Week 17 ended the NFL regular season and gave bookmakers their biggest loss of this season, with parlays involving the favorite teams for the public doing serious monetary damage on Sunday.
Bettors had won only one week of the first 16 in the regular season and were ready to throw in the towel prior to Week 17. However, the full slate of NFL games on Sunday rewarded the public’s patience, as they hit gold making it the most profitable and entertaining week of the regular season for the public bettor.
Many books such as Bovada and topbet were able to win just two games early with the New York Jets +7 against Miami and Atlanta Falcons +6 against Carolina. However, the books lost all seven of the late afternoon games.
Many books like betonline and sportsbook.com did win some sharp money, but those wins could not make up for the parlays that the public hit. One book had a 10-team parlay for $100 hit that cost them $80,000, while another rang up the register for $60,000.
The public has waited all season for each of their favorite teams to cover in the same week and Week 17 did not disappoint them.
Heading into the weekend, books were cautious about Week 17. There are some many variables that take place such as playoff teams resting starters, as did Kansas City did the entire game and Denver in the second half after leading by 31 at halftime.
The public started the day behind Pittsburgh pushing the opening line of -6 up to as high as -9 prior to kickoff. The Steelers did not disappoint the public winning 20-7 and covering against Cleveland.
However, the biggest damage came in the late games when the league’s most popular teams for betting over the past two years all covered. The Saints, Seahawks, 49ers, Patriots, Broncos and Packers all covered their numbers and helped give the public a late Christmas present by linking together a number of parlays.
Bettors had their doubts about Aaron Rodgers coming back after seven weeks on the sidelines, but could not stay away from laying just -3 with Green Bay who has owned the Bears and their quarterback Jay Cutler of late.
Public bettors love to stick with their favorites and that was not any more evident than in the New Orleans 42-17 win over the Tampa Bay Buccaneers. Although the Saints had not covered in four of their past five games and had remained UNDER in the point total over their past six games, the public was strong on the OVER and the Saints parlay combination.
The regular season had ended, but three weeks of playoffs and then the Super Bowl are to follow and that makes the public even more excited especially after enjoying such a lucrative end to the regular season.