Tuesday, January 29, 2013

Betting the NFL in Las Vegas (FRIDAY UPDATE): Early Super Bowl wagering going on Ravens

Betting is normally light for the Super Bowl with two weeks to go to the big game. But the betting lines started to pick up Tuesday in Las Vegas with most of the money going on the Baltimore Ravens who are still favored by 3.5 points over the San Francisco 49ers. Wagering is starting to get interesting with about 80-85 percent of Super Bowl betting expected to take place today (Friday) through Sunday,
"All the early money has come in on the Ravens since the line has dropped from as high as 5 to  3 1/2 now," said Mark Franco, a New Haven native who now lives the dream as a professional sports gambler in Las Vegas. "They expect the 49ers money to come late because most of the betting happens on Friday, Saturday and Sunday the weekend of the game."
As of Tuesday about 60 percent of the wagering was going on the Ravens according to VegasInsider.com. On Friday morning more money started going on the 49ers with that Tuesday number going down to 55 percent of  the wagering going on the Ravens and 45 percent on the 49ers.
"Sports book managers are talking about coming close to a record handle but we're not sure it will get there," Franco said. "We'll see what happens as Thursday and Friday aproaches."
The record handle for Super Bowl wagering in Nevada is $94.5 million set in 2006 when Pittsburgh defeated Seattle according to the Nevada Gaming Control Board, which regulates gambling througout Nevada..

Check the link below and see why yours truly believes this Super Bowl will be the first to go into overtime:


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