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.

“Colorado is our biggest liability by a lot for the national championship and to win the Pac-12,” Caesars Sportsbook lead college football Joey Feazel told me in August. “Every day more and more Colorado bets come in. The public is happy to come to the window on Colorado.”

Well, after Deion Sanders’ squad pulled off a massive 45-42 outright win Week 1 at TCU as 21-point underdogs, those bets aren’t going to slow down anytime soon.

Below are the biggest college football futures wagers so far to win the 2023 College Football Playoff. 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. $50,000 on Michigan at +850 odds at Caesars

Total payout: $425,000

4. $1,000 on Colorado Buffaloes at 300-1 odds at FanDuel Sportsbook

Total payout: $300,000

5. $1,200 on Colorado Buffaloes at 250-1 odds at Caesars Sportsbook

Total payout: $300,000

6. $1,000 on Colorado Buffaloes at 250-1 odds at BetMGM

Total payout: $250,000

7. $1,000 on USC Trojans at 17-1 odds at FanDuel 

Total payout: $170,000