Georgia sits alone at the top of Phil Steele’s latest Vegas rankings entering Week 10, with the Bulldogs holding the No. 1 spot in the desert’s view of college football.
Steele’s weekly power ratings, which reflect how oddsmakers would price teams on a neutral field, are built around one simple question: who would be favored if the teams lined up today? That’s the lens Vegas uses, and it’s the lens Steele has tracked for years through his connections with oddsmakers at the Las Vegas SuperBook and other casinos.
On Wednesday, after the CFP selection committee unveiled its first top 25 of the 2026 season on Tuesday, Steele released his newest list of the sport’s best teams according to Vegas. Georgia leads the way with a 135.87 rating, just ahead of Notre Dame at 134.42.
The rest of the top five features LSU at 131.98, Miami at 131.37 and Alabama at 129.94. Texas follows at 129.46, with Ohio State right behind at 129.10.
Here’s how Steele’s top 25 shakes out:
Georgia (135.87 Vegas Rating)
Notre Dame (134.42)
LSU (131.98)
Miami (131.37)
Alabama (129.94)
Texas (129.46)
Ohio State (129.10)
Ole Miss (127.63)
Indiana (127.23)
South Carolina (124.77)
Tennessee (124.50)
Florida (124.08)
Mizzou (123.93)
Utah (123.83)
Wake Forest (122.73)
Oklahoma (122.21)
USC (122.03)
BYU (121.75)
Texas Tech (121.75)
Kentucky (121.71)
UCLA (121.08)
Iowa (120.85)
Oregon (120.82)
Houston (119.51)
Nebraska (119.42)
Steele’s numbers are a reminder that Vegas is not ranking teams by résumé, record or reputation. It’s all about the line a neutral-field matchup would produce, and right now the Bulldogs are the team sitting highest in that calculation.
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