New Jersey sportsbooks gearing up for Super Bowl LIV

The Super Bowl is still a more than a week away, but the New Jersey sportsbooks are already gearing up for what will be a huge Super Bowl Sunday betting event.

DraftKings, PlaySugarHouse, and FanDuel have the Kansas City Chiefs as 1.5-point betting favorites and all of the books have the total points line set at 53.5. William Hill has the Chiefs as a 1.0-point favorite.

As the excitement builds for the Super Bowl, bettors will be keeping a keen eye out for line movements. If the public is betting on one team more, look for that line to change.

The Super Bowl is the game with a ton of bets available and for Super Bowl 54 that is no different, with most NFL betting sites having over 400 wagers available. There are estimations that this season’s Super Bowl may bring in a handle of $6 billion including illegal gambling on the game.

The matchup is a great one with the dynamic aerial offense of the Chiefs facing the smothering defense of the San Francisco 49ers. The Chiefs are back in the Super Bowl for the first time after 50 years, while the 49ers are looking for their first win since 1995.

The Chiefs had 70% of the handle for the spread in the AFC title game at PointsBet New Jersey, but the Tennessee Titans had 91% of the moneyline bets and 79% of the total handle. The Chiefs had a spread handle of 69% at and 60% of the overall betting tickets. With the temperature of the AFC title game near zero, the total for the game went down from 52.5 to 51 and 57% of the bets made on the total were for the over.

According to PointsBet, there was a big bet made that Tennessee running back Derrick Henry would rush for 125 yards and have 16 receiving yards. That bet was a loser, as he rushed for 69 yards and -8 receiving yards after rushing for at least 182 yards in the first two playoff games.

In the last four NFL playoff games the favorite covered the spread and the total went over every time after the first six playoff games all went under.

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