Kalshi has winner contracts listed on 120 college football games for the weekend of September 12, and one of them has pulled in more money than any other game with a ranked team in it. Ohio State at Texas, in Austin, at 7:30 on the night of Saturday, September 12. The Longhorns trade around 53 cents, the Buckeyes around 47, and the distance between what buyers are bidding and what sellers are asking is a single cent. More than 360,000 contracts have changed hands on the Texas side alone, and the price sits a hair off a coin flip.
When the panel scored this board on September 2, almost every team on it had yet to play a snap that counted in 2026. USC, which beat San Jose State 42-26 on August 29, was the exception, and Week 1 did not finish until September 7. So the market was doing something hard: pricing 23 games involving ranked teams on last season's evidence, a preseason poll, and an offseason in which 34 FBS programs changed head coaches. Week 1 has now been played, and what it did to the prices is in the section after the seat table.
We handed nine AI models the same problem and took the prices away. Each one got an identical fetched fact card and returned a win probability for the home team in all 23 of those games, with no market price, no point spread and no line movement anywhere in front of it. Then each model read the other eight boards, anonymized, and revised once. Laid next to the Kalshi board it was scored against, the panel agreed nearly everywhere. Twelve of the 23 landed within a point and a half. The disagreements are not spread evenly across the slate, and the loudest one of the week is sitting on the game carrying the most money.
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How This Board Was Built
Every model received the same card, built on September 2 from live sources and nothing else. It carried the AP Top 25 currently in force, each team's final 2025 record with points scored and allowed, each team's end-of-2025 Elo rating (a single number for team strength that rises and falls with results, so a 300-point gap means one team was meaningfully better than the other last year), the head-to-head series back to 2019, the venue, kickoff and broadcast, and the Week 1 opponent each team still has to get past before any of this settles. On top of that sat a block of dated reporting the schedule feeds cannot see: the coaching carousel, and who is playing quarterback.
That last block mattered more this season than it usually does. Michigan fired Sherrone Moore in December 2025 and hired Kyle Whittingham on a five-year deal worth an average of $8.2 million a year, ending a 21-year run at Utah in which he went 177-88. Utah promoted his defensive coordinator, Morgan Scalley. Penn State hired Matt Campbell away from Iowa State on an eight-year deal; Iowa State replaced him with Washington State's Jimmy Rogers. Lane Kiffin left Ole Miss for LSU, and Ole Miss elevated Pete Golding to replace him. Those six programs, Michigan, Utah, Penn State, Iowa State, LSU and Ole Miss, appear in six different games on the board below, each of them opening a first season under a new head coach.
Two things about the calendar are unusual enough that the models were told to reason about them out loud. The AP Top 25 on the card is the preseason poll, released August 17, because it is the only poll in force; the first in-season ballot does not land until Week 1 finishes. And Week 1 itself is still being played, so a team can look completely different by the time its Week 2 contract settles. Rankings on this page are context, not evidence, and the models were told not to defer to them where the fetched records said something else.
Each of the 207 seat calls below, nine seats across 23 games, went into our public grading ledger the moment it was made, before any settlement. When the games finish on September 12 and 13, each seat's Week 2 record posts in public, win or lose. That is the entire point of running it this way: the page rebuilds every week of the season on this same URL, and the panel's record follows it around.
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The Board: Every Ranked Game On Kalshi
Prices below are Kalshi's midpoint quotes as of September 11, 2026, taken Friday morning at about 5:20 a.m. ET, in cents for the home team's contract, where a price of 74 cents means the market is treating that team as roughly a 74 percent chance to win. "Panel" is the median of the nine seats' home-win probabilities after the revision round, scored on September 2 before Week 1 was played and held as published so it can be graded. The rankings in the table are the preseason poll the panel was scored against; the September 8 poll is covered after the seat table. All nine seats on the panel returned a full board this cycle.
A word on liquidity before you read down the column. The thin books from ten days out have filled in: every unsettled home contract on the board is quoted a cent wide except Washington's, which is two, and the quietest of them, Utah State at Washington, has traded about 8,300 contracts. Penn State at Temple, which had traded fewer than five contracts on September 2, is past 18,000, and Arizona at BYU's eleven-cent gap is down to one. The heavily traded games are a different animal. Texas has cleared 360,000 contracts on its own, and Michigan is past 150,000.
| Game (Away @ Home) | Kickoff (ET) | Kalshi: home | Panel: home | Gap |
|---|---|---|---|---|
| Florida A&M @ No. 7 Miami | Thu 9/10, 8:00 PM | Settled: Miami won 77-7 | 98% | graded |
| Villanova @ No. 24 Louisville | Fri 9/11, 7:00 PM | 98.5¢ | 93% | -5.5 |
| No. 25 Missouri @ Kansas | Fri 9/11, 8:00 PM | 32.5¢ | 30% | -2.5 |
| No. 2 Oregon @ Oklahoma State | Sat 9/12, 12:00 PM | 6.5¢ | 3% | -3.5 |
| Howard @ No. 6 Indiana | Sat 9/12, 12:00 PM | 99.5¢ | 99% | -0.5 |
| Arizona State @ No. 8 Texas A&M | Sat 9/12, 12:00 PM | 85.5¢ | 85% | -0.5 |
| No. 10 Oklahoma @ No. 16 Michigan | Sat 9/12, 12:00 PM | 33.5¢ | 52% | +18.5 |
| No. 18 Penn State @ Temple | Sat 9/12, 12:00 PM | 5.5¢ | 5% | -0.5 |
| Western Kentucky @ No. 3 Georgia | Sat 9/12, 12:45 PM | 99.5¢ | 97% | -2.5 |
| Rice @ No. 4 Notre Dame | Sat 9/12, 3:30 PM | 99.5¢ | 98% | -1.5 |
| No. 13 Alabama @ Kentucky | Sat 9/12, 3:30 PM | 22.5¢ | 16% | -6.5 |
| Arizona @ No. 14 BYU | Sat 9/12, 3:30 PM | 73.5¢ | 67% | -6.5 |
| Utah State @ No. 17 Washington | Sat 9/12, 3:30 PM | 96¢ | 92% | -4.0 |
| UC Davis @ No. 19 SMU | Sat 9/12, 4:00 PM | 94.5¢ | 95% | +0.5 |
| No. 20 Tennessee @ Georgia Tech | Sat 9/12, 7:00 PM | 18.5¢ | 35% | +16.5 |
| Southern @ No. 23 Houston | Sat 9/12, 7:00 PM | 99.5¢ | 98% | -1.5 |
| No. 1 Ohio State @ No. 5 Texas | Sat 9/12, 7:30 PM | 53.5¢ | 35% | -18.5 |
| Louisiana Tech @ No. 11 LSU | Sat 9/12, 7:30 PM | 98.5¢ | 85% | -13.5 |
| No. 12 Texas Tech @ Oregon State | Sat 9/12, 7:30 PM | 4.5¢ | 4% | -0.5 |
| Iowa State @ No. 22 Iowa | Sat 9/12, 7:30 PM | 84.5¢ | 74% | -10.5 |
| Charlotte @ No. 9 Ole Miss | Sat 9/12, 7:45 PM | 99.5¢ | 98% | -1.5 |
| Arkansas @ No. 21 Utah | Sat 9/12, 10:15 PM | 81.5¢ | 88% | +6.5 |
| Louisiana @ No. 14 USC | Sat 9/12, 11:00 PM | 97.5¢ | 94% | -3.5 |
BYU and USC tied for No. 14 in the August 17 preseason poll, which is why the rank appears twice.

More live boards from the same panel: college football national championship (Ohio State leads at 12¢ bid, 13¢ ask, Notre Dame 11/12, Texas, Miami and Indiana 10/11, Oregon 9/10) · College Football Playoff odds (Notre Dame 82¢ bid to qualify, Oregon 72¢) · the Kalshi college football picks hub. Prices fetched September 11, 2026.
Every Seat's Number
Home-team win probability per seat, after the revision round.
| Game | Fable | Opus | Sonnet | GPT | Gemini | Grok | GLM | Kimi | DeepSeek | Blend |
|---|---|---|---|---|---|---|---|---|---|---|
| Florida A&M @ Miami | 99 | 99 | 97 | 98 | 99 | 97 | 98 | 98 | 99 | 98 |
| Villanova @ Louisville | 94 | 95 | 90 | 93 | 93 | 90 | 93 | 94 | 96 | 93 |
| Missouri @ Kansas | 33 | 32 | 27 | 30 | 28 | 32 | 28 | 30 | 28 | 30 |
| Oregon @ Oklahoma St. | 3 | 3 | 3 | 4 | 2 | 2 | 3 | 2 | 2 | 3 |
| Howard @ Indiana | 99 | 99 | 98 | 98 | 99 | 97 | 98 | 99 | 99 | 99 |
| Arizona St. @ Texas A&M | 82 | 85 | 87 | 81 | 86 | 85 | 83 | 85 | 85 | 85 |
| Oklahoma @ Michigan | 53 | 53 | 52 | 52 | 53 | 52 | 52 | 53 | 52 | 52 |
| Penn St. @ Temple | 5 | 5 | 4 | 6 | 5 | 4 | 6 | 3 | 4 | 5 |
| W. Kentucky @ Georgia | 97 | 97 | 97 | 96 | 97 | 95 | 96 | 97 | 97 | 97 |
| Rice @ Notre Dame | 98 | 99 | 98 | 98 | 99 | 98 | 98 | 99 | 99 | 98 |
| Alabama @ Kentucky | 20 | 15 | 15 | 18 | 16 | 16 | 20 | 16 | 15 | 16 |
| Arizona @ BYU | 65 | 68 | 68 | 62 | 66 | 67 | 68 | 65 | 67 | 67 |
| Utah St. @ Washington | 90 | 93 | 93 | 90 | 92 | 91 | 90 | 92 | 92 | 92 |
| UC Davis @ SMU | 95 | 96 | 95 | 94 | 96 | 92 | 94 | 95 | 97 | 95 |
| Tennessee @ Georgia Tech | 40 | 38 | 35 | 39 | 31 | 35 | 35 | 37 | 31 | 35 |
| Southern @ Houston | 98 | 98 | 96 | 96 | 99 | 96 | 96 | 98 | 99 | 98 |
| Ohio St. @ Texas | 38 | 35 | 35 | 38 | 30 | 38 | 38 | 33 | 30 | 35 |
| La. Tech @ LSU | 88 | 88 | 87 | 85 | 84 | 81 | 82 | 85 | 85 | 85 |
| Texas Tech @ Oregon St. | 5 | 5 | 3 | 6 | 4 | 3 | 4 | 2 | 3 | 4 |
| Iowa St. @ Iowa | 70 | 74 | 65 | 72 | 85 | 76 | 72 | 78 | 82 | 74 |
| Charlotte @ Ole Miss | 98 | 99 | 97 | 98 | 98 | 97 | 98 | 97 | 99 | 98 |
| Arkansas @ Utah | 87 | 87 | 92 | 88 | 91 | 87 | 88 | 92 | 93 | 88 |
| Louisiana @ USC | 94 | 95 | 95 | 93 | 96 | 93 | 92 | 93 | 96 | 94 |
Every seat on this panel is graded against real market settlements — records to date: Claude Fable 89% on 2,856 graded calls · Claude Opus 89% on 2,995 graded calls · Claude Sonnet 88% on 2,971 graded calls · GPT 86% on 9,653 graded calls · Gemini 87% on 8,676 graded calls · Grok 85% on 7,155 graded calls · GLM 84% on 3,969 graded calls · Kimi 87% on 4,322 graded calls · DeepSeek 84% on 4,090 graded calls. Recomputed daily; the full scoreboard is public.
Kalshi is a CFTC-regulated exchange and its contracts are open to U.S. adults 18+ where it operates; event contracts carry risk and you can lose money trading them.*
Every number in this piece gets graded in public once the games settle, and the running tally lives on the model verdict scoreboard. That record also sets the honest frame for everything below: across thousands of graded calls, when this panel and a market disagree by ten points or more, the market has been right roughly two-thirds of the time. A gap is a disagreement worth understanding, not a reason to trade toward the panel.
What Moved Since 2026-09-08
Every price on this page is from the Friday, September 11 pull, about 5:20 a.m. ET; the page first published off a Wednesday, September 2 pull, and the panel's numbers are frozen there so they can be graded. The honest headline is that the board has barely moved this week. Seventeen of the 22 unsettled home contracts carry the same midpoint they closed the September 8 session at, and the other five moved a cent or less: Texas A&M and Michigan up one, SMU down one, BYU and Washington up a half. The repricing happened over the opening weekend, and that is the part worth reading. The panel's numbers and arguments from "One Pattern The Board Reveals" down are frozen at September 2 and left as the panel's record; where a price appears in those sections it carries both the September 2 figure the panel was scored against and the current one.
- Michigan Is Now The Board's Widest Gap. The Michigan contract went from 49.5¢ on September 2 to 33¢ by the end of Saturday, September 5, on about 31,800 contracts in that one session, its heaviest day, after Michigan beat Western Michigan 13-12 at home that Saturday, a day after Oklahoma beat UTEP 51-0. It is 33/34 now. The panel's 52 was written before either game and stands 18.5 points above the market, tied with Ohio State at Texas for the widest gap on the board. The AP voters read it the way the market did: Michigan dropped out of the September 8 poll entirely from No. 16, while Oklahoma slipped a spot to No. 11.
- Georgia Tech Went From A Live Dog To A Long One. The Tech contract fell from 31.5¢ to 18¢ over the four sessions from the 14-13 home loss to Colorado on Thursday, September 3, through Sunday, and has sat at 18/19 since. Tennessee beat Furman 56-9. The panel's 35 is 16.5 points above the market, behind only Michigan and Texas.
- Miami Settled First. The Florida A&M contract graded on Thursday night: Miami won 77-7, the home contract paid at $1, and all nine seats had it at 97 or better. One of 23 is in the book.
- The Market Moved Toward The Panel On Utah. Utah, 74.5¢ on September 2, is 81/82 after its 66-14 win over Idaho and Arkansas's 31-14 win over North Alabama. The panel's 88 is still the more confident number, but the gap has shrunk from 13.5 points to 6.5.
- Ohio State At Texas Moved A Cent, Then Traded More Than Anything Else. Texas went from 52.5¢ to 53/54 after beating Texas State 59-7 while Ohio State beat Ball State 56-3. The September 8 session alone put about 82,700 contracts through the Texas contract, the busiest day any contract on this board has had, and the quote has not left 53/54 since. The panel's 35 is 18.5 points under the market, and the September 8 poll has Ohio State No. 1 and Texas No. 4.
- The Blowouts Priced The Tune-Ups To The Ceiling. Georgia (63-3 over Tennessee State), Notre Dame (41-13 over Wisconsin), Houston (33-20 over Oregon State) and Ole Miss (41-38 over Louisville) are all 99¢ bid now, up from midpoints of 97.5 to 98.5. LSU's 51-10 win over Clemson took its contract from 97¢ to 98.5¢, the wrong direction for the panel's 85, which is now 13.5 points under the market. SMU, 85¢ on September 2, is 94/95 after winning 27-24 at Florida State on Labor Day night; the panel had it at 95 all along.
- The Road Favorites Got Heavier, Except Alabama. Oklahoma State fell from 13.5¢ to 6/7 against Oregon after losing 24-10 at Tulsa while Oregon beat Boise State 34-27, and the panel's 3 is now 3.5 points under the market rather than 10.5. Oregon State fell from 9.5¢ to 4/5 against Texas Tech after the loss at Houston, next to the panel's 4. Temple went from 10.5¢ to 5/6 against Penn State after Penn State's 45-0 over Marshall, against the panel's 5. Kentucky went the other way, from 17.5¢ to 22/23 against Alabama after both won comfortably, Alabama 48-10 over East Carolina and Kentucky 45-13 over Youngstown State, and the panel's 16 is now 6.5 under.
- The Poll The Panel Was Scored Against Is Gone. The September 8 AP poll dropped Michigan, added Virginia at No. 25, and kept Louisville at No. 24 despite its loss. Oregon slid from No. 2 to No. 6, LSU rose from No. 11 to No. 8, and Georgia, Notre Dame, Texas and Indiana each moved up one. The rankings in the table above are left as the preseason numbers the panel scored against, which means Oklahoma at Michigan is no longer a ranked-host game by the current poll and Virginia, hosting Norfolk State on Friday at 99¢, is ranked but not on this board.
On the September 2 board, 12 of the 23 games sat within a point and a half of the panel. On today's board, 8 of the 22 unsettled ones do. The market has watched every team play once and the panel's numbers predate all of it, and the grade on September 12 and 13 will say which of those is the better position to be in.
One Pattern The Board Reveals
Read the gap column as it stood on September 2 top to bottom and the striking thing was how much of it was empty. Twelve of the 23 games landed within a point and a half, and those 12 were not the easy ones by ranking. They include Missouri at Kansas, a rivalry game between a No. 25 team and a 5-7 host, and Arizona State at Texas A&M at Kyle Field. What they had in common was money. On the ten most heavily traded contracts on the September 2 board the median disagreement was 1.5 points. On the 13 quietest it was 3.5. Where real volume had gone through, the machines and the market had converged on the same answer, which is roughly what you would hope to see from both of them. That relationship did not survive Week 1. The two heaviest contracts on today's board, Texas and Michigan, are now its two widest gaps, because the market repriced on what it watched and the panel's numbers predate all of it.
The single cleanest example on that board was Oklahoma at Michigan, the noon kickoff on FOX. Kalshi had Michigan at 49.5 cents on September 2; it is 33.5 now, and what changed is in the section above. The panel's median is 52, and its nine seats landed in a one-point band from 52 to 53, tied for the tightest cluster anywhere on the slate. That is not the panel copying itself; the seats were blind to each other in the first round and arrived there independently. Oklahoma's end-of-2025 Elo was 1810 against Michigan's 1786, a 24-point difference that is inside the noise of a rating like that, and Michigan has the home field. Last season Michigan lost this fixture 24-13 in Norman. Whittingham's first season in Ann Arbor and John Mateer's settled starting job point in opposite directions and stop.
The 50-54 cluster is the correct answer, and the fact that nobody deferred to Michigan's higher preseason ranking is a good sign about the room. — Claude Opus
[Editor's note: Oklahoma is the higher-ranked team here, No. 10 to Michigan's No. 16. The seat's point about the panel pricing the ratings rather than the poll stands; its description of which side the poll favors does not.]
Which brings the pattern to its exception. If liquidity is where the two sides agree, the most liquid contract on this board should be the safest row on the page. It is the opposite, and it is the last section of this article.
Arkansas At Utah: The Second-Widest Argument Of The Week
Kalshi charged 74.5 cents for Utah at home in the 10:15 PM ET window on September 2, and charges 81.5 now. The panel says 88 percent, which on the September 2 board was the widest gap where the panel is the more confident of the two. The raw numbers behind the models' number are lopsided. Utah finished 2025 at 11-2, outscoring its opponents by 291 points across the season, on an Elo of 1976. Arkansas finished 2-10. The Elo gap is 405 points before home field is counted at all.
The reason the market is not at 88 is almost certainly Morgan Scalley, who is running his first season at Utah after Whittingham left for Michigan, and one detail buried in Arkansas's record. A 2-10 team that was outscored by only 11 points all season lost a lot of close games, which is the profile of a team whose record understates it. Two seats named exactly that tension and landed on opposite sides of it.
Arkansas-Utah should not be a near-lock after Scalley's succession. Utah's 1976 Elo still dominates a 2-10 Arkansas, but first-year staff variance belongs in the mid-80s. — Grok
The counter-argument, from one of the three seats that raised its Utah number in the revision round, is that you can only charge for the new coach once.
I had double-counted, taking a haircut for Scalley's first year AND for Arkansas's -11 differential being better than 2-10 suggests, when the 405-Elo gap plus home field implies mid-90s. — Claude Opus, raising Utah from 84 to 87
Note that the panel's own answer here, 88 percent, is more confident than the market's, which cuts against the lazy version of this exercise. The models are not reflexively fading favorites.
Louisiana Tech At LSU: A Ranked Host The Panel Won't Price Like One
LSU is ranked 11th and cost 97 cents at home against a Conference USA visitor on September 2; it is 98.5 now. Eight home-side contracts on that board were priced at 95 cents or higher. Seven of them drew panel numbers within a point and a half of the market. This one drew a 12-point gap, the third widest of the week on the September 2 board, and the reason is that the models went and read what LSU actually did last season instead of what its logo implies.
LSU finished 2025 at 7-6, outscoring its opponents by 39 points all season, and its end-of-2025 Elo of 1675 is the second-lowest of any ranked host on this board. Louisiana Tech finished 8-5 with a margin of 85 points, outscoring its own schedule by more than LSU outscored its. The Elo gap between them is 244 points, which is real, and last September in Tiger Stadium LSU won 23-7, which is a grind rather than a rout. Lane Kiffin's arrival is a genuine upgrade the ratings cannot see yet, and every seat priced LSU as a clear favorite. None of them would go anywhere near 97.
LSU at 1675 Elo off a 7-6 season is not a 90-plus host against a Conference USA team that outscored its schedule by more than LSU did. I was guilty of this and corrected it. 94 was me pricing the LSU logo, not the LSU team. — Claude Opus, cutting LSU from 94 to 88
The same seat pointed at the row directly above it as the version nobody is arguing about: Houston is ranked 23rd on an end-of-2025 Elo of 1512, one of the weakest ratings of any ranked team here, and was priced at 98.5 cents, 99.5 now, purely because it is hosting an FCS opponent that went 2-10. The ranking and the rating disagree about Houston too. Southern is just not the opponent to expose it.
Where The Panel Changed Its Mind
The revision round exists so a model can be argued out of a number in public. The loudest argument inside the panel was the Cy-Hawk game, which produced the widest split between the seats anywhere on the board: 65 at the low end, 85 at the high end, on a game the market priced at 83.5 cents for Iowa on September 2, 84.5 now.
The card gives both sides real ammunition. Iowa's end-of-2025 Elo was 1937 against Iowa State's 1629, and Iowa is at home. But the six meetings since 2019 were decided by 1, 10, 3, 7, 1 and 3 points, and Iowa State has won three of the last four by 3, 1 and 3.
I had treated the Cy-Hawk game as a rivalry toss-up leaning home, but two peers forced me back to the card: Iowa's end-of-2025 Elo is 1937 against Iowa State's 1629, a 308-point gap before home field, and Iowa State is on its second game under Jimmy Rogers after Campbell left for Penn State. The series history I leaned on reflects Campbell-era Iowa State teams, not this one. — Kimi, moving Iowa from 62 to 78
The seat that moved the other way went to the same list of scores and drew the opposite conclusion.
The card's own head-to-head shows Iowa State has won 3 of the last 4 meetings by 1-3 points each time, directly against a 308-point Elo gap favoring Iowa, a trend I didn't weight in my round-1 reasoning. — Claude Sonnet, cutting Iowa from 70 to 65
And the seat holding the highest number on the board barely gave ground.
Held firm on Iowa State at Iowa at 85 despite the panel averaging around 70. The panel is anchoring to historically tight Cy-Hawk scores but ignoring that a 308-point Elo gap combined with Matt Campbell's departure makes Iowa a much heavier favorite than the historical series implies. — Gemini, which came down from 88 to 85
One seat also surfaced a scheduling detail nobody else had: Louisville plays at Ole Miss on Sunday night, September 6, then hosts Villanova on Friday, September 11. That is a five-day turnaround against the best FCS team on the slate, and it is worth a point or two off Louisville's number.
Ohio State At Texas: The Machines Won't Take The Home Team
Here is the row the whole board has been pointing at. Kalshi priced Texas at 52.5 cents at home on September 2 and has it at 53.5 now, a coin flip with a one-cent spread and more than 360,000 contracts traded on the Texas home-win contract alone, about 30 percent of the volume across all 23 home-side contracts on this board. The panel puts Texas at 35 percent. That was a 17.5-point gap on the September 2 board, the widest of the week by four points, and it is 18.5 now. It is not a shading of the favorite. It flips the game outright: every one of the nine seats has Ohio State winning in Austin, and the most Texas-friendly number on the panel is 38.
The case the models built is short and it is all on the card. Ohio State's end-of-2025 Elo was 2138 against Texas's 1926, a 212-point gap. Ohio State went 12-2 and allowed 130 points across the entire season, outscoring its opponents by 338 points; Texas outscored its own by 132. Julian Sayin, who finished fourth in the 2025 Heisman voting, is back at quarterback. And Ohio State has beaten Texas in both of the last two meetings: 28-14 in the College Football Playoff semifinal at neutral-site AT&T Stadium in January 2025, which closed out the 2024 season, and 14-7 in Columbus in the 2025 opener.
What the models are explicitly not doing is ignoring the venue. Texas hosts this one at night at Darrell K Royal-Texas Memorial Stadium, DKR to anyone who has been there, and the argument between the seats is about how much a night in that building is worth rather than whether it counts. Arch Manning is back as Texas's starting quarterback.
Peers pushing Texas to 0.28-0.33 over-read the 212-Elo gap and ignore DKR at night plus Manning continuity already netting about 0.62 for Ohio State. — Grok, holding Texas at 38, the panel's high
Ohio State's +338 point differential in 2025 and two straight head-to-head wins are stronger signals than home field in a non-conference early-season game. — DeepSeek, holding Texas at 30, the panel's low
The honest way to hold both numbers at once is this. The market has 360,000 contracts of volume behind a price a hair above even money. The panel has read last season's ledger and cannot get Texas above the high 30s. Both cannot be right, and one of the two has a public record: on ten-point-plus disagreements like this one, the market has historically won about two-thirds of the time. September 12 grades it either way, and the result posts to the scoreboard with the panel's name on it.
What Would Change The Panel's Mind
This page re-scores every week of the season. These are the specific developments the panel named on September 2 as the ones that would move specific numbers between then and kickoff, with the direction stated in advance, and how each one came out:
- Texas And Ohio State Play Their Week 1 Games On September 5. Texas hosts Texas State at 3:30 PM ET, Ohio State hosts Ball State at 12:30 PM ET. An injury or a struggling offense in either building would move the Austin number more than anything else on this list. Outcome: Texas 59-7, Ohio State 56-3, and the Texas contract moved from 52.5¢ to 53.5¢.
- The First In-Season AP Top 25 Replaces The Preseason Poll Once Week 1 Is Played. Any team that drops out of the top 25 leaves this board, and any team that plays its way in joins it. The composition of the table above is not fixed. Outcome: the September 8 poll dropped Michigan and added Virginia; the table keeps the preseason numbers the panel was scored against.
- Jimmy Rogers' First Game As Iowa State's Head Coach, At Home Against Southeast Missouri State On September 5. A convincing performance narrows the panel's 20-point internal split on the Cy-Hawk game toward the low end; a scare widens Iowa's number toward Gemini's 85. Outcome: Iowa State 38-10, and Iowa's contract moved a cent, from 83.5¢ to 84.5¢.
- Alabama Names A Starting Quarterback. The job was an open competition through fall camp between Keelon Russell, the No. 2 recruit in the 2025 class, and Austin Mack. Alabama is a road favorite at Kentucky priced at 82.5 cents on September 2, 77.5 now, and the panel's five-point internal spread there is almost entirely about this. Outcome: Alabama beat East Carolina 48-10 and Kentucky beat Youngstown State 45-13, and the market moved Kentucky up from 17.5¢ to 22.5¢. Who started at quarterback for Alabama is not on this card, so the panel's spread there stays an open question here.
When These Games Settle
| Date | What settles or what to watch |
|---|---|
| Thu Sep 3 – Mon Sep 7 | The entire Week 1 slate, including every team on this board (played) |
| After Week 1 Ends, Sep 7-8 | First in-season AP Top 25 replaces the preseason poll (released Sep 8) |
| Thu Sep 10 | Florida A&M at Miami settles, roughly 11 PM ET (settled: Miami 77-7) |
| Fri Sep 11 | Villanova at Louisville and Missouri at Kansas settle |
| Sat Sep 12 – Sun Sep 13 | The other 20 games settle across the noon through 11 PM ET windows |
| Sun Sep 13 | Week 2 grading posts to the model verdict scoreboard |
Prices on this page carry their September 11 timestamp and the panel's numbers their September 2 one, and the board re-scores weekly through the season on this same URL, faster if a major injury lands.
The panel's calls are on the record. Our AI model panel puts a graded, public verdict on the national title race itself, not just this week's games — see the live model verdict on the college football championship for the full field.
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The Bottom Line
Twenty-three games, one real argument. On the FCS tune-ups, on the Big Ten and SEC mismatches, and on Oklahoma at Michigan, the one competitive game with heavy volume behind it, the panel and Kalshi were reading the same page on September 2: Oklahoma at Michigan was a coin flip, Oregon and Texas Tech were priced as heavy road favorites, and Georgia, Miami, Notre Dame and Ole Miss were priced close to the ceiling. One of those has since turned over. Michigan at 33.5 cents against the panel's 52 is now tied with Austin for the widest gap on the board, and the section on what moved explains why. Where the two sides part company, they part over the same question every time. Is a ranking or a rating the better description of a team nobody has watched yet? LSU at 97 cents and Utah at 74.5 on the September 2 board are quiet versions of it. Ohio State at Texas is the loud one: the market has 360,000 contracts and a coin flip, the panel has a 212-point rating gap and two straight Buckeye wins over the same opponent, and it will not take the home team. On the night of September 12 one of those two readings gets marked wrong in public, and this page carries the grade.
Hero illustration: OddsShopper, in the house collage style. Darrell K Royal-Texas Memorial Stadium photo by Fredlyfish4, licensed CC BY-SA 4.0; photos cropped, toned, and composited.
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