Bettors must risk more money to profit when placing a wager on a favorite as compared to an underdog. By contrast, Georgia's moneyline of -152 means that a bettor would win $100 for every $152 invested. This would give you a total payout of $230 with your original $100 wager included.

Alabama matchup, a $100 bet on Alabama at +130 odds would result in a $130 profit if they won the game. The specific numbers next to the plus or minus signs indicate the associated payout amount for betting on each team. Alabama is the underdog with the +130 moneyline. You can tell that Georgia is the favored team in this game because they have a -152 designation moneyline. You can tell which team is the favorite in an odds table as they will be designated with a minus sign (-) while the underdog will be given a plus sign (+). Here's how the moneyline bet looks for our selected college football matchup: The favorite is the team that is expected to win the contest, and conversely, the underdog is the team that is expected to lose. Almost every single game will have a favorite team and an underdog team. The most common betting types that you will encounter with college football are:Ĭollege football moneyline bets simply require a bettor to select the winner of a particular contest. Understanding the various types of college football bets, and how they payout, is a must before placing a wager with any confidence. We will use the odds table for the National Championship between the Alabama Crimson Tide and Georgia Bulldogs as an example throughout this guide. This college football betting guide will give you the foundational information that you need to understand basic betting terminology, interpret game odds, and utilize moneylines to help you make educated NCAAF picks each week. If you’re new to sports betting, or specifically college football betting, our standard odds tables may be a bit overwhelming. North Carolina sports betting is the next state expected to launch mobile sports betting! Sportsbooks can launch as early as January 8, 2024, so be sure to pick your favorite books in anticipation of launch day! College Football Odds Be sure to follow the news if you're in a pending state.

There are several states that are in the process of creating or voting on legislation that would legalize mobile sports betting. Legal online sports betting is currently available across 29 states, including Washington, D.C.! You can see the status of sports betting in your state with Action Network's legalization tracker.

College football schedule betting lines