Georgia’s 20-17 road win over Alabama vaulted the Bulldogs to the top of the AP Poll and projected CFP seeding, while Texas’s upset loss to Oklahoma dropped the Longhorns out of the top four and eliminated their first-round bye. Undefeated squads including Notre Dame, Miami, Indiana, and BYU remain firmly in the mix alongside one-loss teams such as Ohio State and Alabama. The 12-team format awards automatic bids to Power conference champions and the highest-ranked Group of Six representative, making remaining schedule strength, conference title races, and head-to-head results the primary drivers of implied probabilities in these markets. Late-season injuries or upsets could still alter the bubble picture.