I'd certainly take the field. While I think UGA will make the playoffs, they would likely have to beat two teams nearly as good, or just as good, or even better, call it 50-50 in each game. And of course they could miss the playoffs entirely if they lost to an 11-1 Tennessee. I'd take the field on an even bet with just about anything.
.UGA, Michigan, Ohio St, Bama, LSU, USC, or Penn State.
I suspect some fourth team will make it in, Clemson or somebody.