Super Bowl odds boards posted the Patriots four times in that span as the New England team won 3 out of those 4 Super Bowl gambling matchups straight up. What many handicappers may not realize, however, is that the Patriots beat the Super Bowl odds in just 1 out of those 4 Super Bowl gambling matchups as they evolved into overlays with poor value with the NFL Super Bowl odds as their reputation for excellence increased.
The lone time that the Patriots got the money with the Super Bowl odds was their maiden voyage this decade when they were 14-point dogs against the St. Louis Rams in January of 2002.
New England stunned everyone playing the Super Bowl odds as they scored a 20-17 win to begin their decade reign as the top team in the league and perennial favorite with the Super Bowl odds. That was to be the last time that New England caught everyone playing the Super Bowl odds off guard.
It was not to be the last time, however, that the Patriots were involved in a shocker against the Super Bowl odds. New England scored back to back straight up wins in the Super Bowl as they defeated the Carolina Panthers 32-29 in February of 2004 but failed to cover the spread as 7-point chalks.
The following year was a similar story with the Super Bowl odds as the Patriots beat the Philadelphia Eagles 24-21 as 7-point favorites. New England’s other Super Bowl appearance this decade was the shocker of all shockers, however.
In January of 2008 they entered Super Sunday as an undefeated team that was one win away from the first perfect season since the 1972 Miami Dolphins. As a result of the hype they were 14-point favorites against the New York Giants.
In the biggest upset since Super Bowl III the Patriots lost 14-17 to have their perfect season shattered but to also give a great lesson in Super Bowl value for gamblers.