By Lou Monaco | | 4 mins
College Football Playoff Favorites Draw Big Money in NJ & PA
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The College Football Playoffs take place on New Year’s Day and the anticipation for both Friday games at Pennsylvania and New Jersey sportsbooks is high.
”All of the New Year’s Day bowls are getting good advanced action,” said Thomas Gable, Director of Race and Sportsbook for Borgata Casino & Resort in Atlantic City. “There’s a few more tickets written on the Ohio State-Clemson game than the Alabama-Notre Dame game at the moment here but both games, along with the Cincinnati-Georgia (Peach Bowl) game have gotten decent action already. Right now, we have 60% of the tickets on Clemson and 72% of the tickets on Notre Dame in the two playoff games.”
Alabama (-19.5) is receiving 79% of the college football betting handle and 84% of bets on the moneyline against Notre Dame fo the semifinal in Arlington, Texas, originally slated to be at the Rose Bowl. The Crimson Tide is also receiving 66% of handle and 60% of bets against the spread. The over/under total of 65.5 is seeing 71.5% of handle on the over and 73.5% of bets on the over.
Clemson (-7.5) is receiving 74% of handle and 79% of bets on the moneyline against Big Ten champion Ohio State for the Sugar Bowl in New Orleans. The Tigers are also receiving 79% of the handle and 77% of bets against the spread. The over/under college football odds total of 67.5 is seeing 77.5% of handle and bets on the over.
BetMGM Expecting High Volume
Alabama and Clemson are receiving a majority of bets in their respective matchups there. Alabama has moved from -19.5 to -20, while Clemson has gone from -7.5 to -7, according to BetMGM traders.
Germany-based Tipico, which just launched in New Jersey with its mobile app on Dec. 9, is also seeing some action on the two semifinal games.
”Our point spread action is lopsided, with 90% of Tipico bets for the 2 vs. 3 game on Clemson, and 85% of 1 vs. 4 bettors are putting their money on Alabama,” Tipico US sportsbook manager Brandon Friedman said.