The hopes of two major national championship contenders took big hits on Saturday when No. 3 Georgia and No. 4 Miami lost, putting both teams on the brink of missing the 12-team College Football Playoff. Ohio State has inherited the role of the favorite in the national title futures odds, at +320. Oregon (+340), Texas (+450) and Georgia (+800) round out the top four betting choices.

Here are my College Football Playoff national championship value rankings entering Week 12. I will go through these rankings every two weeks to help bettors find value in the market.

Odds via DraftKings 

Which team grabs the No. 1 spot in Menez rankings? ... Join SportsLine right now to see Gene Menez's national championship odds rankings, all from the former Sports Illustrated college football writer and editor!