Georgia leads the 2027 national championship market at 34.5% implied probability after an 8-1 or 9-1 start, a return to No. 1 in the College Football Playoff rankings, and dominant recent wins including a 42-7 rout of Ole Miss, following an earlier loss to Auburn. Trader consensus reflects the Bulldogs’ SEC depth, offensive efficiency, and a loaded 2027 recruiting class highlighted by the flip of the nation’s top offensive tackle. Notre Dame sits at 16% after an 8-1 campaign and a signature victory over Miami that strengthened its resume and playoff positioning. Alabama has climbed to 11.6% on the strength of a 31-13 win at LSU and improved ranking, while Texas and Miami hold steady near 10-11% amid strong 2026 form and elite incoming talent. Indiana’s 6.8% share aligns with its continued top-10 standing and prior championship pedigree. These probabilities track recent on-field results, roster continuity, and recruiting momentum more than distant historical factors.