Despite Michigan’s No. 3 ranking in Tuesday’s College Football Playoff opening poll, the Wolverines don’t have the third-best odds to bring home a national title.

No, Jim Harbaugh and company actually have the second-best chance to bring the CFP trophy back to Ann Arbor, according to ESPN’s Football Power Index that was released following the rankings.

Here’s how the four teams stacked up:

Not surprisingly, Alabama sits at the top of that list as a 43 percent favorite to win the title and defend its national championship crown.

The Crimson Tide travel to Baton Rouge for a marquee match-up with LSU. Michigan will stay in Ann Arbor to take on Maryland.