Here at FOX Sports, we like big bets and we cannot lie.
And nothing invites big bets quite like the Super Bowl odds market.
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Consider this space your one-stop shop to learn about all the major Super Bowl wagers and what the oddsmakers are saying about those wagers.
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We’ll update every day through Super Bowl Sunday.
And we’ve got a whopper to get started.
All Hail Caesars
On Tuesday morning, after a flurry of news about how all the early action was on the Kansas City Chiefs, it was the San Francisco 49ers taking the first truly major wager.
Caesars Sports reported that a customer in Michigan put $1 million on 49ers moneyline -120. It’s the first reported seven-figure wager in the Super Bowl LVIII odds market, but it surely won’t be the last.
If the 49ers beat the Chiefs, the bettor will profit $833,333.33, for a total payout of $1,833,333.33. Yeah, don’t forget that 33 cents at the end, as if it matters!
A Vegas sportsbook took 49ers bets of $105,000 on the moneyline (-105, for a $100,000 profit) and a $57,000 wager at -114 to win a $50,000 profit.
Check back regularly for more big-bet news and comments.
Patrick Everson is a sports betting analyst for FOX Sports and senior reporter for VegasInsider.com. He is a distinguished journalist in the national sports betting space. He’s based in Las Vegas, where he enjoys golfing in 110-degree heat. Follow him on Twitter: @PatrickE_Vegas
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