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NCAA Football Betting Strategies: Guide to the Top Systems

College Football Betting Intro

When we talk about football, we usually think first of the NFL. It is after all America’s most popular sports organization.

As we discussed in our Intro to NFL Betting, the American Gaming Association estimated bettors to have wagered upwards of $4.7 billion dollars on the nation’s most-watched sporting event this past year—the Super Bowl.

Best Football Betting Strategy Ever. It is not only about good fortune, calculators, and other such attributes. There are a number of important factors that must be taken into account when it comes to betting on football. We will learn about some important points that we should keep in mind when it comes to football betting.

• One of the best strategies for wagering is betting against or fading the public. This strategy is used primarily for spread and totals betting in basketball and football. Sportsbooks typically know what teams are going to be the most heavily bet from week to week, and they adjust the spreads and totals accordingly to get bettors to bite on.
• In football, the most common modification is six points. So let’s say this week there are three bets you like: Jets -7.5, Raiders +1.5, and Bills +5.5. Rather than betting these straight or in a parlay, you could make a three team six point teaser bet of Jets -1.5, Raiders +7.5, Bills +11.5. To win the bet, you’ll need all three teams to cover.

And that’s just one estimate. When you look at the global numbers, this figure nearly doubles. Mint, a prominent financial planning website, estimates that bettors stake more than $8 billion every year on the Super Bowl alone.

But the NFL is not the only league to garner such attention from bettors.

NCAA football is right up there with it.

In 2014, Super Bowl XLIX only generated about 10,000 more bets than the most heavily bet college football game

In 2014, Super Bowl XLIX only generated about 10,000 more bets than the most heavily bet college football game: 122,370 compared to 112,644. And, according to CNBC, bettors stake between $60-70 billion in illegal wages on college football each year.

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Since the NCAA decided to establish and expand their playoff format, bowl games and championships have proven to be hot opportunities for bettors.

Unlike the NFL, which plays almost all its games on Sunday, college football offers bettors the chance to wage on matchups happening throughout the week, including thirty plus matchups on Saturdays.

A greater slate of games means more money lines, more spreads, more chances to get some bang for your buck.

According to SportsInsights there was a point spread listed for 894 college football games in 2015. Meanwhile, in merely a handful of offshore sportsbooks, a grand total of 12,774,988 bets were placed during the college football season.

With so many options it’s easy to see why college football ranks as one of the most bet-on sports in America.

As part of this article, we will discuss the different types of bets you can make on college games as well as some helpful tips and strategies for maximizing your returns.

But before we get into all that, let’s first take a look at the basics of our very own predictive wager system.

The Sports Analytics Simulator

The Simulator is built based on a predictive model created by a doctor with an extensive background in mathematics, psychology, and operations research.

The best networks were able to correctly predict the winning team 74.33 percent of the time (on average) as compared to the experts who were correct 68.67 percent of the time.

This individual has worked with multiple professional and collegiate sports organizations, player agents, sports data agencies and a top-ranked fantasy website. His work with professional sports organizations includes optimizing scout travel, in-depth player analysis and lineup configurations.

Among his greatest innovations was the discovery of neural networks as a powerful tool for sports betting.

A neural network is defined as a computer system modeled on the human brain and nervous system. Using this technology, the good doctor found that “the best networks were able to correctly predict the winning team 74.33 percent of the time (on average) as compared to the experts who were correct 68.67 percent of the time.”

While the model was initially developed around NBA betting, it has since been applied to other sports — chief among them, college football.

What makes the Sports Analytics Simulator unique is that it relies not on data inputs (statistics) from previous seasons, but on continuous game-to-game updates.

The Simulator’s specific algorithms run through up to forty different stat categories to create the most efficient model possible. From this model, we derive our picks for each game. And the best part is, our system is a living, breathing predictive model — it possesses machine learning capacities that allow to detect trends and potentials that we mere humans could only dream of finding.

For more information, check out this handy dandy video on how it works:

College Football Betting

Now that we’ve gotten that out of the way, let’s talk about the fundamentals of college football betting. Much like the NFL, college football offers the standard bets: spread, moneyline, totals, parlays, and teasers. Unique to college football are the 1st quarter and halftime bets. Let’s take a look at each type.

Spread Bet

Just like the NFL, college football’s most popular wager is the spread bet.

With spreads, bookmakers set a spread with a favorite and an underdog. This type of bet equalizes the chance of winning a wager.

In order for you to win on a bet of this nature, one team must cover the spread — so if the spread is -7 in favor of the Florida State over Oregon, the Sentinels must win by seven points or more. Whereas in order for the Ducks to cover the spread, they must either lose by less than seven points, or win.

For any spread, the underdog is indicated by a “+” while the favorite is indicated by a “-”. To make it simpler, the spread gives the underdog a ‘head start’. In this case, the Ducks have a +7 head start in points to kick off the game.

Also, when looking at spreads, you’ll see a larger number next to the actual spread. It might look like this:

• Florida State -7 -115
• Oregon +7 -105

The larger number is what’s called the Juice. It’s basically the fee that bookmakers charge for you to place a bet. In our example, if Florida State covers the spread a winning bet of $115 will yield $100 profit. Now, if you simply want to bet on the winner of the game you’ll want to place a…

Moneyline Bet

Moneyline betting is an equally common form of sports betting as spread bets. The difference is that with moneylines, bookmakers will set lines representing the favorite and the underdog. Let’s go back to this Florida State-Oregon matchup.

Let’s say the Sentinels have a favored line of -150 and the Ducks have an underdog line of +125. What this means is that in order to win a hundred dollars on the Sentinels, you must wage $150.

As for the underdogs, if you wage $100 you will win $125. Generally, the moneyline reflects the spread.

With the sheer number of available bets on a given Saturday, a bettor may choose to parlay (see below) several big favorites, which will increase the risk AND the payout of the wager. So that’s that.

Totals Bet

Totals betting is rather self-explanatory.

Also known as over/under, this form of betting involves placing a wager on the total number of points scored by both teams combined in a game.

Let’s say bookmakers set an over/under of 32 points for the Sentinels and Ducks. Your job as a bettor is to decide whether the score will be… over or under 32 points.

Prop Bet

A prop bet is a special kind of bet that has nothing to do with the outcome or final score of a game.

Prop bets come in many different forms. Some of them are player-based — how many yards or touchdowns a specific player scores. Some of them are based in live betting, i.e. if a team scores on a specific drive.

During bowl games you’ll see all sorts of fun prop bets like coin toss wagers.

Parlay Bet

You might have seen a parlay bet featured in the film, Silver Linings Playbook, (or read it in the book), wherein Pat Solitano’s father, Patrizio Sr., places a bet on the Eagles-Cowboys game and the judging outcome of Pat and Tiffany’s dance number in a local dance-off.

In order for Patrizio to win the bet, the Eagles must win their game against Dallas and Tiffany and Pat must score 5 out of 10 in their dance competition.

This is what’s known as a parlay bet, wherein various games and outcomes are rubber-banded together into one single bet.

In order for the bettor to win the wager, all outcomes must unfold accordingly. This might involve a handful of other bets such as a totals bet and a moneyline bet. In college football, this is a common form of betting to increase risk and reward for your wagers.

Teaser Bet

A teaser bet is a form of parlay that involves a combination of two to ten wagers in which you adjust the point spreads and/or totals in your favor in exchange for a lower payout.

When your teaser includes a point spread, you have the option to decrease the spread for the favorite or increase the spread for the underdog.

When you’re teasing a total, you can increase the under or decrease the over.

Like a parlay, winning the bet is dependent on all of the wagers winning.

Standard teasers are 6, 6.5 and 7-point. There’s also a sweetheart teaser, which offers you have the choice to tease a line by 10 or 13 points. It’s basically a parlay with a little bit of zazz.

A teaser involves the same stipulations as a parlay; only you select a number of points to put down to decrease the risk (and reward) of a parlay.

For example, if a spread for a game is -7 and you place a 3-point teaser bet, your new line is -4. This 3-point advantage applies to each aspect of the teaser play.

College Football Betting Stats

Now that you know the basics of college football betting, let’s touch on some important factors to consider when handicapping games.

First and foremost, you’ve got to understand the nature of college football. In the NFL, all 32 teams are relatively equal in stature. Size, speed, skill—the NFL is filled with ever-tight competition.

But in college football, the stakes are different. Emotions run high. Motivations change week-to-week, game-to-game.

Up to 70 players can impact the outcome of a given matchup.

Experts have a lot of ideas about what statistics most impact a college football game. The following five, derived from numbers from the 2016 season, have consistently proven their influence on a team’s odds.

Explosiveness – as measured by PPP (points per play)

This one is simple. If a team makes more big plays than their opponent, they’re likely to win the game.

According to statistics, if a team leads in PPP they will win 86 percent of their matchups.

So look for a team with a penchant for big plays, and keep an eye on their opponents’ defensive stats.

If they’re giving up high PPP numbers each week, there’s a good chance they’ll lose.

Efficiency – as measured by success rate.

Success rate is measured by a number of baselines: 50% of needed yards on first down, 70% on second down, and 100% on third or fourth down.

This stat is similar to on-base percentage in baseball.

If a team has a high efficiency rating, they’re likely to avoid drive-crippling passing downs and, beyond that, stay on schedule, control the clock, and wear down their opponent’s defenses by keeping on the field.

If a team can best their opponent in efficiency, they’ll also win the game 83 percent of the time.

Field Position – as measured by average starting field position

They say special teams wins games. That’s what makes them so special.

Sure, it’s always a boost when a return man can return a kick or a punt for a touchdown. But it’s his ability to consistently provide his team with outstanding starting field position that determines his worth. Hence why good return men are so highly coveted in football.

They are often their team’s x-factor—the difference between having to drive 75 yards or 65 yards to the end zone.

As such, the team who wins the battle for field position wins the game 72 percent of the time.

Finishing Drives – as measured by points per trip inside the 40

Finish what you’ve started.

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At this point you might find these tips a bit formulaic. It stands to reason that if a team creates big scoring plays, controls the clock, manages the ball, establishes solid field position, minimizes turnovers, and maximizes scoring drives, they’ll likely win the game.

When it comes to finishing drives, it’s less about how many opportunities you get inside the red zone, and more about how many points you can score once inside the 40.

There are numerous examples of teams creating more red zone opportunities but fewer scores than their opponent.

In 2012, Hawaii created 12 scoring opportunities against Colorado State’s four on October 27. They outgained the Rams by 102 yards, but still lost, 42-27. Talk about demoralizing.

The Warriors lost three turnovers (at the CSU 30, 31, and 33), punted twice (at the CSU 39 and 40), attempted three field goals (missing one), and turned the ball over on downs at the 2. Not to mention one of those three turnovers was an interception returned for a touchdown.

The point is straightforward: teams must score touchdowns on the majority of their drives that reach beyond their opponent’s 40.

Field goals will not cut it.

Basically, if a team can still put points on the board despite fewer scoring opportunities, they’ll win the game 72 percent of the time.

Turnovers – as measured by turnover margin

If we’re not beating a dead horse by now I don’t know what we’re doing.

Surprisingly enough turnovers are not the biggest factor to consider when handicapping games. But they still matter.

If you can minimize the amount of times you give up the ball, you’re obviously going to increase your chances of capitalizing on offense.

Keep the ball in your possession, and the game is likely yours—assuming you can put the ball in the end zone. The team that wins the turnover battle wins the game 73 percent of the time.

While mastering these five aspects will go a long way towards helping a team win, bettors must not solely rely on them for handicapping games. College football outcomes swing like a loose pendulum.

Cellar dwellers beat good teams when they’re not looking, or at the very least beat the spread. Slumping squads can come out strong against rivals or must-wins.

Oh, and there are other conferences besides the big ones (SEC, Big 12, Big 10, ACC, Pac 12).

Oddsmakers tend to look at the big TV games and the big conference matchups—the ones they know the betting public will be going heavy on.

This means, smaller conference games will likely slip through the cracks. If you’re betting ‘over/unders,’ look at the smaller conferences as value could be there because of the lack of two-way action.

There is big money to be made in smaller-market games. One thing I’ve learned in life is never to follow the crowd. If you want to outsmart oddsmakers and increase your returns, be your own advocate, look for the games people are sleeping on.

Thankfully, they’re not hard to find in the NCAA.

A parlay bet is a popular form of sports wagering most gamblers are familiar with. In case you’re not, this bet is rather easy to understand. A parlay is simply a combo bet where, rather than betting several teams individually, you group them into a single wager. Using this option, the payout is greater and the risk is less, but you need all teams selected to win.

To give an example, say you’re interested this week in betting Jets -4, Patriots +3, Dolphins +2.5 and Colts -7. If your bankroll is limited to just $100, using straight wagers you’d make four separate bets of $25 to win $22.73. If you we’re feeling both lucky and in the mood to gamble, you might instead bet them all together as a four team parlay. Under the parlay option, the stakes would be $100 to win at least $1,000. To win, you’ll need to go 4-0; if one or more games push while all others win, the payout is reduced, and with any other outcome, the bet is a loss.

What happens if there’s a push in a parlay? That bet will be taken out of the parlay and the payout will be reduced as if there were one fewer team in the parlay. So if you had a 4 team parlay and you got three picks cocrrect and the other was a push, you would be paid out the odds of a 3 team parlay.

Parlay bets can be very tempting as they can offer some big payouts. See a recent parlay Kevin made at 5Dimes.eu and cashed in on!

Are Parlays Sucker Bets?

There is a general misconception in sports betting that all parlays are sucker bets. This is simply because most sports bettors are not familiar with how they work, or how to bet them properly. In this article, I’ll address parlay betting strategies, but first let’s look at parlay odds and how they are calculated.

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The parlay odds at most Las Vegas sportsbooks are:

2 teams 2.6 to 1
3 teams 6-1
4 teams 10-1
5 teams 20-1
6 teams 40-1
7 teams 80-1
8 teams 150-1

Online the odds are similar, though some sites such as BetNow and MyBookie offer better odds starting with three teams and up. What’s important to note is that these are fixed odds based on a 50/50 wagering proposition. If a spread is listed at Home Team -7 / Road Team +7 this is 50/50 proposition. If, instead, the spread was Home Team -7 -105 / Road Team +7 -115, this is no longer a 50/50 proposition, and the payout will be calculated using a method bookmakers refer to as “true odds”. I’ll cover that later in this article, but first let’s take a moment to understand where fixed parlay odds are derived from.

Let’s say you decide for the next eight weeks you’re going to bet the Monday night football game, starting with a $1.00 bankroll and betting your entire bankroll each week until you go 8-0 or bust. The potential win is as follows:

Week 1: $1.00 to win $0.91: If win total profit = $0.91 (Bankroll =$1.91)
Week 2: $1.91 to win $1.74: If win total profit = $2.65 (Bankroll =$3.65)
Week 3: $3.65 to win $3.32: If win total profit = $5.97 (Bankroll =$6.97)
Week 4: $6.97 to win $6.34: If win total profit = $12.31 (Bankroll =$13.31)
Week 5: $13.31 to win $12.10: If win total profit = $24.41 (Bankroll =$25.41)
Week 6: $25.41 to win $23.10: If win total profit = $46.51 (Bankroll =$47.51)
Week 7: $47.51 to win $43.19: If win total profit = $89.70 (Bankroll =$90.70)
Week 8: $90.70 to win $82.45: If win total profit = $172.15 (Bankroll =$173.15)

The reason parlays are often sucker bets shows up in this middle column. Had you bet these in an 8 team parlay, you’d only get paid 150 to one. Essentially, a parlay is no different than betting all in each time, only parlays generally pay much worse. However, you’ll notice the odds are not poor until you get to four teams, where the sportsbook has a whopping 31.25% advantage. Two teams pay a smidgen worse than the manual parlay (all in each time) option, where three team parlays pay a smidgen better. Rarely ever is a 2 or 3 team parlay a true suckers bet.

What Does a Parlay Pay?

As I mentioned earlier, fixed parlay odds vary greatly between online sportsbooks. Here is some info on which sites offer the best fixed parlay odds:

In general two team parlays pay +260, or $260 for every $100 bet. BetNow offers +264.5, and 5Dimes.eu offers +264, which is better than the +260 most betting sites offer.

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3 team parlays pay 6/1 or $600 for every $100 bet. BetOnline.ag is the leader in the industry in 3 team parlay payouts.

What Is The Best Betting Strategy

This is the area where betting sites generally hurt the sports bettor, paying only 10 to 1, which gives them a 31.25% advantage. This can be avoided when betting at BetNow where the payout is +1228.3, or at 5Dimes where it is +1228.

Generally speaking, parlaying 5 teams or more teams is not a good idea; however, for sports gamblers looking for a lotto ticket, 5dimes.eu and Bookmaker.eu each offer up to 15 team parlays and have by far the best odds in the business on these.

How much does a 15 team parlay pay? A 15 team parlay will pay out over +16,000. I just tested this out and a $1 15 team NFL parlay at -110 odds will payout $16,306. Good luck hitting on that!

True Odds Parlays

1 Earlier, I mentioned fixed odds are only given when all selections are 50/50 propositions. If one side of a line requires a greater stake than the other to yield the same payout, this is not a 50/50 proposition, and the bookmaker will now use “true odds”. What’s important to note is that true odds doesn’t actually mean the “true odds” of winning. Rather, true odds pays the same as if you bet each team individually and rolled the profit forward each time, which is what I showed in the example of 8 all in bets starting with a $1.00 stake.

To calculate true odd parlays, each bet first needs to be converted into a multiplier. To do this, take what a winning ticket would return and divide it by the amount risked. For example, at -110 a $110 stake returns $210 ($110 stake + $100 win). Calculating the multiplier as return/risk here, we plug in 210/110, which means the multiplier is 1.91. If we did the same on -115, the multiplier is 215/115=1.87.

Let’s say you’re in the mood to gamble on an 8 team parlay, but the only out available to you is a bookmaker paying 150-1 fixed odds. A trick of the trade here is to include one bet that is priced differently than -110 in order to force the bookmaker to use true odds. So, let’s say you make 7 selections priced at the standard -110 pricing and one at -115. A true parlay calculates by multiplying each modifier together. The math is 1.91 * 1.91 * 1.91 * 1.91 * 1.91 * 1.91 * 1.91 * 1.87, which equals 173.41. This bet returns 173.41 times the stake, which includes the risk amount, so the bet is 1 to win 172.41. Notice this is significantly better than the fixed odds payout of 1 to win 150 on an 8 team parlay. In short, the trick of the trade when dealing with poor fixed odds is to simply add one team to the parlay that is priced differently than the standard -110.

As you can now see, if you know how to bet parlays properly, they are not always sucker bets. There are, however, a few reasons that parlays are generally not a good move. I’ll cover these, and then cover the times it does make sense.

Top Reasons to Avoid Parlays

1) Progressive betting systems are generally regarded as poor strategy for both bankroll management and bankroll growth. Professional bettors make wagers based on their quantified edge per game. While the math can work out, doing the math for proper bet sizing on a parlay is a lot of added work with little to no upside for most sports bettors.

2) Parlay bets have higher variance than straight bets. Here you’re getting the same odds, but your chance of hitting a dry spell is greatly increased. When the odds are the same it is most often better to go with the lower variance option, which in this case is straight wagers.

3) Line Shopping – Sports bettors maximize their profit by always shopping for the best price. For example, finding -4 when other sites are -4.5, and finding reduced vig options such as -104 instead of -110. When betting parlays, you’ll need to find the most favorable odds for each team at a single betting site. This scenario is rare, so generally you’ll end up with better odds by making straight wagers at multiple betting sites.

Parlays That Make the Most Sense:

Reduced Juice – BetOnline.ag offers 6.5 to one on three team parlays. This comes out better than betting sides at the -105 price standard reduced juice sports books offer. In sports such as NFL football where 50/50 wagering propositions are common, a sports bettor gets far superior odds by betting 3 team parlays at BetOnline.

Correlated Parlays – If a bookmaker was offering betting lines on both “will it be cloudy today?” and “will it rain today?”, if allowed, you’d be much better off betting either both as no, or both as yes, in a parlay bet as opposed to straight wagers. While this is a simplified example, there are plenty of times when outcomes are correlated in sports betting. For example, a handicapper might determine that if one team covers the spread, the game is more likely to go over or under the posted total. Also, during the final week of the NFL season, a certain team winning or losing the day game might result in a previously important night game now having no meaning in the playoff race.

Free Play Bonuses – Several online betting sites, for example BetNow, offer players free bets based on the size of their initial deposit. Free play bonuses are not the same as cash. The difference is that a bet made with cash returns both stake and win, where a bet made with a free play returns only win. Parlays allow you the chance to use the same free play more than once, because a parlay really is only a wager that continues to place stake+win on the next selection. Remember, fixed odd three team parlays pay a little better than true odds. So when using free plays to bet 3 team parlays, you’re getting slightly better odds, and also a chance to apply that free play stake to three different bets. This is common knowledge that 3 team parlays are a great use of free play bonuses.

Circumventing Betting Limits – I’ll warn you upfront that betting sites do not take kindly to this, and it might get you banned. The basic idea here is, say you find a parlay with monster value in a small market with low betting limits. Let’s say a woman’s field hockey line opens at +150 when it should be +100. Here making ten unique two-team parlays, using the +150 bet with a random -110 each time might be advantageous, as on average you’ll get down 5 times the max bet. At -110 juice the expected ROI is less, but to get the maximum amount down on line of significant value, it might make sense. While personally I rarely use this strategy online, I do attempt to get away with it in Las Vegas from time to time. This takes a little bit of acting, such as starting to walk away from the cage and then saying wait, also give me… Know this: It is a trick of the trade advantage players use that is not for novice bettors.

This concludes our article on parlay betting. As a final tip: if you enjoy using parlays as a lottery ticket, www.Bovada.lv runs a $10,000 weekly parlay jackpot during football season, which is an added bonus on top of what a $5 stake pays on a 10 team parlay win. To learn more, see the promo section at www.Bovada.lv. If nothing else, this article gives you some great conversation material next time someone in the sports bar says, parlays are for suckers. Hopefully, it ends up being much more than that, adding extra winnings to your bankroll. Either way, we wish you the best of luck.

Other Advanced Sports Betting Strategy Articles:
» Teaser Betting Strategy
» Prop Betting Strategy
» How To Get Max Value When Betting