Venturing into Bitcoin betting on National Collegiate Athletic Association (NCAA) Football can prove to be profitable for those who have a good understanding of team performances and the ability to accurately predict the outcomes of upcoming matches.
Engaging in NCAAF betting with Bitcoin can be relatively simple when you know what you are doing. The first step is locating a Bitcoin sportsbook that provides NCAAF odds and accepts cryptocurrency as a viable payment method – GOSUBETTING has you covered with that. NCAA Bitcoin betting is becoming more and more popular because it has a swift and transparent registration process, it is secure, transactions of near-instant and it gives bettors the option to place bets on their favorite college football teams anonymously.
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Understanding College Football and NCAAF bitcoin betting
NCAA football enjoys widespread popularity in the States and all over the world, despite it being difficult to follow for outsiders. GOSUBETTING has created this beginner guide to offer some insights and information about NCAA football and how to bet on it with Bitcoin.
When discussing college football, you may wonder why fans passionately support teams from schools they never attended, why the Big 10 has 12 teams while the Big XII has 10, or what a Hokie even is. The reality is that college football can often defy logic. To help bring clarity to the chaos, we have addressed the most common questions that arise when trying to comprehend America’s second-favorite sport in the following sections.
What Defines Major College Football?
As far as college football goes in the NCAA, it has four levels of divisions including FBS among them. The other three stages are FCS, II, and III. There are 124 teams in the FBS, distributed among eleven conferences, excluding Notre Dame, BYU, Army, and Navy. Six of these conferences are considered major: SEC, Big XII, Big 10, Pac-12, Big East, and ACC.
Generally speaking, the SEC, which is dominated by public universities from the old confederacy and is usually rated as the top football league nationwide, has produced national champions for the past six years. The Big XII is rooted in the Great Plains states and Texas, with Oklahoma and Texas being traditional powerhouses. Contrary to what one would expect from its title, the conference has lost four of its members and recruited few others during this year’s event.
Some of the top programs in America’s oldest conference, the Big 10, are Ohio State, Michigan, Nebraska, and Penn State situated among the large land-grant institutions from the upper Midwest. The conference has retained its name despite expanding its membership.
Pac-12 comprises universities based on the Pacific coastal and Rocky Mountains regions, with Southern Cal, Oregon, and Stanford at the forefront of this conference. Reaching from North Boston College down to south Miami, ACC has the three major teams vying for the lead, namely, Miami, Virginia Tech, and Florida State.
Finally, the Big East that hosted leading collegiate sports teams along the coast has undergone dramatic alterations, making it a mere namesake today. Since 1998, when the Bowl Championship Series was introduced, no school outside these six conferences has been participating in the national championship game. These six conferences, coupled with Notre Dame, formed the nucleus that created the true national champion of this era.
The Selection of a National Champion in College Football.
By the end of the season, every college American football team aims for a position in the top two BCS ranking positions. This rank assures placement in the BSC National Championship game where two of the best teams compete for a national championship title.
Teams mainly play against fellow conference rivals during the regular season. For example, the teams of the Big XII and Pac-12 are said to play nine conference games per year while those of the ACC, SEC, and Big 10 are eight. In the Big East, eight teams play football and these participate in seven conference games.
When the normal season comes to an end, there is one champion per conference. This is done by way of a championship game in the Pac-12, Big 10, SEC, and ACC. The team that has the best record for its intra-conference games in Big XII and Big East is designated as the champion.
Champions of the Six Conferences
The champions of these six conferences, along with four additional teams, primarily from these major leagues, are invited to participate in the five BCS bowl games: Orange Bowl (Miami, Fiesta Bowl (the Phoenix area), Sugar Bowl (New Orleans), Roses Bowl (Pasadena), and finally, BCS National Championship game.
The site for the BCS National Championship Game alternates among the five other major bowl game venues. The best two BCS-ranked teams are invited to the BCS championship game, which is won by the BCS national champion.
A combination of human polls and computer algorithms is used to determine the BCS rankings. One of the simplest ways to make it to the title game is through one of the six large conferences with perfect regular wins. Nevertheless, during seven out of fourteen years of operation, at least one of the teams with defeat managed to reach the title game. For instance, undefeated teams from major conferences do not receive invitations to contest the championship e.g., Auburn of the SEC in 2004 and Cincinnati of the Big East in 2009.
How are Teams Pre-season Ranked and What’s its Significance?
Before the season starts, poll surveys select Football Bowl Subdivision (FBS) coaches and media members who follow college football closely. They are asked to predict the top teams for the upcoming season. These preliminary rankings are influenced by a team’s performance in the previous season, the returning talent, and the potential of incoming players.
Once the season is underway, the pollsters reassess and reorder teams weekly based on game results. Winning often secures or boosts a team’s ranking, while losing may cause a higher-ranked team to drop below.
It’s essential to understand that these rankings are subjective, reflecting the pollsters’ opinions rather than hard facts. The computer algorithm used to identify the two teams that will compete for the national championship doesn’t consider these human polls. Thus, while Alabama may be the top-ranked team according to media and coaches’ polls, it’s based on collective opinion rather than indisputable evidence.
Despite their subjective nature, these rankings are integral to determining which teams will vie for the national championship. In 2005, the media poll, known as the Associated Press (AP) poll, was removed from the championship-determining formula.
The following year, it was replaced by the Harris Interactive poll, which includes former players, coaches, college administrators, and non-AP journalists. Traditionally, both polls have shown consistent rankings as the season progresses.
What’s the Significance of All These Bowl Games?
Any FBS team having recorded no less than six wins in the last week is usually eligible to participate in a bowl game that concludes the annual regular season. Thirty-five bowl games are played while the BCS National Championship game is one of those that determine a national champion. The other bowl games are essentially rewards for teams that have had successful seasons.
Each bowl game operates independently, with matchups often decided based on conference affiliations. For instance, the Big 10 has agreements with eight bowl games. If at least eight teams of the Big 10 achieve wins of 6 and higher, then some of them will play that game.
Nonetheless, the introduction of the BCS national championship game and a growing number of bowl games (from 23 in 1998, when the BCS started, to around 35 currently) have slightly reduced their value.
Understanding NCAAF Bitcoin Betting College Football Odds
The odds tables for college football are instrumental in comparing the offerings of various sportsbooks for the most favorable college football Bitcoin betting odds.
For newcomers to football betting, the fundamental step is understanding the football odds. In sports betting, a moneyline wager requires you to choose a team to triumph in the game. Moneyline odds at one of GOSUBETTING’S recommended Bitcoin sportsbook may look like this:
- Auburn Tigers – 1.5
- Alabama Crimson Tide 2.7
In this case, Auburn is the favored team, while Alabama assumes the underdog position.
If you bet $100 on the Tigers, then the maximum you could win is $50.On the flip side, a $100 wager on the Crimson Tide could yield a $170 profit. To ascertain your potential winnings based on the odds and wagered amount, feel free to utilize our Odds Calculator.
Understanding -110 Line
A -110 line is a crucial figure in the betting universe. It symbolizes the threshold Bitcoin sportsbooks must keep to remain profitable.
Deciphering -1.5 Spread
The -1.5 figure represents the point spread. A negative value, such as -1.5, indicates the team is the favorite by 1.5 points. Conversely, positive values like +1.5 denote the team as the underdog by the same margin.
Calculating NCAAF Betting Odds
To determine the odds for NCAAF games, crypto sports books take into consideration a variety of factors, such as coaching, weather conditions, offensive and defensive capabilities, quarterback performance, and the advantage of playing on home turf.
Distinguishing True Odds from Implied Odds
True odds represent the likelihood of a specific outcome based on thorough research and analysis. Implied odds, on the other hand, reflect a team’s chances of winning as a percentage, and are based on the odds set by the Bitcoin sportsbook. An Odds Calculator can help you determine the implied odds for any bet.
Major College Football Betting Events to Watch
When betting on college football, be sure to mark these significant Bitcoin betting events on your calendar:
Season Openers
Kicking off the year with the season opener is always exciting. Especially when you’ve done your offseason homework and have a good sense of which teams will do well and which ones may struggle. This is a great time to capitalize on potentially favorable odds offered by our recommended NCAAF Bitcoin betting sportsbooks.
Bowl Season
Similar to the March Madness tournament. The bowl season is a month-long celebration of postseason football that often features unexpected upsets, leading to substantial payouts.
College Football Playoffs
Four teams participate in this event and only one has a chance of winning. Starting from the 2024-25 season, the number of teams in the field shall be 12.
College Football National Championship
The pinnacle of the college football season, the National Championship game is the culmination of the entire season.
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Major College Football Team Rivalries
For those new to NCAAF Bitcoin betting, don’t miss out on these intense rivalries that promise to deliver thrilling action each time they match up:
- Michigan Wolverines Vs. Ohio State Buckeyes: Dubbed “The Game,” this Big Ten rivalry has been ongoing since 1918. The Wolverines lead the series at 60-51-6, having won the last two games after Ohio State’s dominance from 2012 to 2019.
- Auburn Tigers Vs. Alabama Crimson Tide: Two of the powerful SEC programs are clashing in the Iron Bowl which is a famous football encounter. Alabama boasts of a 49-37-1 record and an extra seven successes recorded during the past ten years.
- Army Black Knights Vs. Navy Midshipmen: A fierce competition between the two largest branches of the American Armed Forces. This matchup is a battle for football supremacy and bragging rights.
- Oklahoma Sooners Vs. Texas Longhorns: Also known as the Red River Rivalry, this storied rivalry dates back to 1900. Texas leads the series 63-50-5, having won their latest meeting in 2022, ending a five-year drought.
- USC Trojans Vs. Notre Dame Fighting Irish: A coast-to-coast showdown. This rivalry even has its trophy, the Jeweled Shillelagh, with a rich history that’s worth exploring.
- Georgia Bulldogs Vs. Florida Gators: A heated SEC rivalry with disputed historical records. As the teams can’t agree on the number of times they’ve faced each other, be it 100 or 101 times.
Understanding Sports Betting Terms
Here are some essential terms you need to know when delving into the world of NCAAF Bitcoin betting:
- Profit: This refers to the money you earn over a single bet or a series of bets.
- Expected Winnings: The amount you anticipate winning on a specific bet. For instance, a $100 bet on Auburn at -150 would yield expected winnings of $67, which can be calculated using our odds calculator.
- Expected Payout: This combines your stake with your expected winnings. In the case of a $100 bet on Auburn, your expected payout would be $167 ($67 winnings + $100 stake).
- Bet Slip: This document (physical or digital) outlines the details of your bet with your chosen sportsbook.
Bonuses and Promotions Offered by Sportsbooks
NCAAF Bitcoin Betting Sportsbooks usually provide bettors with various bonuses and promotions, some of which include:
Free Bets
As the name suggests, these are complimentary bets given to bettors upon sign-up, with any winnings being yours to keep, subject to the Bitcoin sportsbook’s withdrawal rules.
Risk-Free Bet
This option allows bettors to place a wager without risking their stake. It is also known as a cashback bonus. However, be sure to review the Bitcoin sportsbook’s rules, as some may return your stake in the form of credits.
Deposit Match
A common promotional offer – also called a first deposit bonus where the NCAA crypto sportsbook matches your deposit up to a specified amount. Check with your chosen sportsbook for their specific match percentage.
How to Place Bets on College Football
Saturdays are filled with excitement as fans, alumni, and students fill stadium campuses nationwide, cheering on their college football teams. Bettors elevate their excitement to new heights as they engage in NCAA football Bitcoin betting. This guide will walk you through setting up an account and exploring the different ways to bet on college football online.
Here are the steps to get you started with one of the recommended NCAAF Bitcoin betting sportsbooks:
- Choose one of GOSUBETTING’S best-recommended Football crypto sportsbooks and head over to the main betting sites’ homepage.
- Create a new account at the Bitcoin bookie by clicking on the registration tab.
- Also ensure that you provide important details like your email address and generate a password for your new account. Make sure that you are at least 21 years old and reside in a state where your selected sports book does business.
- If a promo code is required, enter it in the designated “promo code” box to benefit from any introductory offers.
- Make a deposit using the cryptocurrency of your choice, ensuring you meet the minimum required amount, as different crypto sportsbooks have different first deposit requirements. This will ensure you have funds in your account ready to place bets.
College Football Betting Tips
Now that you’ve created an account on a college football Bitcoin betting platform, a mountain of betting opportunities awaits you. Let’s delve into some vital considerations to guide you in placing well-informed wagers.
- Odds Shopping: Don’t settle for the first odds you see. Shop around different sportsbooks to find the most favorable odds. While most odds will be similar, variations can occur, especially in markets like Heisman odds, potentially boosting your winnings.
- Betting Trends: Stay attuned to market trends. Odds can fluctuate based on the direction of most bets. Trends can significantly influence odds, causing them to rise or fall in response to bettors’ actions.
- Rivalries: College football rivalries are electric, often rendering team records irrelevant. Keep this in mind when examining odds for rivalry games, as regional pride and the prospect of winning a coveted trophy can heavily influence outcomes.
- Potential Injuries: Injuries to key players can significantly impact odds. A team missing its star quarterback, for example, not only affects its game plan but can also sway the odds in the opposition’s favor.
- Weather: As with any outdoor sport, weather can be a crucial factor in college football. Stay updated on weather conditions at the game’s location, as they can have a profound effect on the game’s dynamics.
Where to Bet on College Football
Navigating through the myriad of Bitcoin sportsbooks can be overwhelming as the betting landscape continues to evolve with more options across various states. While many Bitcoin sportsbooks share similarities, they differ in their odds offerings, promotions, and special game-specific bonuses.
Each Bitcoin sportsbook provides new account holders with some kind of sign-up bonus. GOSUBETTING is the best place to find the top crypto sportsbooks. Note that these platforms are also some of the best for NFL betting. Be mindful that some states restrict betting on in-state teams or prop bets on college sports. The legal, licensed sites we recommend adhere to these jurisdictional regulations.
Examples of College Football Bets
There are numerous ways to bet with Bitcoin on college football online. Let’s delve into the different bet types and how they function, covering moneylines, spreads, over/under, and more.
Futures
Futures bets allow you to make predictions on future events, such as season win totals, conference champions, Heisman Trophy winners, and National Championship victors.
- CFP Playoffs: Bet on the top four teams that will make it to the national semifinals and vie for the National Championship. Current futures odds for the National Championship include Georgia at +3.2, Alabama at 7.00, and Ohio State at 8.00.
- Heisman Trophy: Engage in the excitement of the Heisman Trophy race by placing preseason bets on potential winners. For instance, a $10 bet on USC quarterback Caleb Williams, the favorite at 6.00, would yield a $50 payout if he secures the Heisman.
Moneyline
The moneyline, which we touched on when we explained betting odds, is a straightforward bet on the winner of a game. For example, if Notre Dame is listed at 1.5 against Navy, a $200 bet on the Fighting Irish would return $100 if they win. Conversely, if Navy is the underdog at 4.00, a $100 bet would result in a $300 payout if they pull off an upset.
Spread
NCAAF Bitcoin betting against the spread is more complex than only selecting the winner of the game. It involves predicting whether the favorite team will win with a margin set by the bookmaker or by less margin (the underdog). For example, USC’s first game of the 2017 season, where they were favored over San Jose State by 30.5 points. This means you can either bet on USC to win by at least 31 points at -110 odds, or on San Jose State to lose by 30 points or less, also at -110 odds.
Over/Under
Another popular betting option is the over/under. This bet involves predicting if the combined final score will be over or under a specific number set by the sportsbook. For example, if the over/under for the Notre Dame/Navy game is set at 60.5, you are betting whether the final combined score will be below 60 or above 61.
Props
Prop bets offer an entertaining way to engage with the game, though some states restrict them for college football. Unlike moneylines or over/under, prop bets focus on specific events or outcomes within the game. For instance, you could bet on the number of passing yards Caleb Williams will achieve against San Jose State, with sportsbooks setting the line and you predicting whether he will exceed or fall short of that number.
Parlays
Parlays provide an exciting way to amplify your betting experience through combination bets. Suppose you believe USC will cover the over and Caleb Williams will throw three touchdowns. If the sportsbook offers odds on this particular combination and your state permits player prop bets for college football, you can merge the two into a single bet. A successful parlay results in a larger payout than individual bets. Note that parlays can include more than two bets for an even bigger potential payout.
Teasers
A teaser allows bettors to adjust the point spread within a parlay bet, a popular option for football. This type of bet enables you to modify the point spread for at least two games, typically up to six points. While this adjustment can result in a smaller payout if you win, it also enhances the likelihood of success. For instance, if you prefer Navy with a +23.5 spread instead of +19.5 and think San Jose State will keep the game within a 26.5 spread rather than 30.5, you have effectively teased your bet.
Player Awards (MVP)
The Heisman Trophy is the most prestigious college football award, and you can bet on who will win the College Football MVP throughout the year.
Live Betting
For those who prefer not to wait to see if their bets pan out over a season or even a single game, live betting may be the answer. Many Bitcoin sportsbooks offer live betting, allowing wagers on the outcome of a game, even at halftime. Live odds are available for most games and adjust according to the game’s progress.
Understanding Line Movement
Bitcoin Sportsbooks may win or lose significantly depending on which way the betting action leans. To mitigate this risk, sportsbooks may adjust the lines.
Final Thoughts on NCAAF Bitcoin Betting
You’ve now reached the final stages of your college football Bitcoin guide, with instructions on how to bet from the beginning through to the National Championship game. Don’t forget to use sportsbook promo codes from our recommended college football crypto betting sites to immerse yourself in one of the season’s most thrilling betting events in sports.
Frequently Asked Questions
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What is the significance of preseason rankings in college football?
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How does a team become eligible for a bowl game?
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Do all bowl games affect the national championship?
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How are teams chosen for the BCS National Championship Game?
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Why do conferences have different numbers of teams?
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Can teams from any conference play in the BCS National Championship Game?
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What factors influence the weekly rankings during the season?
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Are bowl game matchups randomly selected?
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What is the role of the Harris Interactive Poll?
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Has the expansion of bowl games affected their prestige?