If you've gone down the rabbit hole of Super Bowl prop bets in the past, then you're likely aware of one that shows up every year but still manages to be hilarious every time: the coin toss odds. It's been one of the most popular prop bets each year, and this time around it's no different. Bettors can put money on whether it will land on heads or tails.
Super Bowl 2015: Bettors favoring heads over tails in coin toss prop bet
If you want to bet on which way the coin toss will fall in the Super Bowl, it’s getting cheaper to go with tails.
Kirby Lee-USA TODAY Sports
But apparently there are so many people betting, and so many of them betting heads, that sportsbooks are making it cheaper to bet on tails in an effort to even action, according to RJ Bell of Pregame.com.
As you can expect, the actual odds for either are even as per the latest odds from OddsShark, at -105 for either. But that’s not the only thing you can bet on when it comes to the coin toss. You can bet on whether the Seattle Seahawks or New England Patriots will win the toss, whether the team that wins the coin toss wins the game, and whether the team that calls heads or tails will be correct.
That last one is a little redundant, given that we already mentioned you can bet on which team will win the coin toss, and we already know that the Patriots, as the designated visiting team, will be calling the coin toss. So if you think they’ll win the coin toss, then you think the team that calls it will choose correctly.
Strictly speaking, the coin toss bet is totally random, but there are several interesting stats out there. From 1998 through 2011, the NFC had 14 consecutive wins, and it’s 15-2 in its last 17 coin tosses. That number alone likely leads to a lot more bets. Despite the fact that there is no actual memory at play here and any pattern is coincidental, the coin toss can actually be a smart bet to take. It’s one of the top value bets out there, since bettors only have to go in at -105, so long as they know what they’re getting into.
See More:
