Bettors are already looking downfield, circling Sept. 7 as the first game of the 2023 NFL season.
They know that the newly-crowned Super Bowl champion Kansas City Chiefs are the DraftKings-leading +600 to repeat and will host the league’s first game.
They also know that the Philadelphia Eagles, runners-up in Super Bowl LVII, are +900.
All 32 teams: Super Bowl 2024 odds
Bettors will also remember a Super Bowl that produced its first Over in five years, featured an Octopus, saw Patrick Mahomes gain the MVP, and the deciding score occur with eight seconds remaining.
Kansas City’s 38-35 triumph rewarded several expensive wagers.
Bettors cashed many six-figure bets across multiple sportsbooks.
- $550,000 on OVER 51 at Caesars in Nevada
- $547,000 on OVER 49.5 (-125) at BetMGM in Arizona
- $500,000 on Chiefs ML +105 at BetMGM in Nevada
- $420,000 on Chiefs ML +105 at Caesars
- $314,000 on Chiefs +3.5 (-157) alternate line at Caesars in Arizona
- $270,039.85 on OVER 50.5 at Caesars
- $225,000 on Patrick Mahomes Over 1.5 passing TDs (-225) at BetMGM
Jalen Hurts Rewards Super Bowl Bettors at DraftKings
While Mahomes rewarded MVP bettors, Eagles quarterback Jalen Hurts was a cash register for his DraftKings backers.
Hurts returned +700 to notch the first touchdown of the game.
In a development accenting the breathtakingly close aspect of a first TD, Hurts bettors had to sweat out an apparent score by Kenneth Gainwell.
On the game’s opening drive, Gainwell was ruled to have been down on the potential scoring play just inches shy of paydirt. Hurts then toted the ball in, and his backers collected twice — on the first and anytime touchdown scorer props.
Hurts rewarded his betting faithful again in the fourth quarter. His rushing touchdown and two-point conversion resulted in an Octopus, worth +1400.
Other Super Bowl Props That Cashed at DraftKings
Bettors also cashed in on the “doink”.
DraftKings reported that roughly 96% of bettors who placed bets in this market took “yes” for a kick to hit the upright or crossbar. Harrison Butker clanked his first-quarter field goal attempt off the upright and into a payout of between +450-500 across the books,
DraftKings also paid out Travis Kelce at -135, Isiah Pacheco at -135, and A.J Brown at +115 as anytime touchdown scorers.
Caesars Super Bowl Betting: Mahomes MVP, ‘Tails’ Big Wins for Public
Over 50.5 drew 58% of the tickets, with the Under attracting 61% of the dollars wagered, Caesars Sportsbook reported.
Underdogs are now 9-7 SU and 11-5 ATS in the last 16 Super Bowls, the book said.
Mahomes made many Caesars bettors happy by being named the game’s MVP (+130) and going Over his 2.5 passing touchdowns total (with three).
His favorite target, Kelce, also cashed many tickets by scoring a touchdown (-125) and going Over his receiving yards total of 78.5 (81).
Bettors at Caesars got off on the right foot when the coin toss landed on ‘tails’, which had received 67% of the pre-game handle.
“The public got off to a great start today,” said Caesars Sportsbook VP of Trading Craig Mucklow. “Tails was a huge win for the public. The coin toss cost us double, because the public had Kansas City winning the coin toss as well. As they say, ‘tails never fails.’
“Mahomes was a really big winner for the public on the MVP market and to go Over his passing TD total (2.5). Kelce going Over on the receiving yards and scoring a touchdown also made bettors’ day.”
Public Bettors Follow Their Hearts, Geographical Data Suggests
The game followed a buildup that had been dominated by Eagles sentiment. Caesars said that 17 of 19 jurisdictions in which it has mobile betting favored Philadelphia (-1.5) to cover the spread. In Wyoming, 99% of the handle landed on the Eagles.
Bettors were more divided on the moneyline.
The Eagles received the majority of the moneyline handle in 12 jurisdictions (Arizona, Colorado, Illinois, Louisiana, Michigan, Nevada, New Jersey, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia).
The highest percentages of money bet on each team’s moneyline were 96% for the Chiefs in Wyoming and 91% for the Eagles in Michigan.
Not surprisingly, the Eagles were heavily bet in both Pennsylvania and New Jersey.
On the moneyline, the Eagles received 58% of the handle in Pennsylvania and 68% in New Jersey. Philadelphia secured 88% of spread money in New Jersey and 89% in Pennsylvania, while both states also leaned heavily to the Over.
Kansas bettors, meanwhile, directed 93% of the cash to the Chiefs moneyline and 92% on Kansas City to cover the spread.
One notable prop was for Kansas City to win by 1-6 points. It paid +305.
BetMGM Escapes Seven-Figure Liability
BetMGM dodged some significant exposure.
The sportsbook was on the hook for a $1 million bet paying $800,000 on the Eagles moneyline at -125 before the Chiefs’ second-half rally bailed the book out.
BetMGM did return +275 on a $35,000-to-win-$96,250 ticket on the Chiefs to win the Super Bowl (+275). The bet was placed in January.
FanDuel Bettor Gains Big Score By Predicting Score
Just $10 turned into $2,810 for a gambler who predicted Chiefs 38, Eagles 35. It returned a sizable +2800 at FanDuel and thus turned a little into a lot.
PointsBet Pays Out on Top Players
The book reflected industry sentiment on the Eagles. PointsBet had 65% of the bet count and 67% of the money wagered on Philadelphia -1.5. The final line was a significant departure from the opening number of Kansas City -2.5.
It paid out -125 on Kelce, -115 on Hurts, and +135 on A.J. Brown as anytime scorers.