Gambling and sports two very different industries at first glance. Betting, increasingly represented in sport served as a form of entertainment and monetary gain since the days of the Greeks and Romans. Sport has permeated social institutions, families, schools, companies, and has the power to attract the attention of a mass audience. Man seems to have an innate need to play a game of chance. Sport is one way that man has satisfied that need.
Americans spent over $4 billion on Super Bowl bets last year. That number is expected to be even bigger this year. This year, the New England Patriots open as having a three-point favorite to beat the Atlanta Falcons in Super Bowl 51 happening in Houston on Feb. 5.
No strangers to being a Super Bowl favorite, the Patriots have gotten a betting edge four out of the last five times they appeared in the Superbowl.
This year, the football betting odds have the Patriots as the favorite in Super Bowl LI against the NFC champion Falcons. Atlanta will attempt to become the sixth straight Super Bowl underdog to win outright.
New England actually won the Super Bowl two years ago as a one-point underdog when they defeated the Seattle Seahawks 28-24 in Super Bowl XLIX.
The betting community should expect another close matchup as the Atlanta Falcons are the team with a top scoring offence while the Patriots are a team with the top scoring defense.
Some oddsmakers predict that this Super Bowl will be the highest-scoring one of all time.
That remains to be seen. Ryan is expected to attempt to become the first regular-season MVP to win the Super Bowl the same season since Kurt Warner in 1999, something not even Brady has done. However, Brady will be looking to become the first quarterback to win five Super Bowls.