Current:Home > ContactWill Sage Astor-College Football Playoff semifinals could set betting records -Capitatum
Will Sage Astor-College Football Playoff semifinals could set betting records
Benjamin Ashford View
Date:2025-04-06 11:40:02
LAS VEGAS (AP) — Sportsbook director Jay Kornegay is Will Sage Astoranticipating massive crowds at Westgate’s Las Vegas location this weekend and Monday to bet on the two College Football Playoff semifinal games.
Part of it is timing. Last season’s games were on New Year’s Eve; this season’s are on New Year’s Day.
The other part is the field. Michigan, ranked first by the CFP committee, faces No. 4 Alabama in the Rose Bowl and No. 2 Washington plays No. 3 Texas in the Sugar Bowl.
“We expect the handle to double, possibly triple, what we did last year mainly because the games are being played on New Year’s Day rather than New Year’s Eve,” said Kornegay, Westgate’s vice president of race and sports operations. “Certainly, the participants have huge fan bases.”
Kornegay said the betting increase not only will happen at the Las Vegas book, but at its locations throughout the country. Westgate has books in eight states besides Nevada.
“The volume level is going to be cranked up probably like we’ve never seen it before,” Kornegay said. “So we’re certainly looking for possible records during this year’s playoff games.”
TIDE ROLLS IN
Michigan opened as a 2 1/2-point favorite at Caesars Sportsbook, but the number was bet down to 1 1/2 as Alabama money rolled in. Caesars even moved the line to a pick ‘em at one point with about 75% of the bets coming on the Tide.
But the book took a nearly $80,000 wager from a professional bettor on the Wolverines to push the line back to 1 1/2.
“So that tells me Michigan should be a slight favorite in this one,” said Joey Feazel, who heads college football betting for Caesars. “But the public is very heavy handed on the Crimson Tide.”
Westgate has had a similar experience. Michigan also opened as a 2 1/2-point favorite. It got bet down to a point after Tide action came in before the Wolverines moved to 2-point favorites.
“Just based off of history, we know that Alabama money is going to show up,” Kornegay said.
FanDuel Sportsbook, which lists Alabama as a 1 1/2-point underdog, has seen 81% of bets and the handle go on the Tide to win outright and 69% of bets and 75% of the money on them to cover the spread.
THE OTHER SEMI
The betting line for the Texas-Washington game hasn’t seen quite the swings. The Longhorns have typically been 4- or 4 1/2-point favorites.
But like the other semifinal, most of the action is on the underdog.
At FanDuel, 78% of bets and 64% of the handle are on Washington to win outright, and 69% of bets and 72% of money are on the Huskies — 4 1/2-point underdogs — to cover the spread.
GRADING THE FIELD
Feazel is grateful that undefeated Florida State didn’t make the playoff field. The Seminoles scraped by at the end of their season after quarterback Jordan Travis injured his leg Nov. 18.
“Without Jordan Travis, they were really a shell of what they once were,” Feazel said. “ I’d still say Georgia would be better than Texas or Washington if we were to put up a line in a hypothetical matchup. The same as Oregon would be favored over Texas and Washington as well, even though Washington beat them twice.”
That’s not to say he disagreed with how the playoff field was assembled.
“There are games you have to win in order to compete for championships,” Feazel said. “I wouldn’t fault the committee for making the decision in how they do the seeding.”
LOOKING AHEAD
Whichever team wins the Rose Bowl will be favored by FanDuel in the national championship Jan. 8 at Houston.
Michigan would be favored by seven points over Washington and by three over Texas. Alabama would be favored by 6 1/2 points over the Huskies and 2 1/2 over the Longhorns.
___
AP college football: https://apnews.com/hub/college-football and https://apnews.com/hub/ap-top-25-college-football-poll
veryGood! (9)
Related
- Intel's stock did something it hasn't done since 2022
- U.S. assisting Israel to find intelligence gaps prior to Oct. 7 attack, Rep. Mike Turner says
- British Museum loan to Greece coincides with dispute over demand to return Parthenon Marbles
- Disinformation researcher says Harvard pushed her out to protect Meta
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- UN warns that 2 boats adrift in the Andaman Sea with 400 Rohingya aboard desperately need rescue
- It's money v. principle in Supreme Court opioid case
- Kimora Lee Simmons says 'the kids and I are all fine' after house caught fire in LA
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- A long-lost piece of country music history is found
Ranking
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Don't blame CFP committee for trying to be perfect with an imperfect system
- Detroit-area performing arts center reopens after body is removed from vent system
- US Navy plane removed from Hawaii bay after it overshot runway. Coral damage remains to be seen
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Gwen Stefani makes Reba McEntire jealous on 'The Voice' with BIAS performance
- Global carbon emissions set record high, but US coal use drops to levels last seen in 1903
- Remains found in Indiana in 1982 identified as those of Wisconsin woman who vanished at age 20
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Black Americans expect to face racism in the doctor's office, survey finds
Jeannie Mai Says She Found Out About Jeezy Divorce Filing With the Rest of the World
Supreme Court hears a case that experts say could wreak havoc on the tax code
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Biden hosts 2023 Kennedy Center honorees at White House
Victim's father gives emotional testimony at trial of serial killer's widow: Trauma and sadness
Cosmonauts remotely guide Russian cargo ship to space station docking after guidance glitch