Deion Sanders and the Colorado Buffaloes are proving everybody wrong, and that’s not a good thing for sportsbooks.
Sanders, in his first year at the helm of the Buffaloes, is off to a 2-0 start with a pair of victories over Power 5 teams.
That puts Colorado already halfway toward hitting the over on the 3.5-win total that most sportsbooks across the nation set.
The Buffaloes also covered the spread, handily, in each of their first two contests against TCU and Nebraska. And despite Vegas fading the Buffs, the public has been bullish on them.
This leaves sportsbooks in a weird position, one that Caesars Sportsbook college football lead Joey Feazel says is a “worst-case scenario.”
“It was our worst-case scenario before Saturday, and they are continually our worst-case scenario after Saturday,” Feazel told Front Office Sports.
But he’s not alone.
“Bettors were taking as high as +800 [Colorado moneyline] prematch and continued to bet them during in-game wagering,” DraftKings director of race and sports operations Johnny Avello said of Colorado’s win over TCU. “You ask if we won or lost on that particular game. How about hammered?”
That’s the scene all across the country for oddsmakers who are still trying to figure out what to make of a Colorado team that saw historic roster turnover in the offseason.
“There’s going to be a lot of people that love them, there’ll be a lot of people that hate them, but that’s great when it comes to betting because people will have an opinion and they will put their money where their mouth is,” NESN betting analyst Sam Panayotovich said.
Panayotovich also faded the Buffs in week two again the Huskers, making him 0-2 on the year in Colorado games.
Deion Sanders and the Colorado Buffaloes are here. And it looks like they’re here to stay.