Learn more about college football odds, lines, and popular betting events with DraftKings throughout the 26/27 college football season.
College football odds based on a bet of $100. First, you need to look for the ( + ) or ( – ) symbols. The ( + ) represents the underdog and means a winning bet of $100 will return that amount.
For example, a $100 bet on a +150 underdog will pay out $250 ($150 in winnings plus original $100 wager).
On the other hand, the ( – ) means you must bet that amount to win $100 since that team is favored. In other words, a –150 favorite means you must bet $150 to win $100.
So let’s say Michigan and Ohio State have an upcoming game, and the moneyline looks like this:
| Michigan | +120 |
| Ohio State | -140 |
Michigan is the underdog, so if you bet $100 on Michigan and they win, it’ll pay $220 ($120 in winnings plus original $100 wager).
Ohio State is the favorite, so the payout will be lower. In this example, you’ll have to bet $140 to win $100.
It’s important to note that the home team is always listed second. So in this example, Michigan is playing at Ohio State.
It’s important to note that even if you think one team will win, if the odds do not reflect what you consider favorable to the chances of that team winning, you may decide that the wager isn’t worth placing.
College football game bets offer a range of ways to get in on the action, from predicting the winner to betting on point spreads, totals, and individual player performances.
A point spread is an amount a team is favored to win by. If a team is projected to win by 10 points, you get to decide if they’ll hit that mark or not. Think they’ll shatter the opponent? Or will the other team keep it close?
A college football moneyline is a bet on which team will win a college football game. If you want to pick the winner, no matter the score, college football moneyline bets are for you—if the player or team you bet on wins, you’ll get paid out. Payouts for moneyline bets depend on how well your betting team is favored.
Also known as Totals, Over / Unders are a bet on a specific statistic of the game. The most common Over / Under is the total points. Will it be a high-scoring affair? Or a low-point defensive matchup?
A prop bet isn’t usually tied to the final score or outcome, the most common prop bets are player props, where wagers are made on a single player’s performance, like how many throwing yards the quarterback will have.
Live college football odds update throughout the game, giving bettors the opportunity to wager on evolving matchups, scores, and game outcomes as the action unfolds. Live NCAAF odds update with the action, so stay engaged.
College football parlays combine two or more individual bets into one wager, with every selection needing to win for the parlay to pay out.
Futures are bets on the entire season rather than a single game. The most popular futures bet is what team will win the College Football National Championship, but there are many futures to choose from, such as the winner of the Heisman Trophy.
College football has multiple popular betting events like championships, playoff games, and the regular season. Presenting exciting betting opportunities throughout the course of the season, but the games with the highest stakes generally take place from the first weekend in December through the National Championship in January.
From the opening kickoff to the final week of the regular season, DraftKings offers a wide range of ways to bet on college football. Whether you’re looking at spreads, moneyline, totals, player props, or parlays, you can follow your favorite teams and stay engaged throughout the season.
The 12 top teams reach the CFP, with the top-four seeds earning a bye. The five highest ranked conference champions will automatically reach the CFP field, while the other seven teams are determined as at-large bids by the CFP committee.
The opening round will consist of four games, with the four higher seeds hosting those games on-campus. The winners of those four games will advance to the CFP Quarterfinals against the four teams that received a bye. Those four games, as well as the rest of the CFP games, will be played at neutral sites. The Quarterfinals generally take place on New Year’s Eve and New Year’s Day, taking over some of the rotating New Year’s Six Bowls. The four winners of the Quarterfinals will face off in the CFP Semifinals, with the two winners advancing to the National Championship.
The National Championship Game concludes the season in mid to late January.
In NCAA Division I football, FBS (Football Bowl Subdivision) and FCS (Football Championship Subdivision) are two subdivisions, with FBS representing the higher level that plays for the National Championship, as well as featured Bowl Games. FCS teams participate in their own playoff tournament to determine their champion.
The top two teams in each of the ten FBS conferences advance to their respective conference championship game. These games take place on Friday and Saturday during the first weekend in December. Outside of being named conference champs, many of these contests carry CFP implications.
Here are the ten conferences that hold a FBS conference championship game:
American Athletic Conference (AAC)
Atlantic Coast Conference (ACC)
Big 12 Conference
Big Ten Conference
Conference USA (C-USA)
Mid-American Conference (MAC)
Mountain West Conference
Pac-12 Conference
Southeastern Conference (SEC)
Sun Belt Conference
Teams that don’t make the College Football Playoff, but win six or more games, are eligible for a single postseason bowl game. There are rare occasions that a team with five wins will be invited to a bowl game if more room is available. These matchups are usually held in the same location every year and are big events after the regular season.
The biggest bowl games, reserved for the most elite teams, are known as the New Year’s Six. Four of these games are now a part of the CFP, while the other two remain a primetime matchup between teams that missed that season’s CFP.
These include:
The Rose Bowl
The Fiesta Bowl
The Sugar Bowl
The Orange Bowl
The Cotton Bowl
The Peach Bowl
