Baylor

500/1

BYU

500/1

Kansas

500/1

Clemson

750/1

2025 Heisman

John Mateer

6/1

Fernando Mendoza

15/2

Carson Beck

9/1

Dante Moore

12/1

Josh Hoover

12/1

Gunner Stockton

14/1

Jeremiah Smith

14/1

Marcel Reed

14/1

Julian Sayin

18/1

Garrett Nussmeier

20/1

Jayden Maiava

20/1

Thomas Castellanos

22/1

Drew Allar

25/1

Haynes King

25/1

Ty Simpson

25/1

Arch Manning

33/1

Beau Pribula

33/1

Jackson Arnold

33/1

Sam Leavitt

40/1

Sawyer Robertson

40/1

Bryce Underwood

50/1

Demond Williams Jr

50/1

Diego Pavia

50/1

Trinidad Chambliss

50/1

Devon Dampier

66/1

Dylan Raiola

66/1

Jalon Daniels

66/1

Jeremiyah Love

66/1

Taylor Green

66/1

Kevin Jennings

75/1

Ahmad Hardy

80/1

Miller Moss

80/1

Behren Morton

100/1

Byrum Brown

100/1

CJ Carr

100/1

LaNorris Sellers

100/1

Rocco Becht

100/1

Ryan Williams

100/1

Matt Moscona

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