Pro Gambler Reacts to the Super Bowl Betting Line Movement & Prop Bets

It was a wild weekend of sports betting as the Rams closed out the Bengals to win Super Bowl LVI. Bettors on all sides of the game were scratching their heads going into the final minutes and in the end, a large number of gamblers were left feeling like they got the short end of the stick.

On Wise Kracks, Bill and Jon break down the big game from a betting perspective and dig into a long list of interesting topics.

And what episode of Wise Kracks would be complete without a personal Las Vegas gambling story and advice from the Krackman himself.

Super Bowl Betting Recap

There’s no dispute that it was a fascinating Super Bowl, especially when it came to sports betting.

Last week on the show we had a former Super Bowl MVP and the Director of DraftKings, one of the biggest sportsbooks in the country, on to talk about Super Bowl betting from their perspective.

It was especially interesting to contrast that with what actually happened, and Bill and Jon’s experience as bettors.

Two weeks ago we spoke to two of the biggest oddsmakers in the country and they both said they wanted a Rams win.

With so much money going towards the Bengals, it looks the books did well despite the Bengals winning against the four-point spread that a lot of people got in on.

It was actually the first time since 2009 that the winning team didn’t cover the spread in the Super Bowl.

Bill gave us some insight into some of the statistical nonsense that occurred during the game regarding Matthew Stafford’s rushing yards.

Typically, when a quarterback kneels, it is a negative two-yard play.

Thus, every time a quarterback kneels, you subtract two yards from his rushing total. However, Matthew Stafford took a kneel in this game but was only deducted one yard.

In addition, the Bengals had an additional time out that they could have used to force Matthew Stafford to have to kneel again, which they elected not to do. This resulted in Bill losing a bet that seemed like he probably should have won.

Bill and Jon go on to discuss some of the risks around situations like this when you’re betting with offshore books. For example, there were disputes about some of the novelty halftime bets placed on the Super Bowl.

When you’re using an offshore book, there is no regulator to step in to resolve these types of issues.

Krack Drops Blackjack (and Life) Lessons

Krack opens up with a lesson about betting based on math versus betting based on emotions. Can you guess which one is more likely to win?

It begins with a story about a high roller friend with a seven-figure credit line and a private jet sent by the casino to go pick him up and bring him to Las Vegas.

So his friend gets to town and invites Krack to join him at the blackjack table where he’s betting between $5,000 and $25,000 a hand.

As Krack is watching his friend play, he sees the count climb to +22, massively tilted in the players’ favor.

“I was dying to bet with him,” said Krack. “But I don’t. Because if I bet, I need to play the way I want to play.

Krack goes into detail about tons of common blackjack spots that his friend, and many other recreational players of all bankrolls, make big mistakes.

The interesting part is that Krack claims the knowledge he has isn’t very hard to learn and is widely available online.

“You can learn 90 percent of what I know in about four hours with just a simple Google search on card counting,” said Krack.

But it’s the difference between being a lifetime winner or loser at the game.

Bill said he uses the Wong Halves Blackjack Card Counting System.

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