1) Georgia vs. winner of:
8) Alabama vs. 9) Missouri

4) Washington vs. winner of:
5) Michigan vs. 12) Tulane

2) Ohio State vs. winner of:
7) Texas vs. 10) Louisville

3) Florida State vs. winner of 
6) Oregon vs. 11) Oregon State

By Conference:
SEC: 3
Pac-12: 3
Big Ten: 2
ACC: 2

Using Sagarin Predictor we have:

Round 1)
Alabama -12 vs. Missouri
Michigan -25 vs. Tulane
Texas -7 vs. Louisville
Oregon -7 vs. Oregon State

Round 2)
Alabama -.5 vs. Georgia (actual line is set at Georgia favored by about 3, but in their backyard)
Michigan -9 vs. Washington
Ohio State -4 vs. Texas
Oregon -8 vs. Oregon State

Round 3)
Michigan -4 vs. Alabama
Ohio State -1 vs. Oregon

Championship:
Ohio State vs. Michigan (-3)

Funny that the 3 SEC playoff teams would all be bracketed against each other into the first two games.