As the final month of the regular season approaches, the College Football Playoff picture is starting to clear up. That is, until inevitable upsets shake things up again.

Ohio State remains the clear favorite to win the national title with +250 odds. The No. 1 Buckeyes, who were on bye this past week, are essentially locked into the CFP. For the second straight week, they are the only contender off the board to make the Playoff on BetMGM.

Indiana blew away UCLA 56-6 and actually passed Alabama for second in the odds to win the national title. Alabama nearly lost at South Carolina, showing the Crimson Tide’s issues against unranked opponents under Kalen DeBoer apparently still remain. In DeBoer’s less than two years in charge, Alabama is a ridiculous 7-1 against ranked opponents and a far less impressive 9-4 against unranked opponents. With two touchdowns in the final three minutes, Alabama escaped with a 29-22 win, but was dinged in the odds, dropping from +600 to +800.

Indiana moved up from +900 to +700. The Hoosiers are slowly gaining more respect, one blowout against overmatched opposition at a time.

Texas A&M moved into fourth all by itself after its blowout win at LSU. The undefeated Aggies are +900 to win the title, which was only a modest move from +1000 a week ago. Georgia and Oregon remain at +1000. Notre Dame has now joined that group at +1000.

As for the odds to make the 12-team Playoff, the big movement was for Texas A&M and Ole Miss. Both teams cleared road hurdles against ranked opposition (well, formerly ranked in LSU’s case). The Rebels won at Oklahoma in a meeting of 6-1 teams. The win moved Ole Miss’s odds from -125 to -300. The Rebels don’t play another ranked opponent, have three of the final four games at home and can probably afford one more loss. It’s looking good.

For the Aggies, it put them in virtual lock territory. A&M is now -3000 to make the CFP, which implies the Aggies have a greater than 96 percent chance to make the cut.

The three remaining power conference undefeated teams (Ohio State, Indiana, Texas A&M) should all be penciled in at this point.

Even with the scare at South Carolina, Alabama is still in a strong position at -750. The one-loss Crimson Tide are off this week and still play LSU, Oklahoma and Eastern Illinois at home as well as a game at Auburn to close. A 3-1 record in that stretch, all games the Tide will likely be favored in, gets Alabama in. Still, the road scare dropped Bama’s odds from -1400 to -750. It’s still more than likely, but it’s plausible things get weird.

The next four teams all have -300 odds: Ole Miss, as discussed, plus Oregon, Georgia and Notre Dame.

Oregon is becoming more and more interesting. The Ducks won 21-7 against Wisconsin, which is 0-5 in the Big Ten. The game was in Oregon. Is it time to have a conversation about the Ducks?

Oregon’s best win remains 5-3 Northwestern, but the schedule gets harder the rest of the way. The last four games (at Iowa, vs. Minnesota, vs. USC, at Washington) are all against teams with winning records in the Big Ten. It’s not elite competition, but if Oregon can only beat Wisconsin by 14 at home, those games could pose a challenge.

The betting market still has confidence in the Ducks, but -300 is a drop from last week’s -400 and shows there is an opening for things to go wrong in Eugene.

Georgie and Notre Dame were both on bye. The Fighting Irish kept -300 odds while Georgia fell a bit from -325.

The last two teams with minus odds to make the CFP are Miami (-235) and Texas Tech (-210). Miami was tied at halftime against Stanford at home, but pulled away for a 42-7 win. Tech destroyed hapless Oklahoma State 42-0, but lost quarterback Will Hammond to injury. Behren Morton, who began the season as the starter before getting injured, is set to return, so the Red Raiders could be OK, but it’s not a fun feeling having multiple quarterbacks deal with injuries.

As things stand, 10 teams are currently favored to make the CFP. The American winner is likely to get the fifth automatic bid, leaving one spot that’s still wide open. Two contenders have emerged for that in the odds: Georgia Tech (+100) and Vanderbilt (+110). The Yellow Jackets are undefeated with some tricky games left, including this week at NC State, where Tech is favored by less than a touchdown. Vanderbilt picked up a big win against Missouri to move to 7-1, but is an underdog this week at Texas. The Commodores are ranked inside the top 10 and one of the best underdog stories of the season, but do they have staying power?

As for the American race, it’s incredibly close and only getting closer. Memphis came back to beat South Florida in a huge game on Saturday, but the Tigers already have a conference loss. The current pecking order has Tulane in pole position (+250 to make the CFP), followed by South Florida (+350), North Texas (+400), Memphis (+550) and undefeated Navy (+1000). North Texas plays Navy this week.