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Bodog.com Football Wagering - Superbowl XLI Futures - Online Sportsbook Betting

Super Bowl Betting Sportsbooks

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History tells bettors to take the Bears to cover, but not to win

Jan. 25, 2007

By Jason Brough
Bodog Nation Contributing Writer

Ever get the feeling oddsmakers just mail it in come Super Bowl time? The latest championship line - the Indianapolis Colts (-7) over the Chicago Bears - is the third 7-point spread in four years.

And it's not just a 21st-century thing, either.

Grossman

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Since 1967, the year of the first "big game", there have been seven touchdown-sized spreads, making it the most popular line of all. (Five times the spread's been a field goal.)

Of course, a 7-point line is hardly a rarity when it comes to football betting. In the NFL, seven is the second-most common margin of victory after three. During the 2006 regular season, 21 of the 256 games (8.2 percent) were decided by John Elway's number.

What's interesting for bettors to note, however, is how good Super Bowl 7-pointers have been for the books, with underdogs covering five and losing just one. (There was one push.)

Capitalizing on the public's propensity to back favorites, bet-takers have cleaned up when David ends up giving Goliath a fight.

Betting Results of Super Bowls With 7-point Spreads

Super Bowl Winner Loser ATS
XXXIX New England (-7) 24 Philadelphia 21 Dog
XXXVIII New England (-7) 32 Carolina 29 Dog
XXXIV St. Louis (-7) 23 Tennessee 16 Push
XXVI Washington (-7) 37 Buffalo 24 Fav
XXV N.Y. Giants (+7) 20 Buffalo 19 Dog
XXIII San Francisco (-7) 20 Cincinnati 16 Dog
X Pittsburgh (-7) 21 Dallas 17 Dog

With more squares than a Picasso getting down on the Super Bowl versus a regular-season game, it's not surprising then that the Colts are being given plenty to overcome (from a point-spread perspective, at least) for their game on Feb. 4.

Looking back on previous championship games with 7-point lines, there are, indeed, parallels to be drawn with the 41st edition.

Most recently, in Super Bowl XXXIX, it was the New England Patriots who were getting all the attention. With the word "dynasty" being bandied about in anticipation of Tom Brady and Co.'s third title in four years, no one was giving the Philadelphia Eagles much of a chance.

At the time, Brady was 8-0 in the playoffs, and even though Philadelphia's Donovan McNabb had superior stats in the 2004 regular season, most bettors felt the quarterbacking matchup favored New England. But it was McNabb who led the Eagles to the cover with a 30-yard TD pass to Greg Lewis with 1:48 remaining, making the final score 24-21. On the day, McNabb threw for 357 yards and three touchdowns. (No need to mention the interceptions and hyperventilating.)

Super Bowl Betting History

According to the Nevada Gaming Control Board, when the Patriots beat the Eagles in Super Bowl XXXIX, Nevada sportsbooks won $15,430,138 on $90,759,236 in wagers. The win and win percentage (17.0) remain records.

As was the case two years ago, there is a clear quarterbacking favorite when the Colts face the Bears. His name is Peyton Manning, the man who's now beaten the aforementioned Brady in three straight meetings. The question is, does Manning deserve the respect once reserved only for Brady?

While Manning's opposite number, Chicago's Rex Grossman, had nowhere near the numbers of the Indy quarterback in the regular season, it's interesting to note that the Bears' QB has better numbers in the postseason. Grossman has thrown just one interception to Manning's five. He also boasts a superior passer rating: 75.4 to 66.8. Both have thrown just two TD passes, but Manning has played one more game.

Not that any coach in his right mind would choose Grossman over Manning to lead his team, but what is it, exactly, that makes the former so worrying for bettors? The answer is turnovers. Grossman threw 20 interceptions in the regular season, third worst in the league behind Ben Roethlisberger (23) and Jon Kitna (22).

As far as relevant precedents are concerned, turnovers were the story of Super Bowl XXVI, the only title game in which a 7-point underdog failed to push or cover. In the 37-24 loss to Washington, Buffalo's Jim Kelly threw four interceptions and lost a fumble.

Back to the present, the problem with betting against Grossman because of turnovers alone is that his teammates more than make up for his mistakes. In the playoffs, the Bears have taken the ball away three more times than they've given it up. During the regular season, they were plus-8 in turnover margin. The Colts are plus-2 in the playoffs and were plus-7 in the regular season.

Super Bowl Betting Opinions

"I think one of the key factors John Q. Public will look at is, how can you take the Bears against Manning? Grossman does not look like a quarterback who can lead a team to a Super Bowl."

- Vegas Sports Authority handicapper Jim Kruger, to the Las Vegas Review-Journal (Jan. 22, 2007)

To reiterate, sportsbooks have been fortunate that just one 7-point Super Bowl favorite has covered. But they've also been lucky that only one 7-point underdog has won outright; four of those underdogs covered the spread while failing to win the game.

See, while history suggests the majority of this year's Super Bowl wagers will be placed on the Colts (-7), it also tells us there will be healthy action on the Bears with the moneyline. Fans of the underdog don't want to see their team merely cover the spread; they want a win, and they bet accordingly.

If the Bears beat the Colts, the moneyline will pay in the neighborhood of +190, which means it takes about half as much Chicago action to inflict the same amount of damage on a sportsbook as an Indy cover.

But doesn't the evidence suggest that 7-point Super Bowl dogs have little shot of winning? Not necessarily. The New York Giants in 1991 might be the only 7-point underdog to have won the Super Bowl, but plenty of others had their chances.

In Super Bowl X, Pittsburgh safety Glen Edwards put an end to a late Dallas rally with an end-zone interception of Roger Staubach as time expired. The Steelers won, 21-17.

In Super Bowl XXIII, it took a 92-yard drive with 3:10 left on the clock for Joe Montana and the San Francisco 49ers to beat the Cincinnati Bengals, 20-16.

In Super Bowl XXXIV, Tennessee Titans wide receiver Kevin Dyson fell one-yard short of tying the game on the final play of the game. The St. Louis Rams won 23-16, pushing the spread.

Finally, in Super Bowl XXXVIII, the Patriots needed a 41-yard Adam Vinatieri field goal with four seconds left to beat the Carolina Panthers, 32-29.

History tells us the Bears are a good bet to cover, or even win, on Feb. 4. Then again, the Super Bowl is supposed to be the place where history gets written. Not re-written.

Super Bowl XLI Schedule

* Who: Indianapolis Colts vs. Chicago Bears
* Where: Dolphin Stadium, Miami.
* When: Feb. 4, 6:25 p.m. ET (CBS)
* Point spread: Colts -7.
* Total: 49.5
* National Anthem Performer: Billy Joel.
* Halftime Performer: Prince.

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TOP PHOTO: Rex Grossman isn't getting much respect from bettors prior to the Super Bowl. (AP photo)


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