You know the teams and the players and you feel confident that you can pick the winning side, but you don’t know all the lingo or how each bet works or all the type of bets that are available for college football betting. We’ll do our best on giving you an overview of most of the popular football wagering options.‏

Point Spread Betting

The most common bet in college football betting is on the point spread. A point spread wager is a handicap used by the bookmakers in hopes of getting balanced action on a game. For example Alabama is hosting UL Monroe at home on September 26th. It doesn’t take a football expert to know that the chances of UL Monroe of winning this game are not much lower than my chances of winning the Powerball lottery this year. In other words close to nil. If the sportsbook offered a wager that you just had to pick the winner at even money meaning wager $100 to win $100 the sportsbook would be out of business in a week. Instead the bookmaker offers a handicap on the game known as a “point spread”, so we might see Alabama with a point spread of -34 for this game. If you wagered on Alabama on the point spread you would need the Crimson Tide to win the game by 35 or more points to cash your bet. On the other side of the line if you wagered on the Warhawks you would win your bet if they won or if Alabama won the game by less than the 34 point spread.‏

Money Line Betting

The sportsbook also offer a moneyline bet on most NCAA football games. The moneyline set by the lines maker is also a handicap, but instead of points you give or receive money. Most betting shops will not have a money line on this game, but the ones that do may have this game at Alabama -5000 which would mean that you need to risk $5000 to win $100. If you chose the underdog UL Monroe a line like +3500 may be shown on the odds board which would have bettors wagering on the Warhawks on the moneyline being rewarded with $3500 for every $100 risked if ULM pulled off the huge upset. .

Parlay Betting

A parlay bet is a wager that requires multiple event to win for you to have a winning bet. You can use any combination of totals, moneylines or point spreads when compiling your parlay. So you may have a bet that looks like this.

Wager

9/3/2015 6:00 PM South Carolina* -155 vs North Carolina
9/3/2015 7:00 PM Oklahoma State* -22½ -110 vs Central Michigan
9/3/2015 9:00 PM Minnesota U* +14 -110 vs TCU
9/4/2015 1:00 AM Colorado/Hawaii* Over 58½ -110
Risking $100.00 To Win $1052.00

As you see you are rewarded handsomely for the risk with in the above example a payout of 10.52 to 1 on the four event parlay. Note that you must win all the events for you to receive the full payout or tie. If you tie on an event the payout drops accordingly with the event being removed.‏

Teaser Betting

A teaser is similar to a parlay in that you can group multiple events together to increase your payout. The difference is that with a teaser you are getting added points to subtract from your point spread line in the case of a favorite or add to the spread for an underdog. Most sportsbooks offer teasers of 6-7 points but there are some that offer teaser lines from 4 points all the way to 20 points.

Future Bets

A future bet in college football is normally based odd to win a conference or title. I’ve included examples on how the odds board would look for the AAC Conference Champion and the for the NCAAF National Football Championship.

American Athletic Champion – Odds to Win

Cincinnati +230
Memphis +280
Temple +575
Houston +700
Central Florida +750
East Carolina +900
Navy +1100
South Florida +5500
SMU +10000
Tulane +10000
Tulsa +10000
Connecticut +12500

College Playoff Championship Game – Odds to Win

Ohio State +350
Alabama +925
TCU +1075
Auburn +1500
USC +1700
Florida State +1800
Baylor +2050
Oregon +2550
LSU +2600
Georgia +2700
Michigan State +2800
Notre Dame +3200
Clemson +3300
UCLA +3300
Oklahoma +4000
Mississippi +5000
Arkansas +5100
Stanford +6100
Texas A&M +6500
Tennessee +7000
Arizona State +8000
Texas +8000
Wisconsin +8300
Florida +8500
Michigan +9000
Mississippi State +9000
Oklahoma State +9000
Georgia Tech +10500
Arizona +13000
South Carolina +14000
Missouri +15250
Virginia Tech +15500
Louisville +16500
Miami Florida +16500
Nebraska +16500
Kansas State +17500
Penn State +18000
West Virginia +20000
Utah +22000
Boise State +23500
BYU +30000
Texas Tech +30000
Washington State +35000
NC State +40000
Washington +45000
California +50000
Duke +50000
Minnesota +60000
North Carolina +70000
Pittsburgh +70000
Kentucky +80000
Cincinnati +80000
Colorado +80000
Rutgers +80000
Maryland +80000
Iowa +100000
Northwestern +100000
Virginia +100000
Boston College +120000
Vanderbilt +120000
Marshall +120000
Memphis +120000
Indiana +150000
Iowa State +150000
San Diego State +150000
Louisiana Tech +150000
Oregon State +200000
Utah State +200000
Purdue +200000
Northern Illinois +200000
Toledo +200000
Temple +250000
Syracuse +250000
Illinois +250000
Western Kentucky +250000
Central Florida +300000
Wake Forest +300000
Bowling Green +350000
Houston +400000
East Carolina +500000
Air Force +600000
Kansas +700000
Colorado State +700000
Western Michigan +700000
Navy +800000
Akron +800000
Appalachian State +800000
Nevada +900000
Ohio +950000
Georgia Southern +950000
Rice +950000
New Mexico +950000
Connecticut +990000
South Florida +990000
Fresno State +990000
SMU +990000
Army +990000
Tulane +990000
Tulsa +990000
UNLV +990000
Wyoming +990000
Middle Tennessee +990000
Arkansas State +990000
Ball State +990000
Louisiana Lafayette +990000
San Jose State +990000
Massachusetts +990000
Hawaii +990000
Florida International +990000
Kent State +990000
Texas State +990000
UTEP +990000
Old Dominion +990000
Southern Mississippi +990000
Louisiana Monroe +990000
Central Michigan +990000
North Texas +990000
Florida Atlantic +990000
South Alabama +990000
Buffalo +990000
Idaho +990000
New Meixco State +990000
Troy +990000
Texas San Antonio +990000
Georgia State +990000
Eastern Michigan +990000
Miami Ohio +990000
Charlotte +990000‏

2015-2016 College Football Futures

Big 12 Future Betting Odds
Big Ten Future Betting Odds
AAC Future Betting Odds