An anonymous bettor just laid a $2,500 bet on the Michigan Wolverines to qualify as one of the final four teams in the 2021-22 NCAA College Football Playoffs.
The NCAAF betting odds posted by BetMGM for the Wolverines to make the CFP features a moneyline of +2000. If the $2.5K bet on Michigan wins, it will earn the gambler a cool $50,000.
When betting on NCAA College Football, moneyline odds will be presented for each team for a large variety of outcomes, including Conference and CFP titles.
Winning the Big Ten Conference usually means a trip to the College Football Playoffs, as there have only been two occurrences thus far where one of their teams was not included in the final four.
Michigan Wolverines head coach Jim Harbaugh has never led his team to a Big Ten title, so the bettor either believes that 2021 will be the year they finally get over the hump, or that they’ll be included as a non-conference winner.
The Southeastern Conference (SEC) often includes two teams in the CFP, but the same cannot be said for the Big Ten. One can gain some insight for betting on the CFP and its four qualifiers by looking through the Big Ten odds posted at online sportsbooks like BetOnline.
Big Ten East Odds to Win
- Ohio State -450
- Penn State +600
- Michigan +800
- Indiana +1000
- Michigan State +4000
- Maryland +5000
Big Ten West Odds to Win
- Wisconsin -125
- Iowa +175
- Minnesota +1000
- Nebraska +1000
- Northwestern +1600
- Purdue +3300
- Illinois +5000
College football oddsmakers are not offering much hope for the Michigan Wolverines, as they are predicted to finish third in the East Division and once again miss the Big Ten Championship Game.
BetOnline is also offering a +1800 moneyline on Michigan’s odds to win the National Championship, which is not too far off what BetMGM posted for the Wolverines to be included in the CFP bracket.
Governor Gretchen Whitmer ushered in legal sports betting in Michigan in 2020, and with the addition of mobile sportsbook applications, the revenue intake has grown exponentially.
If this lofty NCAAF bet on the Wolverines cashes in, it may sting BetMGM a little, but it will not significantly impact the overall sports betting revenue collection in MI as it has been north of $11 million consistently in recent months.
While it is fun and profitable to place a bet on an underdog and wait excitedly for it to cash in, we don’t advise following the path this anonymous college football bettor has blazed.
Consider wagering on a program with some CFP pedigree that has a legitimate shot of being one of the last four teams standing at the end of the season.
The National Title odds for betting on the Alabama Crimson Tide, Ohio State Buckeyes, Clemson Tigers, and Notre Dame Fighting Irish are all listed in the positive.
Choosing one of these four above-mentioned teams for betting on the NCAAF National Championship is a much more sound investment than electing to wager on the University of Michigan. On the other side of the token, this random Michigan bettor will have the last laugh if the Wolverines earn one of the four CFP spots.
Source – Yahoo! Sports
