After heavy betting on the Baltimore Ravens, sports betting professionals and last-minute casual bettors in Las Vegas and around the world are heavily swinging toward San Francisco.
The 49ers were favored by 5 points when betting action started two weeks ago, meaning San Francisco bettors need them to win by at least two field goals to collect. But the spread encouraged lots of bettors to take Baltimore, pushing the line down to 3 1/2. Now, San Francisco supporters have moved the line back up to 4 points in most sports books and 4 1/2 in others, according to gambling expert R.J. Bell of Pregame.com.
Bell says that a few days ago, nearly two-thirds of the bets taken in Las Vegas and online sports books offshore were on the Ravens. It's close to 50-50 now and the 49ers are closing the gap quickly in the hours before the game.
Adjustments to the line are encouraging bettors on the fence to pick sides.
``The moves are taking a lot of money right now,'' Bell said.
An estimated $10 billion is expected to be wagered on the Super Bowl, with less than 1 percent of that coming from legal sports books in Nevada, Bell says.
- Oskar Garcia -http://twitter.com/oskargarcia
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