Denver gets early money and favorite role

Published on NewsOK Modified: January 19, 2014 at 10:13 pm •  Published: January 19, 2014
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LAS VEGAS (AP) — Oddsmakers had trouble picking the favorite in what figures to be one of the most evenly matched — and heavily bet — Super Bowls ever.

Bettors knew who they wanted, though, putting early money on Denver and making the Broncos a slight favorite to beat the Seattle Seahawks in most of this city's legal betting parlors.

Denver was favored by 1 point at several books in the early betting, while others had the Broncos as high as a 3-point pick. The move to the Broncos came after some books had initially made the Seahawks as much as a 2-point pick in the game.

"We're just trying to figure out what the market will be and get a feel of where money will go," said Jay Kornegay, who runs the LVH sports book and initially had the Seahawks favored. "At this point it doesn't take a lot to move the line."

At the South Point sports book, Jimmy Vaccaro was on the phone talking about where he thought the line was going to go when a bettor came to the window and put $25,000 on the Broncos. That moved the game from pick 'em to the Broncos being favored by 1 point, as the odds were adjusted to take in the bet.

"Take your best shot," Vaccaro said. "It's an intriguing matchup with no clear cut favorite."

Time was just running out in Seattle's win over the San Francisco 49ers when the first odds for the Super Bowl were posted at most books. Bettors quickly reacted by putting most of the early money on the Broncos in an initial burst of enthusiasm for a game so even that some think it will break the record of $98.9 million bet in Nevada's legal sports books last year.