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2016 College Football Playoff title odds released

The Alabama Crimson Tide were crowned the College Football Playoff champions after defeating Clemson on Monday night, which means that it is already time to discuss the favorites to win the 2016 national title.

The online betting site Bovada released its 2016 College Football Playoff Championship odds on Wednesday, and the LSU Tigers find themselves near the top of the list.

Bovada has given LSU 14-to-1 odds to win the national title, tied for the sixth-highest in the country.

Defending national champion Alabama tops the list with 7-to-1 odds, followed by Clemson at 15-to-1. Baylor, Michigan and Ohio State were all given 12-to-1 odds, rounding out the top-5.