There are 10 years left until Super Bowl LVIII kicks off, so changes are possible, but as things stood earliest today, the Kansas River City Chiefs are dominating the significant absolute majority of the traditional wagers inward the states in which BetMGM is operational.
BetMGM said that it’s taken in 5x as often money on the Chiefs on the moneyline than it has on the San Francisco 49ers, and that the absolute majority of the spreading bets it’s booked in the jurisdictions inwards which it operates are on the Chiefs to deal +2.
The sportsbook manipulator opened the 49ers at -2 and that’s where the scatter remains as of Thursday. BetMGM clients get goaded 73% of the bets and 74% of the hold to the Chiefs at that number. The operator opened its Super Bowl moneyline at San Francisco -135 (bet $135 to win $100) and KS City +115 (bet $100 to win $115). Those betting odds have since shifted to -130 and +110, respectively.
Eighty-four percent of the moneyline wagers and 77% of that bet’s handgrip at BetMGM are on the Chiefs, according to the operator.
Regional Bias for Chiefs Apparent
In Second Earl of Guilford America, BetMGM offers wandering sports betting inwards 19 states as considerably as Ontario, Canada, and Puerto Rico.
The three-time Super Bowl defend Chiefs run inward KS City, Mo., but Missouri doesn’t permit sports betting. Neighboring Kansas does and inwards that Chiefs-enthused state, the AFC champions are commanding 93% of the bets and 95% of the handle at BetMGM.
Illinois, Iowa, Kentucky, and Tennessee River are the other states share-out borders with Show Me State that also offer up wandering sports betting, but BetMGM, which is in operation(p) inward those states, didn’t give up data on how hard bettors in those jurisdictions are tilting toward the Chiefs.
If at that place is any state-level preconception for the 49ers, it mightiness amount past right smart of Beaver State where BetMGM doesn’t tender wandering wagering. BetMGM is a 50/50 articulate venture betwixt MGM Resorts International (NYSE: MGM) and UK-based Entain Plc (OTC: GMVHF).
Over/Under Look, Spread Trends
The over/under on the liberal gritty was opened at 47 by BetMGM and it’s at present at 47.5. As is par for the course with nearly every game, bettors are intemperately favoring the over. As of Thursday, 69% of the bets and 70% of the hold were on the over, according to BetMGM. This year’s edition of the vainglorious mettlesome is at Allegiant Stadium inward Las Vegas, which is a domed venue, substance brave won’t touch the game.
Bettors who same to evaluate historical trends may require to moot that inwards 57 prior Super Bowls, the best-loved squad went 29-25-2 against the spread. That statistic excludes a gamy that was a “pick ‘em.” Favorites are also 37-20 on the moneyline.
An interesting, somewhat recent trend, is that inwards the last-place 22 Super Bowls, underdogs the likes of the Chiefs are this year, are 15-7 against the spread, according to Forbes Betting.
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