NCAA Football Odds
NCAA Football Odds Online
If there were a gold medal awarded to the most popular sport to bet on, it would surely be awarded to the world of NFL betting.
However, if there were a silver medal awarded for the second most popular sport to bet on, that would absolutely go to college football, and for good reason, as there are few sports in the world that can compare to the pageantry presented every weekend from around the college football universe.
With games taking place all throughout the week, but predominantly on Saturday, college football betting is ripe with lots of opportunity to win money.
This page will serve as your guide for knowing the nuts and bolts of college football betting and help send you on a path to a profitable wagering season.
NCAA Football Against the Spread Wagering / Point Spread Betting
There are several ways to bet on the wonderful sport of college football, but the most popular means to do so comes via point spread betting.
For those not overly familiar with point spread betting (also referred to as ‘betting against the spread’), point spread betting was adopted as a means to make any given matchup as close to a virtual coin-flip as possible.
All teams are not created equally, and this holds even more truth in college football where talent discrepancies are very apparent between the blue-blood college football programs and the college football programs in smaller conferences.
Because of these noticeable gaps in talent between the “haves” and “have-nots” in the world of sports betting, an equalizer had to be instituted, thus the point spread was born.
The point spread gives a reason for bettors to risk money on either team that is playing in that particular matchup. The better team in that particular matchup is considered the “favorite”, while the worse of the teams playing in the game is called the “underdog”.
The favorite in any given matchup will be indicated as such by having a minus-symbol (-) preceding their respective point spread. You may also hear the favorite be referred as the team that is “giving points”.
This is because this is essentially what a point spread entails, the better team in a given matchup will have to win by a margin of victory that is greater than the point spread offered by the sportsbook.
For the underdog, the direct opposite is the case. The underdog in any given matchup will have a plus-symbol (+) preceding their respective point spread, and unlike the favorite, they do not have to win their matchup outright in order to win your wager.
To better illustrate this, here is an example of a point spread you may encounter when betting on college football.
LSU +3.5 (-110)
at Alabama -3.5 (-110)
In the above example, if you believed Alabama would defeat LSU by 4 points or more, you would wager on Alabama -3.5. If you believed LSU would lose by less than 3 points or win the game outright, you would take LSU +3.5.
The number directly to the right of the point spread is what is referred to as the “juice” or “vig” on the game. This is the sportsbook/oddsmaker’s built in house edge that will assure that the sportsbook operator will see a little money over time.
This number is also the traditional scale you will see used across most point spread betting and is always based off the notion that you are betting $100 to win a certain amount or a certain amount to win $100.
This reads exactly how you would read a point spread.
When the juice has a minus-symbol (-) preceding that amount, that is the amount you would need to risk to win $100.
When the juice has a plus-symbol (+) preceding that amount, that is the amount you would win if you bet $100 on that side and were correct.
In using the above LSU vs. Alabama example once again, if you wished to win $100 with your wager (regardless of the side you were on), you would need to risk $110 to do so.
NCAA Football Moneyline Wagering
Moneyline wagering is the simplest way to wager on sports. Instead of worrying about a point handicap, the only thing you’re concerned about with moneyline wagering is picking the team you believe will win any given matchup.
Now while the art of moneyline wagering itself is simple, understanding how the moneyline pays might be a little more complicated.
When talking about moneyline wagering in college football (or any other form of sports betting), we can go back to that quick crash course on how point spread betting and “juice” work.
An example moneyline bet may be presented to you as so by your sportsbook of choice:
Essentially how this reads is if you believe Alabama will win the game, regardless of a margin of victory, you will need to risk 2x the amount you wish to win. Using the $100 scale again, this would mean you would need to risk $200 on this particular moneyline to win $100.
Conversely, if you believe LSU will win and they go on to do just that, you would be rewarded with a $180 win on a $100 wager.
But if you notice, betting on the underdog on the moneyline removes that safety net you may have that would allow for the underdog to lose the game outright but cover the point spread.
Because of this, the reward for successfully betting on an underdog to win straight up will be much higher than betting that same amount on the favorite.
In the above example, if you bet $100 on Alabama to win on the moneyline, your payout would be $50, or $130 less than the potential payout LSU winning would bring you.
NCAA Football Over/Under Totals Wagering
Totals wagering is most commonly referred to as an “Over/Under” bet, or just taking the “over” or “under” on a given matchup.
Regardless of the slang term you wish to roll with to describe it, totals betting is incredibly simple to understand and is very similar in principle to a point spread wager.
The most common variation of totals betting comes in betting on the combined points total in any given matchup to go OVER or UNDER the projected amount of points set by oddsmakers.
An example of this in action would look like so:
LSU +3.5 (O51.5)
Alabama -3.5 (U51.5)
As you can see, you have the option to bet on the original point spread or the combined total of 51.5. If you believe the game will go above that number, you would take the OVER 51.5 (or O51.5). If you believe the game will go under that set total, you would simply take the UNDER 51.5 (or U51.5 as it is written here).
If the above game ended with the final score of 28-24, that particular total would be graded as a win for those who bet on the over.
NCAA Football Parlay Betting
Parlay betting is another method of betting on sports that is very simple to understand in theory, but much more difficult to win than your traditional single-game wagering would be.
The best way to understand what a parlay is, is to consider a parlay as a single sports wager that requires you correctly winning two or more individual bets.
The allure of these type of wagers is that your payout when you do win one will be larger (often times significantly) than the payout on a single-game bet.
However, if you haven’t discovered this yet for yourself, winning a lone single-game bet is challenging enough on it’s own. Winning 2, 3, 4 or more single-game bets is even harder. And for a parlay to be successful, you cannot miss a single bet on your ticket.
Here is an example of how a parlay bet may be structured in college football:
Notre Dame -9.5
For this parlay to be a winning ticket, you will need Notre Dame to win by 10 points or more, Clemson to win by 17 points or more and USC to lose by 7 points or less or win their game outright.
In the event Clemson wins by exactly 16 points, that bet would be graded as a “push” and your 3-team parlay would be graded as a 2-team parlay.
It should also be noted that some sportsbooks consider a push to be the same as a loss when it comes to parlay bets. Always be sure to double check this before making your bet.
NCAA Football Teaser Betting
A teaser is a type of sports wager that is very similar to placing a parlay bet.
Each type of wager is made by selecting two or more events to occur and just like a parlay, each of these events must occur in order for the bettor to win the bet.
What separates a teaser bet from a parlay bet is that the bettor may alter point spreads and over/under totals anywhere from 6, 6.5 or 7 points in either direction.
There are additional variants of teasers in the gambling universe, some of which offer as many as 13 points in either direction, but these types of bets are only offered with select sportsbooks and the more traditional teasers in college football will fall in that 6-7 point range.
A teaser isn’t too difficult to digest after seeing the point movement in action.
Here is an example using the above parlay on what a six-point teaser would look like:
Notre Dame -3.5
As you can see, Notre Dame’s point spread has adjusted from 9.5 to 3.5, Clemson’s has adjusted from -16 to -10 and USC’s has now moved to +13.5.
If you liked each game at its original number, it stands to reason that you will really like each game with six extra points in each matchup to play with.
One last thing to keep in mind here regarding teasers. Because you are essentially buying six points in three single-game wagers, the payout for a successful teaser will be smaller than the payout of a winning parlay.
Besides that? Teasers are a very fun form of betting to add to your college football menu.
Here at OddsUSA, we will provide the best strategies, tips, trends and more to ensure your college football wagering season is a profitable one. Good luck and happy wagering!