This money will be wagered on the spread, the total, numerous propositions and even on Super Bowl squares. Super Bowl betting is the biggest sports betting day of the year.
Super Bowl betting numbers show that New England is a 12 point favorite in the game with a total of 53.5. The opening Superbowl betting number had the Patriots as a 13.5 point favorite but the public seems to like the Giants. It was expected that people would flock to bet the Patriots but that has really not happened in Superbowl betting. It is unusual for the public to like an underdog in anything, yet alone the Super Bowl. Whenever the public starts to like a side then conventional wisdom tells you to take the opposite side. In Super Bowl betting that could mean a bet on New England may be wise.
Super Bowl betting numbers show that the Giants finished at 13-6 against the spread including winning their last five. The Patriots finished 10-8 against the spread but finished losing 7 of their last 8 against the number. If you are looking at the Super Bowl betting number and wondering if the number 12 is a key number, don’t. The numbers 11, 12 and even 13 are not key numbers in NFL betting. Some people will look at the high Super Bowl betting number and immediately say there is value on New York. That is not necessarily true though. In past Super Bowl betting, when a team was favored by more than 10 points, the favorite actually covered the spread nearly 60% of the time in Super Bowl betting.
The total in Superbowl betting is in the low 50’s and most of the time the public would be taking the over but again, this year seems to be different. The public likes the under in Super Bowl betting. That could be because the last three Super Bowls have had lower scores than expected. What does all of this tell us about this year’s Super Bowl betting? It should tell you that taking New England and the over is not a bad idea. The public is wrong more often than not and if they like the Giants and the under then you should be taking the Patriots and the over in Superbowl betting.