There's no way a 2 loss Alabama should sniff the playoffs, I don't care if they take Georgia to OT and lose. Their schedule isn't impressive at all, their best win isn't as good as Cincinnati. The only reason Mississippi state is ranked so it gives Alabama a 2nd ranked win, a 4 loss team should not be ranked. So hopefully they lose and are out.
Worst case scenario for Cincinnati is both Michigan teams beating Ohio state and Michigan state winning the Big 10 title game. I could easily see both teams getting in that way a 1 loss teams. Best case scenario is Michigan state beats Ohio state, who beats Michigan and Wisconsin beats Michigan state.
So that's brings me to Oregon. They are highly propped up by their win at Ohio state, Fresno state is another good win too. If Ohio state losses one maybe both their next two that win takes a hit. That Ohio state win is even to Cincinnati win over Notre Dame, even though I think the Notre Dame win is bigger cause they have the better wins than Ohio state. If they win out you would think they'd be in but their schedule isn't great and if Ohio state doesn't win the Big 10 that win isn't as good. They also have a bad loss. I can't see how a 1 loss Oregon is ranked above Cincinnati?
Oklahoma state wins out they have a better resume to me than Oregon, if Oklahoma and Baylor are still ranked. They have a better loss but not as good a win, again depending on how Ohio state finishes, so what do they factor more?
As for Cincinnati the schedule isn't great, the AAC is down this year. The bottom half isn't too good this season but the top is strong. They finish the year with 2 over .500 teams and potential a ranked Houston so the schedule gets better. Probably the best win in the country and no losses. It's the committee so I can see how they do it but I can't see how you leave a undefeated team out. Just look at the polls, the writers and coaches see them as the #2 for some weeks or #3 team in the country.