The action on the Alliance of American Football at Las Vegas sportsbooks exceeded expectations in pregame and in-play wagering in the first week of its inaugural season.
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With one weekend of games under its belt, the AAF has already drawn interest from some bettors — not nearly the action of a typical NFL game but enough to encourage sportsbooks that the fledgling league’s games are worth offering on a betting menu.
A game that set a Super Bowl record for futility fell well short of setting a Nevada record for betting handle. The books won $10.7 million on the game, which was the lowest-scoring Super Bowl ever, for a 7.4 percent hold, or win percentage.
South Point bettor wins a 400-1 prop on a $250 bet when Greg Zuerlein misses 48-yard field goal with five seconds left in Rams’ 13-3 loss to Patriots in Super Bowl LIII.
One index prop that always gives the books a huge liability is for either team to finish with two points, which pays 10,000-1 odds.
A late flurry of money poured in on the Rams and Patriots before Super Bowl LIII, including at least three $1 million-plus wagers, giving bookmakers reason to believe the total amount wagered in the state could eclipse last year’s record of $158.6 million.
The total opened at 27½, before quickly moving to 28 following the second lowest-scoring first half in Super Bowl history (the Steelers led the Vikings 2-0 at halftime of Super Bowl IX in 1975).
MGM Resorts, Caesars Entertainment, the Westgate, Boyd Gaming, CG Technology and Station Casinos sportsbooks all need the Rams to cover.
Despite a late flurry of money on the Rams, including wagers of $2 million and $1.5 million, Las Vegas sportsbooks needed Los Angeles to cover the spread against the Patriots less than 24 hours before kickoff of Super Bowl LIII.
New England is 5-3 straight up in Super Bowls with Tom Brady and Bill Belichick but 2-5 ATS (the line on its 28-24 win over the Seahawks in 2015 closed at pick ’em).