Bettor Unloads on Texas to Win National Championship, Would Net $5 Million-Plus

Texas Longhorns quarterback Quinn Ewers (3) passes the ball against Kentucky Wildcats in the first quarter during the first half of an NCAA college football game at Darrell K Royal Texas Memorial Stadium, Austin, Texas, Saturday, Nov 24, 2024. | Ricardo B. Brazziell/American-Statesman / USA TODAY NETWORK via Imagn Images

Ahead of the SEC Championship Game which could have massive implications as to Texas’ seed in the College Football Playoff, a bettor came in big on the Longhorns. 

One sports bettor put $1.5 Million on Texas to win the National Championship at Caesars Sportsbook that would net the bettor $5.85 Million if the Longhorns won the first ever 12-team College Football Playoff. 

Texas is a small favorite against Georgia in the SEC Championship Game, and with a win should secure a top two seed in the CFP with a BYE as well. If Oregon were to lose to Penn State in the Big Ten Championship Game, Texas would likely jump to the No. 1 overall seed. 

One bettor at @CaesarsSports in Louisiana wagered $1.5 MILLION on the Texas Longhorns to win the @CFBPlayoff at +390 odds

Bet would win $5.85M

— Ben Fawkes (@BFawkes22) December 7, 2024

Upon the news of the Texas bet, the team has now become the lone favorite to win the title, ahead of Oregon. The Longhorns are now +350 to win it all.

The Longhorns are the betting favorite to win the National Championship and money is pouring on Steve Sarkisian’s bunch to continue its upward trajectory with a National Championship after making the SEC title game in its first year in the league. 

Below, you will find the updated National Championship odds ahead of the SEC Championship Game.

2024 National Championship Odds

• Texas: +350
• Oregon: +375
• Georgia: +450
• Ohio State: +450
• Notre Dame: +800
• Penn State: +1000
• Alabama: +1200
• Tennessee: +1800
• SMU: +2800
• Indiana: +4000
• Boise State: +5000
• Arizona State: +6000
• Clemson: +7000

Odds courtesy of Caesars Sportsbook

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Game odds refresh periodically and are subject to change.

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