A great player helped to balance the action.
While there were already some six-figure bets on Chiefs, one player made a huge bet Tampa Bay Buccaneers as a 3.5-point underdog.
One player invested $ 2.3 million to win $ 2 million Tom Brady and Buccaneers.
Massive investment in Buccaneers
BetMGM reported some major bets on Chiefs. It was a $ 180,000 bet on the cash line, which would win $ 100,000. It was also $ 115,000 and $ 110,000 bet on the Chiefs at -3.5.
Then came the first reported seven-figure Super Bowl bet at BetMGM. Buccaneers must either win or lose by 3 or fewer points for the player to collect their winnings of $ 2 million.
“This was a bet we were very pleased to receive,” said Jason Scott, VP of Trading at BetMGM. “BetMGM had previously written several six-figure bets on Chiefs and the public is really behind Andy Reid and Patrick Mahomes. This great Buccaneers game has helped balance our book. ”
Even with the huge investment in Buccaneers, the line did not move. It’s still Chiefs -3.5 at BetMGM.
Kansas City gets the most stakes
As of Tuesday, 80 percent of the money was invested in the Super Bowl points spread in Kansas City. This is not a big surprise.
Chiefs are a popular team because of Mahomes and their star-studded offense. They can hurry and have rarely lost the last three seasons since Mahomes became the starter. Although the Chiefs had a streak of nine games without covering the spread before beating the Buffalo Bills in the AFC Championship, the players continued to take the Chiefs.
The Buccaneers came to the Super Bowl the hard way and won three straight road games. Given Tom Brady’s success story, Tampa Bay’s stars and their playoffs, you would think there would be a few more games on Tampa Bay.
The Bucs have not received love from many players so far. But a player really loves them in the Super Bowl.
“This was an effort we were very happy to receive. BetMGM had previously written several six-figure bets all on Chiefs and the public is really behind Andy Reid and Patrick Mahomes. This great Buccaneers game has helped balance our book. ”- Jason Scott, VP Trading, BetMGM
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