The Price is Right: Week 1

Ryan Moreland · September 9, 2024

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By: Daniel Gunn (@DanielGunn)

Week 1 of Season 21 is in the books, meaning the first bit of betting data is in. With only one week of data, this recap will be a broader overview of the betting landscape (the more data I get, the more detailed info I can review). In future week’s recaps, I will have rankings for each section covered in this series.

Who Covered

Week One was fairly balanced between the favorites and the underdogs covering the spread, with the underdogs taking a slight advantage. The favorites covered 45% of the time, while the underdogs covered 55%.

Outright Winners

It should be no surprise to anyone that the favorites won 72% of their games outright. However, we had three schools (UNC, Oklahoma, and Tennessee) come away with victories as underdogs.

Pick’em

We had our first “Pick’em” game of the season, in which Texas A&M won by 12 points.

Defense Wins Championships (and Bets)

The best way to win money in Week 1 was to hammer the under. 10 out of the 12 games hit the under. If you were to bet $1,000 on every under this week, you would have won $8,974.30. Season 21 average points scored league-wide was 64.83333 which is down 15.5% from Season 20 Week 1.

Top Teams Against the Spread

This will be a weekly ranking of how teams perform against the spread. The positive numbers are how much a team beat the spread and the negative numbers are how badly they have lost against the spread.  This will be a cumulative ranking each week. 

RankTeamAgainst the Spread
1Kentucky+39.5
2North Carolina+35.5
3Tennessee+28.5
4USC+21.5
5Oklahoma+17.5
6Texas A&M+12
7Ohio State+9.5
8Alabama+8.5
9Michigan+4.5
10LSU+2.5
11Florida+1.5
12Georgia+0.5
13Virginia Tech-0.5
14Penn State-1.5
15Florida State-2.5
16Auburn-4.5
17Miami-8.5
18Colorado-9.5
19Michigan State-12
20Oregon-17.5
21West Virginia-21.5
22Notre Dame-28.5
23Texas-35.5
24Clemson39.5

Sportsbook Leaders

It is very early in the season and you still have plenty of time to crack the leaderboard for the biggest Sportsbook earners. Here are the leaders so far.

RankNameTotal Winnings
1ktolbert7759,102.83
2dthall79$57,747.70
3Iamjustshau$49,917.90
4State$45,350.90
5WakeandBlake$38,196.78
6Jordanhaack$36,305.20
7JustinC$34,902.28
8DannyHanson$32,181.82
9ColbyW$29,140.87
10Nismo24$29,000

Bookies vs Bettors

They saw the house always wins. The Sportsbook is up $577,917.60 this year.

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