Betting the Super Bowl
From Super Bowls to the World Cup, Michael "Roxy" Roxborough Makes the Odds for Las Vegas--and the World
From the Print Edition:
Jack Nicholson, Summer 95
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"I think we've done a good job," Roxy says a few days before Super Bowl Sunday. "We seem to have found a number that's bringing in some action on San Diego. Of course, we won't know where this is going until the Friday before the game. That's when the big money starts coming in."
Where would his money be if he were betting?
"I think a lot of wiseguys will be sitting this one out. But if I had to make a pick, I'd be taking the Chargers and the points. That's where the value is--and that's where you'll probably see the wiseguys betting."
A few days after the Super Bowl--which, to Roxy's surprise, attracted a record handle, including a single $2.4 million wager at the Mirage--America's line maker is circumspect. "We clearly did a good job. The consensus line never moved more than two points," Roxy comments. "We ended up winning the straight bets, the props, the halftime bets and the futures [bets made far in advance on who will win the Super Bowl]. But we got beat on the parlays--the 'favorite' and 'over' parlay. [Bettors who picked both 49ers and more than 52 points total earned 13-to-5 on their wagers.] Of the four scenarios, only one--favorite and over--beats us. And that's the one that came in."
He shrugs. "San Diego scores on their last drive, we go from a medium loser to a big winner." But that didn't happen. Roxy smiles. "That's why they call it gambling."
Michael Konik is the gambling contributing editor for Cigar Aficionado.
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