What type of betting was used in the 2008 Orange Bowl that led to upsets with bettors?
2008 Orange Bowl:  Spread bettors favored Virginia Tech by three points, but in a game dominated by defensive and special teams play, Kansas defeated Virginia Tech 24–21. Spread betting: Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds (or money-line) betting or parimutuel betting.
Spread betting