Las Vegas 2012 Super Bowl Odds: Prop Bets Galore and $87.5 Million Likely to be Bet
Depending on the sportsbook, Las Vegas 2012 Super Bowl odds were varying between New England Patriots -2.5 and -3. Obviously, if you are a Patriots fan, you’ll be looking to place your Super Bowl bet at the book offering the -2.5 line. (Find hundreds of Super Bowl prop bets online here at Bookmaker.eu, in business since 1985).
In the whole scheme of things, do the bettors really care about the actual Super Bowl line?
It’s all about those prop bets and, like the online sportsbooks, Vegas will feature a whole slew of them as well.
“You see people at Super Bowl parties holding one ticket on the game and six tickets with prop bets,” Jay Kornegay, Head of the LVH Las Vegas Hotel & Casino Sportsbook (formerly The Hilton), tells CNBC. “We have a couple of guys, who, every year, bet on every single prop. When you have hundreds of them, that can really add up.”
Indeed, Gambling911.com Head of Operations, Payton O’Brien, provides an indicator of just how pivotal a role the prop bets play when it comes to wagering on the Super Bowl.
“About every nine in ten Super Bowl-related search coming into the Gambling911.com website involved prop betting,” O’Brien noted. Thousands of searches an hour were already coming into the site well ahead of Sunday’s big game. “We’re not seeing a whole lot of ‘what’s the line on the Giants vs. Patriots’, which would normally be popular for other events due to the fluctuations we are seeing.”
Super Bowl prop bets helped deliver $87.5 million in wagers to Vegas last year and a whole lot more online.
Kornegay disclosed to CNBC that only around 30 props were being offered at the Hilton prior to the early 90’s.
Some popular propositions you won’t find in Vegas that you will find at long established online sportsbooks like Bookmaker.eu include how long it will take Kelly Clarkson to sing the National Anthem.
These types of bet offers are considered “unverifiable” by the NFL.
Between the online books and Vegas, coverage of the couple hundred Super Bowl propositions has the Gambling911.com crew working around the clock.
“People eat this stuff up and they know the place to come to find all the latest,” notes O’Brien.
- Don Shapiro, Gambling911.com
