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The Deion Sanders hype machine is unmatched across college football. And the charismatic coach generates headlines on a nearly daily basis. It’s not just national media members who Sander enthralls. Also, sports bettors are buying into the excessive hype ahead of his first season as Colorado’s head football coach. Despite some of the longest odds to win the Pac-12 Championship at mobile sportsbooks, bettors are putting their hard-earned cash on the Buffaloes to win the Power Five conference. The Buffaloes are +10000 to win at BetMGM — the longest odds of any team in the conference to win the league title — yet a spokesperson for the sportsbook revealed that 67% of tickets in the Pac-12 championship market had been placed on Colorado, with 74% of handle across the market on Sanders’ team. This action begs an obvious question for anyone who follows college football closely: What are those bettors thinking?
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In 2023, the Buffaloes aren’t expected to make a bowl game after going 1-11 last season. Yet people are betting on them to make a bowl game and win the Pac-12. The conference is expected to be competitive, with several teams likely inside the preseason top 15. Colorado’s win total at BetMGM is just 3.5 games.
Some bettors even place wagers on Colorado to win the national championship. Nearly 9% of bets placed at BetMGM on college football national championship futures are on Colorado, the fifth-most popular wager within that market. Colorado’s odds opened at +30000 and have since shrunk to +25000.
Colorado was terrible in 2022, so Sanders overhauled the entire roster once he took the job. Sanders’ son, Shedeur, is the projected starting quarterback. He’s never thrown a pass against FBS competition, and now he’ll take the reins as the starter for a Power Five team.
Questions also linger about the team’s depth, including along the offensive and defensive lines. While Colorado added some quality players in the transfer portal, the Buffaloes also lost guys who looked like potential contributors. Tight end Seydou Traore figured to be a key player offensively, but he left the program during the spring.
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