Indiana Hoosiers Football Betting Guide
Indiana University at Bloomington is perhaps most recognized for its basketball program, but the Indiana Hoosiers football team is stealing a lot of headlines these days.
In fact, since sports betting is now legal in Indiana, the Indiana Hoosiers football team have become one of the state’s best bets. Read on for how you can bet on the Hoosiers right in Indiana, including where to bet online, how to create a new account and more.
Top online sportsbooks to bet on the Indiana Hoosiers
What’s the spread on next Hoosiers game?
Here’s a look at the latest Indiana Hoosiers game odds from the top Indiana online sportsbooks. Note: See the full NCAAF odds feed here. Click on any odds below to jump directly to the online sportsbook, claim your bonus and make your bet.
Indiana Odds to Win Big 10, National Title
NCAA football futures markets are available at all Indiana online sportsbooks. Here’s a look at the latest odds on the Indiana Hoosiers to win the Big 10 or National Championship in the NCAA football futures markets at the top Indiana online sportsbooks.
How to Bet on Hoosiers Games in Indiana
There are three things you need to do before you can bet on the Hoosiers with an online and mobile sportsbook in Indiana:
- Sign up for an account
- Make a deposit
- Fill out a Bet Slip
1. Sign up for an account
Go to any Indiana online sportsbook via the links on this page and complete the signup process. You can complete the signup process right there on the website or download the sportsbook app first and do it there.
You’ll need some personal information to do it, but it won’t include much more than your email, date of birth, and the last four digits of your Social Security number.
This is also where you’ll be asked for a promo code or bonus code. You’ll find that here on this website and entering it during the signup process will make sure you get the best new player bonus available on the market.
Finally, submit all the required information and accept the terms and conditions to complete the signup process.
2. Make a deposit
Login through the Indiana online sportsbook or app and find the cashier. Choose any available method of deposit that is convenient for you.
Most Indiana online sportsbooks allow you to deposit using cash at affiliated casinos and various retail locations, debit and credit cards, online banking services, or payment processors.
Enter a deposit amount and your specific deposit method details. The money should be available almost instantly for most methods.
3. Fill out a Bet Slip
Login to the sportsbook and browse through any Hoosiers betting markets. Click on any bet you like and a bet slip will be instantly created with that bet.
Add more bets, turn multiple bets into a parlay, or leave them as single bets on the bet slip. Enter an amount for each single bet or parlay and all potential payouts will be displayed.
Click to confirm and place all bets on the bet slip.
How to read Indiana Hoosiers betting odds
As soon as you are ready to bet on the Hoosiers, there are three most common options that you will have the ability to choose from, including:
- Point spread
Betting the Point Spread
The sportsbooks will list a point spread for each college football game that they make available to bet on. When you wager on these matchups, you will see something that looks like this:
- Indiana +9.5
- Ohio State -9.5
According to this example, you can bet on either team to “cover” the point spread. The “+” sign in front of Indiana’s point spread number indicates that they are the sports betting underdog.
Therefore, if the Hoosiers win outright or lose by nine points or less, then they will be considered the point spread winner. Meanwhile, the “-“ sign indicates the sports betting favorite.
In the above scenario, Ohio State is listed as a substantial favorite at -9.5. Therefore, the Buckeyes will need to win by 10 points or more to cover the point spread in this situation.
Betting the Moneyline
Moneyline wagers focus solely on predicting outright winners. The betting line for a moneyline might look something like this:
- Indiana +450
- Ohio State -500
As is the case with the point spread, the symbols indicate the sports betting favorites and underdogs.
In this situation, Indiana is listed as a substantial underdog to win outright at +450 odds. This means that if you bet $100 on the Hoosiers and they win outright, you will take home $450 for the victory.
On the other hand, Ohio State is a significant betting favorite. To win $100 betting on the Buckeyes, you will need to risk $500 as indicated by the fact that they are listed at -500 odds.
Betting the Total
If you are looking for another alternative way to bet on college football, then you might want to consider betting on the total. All you need to worry about with this wager is how many points the teams will combine to score. In college football, the total might look something like this:
- Indiana Hoosiers @ Ohio State Buckeyes
- Total: 54.5
With the total for this game set at 54.5, you need to predict whether Indiana and Ohio State will combine to score more or less than 54 points.
If they score 55 points or more, then it will be considered an “OVER” result. If the teams combine to score 54 points or less, then the result will be regarded as an “UNDER.”
Hoosiers Live & Prop Betting
Indiana has no restrictions on college prop and live betting like some other states do. That means you are free to bet on Indiana Hoosiers football and any other NCAA action you want to in several different ways.
This includes a huge variety of proposition wagers, also known as props. These are bets on games within the game, or bets that are otherwise auxiliary to the outcome of a game. Props very often include bets on teams and players reaching specific statistical milestones.
It also includes live betting, which is in-game wagering at odds that are adjusted alongside the action on the field. It all happens rather quickly, making live betting perfectly suited for mobile sports betting, where you can watch the odds change live and get bets down fast, before they change again.
Live betting includes quarter-by-quarter and half-by-half betting. However, it also opens up additional player and team live prop markets. Live betting is growing in popularity as it makes your iPhone betting app a great game-watching companion.
Vegas Odds vs. Online Odds
Indiana sportsbooks will post lines for every Indiana Hoosiers football game. So will Las Vegas sportsbooks. But while these lines are highly likely to start out the same, they may end up a bit different by kickoff.
That’s because the lines at local sportsbooks in Indiana will move differently than those in Las Vegas.
Sportsbooks hope an equal amount of money is bet on both sides of any bet and they can earn the difference between what the losing side lays and the winning side gets paid. If more money is being bet on one side, sportsbooks will move that line in an effort to even things out again.
There’s obviously more local interest in the Hoosiers than there is in Las Vegas. That means there’s probably going to be more money bet and the likelihood of a local sportsbook having to move a Hoosier’s line is much greater.
If the line moves at a sportsbook here, that has no effect on that same line in Las Vegas. That’s why the Indiana Hoosiers’ lines in Indiana and Vegas may start out the same, but end up different by kickoff.
Hoosiers Drafted in NFL
Here’s a list of former Indiana Hoosiers currently on active NFL rosters:
- Rodger Saffold, OT, Tennessee Titans (2010 second round)
- Tevin Coleman, RB, New York Jets (2015 third round)
- Jason Spriggs, OT, Chicago Bears (2016 second round)
- Jordan Howard, RB, Philadelphia Eagles (2016 fifth round)
- Nate Sudfeld, QB, San Francisco 49ers (2016 sixth round)
- Dan Feeny, OG, New York Jets (2017 third round)
- Ian Thomas, TE, Carolina Panthers (2018 fourth round)
- Wes Martin, OG, Washington Football Team (2019 fourth round)
- Nick Westbrook, WR, Tennessee Titans (2020 free agent)
Hoosiers Coaching Staff
Here’s a look at the current Indiana Hoosiers coaching staff:
- Head Coach: Tom Allen
- Associate Head Coach/Running Backs: Deland McCullough
- Co-Offensive Coordinator/Wide Receivers: Grant Heard
- Offensive Coordinator/Quarterbacks: Nick Sheridan
- Run Game Coordinator/Offensive Line: Darren Hiller
- Safeties: Jason Jones
- Defensive Line: Kevin Peoples
- Cornerbacks: Brandon Shelby
- Special Teams Coordinator/Outside Linebackers: Kasey Teegardin
- Defensive Coordinator/Linebackers: Charlton Warren
- Tight Ends: Kevin Wright
Where does the Hoosiers football team play?
- Name: Memorial Stadium
- Address: 701 East 17th Street
- Location: Bloomington, Indiana
- Owner: Indiana University Bloomington
- Operator: Indiana University Bloomington
- Capacity: 52,626
- Ground breaking: August 27, 1958
- Opening date: October 8, 1960
- Construction cost: $4,569,000
Hoosiers All-Time Leaders
Here’s a look at some of the Indiana Hoosiers’ career stats leaders:
- Career Passing Yards: Nate Sudfeld 7,879 yards (61 TDs) (2012-2015)
- Career Receiving Yards: James Hardy 2,740 yards (36 TDs) (2005-2007)
- Career Rushing Yards: Anthony Thompson 5,299 yards (67 TDs) (1986-1989)
- Career TDs: Anthony Thompson 65 TDs (1986-1989)
- Career Interceptions: Tim Wilbur 19 (1978-1982)
- Career Sacks: Adewale Ogunleye 34.5 (1996-1999)
3 things to know when betting the Indiana Hoosiers
1. Indiana is a basketball school
The Hoosiers are generally a pretty good team when it comes to NCAA basketball. Unfortunately, the same thing can’t be said when it comes to NCAA football.
Taking a look at their track record, they haven’t had a coach that finished with a winning record since Bo McMillin, who coached from 1934 to 1947. To finish around .500 is decent for this team and to get to a bowl is a success. This team never has National Championship aspirations in football.
2. Don’t recruit many stars
Building off the first point, since Indiana isn’t exactly a factory of winning, they aren’t exactly an NFL football talent factory either. They have a tough time on the recruiting trail as most players who want to stay in the Big Ten go to teams like:
- Ohio State
Entering the 2021 season, there were a total of 11 Indiana Hoosiers playing in the NFL, which is a minimal number. Very few are significant contributors either outside of Tevin Coleman and Jordan Howard.
3. Minimal home-field advantage
Without a limited pedigree of success and minimal tradition, home games at Indiana offer very little home-field advantage. Memorial Stadium can hold 52,656, but it’s not an intimidating venue by any stretch of the imagination.
Teams like Ohio State and Michigan rarely suffer upsets at this venue. The crowd is active, but it’s nothing like the 100,000+ thousand at the Big House in Michigan or many other sites across the country.
Sports Bars on or near Indiana-Bloomington Campus
In Bloomington, but can’t make it to the Hoosier’s game? Try one of these well-known Indiana Hoosiers bars.
Hoosier Bar & Grill
4645 W. Richland Plaza
Nick’s English Hut
423 E. Kirkwood Ave.
110 N. Walnut St (on the square)
Yogi’s Bar and Grille
519 E. 10th St
302 N. Walnut Ave.
Upland Brewing Company
350 W. 11th Street
Indiana Hoosiers FAQ
Indiana Hoosiers tickets can be bought for as little as $8 each. The average ticket price is $53. Tickets can be purchased online through tickets.iuhoosiers.com.
The Hoosiers have won two Big Ten Championship titles in football, but not since 1945 and 1967. The team has never won a National Championship.
Michael Penix Jr. is a Heisman Trophy candidate for the 2021-22 season.
The official Twitter account of the Indiana Hoosiers football program is @IndianaFootball. The account claims to be the official Twitter of Indiana Hoosier Football led by @CoachAllenIU #IUFB #LEO. The account has been active since July 2012 and has more than 83,000 followers.
Indiana University’s fight song is “Indiana, Our Indiana.” As they say in Bloomington: “Who needs a mascot? Not us. We’re just known as the Hoosiers, a nickname for residents of Indiana and everyone who finds a home at IU.”