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The Conscience of Thoroughbred Racing

PUT A LID ON IT

By Marc Lawrence — Despite an estimated 23.2 million Americans planning to bet on Super Bowl LV, combining to risk potentially $4.3 billion, an expected decrease of approximately 37% in overall handle from last year is on the horizon. As reported by David Purdum of ESPN, according to research by the American Gaming Association, the ongoing coronavirus pandemic looks to have a major impact on wagering in this year’s Super Bowl between the Kansas City Chiefs and the Tampa Bay Buccaneers. Surprisingly, since last year’s Super Bowl, seven more jurisdictions have launched legal sports betting markets: Colorado, Illinois, Michigan, Montana, Tennessee, Virginia and the District of Columbia. Legal sportsbooks are now operating in 20 states and the District of Columbia. This year’s Super Bowl is expected to generate the largest, single-event legal handle in American sports betting history. With it Las Vegas retail sportsbooks, typically packed on Super Bowl Sunday, are bracing for any potential decrease in in-person betting. An estimated 1.4 million Americans could bet in-person at sportsbooks this year, down 61% from 2020. Read more here.
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Mattress Mack is hoping the Kansas City Chiefs don’t burn him and his wallet in two consecutive Super Bowls. The big-money bettor – Jim McIngvale, owner of the Gallery Furniture chain – flew from Texas to Colorado late Wednesday night to wager $3.5 million on the Buccaneers to cover +3.5 against the Chiefs. The bet is split two ways: one at $3,388,136.54 to win $6,064,764.41 another at $47,863.46 to win $85,675.59. If Tampa Bay covers, McIngale would win $6,150,440. t’s the biggest bet placed on the Super Bowl this year.

Grinding Out The Profits

From the Playbook Super Bowl Report: As we alluded to in past issues of our PLAYBOOK SUPER BOWL REPORT, we’re well aware that “defense wins championships”. That’s because the team with the most total yards in the Super Bowl is 41-13 SU. It goes hand- in-hand with the fact that teams with the better defense have won 44 of the 54 Super Bowl games. Tampa Bay brings the league’s seventh-ranked defense into SB LV (KC #15), while the Chiefs counter with the NFL’s top- ranked offense (TB #5). For what it’s worth: Tampa Bay limited 6 opponents to season low – or 2nd low – yardage this season while Kansas City limited 2 foes to the same. The Bucs gained season high – or 2nd high – yardage on 5 foes this season. The Chiefs did the same against 4 opponents this campaign.
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