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By Max Meyer

We’re over a month into this college football campaign, and national title futures at Caesars Sportsbook look pretty different from where they were before opening kickoff.

While the preseason favorite is still atop the board, half of the teams that had the eight lowest title odds heading into the season are now at 80/1 or higher to win it all. Additionally, a preseason 50/1 longshot has entered the conversation by currently possessing the fifth-lowest title odds.

Defending champion Alabama came into the season as the +260 favorite to repeat, followed by Clemson (+400), Ohio State (+600), Oklahoma (+750) and Georgia (+750). The only other teams that had odds of 30/1 or lower were Iowa State (28/1), Texas A&M (30/1) and LSU (30/1).

Now Alabama and Georgia have separated themselves from the pack, as the two SEC foes are at +175 and +225 respectively. Ohio State has the third-lowest odds at 14/1, with Oklahoma (15/1) and Oregon (16/1) right behind. The Ducks were tied with USC, Texas, North Carolina and Wisconsin at 50/1 ahead of the start of the season.

Meanwhile Clemson, Iowa State and Texas A&M all lost this past weekend, as the Tigers and Cyclones picked up a dreaded second loss. As a result, those three teams’ title odds shifted dramatically: Clemson went from 10/1 to 80/1, Texas A&M swung from 40/1 to 100/1 and Iowa State shifted from 100/1 to 300/1.

“You can just see how when a team gets a lot of their players get drafted, it’s not always the easiest transition for the next guys up,” said Craig Mucklow, Vice President of Trading for Caesars Sportsbook. “Clemson will probably bounce back next year, but right now it feels like a two-horse race for the title. No one has been betting them at 80/1, just because of how tough it is to make it to the Playoff with two losses. And if they lose again, they’re toast. People just realize Clemson isn’t going to be competing this year.”

Penn State and Notre Dame are next at 30/1 each, with Ole Miss dropping down to 40/1. Then two squads are at 50/1 (Cincinnati and Iowa) and another two are at 60/1 (Florida and Michigan).

“Among the longer shots, Michigan has continued to see some money,” Mucklow said. “It’s been two reasons—one they’ve looked very impressive so far and obviously we have a presence in Michigan so we’ll always take action there from fans placing them. There’s a great opportunity for a team like Michigan to sneak into the Playoff with Clemson faltering and if Oklahoma loses a game it would become really interesting. Michigan is high up for us in liability. We’re not too concerned about them just yet, but we see action for them every week and until they lose that will continue.”

In terms of betting action, there are three teams that have each attracted a double-digit percentage for total number of tickets and total dollars wagered for Caesars Sportsbook’s college football championship futures.

Alabama leads the way in both categories, snagging 12% of the total number of tickets and 23% of the total dollars wagered. One Colorado bettor placed $10,113.13 on Alabama +220 for a total potential payout of $32,362.02, which is the largest college football title bet taken so far this season at Caesars Sportsbook.

Oklahoma and Georgia are neck-and-neck for second and third. The Sooners have captured 11% of the total number of tickets and 15% of the total dollars wagered, whereas the Bulldogs have reeled in 10% and 14% respectively.

There have been a few wagers placed during the season with notable potential payouts.

An Arizona bettor laid $5,000 on Oregon 20/1 and would see a $105,000 payday if the Ducks won their first-ever title. A Michigan bettor staked $1,000 on Ole Miss 100/1 ($101,000 total potential payout) last week before the Rebels’ odds fell all the way down to 40/1. A Nevada bettor has $700 on Texas 150/1 for a total potential payout of $105,700, and the Longhorns now reside at 80/1 at Caesars Sportsbook.

Check out Caesars Sportsbook’s latest trends for college football national championship futures below.