The Super Bowl point spread opened with the Seattle Seahawks as the favorite, but Denver Broncos early money flipped the line quickly. The Broncos went from dogs to chalk in just minutes.
Super Bowl XLVIII matches two teams that were the most dominate in their conferences the entire season. Seattle defeated the San Francisco 49ers 23-17, while Denver defeated the New England Patriots 26-16 in their respective conference championships on Sunday.
While Seattle opened the Super Bowl 48 line as a short favorite, heavy action took place early on Denver and after only a few minutes on Bovada, the line flipped and in all sports books the Broncos became the favorite.
Seattle opened -1.5 and in books such as topbet and betonline and the Broncos got early action both small and large. Within just 15 to 20 minutes, Denver became a 1-point favorite on sportsbook.com and that stretched up to as high as -2.
Some sports books believe that the early money coming in is a result of bettors finding value in an underdog in a matchup between two very evenly matches teams.
The two teams to reach the Super Bowl dominated the futures boards the entire regular and post season. It marks just the first time in 4 seasons that the two top seeds have moved on to the Super Bowl.
Both teams this year have been profitable for bettors. Seattle is 12-6 against the number, while Denver was 11-6-1.
The two will play for the Vince Lombardi trophy on February 2 in East Rutherford, New Jersey at MetLife Stadium. Weather could be, and if you are a betting person, most likely will be, a factor as February in New Jersey is certainly not like February in Miami.
The line for the total opened on Bovada at 47, and has been up to as much as 48.5.
Some observers see the total as low for a Super Bowl, noting that 48 is the lowest total the Broncos have posted the entire season. Some insiders believe sharp money will enjoy this total and will likely allow the public to bet up the points and then enter a bet on the UNDER.
Who will come out on top is the big question. The league’s best offense in Denver will face off against the league’s best defense in Seattle. Just looking at the OVER/UNDER counts for each team is enough of a reflection of how they play.
The OVER is 11-7 on the season for Denver, while the UNDER has cashed in 12 of the 18 games Seattle has played. However, for both teams, the point total has been UNDER in each of their two postseason games.
As far as a handle is concerned, most books would have loved to seen a 49ers-Broncos matchup with Peyton Manning versus a very popular San Francisco team.
However, when the dust settles over the next two weeks, the bottom line is it is the Super Bowl and regardless of the two participants, it will get a huge amount of play.
Last season the Las Vegas handle for the Super Bowl was $98.9 million, which broke the previous record by over $4 million.