Why Bet College Football Underdogs
You should bet on
college football underdogs this season.
Key Points
– Bettors can find
great value in betting college football underdogs this season.
– There are a number
of strategies to use when betting college football underdogs this season.
Why Bet
College Football Underdogs
Even though it seems
more attractive to wager on the favorite, understanding when it is wiser to
support the underdog is an essential aspect of sports betting.
A wager on the
underdog is one that the sportsbook believes has a lower chance of winning. The
most crucial thing to realize is that the payouts are far higher than when
betting on the underdog because they are less likely to win.
So, should you place
a wager on college football underdogs this season? Without a doubt, yes, but
only under certain circumstances.
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Pros
& Cons of Betting on College Football Underdogs
You can break it
down like this. The biggest benefit of betting on CFB underdogs are the
payouts. Underdogs are typically listed at plus-money odds. A bettor wagers
$100 on a +250 underdog and wins $250.
A college football
bettor who wagers on underdogs can lose more bets than he wins but can still
turn a profit. Each and every week, bettors can find underdog odds that offer
value.
On the other hand,
there are some drawbacks. Betting against the favorite means a bettor will lose
more bets than he wins. Plus, more research is needed to find the best
underdogs each week. Bettors can’t pick underdogs blindly.
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When to
Back the Little Guy
Betting on college
football underdogs this season is something you should be doing. It’s really
quite simple to figure out when to bet against the favorite. You just have to
understand some simple math.
You need to
understand probability and implied odds. The listed odds not only indicate how
much your bet will pay out, but also how likely the football sportsbook believes the underdog
is to win. The odds indicate the implied probability of a team winning.
Bettors can find
free sports betting calculators to help them with implied probability. Let’s
use the following example. A college football underdog is given odds of +150.
Using a betting calculator, we find the implied odds of that team winning are
around 40 percent.
If a bettor believes
the underdog’s chances of winning are higher than 40 percent, then he pulls the
trigger on the bet. A successful long-term strategy of betting on CFB underdogs
involves betting when you believe the real chance of winning is higher than the
implied chance of winning.
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Strategies
for Betting Against the Favorite
There are some
different methods to make money betting on the college football underdog. Use
these tips to guide your betting strategy.
● Maintain calm and wait for the lines to move.
When betting on the underdog, it's important to be mindful that odds might
change as the game draws near and more people place bets. Even if you believe
betting on the underdog is the wise move, it may be worthwhile to hold out and
see if their odds change. This is especially true when an underdog goes up
against a favorite who is widely expected to win. Remember, the public enjoys
betting on the favorite. Wait until you can acquire the greatest price before placing
a bet on the underdog.
● Avoid falling for the hype. Underdogs can
easily slip under the radar. People are much more inclined to pay attention to
winning teams and well-known players given how the sports media industry
operates. Examine the odds for a team or player whose opponents you suspect the
media is overhyping. It's likely that the underdog will be provided at a very
advantageous price.
● Do the research. No matter who you're betting
on, don't overlook the fundamentals. There are countless elements that can
affect an underdog's chances of succeeding. You'll be able to make better
decisions the more research you conduct. Be knowledgeable on the rivalry
between the two teams, the major players, and less obvious elements like the
venue, the climate, the opponents' travel plans, and more.
● Shop for the best odds. The only thing better
than finding a strong underdog at +185 is finding the same bet at another online sportsbook
for +225. Shop around.
Road
Dogs
Your bankroll is
unlikely to increase significantly if you consistently wager on favorites. To
break even, you need to win more than 52% of the time (with -110 odds). This is
why it might be profitable to occasionally wager on strong college football underdogs.
There are some
circumstances where it makes a lot of sense to bet on CFB underdogs. The short
road underdog is one of those circumstances. Short refers to an underdog who is
getting four points (+4) or less.
We already know that
the betting public favors home teams. When you combine the two—home
favorites—the betting public follows. When laying four points or less,
sportsbooks are essentially saying the game should be close. With everything
else adding up, betting a road underdog in this situation can be advantageous.
Don’t forget about
underdogs when betting Heisman Trophy futures.
In actuality, road
underdogs only manage to defeat home favorites slightly more than 47% of the
time. Road dogs are 532-598 (47.1%) since 2005. Yes, that is a losing record,
but a moneyline bettor would actually be up more than 80 units because of the
plus-money odds.
More
Shocking Info
Even more shocking
is the fact that road underdogs win against the spread more frequently. Road
underdogs are 600-508 ATS (54.2%) since 2005. This is definitely a strategy
worth considering when betting on college football.
Bettors can break it
down even further and add in games with low totals. It’s more of a challenge
for a favorite to cover when the expected point total is 50 or below. Since
2005, road underdogs have gone 1062-933 ATS (53.2%) in games with a total of 50
or fewer. The ATS winning percentage rises to 54.6% if the total is 45 or less.
The ATS winning
percentage increases to 55.9% when a road underdog with a total of 45 or less
is playing a conference foe. That makes road underdogs playing conference opponents
in low total games something bettors should consider.
Betting on college
football underdogs is something bettors should expect in the 2022 college football season.