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Super Bowl: Betting options abound, including in New Mexico

ATLANTIC CITY, N.J. – With legal sports betting continuing to spread in the U.S., Sunday’s Super Bowl between Kansas City and San Francisco is likely to be among the most wagered-on championship games ever.

The gambling industry’s trade association, the American Gaming Association, estimates $6.8 billion will be bet legally and illegally on the game. It says 26 million Americans plan to make a bet, up 15% from last year. And a survey by the online bookmaker DraftKings found 78% of respondents say they’re more likely to watch the whole game if they have a bet on it.

While many football fans are old hats at betting on the big game, through means legal and otherwise, the Feb. 2 game will be only the second since a U.S. Supreme Court ruling that opened the door for all 50 states to offer legal sports betting. So far, 14 offer it, and there are options in New Mexico.

At the sportsbook at Route 66 Casino, which opened in September, its staff is in its first year for the Super Bowl.

The betting on the big game has seen “very high volume,” greater than the action that took place during the NFL regular season, said Adrian Fox, assistant GM at Route 66 Casino and Hotel.

“We are starting to see a good amount of action, a lot of traffic and a lot of winners,” Fox said on Thursday. “It’s been growing every week. The Super Bowl is certainly getting a lot of action. We got our prop bets out and that is drumming a lot of interest. We have over 200 prop bets.”

Route 66 has raised its betting limit to $3,000 for Sunday’s game. The typical limit regular season limit is $1,000.

Fox estimated an even amount of bets coming in on the 49ers and Chiefs.

“I’m sure when it gets closer to the game there will be more interest in one team or the other,” Fox said. “We have a real big 49er fan base here. We see a lot of 49er fans in the sports bar. We also have some Chiefs fans. This season, we’ve gotten a lot of action on the Raiders and the Cowboys.”

He said there is no cover charge to watch the game at the Stadium sports bar and a $10 admission fee to watch the game in Legends theater, where there will be an all-you-can eat buffet.

Santa Ana Star Casino’s sportsbook, which opened in October 2018, is in its second year of betting on the Super Bowl.

Neither Santa Ana nor Route 66 would not provide specific amount of money drawn for the Super Bowl.

“I can say that this entire NFL season our handle has been right on par with last year,” said Ryan Heinis, director of casino games at Santa Ana. “As far as the Super Bowl goes, the betting public is split on the teams and is favoring the over on the total. … We have an entire packet of props, and we have somewhere in the neighborhood of a couple of hundred different bets available.”

Santa Ana will have viewing parties in its Cantina Rio restaurant and Lounge 54 bar. The parties will also have drawings for prizes, including a signed Deshaun Watson helmet.

Here is a guide to betting on the big game between the Kansas City Chiefs and the San Francisco 49ers. We will deal here only with legal options from sports books approved and regulated by government authorities in the U.S.:

• The most popular bets continue to be on the point spread (the number of points by which a team must win the game in order for the bet to be a winner) and the total, also known as the over/under (the total number of points scored by both teams).

Contrary to popular belief, the point spread is not a consensus on how many points oddsmakers think one team will win by. Rather, it is a number designed to generate as close to an equal number of bets on both sides as possible. That way, the oddsmakers are guaranteed a profit through a cut of the action, called the vigorish, or “vig.” (Many books, hoping to sound less wiseguy-ish, call it “the price.”)

Most sports books will keep about 10% of a winning bet before paying you the rest, but they keep 100% of all losing bets. Prices on Super Bowl bets can vary significantly, so it pays to shop around to get the lowest price you can before making a bet.

If you believe the game will be a high-scoring affair, you might want to make a bet on the total, which recently was set at 54½ points. That means if you bet the over, both teams combined must score at least 55 points for your bet to win. If it doesn’t, people who bet the under will win.

• Don’t like the odds you’re being offered? There are alternatives, but they can be costly. Many sportsbooks offer so-called teasers in which you can move the line up or down by 6, 6½, 7 or more points on at least two combined bets.

A typical bet might be taking the 49ers, who are already getting 1 point, and teasing the spread up to 8, meaning Kansas City would now have to win by nine points. The other half of the teaser could involve lowering the total from 54½ to 47½, meaning both teams combined would have to score at least 48 points. The tricky part about this is BOTH bets must win in order for your teaser to be a winner. If your team covers the 8-point spread but both teams only combine for 42 points, your bet loses.

• If this sounds like a lot to take in, there are much simpler ways to bet on the game, including some aimed at the casual fan or even someone who knows nothing at all about football.

A perennial favorite is betting on the coin flip at the start of the game to determine which team can choose to get the ball first. There are only two choices: heads or tails, and it comes before the game even starts for those impatient to know whether their bet is a winner.

This is what’s called a proposition or “prop” bet. It involves betting on whether a particular event will or won’t happen during the game. They can be disarmingly simple, such as guessing which team will get the ball first, whether the first score of the game will be a touchdown or a field goal, and whether or not the game will go into overtime.

Prop bets based on a particular player’s performance are always popular during the Super Bowl. You can bet on whether Chiefs quarterback Patrick Mahomes will pass for over or under 299 yards, how many catches Chiefs tight end Travis Kelce will have and how many receiving yards Kansas City wide receiver Tyreek Hill will gain.

On the San Francisco side, you can bet on whether quarterback Jimmy Garoppolo will throw for more or less than 247 yards, whether he’ll throw more than one touchdown pass and whether running back Raheem Mostert will score a rushing touchdown.

The props can get involved, though. Bets include which will be longer, the longest successful field goal or the longest caught pass. And there are reams of bets comparing the performances of two players against one another. Some bets also compare player performances in the Super Bowl to the performance of basketball or hockey players – and even Australian Open tennis – in action over the weekend.

The Journal’s Steve Virgen contributed to this report.

 

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