In May 2020, it was reported that since the Supreme Court's PASPA decision, over $20 billion had been spent on sports betting in the United States. As of May 2022, 30 states and Washington, D.C. have operational legalized sports betting, while an additional four states have legalized it, but have not yet launched legal sportsbooks. College football betting is extremely popular, which means sportsbooks offer a lot of different ways to bet on NCAA games. Here are some of the different options for college football bettors: The first thing to know about betting odds is what they represent. Betting odds are a tool that reveals odds to win sanderson farms championship an oddsmaker’s opinion (or stance) on a particular game, event or proposition. They also reflect how much money bettors must risk to win a specific amount—that is, the potential payout.