College Football Live Betting: How to Live Bet on College Football Odds

min read
(Photo by Wichai Cheva Photography/Shutterstock)
BetMGM @ Jul 23, 2021, 8:03 PM

Live college football betting is the best way to experience the return of normalcy to college football after a cancellation- and postponement-ravaged season.

From Week 0 through the national championship, you can place live bets on college football betting odds at the BetMGM sportsbook. From spreads and money lines to player props and more, you’ll never run out of live betting opportunities.

What is Live College Football Betting?

Live sports betting gives fans more options to bet on college football and brings more excitement to every play regardless of the score, playoff scenarios, or pre-game betting.

For example, Michigan hosted Penn State on Nov. 28, 2020. Seeking their first win of the season, the Nittany Lions opened as a 4-point underdog before making it a pick ‘em by kickoff. The over/under total also dropped from 59.5 at open to 56.5 by closing.

Maybe you passed on the spread but placed a $100 pre-game wager on under 59.5 at -110 odds. Or maybe you didn’t place a college football bet on that game, instead betting on the Iron Bowl, LSU-Texas A&M, and a few other games.

Chris Evans #9 of the Michigan Wolverines tries to get through the tackle of Lamont Wade #38 of the Penn State Nittany Lions during a during the first half run at Michigan Stadium on November 28, 2020 in Ann Arbor, Michigan. (Photo by Gregory Shamus/Getty Images)
(Photo by Gregory Shamus/Getty Images)

Regardless of your pre-game betting, the window to bet on Penn State-Michigan didn’t close at kickoff. While you watched the game on TV, streamed it on your computer, or tracked the score online while watching other games, you could place in-game wagers.

How to Live Bet on College Football Odds

Whether you’re betting from your computer with online sports betting or from your phone with mobile sports betting (on the BetMGM Sportsbook app), betting on live college football lines is easy.

After watching Hassan Haskins bring Michigan within three points, 20-17, with 13 minutes remaining in the fourth quarter with his second touchdown run, you browsed live betting odds, which might’ve been:

  • Spread: Penn State -2.5 (-110), Michigan +2.5 (-110)
  • Money Line: Penn State -220, Michigan +180
  • Total: Over 44.5 (-110), Under 44.5 (-110)

Despite the narrow lead, you were confident Penn State would win. And because you believed Penn State wouldn’t allow Michigan to score again – meaning the Nittany Lions would win by at least three points – you placed two live bets:

  • $100: Penn State -2.5 (-110)
    • Potential Payout: $190.91
  • $100: Under 44.5 (-110)
    • Potential Payout: $​​190.91

Penn State scored on their next possession, a 12-play, 75-yard touchdown drive, to reinstate the 10-point lead. And after Michigan’s ensuing drive stalled, Penn State ran out the clock for their first win of the season. With the 27-17 win, your pre-game under bet cashed, as did your live bets.

Live Betting Parlays

Live betting isn’t limited to straight bets. You can combine live odds from one or multiple games across one or multiple sports.

When viewing live odds for Michigan-Penn State shortly before 3 p.m. ET on Nov. 28, odds were also available for the Kentucky-Florida game. Instead of, or in addition to placing the two straight live bets on Michigan-Penn State, you could’ve combined those two bets with one or multiple bets from live odds in Gainesville.

An example of a $100 live betting parlay involving the two games:

  • Penn State -2.5 (-110)
  • Michigan-Penn State under 44.5 (-110)
  • Florida -22.5 (-110)

And when all three bets hit – Florida won, 34-10 – the parlay payout would’ve been $695.79 on a $100 wager. BetMGM calculates parlay payouts for you, but you can also learn how to calculate parlay odds and payouts

More College Football Betting

College football betting doesn’t start or stop with live betting

From college football futures like national championship odds and win totals to weekly college football spreads and betting odds, there’s plenty of different opportunities to bet online at the best online sportsbook.

BetMGM $1000 Welcome Bonus Offer