Colorado’s Upset Victory Over Colorado State Shakes Up Betting World
In a surprising turn of events, Colorado’s upset victory over Colorado State has sent shockwaves through the betting world. Despite failing to cover the 23-point spread, the Buffaloes managed to rally and secure a 43-35 double-overtime win. This result disappointed approximately 90% of bettors who backed Colorado, according to BetMGM. It seems that Colorado remains the hottest bet on the board at sportsbooks, even after handing the betting public a significant loss.
The house, on the other hand, celebrated Colorado’s failure to cover the spread as its biggest win of the season so far. Joey Feazel, lead college football trader for Caesars Sportsbook, stated that this victory surpassed Duke’s upset of Clemson on Labor Day. While Caesars may not have fully recovered from the big losses suffered in Colorado’s first two games, this win certainly helped bridge the gap.
Interestingly, the betting interest in the Buffaloes shows no signs of slowing down. Even as a 100-1 long shot, Colorado has attracted more than twice as many bets to win the national championship than any other team. Additionally, Buffaloes’ quarterback Shedeur Sanders has captured over half of the money wagered on DraftKings’ odds to win the Heisman Trophy.
Looking ahead, Colorado faces a daunting challenge in its Pac-12 opener against Oregon. Surprisingly, the matchup between Colorado and Oregon has garnered more bets and seen more money wagered on it at DraftKings than any other game, including the highly anticipated Ohio State-Notre Dame clash. The Buffaloes enter the game as 21-point underdogs against the Ducks.
Not only did the Colorado State-Colorado game generate significant pre-game betting action, but it also attracted substantial in-game betting. The majority of in-game bets were placed on the Buffaloes, who found themselves trailing for the majority of the contest. SimpleBet, a company that provides live odds to sportsbooks, reported that the Colorado State-Colorado game accounted for 27% of all college football bets accepted by its clients on Saturday.
With its unexpected triumph over Colorado State, Colorado has firmly established itself as a team to watch in the betting world. Despite a disappointing result against the spread, the Buffaloes continue to attract attention and wagers from eager bettors. As the college football season progresses, it will be fascinating to see if Colorado can defy the odds once again and continue to shake up the betting world.
