Arch Manning and Texas are the early favorites to emerge victorious in the College Football Playoff. According to DraftKings Sportsbook, Texas has the highest odds to win a national title at +550. Ohio State follows close behind at +600, while Penn State owns the third-best odds at +700.

Top-ranked Texas is the consensus favorite to win it all, though it’s a crowded field. The Longhorns are +450 favorites at BetMGM Sportsbook, followed by third-ranked and defending champion Ohio State (+525). Four other teams — No. 2 Penn State, No. 4 Clemson, No. 5 Georgia and No. 7 Oregon — are between 7-1 and 9-1.