4 Ways to Make Money Betting on 2018 College Football Underdogs

4 Ways to Make Money Betting on 2018 College Football Underdogs

Written by on July 30, 2018

Upsets seem to happen in college football all the time. That means sports bettors must know the best ways to bet on college football underdogs. Check out 4 ways that sports bettors can make money betting on college football underdogs.

4 Ways to Make Money Betting on College Football Underdogs

Bet on College Football Underdogs Against the Spread

The classic against the spread bet is a good way to make money betting on college football underdogs. Check out a possible ATS line for Michigan at Ohio State this season.
  • Michigan                     +8 ½, -110
  • Ohio State                   -8 ½, -110
Michigan is the dog, which they will be in this season’s game, to beat Ohio State. If you bet on Michigan, you’re betting on the dog against the spread. If the Wolverines don’t lose by more than 9 points, you win your wager.

Bet on College Football Underdogs to Win on the Moneyline

Moneyline wagers on underdogs are difficult to hit. They do happen in college football, though. Check out the possible moneyline when Michigan battles Ohio State on Nov. 24.
  • Michigan                     +175
  • Ohio State                   -220
If you bet on Michigan at +175 to beat Ohio State, you win your bet if Michigan beats Ohio State. The +175 odds imply that for every $100 you invest on Michigan to beat Ohio State, your return is $175, your $100 investment back as well as $75 in profit.

Bet on College Football Underdogs to Win Their Conference

Chip Kelly now coaches UCLA. Let’s say that you’ve done your handicapping on the Pac 12 this season and you’ve determined that Kelly’s effect on UCLA will be so great that the Bruins have a shot to beat both USC and Washington and win the Pac 12. You log onto the MyBookie site and see the following odds:
  • UCLA Bruins              +1200
If you put money on UCLA to win the Pac 12 College Football Championship, you’re betting on a dog to win their conference. To put the +1200 odds in perspective, check out odds on Washington and USC to win the conference:
  • Washington                 +120
  • USC                            +200
Big difference in odds from UCLA, right?

Bet on College Football Underdogs to Win the National Championship

You can also bet on a college football underdog to win the National Championship. It makes sense to consider any team offering odds at or higher than +2000 to win the National Championship a dog. Some teams offering odds at +2000 or higher on MyBookie with real shots to win the College Football Title are:
  • Auburn                        +2000
  • Miami FL                    +2300
  • Notre Dame                 +2500
  • Oklahoma                    +2300
  • Penn State                   +2000
  • Texas                           +3000
  • USC                            +4000
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