College Football Playoff big bet tracker: A $1 million payout on Alabama winning the title

Every college football season, we see a wider range and greater amount of bets to win the College Football Playoff at sportsbooks. For some casual bettors, it’s about throwing down a few dollars on their alma mater. For others, it’s about value. And for some, it’s just about throwing a lot of money on a bet to follow for five months.

My favorite wager last year was one bettor who put not one, but two separate wagers on Utah State to win the national championship at 1,000-1 odds (for a very silly reason). Sadly, the Aggies finished 6-7.

There are plenty more this season, leading off with one bettor who has a wager that would win over $1 million if Nick Saban leads the Alabama Crimson Tide to another title.

Below are the biggest college football futures wagers this season. Be sure to check back often, as we’ll keep this page updated throughout the season.

Biggest College Football Playoff bets by liability

1. $205,000 on Alabama Crimson Tide at +600 odds at BetMGM

Total payout: $1,233,000

2. $1,000 on Florida Atlantic at 1,000-1 odds at Caesars Sportsbook

Total payout: $1,000,000

3. $1,000 on Colorado Buffaloes at 250-1 odds at BetMGM

Total payout: $250,000