I’ve seen some bets in my day that made me do a double take. I’ve even seen some that made me triple back. But I’d never come across a bet that left me staring at the screen.
Until today.
A bettor at Caesars Sportsbook placed a $1,5000 wager on the Colorado Buffaloes football team to win the Pac-12 this season. The same Colorado team that is 300-1 to win the Pac-12.
And, yes, Colorado’s odds are the longest of any team in the conference.
I can’t say that I’ve heard of a bet quite like this, although a recent $1k bet on Utah State to win the national championship comes awfully close.
One of the wilder college football bets I've seen for this season that came in recently at @CaesarsSports… a Colorado bettor put $1,500 on Colorado 300/1 to win Pac-12 for a potential win of $450,000.
Colorado's odds are now 275/1, but they're still Pac-12's biggest longshots.
— Max Meyer (@TheMaxMeyer) September 2, 2022
For Colorado to turn this bettor’s $1.5k into $450,000, it’ll have to spend the season doing some serious upsetting. The Buffaloes face all three of the Pac-12’s preseason AP Top 25 teams (USC, Utah, Oregon).
They haven’t beaten a ranked team since the 2019 season.
Hey, perhaps CU can get an early jump on the upsetting and set the tone for the type of season they’ll have when it opens up this weekend against TCU, who is a 13.5-point favorite (at Tipico Sportsbook) over the Buffaloes.
That’s probably what the bettor is hoping for.
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