MIAMI — BetMGM didn’t want to move the Super Bowl LIV line. But money talks.
And it was a lot of money that moved the betting line. Jeff Stoneback, director of trading operations for MGM Resorts International, said a bettor put $550,000 on the Chiefs as a 1-point favorite to win $500,000.
And with that, MGM moved the line to the Chiefs being a 1.5-point favorite over the San Francisco 49ers.
“That forced us to move it,” Stoneback said.