2009 Picking Winners in Super Bowl Odds

What most people forget about Super Bowl betting is that the sportsbooks usually win money. Last year was a rare exception when the sportsbooks lost in Super Bowl betting.

Super Bowl odds history shows that the really bad loss for the sportsbooks occurred in 1979 when Pittsburgh opened as a 3.5 point favorite against Dallas, the Super Bowl odds moved to as high as 5 and the game landed on four. Most gamblers in Super Bowl odds won in that Super Bowl and the books got crushed. It is still known as Black Sunday in Las Vegas.

Super Bowl history shows that the most heavily wagered on Super Bowl took place three years ago when the Steelers and Seahawks matched up. Second on the list was the Colts and Bears game two years ago.

Super Bowl betting history tells us that the underdog has won the Super Bowl outright only 11 times. Against the Super Bowl odds it is almost a 50-50 split with the favorites holding a slight edge. Underdogs are on a nice 5-2 run against the Super Bowl odds though including the second and third biggest Super Bowl betting upsets of all time as The Patriots upset the Rams in 2001 and the Giants upsetting the Patriots last year.

Did you know that the bye week helps the favorite in Super Bowl odds? With the media hype nowadays the chances of having only a one week break between the NFC and AFC Championship games is small. It has happened only seven times in recent Super Bowl odds history. The underdog is 5-1-1 against the Super Bowl odds whenever there is only one week between games. With a two week break the favorite has covered the Super Bowl odds about two thirds of the time.

Super Bowl stats show that teams making their first ever Super Bowl appearance don’t fare very well. They are 8-18 straight up and 9-17 against the Super Bowl odds. In the last 11 years only two of the seven first time Super Bowl teams won, Baltimore and Tampa Bay.

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