Betfred Sportsbook announced that it is paying out all bets on the Cincinnati Bengals to win the Super Bowl — before the AFC Championship Game takes place.
The UK-based sportsbook partnered with the Cincinnati Bengals to enter the Ohio sports betting market.
“I’m here in Las Vegas with my UK team,” Betfred founder Fred Done said in a video posted to Twitter on Jan. 25. “We are the official sportsbook sponsors of the Cincinnati Bengals, and I’m so proud to be a sponsor. I’m so pleased and so confident that I’ve decided to pay out on the Bengals to win the pro football championship.”
The Bengals convincingly defeated the Buffalo Bills in the Divisional Round, setting up a rematch with the Kansas City Chiefs in the AFC Championship. The Bengals won last year’s matchup in overtime, 27-24, before falling to the Los Angeles Rams in Super Bowl LVI.
Cincinnati Bengals futures bettors no longer have to worry about Patrick Mahomes
Many bettors holding Cincinnati Bengals Super Bowl bets are paying close attention to this week’s injury report, knowing that a less-than-100% Patrick Mahomes will increase the odds of the Bengals winning the AFC Championship game and advancing to the Super Bowl.
Bengals bettors at Betfred Sportsbook Ohio no longer have to sweat Mahomes or a second-consecutive Super Bowl loss.
Still, some bettors have lengthy odds on the Bengals to win the Super Bowl. When the 2022 NFL season began, Cincinnati opened at +1400 to win the title. They were +800 at most sportsbooks just a week ago.
Fred told you yesterday from the Las Vegas HQ that he was going to drop some BIG NEWS today!
We’re so confident at Betfred in the #Bengals winning the #SBLVII that we’ve decided to PAY OUT ALL BETS on Cincinnati @Bengals to win the #BigGame before the #AFCChampionship is played! pic.twitter.com/S5bkul9WhD
— Betfred Sportsbook (@BetfredSports) January 25, 2023
Betfred boosting Bengals Super Bowl odds too
Betfred is also boosting the Cincinnati Bengals Super Bowl odds from +250 to +300. That bet is currently between +240 and +260 at BetMGM, Caesars, FanDuel and DraftKings.
Super Bowl futures odds at Betfred Sportsbook:
- Philadelphia Eagles +240
- Kansas City Chiefs +275
- Cincinnati Bengals +300
- San Francisco 49ers +325
Betfred added the odds boost for bettors still interested in the Bengals Super Bowl futures bet but missed out on the early payout.
“OK, you missed out on the biggest payout? Well you’ve not missed out. You have until kickoff on Sunday to get this new prize: +300 on the Bengals — that has got to be the best price on the planet. Take advantage of it, bet with Betfred and get the great, great value.”
Ohio bettors can add a Betfred new customer sign-up bonus
Betfred’s current Ohio sign-up bonus is a “bet $50, get $111” promotion. Just sign up for the sportsbook through the link above, and you will be credited with $111 in bonus bets, called “Fred Bets,” after depositing and betting $50.
The sportsbook will also offer a 50% refund (in the form of Fred bets) on losses up to $200 for five straight weeks.
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