{"id":163688,"date":"2021-02-07T07:15:25","date_gmt":"2021-02-07T15:15:25","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=163688"},"modified":"2021-02-07T12:32:27","modified_gmt":"2021-02-07T20:32:27","slug":"prop-bets-fuel-super-bowl-betting-frenzy","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/prop-bets-fuel-super-bowl-betting-frenzy\/","title":{"rendered":"Prop Bets Fuel Super Bowl Betting Frenzy"},"content":{"rendered":"

It\u2019s Super Bowl Sunday, with the magnitude of the game and the number of crazy bets making it the biggest day of the year at sportsbooks.<\/p>\n

\"Super
Raymond James Stadium in Tampa., Fla., will host Sunday\u2019s Super Bowl between the Kansas City Chiefs and Tampa Bay Buccaneers. The Chiefs are 3-point favorites. (Image: Kim Klement\/USA TODAY Sports<\/em>)<\/figcaption><\/figure>\n

The craziest of all might be the $3.4 million bet placed at DraftKings on the Tampa Bay Buccaneers as 3.5-point underdogs for Sunday\u2019s NFL championship game against the Kansas City Chiefs. At least the bettor probably slept well, considering he goes by the nickname \u201cMattress Mack\u201d as the owner of a Houston furniture chain.<\/p>\n

It\u2019s a great story,\u201d<\/strong> said Johnny Avello, the director of race and sportsbook operations for DraftKings, to Casino.org. <\/em>\u201cThe gentleman who bet it is from Houston, and we don\u2019t take bets in Houston. He had to fly his personal jet to Colorado and make the bet and then turn around and go back. I don\u2019t think he was here longer than 15, 20 minutes.\u201d<\/strong><\/p><\/blockquote>\n

With kickoff approaching, the Chiefs were 3-point favorites. With superstar quarterback Patrick Mahomes, the Chiefs have been the favorite to repeat as champions for most of the season<\/a>. With the addition of legendary quarterback Tom Brady, the Buccaneers have been bet big all season<\/a>.<\/p>\n

Prop Bets Deliver Added Interest <\/strong><\/h2>\n

While the huge bets make headlines, the sheer number of bets that are available is staggering. DraftKings, for instance, offers more than 1,000 ways to bet on the game.<\/p>\n

\u201cNormally, we take about 80 percent of our volume on the core three markets\u201d<\/strong> of point spread, moneyline and point total, said John Sheeran, the director of trading for FanDuel Sportsbook, to Casino.org<\/em>. \u201cFor the Super Bowl, that drops to 70 percent.\u201d<\/strong><\/p>\n

\n

On the other hand, at one multistate sportsbook, only 27 percent of the bets are on spreads\/totals\/moneyline. The rest of the bets are on props and parlays.<\/p>\n<\/div>\n

The coin toss is the most popular of the props. William Hill has more than 900 props on its menu. The bet with the second-most tickets is tails, while No. 4 is heads.<\/p>\n

Beyond the obvious bets, such as game MVP and which player will be the first to score a touchdown, sportsbooks are fantastically creative as a way to draw customers.<\/p>\n

What color will be the Gatorade dumped on the winning coach? Will there be a scoring drive that takes less time than the national anthem? Will more than two players throw a pass? Will a kick hit a goalpost?<\/p>\n

\u201cYou\u2019ve got your template from previous years, so that\u2019s where you start,\u201d<\/strong> Avello said. \u201cYou\u2019ve got things that have worked in the past and will continue to work in the future, so you plug in new teams and new players and calculate the odds. And then we try to add to the menu by coming up with some new bets. I don\u2019t think it will ever end. Every year, we\u2019ll come up a few new ones, so it will continue to expand.\u201d<\/strong><\/p>\n

Chiefs 3-Point Favorites<\/strong><\/h2>\n

The line has been bouncing between 3.5 and 3 all week. When it jumps to 3.5, the money is on the Buccaneers. When it falls to 3, the money is on the Chiefs.<\/p>\n

On the spread at FanDuel, 59 percent of bets and 67 percent of the money is on Kansas City. The moneyline is straight down the middle at FanDuel and BetMGM, but on the Bucs\u2019 side at DraftKings and PointsBet. As is typically the case, the bettors are taking the over of the 56.5-point total.<\/p>\n

Talking about the moneyline trend, Avello said, \u201cThat does not surprise me, because that\u2019s kind of typical for a Super Bowl. The bettors like to bet the underdog in the game, and why not? This is a good underdog with Tom Brady and a really good defense. If you like the Bucs and you like Tom Brady, why not?\u201d<\/strong><\/p>\n

The quarterbacks are the MVP favorites, with Kansas City\u2019s Mahomes at -110 and Tampa Bay\u2019s Brady at +200 at PointsBet. Brady has 21 percent of the bet count, followed by the Kansas City triumvirate of receiver Tyreek Hill (12 percent at +1100), tight end Travis Kelce (10 percent at +1000) and Mahomes (9 percent).<\/p>\n","protected":false},"excerpt":{"rendered":"

The Kansas City Chiefs are 3-point favorites for Sunday’s Super Bowl against the Tampa Bay Buccaneers, but the final score is only part of the betting equation.<\/p>\n","protected":false},"author":54,"featured_media":163687,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,16,1074],"tags":[81776,81061,81101,81724,81065],"acf":[],"yoast_head":"\nProp Bets Fuel Super Bowl Betting Frenzy - Casino.org Prop Bets Fuel Super Bowl Betting Frenzy<\/title>\n<meta name=\"description\" content=\"The Kansas City Chiefs are 3-point favorites for Sunday's Super Bowl against the Tampa Bay Buccaneers, but the final score is only part of the betting equation. 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