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Ohio State jumps Alabama to become 2016 championship betting favorite

Bettors are unfazed by the Buckeyes' major roster turnover.

Mark J. Rebilas-USA TODAY Sports

Despite a mass exodus of talent to the NFL Draft, Ohio State has jumped Alabama as Las Vegas' current favorite to win the College Football Playoff next season, according to odds out Monday from Bovada.

2016 College Football Playoff victory odds, as of Feb. 15
Team Odds Team Odds
Ohio State 6/1 Michigan State 25/1
Alabama 7/1 Auburn 33/1
Clemson 15/2 Georgia 33/1
Michigan 15/2 Oregon 33/1
LSU 14/1 TCU 33/1
Oklahoma 14/1 UCLA 33/1
Tennessee 14/1 USC 33/1
Baylor 16/1 Florida 40/1
Notre Dame 16/1 Houston 50/1
Stanford 16/1 Louisville 50/1
Florida State 20/1 Oklahoma State 50/1
Ole Miss 20/1 Washington 50/1

The Buckeyes are losing an enormous amount of high-end talent, probably more than any other program in the country. They're in position to have more than 20 players drafted, breaking their own record of 14 in 2004. That makes it all the more impressive that they're topping championship conversations this far ahead of next season.

The Crimson Tide were bettors' top title pick a month ago, and they're now No. 2 behind Ohio State. Clemson and Michigan round out the top four, each at 15/2, with LSU, Oklahoma and Tennessee following from there at 14/1.

The Wolverines' odds have jumped quite a bit. Before National Signing Day, Bovada had Michigan at 12/1 odds, but that's gone to 15/2 after Jim Harbaugh inked an elite 2016 recruiting class.

Of all the teams with odds pegged at 50/1 or better, just one, Houston, comes from outside the Power 5 conferences.