Super Bowl LIV betting: A $550,000 bet on Chiefs causes change in the point spread

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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.

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