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HomeSportsFootballNFL News: Super Bowl LIX: Betting Report

NFL News: Super Bowl LIX: Betting Report

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Wagers have been pouring in at sportsbooks since the Kansas City Chiefs and Philadelphia Eagles clinched their spots in Super Bowl LIX, to be played Sunday in New Orleans. If you decide to move past the Super Bowl squares this year and wager in a different fashion, there’s still time to put at least a few dollars on the Big Game.

But what has changed in terms of betting since the Chiefs and Eagles booked their tickets? A lot actually. And it continues to change.

Super Bowl LIX: The Odds

The opening betting line for Super Bowl:
Point spread: Chiefs -1.5; Eagles +1.5
Moneyline: Chiefs -120; Eagles +100
TOTAL: O/U 49.5

The line briefly moved to +/-2 after the opening odds were posted, but the line settled back down at +/-1.5 by the next morning, where it remained for the next week. But on Monday of this week, after sharp bettors got behind the Eagles, the spread dipped down to +/-1 at a couple of sportsbooks.

Sharps also got behind the under, causing it to dip down to 48.5 at some sportsbooks.

As of Wednesday morning, the moneyline stood at Chiefs -115, Eagles +110.

John Murray, executive director at the Westgate SuperBook in Las Vegas, told ESPN the Eagles could end up being the betting favorite by kickoff.

“The consensus opinion in our risk room is that Philly will go off favored. Call it an educated guess,” he said. “We have been wrong about that before and could be wrong this time, but we think the Eagles will get there over the course of this week.”

We’ll see come Sunday if he’s right.

Super Bowl LIX: How’s the Public Betting?

“Fade the public.”

“Follow the money.”

If you bet long enough, you are bound to get advice that both strategies are the way to go. Without advising one strategy over the other, we can say information is key.

Here’s how the public was betting as of Wednesday morning, according to data aggregator Sports Betting Dime:

–Moneyline tickets: Chiefs, 52 percent; Eagles, 48 percent
–Moneyline handle: Chiefs, 32 percent; Eagles, 68 percent
–Spread (percentage of tickets): Chiefs, 31 percent; Eagles, 69 percent
–Spread (handle): Chiefs, 19 percent; Eagles, 81 percent
–Total (tickets): Chiefs, 76 percent; Eagles, 24 percent
–Total (handle): Chiefs, 71 percent; Eagles, 29 percent

At Fanatics, 50 percent of moneyline tickets and 67 percent of the money are on the Chiefs at -125. As for the spread, 54 percent of the tickets and money is on the Chiefs at -1.5.

Caesars has seen 52 percent of spread and 53 percent of moneyline tickets on the Eagles, but more money has come in on the Chiefs (51 percent and 54 percent, respectively).

DraftKings has experienced similar splits, with 54 percent of the money and 57 percent of the spread bets on the Chiefs. Bettors have hammered the over (83 percent of the money and 80 percent of bets). As for the moneyline split, the Eagles have seen more support, with 53 percent of the money and 54 percent of the bets.

Super Bowl LIX: The Player Props

Suppose you feel a little overwhelmed looking at the vast menu of player props. In that case, this may help: the players people are betting the most on are Philadelphia’s Saquon Barkley, Jalen Hurts and Dallas Goedert, as well as Kansas City’s Patrick Mahomes and Travis Kelce.

The most popular same-game parlay legs include the anytime TD props for Barkley, Hurts, Kelce and Kansas City’s Kareem Hunt. Barkley’s Anytime TD Scorer prop is the most popular TD prop at ESPN Bet (bets and money).

Super Bowl LIX: Notable Bets

As we get closer to kickoff and the volume of wagers continues to grow, we are bound to hear about some pretty big bets. Betting at legal sportsbooks is expected to top $1.7 billion.

Here are some of the bigger bets that have come in so far:

–$800K on the Eagles moneyline at +110 (BetMGM)
–$750K on the Eagles moneyline at +110 (BetMGM)
–$150K on the Eagles moneyline (DraftKings)
–$50K on the Eagles moneyline at +110 (Caesars)
–$30K on Eagles +3 at -141 (BetRivers)
–$300K on Eagles +0.5 at -120 (BetMGM)
–$326K on the Chiefs moneyline at -130 (BetMGM)
–$63,370 on the Chiefs moneyline at -135 (BetRivers)
–$55K on the Chiefs moneyline at -132 (BetRivers)
–$150K and $138.6K on under 49.5 (BetMGM)
–$110K on under 49.5 (Caesars)

Big money has come in on a few prop bets as well:

–$51K that an octopus would not be scored at -3335 (to win $1,530; BetRivers). An octopus occurs when the player who scored the touchdown also scores the 2-point conversion.
–$83.5K on “No player to score a rushing and receiving touchdown” at -835 (BetRivers)
–$25K on Kelce to win MVP at +1500 (BetMGM)
–$20K on Mahomes to win MVP at +110 (Caesars)

–Field Level Media

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