Bookmakers Win on Super Bowl Sunday Thanks to Props

The New England Patriots victory over the Seattle Seahawks in Super Bowl XLIX hurt bookmakers. There were many ways the Super Bowl could have ended. However, the combination of New England winning and the OVER was not the one bookmakers were hoping for.

The line over the two weeks between the conference championships and the Super Bowl kickoff fluctuated between Patriots -1 and pick ‘em. However, the comeback victory of 28-24 by New England complicated things for bookmakers at Bovada, betonline, topbet, as well as many other betting establishments.

For many of the books, the majority of cash was on New England and on the OVER. With more money coming in on New England, the books kept the line at -1 or even pick ‘em right up to kickoff.

Seattle had a 10-point lead entering the fourth quarter. For books that looked nice – a Seattle cover and an UNDER. However, that did not happen and when the Seahawks had the opportunity to win, the Patriots intercepted on the goal line on a play that most called questionable that was called by Pete Carroll the Seattle head coach.

Carroll is liked and respected by many of the players on Seattle, but looking at quotes from some players, especially from the defense, it would make you think the Seahawks could implode next season.

Fading losers of Super Bowls the next season is usually a strong bet.

New England in late September was 12 to 1 to win the Super Bowl after losing to Kansas City and dropping to 2-2.

Seattle lost Sunday’s Super Bowl but is 13 t 2 to win next season’s, with New England at 8 to 1 just behind them.

The overall handle missed the record set last year of $119 million as it came in at just under the $116 million mark in Vegas.

One bookmaker took a million dollar bet on New England. The props saved the books from going in the red as they eked out just a $3.3 million win on the game due to the popularity of the props.

The books win of $3.3 million was their lowest since 2011 for a Super Bowl when they took in just $724,175 in the Packers win over the Steelers 31-25.

However, overall the $115.9 million taken in by the Vegas books show that betting on the NFL is as good as it has ever been.

Once the draft is held the books futures will change somewhat, but not as much as when say the NBA holds its draft. Then any trades or offseason free agent signings will have their affect on the futures board. Nevertheless, when next season rolls around in September you can be assured that Seattle and New England will be at or near the top of the futures board for Super Bowl 50.