National Championship Biggest Bets: Washington vs. Michigan CFP Title Game Largest Wagers

National Championship Biggest Bets: Washington vs. Michigan CFP Title Game Largest Wagers article feature image
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Photo by Steph Chambers/Getty Images. Pictured: Washington quarterback Michael Penix Jr.

It's college football national championship time and we've got you covered on the largest wagers and bets for this big game.

The most notable future swimming around legal sportsbooks is a $50,000 ticket on Michigan to win the national championship at +850, which the bettor placed before Week 2, VegasInsider’s Patrick Everson reported.

At the time, Michigan was coming off a blowout win against East Carolina — a bad, non-conference opponent — but with coach Jim Harbaugh serving a three-game suspension imposed by the university.

The $50,000 wager would net the bettor $425,000.

At DraftKings, the most notable single bet on the game is a $29,000 wager on Michigan at odds of -185. The bet would win roughly $15,600.

On the flip side, one bettor placed $11,000 on Washington at +4.5. That bet at a vig of -110 would win $10,000.

Due to online betting limits, even games of this magnitude typically don’t have six-figures on them anymore, unless you’re an established, massive money bettor.

At PointsBet, for instance (a book notorious for its low and trigger happy limits), the biggest wager is $10,000 on Washington at a moneyline price of +165.

That wager would pay out $16,500 if Washington pulls off the upset.

In fact, two of The Action Network’s talent are riding the Huskies at crazy-plus money.

The Action Network's Michael Calabrese has a parlay on Lamar Jackson to win the NFL MVP and Washington to win the national championship at odds of +76400. Jackson closed as long as -20000 to win the NFL MVP — that market is now down.

And Washington is one win away from winning Calabrese over $16,000 on a $21 wager.

The cash out offer is up to $5.1K for @EastBreese after Washington's CFP semifinal win 👀

Are you hedging, cashing out or letting it ride if you have this ticket? 🤔 https://t.co/PGHyJjymYlpic.twitter.com/EUDh7p6SHL

— Action Network (@ActionNetworkHQ) January 2, 2024

Another one of our colleagues, Collin Wilson, has a preseason ticket on Washington at a price of +10000. The $500 wager would net him $50,000 with a Huskies victory.

With a @UW_Football 100/1 ticket in my back pocket, I’m ready to write a 7K word unbiased national title preview pic.twitter.com/vxZGOZaVAL

— Collin Wilson (@_Collin1) January 2, 2024

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