College football betting: These teams are exceeding expectations

Two weeks of college football are now in the books for most teams. With the nature of the early season schedule, it feels like there's still a bunch we've yet to figure out about this year's national landscape. However, we can take away how teams are performing against expectations.

After two weeks, just 25 of the 129 FBS schools are 2-0 against the spread. Whether it's the market underrating these teams, overrating their opponents or a combination of both, these teams have put money in your pocket this year. Maybe you want to ride the wave until they let you down, or maybe you can use this information to spot inefficiencies in the market.

Here are some teams that have been covering their spreads with ease.

Rutgers (2-0 record, +40 points vs. spread)

Rutgers was the joke of college football not too long ago, but with Greg Schiano back in Piscataway, New Jersey, those days are gone.

In the season opener, Rutgers scored 61 points against Temple en route to winning the game by 47 points. In Week 2, Rutgers was barely favored on the road in Syracuse. However, they held the Orange to just seven points en route to a two-score victory.

Up next: Delaware at Rutgers (Not yet posted)

Iowa (2-0 record, +38.5 points vs. spread)

Iowa was a small favorite in its opener, but it ended up blowing out Indiana. The Hawkeyes won by 28 as 3.5-point favorites. Their performance in Week 2 was even more impressive. They entered as 4-point underdogs but ended up winning the game by two scores. The game was arguably even more one-sided than the score suggested.

Up next: Kent State at Iowa -22.5

Georgia (2-0 record, +36.5 points vs. spread)

Everyone saw Georgia beat Clemson by a touchdown as a three-point underdog in Week 1. However, Georgia's Week 2 performance was extremely impressive as well. In a classic letdown spot, the Bulldogs, with their backup quarterback, beat a solid UAB program by 49 points as 22.5-point favorites.

Up next: South Carolina at Georgia -30.5

Michigan (2-0 record, +31 points vs. spread)

In Week 1, the Wolverines beat up on Western Michigan. They won by 33 points as 16.5-point favorites. Many weren't willing to buy Michigan after beating up on a lesser opponent, so it made a statement in prime time of Week 2. The Wolverines beat Washington by three touchdowns as 6.5-point favorites.

Up next: Northern Illinois at Michigan -27

Fresno State (2-1 record, +29.5 points vs. spread)

Fresno State has lost a game, but if you bet them in that game, you weren't sweating. The Bulldogs opened the season as 28-point favorites against UConn, and that game was never in doubt as Fresno State rolled to a 45-0 win. In their other game with a spread, Fresno State was a 19.5-point underdog against Oregon. It ended up losing the game by seven points, but Fresno actually had a lead in the fourth quarter.

Up next: Fresno State +11.5 at UCLA

UCLA (2-0 record, +29.5 points vs. spread)

UCLA opened the season with a dominant win against Hawaii in Week 0. The Bruins were 17.5-point favorites and they ended up winning 44-10. In their second game, the Bruins were actually a home underdog against LSU. UCLA ended up winning the game by two scores.

Up next: Fresno State at UCLA -11.5

Penn State (2-0 record, +19.5 points vs. spread)

Penn State went on the road to Madison in its season opener, where the Nittany Lions were 5.5-point underdogs. They ended up beating Wisconsin, 16-10. In Week 2, the Nittany Lions were in a classic sandwich spot; right after a big win and right before a huge ranked game the following week. Despite the bad scheduling spot, Penn State covered as a 23-point favorite against Ball State.

Up next: Auburn at Penn State -6

Other teams undefeated against the spread

Arkansas: Arkansas is a 23-point home favorite against Georgia Southern in Week 3.

Arkansas State: In Week 3, the Red Wolves are 16.5-point road underdogs against Washington.

Boise State: In Week 3, Boise finds itself a 4.5-point home favorite against Oklahoma State.

Coastal Carolina: The fan-favorite Chanticleers are 13.5-point road favorites at Buffalo.

Liberty: Intriguing quarterback prospect Malik Willis and Liberty are a 28-point favorite at home against Old Dominion.

Ole Miss: Lane Kiffin and Co. are 14-point favorites this weekend at home against Tulane.

Pittsburgh: After their big win at Tennessee, the Pitt Panthers are 15-point home favorites against Western Michigan this week.

Purdue: The Boilermakers visit South Bend, where they are 7-point underdogs against the Notre Dame Fighting Irish, who are 0-2 against the spread.

Virginia: The Cavaliers head on the road, where they'll be 9-point underdogs against Sam Howell and North Carolina.

Virginia Tech: The Hokies head to Morgantown, where they are 3-point underdogs against West Virginia.