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CNN Sunday Morning

Super Bowl XXXVIII: The Money Game

Aired February 01, 2004 - 07:22   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


HEIDI COLLINS, CNN ANCHOR: With up to $6 billion expected to be wagered legally and illegally, the Super Bowl is much more than just the biggest game of the year. It's also a national holiday for gamblers.
Our Ed Lavandera reports.

(BEGIN VIDEOTAPE)

ED LAVANDERA, CNN CORRESPONDENT (voice-over): Diane Gunderson and Stacey Kutois have placed their bets. More than $500 between them both. All that money is riding on the underdog, Carolina Panthers.

UNIDENTIFIED FEMALE: Heck, yes. We know football just as much as guys do.

UNIDENTIFIED FEMALE: Actually, she knows football more than most men.

LAVANDERA: But the Super Bowl in Las Vegas has little to do with the sport. It's the muddy game that's played here. And the casinos are offering every bet imaginable. Call it sports betting for the non sports fan.

JAY CORNIGAY: It's only like about 80 games tomorrow.

LAVANDERA: Jay Cornigay is the sports book director at the Imperial Palace Casino. If you don't care about the game, he's got other ways to make you put down your money.

CORNIGAY: Yes, will either team score in the first 6.5 minutes of the game?

LAVANDERA: Why 6.5 minutes?

CORNIGAY: That's a number that we just kind of pulled out of the air.

LAVANDERA: Why not.

That's the idea. There's no such thing as a crazy bet. You can bet on the last team to score a touchdown, which team will receive the opening kick-off. The board lists about 200 different propositions.

CORNIGAY: But it was all designed to keep everybody interested in the game, because as we all know, Super Bowls tend to be a little boring. We have some blowouts. And the history tells us that. So we made up all these bets to keep everybody's interest throughout the whole game.

LAVANDERA: Doug Schaefer and Jay McCreedy have made the Super Bowl pilgrimage to Vegas for five years. They don't like this year's Super Bowl teams, but that won't keep them from betting. Just don't ask them how much they plan to spend.

UNIDENTIFIED MALE: We may not want to say that on TV. Our wives might be listening.

LAVANDERA: The lights will be flickering and the odds will be changing right up until game time.

(on camera): And that's why the saying here in Vegas goes that on Super Bowl Sunday, it's more fun to be here than at the game.

Ed Lavandera, CNN, Las Vegas.

(END VIDEOTAPE)

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com






Aired February 1, 2004 - 07:22   ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
HEIDI COLLINS, CNN ANCHOR: With up to $6 billion expected to be wagered legally and illegally, the Super Bowl is much more than just the biggest game of the year. It's also a national holiday for gamblers.
Our Ed Lavandera reports.

(BEGIN VIDEOTAPE)

ED LAVANDERA, CNN CORRESPONDENT (voice-over): Diane Gunderson and Stacey Kutois have placed their bets. More than $500 between them both. All that money is riding on the underdog, Carolina Panthers.

UNIDENTIFIED FEMALE: Heck, yes. We know football just as much as guys do.

UNIDENTIFIED FEMALE: Actually, she knows football more than most men.

LAVANDERA: But the Super Bowl in Las Vegas has little to do with the sport. It's the muddy game that's played here. And the casinos are offering every bet imaginable. Call it sports betting for the non sports fan.

JAY CORNIGAY: It's only like about 80 games tomorrow.

LAVANDERA: Jay Cornigay is the sports book director at the Imperial Palace Casino. If you don't care about the game, he's got other ways to make you put down your money.

CORNIGAY: Yes, will either team score in the first 6.5 minutes of the game?

LAVANDERA: Why 6.5 minutes?

CORNIGAY: That's a number that we just kind of pulled out of the air.

LAVANDERA: Why not.

That's the idea. There's no such thing as a crazy bet. You can bet on the last team to score a touchdown, which team will receive the opening kick-off. The board lists about 200 different propositions.

CORNIGAY: But it was all designed to keep everybody interested in the game, because as we all know, Super Bowls tend to be a little boring. We have some blowouts. And the history tells us that. So we made up all these bets to keep everybody's interest throughout the whole game.

LAVANDERA: Doug Schaefer and Jay McCreedy have made the Super Bowl pilgrimage to Vegas for five years. They don't like this year's Super Bowl teams, but that won't keep them from betting. Just don't ask them how much they plan to spend.

UNIDENTIFIED MALE: We may not want to say that on TV. Our wives might be listening.

LAVANDERA: The lights will be flickering and the odds will be changing right up until game time.

(on camera): And that's why the saying here in Vegas goes that on Super Bowl Sunday, it's more fun to be here than at the game.

Ed Lavandera, CNN, Las Vegas.

(END VIDEOTAPE)

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com