
"Seattle opened as a 3.5-point favorite before quickly jumping up to -4.5, according to DraftKings odds; the sportsbooks across the marketplace did not have a consensus opening spread, ranging anywhere from -3.5 to -5. Once the dust settled on the initial wagering Sunday night, Seahawks -4.5 or -5 emerged as the most common line. On the moneyline, Seattle is -230 to win the big game, with New England claiming +190 odds."
"As expected, the initial action is driven primarily by sharp bettors, whose wagers help shape and refine the market," Feazel said over email. "Once the line settles, recreational bettors begin to follow, with volume steadily building as kickoff approaches. This early professional engagement is a consistent and important part of the Super Bowl betting lifecycle and plays a key role in establishing efficient and competitive pricing for the broader customer base."
"Assuming the Patriots close as underdogs, it will break a streak of eight consecutive Super Bowls in which they've been favored; the last time they were an underdog in the NFL's championship game was 2002, when they upset the St. Louis Rams for the franchise's first title. That Super Bowl was also significant because it was the last time a team with +6000 preseason championship odds or longer won it all, according to SportsOddsHistory.com data."
Sportsbooks opened Seattle as a 3.5-point favorite before lines quickly moved, with most books settling on Seahawks -4.5 or -5. The moneyline lists Seattle at -230 and New England at +190, while DraftKings set the total at 46.5. Early wagering accounts for roughly five percent of the Super Bowl handle in the first 24 hours, with sharp bettors driving initial action and helping set lines before recreational bettors follow. If New England closes as an underdog, it would end an eight-Super-Bowl streak of Patriots favorites; the last similar longshot champion occurred in 2002.
Read at ESPN.com
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