The 2021 college football season is set to begin on Saturday, August 28, and this is a day that is typically celebrated in the sports betting industry. While betting on the NFL will also be the most popular option, college football is a close second.
The 2020 college football season was interrupted by COVID-19, but there is hope that this season should be closer to normal. There are still going to be some teams that will have to deal with COVID-19 issues, but the stadiums are set to be packed with fans yet again.
Futures betting markets have been open for a long time, but now the other top betting options come into play as well. Some of the most common bets that will be placed this weekend are moneyline, totals, and spreads.
Most sports bettors would agree that football is also one of the easiest sports to bet on, and that that includes college football. The 2021 NFL season isn’t set to begin until September 9, which means that college football will take center stage for a period of time.
In anticipation of the college football season, sportsbooks all throughout the US will be offering promos and odds boosts to get fans even more excited. Each sportsbook will offer different promotions, but this is going to be one of the most exciting times of the year.
The entire US sports betting industry saw a major drop in handle for the month of July as baseball was the only professional sport being offered. The numbers will get a solid boost this weekend, but September could set new industry records.
The first few weeks of the college football season will only be offered in states that have their industries up and running. At least four new states are set to launch sports betting sites in September, and those new sites will be ready to offer betting on college football as well.
Canada Also Launches Sportsbooks
Not only will the start of the college football season provide a boost to the US sports betting industry, but it will affect Canada as well. Friday was the first time that single-game event wagering has been legal in Canada as that country is looking to duplicate the success of the US.
Legalizing sports betting in Canada has been a battle for nearly a decade, and it started to feel as if the country would never jump on board. Pressure from teams and leagues in the United States helped sway the decision, but there are still plenty of questions that need to be answered.
Similar to the United States, Canada does not have a law that allows for betting nationwide. Each province has the ability to set up a sports betting market and launch it, and four provinces did just that this week.
Soccer and the Canadian Football League are going to be two of the top betting markets in Canada, but college football will help get things off on the right foot.