People in Vegas are buying into Johnny Manziel and the Cleveland Browns.
The Browns have gone from 200/1 to 30/1 to win the Super Bowl at the MGM, Nevada’s largest sportsbook. It’s the biggest move of any team in the MGM’s Super Bowl odds.
Almost all of the action on the Browns has come in after the draft, and most of it has been small bets. But last week a bettor put a “four-figure” bet on Cleveland at 100/1, which, according to MGM VP of Race and Sports Jay Rood, prompted the move down to the current price of 30/1
“We ran out of equity on them (Browns),” said Rood. “But they’re still nowhere near the Seahawks in terms of money or overall bets.”
Rood said the Browns have attracted only 10 percent of the money that’s already been bet on Seattle. The Seahawks opened at 8/1 at the MGM, but have been bet down to 4/1 as of this week.
Other books haven’t seen similar action on the Browns. In fact, the LVH SuperBook recently moved Cleveland back from 60/1 to 75/1.
“The Browns were a team we liked a lot after last year,” said Ed Salmons, head oddsmaker at the LVH. “We thought they had a chance to be a playoff team this year. That’s why we didn’t have them in the Jaguars and Raiders class. We have had very little interest in their futures.”
MGM Super Bowl Odds
May 27, 2014
|New England Patriots||6/1||6/1|
|San Francisco 49ers||8/1||5/1|
|Green Bay Packers||10/1||6/1|
|New Orleans Saints||12/1||15/1|
|Kansas City Chiefs||20/1||30/1|
|San Diego Chargers||25/1||50/1|
|New York Giants||30/1||18/1|
|New York Jets||60/1||25/1|
|St. Louis Rams||75/1||60/1|
|Tampa Bay Buccaneers 1||100/1||30/1|