Recap of Super Bowl gambling results: ‘First to score’ paying 100-to-1, Giants still would not be favorite

in Uncategorized by

How did you make out with your Super Bowl bets?  I reckon not many of you guessed correctly who would be the ‘first to score’ but I’m sure there’s a lot of money flowing from Vegas to New York as the underdog Giants beat the chalk for the second time in five Super Bowls.

Reports from a cross-section of sportsbooks confirm this was the biggest bet Super Bowl of all-time with over $10 billion dollars of action worldwide!

Nevada, which accounts for less than 1% of worldwide action, is reporting significant increases over last year,with some saying the state-wide Super Bowl record handle is within reach (note that Nevada handle is more strongly affected by the general economy than the worldwide handle, due to travel expenses).

52% of overall bets were on the Giants.

Giants cash Super Bowl future ticket:
19 to 1 odds in preseason
100 to 1 odds after Giants lost to Packers in regular season
20 to 1 odds at start of playoffs

Even after their win, the Giants would still not be a favorite against the Patriots if the game was played again.

If Super Bowl rematch were schedule for next week:
Patriots would be FAVORED by 2.5-points over Giants.

If played on a neutral field:
Packers would be 3.5-point favorites over Giants.
Saints would be 3.5-point favorites over Giants.

Meaning Vegas considers 3 teams to still be clearly better than the Super Bowl champs.

“First score = Giants safety” paid an eye-bulging 100 to 1 at some sportsbooks. One bettor has been confirmed to have won $50,000 on a safety-related bet at the MGM in Vegas.

Adding together spread, money line, over/under, props, and futures action, Nevada is expecting a moderate size win overall on the Super Bowl. That would make 20 of 22 winning years for Nevada.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.