Admittedly, I'm biased: however, all of the "Bama had their shot" nonsense is comical. Didn't Okie State have their shot, too, and proceeded to lose to a very average, at best, Iowa State team?
The system sucks, but since only one team is undefeated, shouldn't it come down to the two best teams in the country? How many of you believe Okie State would be Alabama? I'll bet the vast vast majority of CFB fans believe Bama would win handily. So, that said: how do we determine what a "chance" is? Holding an OT loss against Alabama is tough, but holding against them the fact that they don't play in the (this year) terrible Big 12 is rougher.