Consensus Super Bowl line moves to pick ’em as Seattle money shows up

AP

For most of the two weeks of Super Bowl XLIX betting, the Patriots were slight point spread favorites.

But that has changed.

Numerous Nevada sports books now make Sunday’s Super Bowl between New England and Seattle a pick ’em, according to multiple websites monitoring line movement.

A pair of oddsmakers told PFT that weekend money on defending Super Bowl-champion Seattle has pushed them to move the point spread.

“We had a good amount of volume on the Seahawks last night,” said Jay Rood, the vice president of race and sports at MGM Resorts International, in an email message Sunday. MGM had listed New England as a one-point favorite for the previous 11 days before moving to pick ’em Saturday night, per VegasInsider.com line movement charting.

Jay Kornegay, who oversees the lines at the Westgate Las Vegas SuperBook, described the weekend betting on Seattle as “consistent.”

“It’s not an overflow of Seattle money but it certainly has balanced the game compared to last weekend,” Kornegay told PFT in an email Sunday. “Speaking with a few other [sports book] directors, it’s going to be a very balanced game.”

The SuperBook now lists Seattle as a one-point favorite, as do the CG Technology books in Nevada, per VegasInsider.com.

However, not all sports books have gone to pick ’em or Seattle -1. Wynn Las Vegas continues to deal New England -1.

No Super Bowl has ever closed as a consensus pick ’em, per VegasInsider.com records.

15 responses to “Consensus Super Bowl line moves to pick ’em as Seattle money shows up

  1. It is funny how many people assume the line means who will win and by how many points, rather than it being set based on assumed public perception of who will win and what spread will make them bet their money evenly on both sides.

  2. The spread favored the Pats not because they are the better team but because there are more people on the east coast.

    But that’s OK, last year the Hawks were the underdog too and look how that turned out.

  3. The spread favored the Pats not because they are the better team but because there are more people on the east coast.

    But that’s OK, last year the Hawks were the underdog too and look how that turned out.
    ———————————————————-So Denver is on the east coast?????????????????

  4. I always think it’s funny people how people use the line as a way to reinforce support one team or another. If you’re that confident in either team take a riskier bet and give up points (and better payout). Vegas doesn’t make their money from these straight up bets. It’s all the crappy long shot/suckers bets people make on the game is their true money makers. I wonder if one is out there if Katy Perry will have a wardrobe malfunction. Hawks, Pats or any other teams fan can say this we’ll all be winners then.

  5. Early money on Pats when Seattle was favored by 2. Late money on Seattle when New England was favored. If the Seahawks end up winning this game by one point, the sports books will take one heck of a beating. Early money picking new England will get paid because the spread will get covered despite the NE loss. Late money will get paid because most of it got a point or two to go along with Seattle.

  6. When the odds came out at the start of the playoffs most PFT posters were singing the praises of the underdog bets, especially the Cowboys and Steelers.

    A fan from the same team I root for took it personally when I posted that the best bet was on either of the top two seeds, or a bet on both. He told me he worked in the gambling industry and knew better. He actually is a good guy from reading his posts but there is just something about the NFL that makes people throw logic to the wind, whether its nonsense like deflategate or betting odds.

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