With Super bowl XLVII approaching, the betting public will get ready to check the latest Super bowl futures and NFL odds, and debate their Super bowl predictions and picks. Before placing your friendly wager with friends or at one of the best betting sites online, consider a few sports betting tips from expert football handicappers on how to place your Super bowl pick.
Most expert NFL handicappers and analysts will all tell you similar advice: The sports betting market, much like the financial and equity markets, are extremely efficient.
“It’s a lot more fun to bet on football than on Wal-Mart,” admits Steven Levitt, a distinguished economics professor at the University of Chicago and author of “How Do Markets Function? An Empirical Analysis of Gambling on the National Football League,” published in The Economic Journal. For the entertainment, sports bettors are willing to lose a little on average, he explains.