The FCS crowns its national champion through a 24-team playoff bracket that runs from late November to early January.
BetMGM has updated its favorites to win the national title after every round.
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FCS National Championship Odds (12/13 Update)
No. 1 seed South Dakota State -275
No. 2 seed Montana +500
North Dakota State +500
No. 5 seed UAlbany +4000
FCS National Championship Odds (12/3 Update)
No. 1 seed South Dakota State -250
No. 2 seed Montana +400
North Dakota State +650
No. 4 seed Idaho +1800
No. 3 seed South Dakota +3000
No. 8 seed Villanova +5000
No. 5 seed UAlbany +5000
No. 7 seed Furman +10000
FCS National Championship Odds (11/28 Update)
No. 1 seed South Dakota State -165
No. 2 seed Montana +450
No. 6 seed Montana State +1000
North Dakota State +1000
No. 3 seed South Dakota +2000
No. 4 seed Idaho +2200
No. 8 seed Villanova +4000
No. 5 seed UAlbany +4000
Youngstown State +4000
Southern Illinois +6000
Delaware +6000
No. 7 seed Furman +8000
Richmond +10000
Chattanooga +15000
Sacramento State +15000
Mercer +20000
FCS National Championship Odds (1st Round Opening Odds)
No. 1 seed South Dakota State -165
No. 2 seed Montana +575
North Dakota State +800
No. 3 seed South Dakota +1000
No. 6 seed Montana State +1200
No. 4 seed Idaho +1800
No. 8 seed Villanova +2500
No. 5 seed UAlbany +3000
Youngstown State +4000
Southern Illinois +5000
Austin Peay +6000
Delaware +6000
No. 7 seed Furman +6000
North Dakota +10000
Richmond +10000
Chattanooga +20000
Sacramento State +30000
Mercer +35000
Nicholls +35000
Lafayette +35000
NC Central +50000
Gardner-Webb +50000
Drake +50000
Duquesne +50000