Stanford is also in a bubble burst and the theory does hold up even when bursting team returns home. The Cardinal is a dichotomous spread and straight up team. This means if a team is consistently winning outright but failing to cover or losing outright and covering, we ride the spread streak. This has proven to be a way to isolate over and undervalued teams. At 5-1 straight up, but 4-2 against the spread, they are clearly a public team that one gets some compensation when betting against.

The same Utah team that Stanford lost to, UCLA beat by seven on the road. Upset?