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Breaking down the most likely College Football Playoff combinations

Let's talk College Football Playoff combinations.

With the playoff picture starting to come into focus now, there are specific playoff foursomes that now have a non-trivial chance of occurring. The most likely combination of four teams being selected by the playoff committee -- more on that in a minute -- has a 1-in-10 chance of coming to fruition, according to the Allstate Playoff Predictor. There are now seven combinations with at least a 1-in-20 shot.

So let's break them down. What are the most likely sets of four-team playoff combinations, how likely are they, and how does that combo come to be the one ultimately picked on selection day?