Big Super Bowl bet comes in on surging Patriots

Once upon a time, the New England Patriots were a popular Super Bowl bet. And why wouldn’t they be? The team was a regular in The Big Game, winning six titles from 2001 through 2018. Over that same span, they won the conference championship nine times.

They were a safe bet. Were.

Since then, the Patriots have fallen on harder times. In 2019, they were ousted in the wild-card game and then came the departure of quarterback Tom Brady. In their first season without Brady, New England finished with a record of 7-9 and missed the playoffs.

This season, Bill Belichick’s group started 1-3 and things did not look promising. However, they’ve gone on to win five of their last six games and at 6-4, are just a half-game out of first place in the AFC East.

The sudden resurgence has many — including NBC’s Cris Collinsworth — believing the Patriots are once against Super Bowl contenders.

Accordingly, there are some interesting bets being placed on the Patriots. One such bet came via BetMGM, who saw a $20,000 wager on New England at +2500. The potential payout? A whopping $500,000.