How Often Do Underdogs Win In College Football Betting?

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Northern Illinois Huskies cornerback Gabriel Amegatcher (5) runs on the field during the first half of an NCAA football game against Ohio Bobcats on Saturday, Oct. 14, 2023, in Dekalb, Ill.
(AP Photo/Kamil Krzaczynski)
Chase Kiddy @chaseakiddy Aug 29, 2024, 1:08 PM

Itโ€™s the oldest advice in the book โ€“ if you want to win in online sports betting, you should bet some underdogs.ย 

Thatโ€™s all well and good. But how often do college football dogs actually win?ย 

I dug into the history of college football odds to find out.ย 

How Often Do Underdogs Win In College Football Betting?

Since 2005, college football teams who play as underdogs in the regular season win 24.7% of the time.

Since 2018, when the US Supreme Court overturned PASPA, underdogs have won at a slightly greater frequency of 25.3%.

Consistently betting underdogs isnโ€™t going to net you a great win percentage. But with the right selections, they can be a net positive betting enterprise.

College Football Parlays

College football season is a perfect chance to build parlays.

With hundreds of games and thousands of odds combinations each year, you can build a parlay with heavy moneyline favorites, short underdogs, or prop bets. It’s a thrilling way to get closer to the action and make every play count.

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About the Author

Chase Kiddy

Read More @chaseakiddy

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.