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The Super Bowl is the most bet on event in the calendar. Furthermore, it appears punters will place their money on almost any category with any odds. Indeed, each year more and more obscure and bizarre bets are placed.
This year participants can wager on categories such as the color of the Gatorade the winning coached will be soaked in after the game. Even more trivial is whether the Rolling Stones will perform stoned on their half-time gig or even if a player will moon the audience. These and much more are up for your bets. These prop bets, as they are called, are gaining in popularity. Nevertheless, conventional bets such as which team will take home the trophy is rampant all over the internet.
Professor at the University of Nevada, and author of Gambling in America: An Encyclopedia points out the public truth that for Americans, the Super Bowl is far more fun if you have made some type of bet on it.
Most Americans must agree with this statement. The Super Bowl is expected to fuel over $500 million in online bets and close to $100 million in Nevada. For online sportsbetting site BetOnSports.com, the Super Bowl presents the biggest day for them, according to Kevin Smith the company spokesman. Indeed, the Costa Rica based operation handled a quarter million bets on last year's Super Bowl. They are predicted even more for 2006.
Many online sites have already recorded major bets. PinnacleSports.com, which operated from the Netherlands, has reported between twenty to thirty bets on the sites limit of $100,000. Alternatively, most will make more modest wagers through office pools. According to research, prizes for such bets rarely exceed $1,000.
E-gambling is still struggling to advertise through American media. This is due to the blurred legality issue surrounding the subject. This has made marketing an interesting and creative task. This is what led to the props betting. Props bets are generally considered sucker bets where the odds are on the house. Indeed, some bets are simply wacko such as the one suggestion aliens will come down to earth and request to watch the game. The odds on this bet are 15,000 to 1.
While many punters will throw some of their money on these bets there are two main, traditional bets that concern the majority. The first is the game's point-spread outcome and the second is the total point score.
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