In the NFL I generally subscribe to the theory of betting on a Home Underdog after the team achieved an upset win on the road.
Dr. Bob turned me on to this after pointing out that:
NFL home underdogs have been pretty good bets over the years after an upset win (173-128-9 ATS since 1980) since such teams tend to play with more confidence in that situation.
I would think the confidence/emotional factor might be more pronounced in the College game. I picked Air Force over TCU (they won outright) after they upset Utah on the road earlier in the season, but I haven't been researching this closely enough overall to see if there is a trend.
Let's see what happens in particular with Navy and Temple this weekend.
Here's what I found according to this theory for the 2007-08 NCAA season (ATS):
Week 1:
N/A
Week 2:
None qualify
Week 3:
W: AFORCE
Week 4:
W: VIRG
Week 5:
None qualify
Week 6:
W: ECAR
W: MD
W: UTEP
Week 7:
W: MIAMI-OH
W: ND
W: STAN
Week 8:
???????
Of course, now that I found no team has lost under this scenario (8-0 ATS), the theory will collapse like a house of cards.
Conversely - although I casually observed it while looking for the teams above, the teams that qualified in terms of getting an upset on the road the previous week, but were favorites at home the following week tended to lose against the spread as far as I could tell.