Uncertainty around college football taking toll on sportsbooks
The uncertainty surrounding a college football season with at least 75% fewer games has already taken a toll on the betting action at sportsbooks. The State of the New Sports Bettor report by HPL Digital Sport found that 44% of college football bettors formerly wagered between $100 and $500 a week. How much of a trim the books will receive because of the abbreviated schedule is difficult to pinpoint. A big college football game — especially early in the season when bettors’ bankrolls are at their starting point — can attract tens of millions of dollars in bets around the nation. Even with an abbreviated schedule, recreational bettors may simply spread their normal amount bet across the games available, while others may shift more of their action to the NFL.
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