Super Bowl Odds

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We’re down to two and the books were right on the money. The first two teams that they had favored to win Super Bowl 41 are the two teams who are playing in it on Sunday February 4th. When Super Bowl Odds were first made available to futures bettors, the Indianapolis Colts were the odds on favorites to win Super Bowl 41. Then, when Indy’s defense began to struggle and the Bears will steam rolling their opponents, Chicago emerged as the favorite to raise the Vince Lombardi Trophy. Now that the big game is just days away, the books have made their original favorite a seven-point favorite in the game. This means that if you bet on the Colts minus the seven points, they must win by more than seven points for you to win your wager. If you bet on the Bears plus the seven points, the Bears can lose the game outright but if they keep the score under a seven point margin your wager will pay.

If you are a sports betting novice you may not know that you have to pay juice to your sports book. For example, at Bodog, the Colts are listed as seven point favorites with -105 juice. This means that you will have to wager 105 dollars to win 100. The Bears are listed as seven point underdogs at -115 juice. This means simply that you will have to wager 115 dollars to win 100. This means that the Colts are showing better value, if you think they will cover the spread, as you don’t have to risk as much to win.

Bodog has the total set at 49 points and it is asking -110 juice for both the over and the under so neither bet is showing better value than the other as far as dollars and cents goes.

I hope that helps you understand a little bit more about the Super Bowl lines. If you are looking to wager on Super Bowl 41, Bodog is a great online sports book coming highly recommended by Mr. Alexander.

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June 18, 2008

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