Super Bowl betting is in the billions of dollars each year. Let’s take a look at some bet Super Bowl history as we prepare for this year’s game.
Bet Super Bowl history begins by looking at the winning team. The bet Super Bowl winner almost always covers the spread. If you can pick the straight up winner in Super Bowl betting you are usually going to win your wager. Keep in mind that the public loves to bet Super Bowl games. The numbers show that over 90 percent of the people that bet Super Bowl lines are not professional gamblers.
What does that mean to you? It means the Super Bowl betting line won’t move much at all after being released. Sportsbooks don’t want to run any risk of getting middled. Remember what happened in 1979? That was called “Black Sunday” for sportsbooks in Las Vegas. The bet Super Bowl odds opened with Pittsburgh a 3.5 point favorite but the bet Super Bowl betting odds went up to Pittsburgh -4 and then -4.5 as the week progressed. Pittsburgh ended up defeating Dallas by a score of 35-31 which meant that all gamblers that took the Steelers at -3.5 were winners, gamblers that played that game at the number of four pushed and all gamblers that took Dallas at +4.5 were paid. Sportsbooks got crushed in Super Bowl betting on that game which is why the bet Super Bowl line doesn’t move much anymore.
Bet Super Bowl history shows that many games have been blowouts. That has changed somewhat in recent seasons with the Giants close victory over the Patriots. This decade five of the nine Super Bowls have been decided by a touchdown or less. In the 1990’s, nine of the ten Super Bowls were decided by a touchdown or more. That should tell us that parity has become more prevalent in the NFL in the past decade.
Recent history has shown that anything can happen when it comes to bet Super Bowl odds. Open a New Account and bet on the Super Bowl at SBG Global!