College football betting: How do we handle Colorado in the betting market?

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Has anybody recovered from Week 1 of the college football season? Saturday's full frenzy delivered a whirlwind of upsets, polarizing quotes and storylines, and a whole bunch of firsts. It was our first glance at most teams, with several transfer quarterbacks leading them. It was our first significant sample of how the offseason rule changes would impact the game. And finally, our first chance to witness what Deion Sanders is building in Boulder, Colorado.

Colorado head coach Deion Sanders walks the field before an NCAA college football game against TCU Saturday, Sept. 2, 2023, in Fort Worth, Texas. Has anybody recovered from Week 1 of the college football season? Saturday’s full frenzy delivered a whirlwind of upsets, polarizing quotes and storylines, and a whole bunch of firsts. It was our first glance at most teams, with several transfer quarterbacks leading them.

This week is a little different. Every app I opened, Deion Sanders was staring back at me through his gold shades and cowboy hat. The Buffaloes broke into the Top 25. Shedeur Sanders is getting texts from Tom Brady after shredding TCU for 510 yards in his FBS debut. Sportsbooks are getting flooded with bets on the Buffaloes in every possible market from Pac-12 winner to even national champions.

Week 2 is always a challenge because of how difficult it is to decipher how much stock you should put into the opening results. It’s only one game, but it’s also 100% of the sample size for this year’s version of the team. Those versions change drastically year after year now due to player movement. Finding the proper balance is the key, but it’s also what keeps bettors like myself up at night.

What’s that have to do with Colorado? The Buffaloes were 9.5-point underdogs to Nebraska prior to their upset win over TCU. They have flipped to 3.5-point favorites at BetMGM, and I’m not convinced that the odds are finished climbing.

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