Super Bowl 53 Betting Market: Sharp, Public Bettors Pounding Patriots

Credit:

Mark J. Rebilas-USA TODAY Sports. Pictured: Julian Edelman.

Jan 22, 2019, 09:48 AM EST
  • Odds for Super Bowl 53 (Feb. 3 at 6:30 p.m. ET, CBS) have been out for 36 hours, and the Patriots remain a very popular choice.
  • New England is receiving more than 80% of spread bets and commanding 90% of money wagered, forcing sportsbooks to move the line to Patriots -2.5.
  • The over/under, which remains the highest in Super Bowl history, has dropped from 58.5 to 57.5 since opening.

Well, odds for Super Bowl 53 have been out for about 36 hours now and the Patriots remain wildly popular. I’m talking Pokemon in 1999, Angry Birds in 2010 and cryptocurrency in December 2017.

Will this fad fizzle out or will the bets on Tom Brady and Bill Belichick keep piling up?

Here’s all of the early data we’ve gathered for Super Bowl 53:

Super Bowl 53 Spread: Patriots -2.5

This line opened at a pick’em, and let me tell you … everyone picked the Patriots. (Rimshot sound effect.)

Within an hour after the line opened, I wrote about the initial hammering of the Patriots by both sharps and squares. Ten minutes after opening, the Pats were getting 83% of spread bets and 94% of dollars, a totally unsustainable level of support, right?

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