The Super Bowl lineup is dissected throughout the 2 weeks leading up to the match. However, Rams and Patriots backers may be better off waiting until after the match kicks off to put their bets.
If Super Bowl LIII is a back-and-forth battle, there’s a really good chance a much better line will be accessible on both sides during in-play wagering than it had been in pregame.
“Whichever team you’re attempting to bet, if they’re trailing, you are going to get a better amount,” said Craig Mucklow, who helped pioneer the use of in-play
Betting 21 years back while working for StanJames.com, a United Kingdom sports book.
Welcome to in-game betting. In its infancy, sportsbooks and Las Vegas bettors have had to adapt to the latest wave in sports gaming.
If the Rams or Patriots rally to get a big comeback win, Las Vegas sportsbooks will surely have a hit against the fast-paced gambling alternative where the point spread, money and total line are constantly adjusted during a game.
“Each time a fantastic team is behind and return to win, it’s just a matter of how much we lose,” William Hill sports book director Nick Bogdanovich explained. “That’s across the board in each sport. When the Yankees or Red Sox reunite three or four runs and return to win, we’re dead.”
Bad beat for sportsbooks
Two years back, sportsbooks endured their worst in-play gambling nightmare when the Patriots stormed back by a 28-3 second-half deficit in their 34-28 overtime win over the Falcons in Super Bowl LI.
New England was 16-1 on the in-play money lineup as it trailed 28-9 at the third quarter, and William Hill bettors cashed 159 in-play wagers at odds of 10-1 or greater.
“You do not wish to get torched for seven figures,” Bogdanovich said.
A huge hit abroad betting has become increasingly popular in the United States together with the prevalence of mobile apps. It accounted for 22% of the overall wagering manage at William Hill at 2017 and Bogdanovich quotes that figure has since climbed to about 30 percent.
“It just keeps growing and growing, there’s no question about it,” he said. “People enjoy it”
In-play gambling gives gamblers the chance to hedge their pregame wagers, alter their pregame place, go for a middle and much more.
“You get to see the game and get a feel for the flow of the match. That’s more important than any statistical trends,” professional sports bettor Frank Carulli explained. “Occasionally I won’t bet the game to begin, I’ll just bet it in-game. Particularly in the bowl games, because some teams show up and some don’t.”
Mucklow, a mathematician having an advanced degree in odds, said he expects in-play gambling to surpass pregame betting from the U.S. in four or five decades.
“It won’t take long because people are at home and can bet on their smartphones,” he explained. “I don’t think that it will ever hit the heights of Asia, but I expect it to likely be a 65-35 split eventually.”
Mucklow is vice president of trading a Las Vegas-based company that provides sportsbooks with chances and data worldwide, for Don Best Sports. He also leads a group of 26 dealers who track the in-play odds . The affable Englishman gave the Review-Journal a behind-the-scenes look in making in-play chances this year throughout the Rams’ 38-31 win over the Vikings in September.