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Week 2 NFL betting report: How the books did

By Ben Fawkes  (VSiN.com) 

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It was another wild week of betting in the NFL, with underdogs going 8-6 ATS on Sunday (9-6 ATS in Week 2 so far) and sportsbooks rejoicing after a Baltimore Ravens win on Sunday Night Football as 3.5-point home underdogs against the Kansas City Chiefs.

Here’s a snapshot of how the books did in Week 2.

Books love Baltimore

For most sportsbooks, the day was going to be made by the result of the Chiefs-Ravens game. At DraftKings Sportsbook, 86% of bets and 92% of the money early on Sunday were on the Chiefs -3.5 to cover – a number that only grew. At WynnBet, 90% of the bets and 94% of the money were on Kansas City to cover. The game was the most-bet game of the week at BetMGM. Every sportsbook needed Baltimore to at least cover – and a win outright would’ve been better – and that’s exactly what happened.

A late Clyde Edwards-Helaire fumble and a fourth-down gamble by the Ravens led to an improbable 36-35 win for Baltimore and a massive victory for the sportsbooks.

BetMGM took a $250,000 parlay on the Chiefs -3.5 and the Over, which didn’t come through. And not only was the Kansas City side a hugely popular play (especially after opening as low as -1.5), but the Chiefs were in many money-line parlays as well.

“All the public play was on the Chiefs,” Scott Shelton, sportsbook supervisor at The Mirage texted. “A huge relief. We were up big for the day, and would’ve given it all back.”

It wasn’t all pretty for sportsbooks, though, as William Hill reported taking a $400,000 wager on the Ravens + 4, which cashed.

BetRivers reported the Ravens-Chiefs game as the second-most bet game of the season, behind the opener between the Cowboys and Bucs.

"Chiefs-Ravens on Sunday night was the most bet game of the weekend," Jason Scott, VP of trading at BetMGM, said in a press release. "The over hitting wasn’t a great outcome for the sportsbook, but the Chiefs failing to cover and losing outright were good results.

Heartbreak for one Colts backer

It was a tough Sunday for one bettor at The Borgata in New Jersey, who wagered $440,000 on the Colts 1H + 3 vs. the Los Angeles Rams. The Colts came away from two goal-to-go situations in the first half with zero points and were down 10-6 at halftime as a result.

“We ended up with a decent day,” Thomas Gable, sportsbook director at The Borgata said. “Not nearly as good Week 1 in terms of hold percentage, but those days don’t happen too frequently.”

The Colts did end up covering the game 27-24, which was one of the best results of the day for PointsBet, as 87% of spread bets and 80% of spread handle were on the Rams.

Bettors win with Bills, Bucs, Broncos

The Tampa Bay Buccaneers moneyline was a popular play at many sportsbooks, and the Bucs easily won 48-25 over the Atlanta Falcons. 

"It was a good bounce-back week for the public," BetRivers sportsbook manager Zach Schlouch told VSiN before the Sunday night game. "The three biggest decisions of the day all went their way (Cowboys, Bills, Bears) and the Bucs were a sizable liability as well."

The Denver Broncos beating the Jacksonville Jaguars 23-13 and the Buffalo Bills blanking the Miami Dolphins 35-0 were both great results for bettors as well.

Notable winning bets

$300,000 on Bills -3 at Caesars

$300,000 on Panthers ML + 140 at Caesars

$250,000 on Cowboys + 3.5 (-110) at Caesars

$250,000 on Cowboys-Chargers Under 55.5 (-110) at Caesars

$100,000 Titans 2H PK ay BetMGM

Notable losing bets

$440,000 Colts 1H + 3 at BetMGM

$300,000 on Browns -12.5 at Caesars

$295,000 on Saints -3.5 at Caesars

$220K Vikings-Cardinals 2H Over 27.5 at BetMGM

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