Facts are facts. Even two ex OSU players, Herbstreit and Galloway, both have stated on ESPN that they feel Bama is the better team when compared to OSU and were right to be picked over OSU.
I literally HATE Bama, but I agree.
Don't get me wrong, I think OSU, USC, Bama, and even Wisconsin after losing the Big 10 championship could make a case for being in the playoff. However, I think when you weigh everything out, you wind up with a toss up. If it's a toss up, the team with one loss to #6 ranked bitter rival, and has won 4 of the last 8 national championships, from the conference that has won 10 of the last 20 national championships and 8 of the last 11, is likely to get the nod every time.
Clemson - 1 loss to an unranked 4-8 Syracuse
Oklahoma - 1 loss to an unranked 7-5 Iowa State
Georgia - 1 loss to #10 Auburn
Alabama - 1 loss to #6 Auburn
Ohio State - 2 losses. Routed by unranked 7-5 Iowa. Soundly beaten by #5 Okla
Wisconsin - 1 loss to #8 Ohio State in a tight game
Southern Cal - 2 losses. 1 loss to #16 Wash St. 1 Loss to #13 Notre Dame
In my opinion, there is nothing that makes any of these teams really shoe-in material for the playoff. I 100% agree with the top 3 based on only having 1 loss and having all won major conferences, but the 4th spot is a total toss up in my opinion. Neither of the two 1 loss teams won their conference, but the two 2 loss teams did. The only thing that really stands out to me as a tie breaker is OSU's head to head win over Wis. So now you're down to two 2 loss conference champs, and a 1 loss non conference champ that is a perennial power house. If I had to put money on OSU, USC, or Bama, I'd put it on Bama in a heart beat.
Just my $.02