Over/Unders

Bodog has released their college football regular season win totals. The way it breaks down is simple: they set a number of predicted wins for a team to reach, one bets whether said team will win more (over) or less (under) than that magical number, winnings are determined by the odds. If the sign in front of the number is a minus, the number shows you how much you have to risk in order to win $100; if the sign in front of the number is a plus, the number indicates you how much you will win if you bet $100. 

For example, let's take the BCS Title game participants from last season, Auburn and Oregon. They seem to really like the Tigers to win 6 games and the Ducks to win more than nine..

Auburn Tigers
Over 6.5 (+105)
Under 6.5 (-135)

So, the oddsmakers have set Auburn's win total at 6.5. They obviously cannot get half a win, so you're betting they either win 6 or 7, with no opportunity to push (tie). To win $100 on 6 wins, you must risk $135 - so, obviously, the oddsmakers are hedging their bets as they think 6 wins is more likely than 7. Conversely, if you bet $100 on 7, you'd win $105. The extra money in the odds is an attempt to lure betters that way.

For comparison, here's Oregon. The (EVEN) means it's a straight up bet; $100 wins $100.

Oregon Ducks
Over 9.5 (-130)
Under 9.5 (EVEN)

National Title contenders for 2011 include:

Alabama Crimson Tide
Over 10 (-155)
Under 10 (+125)

Oklahoma Sooners
Over 10 (-130)
Under 10 (EVEN)

LSU Tigers
Over 9.5 (+115)
Under 9.5 (-145)

Virginia Tech Hokies
Over 10 (-140)
Under 10(+110)

And, just for shits and giggles, here's your week one Dome match-up. Right now, they've got Georgia at 8 wins, Over (-180)/Under (+150). So, they like the Dawgs to win at least nine. Boise's at 10. The Over is -250! The under is +195. They're pretty damn sure of at least 11 wins for the Broncos.