Super Bowl Prop Bets: The Unpredictable Gatorade Color Market
Unraveling the Mystery of the Gatorade Color Bet
As Super Bowl Sunday approached this year, a peculiar trend emerged in the world of prop bets - the wager on the Gatorade shower color. This seemingly innocuous bet has gained immense popularity, but this year's events have raised questions about its future. The action on purple was so sharp that it moved the line from +275 to -130 by kickoff on DraftKings.
Insider Information or Coincidence?
Purple, despite receiving only one percent of the overall money on the market, had the highest total handle percentage compared to its percentage of total bets. However, as the game neared, the situation shifted dramatically. On DraftKings, 18 percent of the money came in on purple, while only six percent of bets were placed. Fanatics saw an astonishing 60 percent of the overall money on the color purple.
Speculation swirled that insider information had been disseminated before the odds changed. Yet, no concrete evidence has surfaced to support these claims.
The Future of the Gatorade Color Prop
The future of this beloved market is uncertain. Only six states and Washington, D.C., currently allow this prop, while the remaining 32 legal states have prohibited it. BetMGM, however, has stated they will continue to offer the Gatorade color prop as long as it is approved by regulators.
Beyond the Gatorade color bet, the variety and creativity in Super Bowl prop betting markets are staggering. From national anthem odds to coin toss odds, halftime show odds, MVP odds, touchdown scorer odds, and novelty props, the options are endless.
The Gatorade color betting market encapsulates the uncertainty and excitement surrounding the Super Bowl, reminding us that even in the most anticipated events, there is always room for surprise.
Note: This article was written on February 13, 2024.