College Football Betting Guide: From CFB Week 1 Odds To National Title Favorites

In the legal sports betting space, there is only one sport that is wagered on a per-event basis more than the NFL…college football. With more and more states allowing legal sportsbooks, the number of college football bettors will increase with a direct correlation. Keep in mind, many of the states with legal sports betting are not in “SEC-country”, which is certainly the hotbed of college football fandom. Once those states become legal (first will be Tennessee and North Carolina), the popularity of college football betting will rival the professional sports. Let’s take a look at how to bet on college football, some futures markets, National Championship odds, and more.

 

 

How Can I Bet on College Football?

Betting on college football has a very large number of betting markets with over 125 Division I programs. For the different types of bets, it will vary based on which legal sportsbook a user plays.

 

CFB Odds Guide

Most online sportsbooks offer the following types of college football betting:

  • Spreads
  • Totals (Over/Unders)
  • Moneylines
  • Futures
  • In-Game Betting
  • Parlays
  • Teasers and more!

 

College Football Futures Betting

College football futures betting is limited compared to professional sports and the NFL, as there are certain rules that eliminate props in some states. With that being said, there are quite a few markets that are available. You can wager on the following futures for college football:

 

Where Can I Bet on College Football?

Betting on college football can be done in many sports with legal sports betting. The majority of states that have restrictions only prevent bettors from wagering on college football prop bets, and states like New Jersey does not allow in-state collegiate events to be wagered on. Here is a look at some of the top sportsbooks to wager on college football legally in the US (in permitted states).

 

DraftKings Sportsbook

States Available: PA, NJ, WV, IN, NH, IA, CO

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FanDuel Sportsbook

States Available: PA, NJ, WV, IN, IA, CO, NY

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BetMGM Sportsbook

States Available: NJ, CO, WV, IN, NV

Bonus: Risk-FREE Bet up to $500

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States with Legal College Football Betting

College football betting has a different set of rules than other professional sports in some states. With that said, some states that allow legal sports betting do not allow college football betting props, but will allow betting on games. Others cannot wager on teams that are in the given state. Here’s a full list of states that could allow college football wagering:

To see if your state officially allows college football betting, see your favorite legal sportsbook for details.

 

Top Sportsbooks for College Football Betting

Betting on college sports is a bit different than betting on professional sports, as many states do not allow college football prop betting. Some books will not even place lines on certain games given the overwhelming talent differentials between certain programs. With that said, here are the best sportsbooks to wager on college football in the US, where legally permitted.

 

DraftKings Sportsbook

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States with the DraftKings Sportsbook AppColorado, Iowa, Pennsylvania, New Jersey, West Virginia, Indiana, New Hampshire
Promo Details1. New players receive a risk-free $500 bet

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Free bet amount is not included in any returns or winnings. Free bet is also not redeemable for cash, non-transferable, and non-refundable.

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States with Physical DraftKings SportsbooksNew Jersey, Mississippi, New York, Indiana
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College football bettors at DraftKings Sportsbook will receive a risk-free bet and a large deposit bonus match. DraftKings has one of the largest selection of college football betting markets available.

 

FOXBet Sportsbook

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Bonus Last Verified OnJuly 15, 2020

One of the most popular sportsbooks in the US has quickly become FOXBet Sportsbook. With a wide (enough) selection of college football betting markets and the exposure of the Fox Sports brand, FOXBet is in it for the long run.

 

BetMGM Sportsbook

BetMGM is one of the most highly recognizable brands in gaming across the planet, and the brand has online sportsbooks in various states that offer a significant welcome bonus along with a vast selection of college football betting markets. Try the BetMGM Sportsbook here for a risk-free bet worth up to $500.

 

FanDuel Sportsbook

FanDuel Sportsbook is still one of the most popular sportsbooks in nearly every state offered. Given that it was the first to enter many states, FanDuel holds the majority of the market share for college football betting. FanDuel offers a risk-free bet, deposit bonuses, and frequent promotions.

 

2021 National Championship Odds

ProgramCurrent National Championship Odds
Clemson+250
Ohio State+250
Alabama+400
Georgia+1200
Florida+1800
LSU+1800
Notre Dame+2800
Oklahoma+3300
Texas A&M+3300
Texas+4000

For a full list of 2021 National Championship odds, check out your favorite legal sportsbook. The odds as of early June 2020 have Clemson and Ohio State at the top at +250, respectively. With Trevor Lawrence and Justin Fields returning and terrific rosters from top to bottom, it is feasible to see these two teams meeting each other in the 2021 College Football National Championship. Clemson has made the championship seemingly each season of late, but is Ohio State the new Alabama? Not so fast, as Alabama’s odds of +400 are right behind the top two programs.

 

2021 Heisman Trophy Odds

Player2020 DraftKings Heisman Odds
Justin Fields+300
Trevor Lawrence+400
D’Eriq King+800
Spencer Rattler+800
Chase Young+1000
Mac Jones+1200
Bo Nix+1200
Clyde Edwards-Helaire+2000
Sam Ehlinger+2000
Sam Howell+2000
Tua Tagovailoa+2000
Jonathan Taylor+2000
Myles Brennan+2200
Adrian Martinez+2500
Jake Fromm+3300

The Heisman Trophy odds were released shortly after Joe Burrow won the 2019-2020 award, but have since been taken down from various sportsbooks amidst the coronavirus concerns. With no word either way on the NCAA ruling the season can begin and uncertainty with schools, the Heisman betting market will be closed for a period of time. Before the odds were taken off the board, Justin Fields led the way at +300 to win the Heisman Trophy, followed by Trevor Lawrence at +400.

 

2020 College Football Win Totals

ProgramWin Total
Clemson Tigers11.5
Ohio State Buckeyes11
Alabama Crimson Tide10.5
Oklahoma Sooners10
Florida Gators10
Georgia Bulldogs10
Notre Dame Fighting Irish10
Boise State Broncos10
UCF Knights10
Oregon Ducks9.5
Penn State Nittany Lions9.5
Texas A&M Aggies9.5
Texas Longhorns9.5
Wisconsin Badgers9.5
Appalachian State Mountaineers9.5
Lousiana Ragun Cajuns9.5
Auburn Tigers9
LSU Tigers9
Michigan Wolverines9
USC Trojans9

At DraftKings Sportsbook, wagering on college football win totals was an available market in early spring 2020. With the coronavirus pandemic throwing a wrench into many things as far as sports are concerned, the win totals betting market was taken down. Before the market was removed from the board, Clemson led the way at 11.5 wins, followed by Ohio State at 11. Those are very high numbers, but with Clemson returning from a tough loss in the 2020 National Championship with Trevor Lawrence and company returning, they are a tough bet to lose any games with their projected schedule. The win total reflects that at 11.5.

 

2020 College Football Week 1 Odds

Full odds for College Football’s Week 1 have not been released, but a handful of games are available to wager on at DraftKings Sportsbook. For a deeper look at these lines, check out our breakdown of some early Week 1 game lines. Here are two notables:

  • Notre Dame (-14.5) vs. Navy
  • Utah (-5.5) vs. BYU

 

College Football Odds Frequently Asked Questions

Will College Football start on time in 2020?

There has been no evidence supporting that the College Football season will be delayed due to the coronavirus.

Where can I bet on college football legally?

You can legally wager on college football in the United States in states with legal sports betting. Pennsylvania, New Jersey, West Virginia, Indiana, New Hampshire, Iowa, Colorado and more.

When is the 2021 National Championship?

The 2021 College Football Playoff National Championship is Monday, January 11th, 2021 in Miami, Florida.

When is the 2021 College Football Playoff?

The semi-final games of the college football playoff are on January 1st, 2021. The CFP National Championship is on January 11th, 2021.

Can I bet on the National Championship?

Yes. In states with legal online sportsbooks, you can bet on the CFP National Championship. It is the most popular single event in legal college sports betting.

Who is the favorite to win the National Championship?

The favorites to win the 2021 National Championship are Clemson (+250) and Ohio State (+250). Odds may vary.

Who is the favorite to win the Heisman Trophy?

The favorite to win the 2020 Heisman Trophy is Ohio State QB Justin Fields (+300). Odds may vary.

Who won the 2019 Heisman Trophy?

The 2019 Heisman Trophy winner was Joe Burrow, QB, Louisiana State University.