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Ranking all 80 bowl teams according to Vegas

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Here are the final College Football Vegas Rankings heading into bowl season. Alabama continues to be the top team, holding a 2-point lead against Oklahoma. Tied for the fourth-best team in the rankings is Michigan State and Ohio State, with the Spartans getting the nod in the College Football Playoff.

The CFB Vegas Rankings are the composite power ratings of a panel of professional handicappers and college football statisticians, including fellow Insider Phil Steele, Brian Edwards and Bruce Marshall of The Gold Sheet. The ratings are intended to weigh the relative strength of the teams if they met on a neutral field and to be compared to the point spread on a given game. For example, if Alabama and Oklahoma were to play on a neutral field this week, the Crimson Tide would be considered a 2-point favorite by our ratings.

Here's a look at the 25 best teams in college football right now, according to our panel, along with a table at the bottom ranking all 80 bowl teams.

1. Alabama Crimson Tide (48.5)

Alabama enters Bowl season as the No. 1 team in the country in the College Football Vegas Rankings. The Crimson Tide face Michigan State where they are 9.5-point favorites. Alabama is currently 7-6 ATS this season entering the College Football Playoff.