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BetMGM Bettor Takes Massive Shots on 3 College Football Teams In Outright Winner Market
steviedurham35 edited this page 1 week ago
With Week 1 of college football less than 60 days away, big bets on futures markets are beginning to acquire attention.
- Three large wagers at BetMGM's retail sportsbook in Arizona have actually been available in on Texas, Penn State, and Clemson.
- The Nittany Lions are among the top three most-bet groups by handle in the futures market.
- Bettors have put longshot bets on Arizona State and Colorado.
BetMGM recently 3 significant wagers on College Football Playoff winners, all placed by the same wagerer this year at the operator's retail sportsbook at State Farm Stadium in Glendale, Arizona.
The bettor put a $300,000 bet on Texas to declare the national title with chances of +500, while another $200K was put on Penn State at +750. Both bets win $1.5 million.
The third wager is a $115,000 bet on Clemson (+1,300) to win the CFP with a payment of $1.495 million. BetMGM customers can no longer get odds that long on the Tigers, who have actually come down to +900 in the sportsbook's latest market upgrade.
Penn State has actually moved a little bit to +800 while the Longhorns remain connected with Ohio State as +500 favorites to win the championship game at BetMGM.
The big kids
The 3 significant wagers aren't the only bets can be found in on those groups. Texas has the greatest ticket count in the CFP winner market, with 12.1% of all bets and the most handle at 17.3%.
Clemson's ticket count is at 8.4%, third behind Texas and second-place Ohio State, which has seen 9.5% of the bets in the market. The $200K wager on Penn State has unquestionably helped the Nittany Lions creep into the top three in manage. They're getting 11.1% of the money, 2nd most behind only Texas.
The Buckeyes are third with 9.5% of the futures market's handle. LSU (+1,500) is best behind Ohio State with 7.8% of the money, followed by Week 1 opponent Clemson at 7.5%. Notre Dame (+1,400) has actually seen 6.6% of the handle. Alabama (+1,500) is getting 6.1% and Georgia (+650) 5.2%.
Longer odds
No other group in the straight-out winner market is 5% or greater. Florida (+4,000) at 4% and Michigan (+2,200) at 3.9% are the only schools above 3% of the cash. Oregon (+850) is getting 3% of the handle however a greater 3.7% of the bets.
One group with long chances and a leading 12 ticket count is Arizona State. At +9,000, the Sun Devils, who made the CFP last year, are getting 2.3% of the tickets and 1.8% of the money.
Colorado was a popular longshot in futures markets last year with receiver/defensive back and Heisman Trophy winner Travis Hunter and quarterback Shedeur Sanders on the group. Despite both being gone, the Deion Sanders-led Buffaloes are still seeing some action with chances of +15,000, getting 1.4% of the tickets and 0.8% of the handle.