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Alabama opens as rare underdog versus Michigan in Rose Bowl

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Sportsbooks have installed Michigan as a slight favorite over Alabama in their College Football Playoff semifinal on New Year's Day at the Rose Bowl.

The Wolverines opened as 2-point favorites over the Crimson Tide on Sunday at ESPN BET. Michigan also was installed as the national championship favorite, at +175, followed closely by Alabama (+200). Texas and Washington, who will meet in the other semifinal at the Sugar Bowl, opened at +275 and +700, respectively.

If the point spread on the Rose Bowl holds with Michigan as the favorite, it would mark the first time in 77 games that the Crimson Tide would be an underdog vs.