Tag: super bowl bets

Updated 2021 Super Bowl LV odds

Looking at the updated betting odds to win the 2021 Super Bowl LV.

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The 2020 NFL season kicks off in a little more than a month and all teams have their eyes on the prize — winning Super Bowl LV. Which teams stand out better than others? Which teams are on the outside looking in? Here we look at the updated 2021 Super Bowl LV betting odds and who the oddsmakers at BetMGM Sportsbook predict to have a successful season.

Are you new to the world of sports betting? A futures wager is a bet on an event much further down the road, meaning your money will be tied up (sometimes, for months) until the event concludes. However, if you bet on the right team, a large ROI is in store. For example, the New Orleans Saints at +1200 would return a profit of $1,200 for every $100 you wager should you bet on them to win Super Bowl LV and they, ultimately, go on to do just that.

The longer you wait to place a futures bet, the shorter the odds will typically become for the teams that live up to expectations. If the Saints go onto have a solid start to the season, the odds could dip closer to even money. Like everything in life, timing is everything…

Updated Super Bowl LV Odds

Odds via BetMGM, last updated Tuesday, August 4 at 3:00 p.m.

Baltimore Ravens +650 (unchanged)

Kansas City Chiefs +650 (unchanged)

San Francisco 49ers +800 (unchanged)

New Orleans Saints +1200 (unchanged)

Tampa Bay Buccaneers +1400 (unchanged)

Dallas Cowboys +1800 (unchanged)

New England Patriots +1800 (unchanged)

Seattle Seahawks +1800 (unchanged)

Looking to place a bet on next year’s Big Game? Place your legal sports wagers online in CO, IN, NJ and WV at BetMGM. Bet now!

Indianapolis Colts +2000 (unchanged)

Philadelphia Eagles +2000 (unchanged)

Minnesota Vikings +2200 (unchanged)

Green Bay Packers +2500 (unchanged)

Pittsburgh Steelers +2500 (unchanged)

Buffalo Bills +3000 (unchanged)

Los Angeles Chargers +3000 (unchanged)

Arizona Cardinals +4000 (unchanged)

Cleveland Browns +4000 (unchanged)

Los Angeles Rams +4000 (unchanged)

Tennessee Titans +4000 (unchanged)

Atlanta Falcons +5000 (unchanged)

Chicago Bears +5000 (unchanged)

Denver Broncos +5000 (unchanged)

Houston Texans +6500 (unchanged)

Detroit Lions +8000 (unchanged)

Las Vegas Raiders +8000 (unchanged)

New York Jets +8000 (unchanged)

Carolina Panthers +10000 (unchanged)

Cincinnati Bengals +10000 (unchanged)

Miami Dolphins +10000 (unchanged)

New York Giants +10000 (unchanged)

Jacksonville Jaguars +15000 (unchanged)

Washington Football Team +15000 (unchanged)

Also see:

When is Super Bowl LV?

Super Bowl LV is scheduled for Sunday, Feb. 7, 2021, at Raymond James Stadium in Tampa, Fla. The game will be televised by CBS and called by Jim Nantz and Tony Romo.

Want action on any NFL futures? Sign up and bet at BetMGM online in CO, IN, NJ and WV. For more sports betting picks and tips, visit SportsbookWire.com.

Follow SportsbookWire on Twitter and Like us on Facebook.

Gannett may earn revenue from audience referrals to betting services.  Newsrooms are independent of this relationship and there is no influence on news coverage.

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2021 Super Bowl Odds: Cam Newton signing boosts Patriots

Looking at the updated betting odds to win the 2021 Super Bowl following the New England Patriots’ signing of QB Cam Newton.

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Cam Newton finally has a home for the 2020 NFL season. The New England Patriots took a chance on the free agent and former MVP quarterback, by signing him to a zero-risk, one-year contract Sunday, June 28. The Patriots’ signing of Newton helped shift the betting odds to win Super Bowl LV, pulling the Pats even with the Dallas Cowboys and Seattle Seahawks at +1800 – only five teams have lower odds, including Tom Brady’s new squad, the Tampa Bay Buccaneers (+1400).

New to sports betting? A $10 bet on the Patriots to win Super Bowl LV will return a profit of $180. See the full Super Bowl LV betting odds at BetMGM below.

How Cam Newton affects Patriots’ futures odds

The signing of Newton caused changes throughout the Patriots’ 2020 futures odds at BetMGM.

They went from +115 to +110 to win the AFC East, and from +900 to +800 to win the AFC.

Their 2020 win total now sits at 9.5 with +105 for the OVER and -125 for the UNDER. They are -223 to make the playoffs and +180 to miss the postseason.

Additionally, Newton has soared to +2500 to be named the 2020 NFL MVP. He is +4000 to be named Offensive Player of the Year and +450 to be the Comeback Player of the Year – ranking as the second favorite behind Pittsburgh Steelers QB Ben Roethlisberger (+350).

Updated Super Bowl LV Odds

Odds via BetMGM, last updated Monday, June 29 at 1:10 p.m.

Baltimore Ravens +650 (was +750)

Kansas City Chiefs +650 (was +600)

San Francisco 49ers +800 (was +900)

New Orleans Saints +1200 (unchanged)

Tampa Bay Buccaneers +1400 (was +1200)

Dallas Cowboys +1800 (was +2000)

New England Patriots +1800 (was +2000)

Seattle Seahawks +1800 (was +2000)

Looking to place a bet on next year’s Big Game? Place your legal sports wagers online at BetMGM. Bet now!

Indianapolis Colts +2000 (was +2500)

Philadelphia Eagles +2000 (was +1800)

Minnesota Vikings +2200 (was +2500)

Green Bay Packers +2500 (was +2200)

Pittsburgh Steelers +2500 (was +2200)

Buffalo Bills +3000 (unchanged)

Los Angeles Chargers +3000 (was +5000)

Arizona Cardinals +4000 (was +5000)

Cleveland Browns +4000 (was +3500)

Los Angeles Rams +4000 (was +3000)

Tennessee Titans +4000 (was +3000)

Atlanta Falcons +5000 (was +4000)

Chicago Bears +5000 (was +4000)

Denver Broncos +5000 (unchanged)

Houston Texans +6500 (was +4000)

Detroit Lions +8000 (unchanged)

Las Vegas Raiders +8000 (was +6000)

New York Jets +8000 (was +10000)

Carolina Panthers +10000 (unchanged)

Cincinnati Bengals +10000 (unchanged)

Miami Dolphins +10000 (was +8000)

New York Giants +10000 (unchanged)

Jacksonville Jaguars +15000 (unchanged)

Washington Redskins +15000 (unchanged)

When is Super Bowl LV?

Super Bowl LV is scheduled for Sunday, Feb. 7, 2021, at Raymond James Stadium in Tampa, Fla. The game will be televised by CBS and called by Jim Nantz and Tony Romo.

Want action on any NFL futures? Sign up and bet at BetMGM. For more sports betting picks and tips, visit SportsbookWire.com.

Follow @EstenMcLaren on Twitter, and follow @SportsbookWire on Twitter and Facebook.

Gannett may earn revenue from audience referrals to betting services.  Newsrooms are independent of this relationship and there is no influence on news coverage.

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2020 Super Bowl will be huge for sports betting

A huge amount of money is slated to be bet on Super Bowl Sunday.

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The wait is finally over; the 2020 Super Bowl kicks off this evening and in the world of sports betting, today is the biggest day of the year. With the legalization of sports betting in various states around the country, it could be even bigger than ever.

According to CNBC, 26 million people are expected to get some action on Super Bowl 54, with five million expected to do such via online or mobile platforms.

Per the report, about $6.8 billion is expected to be bet on the San Francisco 49ers vs. Kansas City Chiefs Super Bowl Sunday matchup.

Latest 2020 Super Bowl odds

Betting odds via BetMGM Sportsbook; last updated Sunday at 1:30 p.m. ET.

Super Bowl 54 Moneyline

Kansas City Chiefs -121

San Francisco 49ers +105

Are you new to sports betting? A $100 wager on Kansas City to win outright returns a profit of $82.64 if they beat San Francisco. That same $100 wagered on San Francisco returns a profit of $105.00 should they beat the Chiefs.

In New Jersey or West Virginia? Bet $1, WIN $200 (in free bets) if either team scores a touchdown during the big game February 2, 2020. Bet now.

New customer offer; visit BetMGM for terms and conditions.

Super Bowl LIV Spread

Chiefs -1.5 (-106)

49ers +1.5 (-110)

Super Bowl LIV Point Total – Over/Under

The O/U has dropped by one-point; you can still bet on the previous 54.5 line as an alternate line option.

Over 53.5  (-106)

Under 53.5 (-110)

Online Sports Betting in New Jersey

Are you in New Jersey and looking to place a legal sports wager on the Big Game? Visit BetMGM to place your legal sports wagers now.

Online Sports Betting in West Virginia

Are you in West Virginia and looking to place a legal sports wager on the Big Game? Visit BetMGM to place your legal sports wagers now.

Follow @SportsbookWire on Twitter and Facebook.

Gannett may earn revenue from audience referrals to betting services.  Newsrooms are independent of this relationship and there is no influence on news coverage.

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Latest Super Bowl Sunday 2020 odds, spread, point total

The latest Super Bowl 54 betting odds, including moneyline, spread, over/under entering Super Bowl Sunday.

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After almost two weeks of Super Bowl LIV sports betting odds being available around the huge Kansas City Chiefs vs. San Francisco 49ers 2020 Super Bowl matchup in Miami Sunday, the sports betting lines have not changed much from when they opened following the AFC and NFC Championship games.

Sports bettors continue to watch the lines like hawks, waiting for an advantage to surface between what is anticipated a razor-thin margin between the 49ers and Chiefs. Despite some big wagers coming in recently, the spread, moneyline and point total remain largely on par with where they opened.

Latest Super Bowl 54 Odds

Betting odds via BetMGM Sportsbook; last updated Friday at 10 a.m. ET.

Super Bowl LIV Moneyline

Kansas City Chiefs -121

San Francisco 49ers +105

Super Bowl LIV Spread

Chiefs -1.5 (-106)

49ers +1.5 (-112)

Super Bowl LIV Point Total – Over/Under

Over 54.5  (-106)

Under 54.5 (-112)

Special sports betting line for the big game

Bet $1, WIN $200 (in free bets) if either team scores a touchdown during the big game February 2, 2020. Regardless of the outcome, you win with a touchdown! Bet now.

New customer offer; visit BetMGM for terms and conditions.

Also see:

Follow @SportsbookWire on Twitter and Facebook.

Gannett may earn revenue from audience referrals to betting services.  Newsrooms are independent of this relationship and there is no influence on news coverage.

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Mattress Mack is back: $1M bet on San Francisco 49ers to win 2020 Super Bowl

Sports bettor Mattress Mack places big $1M bet on San Francisco 49ers to win 2020 Super Bowl

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Houston furniture salesman Jim “Mattress Mack” McIngvale has become well-known for his huge bets on sports. He jumped in again for Super Bowl 54 with a $1 million money-line bet on the San Francisco 49ers.

According to BetMGM, the bet at the Mirage in Las Vegas was on the 49ers’ +120 money line. That means Mack wins $1.2 million with a San Francisco victory.

Mack’s huge bet might initially instill some confidence in nervous 49ers fans. However, he lost $12 million betting on the Astros to beat the Nationals in the 2019 World Series. He also bet $1 million against the Chiefs in each of Kansas City’s first two playoff games.

Special sports betting line for the big game

Bet $1, WIN $200 (in free bets) if either team scores a touchdown during the big game February 2, 2020. Regardless of the outcome, you win with a touchdown! Bet now.

New customer offer; visit BetMGM for terms and conditions.

Mack told 95.7 The Game in San Francisco that he likes the fact the 49ers are a complete team, and said fans should worry because he’s due to win a bet after losing a few in a row.

Also see:

The bet does come with a caveat though. He stands to get some business for his Houston-based furniture store if San Francisco wins.

Want some action on the last football game of the season? Visit BetMGM and place your bets on the big game now.

Follow @SportsbookWire on Twitter and Facebook.

Gannett may earn revenue from audience referrals to betting services.  Newsrooms are independent of this relationship and there is no influence on news coverage.

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2020 Super Bowl Prop Betting: Conquer Deebo Samuel receiving props

Looking at prop bets centered around San Francisco 49ers WR Deebo Samuel’s receptions and receiving yards in the 2020 Super Bowl.

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There is no juicier sporting event to bet on than the 2020 Super Bowl. Aside from picking the San Francisco 49ers or Kansas City Chiefs to win, a sharp can win money via player prop betting. Let’s analyze, and pick, BetMGM‘s Super Bowl prop betting odds and lines for 49ers WR Deebo Samuel’s receptions and receiving yards projections.

Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Wednesday at 7:45 p.m. ET.

Deebo Samuel’s 2020 Super Bowl receptions: 4.5

Don’t sleep on the Chiefs pass defense. They have given up the fewest catches and receiving yards to wide receivers this season. Kansas City has allowed the eighth-fewest passing yards and, according to Football Outsiders, the Chiefs have the sixth-best pass defense by their DVOA metric.

The biggest thing keeping Samuel away from going Over on his receptions props could be the 49ers themselves. Positive game script for San Francisco is them bludgeoning the Chiefs defense with the run. Plus, the 49ers’ most dynamic pass-catcher is TE George Kittle. Acquiring WR Emmanuel Sanders at the trade deadline before Week 8 added yet another option for QB Jimmy Garoppolo. In the 15 games in which Samuel has played this season, he has caught five or more balls in only five games. His 68.9% catch rate ranks 68th in the NFL but Samuel’s 5.29 targets per game ranks 85th.

BetMGM has factored in these things before making their line, hence the Under 4.5 catches is juiced to -143. The math says this prop goes Under so swallow the vig and BET DEEBO SAMUEL UNDER 4.5 CATCHES (-143).

Special sports betting line for the big game

Bet $1, WIN $200 (in free bets) if either team scores a touchdown during the big game February 2, 2020. Regardless of the outcome, you win with a touchdown! Bet now.

New customer offer; visit BetMGM for terms and conditions.

Deebo Samuel’s Super Bowl LIV receiving yards: 56.5

(Photo credit: Kyle Terada – USA TODAY Sports)

It’s almost guaranteed head coaches Kyle Shanahan and Andy Reid will dial-up exquisite shot plays. They’ve been doing it all year. Both have the play design and personnel to throw the kitchen sink at each other.

The Chiefs’ secondary has played well all season long but their best player is All-Pro safety Tyrann Mathieu, and it makes sense if his main assignments are Kittle and the 49ers’ vaunted ground game. San Francisco is tied with the New England Patriots for the fourth-most pass plays of 20-plus yards, and Samuel had 18 of those in his 15 regular season and postseason games played. So, between the 49ers’ powerful rushing attack and the explosive Kittle, expect Garoppolo to take some shots downfield against one-on-one coverage to his wideouts. BET DEEBO SAMUEL OVER 56.5 RECEIVING YARDS (+100).

Also see:

Want action on this game or prop bets? Sign up and bet at BetMGM. For more sports betting picks and tips, visit SportsbookWire.com.

Follow @Geoffery_Clark and @SportsbookWire on Twitter.

Gannett may earn revenue from audience referrals to betting services.  Newsrooms are independent of this relationship and there is no influence on news coverage.

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2020 Super Bowl Prop Bets: How many rushing yards for 49ers RB Raheem Mostert?

Analyzing 2020 Super Bowl prop bets centered around San Francisco 49ers RB Raheem Mostert’s rushing yards.

Among the many prop bets available for those wishing to place a wager on Super Bowl LIV this Sunday are player props. How many yards will certain players gain? How many touchdowns? Will they score touchdowns?

Here we look at San Francisco 49ers RB Raheem Mostert and the number of rushing yards he will gain against the Kansas City Chiefs in the 2020 Super Bowl.

Raheem Mostert’s 2020 Super Bowl rushing yards

Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Wednesday at 2:30 p.m. ET.

Yards Over Under
60.5 -182 +150
100.5 +370 -500

Mostert had a career-high 220 rushing yards in the NFC Championship against the Green Bay Packers. It was the second-highest single-game playoff rushing total in NFL history.

How will he follow it up in Super Bowl LIV?

Raheem Mostert’s history

Mostert has only two career games with more than 100 yards and plays in an offense that uses running backs by committee. His rushing output against the Packers was in large part because he had more opportunities as a result of Tevin Coleman dislocating his shoulder and the 49ers holding a large lead from start to finish.

Mostert gained fewer than 60 rushing yards in each of his previous two games.

Excluding the 29 carries he received against the Packers, he averaged 9.3 rushing attempts per game this season. He averaged 5.6 yards per attempt, so using the average, he would be on track for about 52 yards.

Also see:

The Chiefs’ run defense in recent weeks

Kansas City has allowed only 93.5 rushing yards per game over itslast eight contests. The Chiefs have allowed only three individual backs to exceed 60 yards in that time frame — Melvin Ingram, Josh Jacobs and Derrick Henry, all of whom are considered among the most talented feature backs in the league.

Mostert is not a feature back in the 49ers offense.

How will the game go?

Whether or not Mostert gets enough carries to get to 60.5 or 100.5 will depend on a couple of things — his effectiveness and whether the game is close.

The Chiefs can put up points in a hurry. If they build a lead of more than one score, it will be hard for the 49ers to keep running the ball. If the game is close throughout, Mostert can do it. Coleman might play but won’t be 100%. Mostert will get most of the carries, while Coleman and Matt Breida will be complementary pieces.

Our best bet

Special sports betting line for the big game

Bet $1, WIN $200 (in free bets) if either team scores a touchdown during the big game February 2, 2020. Regardless of the outcome, you win with a touchdown! Bet now.

New customer offer; visit BetMGM for terms and conditions.

The easy bet is to go UNDER 100.5 yards at -500, but it won’t win enough money to be worth the while. A $10 bet will gain only $2 in profit. Mostert’s history and the Chiefs’ play suggest he will not get over 100.

Less certain is whether to go Over or Under the 60.5 yards.

It will come down to this: If you believe the Chiefs will mostly be in control of the game and the 49ers will have to play catchup, take the UNDER 60.5 (+150), which gives you the best value. Every $10 wagered wins $15. This is where I would place my wager.

If you believe the game will be highly competitive and neither team will pull away, take the Over 60.5 (-182). Every $10 wagered will earn a profit $5.49.

If you believe the 49ers will control the game like they did against the Packers in the NFC title game, go big and bet Over 100.5 (+370) and go for a huge payout of $37 for every $10 wagered.

Want action on this game or prop bets? Sign up and bet at BetMGM. For more sports betting picks and tips, visit SportsbookWire.com.

Follow @SportsbookWire on Twitter.

Gannett may earn revenue from audience referrals to betting services.  Newsrooms are independent of this relationship and there is no influence on news coverage.

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2020 Super Bowl Prop Betting Odds: Race to 20 points

Looking at prop bets for Super Bowl LIV, and betting between the San Francisco 49ers and Kansas City Chiefs to be the first to 20 points.

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The San Francisco 49ers and Kansas City Chiefs are in the final days of their two weeks or preparation for Super Bowl LIV in Miami, and kickoff will come Sunday at 6:30 p.m. ET.

A big factor in deciding which team will come out on top will be which side is able to better handle the added nerves of all the extra attention during the 2020 Super Bowl. Below, we analyze the betting odds and lines at BetMGM to see which side will win the race to 20 points.

Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Tuesday at 8:30 p.m. ET.

Super Bowl LIV race to 20 points: 49ers (+110)

(Photo Credit: Kyle Terada – USA TODAY Sports)

As with most of the scoring props for Super Bowl LIV, the Niners are modest underdogs. This, despite the fact they got off to the better start in each of their two NFC playoff games, and they’ve scored a total of 64 postseason points with just 30 allowed.

The Niners have given up 20 or more points in 10 of their 18 regular-season and playoff games thus far. The defense will face one of its toughest tests yet in the Chiefs. The offense has been held below 20 points just twice all year, and the Chiefs have allowed at least 20 points in three straight games dating back to Week 17.

With the Chiefs favored by 1.5 points and the Over/Under set at 54.5 points, the 49ers’ implied team total is 26.5 points, while the Chiefs are projected to score 28 points. With both sides expected to reach the mark, chase the plus-money and back the 49ERS (+110) to get to 20 points first.

New to sports betting? A $10 bet on the 49ers to win the race to 20 points returns a profit of $11.

Special sports betting line for the big game

Bet $1, WIN $200 (in free bets) if either team scores a touchdown during the big game February 2, 2020. Regardless of the outcome, you win with a touchdown! Bet now.

New customer offer; visit BetMGM for terms and conditions.

Super Bowl LIV race to 20 points: Chiefs (-106)

The Chiefs fell behind 21-0 after the first quarter against the Houston Texans in the Divisional Round. They then gave up 17 first-half points in the AFC Championship against the Tennessee Titans, before clawing back to take a 21-17 lead into the half and going on to win 35-24.

I don’t like the Chiefs as favorites on this bet. The 20 team points is still a low enough number each side is projected to hit at some point in the game. The Chiefs aren’t worth a wager given their recent history of slow starts on both sides of the ball. PASS.

Super Bowl LIV race to 20 points: Neither (+1250)

One of the more profitable prop bets, a $10 bet on neither the 49ers nor Chiefs reaching 20 points in Super Bowl LIV fetches a profit of $125. Unless your betting strategy is to blindly chase the highest payouts (hey, it is for some), this warrants a PASS.

Also see:

Want action on this game or prop bets? Sign up and bet at BetMGM. For more sports betting picks and tips, visit SportsbookWire.com.

Follow @EstenMcLaren and @SportsbookWire on Twitter.

Gannett may earn revenue from audience referrals to betting services.  Newsrooms are independent of this relationship and there is no influence on news coverage.

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Super Bowl 2020: How many receiving yards will George Kittle have?

Looking at prop bets centered around San Francisco 49ers TE George Kittle’s receptions and receiving yards in Super Bowl LIV.

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The San Francisco 49ers and Kansas City Chiefs will participate in Super Bowl LIV Sunday at 6:30 p.m. ET at Hard Rock Stadium in Miami. For the 49ers to have success, they’re likely to need a big performance from TE George Kittle. Below, we’ll look at BetMGM‘s Super Bowl prop betting odds and lines for Kittle’s reception and yardage projections in the big game, and make our best bets for Super Bowl LIV.

Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Tuesday at 7:30 p.m. ET.

George Kittle’s Super Bowl LIV receptions: 5.5

Kittle’s reception total seems to have been set relatively conservatively, and it matches the projection for Kansas City Chiefs TE Travis Kelce. The two tight ends are the No. 1 option for their respective teams in the passing game.

Kittle has recorded a total of four receptions for 35 yards on just six targets through two playoff games. He, and QB Jimmy Garoppolo, have mainly stood by as head coach Kyle Shanahan has deployed a ground-based postseason attack. This wasn’t always the case, however, as Kittle caught at least six passes in 10 of his 14 regular-season games.

Special sports betting line for the big game

Bet $1, WIN $200 (in free bets) if either team scores a touchdown during the big game February 2, 2020. Regardless of the outcome, you win with a touchdown! Bet now.

New customer offer; visit BetMGM for terms and conditions.

Kittle totaled 85 receptions, 1,053 yards and five touchdowns on 107 targets in his abbreviated season.

I like the two-time Pro Bowler to get more involved as the Niners attempt to keep pace with the Chiefs in a game with a projected point total of 54.5. He’ll need to share the passing-game work with WRs Emmanuel Sanders, Deebo Samuel and Kendrick Bourne, especially if the Chiefs are able to build a significant lead at any point. Oh, and lets not forget Kittle has been playing with a torn labrum for the past two seasons! Give me the UNDER 5.5 (+100). The even-money returns makes it even more appealing.

New to sports betting? A $10 bet on George Kittle to finish Super Bowl LIV with 5 or fewer receptions returns a profit of $10.

George Kittle’s Super Bowl LIV receiving yards: 70.5

(Photo Credit: Kyle Terada – USA TODAY Sports)

Here, I’m going to take the OVER 70.5 (-112). It’s a solid hedge against our Under bet on receptions, and the even-money above makes the -112 juice on this selection easier to swallow.

There’s also a good chance of both bets cashing. Kittle is one of the most-dynamic tight ends in football. In 10 of his 14 regular-season games, he had at least one reception of 20-plus yards. His long on the season was 61 yards.

With the Chiefs favored in a high-scoring game, the projected game script lends itself to Kittle being likely to haul in a deep pass or break a long catch-and-run late in the game against a prevent defense from the Chiefs.

Also see:

Want action on this game or prop bets? Sign up and bet at BetMGM. For more sports betting picks and tips, visit SportsbookWire.com.

Follow @EstenMcLaren and @SportsbookWire on Twitter.

Gannett may earn revenue from audience referrals to betting services.  Newsrooms are independent of this relationship and there is no influence on news coverage.

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2020 Super Bowl odds and betting trends

We checked in with BetMGM Sportsbook around 2020 Super Bowl LIV betting trends they’re seeing, along with some interesting big-dollar wagers placed around the Big Game.

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As the Kansas City Chiefs and San Francisco 49ers prepare for Sunday’s Super Bowl LIV matchup, the sports betting world is starting to heat up and placing bets on the 2020 Super Bowl odds.

I don’t recall a time where I was so undecided over who I thought would win the game. A snapshot into my head this week sounds something like this: “It’s the 49ers!” “No, the Chiefs!” “Defense wins championships, go 49ers!” “Have you seen Mahomes play? Chiefs all day!” “Andy Reid doesn’t know how to win the big one. Go 49ers.” One of my personalities will eventually win this battle.

Many I’ve spoken with seem to be having the same internal battles around the 2020 Super Bowl odds. So, to no surprise in a game seemingly causing most to go back-and-forth on picking an outright winner, we’re seeing some betting trends representing a similar point of view. In fact, a solid percentage of sports bettors are taking a cash-out betting approach, showing the lack of certainty on betting either side.

Super Bowl LIV Betting Trends

Per a BetMGM sportsbook source, when it comes to Super Bowl 2020 Against the Spread odds, sports bettors are:

  • betting 72% of cash bets on the Chiefs spread
  • betting 68% of ticket wagers on the Chiefs spread

When it comes to the Over/Under, those betting at BetMGM are:

  • betting 70% ticket wagers on the Over (54.5)
  • using only 63% of cash bets on Over wagers

Now, when you take the 2020 Super Bowl Moneyline into the equation, you see two very different things playing out per wagers at BetMGM:

  • 58% of Moneyline tickets are being bet on the 49ers
  • 57% of cash wagers are on the Moneyline for the Chiefs

All data via BetMGM as of Tuesday afternoon ET.

Special sports betting line for the big game

Bet $1, WIN $200 (in free bets) if either team scores a touchdown during the big game February 2, 2020. Regardless of the outcome, you win with a touchdown! Bet now.

New customer offer; visit BetMGM for terms and conditions.

How about those big-dollar wagers you always start hearing about this time of the year? If you’re like me, you love seeing where the heavy hitters are laying their bets. According to sources at BetMGM, they’re already taking some heavy action on the Chiefs to win, including a:

  • $200,000 wager on the Chiefs ATS at -1,
  • $150,000 wager on the Chiefs ML (-125), and
  • $550,000 wager on the Chiefs ATS at -1 to win $500,000 (bet at The Bellagio in Las Vegas)

My wife would kill me if I tried that at home (that, and I’d end up losing the aforementioned home), but that sure would be an intense sweat during the fourth quarter.

Also see:

2020 Super Bowl Odds

As of Tuesday at 7 p.m. ET, the Chiefs continue as 1.5-point (-106) favorites over the 49ers on the spread. If some additional big-dollar wagers like those mentioned above keep coming through, you have to think that line moves some before Sunday …

The Moneyline still has the 49ers at plus-money, sitting at +105 while the Chiefs are anything but chalky at -121 odds.

The Over/Under remains at 54.5, with -110 tax on both sides of the number.

Want some action on the last football game of the season? Visit BetMGM and place your bets on Super Bowl LIV now.

Follow @SportsbookWire on Twitter and Facebook.

Gannett may earn revenue from audience referrals to betting services.  Newsrooms are independent of this relationship and there is no influence on news coverage.

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