WagerWeb has earned the reputation over the past few years as being one of the most respected and reliable full-service sportsbooks in the gaming industry. One aspect of its Web site that helps separate WagerWeb from the competition is that active sports lines are clearly separated from the ones that remain inactive, putting all the action right at your fingertips. The following is a look at a few of this week’s active sports betting odds that you can find on WagerWeb.

Super Bowl XLVI

The biggest single-game sporting event and sports wagering event takes place this Sunday when the New York Giants and New England Patriots square-off in Super Bowl XLVI at Lucas Oil Stadium in Indianapolis.

As expected, WagerWeb has you covered with a full complement of betting lines for the overall game as well as by the first and second half and each individual quarter. The Patriots are currently laying three points for the game and one point for the first half. The total for the game is set at 54 points and at 27.5 points for the first half.

It also offers a complete set of prop bets for the Super Bowl based on both overall game and individual player performances. You could spend a whole day just trying to handicap the sheer magnitude of betting opportunities contained in these two categories.

The one futures bet WagerWeb offers for Sunday’s game is the Most Valuable Player award. It has listed odds for 19 different players, but it also offers odds for other players not on the list by request. Given the fact that a quarterback has won the MVP in 24 of 45 previous Super Bowls and the Patriots are favored to win the game, it’s easy to see why Tom Brady is the odds-on-favorite to win at -125. The second favorite is Giants quarterback Eli Manning at +200, followed by New England tight end Ron Gronkowski at +700 and New York wide receiver Victor Cruz at +800.

The next position, in terms of most times winning this award, is running back at seven, but the last time a back actually won this award was Terrell Davis for Denver in 1998. A wide receiver has won the MVP just six times overall, but three times in the last seven games, making the value in the odds on Cruz look pretty good.

NBA and NHL

If you are looking to wager on the other two major professional sports that are active, WagerWeb offers a complete set of daily lines for both the NBA and the NHL. As an added bonus, it offers daily prop bets for basketball for select matchups, such as first team to score, first team to score 20 points, and last team to score with money lines for either side. When it comes to hockey, a unique wager is the three-way line. This line allows betting on a side to win in regulation as well as betting that that the game ends in a draw at the end of regulation.

Professional Soccer

There are nine different countries that have professional soccer leagues in addition to the World Cup, Confederations Cup, Americas Cup, European Cup, and Internationals. Of course, all these particular events are not in action at the same time, but there is often a full array of individual games lines for the ones that are.

When it comes to soccer futures, right now you can place a wager on which team will win the UEFA Champions League. Barcelona is the current favorite at +130, followed by Real Madrid at +240 and Bayern Munich at +375. One of the longshots in the league is CSKA Moscow at +3000.

Other Props

If you find yourself embroiled in the whole Peyton Manning saga, why not bet on it? WagerWeb’s money line odds that Peyton remains with the Colts are +100. The odds on him playing for another team is -120 and the odds that he will retire are +200. It also offers money line odds on which city and respective team will end-up being his new home. The New York Jets are the favorite at +200 with the Washington Redskins second at +300 and the Miami Dolphins third at +300. The longshot in this group is the San Francisco 49ers at +1000.

If you are looking for something different altogether, then check out WagerWeb’s prop bets for both the 2012 Academy Awards and 2012 Grammy Awards.