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Sam Panayotovich
FOX Sports Betting Analyst
Betting on the Super Bowl is one of America’s favorite pastimes.
Industry experts are forecasting that Super Bowl LVIII between the Kansas City Chiefs and San Francisco 49ers will be the most wagered upon big game of all-time. The American Gaming Association (AGA) reported a record 50 million Americans wagered on last year’s game for a combined $16 billion in the legal and illegal markets.
And Taylor Swift wasn’t even in the picture last year!
When you add in the musical superstar’s presence, not to mention her hardcore fans that will undoubtedly watch next Sunday’s game, it’s extremely difficult to envision viewership or betting interest taking a downward dip.
The betting appetite will not be curbed.
I’ve used the candy store analogy for years to describe sports betting. The more candy in the store, the more likely it is you’ll leave with candy. If a store only sold Kit Kats and Sour Patch Kids, odds are good many customers would leave in search of bigger menus and more options.
That’s why most American sportsbooks have beefed up their Super Bowl wagering options, giving players the ability to bet more and more. Most shops are currently offering hundreds of propositional wagers, or props. These are specialized wagers that aren’t directly tied to the final score.
How many total yards will Niners running back Christian McCaffrey have? Will Chiefs tight end Travis Kelce score a touchdown? Will there be a 60-yard field goal? Will the jersey number of the first touchdown scorer be odd or even?
The more props in the aisle, the better the business.
What is the greatest Super Bowl of all time?
One of the most famous propositional wagers in Super Bowl history involved Chicago Bears defensive tackle William “Refrigerator” Perry. Caesars Place created a prop on “The Fridge” scoring a touchdown against the New England Patriots for Super Bowl XX back in…
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Source link : https://www.foxsports.com/stories/nfl/2024-super-bowl-lviii-odds-examining-the-history-of-super-bowl-prop-bets
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Publish date : 2024-02-02 20:52:00
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