Jan 9, 2017; Tampa, FL, USA;  General view of the logo on the 50 yard line prior to the 2017 College Football Playoff National Championship Game between the Alabama Crimson Tide and the Clemson Tigers at Raymond James Stadium. Mandatory Credit: Kirby Lee-USA TODAY Sports

News Articles

Conference postponements create havoc for sportsbooks

With the COVID-19 pandemic having a major impact on yet another sport, casinos and sportsbooks are once again scrambling to figure out how to adjust.

And in the wake of the Pac-12 and Big Ten announcing Tuesday that they have suspended all fall sports with no set return date, ESPN reported Wednesday that sportsbooks have stopped taking bets on college football, and are in the process of sorting out which futures bets are still valid and which are in line for a refund.

According to the report, Caesars Sportsbook, for instance, considers bets on teams from the Big Ten or Pac-12 to win the national championship still live since house rules dictate wagers are good as long as a national champion is declared in 2021.

Futures bets on a Heisman Trophy winner are also valid at Caesars, as long as the award is presented before March 31.

But BetMGM’s Jeff Stoneback told ESPN that if a champion is declared, their policy is that any bets on teams that did not play will be refunded.

“We would refund the teams that don’t play,” Stoneback said. “If you’ve got teams that are in there now and they play the season and a champion is declared, we’d pay off on that. If you’ve got LSU and they’re declared the winner, you’d get paid. If you have USC, we’ll give you a refund.”

Another potential headache for future bettors could arise if all Power 5 conferences suspend their seasons but one or more Group of Five conferences do play a season and the NCAA declares a national champion out of that group.

“If Drake plays Northern Iowa in what the NCAA says is the national championship game, then everyone’s on the hook,” Jeff Davis of Caesars told ESPN.

But some books specify that a team must win the “College Football Playoff Championship Game” in order for a futures bet on that team to pay out.

Other books, such as FanDuel, are simply freezing all bets, as well as potential refunds, as it waits to see how the fall season plays out. It is using what is known as an “act of God” stipulation in the house rules as it decides how to proceed.

“That’s a mess,” Stoneback told ESPN.

–Field Level Media

Field Level Media
Sport Writer & Editor
FLM has a North American focus while tying into regional and hyper-local resources – providing the ability to distribute compelling content through the writing of professional journalists. As the U.S. sports content provider to dozens of digital and print media publishers through strategic partnerships with the likes of Reuters and Nielsen Sports, FLM covers the nuts and bolts with a breaking news desk and game event coverage.

Upcoming Games

Aug 28th, 1:00 PM

Nebraska -9.5 -110

Illinois +9.5 -110

@

Aug 28th, 3:30 PM

Hawaii

UCLA

@

Aug 28th, 3:33 PM

UCONN

Fresno State

@

Aug 28th, 3:33 PM

UTEP

New Mexico State

@

Aug 28th, 10:00 PM

Southern Utah

San Jose State (24)

@

Sep 1st, 7:30 PM

UAB

Jacksonville State

@

Sep 2nd, 3:33 PM

Weber State

Utah

@

Sep 2nd, 3:33 PM

Houston Baptist

New Mexico

@

Sep 2nd, 3:33 PM

Eastern Washington

UNLV

@

Sep 2nd, 6:30 PM

Temple

Rutgers

@

Sep 2nd, 7:00 PM

LIU

Florida International (FIU)

@

Sep 2nd, 7:00 PM

Western Illinois

Ball State (23)

@

Sep 2nd, 7:00 PM

The Citadel

Coastal Carolina (14)

@

Sep 2nd, 7:00 PM

Wagner

Buffalo (25)

@

Sep 2nd, 7:00 PM

Boise State

UCF

@

Sep 2nd, 7:30 PM

USF

NC State

@

Sep 2nd, 7:30 PM

UC Davis

Tulsa

@

Sep 2nd, 7:30 PM

East Carolina

Appalachian State

@

Sep 2nd, 8:00 PM

Ohio State (2)

Minnesota

@

Sep 2nd, 8:00 PM

Bowling Green

Tennessee

@

Sep 2nd, 8:00 PM

Tennessee-Martin

WKU

@

Sep 2nd, 10:30 PM

Southern Utah

Arizona State

@

Sep 3rd, 6:00 PM

North Carolina (18) -6 -110

Virginia Tech +6 -110

@

Sep 3rd, 7:00 PM

St. Francis-PA

Eastern Michigan

@

Sep 3rd, 7:00 PM

Old Dominion

Wake Forest

@

Sep 3rd, 7:00 PM

Duke

Charlotte

@

Sep 3rd, 8:00 PM

South Dakota

Kansas

@

Sep 3rd, 9:00 PM

Northern Colorado

Colorado

@

Sep 3rd, 9:00 PM

Michigan State +7.5 -110

Northwestern (10) -7.5 -110

@

Sep 3rd, 9:00 PM

South Dakota State

Colorado State

@

Sep 4th, 12:00 PM

Colgate

Boston College

@

Sep 4th, 12:00 PM

Louisiana-Monroe

Kentucky

@

Sep 4th, 12:00 PM

Army

Georgia State

@

Sep 4th, 12:00 PM

Stanford

Kansas State

@

Sep 4th, 12:00 PM

Holy Cross

UCONN

@

Sep 4th, 12:00 PM

Oklahoma (6)

Tulane

@

Sep 4th, 12:00 PM

Western Michigan +17 -110

Michigan -17 -110

@

Sep 4th, 12:00 PM

Penn State +4.5 -110

Wisconsin -4.5 -110

@

Sep 4th, 12:00 PM

Fordham

Nebraska

@

Sep 4th, 2:00 PM

Fresno State

Oregon

@

Sep 4th, 2:00 PM

Rice

Arkansas

@

Sep 4th, 3:30 PM

Northern Iowa

Iowa State (9)

@

Sep 4th, 3:30 PM

Alabama (1) -19 -110

Miami-FL (22) +19 -110

@

Sep 4th, 3:30 PM

Miami-OH

Cincinnati (8)

@

Sep 4th, 3:30 PM

Marshall

Navy

@

Sep 4th, 3:30 PM

Indiana (12) +6.5 -110

Iowa (16) -6.5 -110

@

Sep 4th, 3:30 PM

West Virginia

Maryland

@

Sep 4th, 3:33 PM

Portland State

Hawaii

@

Sep 4th, 3:33 PM

Lafayette

Air Force

@

Sep 4th, 3:33 PM

Montana State

Wyoming

@

Sep 4th, 4:00 PM

Central Michigan

Missouri

@

Sep 4th, 4:00 PM

LA Tech

Mississippi State

@

Sep 4th, 4:00 PM

Massachusetts

Pittsburgh

@

Sep 4th, 4:30 PM

Louisiana-Lafayette (15)

Texas (19)

@

Sep 4th, 5:00 PM

San Jose State (24)

USC (21)

@

Sep 4th, 6:00 PM

Campbell

Liberty (17)

@

Sep 4th, 6:00 PM

Gardner-Webb

Georgia Southern

@

Sep 4th, 7:00 PM

Eastern Illinois

South Carolina

@

Sep 4th, 7:00 PM

Akron

Auburn

@

Sep 4th, 7:00 PM

Southern University

Troy

@

Sep 4th, 7:00 PM

Missouri State

Oklahoma State (20)

@

Sep 4th, 7:00 PM

Monmouth-New Jersey

Middle Tennessee

@

Sep 4th, 7:00 PM

Baylor

Texas State

@

Sep 4th, 7:00 PM

Syracuse

Ohio

@

Sep 4th, 7:00 PM

Central Arkansas

Arkansas State

@

Sep 4th, 7:00 PM

Norfolk State

Toledo

@

Sep 4th, 7:00 PM

Texas Tech

Houston

@

Sep 4th, 7:00 PM

Nicholls State

Memphis

@

Sep 4th, 7:00 PM

Abilene Christian

SMU

@

Sep 4th, 7:00 PM

Oregon State +6 -110

Purdue -6 -110

@

Sep 4th, 7:30 PM

Georgia (7) +3.5 -110

Clemson (3) -3.5 -110

@

Sep 4th, 7:30 PM

Florida Atlantic

Florida (13)

@

Sep 4th, 7:30 PM

NIU

Georgia Tech

@

Sep 4th, 7:30 PM

Northwestern State

North Texas

@

Sep 4th, 7:30 PM

William & Mary

Virginia

@

Sep 4th, 7:30 PM

UTSA +7.5 -110

Illinois -7.5 -110

@

Sep 4th, 8:00 PM

Montana

Washington

@

Sep 4th, 8:00 PM

East Tennessee State

Vanderbilt

@

Sep 4th, 8:00 PM

Kent State

Texas A&M (4)

@

Sep 4th, 8:00 PM

Southern Miss

South Alabama

@

Sep 4th, 8:00 PM

Duquesne

TCU

@

Sep 4th, 8:30 PM

LSU -3.5 -115

UCLA +3.5 -115

@

Sep 4th, 9:00 PM

Bethune-Cookman

UTEP

@

Sep 4th, 10:30 PM

Nevada

California

@

Sep 4th, 10:30 PM

BYU (11)

Arizona

@

Sep 4th, 10:30 PM

New Mexico State

San Diego State

@

Sep 4th, 11:00 PM

Utah State

Washington State

@