At FiveThirtyEight.com,Nate Silver's model has simulated the rest of the seasonthousands of times and there are 20 schools that make the playoff at least 1% of the time. However, only 13 of those teams have fewer than two losses through the first nine weeks of the season. While there is no rule against a 2-loss team making the playoff, it has not happened yet and would seem to require a special set of circumstances that are unlikely. None of the 2-loss teams have better than a 5% chance of making the playoff.
Of the 13 teams with fewer than two losses and at least an 8% chance of making the playoff, Alabama, Ohio State, and Georgia are all heavy favorites, with each being given a greater than 50-50 shot to be in the playoff. Clemson, the defending champions, is fourth, at 38%.