Online sportsbooks in Michigan had a successful day at the office with Super Bowl LVI now concluded.
Despite the state’s deviation from the national trend and placing higher bets on the Los Angeles Rams, oddsmakers ultimately came out on top.
In a low-scoring showdown, the Cincinnati Bengals secured a cover with a 23-20 victory, much to the dismay of the majority of sports bettors who came away empty-handed.
Golden Nugget Sportsbook MI cleans up on Super Bowl LVI
Sunday night marked the most significant betting event of the year for Golden Nugget Sportsbook in Michigan, and it turned out to be an ideal outcome for them.
The Bengals moneyline and Rams -4.5 or -4 were the sportsbook’s top two choices for the night. Close behind was the Over 48.5 points. Unfortunately, all of these bets resulted in losses.
Although Cooper Kupp winning the Super Bowl MVP was somewhat unexpected, it prevented the greater disappointment of Aaron Donald, Odell Beckham Jr., and Von Miller not winning despite their lower odds.
Several of the prop bets that were favored by bettors included:
Will both teams kick field goals of 35 yards or more?
The Bengals’ total number of first downs will be less than 20.5.
Will both teams score 20 points?
Odell Beckham Jr. is predicted to be the first player to score a touchdown, and the Rams are expected to be the winning team.
Seven-leg Super Bowl LVI parlay hits at BetRivers Sportsbook MI
On Sunday night, BetRivers Sportsbook had a fairly successful day, with some noteworthy wins for the bettors.
According to the sportsbook, the Rams received 58% of the total bets placed on the moneyline. However, when it came to the spread, 67% of the bets were placed on the Rams to cover, despite the fact that they were unable to do so.
At BetRivers, the over of 48.5 received 70% of the total handle.
At BetRivers in Michigan, the biggest victory didn’t involve much risk. A single bettor wagered $7,210 on the Rams +5, which had odds of -345 and resulted in a payout of just $9,301.
A fortunate bettor successfully won a 7-leg parlay with odds of +8000, earning a payout of $810 from their $10 wager. Let’s take a look at the winning combination:
Bengals +10
Over 42 Total Points
The first half spread for the Rams is -2.5.
The total number of points scored in the first half is less than 24.5.
The first quarter spread for the Rams is -1.5.
The second half spread for the Bengals is +1.5.
The total points scored in the second half will be less than 23.5.
Scary start, strong finish for BetMGM
Despite a nerve-wracking start with Beckham Jr. scoring the opening touchdown, BetMGM Sportsbook nationally witnessed a robust performance, making it the most bet on Super Bowl ever.
According to Jason Scott, the VP of Trading at BetMGM, the Super Bowl started off challenging for the company as Odell Beckham Jr. scored the first touchdown and the first quarter and first half had unfavorable results. However, the second half turned things around for the bookmakers. Scott mentioned that they were fortunate that the Rams won in regulation, as overtime would have been the worst outcome considering it was the most bet on Super Bowl ever.
In total, BetMGM received 71% of moneyline bets and 58% of the handle for the Bengals. Additionally, 60% of all bets and 59% of the handle were placed on the over.
On Sunday, there were a few remarkable winning bets made at BetMGM.
I bet $1 million on the Rams to have a lead of at least 0.5 points in the first quarter, with odds of +105.
I placed a $1 million bet on the Rams to win by at least 2.5 points in the first half, with odds of -120.
I placed a wager of $500,000 on the Rams winning the match with odds of -200, in Michigan.
Placing a bet of $200,000 on the Bengals with a spread of +4.5 (-110).
The amount of $130,000 is bet on Under 48.5 with odds of -110.
A single bet on the Rams to win the Super Bowl for $10,000 resulted in a payout of $120,000 at +1200 odds. Similarly, another individual won $100,000 by placing a $10,000 bet on Beckham Jr. scoring the first touchdown.
