It's early, but bettors favoring Panthers

Super Bowl 50 Betting: Early Numbers Show Bettors Love Panthers to Cover

It's early, but the majority of bettors at online sports books are already more than willing to lay the points on the Panthers to cover in Super Bowl 50.

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Following their dismantling of the Arizona Cardinals in Sunday's NFC Championship Game, the Panthers opened as favorites to beat the Broncos in Super Bowl 50. At online sports book Carolina is a 4.5-point favorite for the big game, while some Vegas books have kept the number at Panthers -4, which is where the line opened.

Sports Insights monitors wagering activity at the largest online sports books and then compiles betting percentages to show which team public bettors are favoring in a particular matchup. We provide that data at our NFL Public Betting page and as of Monday morning, a whopping 78% of tickets are currently on the Panthers to cover versus the Broncos in Super Bowl 50.

Any good handicapper will use this information for what it is: Just another piece of the puzzle. Analyzing the matchup, line movement, weather and injuries are vital before placing any wager, but having an understanding of the "market price" for teams can be helpful when handicapping a game.

In the case of Super Bowl 50, the market price on the Panthers is anywhere between -3.5 and -4.5. If you like Carolina, knowing that the majority is also on the Panthers might force you to grab the line early before it reaches a number that's too high. Conversely, if you like the Broncos, then you might be able to wait for oddsmakers to move the line higher due to the volume of wagers that are being placed on the Panthers.

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