We have LINE MOVEMENT! After the Eagles opened as a six-point underdog in most Las Vegas sportsbooks late Sunday night, early action has the line currently trending in their direction ahead of next Sunday’s showdown with the Patriots:
A bettor on Wednesday placed a multimillion-dollar bet on the Philadelphia Eagles at an MGM sportsbook, according to vice president of race and sports Jay Rood. Rood would not reveal many of the details, including the exact amount and whether the bet was a money-line or straight bet on the point spread. The Super Bowl line, however, did drop from Patriots -5.5 to -4.5 around 5 p.m. at MGM sportsbooks.
It’s still way too early to draw any meaningful conclusions about the line shift. Given the pure volume of bets and amount of money that will be wagered between now and Super Bowl Sunday, some turbulence should be anticipated. Still, some may be surprised to learn that substantial early money is coming in on the Eagles, but this aligns with the relatively favorable prognosis regarding their chances delivered by some experts this week.
The Action Network writes about how the last time New England was getting such little betting support was Super Bowl 42, against the Giants:
That was also the only Super Bowl involving the Patriots in our database (beginning with Super Bowl 38) in which New England received as little public support as they are getting right now. [Roughly 57% of the bets are on the Eagles to cover the spread.]
Though there is still plenty of time for bettors to hop on New England, the public is fading the Patriots in the early going. This is just the opposite from last season, in which the Patriots received 62% of spread bets—the second highest that we’ve tracked for the Pats in the Super Bowl. Interestingly enough, in the six Super Bowls on file, they’ve covered both times in which they received more than 60% of bets while not covering the remaining four.
I think many are starting to notice the Eagles sort of have this Michael Myers/Halloween thing going on. Every time you think they’re dead, they keep getting back up, only with increasing anger, and, somehow, more effectiveness. Darren Sproles? Bang-shot in the leg. Jason Peters and Jordan Hicks? Bang and bang—two in the chest. Carson Wentz? The body is now sans head. No matter. They’re still coming and they’re scary.
Personally, I’ve been thinking a lot about how to bet this game. Is it smart to run the risk of aligning money with the heart? I’m not sure I can handle a simultaneous crushing blow to my soul and the little remaining in my bare bank account. What about betting against the Eagles? Is there any amount of money that could offset the sting of losing to this fucking team again? A few hundred bucks wouldn’t do it for me. I think I’ll just place some thoroughly researched and calculated prop bets that will inevitably fail as I watch some idiot across the room hit on their $25 block pool after the first quarter ends in a 3-2 score.
Yeah, that sounds about right.