Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Super Bowl Wrap Up
Ths Sports Economist ^ | Sunday, February 07, 2010 | Brad Humphreys

Posted on 02/09/2010 12:36:28 PM PST by 1rudeboy

The Saints beat the Colts 31-17 for their first Super Bowl victory. It was a thrilling win, with the outcome in doubt until Tracy Porters' 74 yard "pick six" with 3:12 left in the game and the Colts driving for the potential tying score.

The other big winner in this game was sports books. Evidence shows that bettors love two things: favorites in point spread betting and the over on total betting. According to sportsbook.com, as of about 4pm Eastern on Sunday the line was the Colts -5 and the over-under was 57. Based on action at off-shore sports books, 63% of the sides betting was on the Colts, and 66% of the totals betting was on the over. The Colts didn't cover, and the 48 point total was well under 57. Given the bet-110-to-win100 payoff structure on sides and totals, and the fact that the Super Bowl is the most popular sporting event to bet on all year, that translates to a big payday for sports books.


TOPICS: Science; Society; Sports
KEYWORDS: colts; nfl; saints
Navigation: use the links below to view more comments.
first previous 1-2021 last
To: Isabel C.

They sucked, OK? I never claimed I paid to watch them suck. But they sucked. It was free, but they sucked. Get it?


21 posted on 02/10/2010 1:16:41 PM PST by ozzymandus
[ Post Reply | Private Reply | To 20 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson