College football, a popular sport in the United States, comes with a vast array of betting opportunities. Two of the most popular bets placed on college football are the point spread bet and the moneyline bet. In this article, we will discuss both types of bets and how to place them.
Point Spread Bet:
A point spread bet is one of the most popular bets in college football. The point spread aims to even out the game between two teams.
The favorite team is given a negative point spread. The underdog team, on the other hand, is given a positive point spread.
For instance, a point spread for a game is -7.5 in favor of the favorite team, meaning the favorite team has to win the game by eight or more points. Conversely, if the point spread is +7.5 in favor of the underdog team, that means the underdog team can either win the game outright or lose by seven or fewer points for a point spread bet on them to be successful.
To place a point spread bet, a bettor must first find a reputable sportsbook, like OKBet. Once they have selected a sportsbook, they must create an account and deposit funds.
From there, they can navigate to the college football section and select the game they wish to bet on. The bettor will then see the point spread for that game and the odds for each team.
They can then place their bet by selecting the team they wish to bet on, entering the amount they want to wager, and confirming the bet.
Moneyline Bet:
The moneyline bet is a straightforward bet that selects the team to win the match. For the odds, it will be either positive or negative numbers, indicating the amount of money that would need to be bet on that team to win P100 or the amount of money that would be won from a $100 bet on that team, respectively. For example, if the moneyline odds for a game are -150 in favor of the favorite team, that means a bettor would need to bet P150 on that team to win P100. Conversely, if the moneyline odds are +150 in favor of the underdog team, a P100 bet on the underdog team would win $150.
To place a moneyline bet, a bettor will follow the same process as with a point spread bet. They must find a reputable sportsbook, create an account, and deposit funds. From there, they can navigate to the college football section and select the game they wish to bet on. They will then see the moneyline odds for each team and can place their bet by selecting the team they wish to bet on, entering the amount they want to wager, and confirming the bet.
While the point spread and moneyline bets are popular, they are not the only bets available for college football. Bettors can also place over/under bets, futures bets, and prop bets. Over/under bets involve wagering on the total number of points scored in a game. Futures bets allow bettors to place a wager on an event that will happen in the future, such as a team winning a championship. Prop bets are betting on specific events during a game, like who will score the first touchdown.
Bettors need to understand the odds and the rules of the different types of bets before placing a wager. Before deciding, they should also consider factors such as injuries, weather conditions, and team statistics.
It’s also important to find a reputable sportsbook to place bets with. Bettors should look for a licensed and regulated sportsbook with a good reputation for paying out winnings in a timely manner.
In addition, bettors need to set a budget and stick to it. Sports betting should be done for entertainment purposes only, and bettors should never gamble more than they can afford to lose.
In conclusion, point spread and moneyline bets are two of the most popular bets placed on college football, but many other types of bets are available. Bettors should understand the odds and rules of each type.
They should also set a budget and stick to it, and remember that sports betting should be done for entertainment purposes only.
