NFL: Super Bowl Betting Odds & History
Quite simply, the Super Bowl is the most wagered on
sporting event of the entire year.
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The Super Bowl XLVI matchup features the New England Patriots
favored by three points over the New York Giants. The over/under
line for the Super Bowl has opened at 55.5, making it one of the
highest totals in Super Bowl history. The highest over/under
line ever for a Super Bowl was two years ago when the New
Orleans Saints beat the Indianapolis Colts 31-17, a game that
obviously cashed for Under bettors.
This is the second time in five years that the Patriots and
Giants are meeting in the Super Bowl. In Super Bowl 42, the
Giants won outright as 12-point underdogs, pulling off one of
the greatest upsets in Super Bowl history.
Speaking of Super Bowl history, here are some pertinent betting
facts that will help you handicap Super Bowl 46.
Super Bowl favorites have won the game straight up 33 of the
previous 45 times. Interestingly, five of the 12 underdogs that
won the game straight up were of the double digit variety, the
last two being the Giants (Super Bowl 42) and the Patriots
(Super Bowl 36).
All-time, favorites hold a 25-18-2 ATS advantage in Super Bowls.
However, underdogs are on a 7-3 ATS run over the last decade.
Last year’s win and cover by favorite Green Bay snapped a 3-0
ATS run by Super Bowl dogs. Favorites dominated the early Super
Bowls, going 9-2 ATS the first 11 with the only two exceptions
being a pair of huge outright upsets by the AFL’s Jets (III) and
Chiefs (IV).
The NFC dominated the Super Bowl in the 1980’s and 90’s in a
fashion so stunning it’s almost hard to fathom. From 1982-1997,
the AFC won just ONE Super Bowl (the Raiders over Washington
38-9 in XVII), while going a pitiful 3-10-1 ATS. The NFC has won
three of the last four Super Bowls despite being an underdog in
three of those games.
New England is making its seventh all-time Super Bowl
appearance. They are 1-4-1 ATS (3-3 SU) previously with the only
cover coming in that huge upset of the Rams in Super Bowl 36.
This is the Giants’ fifth all-time Super Bowl appearance. They
are 3-1 SU/ATS with the only loss coming in a 34-7 drubbing at
the hands of that great Baltimore team at the end of the 2000
season.
Six times the pointspread has come into play in Super Bowl
history, meaning the SU winner failed to cover the betting line.
The last time this happened was Super Bowl 43 when the
Pittsburgh Steelers beating the Arizona Cardinals 27-23 as
seven-point favorites. Two of the other occasions involved the
Patriots during the Tom Brady era as they beat the Eagles 24-21
(-7) and the Panthers 32-29 (-7).
There have been two ‘pushes’ in Super Bowl history. The first
involved the Patriots in Super Bowl 31, a 35-21 loss to the
Packers as 14-point pups. The second was the Rams (-7) 23-16 win
over the Titans in Super Bowl 34. Nobody likes a push!
Super Bowl Totals are an amazing 22-22 all-time with no O/U line
recorded for the first Super Bowl game, which almost certainly
would have gone Over with a 35-10 final in favor of the Packers
over the Chiefs.
After the Over cashed in Super Bowl II, the Under cashed every
year from Super Bowl III through IX. The Under is also 5-2 the
last seven Super Bowls, though last year’s win by the Packers
against the Steelers went Over.
This will only be the ninth Super Bowl in history with a total
greater than 50 points. The Under is 5-3 in eight previous
instances, including 3-0 the last three. As previously
mentioned, this over/under line would be the second highest in
Super Bowl history and just the third at 55 points or greater.
The previous two both went Under, including the Giants upset of
New England which cashed by more than three touchdowns.
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