USA TODAY Sports
“We are in a flopped position now, it has been all Broncos since yesterday afternoon,” Jay Rood, vice president of race and sports for MGM, tells Covers.
Rood says their handle on the Super Bowl is only about $150,000 apart in terms of action on Carolina compared to action on Denver. Thanks to some larger wagers on the underdog over the weekend, MGM books are in a good place dealing the Panthers as 5.5-point favorites.
“We might have to go down to -5,” says Rood. “We were thinking Denver money might show up. If it keeps up like this, we might have to do something to attract Carolina money. I never thought I’d be saying that.”
Rood, whose headquarters is at The Mirage sportsbook, says that while the action has been hot and heavy since Friday, they have yet to take a $1 million wager on Super Bowl 50 – something that takes time and protocol to process and accept.
“Nothing over a million yet. A couple bets close to it but I doubt we get one. It would have likely come on Friday, what with wire transfers and all that,” he says.
MGM sportsbooks are currently dealing 44 on the total but were as low as 43.5 after some substantial action came in on the Under Saturday. But with the betting public gravitating toward the Over, as they do in most Super Bowls, Rood says the book will be cheering for the Under.