Taylor Swift and Travis Kelce Taylor Swift and Travis Kelce

The Super Bowl has become well known for the various prop bets attached to the game, from the length of the national anthem to the color of Gatorade that is poured on the winning coach after the game. But one particularly shocking prop bet caught the attention of the entertainment and sports world this week.

According to to sports betting reporter Ben Fawkes who formerly worked at ESPN, FanDuel Canada offered a prop bet for “Will Travis Kelce propose to Taylor Swift on the field after #SuperBowlLVIII?” While it’s not necessarily shocking that this bet was offered, the opening odds were quite insane.

As Fawkes points out, opening odds listed “Yes” at +190 odds while “No” was at just -250 odds. Using implied probability, this suggests that there was about a 35 percent chance that Kelce proposed to Swift on the field at the Super Bowl – a shockingly high number.

As a result, it led to a lot of reactions on social media as people offered their take on the insane odds.

However, the odds were quickly corrected to much more realistic numbers.

 

The sportsbook updated the odds 30 minutes later to much more realistic numbers, listing “Yes” at +1120 odds and “No” at -3500 odds. Using implied probability in this case, +1120 suggests just an 8.2 percent chance that Kelce will pop the question on the field after the game. It still feels high, but it’s at least a little more realistic.

[Ben Fawkes]