Super Bowl 53 Betting: Winners and Losers
With yet another Super Bowl in the books, fans of the New England Patriots joined Nevada sportsbooks and Under bettors among the big winners on the Super Bowl 53 betting board.
As for the losers, the Los Angeles Rams, DFS-based sportsbooks in New Jersey, and folks who enjoy offensive football all shared the same fate.
Now that two weeks of anticipation and prognostication are over and done, the time has come to settle up on Super Bowl 53 betting.
Super Bowl 53 Betting: Nevada Sportsbooks Squeeze Out Win
Per data released by the Nevada Gaming Control Board (NGCB) one day after the Patriots defeated the Rams in a dull and dreary 13-3 defensive battle, bettors in the Silver State risked $145.9 million on the big game. That figure was good for the second-highest Super Bowl handle ever recorded in Sin City, but marked a decline of 8 percent from last year’s record-setting total.
And when the final whistle sounded to culminate the sixth championship for Tom Brady and Bill Belichick, sportsbooks in Nevada won $10.78 million.
On the other side of the country, New Jersey’s nascent legal sports betting industry attracted $34.9 million in action. But unlike their more established counterparts in Nevada, two of the newest sportsbooks in the Garden State took a bath by losing a combined $6 million.
Daily fantasy sports (DFS) operator FanDuel took heavy action on the favored Patriots – who hovered at (-3) for much of the week before settling at (-2.5) ahead of kickoff – with 86 percent of tickets and almost 90 percent of total money wagered backing New England.
When the dynamic dynasty clinched yet another Lombardi Trophy, FanDuel Sportsbook recorded a $5 million loss altogether.
In a statement, the company pointed to a “free bet” promotion tied to the Super Bowl’s 53rd iteration to explain the disastrous result:
“After opening at +1 on New England, customers quickly pumped money on the Patriots and didn’t stop. By kick off, 75% of money was on the Pats.
In addition, new customers took advantage of a great sign up offer for the Super Bowl this week that won them $265 on a $5 bet with odds of 53-1. All of this combined to leave New England as a big loser for the FanDuel Sportsbook.
Very big in fact. We estimate our customers won almost $5 million from us on the Big Game (net winnings).”
DFS rival DraftKings also runs a bet shop in New Jersey, and while the losses weren’t nearly as pronounced, the company’s first Super Bowl produced a $1 million rebate to bettors.
Super Bowl 53 Betting: Under a Lock at Halftime
Below you’ll find a guide to all of the biggest on-field wagers, along with pregame and halftime prop bets based on closing odds posted by online sportsbook Bovada.
The Rams led the NFC with 32.9 points per game in the regular season, while the Patriots were second in the AFC at 27.3 points per game. The high-octane offenses generated a game total of (57.5), so when the teams hit halftime with New England holding a 3-0 lead, Under bettors were celebrating early.
The Patriots had opened at (+1) before heavy action pushed the line all the way to (-3), but they covered all of it and more in a suffocating 13-3 victory.
Before the punt-fest commenced, prop bettors were sweating Gladys Knight’s rendition of the Star-Spangled Banner. The total length of her national anthem performance was set at 1 minute and 47 seconds, which was spot on as Knight hit her “… the brave” right around that mark. But when the “Empress of Soul” decided to riff and add a second “brave” – the cutoff used by most sportsbooks to settle this popular prop – bettors on both sides weren’t quite sure who won.
Various operators used their advertised “first brave” demarcation, while others allowed the extended finale to send Over bettors the win. And over at the BetOnline sportsbook, both sides were paid out to send everybody home happy – except for Rams fans of course.