2025 Big Bets Report: Bettors Lose Combined $1.5 Million Picking Texas

Whether it’s college football or the NFL, seven-figure wagers usually live in late-season land — Super Bowls, national championship games, high-profile playoff matchups and the like.

But when you get No. 1 Texas vs. No. 2 Ohio State in Week 1, that could be enough to pry open a high-roller’s wallet. 

Such was the case for Saturday’s showdown in Columbus, Ohio.

And the big bettor got the worst of it.

More on that wager and other notable bets, including from two huge upsets, as we recap the weekend that was in college football betting.

I Like Big Bets And I Cannot Lie

On Saturday morning, not long before FOX’s Big Noon Kickoff, a largely-bankrolled bettor hit one of Caesars Sports’ properties on the Vegas Strip. The customer put $1 million on Texas moneyline -105, shoving in all those chips on a Longhorns outright victory. 

Unfortunately, much-heralded Heisman hopeful Arch Manning — no longer the favorite, BTW — led Texas to just one touchdown. Ohio State won a defensive battle 14-7.

So Caesars got its football season off to a roaring start with a seven-figure win off just that one bet. 

Likewise, Circa Sports pocketed a huge win off a big Texas bettor who on Thursday afternoon plunked $550,000 on the Longhorns +1.

Other notable plays in college football Week 1 odds, all at DraftKings Sportsbook:

Underdog Dollars

There were two massive upsets in college football Week 1 odds. The more noteworthy: Florida State’s shocking 31-17 victory over No. 8 Alabama.

The Seminoles were 14-point home underdogs on the spread and correspondingly in the +440 range on the moneyline. Alabama was seemingly a lead-pipe cinch to at least win Saturday’s game, if not cover the spread.

And most bettors were on the Crimson Tide. But at least one