One of the largest spectacles in sports is the Super Bowl, and it brings some of the largest betting America sees in the sports year.
Americans are expected to wager a total nearing $4.7 billion dollars on Super Bowl LII, according to the American Gaming Association.
But before a single bet is placed, before a slip is printed, supervisors and directors at the major casinos in Las Vegas set the lines and start the party.
In an interview with Eric Goodman and Les Shapiro of Mile High Sports AM 1340 | FM 104.7, Jay Kornegay, Vice President of the Las Vegas Hotel and Casino SuperBook gave an inside look at the recent trends surrounding Super Bowl bets.
“We opened the Patriots at 5.5 [point favorites] like 10, 11 days ago,” Kornegay said. “It was constant Philadelphia money from the get-go, and it drove it all the way down to 4.0. We’ve been at 4.0 since Monday but over the last couple days; we’re starting to see some Patriot money.”
Kornegay also spoke about a speculative number if injured Eagles quarterback Carson Wentz was playing in Sunday’s Super Bowl.
“It would’ve opened at about a pick-em, now with only a 4.0, 4.5-point spread. We possibly could see the Eagles being a 1.0, 1.5 point favorite if Wentz [was] in there.”
Click here to listen to the full interview with Jay Kornegay, including what he had to say about how the lines are set, where the money has been coming in and more, or listen to the podcast below.
Catch Afternoon Drive with Goodman and Shapiro every weekday from 4p-6p on Mile High Sports AM 1340 | FM 104.7 or stream live any time for the best local coverage of Colorado sports from Denver’s biggest sports talk lineup. Download the all-new free Mile High Sports Radio mobile app for Apple or Android.