What I am about to say cannot be emphasized enough:
In 2005, the yr that Bob went had the dream season, ALL OF US WHO WAGER ON COLLEGE FOOTS SERIOUSLY had a GREAT SEASON. I made a ton of money. Even NFL was good to most people because the favorites hit 58% across the board. If you would have bet favs blindly every NFL game in 2005, you woulda made a ton of cash.
In 2006, as I felt would happen, books and their oddsmakers declared war on the bettors in college football and the NFL. Opening lines were tighter than ever.
Now in 2007, with UIGEA, there are fewer recreational players than ever betting offshore, so it is mostly full of sharps. The lines are much sharper than even in 2006.
Incidentally, I am having my worst start in 12 yrs but I am still on the winning side, just like I am at the end of every single season.
If you study the strengths and weaknesses of all 119 D-1A teams, and you know your stuff about the head coaches and quarterbacks of every single team in every single conference, you simply have a very low chance of having a losing season.
Of course, those of us in the world who spend 30+ hrs per week 'capping College Foots are few and far between.