< College Football Betting Explained

NCAAF College Football Betting Guide

 

College Football Betting Guide

College football has eclipsed MLB and NBA, becoming the second most-watched sport in America after NFL. While filling out team brackets has long been a custom during the NCAAF postseason, betting on college football has risen in popularity, with more and more people getting in the action every year. 

 

 

How to Bet on College Football

One of the reasons college football betting is so popular is because of all the options. Long gone are the days when you were restricted to picking the winner of a game. Now you can bet on the total score of a game, the stats of a star player, win totals for teams, and much more. Bets can be linked together through parlays for big payouts, and odds can be tilted in your favour by buying points and teasing lines. We’ll go through all the different ways to get into NCAAF betting in our online sportsbook.  

 

 

College Football Spread Betting

A college football spread is a margin of victory that the favourite must win by and that the underdog may lose by. For example, let’s say the Alabama Crimson Tide are playing against the Wisconsin Badgers, and the spread is 14 points. The favoured team, which is indicated by the “—" sign, must win the game by more than 14 points in order for their spread bets to pay out. On the flip side, the underdogs, which are indicated by the + sign, can lose the game by up to 13 points and still pay their backers. 

 

When the spread is a whole number, there’s the risk that the favourite will win or the underdog will lose by the exact number of points of the spread. For example, had the the Tide won by 14 points, the result would have been a tie (known as a push), and bets would be returned. 

 

 

College Football Moneyline Betting

When you bet on the moneyline, you don’t need to account for a spread. Simply pick the team you think will win the game, and if that team wins, you get paid. The amount of money you’re paid depends on the odds of your pick. When looking at a moneyline, you’ll see odds for the favourite and the underdog. 

 

Minnesota —190 

Purdue +165

 

The odds for the favourite indicate how much money would need to be bet in order to win $100. The odds for the underdog indicate how much money you’d win off a $100 bet. To win $100 off Minnesota, you’d have to stake $190, whereas a $100 bet on Purdue would get you a $165 return. Keep in mind, you can bet any amount you want within the betting limits of the sportsbook, and the payouts will scale up and down.

 

Bet on NCAAF College Football National Championship

 

College Football Total Betting

Betting on totals involves betting on the total number of points scored by both teams in a game. Before the game, oddsmakers release a number that estimates the total number of points scored in the game, and the public bets on whether they think the actual total score will go Over or Under the oddsmakers’ predictions.

 

Texas Tech O 51 (—115)

San Diego State U 51 (—105)

 

In this example, the total is 51 points. As a bettor, you’d wager on whether you think the actual score will exceed 51 points or be under 51 points. The “O” represents the “Over” and the “U” represents the Under.

 

Determining how much your wager would pay is as simple as looking at the odds in the brackets. When the number is negative, it shows the amount you’d need to bet to win $100. In our example, betting $115 on the Over would pay $100, and betting $105 on the Under would pay $100.

 

With whole numbers, like the one in our example, there’s always a risk that the total score will land on the number put out by oddsmakers. When this happens, all bets result in a push and money is returned. 

 

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College Football Parlay Betting 

Any time you plan on placing more than one bet on a big game, consider linking the bets together through a parlay. The amount of money you’d win on a parlay is substantially more than you’d win from placing the bets individually. There’s just one catch: all your bets need to win in order for the parlay to win. Let’s take a look at an example.

 

Western Kentucky +34 (—110)

U68 (—110)

 

Here, we’re linking together a spread bet on Western Kentucky and the Under. If you had placed these bets individually, staking $100 on each, and won both of them, you’d be paid $181.82. However, parlaying them together for a total of $200 staked would yield a payout of $528.93. Parlays pay 2.6446X the wager when there are two bets included and 5.9579X the wager when there are three teams included. 

 

Of course, more than two or three lines can be included in a parlay. With football, you can have up to a 12-team parlay and include things like spreads, totals, moneylines, and even some props and futures bets. If one of the bets results in a push or is graded No Action, the parlay simply gets reduced. A two-team parlay with one push would turn into a single bet.

 

 

College Football Prop Betting

Betting on things beyond the outcome of a game is what NCAAF prop betting is all about. These could be focused on individual players, team performance stats, and even season-long accomplishments, like whether or not a team will make it to the four-team playoff.

 

To figure out how much money you’d earn off a prop bet, check out the odds connected to the bet. For example, every year there’s a prop bet for who will win the Heisman trophy. All the candidates will be listed along with their odds of winning. Closer to the end of the season, when the race narrows, the favourite may have negative odds like —125. The negative odds say how much money you’d have to stake to win $100. Positive odds say how much money you’d win off a $100 bet.

 

 

College Football Futures Betting

Any long-term bet that is settled in the postseason is a futures bet. For example, betting on which team will win the championship is a classic college football futures bet, and one that can be placed far in advance. Often, it’s better to place these bets far in advance because there’s more value when there’s less information to go on. That’s why you’ll notice that futures begin to shorten as the season progresses and dominant teams separate themselves from the pack. 

 

Futures bets are assigned odds that fluctuate, but the odds you take when placing your bet are the odds that will be used to determine your payout. These are expressed as moneyline odds. Once again, positive odds indicate how much money you’d win off a $100 bet. For example, if Wyoming is +1200 to win the championship, you’d win $1,200 off $100. Closer to the end of the regular season, a team may emerge as a clear-cut favourite and have negative odds, which indicate how much you’d have to stake in order to win a $100 payout. 

 

 

College Football Buying Points

Increase your odds of winning a spread bet by buying a half-point when you get to the “Review Bets” stage of placing your wager. The half-point will shift the point spread in your favour regardless of which team you’re betting on. For example, a 6.5-point spread bet on the favourite would change the spread to —6; alternatively, it would change the spread for the underdog to +7. 

 

The security that comes from buying points isn’t free. This modification results in a lower payout than you’d get from a standard spread bet. How much lower depends on the number you’re landing on after you buy the half-point.

 

In football, some margins of victory are more common than others, and as a result, moving the spread onto those numbers is more expensive. Moving the spread onto a 3 and 7 costs more than moving the spread onto any other number.

 

The cost is added onto the odds associated with your pick. On a standard —110 line, it would cost 25 cents to move the spread onto a 3, 15 cents to move the spread onto a 7, and 10 cents to move the spread onto any other number. You’re looking at —135, —125, and —120 odds after the adjustments are made.     

 

 

College Football Teaser Betting

Another way to move the spread in your favour is through NCAA football teaser betting. With teasers, you can move the spread 6, 6.5 or 7 points in the direction that benefits you. These are exclusive to parlays and can include spreads and totals. 

 

The payout that you get for a teaser depends on two things: the size of the parlay and the number of points you’re teasing the lines by. 

Parlay

6 Points

6.5 Points

7 Points

Two-Team

—105

—115

—125

Three-Team

+170

+150

+130

Four-Team

+275

+240

+220

Five-Team

+425

+375

+350

Six-Team

+650

+525

+475

Seven-Team

+1000

+800

+700

Eight-Team

+1500

+1100

+900

Nine-Team

+2000

+1500

+1200

Ten-Team

+2500

+2000

+1500

 

Sweetheart teasers shift point spreads and totals by 10 and 13 points in the direction that benefits you, but in order to use these teasers, you need to have a three- or four-team parlay. A three-team parlay gives you access to the 10-point sweetheart teaser, which pays —110. A 13-point teaser requires a four-team parlay and pays —120. One thing to keep in mind is that if one of the bets is graded a push, the sweetheart teaser is a loss.   

 

 

College Football Round Robin Betting

Another way to decrease the risk of your parlays is through round robin betting. This form of NCAA football betting takes the bets in a parlay and creates several small parlays out of it. That way, you don’t need every single bet to win in order to get paid. We’ll take a look at an example of a simple round robin:

 

Michigan
LSU
Notre Dame

 

Let’s say you want to include these three lines in a parlay. Turning the parlay into a round robin would take the three lines and create three two-team parlays:

 

Michigan
LSU

 

Michigan
Notre Dame

 

LSU
Notre Dame

 

This way, if one team loses, you still have a winning parlay. The round robin option pops up on the Bet Slip when you add at least three lines to it.

 

Now that you know how to bet on college football, it’s time to explore the sportsbook. You can add and remove bets to your virtual Bet Slip, checking out how much they pay. If you have questions, don’t hesitate to contact our customer service team or consult with our sports betting FAQ page. Enjoy the season.

 

NCAAF College Football Betting Guide