College football fans and media members are debating “resume” and “the eye test” as the regular season enters the final stretch. While the College Football Playoff selection committee has its criteria, out in Las Vegas they only care about which teams are the most likely to win the next game.

Phil Steele, widely recognized as one of college football’s leading experts, has connections to the smartest folks in the desert. Steele has published weekly in-season Vegas Power Ratings since his time at ESPN. He’s now independent but continues to publish the Vegas numbers in weekly updates on his website during the season.

Who’s No. 1? With 5 undefeated teams from Power 5 conferences, the answer varies. The selection committee ranks Ohio State No. 1, a nod to the Buckeyes’ wins over Notre Dame and Penn State. Georgia is No. 1 in both the AP Top 25 and Coaches Poll. Vegas likes another team.

Michigan is No. 1 in the Vegas Power Rankings entering Week 11. The Wolverines have a 135.48 Vegas Rating, per Steele. Georgia’s Vegas Rating is 133.70, meaning UGA would be about a 2-point underdog if the teams met on a neutral field Saturday.

With the College Football Playoff focusing on the top 6 teams, here are those teams in the Vegas Rankings:

  1. Michigan (135.48 Vegas Rating)
  2. Georgia (133.70)
  3. Oregon (132.76)
  4. Ohio State (132.67)
  5. Florida State (130.45)
  6. Alabama (129.64)