Alabama isn't just in the playoff, it is the favorite to win it.

The Las Vegas Superbook has Alabama the top choice in the four-team field overall and is the choice to win the Jan. 1 Sugar Bowl rematch with Clemson.

The Crimson Tide opened as a 1-point favorite to beat the top-ranked Tigers, according to the Superbook. The two have met in each of the last two national title games with Alabama winning the 2015 championship and Clemson getting last year's.

For the full field, Alabama is the +200 favorite meaning you'd win $200 on a $100 bet.

The full odds at the Superbook:

Sugar Bowl

Alabama 1-point favorite over Clemson

Rose Bowl

Oklahoma 3-point favorite over Georgia

Win national championship

1. Alabama +200

2. Clemson +240

3. Oklahoma +275

4. Georgia +350