LOS ANGELES: Super Bowl 50 punters are picking the Panthers, with an estimated 80 percent of money wagered on the NFL title showcase as of Thursday (Friday in Manila) backing Carolina to beat the Denver Broncos.
The American Gaming Association said on Wednesday that Americans will bet $4.2 billion on Super Bowl 50, which will be held February 7 at Levi’s Stadium, home of the San Francisco 49ers.
Of that, 80 percent of the “public money” will be wagered in the three days before the game, and Las Vegas sportsbooks and casinos partner to throw extravagant Super Bowl parties.
The betting line for the opened Sunday night with the Panthers as four-point favorites.
One bettor wagered $623,142.25 at William Hill US on the Panthers to win straight up at -190 odds. The bet would pay $327,969.60 if the Panthers prevail.
ESPN reported that by Thursday morning the Panthers had become 5.5 favorites thanks to the money backing them.
In 2014, the AGA reported $115.9 million was bet on the Super Bowl at Nevada sportsbooks. The house won $3.2 million when the New England Patriots Patriots defeated the Seattle Seahawks 28-24 in Super Bowl XLIX in Glendale, Arizona.