One of the coolest things about the Super Bowl is that it's the number one sporting event for attracting new and first-time sports bettors. If you're here, the chances are high that this is probably the first time you've ever bet on sports, which is awesome! But with that awesomeness comes a lot of questions.
- Draftkings Super Bowl Odds
- How To Bet On Super Bowl Squares
- How To Place A Bet On Super Bowl
- How To Place A Bet On Super Bowl Projections
How do you bet on the Super Bowl? Where can I bet on the Super Bowl? How do I make sure I don't make any beginner mistakes? In this guide, we're going to address and answer all of those questions and more. In a matter of minutes, you'll have all the tools, knowledge, and resources you need to know how to bet on the Super Bowl in 2021.
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. Money line – If a bettor simply wants to place a wager on which team they think will win the Super Bowl, there are money line odds placed next to each team's name that indicate the chances that team has to. All you have to do is find the moneyline tab on the standard betting line for the game, and click the box next to 49ers +105. You selection will be automatically highlighted by the site. Scroll to the right side of.
- Moneyline Betting. Betting on the moneyline is the easiest Super Bowl bet you can make.
- Step by Step Guide for How to Bet On The Super Bowl Right Now 1. Decide What Type of Super Bowl Bet You Want To Make. Pick out the type of wager you want to make. If this is your. Decide How Much.
Where to Bet on Super Bowl 55 Right Now
Betting Site | Bonus | Bet Now | |
|---|---|---|---|
| 1 | up to €30 Free Bet | Go to Site | |
| 2 | 22Bet | 100% up to €122 | Go to Site |
| 3 | 100% up to €200 | Go to Site | |
| 4 | 10Bet | 100% up to €50 | Go to Site |
| 5 | 100% up to €50 | Go to Site |
5 Options for Real Money Betting on Super Bowl 55
Online Super Bowl Betting Apps
The easiest and most popular way to bet on the Super Bowl is a perfect marriage between sports and technology. Thanks to innovation and tech growth, you're now able to bet on the big game without ever needing to leave your home, office, or lazy boy. We're talking about online Super Bowl betting apps! If you want to get into the action fast, but in a safe and reputable manner, check out one of the sports betting sites we've listed at the top of this guide.
- Most convenient and efficient way to place Super Bowl bets
- Bonuses and VIP rewards available for players of all levels
- Safe, secure, and no risk of someone else messing up your bet
- Might feel different if you're used to betting in person
- Lots of betting app options to choose from (may feel overwhelming)
Our Favorite Option:
Our two favorite picks for the best Super Bowl betting sites online are MyBookie and BetUS. Click in the links below so you can check out these betting apps.
In-Person Sportsbooks
The most well-known option for how to bet on the Super Bowl is brick and mortar sportsbooks. This might be a sportsbook attached to a casino or a stand-alone bookmaker. Either way, these in-person establishments allow you to join other patrons and make wagers face to face.
- The sportsbook atmosphere around Super Bowl time can be exciting
- You can get free drinks
- You can talk to someone face to face if you have questions
- Lines are especially long around Super Bowl time
- Betting odds can change against you while you're waiting in line
- Bonuses and rewards are limited, especially for smaller bettors
- Higher probability of human error
Our Favorite Option:
It all depends on where you live, and if you have a brick and mortar sportsbook close by. Check our US sportsbooks page to find out more about how to gamble in your state.
Draftkings Super Bowl Odds
Wagering With Family and Friends
Want to liven up the game with a little competitive fun with friends and family? Well, if you want to, you can always choose to make bets right at home. What's great about wagering with friends and family is that you don't have to bet money. You can bet chores, the next meal, or even a round of drinks.
Be careful, though. If you do bet money and it's enough to sting when someone loses, you may risk souring relationships. If that's a concern, stick to one of the other ways to bet on the Super Bowl from this list.
- You don't pay any rake on wagers
- It can add some fun competition to the game
- You don't have to bet money if you don't want to
- Could cause relationship issues
- Winning means taking money from friends and family (not the sportsbook)
- No system for arbitration if there are arguments
Our Favorite Super Bowl Bets With Friends:
- Bet on the game-winner
- Bet on whether or not the total final score will be odd or even
- Bet on whether or not the first score will be a touchdown or something else
Private Bookies
If you've ever watched a classic mobster movie, then you know what a bookie is. It's someone who basically 'runs their own sportsbook' or collects money for someone else running their own sportsbook. These private bookies are almost always doing something illegal. In the early days of sports betting, we understood why people would take the risks to use these people,
However, with so many great Super Bowl betting apps and other simple options, there's no need to take on this unnecessary risk anymore. We only included the option here for completeness.
- We don't condone the use of private bookies due to the lack of pros and benefits associated with the practice.
- It's illegal in most jurisdictions
- You have no way to protect yourself from theft
- The ability to bet on margin can get you in a lot of trouble
Our Favorite Option:
None, unless you like having your legs broken. Seriously, there are zero good reasons you should be using a private bookie when you have so many reputable online Super Bowl betting site options.
Daily Fantasy Sports (DFS)
A slightly different way to bet on sports that has grown in popularity over the past few years is daily fantasy sports (DFS). DFS is a lot like the season-long fantasy sports you're used to (where you get points for players doing well), but it condenses the leagues down into a single day or even a single game competition. If you want to mix things up for this year's Super Bowl, DFS might be something worth checking out.
- Good opportunities to turn a small buy-in into a large win
- Access to a large pool of other sports bettors to compete against
- Different than traditional sports betting
- Large player pools make it tougher to win
- Requires more understanding and learning than traditional betting
- Not available in many states in the U.S.
Our Favorite Option:
The best option currently for daily fantasy sports is DraftKings. And remember you can learn all about DFS in our complete Daily Fantasy Sports betting guide, link below.
Step by Step Guide for How to Bet On The Super Bowl Right Now
1. Decide What Type of Super Bowl Bet You Want To Make.
Pick out the type of wager you want to make. If this is your very first bet, we recommend choosing either a moneyline bet, a spread bet, or an over/under bet.
- Moneyline bet – All you have to do is pick the team that wins the Super Bowl.
- Spread bet – Pick the team that is going to outperform their expectations. The team you bet on doesn't necessarily have to win the game for you to win your bet. For example, if a team is +3, they are expected to lose the game by 3 points. As long as they lose the game by 2 points or fewer (or win the game), they've outperformed the spread and you win.
- Over/Under bet – This is a wager on the total number of points scored by both teams. The Super Bowl betting site sets a line of how many points it believes will be scored cumulatively.
- If you choose the over and more points than that line are scored, you win.
- Choose the under and fewer points than that line are scored, you win.
It never matters who wins the game or what team scores the points. The only thing that matters is when you add both scores together at the end of the Super Bowl.
2. Decide How Much Want To Make Your Wager.
Online Super Bowl betting websites let you wager as little as a few dollars, whereas in-person options might have slightly higher minimums. If you're brand new, it's okay to bet small to get your feet wet.
Remember, if you need any help to determine your bet sizes, you can check our sports betting bankroll management page.
3. If You Choose To Bet Online, Open up Your Free Player's Account.
Click one of the links we've provided at the top of the page to head on over to the Super Bowl betting site of your choice. Any of the options we've recommended will give you a great experience.
4. Make a Real Money Deposit.
Once you create your account through the ‘Sign Up' or ‘Join Now' button, head over to the cashier and make a real money deposit. You'll have plenty of different options to choose from.
5. Navigate To the Super Bowl Bets.
After your account is funded, head over to the Super Bowl bets page. You may see a direct link or you may need to click on Sportsbook > Football > NFL > Super Bowl (or a similar combination on the menus) to get there.
6. Find the Wager You Want To Make and Add It To Your Virtual Betting Slip.
Pick out the bet you decided on in step one and click to add it to your virtual betting slip.
7. Enter How Much Money You Want To Bet.
Enter the amount of money you want to bet on your virtual betting slip.
8. Confirm That Everything Looks Correct.
Make sure that everything looks correct. The things to check include:
- You chose the right side of the bet.
- The amount you want to bet is correct.
- The amount you are getting paid if you win is correct.
- You chose the right game. Generally, this is tough to mess up with the Super Bowl, but it's worth noting.
9. Place Your Bet, and Reconfirm Everything Looks Correct on Your Betting Slip.
Click the ‘Place Bet' button. You're in! Immediately double check your betting slip one more time to make sure it's correct. If you find an issue, don't leave the betting counter (in-person) or contact support immediately (online).
10. Enjoy the Game!
Sit back and see if you made a smart Super Bowl prediction.
4 Tips for Making Your First Super Bowl Bet
- Keep it simple – You're new to all of this. There's no reason to overcomplicate things. Stick to simple bets. And guess what? There is zero correlation between the complexity of your bets and the amount of money you can win. Many of the most successful NFL bettors make tons of money every year with the simplest of wagers.
- Start small – If this is your first time making real money sports bets, start small. Sports betting is going to be around for a long time, and the next NFL season is only a few months away after the Super Bowl.
- Remember why you're betting – If you're betting for fun, don't get wrapped up in the results. If you're betting to make money, make sure you stick to profitable strategies. We've seen a lot of people serious about making money wagering on things during the Super Bowl like the coin flip or what color shirt the halftime act is going to wear.There's nothing wrong with betting for fun or to make money—just remember what side of the aisle you're on.
- Always check your work – You'll see us mention this several times throughout our guide on how to bet on the Super Bowl and for good reason. No matter where or how you bet, you need to check your betting slip immediately after you bet. If you bet in person, there's a chance the agent made a mistake. If you bet online, there's always a small chance you made a mistake. If you catch it right away and let someone know, the chances are good that you can get things corrected.
Common Beginner Super Bowl Betting Mistakes
Bets That Don't Work in Unison
If you decide to make multiple bets, make sure they work in unison. All of your Super Bowl bets should fit the same storyline of what you expect to happen in the game. For example, if you bet:
- Team A to win the game
- Team B to score first
- The team to score first wins the game
As you can see, you have contradictory bets here. If Team B scores first, you're already behind on your bet for Team A to win (which may be okay in some circumstances). However, your bet that the team that scores first wins the game can't win with the other two bets. If Team B scores first and wins the game, you win the last two bets but lose the first one. If Team B scores first and loses the game, you win the first two bets but lose the last one.
Forgetting to Check Your Tickets
We've mentioned it several times, and we're going to mention it again. Make sure you check your betting ticket before you bet and after. If you see something, say something. Mistakes can be corrected right away, but you'll never convince anyone you meant to do something different later.
Making Wagers You Don't Understand
There's an unhealthy perception in the betting community amongst some uninformed people that more complex Super Bowl bets give you a better chance of winning. It's simply not true. If anything, it lowers your chances of winning because you run the risk of making a mistake. Stick to wagers you completely understand.
Super Bowl Betting FAQ
Should I Use a Bonus When Betting on the Super Bowl Online?Yes, but which Super Bowl bonus depends on what your plans are after the big game. If you are planning on keeping your account open and betting on more games, you can use any bonus you want. The reason this is important is that bonus dollars come with a playthrough requirement. This means you have to wager the funds a certain number of times before you can cash them out. If you are only planning on betting on the Super Bowl and cashing out right away, this can create issues.If you are only planning on betting on the Super Bowl and cashing everything out right away, there is still a bonus you can use! The 10% up to $200 bonus from MyBookie comes with a 1x rollover requirement. That means that after you bet the bonus dollars one time, they are yours to cash out immediately!
Do I Need a Super Bowl Bonus Code To Cash in on Promotions?
- 10% up to $200 from MyBookie with a 1x rollover requirement
- 125% up to $3,125 from BetUS with a 10x rollover requirement
- 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!
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.
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.
How To Bet On Super Bowl Squares
- 10% up to $200 from MyBookie with a 1x rollover requirement
- 125% up to $3,125 from BetUS with a 10x rollover requirement
- 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!
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.
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.
How To Bet On Super Bowl Squares
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.
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.
How To Place A Bet On Super Bowl
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.
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.
How To Place A Bet On Super Bowl Projections
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.
