Bet on Super Bowl odds is always popular on the favorite but is that the best way to go with your Super Bowl betting wagers?
Let’s take a look at past Super Bowl history to find out if you should bet on Super Bowl favorites.
Bet on Super Bowl odds tell us that fourteen teams have been double-digit favorites in Super Bowl betting. The favorite covered the spread just eight times with the underdog covering six times. Last year the New England Patriots failed to cover the 12.5 point spread, losing outright to the New York Giants in bet on Super Bowl action. If you think that the Patriots were the biggest favorite in Super Bowl betting history you would be wrong.
The biggest bet on Super Bowl favorites were the San Francisco 49ers who were favored by 18.5 points in Super Bowl XXIX against the San Diego Chargers. The 49ers won that game 49-26, easily covering the big number. The other game that was very close and an argument could be made that it was a higher pointspread was Super Bowl III when the Baltimore Colts were virtual locks over the New York Jets for gamblers that bet on Super Bowl action. The Colts were listed as 18-point favorites for that game but the record keeping was not nearly as good back then since there were no sportsbooks, Internet, etc.
Some people say the Colts ended as 19.5 or 20 point favorites in bet on Super Bowl odds. Regardless, that was the biggest upset in Super Bowl history in terms of the bet on Super Bowl pointspread since the Jets won outright. You might think last year’s win by the Giants was the second biggest upset in Super Bowl betting history but that is not the case. Actually, the Patriots win in Super Bowl XXXVI against the St. Louis Rams was the second biggest upset as the Rams were 14 point favorites in bet on Super Bowl wagering.
So, should you bet on Super Bowl favorites? Let’s look at the complete history. Favorites are 21-18-3 through the first 42 Super Bowls. That is a very small winning percentage in bet on Super Bowl action. If you got a bad number on those three pushes then the numbers would be exactly even. Favorites can and do covers the Super Bowl betting pointspread, but history has shown it is not much better than a coin flip.
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