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Tua Tagovailoa (right) of the Alabama Crimson Tide reacts after passing for a touchdown against the Auburn Tigers. Kevin C. Cox/Getty Images

With the College Football Playoff semifinals set for Saturday, oddsmakers continue to favor the Alabama Crimson Tide to win the title.

According to Vegas Insider, Nick Saban's squad has 1/2 odds of winning the national championship. The defending champions have just three losses since the start of the 2015 season.

Under Saban, the Tide have won five national championships since 2010.

While Alabama is once again the clear favorite, the Clemson Tigers are the overwhelming favorite to finish second. Oddsmakers give Dabo Swinney's squad 5/2 odds of winning the title.

Clemson defeated Alabama in the 2017 national championship, 35-31.

Both the Notre Dame Fighting Irish and the Oklahoma Sooners have 12/1 odds of winning the title.

Oddsmakers listed the most likely scenario of Alabama defeating Clemson at 4/5 odds. The least likely scenario is Notre Dame defeating Oklahoma, which was given 33/1 odds.

Entering the season, Alabama had the best odds (2/1) of winning the title, while Clemson had the second-best odds (9/2). Oklahoma was listed at 20/1, while Notre Dame had 40/1 odds.

Outcome Odds (Vegas Insider)

Alabama defeat Clemson, 4/5

Clemson defeat Alabama, 4/1

Alabama defeat Notre Dame, 11/2

Clemson defeat Oklahoma, 8/1

Notre Dame defeat Alabama, 14/1

Oklahoma defeat Clemson, 16/1

Oklahoma defeat Notre Dame, 20/1

Notre Dame defeat Oklahoma, 33/1