Sportsbooks mostly won big with Tom Brady and Buccaneers

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Sunday’s Super Bowl 2020 result — the Tampa Bay Buccaneers (+3) beat the Kansas City Chiefs 31-9 in a game that stayed Under the closing consensus total of 55 — produced a winning day for many sportsbooks but also a handful of big individual winners.

At PointsBet, 90 percent of the spread handle was backing the Chiefs -3 prior to kickoff, and most other sportsbooks reported heavy Kansas City money on the spread, with bettors backing the Tampa Bay moneyline. At William Hill US books, 63 percent of spread bets and 64 percent of the money were on the Chiefs -3. Roughly 70 percent of handle was on the Over at sportsbooks across the country, so a low-scoring game was very much in the bookmakers’ favor.

“The game was really good for us,” Chris Andrews, sportsbook director at The South Point, told VSiN.

With prop bets comprising more than 50 percent of the overall handle at some books, sportsbooks also did well on a few notable props. The Under cashing on Tom Brady passing yards (295.5) and Patrick Mahomes passing yards (325.5) was significant at multiple books, along with Tyreek Hill Under receiving yards (93.5) and Tom Brady Under 0.5 rushing yards.

“We were decent winner for the day,” Scott Shelton, Mirage shift manager, told VSiN. “We had a lot of big Chiefs money show up late and the Under was big as well.”

There were six $1 million wagers:

  • Houston furniture store magnate Jim McIngvale’s $3.46 million on Bucs +3.5 (-127) at DraftKings Sportsbook in Colorado (won).
  • $2.5 million on Chiefs ML (-165) at BetMGM (lost).
  • $2.3 million on Bucs + 3.5 (-115) at BetMGM (won).
  • $1.16 million on Chiefs ML (-155) at William Hill (lost).
  • $1 million on Bucs ML (+ 135) at BetMGM (won).
  • $1 million teaser on Bucs +9 and Over 50 (lost).

The Bucs were the worst-case scenario at several sportsbooks in the Super Bowl futures pool, including BetMGM, which had twice as much liability on Tampa Bay as Kansas City.

“Tampa Bay was the biggest loser for us in the futures in many jurisdictions,” Johnny Avello, DraftKings sportsbook director said on VSiN Sunday night. “Back east, midwest, it seemed like everyone had the Bucs.”

A few other notable bets:

  • One bettor at The Borgata in Atlantic City wagered $275,000 on the Bucs +0.5 (-125) in the first quarter. He won that wager, and then and then rolled his winnings into a $486,000 two-leg parlay of Tampa Bay + 7.5 in the second half and the second-half Under of 28.5. Both legs cashed and the bettor won $1 million.

“We ended in a great position for the full game, but we got crushed on the second half by that parlay that won a million,” Thomas Gable, sportsbook director at The Borgata told VSiN. “People were also pounding Tampa Bay plus the points on the second-half line. All in all, though, it exceeded my expectations and we wrote more business this year than last year despite restricted capacity.”

  • One BetMGM bettor won $8,100 off a $450 bet on Rob Gronkowski to score the game’s first touchdown at 18/1 odds
  • One New Jersey bettor at William Hill wagered $3,000 on Mahomes to throw zero touchdown passes at 15/1 odds. He won $45,000.
  • A bettor at PointsBet wagered $10,000 to profit $200 that the opening kickoff wouldn’t be returned for a TD.
  • One New Jersey bettor at William Hill loaded up on Sammy Watkins props: $6,666 to score first Chiefs touchdown at 15/1; $4,000 to score the game’s first touchdown at 25/1; and $1,000 to win the MVP award at 200/1. Watkins had one catch for 13 yards.
  • Tipico Sportsbook in New Jersey had a booster (69/1) for Gronkowski if he had exactly 69 yards receiving. It offered a $69 max bet. Gronkowski finished with six catches for 67 yards. It would have cost the book over $100K.

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