William Hill sports director Nick Bogdanovich aforementioned ‘there is not any explanation’ to the rash of major bets placed prior Super Bowl lii on Sunday.
the large cash is on the philadelphia Eagles so far.
William Hill — that operates over one hundred sportsbooks in NV and a whole lot a lot of worldwide — has taken 3 bets on the Eagles of $1 million or more since Monday, the newest coming friday afternoon. That $1 million money-line wager was created by the same bettor who placed a $1 million wager the Eagles on Monday.
William Hill sports director Nick Bogdanovich told USA nowadays Sports “there is not any explanation” to the rash of major bets placed prior Super Bowl lii on Sunday. William Hill, that has operated in NV since 2012, had solely taken one previous bet of $1 million or a lot of before this week: a $1.2 million wager on Floyd Mayweather in his bout against Conor McGregor in August.
“This is very unusual,” Bogdanovich asid. “This game is crazy. Sports betting is at an incomparable high and therefore the economy is good. There’s tons of interest during this game.”
ESPN additionally reported that MGM’ sportsbook accepted a “multimillion” bet on the Eagles as well.
It’s not odd that the Super Bowl attracts large bets — though it’s rare for thus several to be on top of $1 million — and much of these bets are created on the cash line (a straight-up bet) versus the spread. whereas a better is obtaining 4.5 points on Philly (meaning the Eagles might lose by four or fewer points and still win a point-spread bet), the payout is equal — minus the sportsbook’ cut — to the cash wagered.
With the money line for the Eagles set at +155 because it stood on Saturday, a $1 million bet would end in a $1.55 million profit.
Bogdanovich aforementioned he expects all the sports books in NV to require in a very record $155 million in bets before the 6:30 pm kickoff. The previous high to this point for a brilliant Bowl was $138.48 million, that was wagered on last year’ Super Bowl.
And an enormous chunk of that so far has been bet in favor of the Eagles.
William Hill reports regarding 85% of the cash to this point has been wagered in points unfold bets on Philly and about 79% of the money line bets are placed on the Eagles.
that sort of exposure has Bogdanovich truly concerned.
“There’s absolute confidence we have a tendency to are attending to be maturation for the Patriots,” Bogdanovich said. “About 90% of the time we root against the Patriots, however we want them to win now for sure.”
beside the 2 $1 million money line-wagers, William Hill also took a $1.6 million point-spread wager weekday from a better who picked the Eagles to hide the 4.5-point spread. The bet was placed at a William Hill sportsbook within the Bahamas.
Bogdanovich aforementioned he expected more cash to be wagered on the Patriots as game time approaches.