Where To Place Super Bowl Bets

 
Where To Place Super Bowl Bets 8,3/10 261 votes
  1. We’ve reached that point of the year again when it’s acceptable to place bets on Gatorade colors and call yourself a “casual” gambler. 15 bizarre Super Bowl Prop bets to bank on Super Bowl.
  2. But Super Bowl LIII does offer at least one novelty. For the first time, gamblers outside of Nevada will be able to bet on the big game. Nevada, the glittering capital of the gambling industry in the U.S., has a long history of legal sports betting.
  3. 2022 Super Bowl Odds. Here’s how Super Bowl 56 futures odds look in real-time at US online sportsbooks.Use the drop-down menus to toggle between legal US betting states and to see more NFL futures odds markets (MVP). Click on any listed odds to claim your free bets, register an account and lock in your Super Bowl bet in before the odds change again.
  4. Find the best Super Bowl odds to bet online in the US. We list the best legal US online sportsbooks to bet on Super Bowl 55 bonuses for new players.
  • Best Bets for Super Bowl 2021
  • Finding the Best Super Bowl Bets
  • Bad Super Bowl Bets to Avoid
  • Best Times to Bet on the Super Bowl
  • Going Away

We all love watching the Super Bowl, and there aren’t many people who don’t like making some extra money. Doing the two simultaneously? Now that’ll stimulate your interest quickly!

How to Bet on Super Bowl 2021 – Strategy Guides and Resources. We say this a lot, and for good reason—real money betting is fun, but winning your Super Bowl bets is a lot more fun! Knowing how to bet is only the first piece of the profitability puzzle.

With so many bets available and so many avenues to place them, preparing yourself to profitably bet on the Super Bowl can be a bit overwhelming. The good news is that landing on this page will melt all of your worries away.

The goal of this guide to the best Super Bowl bets is to provide you with the information you need to place the right wager when the big game arrives. Not only will do showcase which Super Bowl bets are the best, we also advise you on which Super Bowl betting markets to avoid.

If that wasn’t enough, our resident football betting experts also offer up their best bets for Super Bowl 55 right here.

Best Bets for Super Bowl 2021

Noah Davis and Michael Wynn have spent the last two weeks scouring Super Bowl 55 betting markets. After combing the safest sites to find the most appealing prices, they’ve each settled on their three best Super Bowl bets.

Here they are.

  • Travis Kelce to Score a TD (-164)
  • Over 56.6 (-110)
  • Patrick Mahomes Over 0.5 1st Q TDs (+125)

Travis Kelce is en fuego heading into Super Bowl 55, scoring at least one touchdown in each of his last six games. He feels like such a lock to score a touchdown, that Chad Johnson bet Kelce would be the big game’s first score – and if not, he’d quit Twitter.

Kelce is a big reason why this game is going to be perhaps one of the most explosive Super Bowls ever. These teams combined for 51 points in an earlier meeting, and it won’t take much to get them over the hump.

Mahomes is also a key part of this game, and I think he gets off to a hot start. He only needs one touchdown pass to return sick value at +125.

  • Tampa Bay Buccaneers +3.5 (-115)
  • Jim Nantz says “Queen Latifah” More Than Once (+110)
  • Mike Evans to Score a Touchdown (+120)

With the Super Bowl 55 odds oscillating between 3 and 3.5 depending on where you bet, I’m keen on latching onto the Bucs as long as I get the hook. Tampa Bay has the more potent defense, the game is at home, and that Tom Brady guy is pretty good at motivating his teammates.

Highlighted as one of my favorite bets in this complete guide to Super Bowl props, this thing is close to being a slam-dunk. Queen Latifah is starring in The Equalizer, a new show debuting on CBS right after the Super Bowl ends. Surely Jim Nantz will be directed to plug the new series a couple of times, especially considering he and Queen Latifah both spent time living in the same small town in New Jersey.

Shout out to Colts Neck Township.

I agree with Noah that Travis Kelce is going to reach pay dirt. However, another player prop I fancy is Mike Evans finding the end zone at +120. The odds are incredibly juicy, and the numbers are in our favor.

He scored touchdowns in each of his last two game, and scored two touchdowns vs. the Chiefs in Week 12.

Finding the Best Super Bowl Bets

Shopping your lines to ensure that you’re tracking down the most favorable odds is a big part of setting yourself up for success. At the same time, you’ll want to make sure you’re placing wagers at online sportsbooks that can be trusted.

Sticking to the best Super Bowl betting sites gives you the best of both worlds. Not only will you spot discrepancies in the pricing and be able to latch onto value, but you’ll feel confident knowing these sites are extremely reputable.

Chances are, you’re already familiar with betting NFL games online, so you already know that the available bets can be wide-ranging. However, the enormity of what’s out there for the Super Bowl is unlike anything else in the sports betting industry.

The key is to target the bets that have the highest likelihood of paying off. We’ll share a few examples below.

The best bet here is typically to back the quarterback of the team that you project to win the game. Heading into Super Bowl 53, seven of the previous nine Super Bowl MVPs were the QB of the team who raised the Lombardi Trophy.

Julian Edelman was honored as the Most Valuable Player in SB 53, although he was just the third offensive player who wasn’t a quarterback to win the award in the last 25 years. Of the five individuals in NFL history who have won the SB MVP multiple times, all five are QBs.

In a nutshell, trying to pinpoint a wide receiver or a running back typically won’t deliver a return on your investment. In fact, betting on a defender to win the Super Bowl MVP is also like trying to find a needle in a haystack. Through the first 53 Super Bowls, 43 of the MVPs were offensive players.

Surely some of you are experienced with live-betting NFL games. For those who are not, the Super Bowl game is the perfect time to get your feet wet.

Once the second quarter ends, a lot of people are going to be focused on the halftime show and all of the festivities that are included. Our recommendation is to spend that time scanning the best sportsbooks looking to lock in some serious value.

The most transparent way of explaining why value is easier to “unlock” during halftime is because oddsmakers simply don’t have enough information and data to perfect their projections. The odds at this point will be “softer” or less accurate than the ones that are set before the game.

Because these lines are being set on the fly, there’s a good chance you’ll see numerous wagers pop up that immediately catch your attention. It’s a great time to find some of the best Super Bowl bets available.

Don’t Worry About Trying to Bet Everything

Betting value often lies in the simple bets. Moneyline wagers, point spreads, and totals are often about the best bets for the Super Bowl. It’s hard to ignore all prop bets available, though.

Once you start peering at all of the Super Bowl prop bets, it won’t take long to realize just how many options there are. You’ll drive yourself crazy trying to cover them all, so you need to be selective.

Winning money on the Super Bowl is about capturing value. It’s not about trying to expose yourself to every betting market that exists.

Instead of focusing on the props that were designed for entertainment, concentrate on the ones that you can find an edge in. Perhaps that could be a specific individual going over his projected total for rushing or receiving yards, or maybe it’s a crossover bet that involves another athlete from another sport that you’re familiar with.

The lesson here is to forget about trying to pursue action on all the wagers available. Remember, your goal is to find the best bets for the Super Bowl, not places as many as wagers as you can. Emphasize quality over quantity.

Now that we’ve spent some time establishing the best Super Bowl bets you should attack, it’s vital to reveal some of the ones you should dodge. The main idea here is to steer clear of the bets that are somewhat arbitrary. Likewise, stay away from the wagers where no edge is attached.

Betting on the coin toss or betting on what color tie the commentator will be wearing aren’t going to scoop money in the long run. On that note, here are some other Super Bowl bets to avoid.

Anything to Do With the Commercials

The commercials are meant to be entertaining. They’re meant to be funny and memorable, but let’s just leave it at that.

The oddsmakers at the top football betting sites are fully aware of the increased demand to offer wagers related to the commercials. Every year, there is a sizable chunk of individuals who are more intrigued by what commercials will be shown compared to anything that has to do with the game itself.

What gets lost is that the targeted audience is typically made up of casual fans. These are the same folks who are generally less concerned with finding value and more captivated by the entertainment aspect the bets provide.

Chances are, any Super Bowl bets that have to do with the commercials are what we would call “sucker bets.”

The odds for your favorite team or some of the longshots are going to be extremely alluring, but that doesn’t necessarily mean it’s a good idea to fire away. It’s easy to do, but don’t get infatuated by the potential return on your investment.

The likelihood of some teams winning next year’s super bowl aren’t slim, they’re none.

This isn’t a disclaimer to stay away from Super Bowl futures bets altogether, it’s just a warning that you should be sensible about it. Predicting that teams can go from a 5-11 record to winning the lot the very next year is going to burn a hole through your pocket quickly.

We’ve alluded to this in a prior segment, but the bookies understand the demand and interest for certain prop bets. For this reason, they have the leverage to generate odds that lean in their favor.

The way to combat this is to not fall into the trap and place a wager when BOTH sides are listed at -120. That’s simply too much juice to try and overcome in the long run. Doing it once in a while if the spot seems right is one thing, but don’t expect to turn a profit down the road if you are always laying -120.

Fortunately, there will be loads of other Super Bowl bets available with more appealing price tags attached.

Don’t Fade the Safety Bet

One of the prop bets that always draws interest before the Super Bowl is betting on whether or not there will be a safety. You’ll likely have to lay in the neighborhood of -1000 to fade this bet.

The upside just isn’t there. We’ll unveil some quick math to prove that theory.

Across the 2017 and 2018 NFL regular seasons, we witnessed a total of 25 safeties in 512 games. That means a safety occurred in slightly less than 5% of the games. And even though we saw 17 safeties during the 2019 regular season, that still equates to just 6.6% of the time.

If you are going to lay -1000 on a bet, you need to win it a lot more than 6.6% of the time to be successful in the long haul.

Those planning on risking $500 just to win $50 – you’re betting off allocating that $500 elsewhere.

Timing is everything in life, and some could say it’s the same when it comes to placing Super Bowl bets.

Bets for the Super Bowl game itself are usually released almost as soon as the AFC and NFC Championship games end.

Once the big game is over, it then doesn’t take long for the betting sites to start posting futures odds for the next year’s Super Bowl.

Right off the bat is an intriguing time to start firing away in both of these markets, before any lines seriously start getting adjusted.

Futures Bets Before the Season Starts

Let’s say the Baltimore Ravens were installed at +2200 to win the Super Bowl before the season began. If you have an inkling that the Ravens are going to have a big year and make some noise in the playoffs, then locking that wager in before the season begins makes a lot of sense.

If you wait a few weeks and Baltimore is 3-0, you can kiss that +2200 price tag goodbye.

This is where you can take advantage of sportsbooks overreacting to mid-season disappointments. A perfect example is the Kansas Chiefs in 2019. KC was +400 to win Super Bowl 54 for a while but fell to 6-4 through ten weeks. Patrick Mahomes was just coming off a pretty severe knee injury. Heading into Week 11, the Chiefs had ballooned to +1000 to win the Super Bowl.

Next thing you know, the Chiefs won their next six games and clinched a bye during Wild Card Weekend. Backing Kansas City at that point meant settling for their +350 price tag.

The moral of the story here is to take advantage of when situations like these arise. At the very least, you could sell that +1000 ticket on the Chiefs winning the Super Bowl or start hedging your action. Either way, you can secure yourself a profit.

Futures Bets During the Playoffs

Once the playoffs get underway, the Super Bowl futures prices start dwindling. As each round of the postseason progresses, these prices shrink up even more. Due to the diminished upside, it’s okay to pass.

However, if you see a team with a price that really piques your interest, charge full steam ahead. Just don’t expect the odds to get any better once teams start getting eliminated.

Once the Super Bowl matchup has been determined, the floodgates burst wide open. This is when the sites will start unleashing Super Bowl props left and right.

Be sure to set aside ample time in the two-week runup to the games to browse through the selection. Equally important, decide how much money you are willing to risk on your bets. Otherwise, you could run out of funds before your eyes are opened to the full scope of wagers.

Super Bowl Bets on the Day of or During the Game

With the amount of money that comes pouring in on the Super Bowl in the days prior to kickoff, the bookmakers on Super Bowl Sunday is like pandemonium. If you plan on waiting until Sunday afternoon to get in on the action, the virtual sportsbooks will be your best option.

The lines at the land-based sportsbooks and bookmaking shops will be irritatingly long, so betting on the Super Bowl online will be your best course of action. The same rule applies during the game for those who want to live bet on the Super Bowl.

Between the drama in the game and being amongst friends and family at Super Bowl parties, not everyone will want to be on their phone or tablet trying to take part in the in-game betting. While that’s all fine and dandy, those same people might end up missing out on a ton of value.

This Super Bowl best bets guide was produced so that you didn’t have to scour the internet looking for Super Bowl betting advice. It’s all right here at your disposal.

Our goal was to organize everything you could possibly want to know about the best Super Bowl bets in one clean page.

We talked about where to find the best bets for the Super Bowl and which ones you should avoid, and discussed the optimal timing of certain Super Bowl wagers. In other words, your foundation to bet on the Super Bowl the right way is set.

The Super Bowl marks the biggest betting event of the year in the US. With Super Bowl LV wrapped up, bettors can already start looking ahead to next year’s NFL championship game.

Betting on the Super Bowl marks one of the most popular sports bets that fans make every year. Because it is one of the most-watched and wagered events in the country, oddsmakers are very careful where they place their lines. Understanding NFL Super Bowl odds is important for every budding sports bettor.

Sportsbooks use a host of different factors to include in NFL odds. Such as strength of schedule, previous season success, additions on the roster, and past history to show the likelihood to win the big game.

The Tampa Bay Buccaneers routed the Kansas City Cheifs in the 2021 Super Bowl, as the Bucs cruised to a 31-9 win. Sportsbooks oddsmakers installed Kansas City as the favorite, with average odds sitting at -171.

The Tom Brady-backed Buccaneers went into the big game as the underdog. Books set those odds at +147, giving Tampa Bay a 40% chance at the 2021 Vince Lombardi Trophy. Bettors who took that line cashed in big.

Current Super Bowl 2022 NFL Future Odds

+550 +500 +550 +525
+900 +950 +1000 +850
+1100 +1100 +900 +1100
+1100 +1100 +1200 +1200
+1300 +1300 +1200 +1300
+1400 +1400 +1200 +1300
+1400 +1400 +1400 +1500
+1600 +1800 +1800 +2000
+2900 +2400 +2000 +2200
+2200 +2000 +2200 +2500
+2500 +2200 +2500 +2000
+2800 +2800 +2500 +2500
+2500 +2700 +2500 +2800
+2800 +2900 +2500 +2800
+3000 +3100 +3000 +3000
+3100 +3100 +3000 +3000
+3000 +4000 +3000 +4000
+4000 +4000 +4000 +3300
+4000 +4400 +4000 +5000
+5000 +5000 +5000 +4000
+5000 +5000 +5000 +5000
+6000 +6000 +5000 +6000
+5000 +6500 +5000 +6600
+6000 +6600 +6000
+6600 +6500 +6600 +6000
+6000 +6000 +6600 +6600
+6600 +7000 +6600 +6600
+8000 +7000 +8000 +8000
+8000 +8000 +8000 +8000
+7500 +10000 +10000 +7500
+12500 +8000 +10000 +15000
+12500 +13000 +8000 +12500

Odds are automatically updated 1 time per day

Best Super Bowl 2022 US Sports Betting Bonuses & Offers

Super Bowl LVI might be months away, but you can expect legal US sportsbooks to offer plenty of enticing bonuses when next year’s big game comes around. For now, Bonus.com recommends the following online sportsbooks and welcome bonus offers for new players:

FanDuel Sportsbook – Claim the FanDuel Sportsbook $1,000 Risk-Free Bet

William Hill Sportsbook – Claim the William Hill $500 Risk-Free Bet

BetMGM Sportsbook –Claim the BetMGM $600 Risk-Free Bet

BetRivers – Claim the BetRivers 100% Deposit Match Bonus up to $250

DraftKings Sportsbook – Claim the Draftkings Sportsbook 20% Deposit Match up to $1,000

Odds To Win The Super Bowl – When Was There The Most Value?

Super Bowl odds always change throughout the season. Be sure to check continually for updates as well as use our automated chart to track the changes in 7, 14, and 21-day intervals. The NFL futures odds are updated daily.

Sportsbooks install futures odds on next year’s championship as soon as the Super Bowl ends. For instance, DraftKings Sportsbook already sets the Chiefs (+550) as the Super Bowl LVI favorite, followed by the Buccaneers (+900) and Green Bay Packers (+1200).

Now that the Super Bowl champion is decided, let us see how the odds went in totality. This is to say, when should we have bet on the Chiefs and when should we have bet on the Buccaneers. Keeping track of these odds is crucial during season-long bets because buying stock in these teams (placing bets) is how you increase profitability. There was plenty of value on these teams at points if timed correctly.

Tampa Bay Buccaneers +2800

You read that correctly, when Tom Brady signed with the Tampa Bay Buccaneers, BetMGM had the Buccaneers at +2800. That means that a $10 dollar bet would net you $280 in profit on the Bucs Super Bowl win.

During the season, the Buccaneers fluctuated greatly. However, during week 11, the Buccaneers were as high as +1650 to win the Super Bowl, a phenomenal value that late in the season.

Kansas City Chiefs +600

The Chiefs were an uphill battle when betting the Super Bowl since their week 3 dominating win over the Ravens. The Ravens came in at +500 to win the Super Bowl prior to the season. When the Chiefs came out motivated and dominated the Ravens, they plummeted from +600 to under +400 at some books.

Overall, it would appear that the best time to bet a team to win the Super Bowl is prior to the season. This is easier said than done obviously. However, the Chiefs’ odds dropped considerably once the season started. Looking at the schedule for a favorite and projecting how many wins they will have is very important.

COVID-19 Affecting Gameplay

The 2021 Super Bowl odds changed dramatically as the nation learned how COVID-19 affected gameplay throughout the season. The NFL powered through the 2020-21 schedule, however, sometimes rescheduling games for Tuesdays and even Wednesdays in reaction to positive COVID-19 tests.

The NFL experienced plenty of positive tests this season for COVID-19. The league’s proactive stance in attempting to contact trace to stop the spread and save games played out as a very successful tactic for the NFL.

Odds

There were some pitfalls, however, as they contemplated canceling games. At one point, ESPN’s Adam Schefter reported via Twitter that the NFL considered adding a Week 18. The details of how week 18 would have played out are still unknown. What we do know, is that the NFL ultimately didn’t need a Week 18.

While the NFL approved new protocols in the case of canceled games, it was clear that they had no interest in doing so. The NFL played the Ravens vs. Steelers game on a Wednesday when it was originally scheduled six days prior, on Thanksgiving.

Furthermore, the Broncos’ entire quarterback room was placed on the COVID-19 list making them ineligible for week 12. Many might forget this but it was the strangest game I remember in the NFL. The result was starting a wide receiver at quarterback and being embarrassed 31-3. The NFL had zero interest in canceling games.

The playoffs were not played in a bubble as the NBA did for the 2020 NBA Finals playoffs. This was rather surprising considering players were consistently testing positive for COVID-19.

The NFL did not hit many snags in the playoffs. There were not any game-changing COVID-19 positive tests. Hopefully, we’ll never see another NFL season affected by COVID-19 as much as the league experienced last season.

Where Can I Bet On The Super Bowl Online

If you want to bet on the Super Bowl online you must be located in one of the states that permit legal online sports betting.

The list of states where online sports betting is legalized changes regularly. Each of these states already has live online sportsbooks ready to take Super Bowl futures bets. Most also have retail sportsbooks for local betting.

States like New Jersey and Pennsylvania set the stage for online Super Bowl Betting early on. States like Colorado, Illinois, Indiana, Iowa, Tennessee, Nevada, and West Virginia all launched online sports betting. Michigan and Virginia became the two most recent states to launch online sports betting.

Each state has different sportsbooks that are legally allowed to operate in a given state. For example, BetMGM is legal in almost a dozen states, as are FanDuel and DraftKings.

Learn more in our Guide To Placing A Sports Bet Online.

How To Choose The Best Sportsbook For Super Bowl Betting

Many fans would be keen to use risk-free bet offers for a free shot at the Super Bowl winner at advantageous odds.

For instance, if you bet on the Buccaneers to win the Super Bowl before they signed Tom Brady you would get odds near +3000. These are extremely strong odds and gives your bet of $500 the chance to turn into $15,500.

It is important to differentiate which sportsbooks have the best odds. Sharps typically have multiple sportsbooks that they are registered with. They will flip between the sports betting apps to make a decision that is the most profitable.

For example, if PointsBet has the Buccaneers at +2900 but BetMGM had the odds at +2600, the seemingly small difference in odds is worth $1,500 in this particular bet.

Each sportsbook is different based on the available odds. Some charge a higher vig and some odds change because big amounts of money are being thrown around. If large wagers are placed on the Chiefs to win the Super Bowl, their odds will begin to change so the books can adjust to the amount of liability.

How To Place Online Super Bowl Bets

When bettors want to wager on the Super Bowl they must first sign up for a sportsbook. It is important to take advantage of promotions that they may have going. Refer to Bonus.com’s Sportsbook Reviews to get the exclusive promotional codes and find the sportsbook right for you. Then, follow these steps:

  • Step 1: Use our Online Sports Betting Guide to find the right sportsbook for you and to take advantage of the best promotions.
  • Step 2: Choose your sportsbook and download the app.
  • Step 3: Go to the sign-up page and register for your account.
  • Step 4: Enter your first and last name as well as your email address and last four 4 of your social security number.
  • Step 5: Deposit money using the promo code found in the review.
  • Step 6: Tap on Sports > NFL> NFL Futures> Super Bowl Odds> Place bet.
  • Step 7: Once your team wins the Super Bowl, sign in to your account options, tap withdrawal, and enjoy your payday!

Where Can I Bet On The Super Bowl In Vegas?

Las Vegas is one of the top cities for betting on sports in the country. Mobile betting is not ideal, however, as fans must go to a casino first before being able to register for a mobile sportsbook.

Vegas is known for its wide array of casinos and resorts that get herds of visitors from across the country. The plethora of options on the Vegas Strip will make the fan experience even more fun whether you are betting on live events already in progress or before gameplay. Going to Las Vegas sportsbooks to place Super Bowl bets is very common.

MGM Grand, Caesar’s Palace, and Golden Nugget are very popular Las Vegas casinos. The Westgate SuperBook, Caesars Palace, Wynn, South Point, Venetian, and many other Las Vegas casinos host sportsbooks. All of these venues offer numerous ways to bet on the NFL.

How Are Super Bowl Betting Odds Calculated?

Bettors that understand how odds are broken-down and calculated can make bets more educated. There are so many different factors that play into the Super Bowl favorites. More often than not, the best teams are going given the best odds. But this is not always the case.

Before the 2020-21 season, bookmakers placed the Chiefs and Ravens as the Super Bowl favorites, with both teams at around +600 odds. The books based Baltimore’s odds on the Ravens’ strong 14-2 regular season from the previous year, after which the Ravems were knocked out of the playoffs by the Tennessee Titans in a big upset.

Other factors will include the difficulty of their regular season schedule, additions to the roster from the previous year, and of course, the overall talent on the roster. When the Chiefs won the Super Bowl in February of 2020, they were +600 before the start of the season.

If you signed up for PointsBet Sportsbook or FanDuel Sportsbook, you were given a $500 risk-free bet. If you placed your risk-free bet on the Chiefs your $500 bet would profit $3,000 if Kansas City followed up with another Super Bowl win in 2021.

Just days after Kansas City’s Super Bowl LV loss, DraftKings Sportsbook set the Cheifs as the favorite to win Super Bowl 56. Despite the lopsided loss to the Bucs, the Chiefs clearly still hold status as the league’s most respected team according to the sportsbooks.

For more resources, check out our NFL Odds Calculator and Sports Betting Edge Table.

NFL Super Bowl LV Odds Breakdown

The Chiefs opened up as (-3) favorites for Super Bowl LV. Tom Brady played in his 10th Super Bowl which is unbelievable in and of itself. In a battle of superstars quarterbacks from different generations, Brady notched his record-setting seventh Super Bowl win.

Before the game, Bonus.com evaluated each team’s chances of covering the point spread:

Odds provided by DraftKings Sportsbook

Kansas City Chiefs (-3)

Super Bowl Odds For The Chiefs

  • The Chiefs went down 9-0 early in the first quarter against the Buffalo Bills and ended up blowing the Bills out. When tested, the Chiefs are the most explosive team I can remember seeing in all of my years of watching football.
  • The only way to beat the Chiefs is to keep the ball away from Mahomes. Big plays are not going to win you games. A slow, methodical approach to the game is the only hope to beat the Chiefs.
  • The Chiefs opened up as 3 point favorites in the Super Bowl and climbed to 3.5 at some books.

Tampa Bay Buccaneers (+3)

Super Bowl Odds For The Buccaneers

  • Tom Brady had three touchdown passes in the first half and looked horrific in the second half. However, he is 43 years old and has two weeks to prepare for the biggest game of his life. It has been Super Bowl or bust all year, they now have their shot.
  • The Packers were the best team all season long in the NFC. Rodgers was the NFC MVP and had plenty of chances to win the game. The Bucs cannot give out those chances again. Mahomes will make them pay every time.
  • The Buccaneers have the first-ever home Super Bowl. The Super Bowl will take place in Tampa Bay so there is a slight edge to having a home game. The difference should not be too large, there will not be many fans in attendance.

NFL Super Bowl Odds And Betting

Moneyline

Also known as a “straight bet” a Moneyline bet just chooses the winner of the game. When betting on the Moneyline, the odds are usually not exact. Typically there are favorites and underdogs. When the Chiefs and Buccaneers matched up for the Super Bowl, the Chiefs were around -171 and the Buccaneers +147.

When comparing NFL odds, a plus symbol means that the option is an underdog. The minus symbol means the option is a favorite to win. Moneyline betting odds with a “+” notation are relatively simple to calculate. The +147 line on the Buccaneers, for example, means a $100 wager would net $147 in profit. In other words, the $100 bet would return a total of $247 (the $147 in profit and the original $100 bet).

Point Spreads

Points spread bets or “handicap bets” are when sportsbooks put teams against a number that they must win or lose by. For the Chiefs, they were -3.5 against the Buccaneers at some sportsbooks during Super Bowl LV. Had they won by three points and you bet on -3.5, the bet would lose. Conversely, if the Buccaneers lost by three and you had +3.5, your bet would win.

Over/Under (Totals)

Betting on an Over/Under or total points bet means you are not betting on any team. If you bet over you are betting on the combined number of points between the two teams.

Bookmakers set a number, and bettors need to decide whether the game will go over or under that number. For Super Bowl LV, bookmakers set the Over/Under at 55.5, and the final combined score of 31-9 (40 total points) paid off bets on the under.

Parlays

When placing a parlay bet, you are betting on two or more things to happen. To get paid on your bet, all of the outcomes must occur in a given parlay. If you parlayed the Buccaneers to win with Under 55.5 your bet won. Conversely, if you bet Chiefs to win and Under 55.5 your bet lost, as the Chiefs losing made the parlay a losing ticket.

What Is An NFL Futures Bet?

The futures market in sports betting is a huge part of the industry. The possible bet types range from championship winners to divisional winners, and even MVP candidates.

For instance, just days after Super Bowl LV, DraftKings Sportsbooks started giving odds on next year’s Super Bowl champion. Futures bets on the Super Bowl LVI champion opened with Kansas City (+550), Tampa Bay (+900), and Green Bay (+900) among the favorites.

Super Bowl Prop Bets

Prop bets are becoming more popular in the sports betting world. And there is no more popular betting event than the Super Bowl. Super Bowl prop bets go hand-in-hand because of the creativity involved and the added excitement for a much-hyped game.

A prop bet is a bet on an occurrence or non-occurrence of an event happening in a game, match, or season.

Super Bowl LV Available Prop Bets

Most Super Bowl prop bets are set once the teams are decided for the matchup. Until then, sportsbooks might get creative about what prop bets they start to offer before that time. Due to how unique this NFL season is, the prop bets could be more creative than ever.

The sportsbooks offered several interesting prop bets for Super Bowl LV:

Odds are provided by DraftKings Sportsbook

Super Bowl MVP Odds

Patrick Mahomes: +100

Tom Brady: +210

Tyreek Hill: +1200

Travis Kelce: +1300

Where To Place Super Bowl Bets

Leonard Fournette: +2500

Clyde Ewards-Helaire: +2800

Super Bowl MVP is one of the most popular bets for the Super Bowl. Eight of the last 11 Super Bowl MVPs have been quarterbacks, as Tom Brady won the Super Bowl LV MVP award.

Coin Toss Odds

Where To Place Bets On Super Bowl

Heads – 103

Tails -103

Betting on Heads or Tails is a popular bet on the Super Bowl. This is a pure 50% bet but some books are still collecting a vig. This bet could be done anywhere anytime so the modest vig from sportsbooks is worth avoiding.

To Win Coin Toss And Game Odds

Tampa Bay Buccaneers: Yes +355 No -500

Kansas City Chiefs: +205 No -265

This bet immediately popped up for me because the parlayed vigorish isn’t very high. This could be another way to get juicier odds on a team that you think will win. The Chiefs are -167 on the moneyline and the Buccaneers are +145 to win.

Total Players To Attempt A Pass

Over 2,5 Players : +165 Under 2.5 Players: -215

I didn’t see an argument for under at that price. We saw Tom Brady constantly throwback to a wide receiver throughout his years with the Patriots. Super Bowls are always going to bring out massive amounts of creativity.

Final Play Of The Game To Be A Kneel

Yes: -200 No: +159

Unless the game ends in a Hail Mary or last-second field goal attempt, it is hard to imagine the game ending in anything other than a kneel… right?

Past Super Bowl Prop Bets

The Westgate Las Vegas, an oddsmaker, started getting creative with prop bets on the Super Bowl. Now, every sportsbook puts out Super Bowl prop bets. Even websites likeCBS Sports, which does not cover gambling regularly, cover Super Bowl prop bets.

One popular prop bet for the Super Bowl is how long it will take the singer to complete the National Anthem. Leading up to Super Bowl LIV, singer Demi Lovato sang the National Anthem for the Conor McGregor vs Floyd Mayweather fight in 2018. She clocked in at well over 2 minutes for that performance.

The expectation would be that she would do the same at the Super Bowl. Shockingly, Demi Lovato went under 2 minutes at +180 for the performance. This bet is offered every year and will assuredly be offered this year too.

Super

NFL Season-Long Prop Bets

In addition to Super Bowl prop bets, many sportsbooks offer season-long NFL prop bets. These can be bets on a particular team or a particular player’s performances and stats over a season. In football, many of these NFL prop bets revolve around injuries.

For example, if at the start of the season, you bet on Dak Prescott to lead the league in passing yards, you were out of luck. He suffered a season-ending compound ankle fracture in Week 5.

It is impossible to bet on who will or won’t get injured. However, it is best to grab a player who is rarely injured that you believe in. Avoid players who are often injured or have soft tissue injuries regularly.

How The NFL Draft Affects Super Bowl Odds

In some cases, the NFL Draft can shift the odds one way or another. For instance, the Chiefs drafted Clyde Edwards-Helaire at the backend of the first round by the Chiefs. He ended up as a major contributor and able to help the Chiefs backfield.

This is rare, however. Teams that are competing for a title usually do not have top draft picks to get an impact player. The Chiefs would have been the favorites to win the Super Bowl preseason whether they had Edwards-Helaire or not.

Strategies For Super Bowl Betting

Alternate Lines

Using Alternate Lines can be extremely profitable when it comes to sports betting. When a line comes out from the sportsbook, it can move in many different directions. If you like the Super Bowl line at the beginning of the week, it could be wise to jump on it early with an alternate spread to increase profitability.

Fade The Public?

Super Bowl lines move all over the place because it is one of the most bet on sporting events of the year. Fading the public is a betting strategy that goes with the initial betting line that oddsmakers put out. The idea is to not follow where the public is betting and to always stick with the professionals.

What Is Middling In Sports Betting?

A betting strategy that most casual bettors would not know, Middling is a strategy that mandates multiple wagers on a game. It is not perfect but it can be quite effective. The best way to explain middling is with an example.

  • You place a bet on the New York Giants at -4 vs the Dallas Cowboys
  • *The line moves to Giants -7*
  • You then place a second wager on the Cowboys +7.
  • It is called middling because the bettor wants the best of both outcomes. They want the Cowboys to lose by less than 7 and the Giants to win by more than 4.

This will limit your financial risk and allow you to win in multiple different ways.

Betting Odds For The Super Bowl FAQ

Yes, in states with legalized sports betting. Currently, almost two dozen US states allow legal sports betting, with more than a dozen of those states offering legal online sports betting.

Some of the states that offer both land-based and online sportsbooks include Nevada, New Jersey, Pennsylvania, Colorado, Indiana, Illinois, Michigan, and more.

Office pools and other types of betting on the Super Bowl outside of legal sportsbooks are technically against the law.

How old do I need to be to bet on the Super Bowl?

In most states, you must be 21 years of age or older to bet on the Super Bowl. In New York, Montana, and Rhode Island you are legally allowed to wager at 18 years or older.

The top online sportsbooks include FanDuel, DraftKings, BetMGM, and BetRivers, and William Hill. Every single sportsbook that you find will offer bets on the Super Bowl. The Super Bowl is the most bet on sports event of the year so any sportsbook that is not offering the Super Bowl is not a reliable online sports betting site.

Yes. Using any of the legal online sportsbooks found on this page will allow you to place any bet legally and safely. Be careful to only use sportsbooks that are legally licensed or partnered with a legal online casino. They are the most reliable for safe deposits and cashouts.

Do online sportsbooks offer in-game, live betting during the Super Bowl?

Yes. Live betting on the Super Bowl is an extremely popular and fun way to bet. In-game betting is not limited to the spread or moneyline either. You can bet on a host of prop bets and point totals throughout the game as the lines move.

Yes. Many sportsbooks have licenses to hold these types of bets. From the length of the National Anthem to the color of the Gatorade at the end of the game, everything can be bet on during the Super Bowl.

Who is the current Super Bowl odds favorite for 2022?

The current favorite to win Super Bowl LVI is the Kansas City Chiefs. Other favorites in the eyes of the sportsbooks include the Tampa Bay Buccaneers and Green Bay Packers.

Super Bowl LV will take place on February 6th, 2022 at SoFi Stadium in Los Angeles, CA.

Draftkings Super Bowl

The home of the Los Angeles Rams and Los Angeles Chargers, SoFi Stadium will host the Super Bowl for the first time next year.