Betting on college football underdogs can be feast or famine. Some underdogs produce fantastic results while others burn money to no end. By sticking to these 4 ways to back college football underdogs, we can ensure we don’t lose our entire bankrolls while also giving ourselves a big chance to make money going against favorites.

4 Ways to Make Money Betting on 2022 College Football Underdogs

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READ MORE: 2022 College Football Win Totals to Bet On and Avoid

1. Look for home SU dogs with a chance

This college football season, we should see at least one college football underdog with a chance to not only cover at home but also upset road favorites on the moneyline. But to make winning bets, we can’t just blindly back home dogs straight up. We must know when a home dog has a chance or doesn’t.

Texas hosts Alabama in the second week. No doubt, Longhorn fans believe their team can beat Nick Saban’s squad. But is that really the case? Can this season’s Texas team beat mighty Alabama? Probably not.

On Sep. 17, Auburn hosts Penn State. The Nittany Lions should step onto the field a slight favorite because Auburn is going through some changes. For sure Bryan Harsin is in his final season at Auburn.

Auburn’s total is a weak 6.5 games. If the Nittany Lions are the chalk, backing War Eagle at decent odds to win will make sense.

2. Bet road dogs with a shot on the moneyline

In NCAAF Week 2, Pittsburgh hosts Tennessee. Josh Heupel at Tennessee won 4 more games than his predecessor in his first season as head coach. No doubt, the Vols will be better in Heupel’s second season. The Panthers, if they beat West Virginia in their first game, will go off the chalk. But the Vols should have a real shot to upset Pittsburgh at home.

Baylor at BYU in the second week is another possible road dog moneyline play. Most believe BYU will be better than the Bears this season. But the defending Big 12 champs have a good quarterback in Blake Shapen.

3. Circle talented quarterbacks on underrated teams and then find overlay odds on those teams

Shapen is a quality quarterback on an underrated squad. So look for opportunities for Baylor this season, either ATS or SU versus the Bears’ more high-profile opponents.

Another good quarterback on an underrated team is Kentucky QB Will Levis. The quarterback played at Penn State the last couple of seasons. He completed 66% of his passes in 2021. So he should boost Kentucky’s offense big time this season.

4. Favored, more high profile squads tend to bounce versus underdogs a week after a big win

This strategy doesn’t always lead to moneyline wins. But it is a good strategy to find plays against the spread. Watch what happens in huge profile games. As an example, let’s say Texas A&M upsets Alabama in Tuscaloosa on Oct. 8.

The Aggies travel to South Carolina in their next game on Oct. 22. Backing the Gamecocks against the spread could be an excellent play because A&M will still be flying high after the Bama win.

South Carolina shouldn’t beat the Aggies. But Texas A&M is likely to offer underlay odds and could play well enough to win without covering.

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