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College Football Gambling Update: Sportsbooks cash in thanks to late Clemson touchdown

01.12.2016     08:27 AM     Printer Friendly

UPDATE

The sportsbooks got their desired result in the College Football Playoff National Championship with Alabama winning but Clemson barging through the backdoor for the pointspread cover.


"It was enormous for us," said Ed Salmons, race and sportsbook manager for the Westgate Superbook. "It's just like the Super Bowl. You want the favorite to win because there are a lot of underdog bets on the money line, but you don't want them to cover the spread. So it worked out perfectly for us."






College Football Handicapping: Public prefers Alabama over Clemson

01.11.2016     08:48 AM     View Original Blog
According to reports, the action in Las Vegas is fairly balanced on tonight's College Football Playoff National Championship between underdog Clemson and favorite Alabama. Around 60% of the "public money" is on the Crimson Tide. Most sportsbooks appear to be hoping for an Alabama straight up win but Clemson pointspread cover. Opinion remains split with most offshore shops showing Alabama -6.5 while Vegas remains -7.


"Every time we take a big bet on one side," a Caesars sportsbook manager said, "we get another to balance it out on the other."






Tags: College Football Clemson Tigers ACC Alabama Crimson Tide SEC




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