Heading Into Week 12, Undefeated Indiana is BetMGM’s Biggest Liability to Win the CFP

Indiana’s unbeaten start has created massive liability for BetMGM, with Hoosiers drawing high betting interest as CFP contenders despite long odds.
Imagn
Photo credit Imagn

Indiana Football has turned heads this season in ways very few thought possible. The Hoosiers are 10-0 for the first time ever, with each win becoming more and more impressive under new head coach Curt Cignetti. Not only is this undefeated record a historic achievement for the program, but it’s a bit shocking considering preseason rankings picked the Hoosiers to finish 17th in the expanded 18-team Big Ten.

When Cignetti took over, Indiana was barely a blip on the Big Ten or national radar, with preseason odds set at +15000 to win the National Championship. Fast forward to now, and Indiana has smashed all preseason predictions. A clean 7-0 mark in Big Ten play not only shatters the program's previous conference records but also solidifies its best-ever start to Big Ten play.

While Indiana’s early season non-conference schedule was relatively light, they’ve maintained consistency against Big Ten competition, showcasing a balanced offensive attack and a defense that’s allowing just under 20 points per game. This week, they have a bye before a potential season-defining matchup against Ohio State. That game against the Buckeyes will be their toughest test yet, marking Indiana’s first matchup against a top-10 team. The look-ahead line has Ohio State as an 11.5-point favorite, making the Hoosiers significant underdogs despite their perfect record.

BetMGM has Indiana at -500 odds to make the expanded 12-team College Football Playoff, but confidence in their chances of winning the Big Ten or the national title remains low. Indiana sits at +1100 to take the Big Ten and +3000 for the CFP.

Surprisingly, though, Indiana has drawn a significant betting interest, becoming BetMGM’s biggest liability in the championship race with 6.5% of the handle, which is well ahead of the second-closest team, Alabama at 5.8%.

With the stakes higher than ever, Indiana has a chance to keep making history, but their path could narrow if they can’t compete with Ohio State’s high-powered offense. That game will be a true litmus test to see if the Hoosiers are playoff-ready or if their soft schedule is the main driver behind their Cinderella season.

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Featured Image Photo Credit: Imagn