Table of Contents
The Super Bowl is an incredibly popular annual sporting event to find out the next National Football League (NFL) champion. It’s one of the most-watched sporting events worldwide, having millions of viewers and broadcasts in over 170 nations. No wonder Super Bowl betting has become a thing among sports bettors.
Can I Bet on the Super Bowl?
If you’re thinking of betting on football, Super Bowl betting is a great starting point. You have different bet types to choose from, making it an excellent option for sports bettors. As with football, Super Bowl betting has three categories: moneyline, over/under, and against the spread.
Moneyline
In Super Bowl betting, moneyline is the easiest wager you can make. Here, you’ll bet on which team will win the match straight up. The margin of victory is not significant in this bet. So long as the team you wager on wins, you win also. But it’s not as simple as it sounds.
Since betting on the favorite means lower payout, you won’t enjoy the perks of the spread if you go for the underdog. Super Bowl betting sites won’t reward you the same way for choosing a massive favorite to win. But when you select an underdog correctly, you win big.
Over/Under
Unlike moneyline, over/under betting doesn’t involve choosing the winner. Sports bettors usually bet on the final score. You’ll predict the total number of points the teams will score in the match. The game total is most likely to change over time. It depends on which side gets most of the money wagered.
Additionally, pushes are possible but only when the total isn’t a half digit. And because over/under has odds unique to each side of the line, you can expect different payouts between the over and the under.
Against the Spread
Arguably the most popular way to bet on football, betting against the spread means you’re taking the underdog and match scores. Here, you win if the underdog wins the game outright or loses by less than the given point spread.
The change in the spread often confuses sports bettors. If bettors are wagering lots of money on one team compared to the other, bookies will alter the spread to minimize loss and promote balanced betting on both sides.
How Does Super Bowl Betting Work?
Bookies release their lines soon after both Super Bowl teams are final. The first wave of odds will be for totals, moneylines, and point spreads. After that, you’ll likely see the figures fluctuate depending on the betting action.
When it comes to Super Bowl betting, you can’t go wrong with shopping around and comparing odds at different bookmakers. Since lines won’t all move in unison, you can find better figures by simply comparing options. If you opted for moneyline betting, choose the team you think will win the match. For totals, you can pick over or under the estimated figure.
Whichever bet you choose, you’re in for lots of Super Bowl action. Totals, moneylines, and point spread all make for fantastic ways to participate in the biggest betting event of the year. In addition, you can also make futures bets.
Futures betting means placing a wager on the winner of the next Super Bowl. Lines will come out as soon as the game is in the books. Some bookies give a sneak peek before the match is even final.
How To Find the Best Super Bowl Betting Site
Super Bowl betting at a retail sportsbook is fun, but it’s tough to beat the ease of online sports betting. You have tons of options out there, and choosing the best Super Bowl betting site can be rather tricky. But you don’t have to panic as this guide will give you tips to know which is the right one for you. Check out the things to consider below.
Legality
First things first, you must ensure that your chosen Super Bowl betting site is available in your region. In the USA, for instance, live sports betting is only available in 18 states. Checking the legality of a website makes it easier to see if you can register with them or not. If you joined a Super Bowl betting site unavailable to your region, you might not be able to make wagers or withdraw your winnings.
Welcome Bonuses
No matter what sport you’re betting on, learning to make the most of sign-up offers is worth your while. Super Bowl betting sites offer new user bonuses that you can use to get a lot of value out of your money. These offerings include free bets, deposit matches, and risk-free wagers. And as always, don’t forget to read and understand bonus terms and conditions before signing up. That way, you won’t end up disappointed.
Live Betting Options
When it comes to live betting, markets and odds are prone to drastic changes. Given this, the best Super Bowl betting sites provide a wide variety of live betting options that have fast loading times and are easy to navigate. Moreover, checking the market range is crucial as this will give you more winning chances.
Market Variety
The best Super Bowl betting sites offer a massive market selection for the big game, giving you plenty of options. Usual choices include spread, totals, and moneyline markets, along with several games and player props. You can also bet on the color of the Gatorade shower, toss coin result, and half-time show-related markets.
Super Bowl Betting Tips
Like other sports bettors, you’ve surely dreamed of having a winning streak regularly or enormously. Super Bowl betting does involve an element of luck. However, chance alone is not enough. If you want to become a successful sports bettor, check out some winning tips below.
Understand Every Betting Market
If you’re planning to take Super Bowl betting seriously, it makes perfect sense to understand all betting markets. Failure to do so makes you prone to making mistakes and missing winning opportunities. So before you place your first bet, make sure to do your homework. Learn the pros and cons of different bet types.
Monitor Your Wagers
When Super Bowl betting, keeping a log of your wagers is essential. By so doing, you won’t falsely think that you’re doing well. Your record lets you see which bets and markets contribute the most to your earnings. If you notice a market you’re continually losing money on, it’s best to do away with it. Likewise, if a bet brings in many winnings, consider doing more like that.
Don’t Wager With Your Gut
Believe it or not, your gut feel counts for little in Super Bowl betting. So instead of trusting your heart, do your research. Take advantage of the strategies and resources available. The best places to start are reviewing the previous performances of teams, how they differ home and away, how many goals they score, and past matchups against each other.
Use Different Bookies
Odds vary across sportsbooks. And when you’re placing bets regularly, finding the best odds for each wager makes a vast difference to your winnings. Case in point, why would you pay more for something that has the same risk?
Try Matched Betting
Matched betting is a favorite among seasoned sports bettors. This Super Bowl betting strategy involves using free bets along with a betting exchange to lay off your wager to ensure a lucrative return. When you’re betting on a match result, this works by having your bet cover one possible outcome while lay covers the other two.
