Several of you have specified that it would depend on your program strength.
What I don't understand is that if there are offenses that minimize talent disparities, then an elite program running that type of offense would be unstoppable.
In previous conversations, recruiting has been cited as an issue. But if Alabama suddenly started running the option, I don't see their recruiting suffering at all. Their elite WR recruits would become wingbacks. Now, there may be a fear that they'd no longer be an NFL factory for some positions.....but I'm not sure that would actually occur.
If a certain method is a great equalizer, then elite programs should implement it.
And I've argued many times WHY this doesn't make sense. If a strategy introduces higher variance, it can be a negative in a sport where one loss a season makes your road to the CFP difficult, and two losses in a season are almost assured to exclude you.
For a school like Purdue, a high-variance offense that has "higher highs" but also "lower lows" might lead to a situation where it nets you 2-3 additional wins per year over a low-variance offense, but also then loses you a game you should win because it's just not clicking.
For a team like Alabama or OSU which is legitimately expected to be better talent-wise than
at least 11 of their regular-season opponents, they don't have a 2-3 game upside from a high-variance offense, but they definitely still have the downside.
When you have the talent you want an offense that minimizes turnovers and three-and-outs / stalled drives. You want to stay ahead of down-and-distance, trust your talent, and wear down the opponent over 4 quarters. IMHO that is incompatible with pass-heavy spread attacks.
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One caveat... It's my bias / prior belief that variance is higher in these offenses. I don't have empirical evidence of this. So my argument is based on a premise that I think makes logical sense, but could be completely wrong.