Saturday, January 30, 2016

Super Bowl 50 Betting Update from Las Vegas: Big Broncos wager taken

Where is the betting number going to roll?
Update - 1.30.16 - 9:05 p.m. ET

Wynn sports book director John Avello said earlier in the week that he was looking for a sign that Broncos money was out there and when he moved the Panthers from -5.5 to -6 on Friday, he got that sign with a Denver wager he described as a high six-figure wager. The wager pushed the Wynn book back to -5.5 on Saturday afternoon.

"There's still a long ways to go -- we'll take 80 percent of overall wagers on the game Saturday and Sunday, " said Avello. "We're still long on the Panthers right now, but it wouldn't be out of the ordinary to see our position completely change from the first week. It happened last year."
The public is still loving the Panthers, but the frenzied pace seen when the number was first posted has leveled off. Like Avello said, there is a long ways to go and things could change drastically. It's apparent that some large money is willing to show their hand with Denver and +6 is acceptable. Other sharp outfits are still hoping +6.5 or +7 shows.

A solid indicator that Broncos money is still out there waiting is the action the South Pointtook on the Broncos money-line that dropped them from +215 to +180 (Panthers now -125). At the time, +215 was the highest price available in Las Vegas. Several books still have the Broncos at +200.

If looking to play the Broncos, it's quite possible that +6 may be the best number you'll find. We'll keep following this story all the way till kickoff.

Read More Here......Daily Super Bowl 50 betting updates on VegasInsider.com

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