I think that's a fair question of anyone who gambles. Ultimately, I guess what you're getting at is "what would people say if they divorced all emotion and bias to only evaluate the Buffs objectively"?39 people have so far guessed 4+ wins. I wonder how many of those 39 would place a four figure+ wager on Buffs OV 3.5 season wins (getting serious plus money).
Line should be O/U 2 people? 3 people?
For me, I'd probably be around 3 or 4 wins if I did it that way. And I couldn't tell you which 3 or 4 since they're the less likely winner in every single game but a less than 50% chance over 12 attempts is extremely unlikely to result in not winning a few.
Also, things can change significantly after the season starts and stuff we can't account for now (momentum, health, chemistry, breakout performers) impact a team's fortunes. My emotions and biases cause me to believe those things will break CU's way much more than they will for other teams on the schedule.
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