We are just six days away from Super Bowl 47, and the NFL Odds are slowly settling down to where they will close by the time kickoff takes place on Sunday. After opening at -4, it seems almost 2/3 of the books have it down to -3 ½ Niners, which is where I thought it would end up.
Review my early report on the Super Bowl betting odds.
While I don’t think the spread will move much more from where it has been virtually all week, something to note from the weekend is that it looks like everything is evening up. Before this weekend, the Ravens were clearly the public favorite, while the Niners were only keeping pace because of how many big bets they have taken.
As of Monday morning, the Niners are catching up, both in public bets and in money. About 60% of the money being wagered last week was on the Ravens, and now they are only taking about 55% of the total money. There are still more big bets being placed on the 49ers by 2/1, although that has been shrinking all throughout the week.
Now, if enough late and heavy action hits the Niners as the week comes to a close, you might also see some late line movement, moving the Niners up to -4 again, or even -4 ½. However, it seems like the last time that almost happened, bettors pounded Ravens +4.
I think we have seen the last of the movement for the Super Bowl, but things can change. A couple of big bets will do the trick, but we are talking really big ones to get this particular line to move. This could be one of the most wagered on Super Bowls in the last four to five years.
Be sure to check out our:
NFL Picks: Super Bowl Betting Picks on the Spread