The Super Bowl is the biggest sporting event in the world, and it is also the sporting event that sees the most betting action. The Super Bowl takes place in early February each year, and the two best NFL teams square off for the right to host the Lombardi Trophy.
The Kansas City Chiefs won Super Bowl LIV by defeating the San Francisco 49ers. Super Bowl LV is set to take place in Tampa, Fla., on February 7, 2021.
This article will explain how to bet on the Super Bowl and will offer up some Super Bowl betting tips and strategies. Betting on the actual game brings in a lot of action, but there are also some other great betting opportunities available.
If you make it through this article, then you will know how to make money by betting on the Super Bowl.
If you already know how to bet on NFL football games, then you have a great understanding of how betting on the Super Bowl works. We will break down the different betting types offered on the Super Bowl, and go into more detail about the unique Super Bowl betting opportunities.
For all of the game betting types, we will use a matchup between the New England Patriots and Dallas Cowboys as our example.
If you’ve ever wondered how to bet the Super Bowl moneyline, then you’ve come to the right place. A moneyline bet is simply picking the outright winner of the Super Bowl.
Points and point spreads don’t matter as long as you pick the team that is on the podium when the clock ticks down to zero. Here is an example of what a moneyline bet looks like:
|New England Patriots||-155|
In this situation, the Patriots are the favorites. The team with the (-) before their odds is considered the favorite, and the underdog has a (+) in front of their odds.
What this means is that you will earn a smaller return if you bet on the Patriots than if you would take the Cowboys, and they would pull off the upset.
Betting against the spread is the most common bet that is placed on the big game. Spread betting involves picking the winner of the Super Bowl, and correctly picking the spread of the game.
Here is an example of a Super Bowl spread bet:
|New England Patriots||-3.5|
If you make a bet on the Patriots to win the Super Bowl, then they must win the game by at least four points. A bet on the Cowboys can be a winner if they keep the game within a field goal (three points) if they lose or if they win the game outright.
Super Bowl over/under betting is another extremely common betting type that is offered by the sportsbooks. You might also hear bettors refer to this type of bet as a “total” bet because it deals with the total number of points scored in the Super Bowl.
One reason that this betting type is popular is that it doesn’t require bettors to pick the winner or loser of the Super Bowl. As long as you can make a correct prediction about the total number of points scored, then you can win this bet.
Here is an example of how this betting type looks:
Super Bowl LV: New England Patriots vs. Dallas Cowboys
|Over 43.5 Points||-110|
|Under 43.5 Points||-110|
Sportsbooks will usually offer the same lines for both betting options with an over/under bet. It’s your job to determine whether the teams will score a total of 44 points or more, or 43 points or less.
A Super Bowl Futures bet is placed before the actual game gets underway. Sportsbooks will begin offering Super Bowl futures bets for next season immediately following the conclusion of the Super Bowl.
Most Super Bowl Futures bets will close as soon as the Super Bowl is kicked off, although some will keep them open and adjust the lines in offering live bets.
Here are a few common Super Bowl Futures bets:
The Super Bowl attracts a large number of viewers each year, and a large portion of those viewers want to place bets while watching the game. If you know how the Super Bowl betting basics, then you know how to live bet the Super Bowl.
Sportsbooks will update the betting odds in real-time, giving the bettor a chance to make bets on the point spread, point total, or the moneyline. The favorite to win the Super Bowl might change as the game plays out, and you can make bets accordingly.
Live betting is most easily done through an online sportsbook or mobile betting app, but it can also be done by visiting a retail sportsbook, especially one in Vegas.
Super Bowl prop betting is extremely popular, and even the non-football fan can get in on the action. There are three main types of prop bets available, and we will discuss all three in more detail below.
Odds for Super Bowl prop bets are drastically different depending on the type of prop bet that you are making.
Pre-game Prop Betting
Pre-game prop bets are bets that are placed on events that take place before the kickoff. Two of the most common pre-game Super Bowl prop bets are:
|Super Bowl coin toss||Heads -110||Tails -110|
|Length of National Anthem||Over 2:01||Under 2:01|
Super Bowl Game Prop Bets
Sportsbooks love offering unique prop bets during the Super Bowl, but they provide plenty of prop bets on the actual game as well. Some of these prop bets involve player statistics, while others focus on how points will be scored.
Here are a few examples:
|Tom Brady Passing Yards||Over 277.5||Under 277.5|
How Will the First Points Be Scored:
|Will Super Bowl LV Go into Overtime||Yes +40||No -110|
Halftime Show Prop Bets
Not only is the Super Bowl the biggest football game of the year, but the halftime show is one of the biggest musical events of the year. With that in mind, sportsbooks love offering prop bets on the halftime show.
Here are a few prop bets that you might see offered:
|Will there be a wardrobe malfunction||Yes +400||No -150|
|Will a football be used as a prop||Yes -115||No +125|
|Will there be a guest performance by X||Yes -125||No +175|
We can all use a tip or two on how to proceed, and getting your goals and budget in order is the first thing you need to do - but then what?
This isn’t much of a betting strategy, but it is a tip. Make some prop bets on the Super Bowl, and have some fun with it.
Super Bowl prop betting has taken on a life of its own over the past decade, and there are prop bets available on almost everything that you can think of.
Find some that interest you and get it on the action.
If you plan on betting on the Super Bowl, then you need to watch the playoffs leading up to the big game. Watch and see how teams are playing and find out who the top players are going to be.
There is a two-week layoff between the conference championship games and the Super Bowl. Each team will have an injury report every day leading up to the big game, and it’s important to check it out each day.
Some players will recover during the week, while other players will be downgraded as time goes on.
If you plan on betting on the Super Bowl, then you first need to know where to place your bets. The traditional way is to head to Las Vegas and place bets inside one of the many casinos or sportsbooks that will take bets.
The other way is to find an online sportsbook or bookmaker and places your bets online.
If you are someone that enjoys playing daily fantasy sports, then you probably have already heard about FanDuel. They are one of the leaders in the DFS industry, but they have grown into a leader in the sports betting industry as well.
FanDuel will have some great Super Bowl promotions leading up to the big game.
DraftKings is another leader in the DFS industry, but they have also leaped sports betting. DraftKings will still have plenty of fantasy games available on the Super Bowl, but their sportsbooks will be open for business as well.
PointsBet is one of the newest sportsbooks to hit the United States, but it has built up a great reputation already. PointsBet offers unique betting opportunities, and there is a chance to win some real money by betting on the Super Bowl at this sportsbook.
William Hill is one of the biggest and best sportsbooks in the United States, and they specialize in football and basketball. William Hill will have some of the best Super Bowl betting odds and lines available, and they are located in many states throughout the country.
The Super Bowl is the backdrop for one of the biggest partying days in the United States, and Las Vegas is one of the best places to party. If you are looking for a great experience while betting on the Super Bowl, then Las Vegas is the place to be.
Betting on the Super Bowl in Vegas works just like it does through an online sportsbook, but there are casinos and sportsbooks everywhere. You can bet on the Super Bowl in Vegas and also watch the game on a big-screen television.
The best Super Bowl bet to make is one that you are prepared to make. Be sure to follow our betting tips and strategies outlined above to give you the best chance to win money by betting on the Super Bowl.
Since prop betting is extremely popular during the Super Bowl, go ahead and make a few prop bets as well.
National television stations bid for the rights to host the Super Bowl each season. CBS, Fox, and NBC are the main stations that broadcast the Super Bowl.
Cities and teams will put in bids to host the Super Bowl each season. The National Football League will choose the host cities and award the locations a few years in advance.
The NFL uses many different factors in determining host cities, with weather being one of the biggest factors.
Super Bowl square boards are a common betting game that is used on the big game. Many groups, clubs, or sports teams will use a Super Bowl square board as a fundraising tactic.
Super Bowl square boards come in many different forms, but the most common board has 100 squares.
You will “buy” a square on the board, and will be randomly placed into the board. One team will go across the top of the board, and the other Super Bowl team will go down the side.
To win, the last digit of each team’s score at the end of each quarter must line up to your correct square. A Super Bowl square is one of the best NFL betting games that you will find.
The New England Patriots and the Pittsburgh Steelers are tied with six Super Bowl wins apiece. All six of the Patriots’ Super Bowl championships have come in the last 20 seasons.
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