Clustering of College Football Spreads

Abstract

This paper examines college football point spreads. We find that the betting spread is a good predictor of outcome for college football games during the regular season, but not for bowl games. Our sample of betting line spreads cluster around 3 points (field goal) and 7 points (touchdown/extra point). Also, the accuracy of the betting line spread improves when the spread clusters on a field goal or touchdown.