The opening week of the NCAA football season has just one game remaining that will feature the Miami Hurricanes visiting the Louisville Cardinals on Monday night.
Now that the dust has settled on the first week, odds makers at Bovada, sportsbook.com and many other bookmakers can breathe a sigh of relief after faring well the first weekend of the season.
The bookmakers did well the first weekend even though some sharp bettors doing well with some spreads.
Books succeed or fail by what is wagered by the public. While those bets tend to be smaller than what a sharp will invest, their volume is much higher and has a huge potential impact with the parlays, which is the preferred way for the public to play.
While the sharp money took points with teams such as West Virginia and Virginia, the public was on the favorites with the popular schools such as Alabama and UCLA.
UCLA on topbet and betonline opened as a favorite by 22.5 points and during the last week that was bet down to 19 points. The defense for UCLA scored three touchdowns giving the Bruins a lead of 21-3 during the first half and a routed looked to be brewing, but the Cavaliers played solid defense of their own and UCLA hung on 28-20.
Most times if bookmakers can get help from the underdogs versus the popular teams, it turns the day into a profitable one.
Last season during the first week, it was just the opposite, all the favorites in big games were covering all day long.
On Saturday, when Alabama the No. 2 team in the nation did not cover its point spread of 23 points winning by just 10 points 33-23 over West Virginia, also helped the house, as did Oklahoma, the No. 4 team not covering its 34-point spread in a 48-26 victory over Louisiana Tech.
However, the win that ended up being the biggest was when Florida State the No. 1 team in the nation did not cover its 19.5-point spread as a favorite winning by just 6 points 37-31 over Oklahoma State.
The house was not hurt too much by the LSU win over Wisconsin with the Tigers not covering as a favorite by 5 points winning by just 28-24.
Another big game for the house came late Saturday on the West Coast when Washington the No. 25 ranked team struggled and barely defeated Hawaii 17-16 after being a 17.5-point favorite.
That was the day’s last game and a number of bettors who lost earlier, returned for a last chance, no one took the Warriors to cover and they not only covered by nearly defeated the Huskies.
This week starts the NFL and that means the books will have parlays with NFL and NCAA games and parlays with early and late NFL games. If the early games go to the bettors, the late games could be important for the house to continue to be successful.