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The amount of points a team is favored by is set by oddsmakers on Sunday afternoons and that figure fluctuates throughout the week based on the amount of money coming in on bets.
That number also increases or decreases based on bets coming in on the Over or Under. The skill in this often requires you to forecast how a game will be wagered since we often see opening lines bet up over the course of the week due to the majority of the money coming in on the favorite.
Of course, getting in too early can often backfire if a better number appears over the course of the week or if injuries that are typically not announced until coaches give status reports on Monday press conferences dramatically alter expectations.
Take the college football Big 12 matchup between Texas-West Virginia as a prime example. The Longhorns opened as an Get in at the best number!
Opening Lines in college football are typically set on Sunday afternoons in the current week and you usually see immediate action cause line movement.
The Spread is based on a rough projection of a score for every matchup, although oddsmakers have a good idea of what side the betting public will want to bet and usually saddles that team with an additional point or three.
The same goes for the Total, which projects the combined number of points expected in a contest. These numbers are based on simulations that take a number of statistical factors into account in addition to baking in injuries, a homefield advantage that is typically worth three points and any other potential edges.
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