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The Bookmakers Have Blinked

Written by on October 23, 2026

GEORGIA MONEYBALL — Friday, October 23, 2026

Georgia opened as a 12.5-point favorite over Florida, and the number has been sliding toward 10 ever since, which is what a betting man does when he stops being so sure.

ALBANY, GA — · By the RFA Sports Desk

My late uncle used to say you could learn more about a man from how he bets than from how he talks. The fellows in the desert have been betting on Georgia and Florida all week, and their minds have changed. VegasInsider reported this week that Georgia opened as a 12.5-point favorite with a total of 53.5. The consensus has since moved to Georgia by 10.5, with the total up to 56.5. FanDuel has the Dawgs at 9.5. In the gambling trade, that is a polite cough in a quiet room.

It isn't hard to see what spooked them. Florida went to Austin and beat seventh-ranked Texas, 27-24, behind a freshman quarterback making his first start. That was the Gators' first road win over a top-10 team since 2012. The same weekend Tennessee beat Alabama 26-10 in Knoxville, the Tide's first back-to-back losses since 2013. Five of the AP top seven lost on a single Saturday for the first time ever. When the whole neighborhood's porch lights go out at once, you check your own fuse box.

The market has walked over to where the model was already standing, and that doesn't happen often, so I'll enjoy it while it lasts.

Kirby Smart has noticed the weather. Asked Tuesday why so many top teams went down, he told reporters that everybody has good players now, and that talent spreads out because starters get paid. "I think you're going to see more of that and it's actually going to be who deals with it best," Smart said. That is a coach's way of saying the old pecking order has gone the way of the rotary phone. It is also a fair description of a 12.5-point line that wouldn't hold still.

The machines saw it coming before the money did. The Georgia Moneyball model has it Georgia 30, Florida 21, with the Dawgs winning 70 percent of simulations and a median margin of 10. At the old number Georgia covered in only 41.7 percent of the model's runs. ESPN's FPI is warmer on Georgia, at 82.7 percent. So the market has walked over to where the model was already standing. That doesn't happen often, so I'll enjoy it while it lasts.

None of this means Florida is the better team. Georgia's athletic department noted this week that the Bulldogs lead the SEC in scoring at 43.0 points a game. The rising total says the bettors believe it, and they expect Florida to score too. What a shorter line means is that the margin for foolishness has shrunk. Three turnovers will lose you a game to anybody now. The first SEC availability report comes out Wednesday, and Georgia's secondary will be read about the way farmers read the almanac.

One more thing. The game is in Atlanta, at Mercedes-Benz Stadium, the first Georgia-Florida game outside Jacksonville since 1995. The model gives neither side a home edge, but Athens is about 70 miles up the road and the crowd will probably lean red. If you want the number to move again, that might do it. A week from Saturday we will find out whether the bookmakers blinked at the right time.

The Notebook

  • THE COUNTDOWN: Eight days to Georgia and Florida: Saturday, October 31, 3:30 p.m. Eastern on ABC, under the roof in Atlanta.
  • STILL ARGUING ABOUT: No. 8 BYU beat No. 2 Notre Dame 28-24 on a go-ahead touchdown with 1:47 left, ending the Irish's 16-game winning streak. Ohio State held off Indiana 19-15 after a late Indiana touchdown was waved off, but it lost quarterback Julian Sayin for several weeks with a right-arm injury.
  • SATURDAY'S LOCK: The desk likes the Coral Gables Hurricanes, 19.5-point favorites over the Steel City Panthers at noon Eastern, more than anything else on the weekend card.

Written in the tradition of Lewis Grizzard, Atlanta Journal-Constitution, 1946–1994.

Hear the desk read tonights report on Radio Free Albany, WPFQ 96.7.

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