Who Is The Public Betting On College Football

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NCAA Football Betting Strategies: Guide to the Top Systems

The most popular college football bet is betting against the spread (ATS). Against the spread betting isn’t about picking a winner of the game, it’s about picking the team who will cover the spread, a line set by sportsbooks. College football betting odds making is mainly an average of numbers and statistics but it is also partly a feel. A good college football betting odds maker will be able to see which way the public is likely to bet and make the odds accordingly. That does not always mean the college football betting line will be perfectly balanced as it should be.

College Football Betting Intro

When we talk about football, we usually think first of the NFL. It is after all America’s most popular sports organization.

As we discussed in our Intro to NFL Betting, the American Gaming Association estimated bettors to have wagered upwards of $4.7 billion dollars on the nation’s most-watched sporting event this past year—the Super Bowl.

And that’s just one estimate. When you look at the global numbers, this figure nearly doubles. Mint, a prominent financial planning website, estimates that bettors stake more than $8 billion every year on the Super Bowl alone.

But the NFL is not the only league to garner such attention from bettors.

NCAA football is right up there with it.

In 2014, Super Bowl XLIX only generated about 10,000 more bets than the most heavily bet college football game

In 2014, Super Bowl XLIX only generated about 10,000 more bets than the most heavily bet college football game: 122,370 compared to 112,644. And, according to CNBC, bettors stake between $60-70 billion in illegal wages on college football each year.

Since the NCAA decided to establish and expand their playoff format, bowl games and championships have proven to be hot opportunities for bettors.

Unlike the NFL, which plays almost all its games on Sunday, college football offers bettors the chance to wage on matchups happening throughout the week, including thirty plus matchups on Saturdays.

A greater slate of games means more money lines, more spreads, more chances to get some bang for your buck.

According to SportsInsights there was a point spread listed for 894 college football games in 2015. Meanwhile, in merely a handful of offshore sportsbooks, a grand total of 12,774,988 bets were placed during the college football season.

With so many options it’s easy to see why college football ranks as one of the most bet-on sports in America.

As part of this article, we will discuss the different types of bets you can make on college games as well as some helpful tips and strategies for maximizing your returns.

But before we get into all that, let’s first take a look at the basics of our very own predictive wager system.

The Sports Analytics Simulator

The Simulator is built based on a predictive model created by a doctor with an extensive background in mathematics, psychology, and operations research.

The best networks were able to correctly predict the winning team 74.33 percent of the time (on average) as compared to the experts who were correct 68.67 percent of the time.

This individual has worked with multiple professional and collegiate sports organizations, player agents, sports data agencies and a top-ranked fantasy website. His work with professional sports organizations includes optimizing scout travel, in-depth player analysis and lineup configurations.

Among his greatest innovations was the discovery of neural networks as a powerful tool for sports betting.

A neural network is defined as a computer system modeled on the human brain and nervous system. Using this technology, the good doctor found that “the best networks were able to correctly predict the winning team 74.33 percent of the time (on average) as compared to the experts who were correct 68.67 percent of the time.”

Who Is The Public Betting On College Football

While the model was initially developed around NBA betting, it has since been applied to other sports — chief among them, college football.

What makes the Sports Analytics Simulator unique is that it relies not on data inputs (statistics) from previous seasons, but on continuous game-to-game updates.

The Simulator’s specific algorithms run through up to forty different stat categories to create the most efficient model possible. From this model, we derive our picks for each game. And the best part is, our system is a living, breathing predictive model — it possesses machine learning capacities that allow to detect trends and potentials that we mere humans could only dream of finding.

For more information, check out this handy dandy video on how it works:

College Football Betting

Now that we’ve gotten that out of the way, let’s talk about the fundamentals of college football betting. Much like the NFL, college football offers the standard bets: spread, moneyline, totals, parlays, and teasers. Unique to college football are the 1st quarter and halftime bets. Let’s take a look at each type.

Spread Bet

Just like the NFL, college football’s most popular wager is the spread bet.

With spreads, bookmakers set a spread with a favorite and an underdog. This type of bet equalizes the chance of winning a wager.

Football

In order for you to win on a bet of this nature, one team must cover the spread — so if the spread is -7 in favor of the Florida State over Oregon, the Sentinels must win by seven points or more. Whereas in order for the Ducks to cover the spread, they must either lose by less than seven points, or win.

For any spread, the underdog is indicated by a “+” while the favorite is indicated by a “-”. To make it simpler, the spread gives the underdog a ‘head start’. In this case, the Ducks have a +7 head start in points to kick off the game.

Also, when looking at spreads, you’ll see a larger number next to the actual spread. It might look like this:

  • Florida State -7 -115
  • Oregon +7 -105

The larger number is what’s called the Juice. It’s basically the fee that bookmakers charge for you to place a bet. In our example, if Florida State covers the spread a winning bet of $115 will yield $100 profit. Now, if you simply want to bet on the winner of the game you’ll want to place a…

Moneyline Bet

Moneyline betting is an equally common form of sports betting as spread bets. The difference is that with moneylines, bookmakers will set lines representing the favorite and the underdog. Let’s go back to this Florida State-Oregon matchup.

Let’s say the Sentinels have a favored line of -150 and the Ducks have an underdog line of +125. What this means is that in order to win a hundred dollars on the Sentinels, you must wage $150.

As for the underdogs, if you wage $100 you will win $125. Generally, the moneyline reflects the spread.

With the sheer number of available bets on a given Saturday, a bettor may choose to parlay (see below) several big favorites, which will increase the risk AND the payout of the wager. So that’s that.

Totals Bet

Totals betting is rather self-explanatory.

Also known as over/under, this form of betting involves placing a wager on the total number of points scored by both teams combined in a game.

Let’s say bookmakers set an over/under of 32 points for the Sentinels and Ducks. Your job as a bettor is to decide whether the score will be… over or under 32 points.

Prop Bet

A prop bet is a special kind of bet that has nothing to do with the outcome or final score of a game.

Prop bets come in many different forms. Some of them are player-based — how many yards or touchdowns a specific player scores. Some of them are based in live betting, i.e. if a team scores on a specific drive.

During bowl games you’ll see all sorts of fun prop bets like coin toss wagers.

Parlay Bet

You might have seen a parlay bet featured in the film, Silver Linings Playbook, (or read it in the book), wherein Pat Solitano’s father, Patrizio Sr., places a bet on the Eagles-Cowboys game and the judging outcome of Pat and Tiffany’s dance number in a local dance-off.

Who is the public betting on college football players

In order for Patrizio to win the bet, the Eagles must win their game against Dallas and Tiffany and Pat must score 5 out of 10 in their dance competition.

This is what’s known as a parlay bet, wherein various games and outcomes are rubber-banded together into one single bet.

In order for the bettor to win the wager, all outcomes must unfold accordingly. This might involve a handful of other bets such as a totals bet and a moneyline bet. In college football, this is a common form of betting to increase risk and reward for your wagers.

Teaser Bet

A teaser bet is a form of parlay that involves a combination of two to ten wagers in which you adjust the point spreads and/or totals in your favor in exchange for a lower payout.

When your teaser includes a point spread, you have the option to decrease the spread for the favorite or increase the spread for the underdog.

College

When you’re teasing a total, you can increase the under or decrease the over.

Like a parlay, winning the bet is dependent on all of the wagers winning.

Standard teasers are 6, 6.5 and 7-point. There’s also a sweetheart teaser, which offers you have the choice to tease a line by 10 or 13 points. It’s basically a parlay with a little bit of zazz.

A teaser involves the same stipulations as a parlay; only you select a number of points to put down to decrease the risk (and reward) of a parlay.

For example, if a spread for a game is -7 and you place a 3-point teaser bet, your new line is -4. This 3-point advantage applies to each aspect of the teaser play.

College Football Betting Stats

Now that you know the basics of college football betting, let’s touch on some important factors to consider when handicapping games.

First and foremost, you’ve got to understand the nature of college football. In the NFL, all 32 teams are relatively equal in stature. Size, speed, skill—the NFL is filled with ever-tight competition.

But in college football, the stakes are different. Emotions run high. Motivations change week-to-week, game-to-game.

Up to 70 players can impact the outcome of a given matchup.

Experts have a lot of ideas about what statistics most impact a college football game. The following five, derived from numbers from the 2016 season, have consistently proven their influence on a team’s odds.

Explosiveness – as measured by PPP (points per play)

This one is simple. If a team makes more big plays than their opponent, they’re likely to win the game.

According to statistics, if a team leads in PPP they will win 86 percent of their matchups.

So look for a team with a penchant for big plays, and keep an eye on their opponents’ defensive stats.

If they’re giving up high PPP numbers each week, there’s a good chance they’ll lose.

Efficiency – as measured by success rate.

Success rate is measured by a number of baselines: 50% of needed yards on first down, 70% on second down, and 100% on third or fourth down.

This stat is similar to on-base percentage in baseball.

If a team has a high efficiency rating, they’re likely to avoid drive-crippling passing downs and, beyond that, stay on schedule, control the clock, and wear down their opponent’s defenses by keeping on the field.

If a team can best their opponent in efficiency, they’ll also win the game 83 percent of the time.

Field Position – as measured by average starting field position

They say special teams wins games. That’s what makes them so special.

Sure, it’s always a boost when a return man can return a kick or a punt for a touchdown. But it’s his ability to consistently provide his team with outstanding starting field position that determines his worth. Hence why good return men are so highly coveted in football.

They are often their team’s x-factor—the difference between having to drive 75 yards or 65 yards to the end zone.

As such, the team who wins the battle for field position wins the game 72 percent of the time.

Finishing Drives – as measured by points per trip inside the 40

Finish what you’ve started.

At this point you might find these tips a bit formulaic. It stands to reason that if a team creates big scoring plays, controls the clock, manages the ball, establishes solid field position, minimizes turnovers, and maximizes scoring drives, they’ll likely win the game.

When it comes to finishing drives, it’s less about how many opportunities you get inside the red zone, and more about how many points you can score once inside the 40.

There are numerous examples of teams creating more red zone opportunities but fewer scores than their opponent.

In 2012, Hawaii created 12 scoring opportunities against Colorado State’s four on October 27. They outgained the Rams by 102 yards, but still lost, 42-27. Talk about demoralizing.

The Warriors lost three turnovers (at the CSU 30, 31, and 33), punted twice (at the CSU 39 and 40), attempted three field goals (missing one), and turned the ball over on downs at the 2. Not to mention one of those three turnovers was an interception returned for a touchdown.

The point is straightforward: teams must score touchdowns on the majority of their drives that reach beyond their opponent’s 40.

Field goals will not cut it.

Basically, if a team can still put points on the board despite fewer scoring opportunities, they’ll win the game 72 percent of the time.

Turnovers – as measured by turnover margin

If we’re not beating a dead horse by now I don’t know what we’re doing.

Surprisingly enough turnovers are not the biggest factor to consider when handicapping games. But they still matter.

If you can minimize the amount of times you give up the ball, you’re obviously going to increase your chances of capitalizing on offense.

Keep the ball in your possession, and the game is likely yours—assuming you can put the ball in the end zone. The team that wins the turnover battle wins the game 73 percent of the time.

While mastering these five aspects will go a long way towards helping a team win, bettors must not solely rely on them for handicapping games. College football outcomes swing like a loose pendulum.

Cellar dwellers beat good teams when they’re not looking, or at the very least beat the spread. Slumping squads can come out strong against rivals or must-wins.

Who

Oh, and there are other conferences besides the big ones (SEC, Big 12, Big 10, ACC, Pac 12).

Oddsmakers tend to look at the big TV games and the big conference matchups—the ones they know the betting public will be going heavy on.

This means, smaller conference games will likely slip through the cracks. If you’re betting ‘over/unders,’ look at the smaller conferences as value could be there because of the lack of two-way action.

There is big money to be made in smaller-market games. One thing I’ve learned in life is never to follow the crowd. If you want to outsmart oddsmakers and increase your returns, be your own advocate, look for the games people are sleeping on.

Thankfully, they’re not hard to find in the NCAA.

Who is the public betting on college football scores

Betting on football is the biggest part of the growing US sports gambling market. That’s due largely to tremendous interest in betting on the NFL, but also because of the games that take over Saturdays in the fall for sports fans: collegefootball.

Read on for more information about betting on college football legally in the US and the market for it in the states.

Where can you legally bet on college football in the US?

College football betting used to be legal only in Nevada. But now, it’s legal in a variety of states around the country.

Here’s the current list of states where you can bet on sports, in general, (or will be able to in the near future), and wager specifically on college football:

StateIs sports betting legal?Is online sports betting legal?
ArkansasYesNo
ColoradoYesYes
DelawareYesYes, launch undetermined
IndianaYesYes
IowaYesYes
MississippiYesYes, on-property only
MontanaYesYes
NevadaYesYes
New JerseyYesYes
New MexicoYes, at multiple tribal casinosNo
New YorkYesNo
North CarolinaYes, pending launchNo
OregonYesYes
PennsylvaniaYesYes
Rhode IslandYesYes
TennesseeYes, pending launchYes, pending launch
Washington DCYes, pending launchYes, pending launch
West VirginiaYesYes

A number of states have considered either a ban on collegiate sports entirely or a ban on betting on events involving schools in that state.

New Jersey is the only state where a ban on in-state collegiate events and in-state colleges exists. Nevada used to have a ban on betting on in-state schools — UNLV and the University of Nevada — but that ban has since been rescinded.

Who Is The Public Betting On College Football Game

Here is a quick look at college football betting in some key states:

College football betting in Nevada

If you want to bet on college football in Nevada, you’re in luck, because there is no shortage of options. More than 100 sportsbooks are available; many in the population centers of Las Vegas and Reno.

Almost every sportsbook also offers a betting app where you can wager.

There is also a bowl game in the state every year: the Las Vegas Bowl. It pits teams from the Mountain West Conference and the Pac-12 Conference.

College football betting in New Jersey

College football betting is undoubtedly a big part of the pie in New Jersey, because of the massive interest in college football generally.

But that is not because of interest in the in-state teams. Rutgers sometimes makes a bowl game but is usually not a player on the national scale.

Some of the online sportsbook options in New Jersey include:

College football betting in Pennsylvania

There are a lot of colleges in PA, so that should mean lots of interest in betting on them legally.

However, one college stands alone in fandom in the state: Penn State. It’s a huge state school that draws fans from across the state, even if they didn’t attend.

Penn State is often in the upper echelon of the Big Ten and ranked nationally, although it has never made the College Football Playoff. It has won the national title, but it hasn’t in decades.

Who Is The Public Betting On College Football Bowl

Other schools, like Pitt, Temple and Villanova, also draw rooting and betting interest in the state.

Here are the options for online sportsbooks in Pennsylvania:

College football betting in West Virginia

Every other sport pales in comparison to West Virginia football in the Mountaineer State. And that’s especially true for betting on WVU football.

In fact, WV football is so big that it’s likely to be the single biggest driver of betting handle and revenue in the state.

Marshall University is also significant in West Virginia, and the team usually fields a competitive and sometimes very good football team that will draw betting interest.

Right now, there are two options for betting on college football online in WV:

College football betting in Iowa

Iowa is one of those states where betting on college football should be massive, especially as online betting gains traction.

The two-state schools, Iowa and Iowa State, are often excellent programs. And Nebraska, another program with a rabid fanbase, is just over the border, as well.

College football betting in Indiana

Indiana is another state with a lot of interest in betting on college football, mainly because it is the home to NotreDame. The private school is routinely in the national championship hunt and is a favorite to watch nationwide. Its home state makes betting on Notre Dame football big business.

Indiana and Purdue also field football teams and should draw a lot of betting interest from Indianans.

College football betting in Oregon

Oregon will not have college sports betting on the app from the state lottery. However, you will be able to bet on college sports at any tribal casino that opens up a sportsbook in the state.

Where does the NCAA stand on sports betting and betting on college football?

The group that oversees college athletics has been staunchly against betting on college sports for all of its existence; however, it has at least relaxed its stance in recent years.

The NCAA is still advocating for a federal ban on betting on collegiate events, or in state-level laws whenever possible. That’s despite the fact that there are billions of dollars already wagered on collegiate sports on the black market via local bookmakers and offshore sportsbooks that serve the US illegally.

Short of that, the NCAA and its member schools think the ban on in-state games for any state legalizing sports betting is also preferable.

The NCAA was the lead plaintiff in the federal court case that led to the end of the federal sports wagering ban. It joined the NBA, MLB, NHL and NFL as plaintiffs in the case against New Jersey, which was attempting to prove that the ban was unconstitutional.

While some of the professional leagues evolved their stance on legal and regulated betting before and in the wake of that decision, the NCAA has not.

The market for college football betting

It’s difficult to come up with exact numbers for how much Americans bet on college football.

Our best data comes from Nevada, where we know betting on football, in general, is king of all sports. The state does not break down wagering by pro and college football. But anecdotally, the breakdown between the two is about 50-50.

While betting on the NFL is more popular, in general, there are more games at the collegiate level. There are more than 100 teams in the top echelon of college football — the Football Bowl Subdivision — with most of those playing on any given Saturday. That gives bettors more games they might be interested in betting on.

That dynamic could be different in other states, in that college betting could be more popular. The college teams in Nevada are not terribly good or popular in any given season, so interest in betting them is often muted.

But college football is hugely popular in many of the states that are legalizing sports betting. That’s especially true in the Midwest and the South, where there often isn’t a hometown pro football team to cheer for and bet on.

That includes the likes of West Virginia, Iowa, Indiana and Mississippi, where all have seen brisk college football betting as gambling became legal in each of those states.

As far as the illegal, offshore market go, again, good estimates are difficult to come by. The universe for all betting is tens of billions to $150 billion, depending on who is making the estimate. Certainly, billions are being wagered via illegally operating sportsbooks and bookmakers every week on college football.

College football schedule and the biggest windows for betting

The college football season ebbs and flows, and betting on it will do so as well. Here’s a look at how the calendar goes every year:

  • Early season: When football returns, people love to get action on the games. While meaningful games are often in short supply early in the season, that doesn’t stop people from betting on games.
  • Conference rivalries and top-25 matchups: Throughout the season, some games are bigger than most. When traditional rivalries take place in the Power 5 conferences— the SEC, the Big 10, the Big 12, the Pac-12 and the ACC — these are often huge in terms of how much will be bet. Similarly, when two rank teams play each other, there’s more action on those games because they will air on national TV. When these two variables coincide, that is a formula for a lot of betting at legal sports.
  • Conference championship week: At the end of the regular season, most conferences feature championship games between the league’s top two teams. Because there are fewer games this weekend, that will likely translate to a lot of betting on high-profile matchups.
  • Bowl season: Perhaps the best time of year for betting on college football is when the bowls roll around. The games feature matchups of teams that don’t often play each other and are usually on national TV. That translates to people wanting to bet on these games, whether at a sportsbook or in pick’s contests with friends.
  • National championship playoffs: The three biggest games, in terms of betting in the US, will be the three games that pit the best four teams in the country. First, two teams square off in the national semifinals. The winners advance to a winner-take-all game for the national championship. Just like the SuperBowl, the final game of the season for all the marbles is also the biggest in terms of betting handle.

Legal betting on college football vs. offshore sportsbooks

Not every sportsbook that will allow you to place bets on college football is operating legally in the US.

A variety of offshore sportsbooks serve the US market, including most of the states that have legalized sports betting. But those online sportsbooks are located outside of the US and operate in violation of state and federal laws.

How do you tell the difference? Well, the offshore sportsbooks that are commonly found by sports bettors are:

  • Bovada
  • BetOnline
  • MyBookie
  • Bookmaker.eu

None of these sportsbooks serve the US market legally.

The easiest way to tell if a sportsbook is legal and regulated in your state, there will usually be a logo of the state’s gaming board along with a link to its licensing. If a sportsbook says it is licensed by a country and not a state in the US, is not operating where you live legally.

The moral: Choose carefully when deciding where to place your bets on college football.

Who Is The Public Betting On College Football Scores

How to bet on college football

If you want to bet on college football, there are a variety of ways to do so.

Who Is The Public Betting On College Football Teams

If you’re relatively new to betting on sports, in general, you can read more about sports betting terms. But the most common means of betting on football include:

Who Is The Public Betting On College Football Games

  • Point spread bets: A sportsbook sets a line of how much one team will win by. A bettor will wager whether either team will be able to able to beat the spread, by winning or losing by more than the allotted number of points in the spread. If you bet on Alabama to cover a 3-point spread, for instance, they must win by 4 or points for a winning bet.
  • Moneyline bets: This is a simple wager on who will win a game.
  • Totals bets: A sportsbook sets a line on how many points will be scored in a game. A bettor chooses over or under that total.
  • Futures bets: This is a bet on whether a team will win a conference or the national title, among other things, placed early in the season.
  • Parlay bets: This is where multiple outcomes are wagered in a single bet. If a bettor chooses all the outcomes correctly, it results in a higher payout than betting them individually would. But more outcomes tied to a wager means it is more difficult for a bettor to win.