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The college football world was hoping for a March Madness kind of feel for the first-ever 12-team College Football Playoff, with upsets galore. Instead, the four first-round matchups underwhelmed, providing a lot of time for holiday shopping. Favorites went a perfect 4-0 versus the spread, including 3 relatively non-competitive efficiencies by underdogs Indiana, SMU and Tennessee. Sportsbooks and the public do not seem to believe so. At least in 2 cases.

Both Penn State-Boise State and Texas-Arizona State function double-digit the lower-seeded Nittany Lions and Longhorns. And the latter has been an especially popular choice with the public. The Longhorns -12.5 is the most-bet side at BetMGM nationally in terms of overall dollars as of Monday afternoon.
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"All the cash is coming in on Texas," Seamus Magee, a BetMGM trader, wrote in a text message to The Athletic. "We require Arizona State to cover +13.5."

The enthusiasm for the Longhorns reaches the futures market also. Bear in mind that huge $1.5 million wager on Texas to win it all at +390 odds? The ticket is still out there at Caesars Sportsbook.

Interestingly, the Longhorns' challenger, Arizona State - the greatest underdog amongst the College Football quarterfinal matchups - is getting the most love from sharp gamblers. The Athletic spoke with several bookmakers who had actually taken sharp action on No. 4 Arizona State - which had gotten as high as a 14-point underdog at some books against No. 5 Texas - to push the line to -12.5 or -12.

John Murray, the executive director at The Westgate Las Vegas SuperBook, informed us he got a wager on Arizona State +13.5 from a "really highly regarded player."

Despite the fact that highly regarded cash has come in on Arizona State to cover, sportsbooks will likely require the Sun Devils to do simply that, as public wagerers are overdoing Texas.

"We would enjoy to see ASU cover, and then Texas win the game, so we get our Arizona State liability off the futures book," Magee included.

While the Texas game will be big for the books, it isn't the only video game in town. We chatted with several bookmakers to break down where the sports betting action is on the other three College Football quarterfinal matches. 6 Penn State (-11, 53) at No. 3 Boise State

This video game opened Penn State -10.5 at the majority of sportsbooks and has actually crept up a little to an agreement of -11. sports betting on the spread is relatively divided at the majority of sportsbooks. The total dollars bet differs by book, as 52% of bets and 79% of the cash at BetMGM nationally are on Boise State -11, while 56% of bets however just 42% of the money at DraftKings is on Boise State -11.5. Penn State to cover is currently the second most popular CFP wager in terms of total tickets at BetMGM books.

"We opened Penn State -10.5 and are sitting on Penn State -11," Thomas Gable, sportsbook director at The Borgata in Atlantic City, told The Athletic. "I wouldn't be amazed if this line sneaks up a bit more before kickoff, but I presently invite any Boise State cash."
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Ohio State got the Oregon 2nd chance it desired. Are the Buckeyes prepared for vengeance?

No. 8 Ohio State (-2.5, 55.5) vs. No. 1 Oregon

Perhaps most unexpected to the public is that No. 1 seed Oregon is an underdog against No. 8 Ohio State. These teams satisfied back on Oct. 7 in Eugene, and Oregon won 32-31 as a 3.5-point home pet dog.

So why is OSU preferred?
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Several oddsmakers The Athletic spoke to before the CFP preliminary had Ohio State atop their power scores, and the lookahead lines for this hypothetical match were Ohio State -1 or -1.5. One oddsmaker discussed that Ohio State playing up to its power score in its dominant first-round win over Tennessee also shaped his opening line.

Ohio State opened as a 1- or 1.5-point favorite (depending upon the sportsbook) in this video game before respected money pressed it to the existing line of -2.5. A somewhat higher bulk of wagers at a number of sportsbooks, roughly 60%, are on the Ducks to cover, while near 60% of the cash has can be found in on the Buckeyes. This will likely be the highest-handle game of the 4 come kickoff.
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"We did take some highly regarded money at -1.5, rapidly went to -2.5 where it's remained," Gable said. "It's good two-way action at that number today. The total has actually increased 3 points from 52.5 to 55.5, which has been the greatest move of any of the overalls. Money has all been on the over so far.

Joe Brennan, the CEO of Prime sports betting, a sportsbook in Ohio and New Jersey that deals with sharp wagerers, informed The Athletic that "Ohio State opened as a 1-point preferred, and instantly our Ohio wagerers believed we were too low. Our opening cost of Ohio State -1 has actually been driven up to -2.5 and the total from 52 to 55."

He did note, though, that the book had actually seen significant buyback at the existing line of Ohio State -2.5 which 52% of the total dollars at his book were taking the points with the Ducks.

GO DEEPER

The most likely upsets for the College Football Playoff's second round

No. 7 Notre Dame vs. No. 2 Georgia (-1, 45)

The preferred turned in this game, as Notre Dame opened a 1.5-point favorite and is presently a 1- or 1.5-point underdog at sportsbooks.

What caused the line flip? Simply put, the sports betting action.
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Although Georgia's beginning QB Carson Beck is out for the season and has actually been changed by relative unknown Gunner Stockton, gamblers are gravitating towards the Bulldogs.

Georgia to cover is the most popular versus the spread wager at BetMGM books nationally in terms of ticket count (second-most popular by total dollars bet), and it has been "one-way traffic on Georgia," according to Magee. Nearly 70% of bets are on the Bulldogs at numerous sportsbooks.