The mystery bettor who beat Las Vegas sportsbooks out of millions of dollars on the 2017 World Series and more than $10 million in Super Bowl LII appears to be back in action on Super Bowl LIII.
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Lem Banker picked the winner against the spread in 20 of the first 23 Super Bowls in newspapers across the nation, including the Review-Journal. From 1973 to 1985, he picked 13 straight winners in the game.
My Super Bowl betting strategy is simple: I’m picking the Patriots to win a tight game, but I’m going to try for a “middle” by using the Rams in a 7-point teaser.
Will the Patriots or Rams score in the first 5½ minutes? The no on this prop is 8-0 in New England’s eight previous Super Bowls, with four of them featuring scoreless first quarters.
The wiseguys especially love LA getting 3 points flat, which means bettors can wager $110 to win $100 on the favorite or underdog.
Rhode Island was one of six states that legalized betting on sporting events last year after the U.S. Supreme Court allowed it, ending the effective sports gambling monopoly that Nevada had enjoyed for decades. It is the only state in New England that allows sports betting, making it a focal point for Patriots fans from around the Northeast.
Westgate sportsbook manager Ed Salmons estimates that about 80 percent of the Super Bowl betting handle will pour into the books Thursday through Sunday.
Three different Las Vegas sportsbooks made the Patriots 3-point favorites over the Rams over the weekend in Super Bowl LIII. But on Monday, William Hill was the only book still at 3.
In-play wagering is expected to eclipse pregame betting in the United States in four or five years.
Most Las Vegas sportsbooks already have posted odds to win Super Bowl LIV and the Patriots are the most popular team among bettors so far at the Westgate sportsbook.