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Alabama Football: National Championship odds and do they matter

The betting site Bovada has Alabama football and Clemson as 2019 National Championship co-favorites, based on preseason odds. Both teams are listed at +250, meaning a one hundred dollar bet pays those correctly picking the National Championship winner, two-hundred and fifty dollars.

Last season the preseason odds for the Alabama Crimson Tide were +175 and Clemson was +400. Georgia and Ohio State were next at +600, followed by Michigan at +1000.

In the seventeen seasons going back to 2002, the preseason odds-favorite won the National Championship game eight times out of 17 contests. An 8-9 record for the oddsmakers may not seem impressive, but it is the opposite.