Gamblers still backing Deion’s Buffs after hot start

• David Purdum, ESPN Staff WriterSep 18, 2023, 01:52 PM ET

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  • Joined ESPN in 2014
  • Journalist covering gambling industry given that 2008

Colorado stays the most popular bet on the board at sportsbooks regardless of handing the wagering public a large loss this past weekend.Colorado rallied to defeat Colorado State 43-35 in double overtime Saturday but didn’t cover the 23-point spread, much to dismay of the approximately 90% of the wagering public that backed the Buffaloes. BetMGM reported Saturday morning that there were two times as lots of bets on Colorado to cover as on any other college football team.Joey Feazel, lead college football trader for

Caesars Sportsbook, said Colorado failing to cover produced the house’s greatest win in a game this season, pushing out Duke’s upset of Clemson on Labor Day.Editor’s Picks 2 Associated Asked if Saturday

‘s big win made

up for the big losses Caesars suffered on Colorado’s very first 2 games of the season, Feazel responded:” Almost.”A month into the college football season, coach Deion Sanders ‘Buffaloes, approximately a 100-1 long shot, have drawn in more than two times as numerous futures bets to win the championship game as any other group. Buffaloes quarterback Shedeur Sanders has actually brought in more than half of the money bet at DraftKings to win the Heisman Trophy.This week in its Pac-12 opener at Oregon, Colorado is a big underdog. Since Monday, more bets had actually been positioned and more money bet on Colorado-Oregon than on any other game at DraftKings, consisting of Ohio State-Notre Dame. The Buffaloes opened as 21-point underdogs.The Colorado State-Colorado game also brought in considerable in-game betting– the bulk of it on the Buffaloes, who tracked throughout most of the contest. SimpleBet, a business that provides live odds to sportsbooks, stated the game represented 27%of all college football bets that its clients accepted Saturday.