The San Francisco 49ers are early favorites to beat the Baltimore Ravens in the upcoming Super Bowl, which is one of the biggest betting events of the entire year.
Betting lines for Super Bowl XLVII opened just a few minutes after the AFC Championship game wrapped up with the 49ers installed as early 5-point favorites over the Ravens.
No sooner was that line posted, though, it began to drop and is currently sitting at 49ers -4 with an over/under of 48 points.
Baltimore is in familiar territory as an underdog, as they managed to pull off upsets in their last two playoff games as a big underdog at most sportsbooks.
The New England Patriots were heavy favorites versus the Ravens with a Super Bowl trip on the line but proved to be no match as Baltimore won to set up a battle of coaching brothers in the Super Bowl.
Head coach Jim Harbaugh and the 49ers have been fan favorites all season, pulling in heavy action at sportsbooks and performing very well versus the spread.
Jay Kornegay of the LVH casino sportsbook had the following to say: "The 49ers have been a sexy team all year. The Ravens don’t get a lot of respect from the public, but that bandwagon is getting a lot more supporters as we speak."
The Ravens and coach John Harbaugh seem comfortable in the role of spoilers and will be looking to send veteran Ray Lewis -- who announced plans to retire after this season -- off on a high note.
The Super Bowl is typically one of the biggest betting events of the year.
Last year's Super Bowl matchup of the New England Patriots and New York Giants pulled in a hefty $94 million in total wagers for Nevada casinos. Sportsbooks in total booked a profit of about $5 million.