December is one of the most exciting times of the year if you love college football because it is the start of bowl season.
There are 40 games this year with the first ones starting Saturday, Dec. 15. The 2018 bowl season will conclude with the College Football Playoff National Championship presented by AT&T on Jan. 7.
In the spirit of gambling, here are a few quick tips on where and how to bet on college football bowl betting this season.
How to bet on college football
A moneyline bet is one of the most traditional forms of placing a wager. With this, a customer is placing a bet on the outright winner of the game. The three-digit number next to each team’s name specifies what a winning bet will pay out.
A positive number is an amount that a $100 bet on the team will pay. A negative number is an amount that must be wagered to receive $100 as a payout.
The crown jewel of placing a wager tends to be on the point spread. This form of betting is a wager on the expected margin of victory in a game.
Sportsbooks establish which teams will likely win and by how much based on a number of statistics.
Once a point spread is established, bettors then choose if the favorite will exceed the margin of victory, or if the underdog will lose by less or win outright.
Totals, traditionally known as over/under, are bets placed on the combined score of both teams. Players then bet on whether or not the combined total will greater than or less than the number established by the sportsbook.
Futures and propositions
Futures are bets on the probability of something happening in the future. Most future bets, i.e., who will win the World Series or the Super Bowl, are placed at the beginning of the baseball or football season.
Proposition or “prop bets,” are bets placed on specific events occurring during a game or throughout a season. Typical bets are, i.e., who will score the first touchdown in a game or will a specific football player pass for a certain amount of yards.
Parlays are a bit of a challenge. Bettors can place a wager on more than one event or more than one team. The trick is, all the bettor’s choices must be accurate to payout.
Bowl Pick ’em
One of the most popular games is Bowl Pick ’em, where players pick the winner of each bowl game. These tend to pop up on various websites every season, such as ESPN, Yahoo and CBS.
Sometimes each site will offer a huge payout or a prize to attend the national championship game.
Where to place a wager
Following the repeal of the Professional and Amature Sports Protection Act, sports betting is no longer limited to only Nevada.
That said, only eight states currently offer legal sports betting. Nevada, New Jersey and West Virginia also offer mobile and online betting. The states are:
- Delaware (one location)
- Mississippi (10+ locations)
- Nevada (100+ locations)
- New Jersey Sports Betting (nine locations)
- New Mexico (one location)
- Pennsylvania Sports Betting (three locations)
- Rhode Island (two locations)
- West Virginia (three locations)
Sports betting in New Jersey
New Jersey sports betting options are hot on Nevada’s heels. In the Garden State, there are eight online sportsbooks to place wagers.
- DraftKings Sportsbook
- BetStars NJ
- Fanduel Sportsbook
- SugarHouse Sportsbook
- 888 Sport NJ
- Caesars Sportsbook
- playMGM Sportsbook
- William Hill NJ
Additionally, there are nine retail sportsbooks:
- William Hill Sports Bar at Monmouth Park
- FanDuel Sportsbook at the Meadowlands
- Borgata Race & Sports Bar
- Harrah’s Sportsbook
- The Sportsbook at Golden Nugget
- DraftKings Sportsbook at Resorts
- Bally’s Sportsbook
- William Hill Sportsbook at Ocean Resort
- William Hill Sportsbook at Tropicana
2018 – 2019 college football bowl and playoff schedule
You can check out the full 2018 – 2019 Bowl Schedule here. The season begins Dec. 15 and runs through Jan. 1.
College football playoffs begin Dec. 29 and conclude Jan. 7.
Saturday, Dec. 29
College Football Playoff Semifinal at the Goodyear Cotton Bowl Classic.
No. 2 Clemson vs. No. 3 Notre Dame
4 p.m. ET on ESPN in Arlington, Texas
College Football Playoff Semifinal at the Capital One Orange Bowl
No. 1 Alabama vs. No. 4 Oklahoma
8 p.m. ET on ESPN in Miami Gardens, Florida
Monday, Jan. 7
College Football Playoff Nationa Championship Presented by AT&T
8 p.m. ET on ESPN
Levi’s Stadium in Santa Clara, California
Stay tuned for updates and more college bowl betting 101.