There's a new favorite leading the way on the College Football Playoff championship oddsboard.

After an exciting Week 7, Texas, at +370, has the shortest odds to win it all. The Longhorns moved from +400 after routing Oklahoma 34-3 in the Red River Rivalry.

This season, the College Football Playoff will feature 12 teams instead of four. 

So with that in mind, let's dive into the championship odds at DraftKings Sportsbook as of Oct. 14.

CFP NATIONAL CHAMPIONSHIP ODDS: 

Texas Longhorns: +370 (bet $10 to win $47 total)
Ohio State Buckeyes: +450 (bet $10 to win $55 total)
Georgia Bulldogs: +500 (bet $10 to win $60 total)
Oregon Ducks: +500 (bet $10 to win $60 total)
Alabama Crimson Tide: +900 (bet $10 to win $100 total)
Penn State Nittany Lions: +1400 (bet $10 to win $150 total)
Clemson: +1800 (bet $10 to win $190 total)
Tennessee Volunteers: +2000 (bet $10 to win $210 total)
Miami Hurricanes: +2200 (bet $10 to win $230 total)
Ole Miss Rebels: +2800 (bet $10 to win $290 total)
LSU: +3500 (bet $10 to win $360 total)
Notre Dame: +4000 (bet $10 to win $410 total)

Behind Texas is Ohio State at +450.

The Buckeyes were at the top of the board going into Week 7. Then they fell 32-31 to Oregon, and their odds moved to +450 from +280.

Georgia is next on the board, staying put at +500.

The Ducks are also at +500, surging from +1000 after their huge win over Ohio State.

Other movement includes Ole Miss shifting to +2800 from +2000, Penn State rising to +1400 from +1800 and Miami falling slightly to +2200 from +1800.

Follow along with FOX Sports for the latest college football news.