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Las Vegas Super Bowl odds offer less value

The betting odds on the 2008 Super Bowl at the Las Vegas sportsbooks offer little value, compared to their online counterparts.

Las Vegas Super Bowl odds offer less value By comparing the odds on the 2008 Super Bowl at the Las Vegas sportsbooks and the online bookmakers, it's easy to understand why so many people a choosing the offshore online sportsbooks to place their bets. Simply, there is no value to the bettors at the Las Vegas bookies. Let's look at some examples. The Las Vegas odds on the 2008 Super Bowl are showing the New England Patriots as the favorite to win the game with odds 1/5. Meanwhile, the online sportsbook Bodog Sports is offering odds on the Patriots to win the Super Bowl at 2/5. With the 2008 Super Bowl favorite, the difference is small, but if we take the rest of the NFL teams, the gap between the Vegas odds and the offshore odds is getting bigger and bigger. For example, the Las Vegas Super Bowl odds list the Dallas Cowboys and Indianapolis Colts with odds 4/1. Meanwhile the online bookie Bodog Sports has those two teams with odds 11/2. Considering that the Super Bowl in general is one of the most bet on event in the world, if you wager 1,000 (of whatever currency) at most of the Vegas sportsbooks and the Cowboys win the Bowl - your win will be 4,000, but the same bet at the offshore bookmakers will pay out 5,500.

 Here is the latest full list of the Las Vegas Super Bowl odds on average (to compare the Vegas odds to the online sportsbooks, follow the links at the bottom):

New England Patriots 1/5
Dallas Cowboys 4/1
Indianapolis Colts 4/1
Green Bay Packers 9/1
San Diego Chargers 18/1
Jacksonville Jaguars 20/1
Seattle Seahawks 25/1
Tampa Bay Buccaneers 33/1
Pittsburgh Steelers 35/1
Minnesota Vikings 38/1
Cleveland Browns 40/1
New York Giants 40/1
New Orleans Saints 60/1
Tennessee Titans 250/1
Washington Redskins 400/1
Carolina Panthers 5000/1

 Published on 12/20/2007

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 List of online bookmakers and sportsbooks




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