Legal College Football Playoff Betting
Even though the College Football Playoff (or CFP) is a rather recent development, the year-end mini-tournament has already made its mark as one of the most anticipated sporting events of the year. Though limited to only the top four teams in NCAA Division I football, the interest generated by legal college football playoff betting rivals that of any major professional or amateur sports tournament. And, as with all other sports tournaments, the vast majority of the betting that takes place on the CFP occurs through the use of legal online sportsbooks. The Georgia Bulldogs defeated the Alabama Crimson Tide in the 2022 College Football Playoffs with thousands of wagers being placed on online sportsbooks throughout the game.
When looking to actually bet on the college football playoffs, you have come to the right place. Right here, you’ll find everything you need in terms of info for betting on CFP lines. You’ll find out that it is legal to bet on the CFP from anywhere in the United States regardless of whether your home state offers regulated sports betting or not. You will also find out what the current betting odds are as well as what types of bets can be made right on this page.
Best Sites For College Football Playoff Betting
While there are plenty of online gambling sites to place bets on the CFP, right here you will find some of the top options to place your bets. With sites Bovada, BetOnline, SportsBetting, and others, you will not only find some of the best college football odds that are available, but they also cater to new users as well with their promotions and wide variety of deposit options. One great way to take advantage of all that they have is by signing up for multiple CFB betting sites and taking advantage of each of their bonuses. This allows you to shop lines between them in order to get the best odds.
Legal College Football Playoff Betting At Bovada
As one of the original legal online sportsbooks, Bovada has a history and a reputation second to none. With a legendary management team and the most accessible Internet interface, Bovada is the industry leader for all things sports betting. Signing up is fast and direct, and new users can receive a $250 Sports Welcome Bonus to put towards their first wagers. If you only choose one online destination to put money on the NCAA, legal College Football Playoff betting at Bovada is the way to go. (Please note: Bovada is currently unavailable to residents of DE, MD, NV, NY, and NJ.)
Legal College Football Playoff Betting At BetOnline
At BetOnline, you can enjoy betting on the College Football Playoffs with several different forms of cryptocurrency. They let you deposit and place bets with 17 different types of crypto including Bitcoin, Ethereum, Litecoin, and much more. These crypto deposits are also extremely beneficial on BetOnline as you won't have to deal with any deposit fees or any processing times. All of your funds will be processed instantly.
Legal College Football Playoff Betting At MyBookie
With MyBookie, you won't have to worry one bit about safety as that is their top priority. They make sure of your safety on their site is with backend encrypted links that secure their servers as well as your web browser and all of your information that is stored on it. In the rare event that something were to go wrong with your account, you won't have to stress either as their customer service is on call for you 24/7 and will get on the phone with you to help walk you through any issues.
Legally Bet On The College Football Playoff At SportsBetting
SportsBetting caters to any sports bettor in the United States with the exception of those in New Jersey. The experience is first-class all around, with industry-leading options and menus boasting dozens of bet types for each and every event. The brand’s mobile interface is extremely simple and straightforward, making gambling on your favorite collegiate team a breeze. SportsBetting also offers new customers a slew of bonuses, including a 75% Welcome Bonus, a 100% Bitcoin Bonus, and a world-first 25% Bonus For Life program.
Top Sportsbooks for College Football Playoff Betting
Types Of Legal College Football Playoff Bets
If you’re already familiar with online sports betting in general, you should have no trouble understanding the basics when it comes to wagering on the CFP. Like regular-season games, the types of legal College Football Playoff betting available is similar as they include moneyline odds, odds on the spread, game totals, futures odds, alternate spreads, player props, and more.
- Moneyline: Betting on the moneyline means that you are betting on the outright winner of the game no matter what the score is.
- Spread: Odds on the spread mean you are betting on how many points a team is going to win or lose by. You can bet on the winner winning by X amount of points or more or on the loser to lose the game by X points or less.
- Game Total: With these odds, you are betting on the combined points that are scored between both teams. You will bet on whether the combined score is over or under the set amount.
Alternate Spread: With the alternate spread, you can bet on different spreads for both the favorite and underdog of the game which come at different odds.
- Player Props: With player props, for offensive players like QBs, RBs, and WRs, you can bet on how many touchdowns they will score in the game as well as how many total yards they’ll be responsible for.
- Futures Odds: Futures odds are geared towards the National Championship game as you are betting on who is going to win the Championship. You can bet on these odds at any time during the season and the odds are continuously shifting.
Live Betting On The College Football Playoff
Aside from the basic wager types, one of the most engaging ways to wager on the CFP is via live betting (or in-game betting). Live betting on the College Football Playoffs is 100% legal, and you can do it from anywhere. All you need is an account at a top online sportsbook like Bovada or SportsBetting, a computer or mobile device, and an Internet connection.
The advantages of live betting on the CFP are that, instead of being limited to pre-action bets on performances and scores, you can actually immerse yourself completely in the game by wagering on literally every single snap. A persistent Internet connection makes this possible, and all the best online betting shops have dedicated systems to ensure that you get the most up-to-date odds on every new down. With CFP live betting, you can choose from among literally hundreds of unique wagers for every single football game. And more chances to wager means more chances to win.
Mobile Betting On College Football
Luckily for you, you can bet on all College Football Playoffs odds from wherever you are using the betting sites mobile betting sites. All you have to do to use these mobile betting sites is enter the URL on your devices web browser and log in and place bets and use any of their other features right from the palm of your hand. Some of the mobile devices that can be used to bet the CFP include:
- Google Pixel
- Microsoft Surface
- Samsung Galaxy
Current College Football Playoff Betting Odds
Futures betting on the College Football Playoffs is one of the biggest bets that you can make on the college football season as a whole. You can bet on the championship odds for the season, conference title games, individual teams odds to make the college football playoffs, and more. These odds will shift throughout the season depending on what happens. That said, it is best to get in on these odds as early as possible for the best value.
2022 College National Championship Odds
- Georgia +185
- Alabama +200
- Ohio State +350
- Clemson +1200
- USC +1200
- Michigan +1600
- Oklahoma +2500
- Tennessee +5500
Can You Legally Bet On The College Football Playoffs?
Yes absolutely, you can bet on the College Football Playoffs no matter what rules and restrictions are set in place in the state you are in. That is thanks to there not being any federal laws in place by the United States government that prohibit the use of any online sportsbooks whether they are licensed in the country or not. With that said, you can use these sites at your leisure from wherever you are.
How To Deposit Into Legal College Football Playoff Sportsbooks
Depositing into your online betting site is very easy and can be done with several different methods and all are extremely easy. The site you choose will walk you through how to deposit with each method that they accept. Some of the deposit methods that you can bet on the CFP with include:
- Credit/Debit Card
- Wire Transfer
How To Collect Your Legal College Football Playoff Winnings
Making a withdrawal from your online betting account is just as simple as making a deposit. However, there are different methods that you can deposit with that you cannot withdraw with. You will also need to follow different withdrawal fees and processing times before you can request it. The methods that you can use to make a withdrawal are:
- Money Order
How To Deposit Into Legal College Football Playoff Sportsbooks
Generally speaking, it’s a simple thing to deposit into legal College Football Playoff sportsbooks like Bovada, et al. While each site has its own varying limits on deposit types and amounts, they all cover the basics, making it easy for just about anyone to put a few bucks into their accounts.
That said, it is important to remember that legal College Football Playoff betting is a time-sensitive proposition, as the tournament is fast approaching. As such, you’ll want to use as fast a deposit method as possible. Since things like money orders, wire transfers, and personal checks all take up to two weeks to clear (and come with exorbitant processing fees), it’s best to deposit funds into your legal online sportsbook of choice via credit, debit, or Bitcoin. These methods carry much faster transfer times and much smaller fees, making them ideal for safe, secure funding at all reputable Internet betting shops.
How To Collect Your Legal College Football Playoff Winnings
Once you’ve cleaned up big-time, you’ll no doubt want to know how to collect your legal College Football Playoff winnings. Unfortunately, this process is slightly more limited than the deposit avenue, simply because you usually can’t receive your payouts via credit or debit card chargebacks. Thus, you’re essentially limited to requesting a courier check or bank transfer. Again, these methods are slow and expensive.
Fortunately, there is a better way. If you use a cryptocurrency like Bitcoin (SportsBetting also accepts Litecoin), you can receive your winnings directly. Instead of waiting to collect your cash for a week or more, Bitcoin transfers typically take less than half an hour to go through, and you’ll avoid all the pesky processing charges that would otherwise eat into your profits. Even better, Bitcoin itself is a potentially lucrative investment, and it’s quite possible that your winnings would appreciate dramatically if placed in that system. Sure, it might be a gamble, but that’s what you’re here for, right? Honestly, nothing goes better with legal College Football Playoff betting than Bitcoin – It’s as if the two were made for one another.
Legal College Football Playoff Betting FAQs
Is Betting On The College Football Playoff Against The Law?
Absolutely not. You cannot be arrested for betting on the College Football Playoff, unless you get caught up using a local bookie in a state where such activities are against the law. As long as you stick to doing all your sports gambling at a trustworthy Internet betting shop, you can enjoy the pastime without fear of government reprisal.
Is Betting On The College Football Playoffs Safe?
As with all things, putting action on the College Football Playoffs is only as safe as you yourself make it. If you use a top online sportsbook like Bovada or SportsBetting, and you do not risk more money than you can afford to lose, then yes, legal College Football Playoff betting is perfectly safe – and a whole lot of fun.
What Is The Minimum Age To Legally Bet On The College Football Playoffs?
Since most states do not explicitly cite a minimum age to legally bet on the College Football Playoffs (or any other sporting event), it is generally advised that you wait until you’re at least 21 years old to sign up and play. That said, the minimum age for membership at Bovada and SportsBetting is only 18, so even if you aren’t 21 yet, at least you won’t be running afoul of those sites’ terms of service.
Do I Have To Pay Taxes On My Winnings?
Yes. Definitely. Absolutely. The surest way to spur the hides of the powers that be is to deny them their unfair share of your earnings. As such, Uncle Sam has carved out a special place in his IRS’ system of nonsense for gamblers – sports and otherwise – to claim their income. Form 1040 and Form W-2G are the requisite documents to satisfy these requirements. Remember, legal College Football Playoff betting is by no means a legal tax dodge. As long as you keep clear records of your gambling wins and losses, you shouldn’t have any problems come April 15.