No two-loss team has ever made the College Football Playoff. But 20 of the 32 teams selected for the field since its debut in 2014 have been teams that had one loss on the résumé.

With so much time left in the season, conference championships still very much up for grabs, and the first batch of CFP rankings still weeks away, it’s not time to start writing off anyone atop the AP poll just because they have a loss.

To that end, ESPN’s Heather Dinich ranked the one-loss teams in the sport with the best chance still of making it to the CFP. Alabama was No. 1, because of course it was. USC was No. 2. And then there was Oregon at No. 3.

The Ducks sit 10th in the AP poll heading into a matchup with No. 9 UCLA at home on Saturday. Oregon has won five straight since a 49-3 loss to Georgia in the season opener, and it has looked better each week.

With that loss, Oregon has zero margin for error going forward if it wants to be in the CFP conversation come selection time. But, as things currently stand, Oregon appears to have done well to regain its footing.

Here’s how ESPN views the loss to Georgia:

It was ugly. Bo Nix threw two interceptions that resulted in Georgia touchdowns, and the Bulldogs scored on their first seven possessions. They didn’t punt until the fourth quarter. The committee could look at this game as evidence of how far Oregon is from a top-four team. There’s no sugarcoating it, but when the loss happened and who it was to (the defending national champions) might matter. It was the season opener and Dan Lanning’s first game as a head coach. Ever. It was also the first start in the program for Nix, who transferred from Auburn. Since then, the Ducks have reeled off five straight wins, scoring more than 40 points in every game.

And how it views the Ducks’ Playoff path:

It starts Saturday against No. 9 UCLA, and the Ducks had the bye week to prepare for it. If Oregon can finish as a one-loss Pac-12 champion, it will be considered for a semifinal spot, but the Ducks will need the committee to rank some of their opponents. Oregon doesn’t face USC during the regular season, but could play the Trojans for the conference title. USC, UCLA and Utah are currently ranked in The Associated Press Top 25, while BYU has fallen out. Oregon has to win with style to convince the committee it has improved enough to close the crater-sized gap between the Ducks and a sure-fire top-four team.

After the UCLA game, Oregon has matchups with Cal (away), Colorado (away), Washington, Utah, and Oregon State (away). Each of those final three currently sits at 5-2. Utah is coming off a 43-42 win over USC that propelled the Utes back up to 15th in the AP poll.

Oregon will have a few chances down the stretch to add to its résumé.