Chiefs vs. 49ers Super Bowl novelty props: Gatorade Color, Coin Toss

The coin toss is one of the most popular and controversial betting props at any Super Bowl.

It’s easy to see why this is an attractive bet, especially for novice bettors and non-football fans. It’s a simple bet that settles quickly with no gray areas, allowing casuals and people who don’t watch or bet on the NFL to get a little involved in the game.

Another reason people like to bet on coin tosses is that there is no way to find the handicap edge. There’s no past history to rely on, no model to run, and no line-up decisions to wait for before placing your bets. It’s just pure gambling.

It’s also a good moment to learn how betting works. And for experienced handicappers, there’s nothing they love more than telling someone betting on a coin toss, “That’s your worst bet.” But there’s more to the story than that.

Most sportsbooks have a coin toss and a juice (also known as a bet, the cut the sportsbook makes by taking your bet) listed on each side.

History of the Super Bowl coin toss over the past 10 years

For example, BetMGM’s heads and tails are both listed at -105 odds. This means you need to bet $10.50 to win $10 and $105 to win $100. In other words, you won’t get 50% true odds on your bet, which is the literal definition of a 50/50 punt. (Simply put, if you bet $100 on heads, you should theoretically make a profit of $100, but on -105 juice you would make a profit of $95.20).

That’s why experienced bettors like to warn people about betting on coin tosses.

Still, there are many other popular gambling methods that have bigger vig than the -105/-105 that BetMGM is offering on a coin toss. For example, a regular roulette table requires more effort than the -110/-110 market, which is considered the industry standard for sports betting (if the game is a true pick, both sides on the money line – It will be 110) ).

Betting should be fun and even if you lose 100 as long as you realize that putting your juice on a literal coin toss is not betting +EV, you’re just gambling with your money. Percentage is fine. I bet sometimes.

Plus, the next time your smart betting friend berates you for betting on a coin toss, you can explain that you made an even worse decision the last time you visited a roulette table in Atlantic City.

Super Bowl LVIII Gatorade Color Prop

In many ways, the ever-popular Gatorade betting prop is another bookend to the coin toss prop.

Bettors like to bet on coin flips because they are quick and easy and can start the action before the game starts, but betting on Gatorade buses allows you to stay invested until the end of the night.

You can lose all your bets during the game, but if you had a crush on the Gatorade prop, you’ll probably stick around until the end of the game to see if you cashed in your stupid bet.

Super Bowl LVIII Gatorade Color Prop Odds

Gatorade Prop has been used at unregulated offshore sportsbooks for years, but it only became legal in the U.S. in 2019 when a blue version of the sports drink was thrown at Bill Belichick, making him a +150 favorite .

Super Bowl Gatorade Color History, Past 5 Years

Another reason bettors love betting on Gatorade buses is because there’s a mystique to it. There is actually no “handicapping edge”, but sometimes you hear about color leaking.

One of the most infamous versions is when late New York Giants quarterback Jared Lorenzen tried to help his teammates by telling them the color of Gatorade in his cooler. The kicker is that he, like most other people, predicted the Patriots would beat the Giants in 2007.

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This story was told by Kentucky Sports Radio’s Drew Franklin to Chad Millman. action network “The Favorite Podcast” claims Pillsbury Slowboy went to the Patriots’ sideline and then texted his friends the color of Gatorade.

Of course, the Giants would upset the Pats that night, and Lorenzen’s chip, like so many others in gambling history, would be wasted.