Ohio State playoff picture after Week 7: Can Ryan Day's Ohio State make 12-team CFP in 2024?

The Ohio State Buckeyes were upset on the road by the Oregon Ducks in Eugene on Saturday. The Buckeyes had the ball on the final drive, but a lack of clock awareness from quarterback Will Howard resulted in time running out, losing 32-31 to the Ducks.

Ohio State's defense struggled immenseley in Week 7, allowing 496 total yards and failing to sack Oregon quarterback Dillon Gabriel. The Ducks racked up 341 yards in the air and averaged five yards per carry, rushing for 155 yards.

While the Buckeyes' playoff hopes are now up in the air, Ohio State will have plenty of opportunities to bounce back and re-establish their status as a national championship contender.

Here's an in-depth look at Ohio State's playoff odds after their first loss of the season.

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Where does Ohio State rank in the AP Top 25?

After losing to Oregon, the Buckeyes fell two spots in the AP Top 25, dropping from No. 2 to No. 4 in the country. Ohio State is behind two Big Ten rivals in No. 2 Oregon and No. 3 Penn State in the rankings.

The Buckeyes can bolster their ranking with three Top 25 opponents left on their schedule - No. 3 Penn State, No. 16 Indiana and No. 24 Michigan.

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What are the odds for Ohio State to win the national championship?

Despite the loss, the Buckeyes still have a shot at the college football playoff.

Following Saturday's loss, the Buckeyes dropped from first to second in national championship odds, tied with the Georgia Bulldogs, according to FanDuel. Texas leads the way with +400 odds, with Ohio State and Georgia just behind with +450 odds.

• Texas Longhorns (+400)
• Georgia Bulldogs (+450)
• Ohio State Buckeyes (+450)
• Oregon Ducks (+550)

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Will Ohio State make the College Football Playoff?

Ohio State still has a good shot at receiving a College Football Playoff bid with just one loss on the season.

The Buckeyes would bulk up their resume if they win over Penn State, Indiana and Michigan. Ohio State will also likely need to win out for a spot in the playoff, putting some pressure on the Buckeyes as the season progresses.