After significant movement during the off-week following the conference title games, the Super Bowl point spread has started to stabilize with the New England Patriots as 1-point favorites over the Seattle Seahawks, according to Oddsshark.com.
Super Bowl 2015: Patriots holding steady as 1-point favorites
The Super Bowl point spread has settled in at New England minus-1 despite heavy betting action on the Patriots.
The line is holding steady despite significant betting action on the AFC champion in Vegas, according to ESPN.com’s David Purdum. The Westgate SuperBook reported having twice as much money laid down on the Patriots as the underdog Seahawks, and four times more money had been bet on New England than Seattle at sportsbook operator CG Technology. However, the betting was more even at the MGM, with only slightly more dollars going to the Patriots.
Although most Vegas sportsbooks have settled on the Patriots as 1- or 1.5-point favorites, Seattle backers can still get a good deal at some online offshore books. For example, Bovada has the Seahawks as 2-point underdogs.
The over/under has also barely moved in recent days, with the consensus total at 47.5 for most of the Vegas sportsbooks monitored by Oddsshark. The action on this wager is nearly split-even, with the over currently getting 53 percent support.
Now that the lines have started to hold firm, it’s worth checking out a few recent betting trends in the Super Bowl. The underdog has actually won the last three Super Bowls, while the favorites are just 4-10-1 ATS over the last 15 Super Bowls. The Patriots have failed to cover in their last four Super Bowl appearances, while the Seahawks won it all as underdogs last year.
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