This Las Vegas Weekly column explains how Super Bowl MVP wagering can be a lucrative (warning: fancy word ahead) "derivative" in sports betting:
Green Bay Packers quarterback Aaron Rodgers won the Most Valuable Player Award in Sunday’s Super Bowl, rewarding bettors who backed him at odds of about 3-2, or plus 150 (bet $1 to net $1.50). Of course, none of those wagers took place in Nevada casinos.
Saturday, February 5, 2011
On the Chris Andrews Show (ESPN Radio, Reno) on Friday, I predicted a 21-17 final in favor of Green Bay. We also went over some props. Mine are mostly unders and no-touchdowns, including: Driver under receiving yards, under receptions, no TD; Starks under rushing yards; Roethlisberger under passing yards; Wallace under receptions, no TD. One over: Number of different Packers with a rushing attempt, over 4.
Friday, February 4, 2011
It’s more fun, but less lucrative, to bet Super Bowl propositions like a fan rather than a “sharp,” or professional bettor. A typical fan will root for a Super Bowl that looks something like last Sunday’s Pro Bowl—an abundance of scoring, with a final score in the 40s. In betting Super Bowl propositions (“props” in gambling lingo), that mentality can translate into making some of the worst sports wagers of the year.