BCS betting recap: 60% of $ was on ND; spread has never mattered, ‘Bama +24 vs. KC Chiefs

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Alabama’s thrashing of Notre Dame was the most wagered game in the 14 year history of the Bowl Championship Series.

“We’re projecting $2 billion bet on this game worldwide,” said RJ Bell, CEO of pregame.com. “That would be the biggest BCS title game ever.

“It would be the biggest college football game ever — 25 percent more than last year’s BCS game, and three times as big as any other ball game this year.” Bell pointed out that the $2 billion still is only about a fifth of the $10 billion bet on the NFL’s Super Bowl. But for a college game, it’s unprecedented.

Some of this interesting stats on the action.

60% of bets were on Notre Dame. 40% on Alabama.

Once again, the point spread has NEVER mattered in a BCS Title game! (15 out of 15 times either the favorite won by more than the spread, or the underdog won the game outright)

Alabama would be favored over ANY college football team: Alabama favored by 3-points over Oregon; Alabama favored by 14-points over Ohio State.

Alabama 24-point UNDERDOGS against Kansas City Chiefs

Looking forward to 2014, here are the first odds for each team’s chances of winning the BCS:

Alabama: 3 to 1
Oregon: 8 to 1
LSU: 10 to 1
Ohio State: 10 to 1
Texas A&M: 14 to 1
Florida: 15 to 1
Florida St: 15 to 1
Notre Dame: 20 to 1
Louisville: 20 to 1
Clemson: 20 to 1
Oklahoma: 25 to 1
Miami: 25 to 1
Georgia: 30 to 1
Michigan: 30 to 1
Texas: 30 to 1
Stanford: 30 to 1
South Carolina: 30 to 1
Nebraska: 35 to 1
UCLA: 40 to 1
USC: 40 to 1

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.