College Football is one of the most popular spectator sports in the United States of America. The top teams draw in tens of thousands of fans from all over the country and generating tens of millions of dollars in yearly revenue. With this popularity, comes the opportunity for betting. A massive fan base and the size of the 11 Division 1 conferences make National Collegiate Athletic Association (NCAA) football a powerhouse in the sports betting industry. The regular seasons and the bowl games provide plenty of opportunities for bets, and enough matchups being played weekly allows for oddsmakers such as BetOnline to keep busy setting the lines.
The plentiful opportunities for sports betting that college football provides, naturally draw in a lot of potential fans and bet-makers. And while there certainly are people who have a natural proclivity towards betting, some don’t know where to begin. Hopefully, this article can provide a quick and easy guide for those who want to get into betting on college football, but just don’t know where to start.
Online Betting Versus Live Betting
First off, let us take a look at the advantages of visiting online betting sites versus going to land-based betting stores. The first advantage, and the most obvious one, is that online betting is simpler and quicker to use. All you need is to find an online betting site, make an account and start betting. All from the comfort of your home. This is a very important perk, especially in the current pandemic.
Another major advantage is the 24/7 availability of online betting apps. At any point in the day or night, you can log into your account on the site and make a bet. This is not even mentioning the user and beginner-friendly interface these apps provide. In this day and age, anyone can participate, and profit from sports betting.
The last major advantage we will talk about is the use of bonus codes, which provides a number of perks when it comes to betting. A lot of online sports betting bookmakers provide bettors with bonus codes, such as Bet365 Bonus Code, which provide a plethora of unique perks and rewards. Best of all, registering on these sites is quick and easy, so you can be prepared to start sports betting using these perks in no time at all.
The most popular and easy way for beginner or casual bettors as well as pros to bet on college football is to make so-called Moneyline Bets. A Moneyline Bet is as simple as looking at the two teams competing and choosing one to bet on to win or lose. There is no catch, no tricks. It is a simple right or wrong.
Before you start making Moneyline Bets, you will need to understand a bit of the terminology associated with these bets. Namely what plus (+) and minus (-) odds are and what they mean. When looking at odds charts, the number with a minus next to it signifies how much you would need to bet in order to win one hundred dollars, whereas the number with the plus next to it shows how much money you would win if you were to bet one hundred dollars.
Lastly, there will be games that don’t have an obvious winner. In most games there is a favorite, and an underdog team, meaning a team that is likely to win, and one that is likely to lose. However, there are times when the teams are rated either evenly, or close to even.
At those times, you will need to keep a cool head on your shoulders and study each team’s past in order to come to the right conclusion. An important aspect of sport betting is to know the teams you are betting on. Look into the recent history of the teams, the college football playoff rankings and the Associated Press Top 25 Poll.
A point spread is a bet you make in regards to how much a team will win or lose by. When making point spread bets oddsmakers give a disadvantage to the favorite by not allowing the team to win by more than a set amount of points, and an advantage to the underdog to not lose the game by a set number of points, or to win the game.
This kind of betting turns every game in the National Collegiate Athletic Association a fair matchup, no matter how lopsided it appears to be on paper. Choosing a team to cover a point spread, rather than winning outright makes watching college football a bit more fun to watch.
These are just a few of the things you need to understand before dipping your toes in the world of college football sports betting. Hopefully these trips can help you in your upcoming journey.