Why Choose BetMGM for College Football Betting?
BetMGM is among the most reviewed sportsbooks in the United States, offering NCAA Football markets.
The sportsbook's platform includes many wagering markets, including money lines, point spreads, player props, futures, and parlays.
This guide aims to examine BetMGM College Football odds and betting markets and compare them with other popular U.S. sportsbook brands.
Understanding BetMGM College Football Betting Odds
BetMGM college football odds represent the likelihood of an event occurring within a game, week, or season. They are presented in formats such as American (-110), decimal (1.91), or fractional (10/11).
Understanding odds is critical to the sports betting experience.
These odds help BetMGM users and all bettors calculate potential payouts and evaluate implied probability, translating betting lines into percentages.
For example, when Michigan is the favorite in a game, the Wolverines' odds might be something like -200. A bettor can see those odds and understand the implied probability of their victory, according to the sportsbook, is 66.67%.
College football betting odds change significantly over the course of the season. It's important to recognize that any odds you find at BetMGM represent a snapshot in time. They cannot be counted on to remain constant.
Types of College Football Odds and Markets Offered at BetMGM
BetMGM provides markets that should service most NCAA football fans, from casual bettors to sharps. The platform offers core bet types like spreads and moneylines, offering advanced options such as player props and parlays.
Below is a summary of the betting options presented at BetMGM:
| Bet Type | Description | Example |
|---|---|---|
| Point Spreads | Predict the margin by which a team will win or lose. Favored teams must cover the spread to win the bet. | Alabama -3.5 vs. Auburn +3.5. |
| Moneylines | Bet on the outright winner of the game, no matter what the score difference is. | Georgia Bulldogs (-200) vs. Florida Gators (+165). |
| Over/Under (Totals) | Wager on whether the total points scored in a game will be over or under a set number. | Over 56.5 (-110) or Under 56.5 (-110) for Ohio State vs. Michigan. |
| Futures | Long-term bets, including predictions for National Championship odds, conference winners, or individual awards. | Georgia Bulldogs to win the National Championship (+500), Cam Ward to win the Heisman Trophy (+1200). |
| Player Props | Focus on individual player performance metrics like passing yards, touchdowns, or rushing production. | RJ Harver to rush for over 120.5 rushing yards or Josh Hoover to throw 3+ touchdowns. |
| Team Props | Bet on team-specific outcomes, such as total points scored or first-half performance. | Texas Longhorns to score over 34.5 points, or Notre Dame to win the first half. |
| Same-Game Parlays | Combine multiple bets within a single game for higher payouts. | Travis Hunter over 1.5 receiving touchdowns, Colorado -6.5 spread, and a game total of over 58.5. |
| Live Betting | Place bets during a game, reacting to real-time factors such as injuries, turnovers, or shifts in momentum. | Betting on Washington as they narrow the gap against Oregon in the fourth quarter. |
| Halftime/Quarter Bets | Wager on specific segments of a game, such as first-half spreads or third-quarter totals. | Oklahoma Sooners to win the first quarter against the Texas Longhorns. |
What Do BetMGM Bettors Think of Its Betting Markets
Overall Experience with Market Coverage on BetMGM
BetMGM has garnered a mixed response from users regarding its market coverage. While many players appreciate the variety of betting options available, there are notable concerns about limitations and inconsistencies that affect the overall experience.
Positive Aspects
- Wide Variety of Betting Options: Many users have praised the sportsbook for offering a diverse range of betting markets, which enhances the overall betting experience.
Negative Aspects
- Limitations in Market Availability: Some users have expressed dissatisfaction with the limited availability of certain markets, which can restrict betting opportunities.
- Inconsistencies: There are reports of inconsistencies in market coverage, leading to frustration among players who expect a more reliable experience.
Conclusion
Due to the limited availability of user reviews for this particular sportsbook, we were unable to conduct a comprehensive analysis of user sentiment. However, based on the existing feedback, it is clear that while BetMGM offers a wide variety of betting options, there are significant areas for improvement in market coverage. We recommend checking back later when more user feedback becomes available to gain a clearer understanding of the overall user experience.
Odds Comparison: BetMGM vs. Competitors Odds Board
Let's take a look at an odds comparison across a few major markets from the Good Year Cotton Bowl Classic:
| Market | BetMGM | DraftKings | bet365 | FanDuel |
|---|---|---|---|---|
| Ohio State Moneyline | -250 | -238 | -260 | -255 |
| Ohio State -6 | -115 | -112 | -110 | -102 (at -6.5) |
| Texas Moneyline | +210 | +195 | +210 | +205 |
| Texas +6 | -105 | -108 | -110 | -120 (at -6.5) |
| Over 52.5 | -105 | -110 | -110 | -102 |
| Under 52.5 | -115 | -121 | -110 | -125 |
| Jeremiah Smith Anytime TD | -175 | -190 | -175 | -165 |
| Quitrevion Wisner Anytime TD | -165 | -155 | -150 | -175 |
What Bettors Think of BetMGM's Odds
Overall Experience with Odds & Pricing
The reviews regarding the odds and pricing on the sportsbook app reveal a mixed bag of experiences among users. Here’s a summary of the key aspects highlighted by players:
- Competitive Odds: Many users appreciate the competitive odds offered by the sportsbook, which often provide better value compared to other platforms.
- Pricing Transparency: Some players have noted that the pricing structure is clear and easy to understand, making it simple to see potential payouts.
- Limited Promotions: A few users expressed disappointment with the lack of promotional offers and bonuses related to odds, which they feel could enhance their betting experience.
- Inconsistent Updates: There are mentions of occasional delays in updating odds, which can be frustrating for users looking to place timely bets.
- Variety of Markets: The sportsbook offers a wide range of betting markets, which users find appealing, although some would like to see more niche sports included.
Overall, while there are positive aspects regarding the odds and pricing, the feedback is not overwhelmingly favorable. Due to the limited availability of user reviews for this particular sportsbook, we recommend checking back later when more user feedback becomes available to gain a clearer understanding of the overall user experience.
Most Reviewed Sportsbooks with NCAA Odds
- Availability across most of US legal states
- Competitive odds & diverse markets
- Attentive customer service
- Extensive list of Same Game Parlay's
- App speeds vary for some users
- Geo locate sometimes unreliable
- Extensive betting markets
- Live betting
- Efficient & secure payments
- Strong security measures
- Mobile app connectivity issues
- Maximum bets on odds boosts are low.
- Promotional restrictions
- Available in many U.S. States and Canada
- Numerous betting markets
- Major partnerships with teams/leagues
- Promotions are timely and change rapidly
- Connectivity issues on betting app
- Extensive Market Reach.
- Unmatched Fan Engagement.
- Live betting.
- Digital media bohemeth.
- Limited live streaming.
- Connectivity issues on betting apps.
Getting Started with College Football with BetMGM
BetMGM is accessible to first-time college football bettors. The registration process is designed to be smooth and quick, allowing bettors to access various markets quickly.
Here's a step-by-step guide to help new bettors create an account on BetMGM and access NCAA Football markets.
1. Visit BetMGM
- Access the BetMGM Sportsbook website or app to view the latest odds, such as National Championship futures, odds on the Heisman Trophy, or a parlay on multiple Division I games.
- Ensure you're located in a state where BetMGM is legally authorized to operate. BetMGM is located in 28 states (retail and online) and Washington, D.C. Bettors must be 21 and above in all regions except D.C., where the gambling age is 18.
2. Sign Up:
- To confirm your account, click on the gold "Sign Up" button and provide personal details, including name, date of birth, and email address.
- BetMGM ensures compliance by requiring bettors to share the last four digits of their Social Security Number (SSN) and activate geolocation services.
3. Make Your First Deposit:
- Choose from payment methods like PayPal or bank transfers to fund your account.
- Set deposit limits to practice responsible gambling while exploring NCAA football betting odds.
4. Claim The BetMGM First Bet Offer:
- BetMGM gives new bettors a first bet offer based on current odds for many games and betting markets.
- Before using the promotion, read the review and the terms carefully, such as wagering requirements and expiration dates.
5. Explore the College Football Betting Markets:
- Now that you're ready to get in on the action, browse the available markets and make your wager.
NCAA Betting Principles
With an understanding of how odds work, how to compare them, and how to sign up for BetMGM, you may feel ready for kickoff, but it's worth brushing up on some key principles before you get going.
1. Don’t Overreact to Preseason Rankings
- Explanation: Preseason rankings are based on reputation and hype and may not reflect true team strength. Therefore, be cautious about making season-long bets based on these rankings.
- Example: In 2017, Florida State was ranked #3 in the AP Poll but finished their season finished 7-6. Bettors who made futures bets on FSU to win the ACC or National Championship lost big.
2. Don’t Bet on Teams with New Coaches Without Research
- Explanation: A new head coach brings uncertainty, and assuming instant success is risky without knowing the roster or system fit.
- Example: Steve Sarkisian’s first season with Texas in 2021 was highly anticipated, but they finished 5-7. Bettors who believed in Sarkisian without evidence he could lead the Longhorns to a strong record were disappointed.
3. Don't Ignore Overwhelming Track Records
- Explanation: On the other side of the coin, it's worth remembering that certain coaches' history of finding success is impossible to ignore. Sometimes, the temptation to make contrarian bets against them with favorable odds might crop up, but it's not always the best impulse.
- Example: Nick Saban's recent run at Alabama was unbelievably successful. From 2009 to the end of the 2023 season, the program he led was nearly unstoppable, and betting against the Crimson Tide was rarely a good idea.
4. Don’t Bet on Heisman Favorites Too Early
- Explanation: Heisman Trophy races are volatile, and early-season favorites often fade due to injuries, team performance, or emerging competitors.
- Example: In 2019, Tua Tagovailoa was the early Heisman favorite, opening at +260 but suffered an injury midseason, and Joe Burrow (+10,000) won the award. Bettors who locked in Tua’s Heisman odds early missed out on Burrow’s rise.
5. Don’t Assume Last Year’s Success Will Repeat
- Explanation: Success in one season doesn’t mean it will happen again the next year, as rosters and dynamics change significantly.
- Example: Since 1996, just two teams have been able to win two national championships in a row: Alabama (2011,2012) and Georgie (2021,2022)
Responsible Gambling Best Practices for College Football Betting
Whatever strategies you are using to make your college football bets, it's important to understand that profitability is far from guaranteed. Because it's difficult to make money over the long term, responsible gambling is a must.
Below is a summary of some best practices for betting on NCAA Football responsibly:
| Principle | Description | Application in College Football Betting |
|---|---|---|
| Set a Budget | Always establish a clear betting budget and stick to it, regardless of outcomes. | Allocate $100 for weekly college football betting and avoid chasing losses by exceeding this limit. |
| Do Not Bet on Every Game | Avoid placing bets on every available game; focus on games where you have researched data. | Bet only on 2-3 games each Saturday based on thorough analysis, not on impulse or excitement. There are 133 teams in Division I alone, so it's impossible to be an expert on everything. |
| Understand the Odds | Know how betting odds work and their implied probabilities before placing a wager. | Recognize that a +200 moneyline for the underdog equates to a 33.3% implied chance of winning. |
| Monitor Betting Habits | Regularly review your betting activities to ensure they remain controlled and enjoyable. | Keep a record of your bets, tracking wins, losses, and trends to identify risky behavior. |
| Research Teams & Trends | Study team performances, player stats, and recent trends to make informed decisions. | Analyze stats like Oregon's average passing yardage or Notre Dame's scoring defense against top-25 opponents before placing a bet. |
Conclusion
BetMGM has options for college football betting to suit all types of bettors and experience levels. In a sports betting landscape that offers plenty of choices for bettors, BetMGM has qualities that may appeal to NCAA football bettors.
- Variety of Bet Types: Point spreads, player props, same-game parlays, and more
- Beginner-Friendly: Easy sign-up and resources to help new users
- Competitive Odds: BetMGM's odds are at least comparable to other major sportsbooks and better in some cases.
While BetMGM has the tools and markets most bettors need to wager on college football, it's still smart to compare lines and features for the smoothest and most profitable betting experience.
FAQ
General Questions on NCAAF Betting
What does BetMGM offer for college football betting?
BetMGM provides various betting markets, including spreads, moneylines, totals, futures, player props, team props, and same-game parlays, catering to a range of preferences.
How do I create an account?
To create an account, visit the BetMGM website or app, click "Sign Up," and fill in required details. You’ll also need to verify your identity using the last four digits of your Social Security Number.
What types of wagers are available for college football?
BetMGM features core options like spreads, moneylines, and over/unders, as well as advanced markets such as player props and live betting.
Are there restrictions on college football betting in certain states?
Yes, some states limit betting on local teams or specific bet types, such as player props. Before placing bets, it’s important to review your state’s rules.
How can bettors approach college football betting responsibly?
Bettors should set a budget, avoid impulsive betting, and focus on informed wagers. Regularly reviewing betting activity can help ensure gambling remains enjoyable and within limits.
References
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Meet our Authors
Paruyr Shahbazyan started his business career as an entrepreneur in 2000. Over 13 years, he learned business and leadership, which laid the foundation for his career.
In 2013, Paruyr entered the sports and betting industry as the founder and president of Bookmaker Rating, an online media platform he led until 2020. The platform focuses on in-depth analysis and insights in sports betting and has gained a reputation for quality content.
In 2022, Paruyr co-founded Azuro, a decentralized betting protocol. This shows his commitment to technology in the sports betting space. Through all these experiences, Paruyr has been shaping and influencing the betting industry, setting new trends and standards.
Innovation in sportsbetting comes from a deep understanding of both technology and the human element of sports.
Strategic Vision
Paruyr's vision is to revolutionize the sports entertainment industry by integrating technology. He sees the future of sports entertainment as a blend of traditional sports knowledge with innovative tech solutions, like decentralized protocols, to enhance user experience and fairness. He aims to create platforms that are not only user-friendly but also uphold the highest standards of ethical reporting, contributing to a more responsible and enjoyable sports culture.
