How to Bet on College Football Online Legally Novemby Staffĭid you know that it’s now possible to place a real money wager on College Football at hundreds of fully licensed online sportsbooks? All you need to do is find a suitable website that’s licensed to offer real money gambling services, and then head straight to their NCAA Division I Football Bowl Subdivision (FBS) betting section, where you should be able to find hundreds of available betting markets for any upcoming NCAA matches.