The odds of ND doing it are roughly the same as everyone else that doesn’t have a bye. The bye teams have an obvious advantage because they only have to play three games to win it all. Someone has to win it and will have to go through a similar gauntlet.
ND’s chances are very reasonable considering it’s a 12 team tournament. Indiana has “less” talent (still a good team) and the semifinal opponent could potentially be SMU or Boise State who has “less” talent. Georgia has plenty of talent but they’re missing their starting QB.
I think the bottom side of the bracket is definitely easier.
On paper, it's easier for ND if Boise State or SMU is its semi-final opponent. Having already been required to beat Georgia -- no small task -- to then have to beat PSU, then, say, Oregon, OSU, or Texas is PROBABLISTICALLY much harder than merely having to defeat SMU/Boise State and -- in the unlikely event it got that far -- Clemson.
Also, if the favorites all win, that NEITHER side of the bracket is "EASY," once the semi-finals are reached, GOES WITHOUT SAYING.
And, yes, SOMEONE has to do it. But at the same time, that means that not only ND but each of the other FAVORITES will be facing a LESS PROBABLE chance of winning the NC if MOST OF THEM PREVAIL beyond the quarter-finals. Chances improve significantly for one or more of the FAVORITES, though, if one or two of the OTHER FAVORITES are upset. My point being, that not all gamuts TURN OUT THE SAME.
Finally, if FAVORITES PREVAIL in the early rounds, Texas appears -- at least on paper -- to have the "EASIEST" path to the semi-final. Who wouldn't prefer playing Clemson and ASU to Indiana and Georgia? To me, ND got dealt a pretty tough hand. As I see it, the 7-slot was a punishment -- rightly or wrongly -- for NIU.
As for Texas, THEY SCORED THE COVETED 5-SEED. And look who they play.