Preseason Odds
- As of Jul 15, 2007
| Championship Odds | Record | |
|---|---|---|
| USC | +250 | 11-2 |
| Michigan | +700 | 9-4 |
| Florida | +700 | 9-4 |
| LSU | +800 | 12-2 |
| West Virginia | +800 | 11-2 |
| Oklahoma | +1000 | 11-3 |
| Texas | +1000 | 10-3 |
| Louisville | +1800 | 6-6 |
| Missouri | +2500 | 12-2 |
| Virginia Tech | +2500 | 11-3 |
| Penn State | +3000 | 9-4 |
| Ohio State | +3000 | 11-2 |
| Florida State | +3000 | 7-6 |
| Miami (FL) | +3000 | 5-7 |
| Wisconsin | +3000 | 9-4 |
| Nebraska | +4000 | 5-7 |
| UCLA | +4000 | 6-7 |
| Georgia | +4000 | 11-2 |
| Tennessee | +4500 | 10-4 |
| Texas A&M | +5000 | 7-6 |
| Arkansas | +5000 | 8-5 |
| California | +6000 | 7-6 |
| Notre Dame | +6000 | 3-9 |
| Alabama | +7500 | 7-6 |
| Auburn | +7500 | 9-4 |
| Oregon | +7500 | 9-4 |
| South Carolina | +7500 | 6-6 |
| Iowa State | +10000 | 3-9 |
| Arizona State | +10000 | 10-3 |
| Clemson | +10000 | 9-4 |
| Boise State | +10000 | 10-3 |
| Rutgers | +10000 | 8-5 |
| Texas Christian | +10000 | 8-5 |
| Iowa | +10000 | 6-6 |
| Oregon State | +20000 | 9-4 |
| Boston College | +20000 | 11-3 |
| BYU | +20000 | 11-2 |
| Texas Tech | +20000 | 9-4 |
| Colorado | +20000 | 6-7 |
| Wake Forest | +30000 | 9-4 |
| Arizona | +30000 | 5-7 |
| South Florida | +30000 | 9-4 |
| Pitt | +30000 | 5-7 |
| Oklahoma State | +30000 | 7-6 |
| North Carolina State | +30000 | 5-7 |
| Georgia Tech | +30000 | 7-6 |
| Maryland | +30000 | 6-7 |
| Hawaii | +30000 | 12-1 |
| Kansas State | +30000 | 5-7 |
| Purdue | +50000 | 8-5 |
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