Whoever wins between Alabama and OU will get beat in the next round. Both teams aren't all that good and certainly aren't in the upper eshelon this year.
Right now, they way these six teams are playing, yes. If Alabama gets in with three losses, then why does Texas not? Texas has a better resume than Alabama.
A three-loss Alabama should not be allowed in the CFP. They lost to a bad FSU team, a not all that good OU team and Georgia. Three-loss Texas is out with a better loss resume, and so should Alabama be out.