Texas winning the national championship next month would be bad news for BetMGM Sportsbook. It would be similarly disappointing if Boise State, Indiana or Arizona State won the title. Texas has attracted a lot of money all season to go all the way. Those other schools provide the hope of a big payoff.
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Expanding the playoff field from four to 12 teams this year meant more betting in general on college football and more varieties of wagering on the postseason. There were meaningful games played in the final month by not only Arizona State, Boise State and Indiana, but also SMU, Army and UNLV — a number of teams not always in the national title conversation.
“Usually, you see the dog money for these teams come late, especially on the sharps’ side,” Feazel said.Boise State, which as the third seed has a first-round bye, will be the underdog in its quarterfinal matchup with Penn State or SMU. Feazel said Boise State not being able to play at home on its blue carpet will be a notable disadvantage. Boise State’s quarterfinal game will be at the Fiesta Bowl in Glendale, Arizona.Instead of all the games being played in climate-controlled domes or warm-weather locales — as has been in the case in past postseasons — three of the four first-round matchups will take place in the Northeast and Midwest.
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