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The college football world was wishing for a March Madness type of feel for the first-ever 12-team College Football Playoff, with upsets galore. Instead, the four first-round matches underwhelmed, supplying a lot of time for vacation shopping. Favorites went a best 4-0 versus the spread, including three relatively non-competitive performances by underdogs Indiana, SMU and Tennessee. Sportsbooks and the general public do not appear to believe so. A minimum of in 2 cases.
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Both Penn State-Boise State and Texas-Arizona State function double-digit spreads favoring the lower-seeded Nittany Lions and Longhorns. And the latter has been a particularly popular choice with the general public. The Longhorns -12.5 is the most-bet side at BetMGM nationally in regards to total dollars as of Monday afternoon.
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"All the cash is coming in on Texas," Seamus Magee, a BetMGM trader, wrote in a text message to The Athletic. "We need Arizona State to cover +13.5."
The enthusiasm for the Longhorns reaches the futures market too. Bear in mind that massive $1.5 million wager on Texas to win all of it at +390 odds? The ticket is still out there at Caesars Sportsbook.
Interestingly, the Longhorns' challenger, Arizona State - the biggest underdog among the College Football quarterfinal matches - is getting the most love from sharp bettors. The Athletic talked with numerous bookies who had taken sharp action on No. 4 Arizona State - which had gotten as high as a 14-point underdog at some books against No. 5 Texas - to push the line down to -12.5 or -12.
John Murray, the executive director at The Westgate Las Vegas SuperBook, informed us he got a wager on Arizona State +13.5 from a "extremely highly regarded player."
Despite the fact that respected cash has can be found in on Arizona State to cover, sportsbooks will likely require the Sun Devils to do simply that, as public gamblers are overdoing Texas.
"We would enjoy to see ASU cover, and after that Texas win the game, so we get our Arizona State liability off the futures book," Magee included.
While the Texas game will be huge for the books, it isn't the only video game in town. We talked with several bookies to break down where the sports betting action is on the other three College Football quarterfinal matchups. 6 Penn State (-11, 53) at No. 3 Boise State
This video game opened Penn State -10.5 at many sportsbooks and has actually sneaked up slightly to an agreement of -11. sports betting on the spread is relatively divided at a lot of sportsbooks. The overall dollars wagered varies by book, as 52% of bets and 79% of the money at BetMGM nationally are on Boise State -11, while 56% of bets however just 42% of the money at DraftKings is on Boise State -11.5. Penn State to cover is currently the 2nd most popular CFP wager in regards to overall tickets at BetMGM books.
"We opened Penn State -10.5 and are sitting on Penn State -11," Thomas Gable, sportsbook director at The Borgata in Atlantic City, informed The Athletic. "I would not be surprised if this line approaches a little bit more before kickoff, but I presently welcome any Boise State money."
Ohio State got the Oregon 2nd chance it desired. Are the Buckeyes all set for vengeance?
No. 8 Ohio State (-2.5, 55.5) vs. No. 1 Oregon
Perhaps most surprising to the general public is that No. 1 seed Oregon is an underdog versus No. 8 Ohio State. These teams fulfilled back on Oct. 7 in Eugene, and Oregon won 32-31 as a 3.5-point home pet dog.
So why is OSU preferred?
Several oddsmakers The Athletic talked with before the CFP first round had Ohio State atop their power ratings, and the lookahead lines for this theoretical matchup were Ohio State -1 or -1.5. One oddsmaker discussed that Ohio State playing up to its power ranking in its dominant first-round win over Tennessee likewise formed his opening line.
Ohio State opened as a 1- or 1.5-point favorite (depending upon the sportsbook) in this video game before reputable cash pushed it to the existing line of -2.5. A slightly higher majority of wagers at numerous sportsbooks, approximately 60%, are on the Ducks to cover, while near to 60% of the cash has actually been available in on the Buckeyes. This will likely be the highest-handle video game of the four come kickoff.
"We did take some reputable money at -1.5, rapidly went to -2.5 where it's remained," Gable stated. "It's decent two-way action at that number right now. The overall has actually gone up 3 points from 52.5 to 55.5, which has actually been the greatest move of any of the totals. Money has actually all been on the over so far.
Joe Brennan, the CEO of Prime sports betting, a sportsbook in Ohio and New Jersey that deals with sharp bettors, informed The Athletic that "Ohio State opened as a 1-point favorite, and instantly our believed we were too low. Our opening price of Ohio State -1 has actually been driven up to -2.5 and the overall from 52 to 55."
He did note, however, that the book had seen significant buyback at the current line of Ohio State -2.5 and that 52% of the overall dollars at his book were taking the points with the Ducks.
GO DEEPER
The most likely upsets for the College Football Playoff's second round
No. 7 Notre Dame vs. No. 2 Georgia (-1, 45)
The favorite turned in this game, as Notre Dame opened a 1.5-point favorite and is currently a 1- or 1.5-point underdog at sportsbooks.
What caused the line flip? Basically, the wagering action.
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Although Georgia's starting QB Carson Beck is out for the season and has actually been replaced by relative unknown Gunner Stockton, wagerers are gravitating toward the Bulldogs.
Georgia to cover is the most popular against the spread wager at BetMGM books nationally in terms of ticket count (second-most popular by total dollars wagered), and it has actually been "one-way traffic on Georgia," according to Magee. Nearly 70% of bets are on the Bulldogs at multiple sportsbooks.
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College Football Playoff Betting Action Report: 'All the Money is Can Be Found In On Texas'
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