Super Bowl Odds Explained

Ahead of the Super Bowl, our NFL expert has revealed his picks for the best of the pre-made Super Bowl 2021 parlay bets. Super Bowl parlay bets: Our picks 10x Your Money if either team Scores 1. Super Bowl Future Betting Odds. The first lines for the Super Bowl are released roughly a year in advance. Futures lines come out following the completion of the Super Bowl from the year before. Oddsmakers do not waste time in formulating new odds for the next season. This is an early opportunity for those interested to cash in well in advance.

Plus, you can also see that the Super Bowl odds for the online sports betting sites are not all exactly the same. However, the odds you see for the Super Bowl that the teams have to be the victor. Bills -4.5 -110 Here, the odds makers have decided that the Bills should be considered the favorites by 4.5 points. If you place a bet on the Bills here, they’d have to win by more five or more points for you to win, a $110 wager seeing you win $100. A wager such as Super Bowl Champions or MVP will have money options listed, whether it be all 32 teams or 30-50 of the league’s biggest stars. Each option will have odds listed next to it. Betting Super Bowl odds on the Kansas City Chiefs to repeat as champions at +550 means a $100 wager returns $550.

Hundreds of millions of people in the United States and around the world tune in annually for the Super Bowl. The Super Bowl is much more than a football game, it's become a mega event surrounded by entertainment. The extent of the game stretches so far that even a 30-second commercial spot during the broadcast costs companies several million dollars. Outside of those dollars spent, betting on the Super Bowl produces the largest influx of money into sportsbooks seen all year long. Las Vegas comes out with annual numbers following the big game as to how much was wagered, which side received the most action + more.

From a numbers standpoint, there are more betting lines formed for Super Bowl matchups than any other single game in any sport. The goal of this page is to educate readers on all the different types of Super Bowl betting lines and ways to bet on the Super Bowl because there is plenty of action outside of the game lines which many fans + casual sports gamblers do not know about. Everything from props that concern the pregame + halftime show, in-game coverage and other events have also become extremely popular and ExplainBettingOdds.com readers can get up to speed on it here.

Bovada Sportsbook - Super Bowl Bets Is Here For Bovada Players

This is one of the most important games in the NFL. The Super Bowl is huge and the whole stops when this game is going on. The fact that everyone watches this game lets you know that bets on this game will be flying in. With so much going on that day, Bovada is already known to have the Super Bowl bets up for all the bettors with an account.

Not just game bets but also bets on commercials and other things. This is why Bovada is known to be one of the best and players make sure to pick the best banking method available on Bovada to make sure their money is put on their account with no problem at all. There is live betting and also a mobile betting feature here for players on Bovada so Super Bowl Sunday will be very interesting when having an account with Bovada.

SportsBetting Sportsbook - Tons Of Parlay Bet For All Sports

The reason that many players love to place bets on SportsBetting is because the odds are set up perfect players to win big. There are always great games going on no matter the sport so that means that there are plenty of bets that will show up and many of the time players will decide which prop bets are best for them. Most of the time players will see more than one bet that they really like and this is where parlay bets will come.

The thing is SportsBetting already has all the great bets so now when you put all these prop bets in the basket and make it one big bet, this is where cash will flow! SportsBetting is known for great prop bets so when you can tie them all together, this only means more players will come in and place parlay bets and win huge!

BetOnline Sportsbook - BetOnline Has Super Bowl Bets

The Chiefs would a Super Bowl and have the chance to make another move on another Super Bowl. BetOnline will be ready for Super Bowl Sunday and always have been ready. The fact that you can log in and see all kinds of bonuses set for Super Bowl Sunday is just one of the few reasons why BetOnline is one of the top sportsbooks across the world. Most of the time, players will already bet on football games so the fact that the Super Bowl is the biggest game of them all means more players will bet on this game and BetOnline knows it.

With betting features like mobile betting and live betting on BetOnline, this only means there are way more prop bets up for bettors to pick from. More prop bets only mean more money that can be made. The banking methods here on BetOnline will be very easy to use as well so this makes BetOnline very simple to use. Sign up once you’re 18 and make sure you are ready for Super Bowl Sunday!

SportsBetting Sportsbook - Super Bowl One Of The Biggest Betting Options

So there are all players here on SportsBetting that know there are many betting chances for them all the time. The reason that most players bring their friends to SportsBetting because they know what kind of money can be won on this site. Super Bowl Sunday is one of the biggest times in the NFL and SportsBetting knows that. There is plenty of betting options here on this site for all the players soon as the Super Bowl is being talked about.

The prop bets are all over the place and it is not just for the game. There are bets on commercials and other things that happen during the Super Bowl. Fans that have a SportsBetting account know that this game is always big and having the mobile betting feature along with live betting feature is where the money is always flipped as well. SportsBetting has it all with all sports so when it comes to the Super Bowl, there are more options than any other game

MyBookie Sportsbook - MyBookie Has Super Bowl Bets

The Super Bowl as we know is one of the biggest sporting events that go on during the sports seasons. There are the NBA finals and fans love that but the Super Bowl is only one game and this is the one that all players wait for all season long. Most of the time there are parlay bets that can be set on MyBookie as there are plenty of prop bets that players would like to take.

The fact is there are also features like live betting and mobile betting that favors MyBookie and bettors will refer this site to their friends to sign up for. As if there are enough things that MyBookie offers, there are also refer bonuses and other bonuses offered to players as well once they sign in. It is great to know that once your sign up for your account that there will be a lot of different things offered to players that help them make a lot of money. Making wagers is about making money and MyBookie makes sure that they have those opportunities there for its players.

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What Would You Like To Learn About First?

Game Lines - Future Odds - Prop Betting - Wager Types - Where To Bet

Point Spread + Other Game Lines

The point spread for the Super Bowl is released within hours after the conference championship games. With a bye week in between the conference titles and the Super Bowl, online sportsbooks will have odds up for roughly 14 days. Game lines for the Super Bowl will remain up until kickoff. The point spread released at the onset is the 'opening line'. This may change over the course of the two weeks or it may stay the same. The line shift depends on how bets are placed. If one side of the line is receiving more action than the other, the point spread will be adjusted. This is to balance out the wagers from the perspective of the sportsbook. A line could move as little as a half-point or it could be several points.

When betting on the moneyline, the user will see the payout to win the game straight up for both teams playin in the Super Bowl. In essence, it's a bet picking the winner of the game. With no spread, the payouts could vary significantly. The favorite in the game would pay out less than the underdog without a point spread. The goal of the spread is to even out the perceived handicap by oddsmakers.

The third aspect to Super Bowl game lines is the game total or the over/under as it is known in some cases. This is a wager made on the total points scored between the two teams in the contest. Like the point spread, this number can be adjusted based on the money wagered. Game totals take into consideration a wide number of factors. This betting line is released along with the point spread. The money line is generally formed days later.

More:What Is The Point Spread? Moneyline? Over/Under?

Super Bowl Future Betting Odds

The first lines for the Super Bowl are released roughly a year in advance. Futures lines come out following the completion of the Super Bowl from the year before. Oddsmakers do not waste time in formulating new odds for the next season. This is an early opportunity for those interested to cash in well in advance. Super Bowl futures have some of the highest margins of profit of any betting line relating to the game. They also give plenty of time to lay money down. Throughout the offseason many online sportsbooks will have these lines up and available. With no weekly games, the payouts do not change unless noteworthy transactions affect the teams.

Once the regular season gets going, weekly updates to the current odds to win the Super Bowl are adjusted. Teams are formed with the odds to win up until they are eliminated from contention. This comes sooner for some teams than for others based on performances. Even as the playoffs get underway, futures are still available. This will be true up until the conclusion of the AFC + NFC Championship games and the Super Bowl matchup is known.

More:What Are Future Betting Odds? Current Super Bowl Future Betting Lines

Understanding Super Bowl Props

Prop odds are what separate the Super Bowl from other games. Because so much money is wagered on the Super Bowl, sports betting sites take prop betting to the next level. Not only are the teams + players covered more in-depth, so are the surrounding factors outside of the matchup. Get the details just below.

Super Bowl Team Prop Odds - Teams props are some of the most-popular wagers made on the Super Bowl. But it's hard to qualify team props into a handful of categories. This is because sportsbooks can come up with all kinds of scenarios that users can wager. The majority of these wagers revolve around the performance of both teams playing in the Super Bowl. Scoring benchmarks such as the first to score 10 points, or the first team to score a touchdown in the game are good examples. Payouts for team props stay around even money based on two outcomes. However, there can be team prop lines with more than two outcomes. In this case, payouts can be all over the map.

Super Bowl Player Prop Odds - A regular season NFL game might have 30-40 player props lines for a matchup. A Super Bowl will have 10 times that. No player performance (especially at a skill position) is left out in the cold here. Quarterbacks, running backs, wide receivers, defensive backs, linebackers, and even the kickers are installed with odds based on how they might finish statistically. Each betting line is specific to the position, with online sportsbooks dedicating plenty to both teams. Player proposition wagers for the Super Bowl are formed + released over the two-week period. They are not all available at once, coming out gradually.

Wacky (Special) Super Bowl Props - This is where betting on the Super Bowl gets interesting. It's also what separates it from other games. One thing that wacky prop odds do is bring those who might otherwise have stayed away from wagering into the mix. Entertainment betting lines such as the wardrobe of the halftime performer, and how long it takes the opening singer to get through the National Anthem are frequently formed. Another staple is the color of the Gatorade bath at the end of the game dumped over the winning coach. Each year sportsbooks come out with something new, always involving a unique aspect to the teams involved.

More:What Are Player Props? Team Props? Prop Bets For The Super Bowl

Super Bowl Wager Types

Sportsbooks will offer several wager types. Straight bets are the most-common wagers made, but for the Super Bowl there can be much more. Betting sites will detail the available options, but terms like parlays, teasers, and pleasers should be familiar to you. The opportunity to link together bets for a higher profit is the idea behind a parlay. The chance to shift the point spread comes with a teaser + pleaser. There are many fun things that can be done to bet on the Super Bowl from the standpoint of wagers. When visiting online sportsbook, check out the rules pertaining to the wagers that can be placed on a football game. If unclear, consult customer service for answers as they will be able to help.

More Wager Types:Parlays Pleasers Teasers If Wagers Buying Points

Other Ways To Bet On The Super Bowl - Live Betting On The Super Bowl

Expect live wagering to be available at many online sports betting sites each year. Wagering live on many sports has expanded, with the Super Bowl being a huge part of that. Online sportsbooks will have a live betting section specifically designed to handle the Super Bowl odds that are formed. Bettors must be decisive when live betting, as the odds change with every down played. However, if timed right, you the odds presented will be much better than anything offered before the game started.

Learn More About:Live + In-Game Wagering On The Super Bowl

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
+3100 +3100 +3000 +3000
+3000 +3100 +3000 +3000
+3000 +4000 +3000 +4000
+4000 +4000 +4000 +3300
+4000 +4400 +4000 +5000
+5000 +5000 +5000 +4000
+5000 +5000 +5000 +5000
+6000 +5000 +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 +13000 +8000 +12500
+12500 +10000 +10000 +15000

Odds are automatically updated 1 time per day

Best Super Bowl 2022 US Sports Betting Bonuses & Offers

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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.

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.

Super Bowl Odds Explained

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

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

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.

Super Bowl Odds Explained Results

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.

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.

Odds for super bowl 2020

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

Super Bowl Odds To Win

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.

Super Bowl Odds Explained 2020

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.

Betting Odds For The Super Bowl

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

Super Bowl Odds Explained Chart

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