The betting public has been increasingly risky ahead of the first season with a 12-team College Football Playoff and for months has been firing on long shots to not only make the expanded field but also, in some cases, win the national championship.
On July 24, a bettor in North Carolina with Caesars Sportsbook placed a $200 wager on Army to win the national championship at 5,000-1 odds, a bet that would net $1 million.
DraftKings reported taking a $100 wager on Kent State to win the national title at 10,000-1, another bet that would net $1 million, but may be better served as a gag gift.