premise: you have $100 and you like San Fran to win today.
Currently, San Fran moneyline is at -330. If you bet $100, you win $30.30.
However, look at Super Bowl outcome futures, you can invest that $100 much more profitably.
And these prices are from Bovada, so you can prob do much better.
You bet $50 on San Fran to beat KC future (+250) in SB54
AND you bet $50 on San Fran to beat TEN future (+725) in SB54.
possible results:
If Green Bay wins, you're down $100, both futures are dead.
.
If San Fran wins, and KC beats TEN, you will make a $75 profit ($125 win on the SB future minus $50 on the other future that's now dead.)
If San Fran wins, and TEN beats KC, you will make a $312.50 profit ($362.50 win on the SB future minus $50 on the other future that's now dead. I leave it to you to imagine the glorious hedge opps with the TEN moneyline if they were to make the Super Bowl vs. San Fran.
dear readers, please vet this and let me know what you think. Thanks for coming to my TED talk.