2024 College Football Playoff odds: Do lines suggest CFP format is flawed?

When the 12-team College Football Playoff bracket was announced, there was much controversy revolving around who got in and who was left out. 

Then, four first-round blowouts only served to exacerbate that conversation. 

Did the CFP selection committee get it right? Should more SEC teams have made it in the field? Should four of the conference champions have received a first-round bye?

Well, heading into the quarterfinals, the odds say the remaining teams that did not win a conference title — No. 5 Texas, No. 6 Penn State, No. 7 Notre Dame and No. 8 Ohio State — have a better chance at winning the national title than the four remaining conference champions — No. 1 Oregon, No. 2 Georgia, No. 3 Boise State and No. 4 Arizona State

At DraftKings Sportsbook, the at-larges are at -225 to win the CFP, while the conference champions are at +180. 

In addition, of the 16 possible…

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