Ohio State Buckeyes Odds & Betting
Ohio State Buckeyes Odds and Betting
Who doesn't love betting on football? There are big markets around sports in the United States, and when it comes to the NFL, that market is global. Betting on the NFL might seem a little overwhelming at first. However, college football offers similar opportunities but might be a better place to start your football betting journey.
If you live in Ohio, there is a natural first step to take in that direction by beginning to understand betting on the Ohio State Buckeyes. Here's an overview of the types of bets you can place, with examples of Ohio State Buckeyes odds and betting.
Moneyline Bet
Moneyline betting remains, by far, the most accessible type of bet you can place on the Ohio State Buckeyes. In this market, all you are betting on is whether the Buckeyes will win or lose their next matchup. It doesn't matter what the margin is, and it doesn't matter how early or late they seal the victory. You bet on them, and if the result goes your way, you win - it's as simple as that.
Ohio State Buckeyes odds will either appear as a negative or positive number in the American odds system.
A negative number marks out the favorite to win, while a positive number points to the underdog. This system also directly tells you how much you would earn. For instance, if the Ohio State Buckeyes' betting odds are -150, they are the favorites, which means betting on them would involve less risk. As a result, you'd have to bet $150 to win $100 on a successful bet.
On the flip side, if the Buckeyes' odds are +400, they are considered the underdogs heading into the match, and hence a high-risk-high-reward option. In this case, a successful $100 bet on them would net you $400.
Ohio State Buckeyes Spreads
Spreads are among the most popular bets you'll find in the world of football, and that holds true when it comes to Ohio State Buckeyes odds and betting. Spreads are bets placed on the margin of victory or loss of the teams involved. Sportsbooks use them to even things out between the favorites and the underdogs, who generally have disparate odds.
If the Buckeyes are favorites and have a negative value of -7.5 against their odds, for example, then they effectively begin the game with a 7.5-point deficit and must win by at least 8 points for your bet to be a success. If they're the underdogs and have a positive value of +7.5 against their odds, then they effectively begin the game with a 7.5-point lead. You must ensure that their worst result is a 7-point loss, i.e., if they win the match or lose by 7 points or fewer, you've got yourself a winning bet.
Over/Under Bets
Fancy yourself as a good analyst of line-ups and strategy? And can you mix that knowledge with minor factors such as the conditions on a day and performance at a particular venue? Then this market could be your goldmine.
It's simple, really - the sportsbook picks a total number of points that both teams will score, and it is then up to you to assess whether the aggregate of the two teams' points will be over or under that number.
Ohio State Buckeyes Prop Bets
Prop bets are the most entertaining bets because they usually resemble the kind of bets you would make in your daily life with the people around you. More formally, they're short for proposition bets because they can generally be phrased as propositions.
You might ask someone how many passing yards CJ Stroud might make or who will score the first touchdown. And that is exactly what a Buckeyes prop bet will be built around.
Ohio State Buckeyes Parlays
Another crowd favorite in Ohio is the parlay bet, which can be best defined as multiple bets wrapped into a single wager. This type of bet requires at least an intermediate level of expertise to place because every single leg of the parlay needs to win for your full wager to come in.
You need a minimum of two legs to create a parlay and can keep adding tiers to a reasonable extent.
But what's the point of it, you ask? For one, the most obvious results across games will never offer you long odds, and you will always have to risk a higher stake on them.
If the Buckeyes are favorites to beat Florida with odds of -300, you'd have to place at least $300 to win $100. Instead, you can combine this result with a few other lop-sided results to get a combined odds multiplier that will offer a much bigger reward.
Ohio State Buckeyes Outrights and Futures
This market gives you options such as the Buckeyes' odds to make the playoffs, the Buckeyes' outright odds to win the tournament, and pretty much anything else that is a matter of honors received at the end of the season. This includes individual honors and many times also involves drafts.
Frequently Asked Questions
Is betting on college football legal in Ohio?
The bill to legalize sports betting in Ohio has been passed by the legislature, and the new law is expected to come into effect in early 2023.
How many championships have the Ohio State Buckeyes won?
The Buckeyes have won eight national championships, with the most recent in 2014. They've also won 39 Big Ten championships, with the most recent triumph coming in 2020.
What is the most common college football bet?
Outrights are always the most common bets, where you predict the winner of a particular matchup.