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How to bet on the NFL Super Bowl
The NFL’s Super Bowl is synonymous with sports betting. It’s the most bet-on annual sporting event and attracts over $10 billion in bets from around the world each year. If you’re not betting on the Super Bowl, you’re missing out.
Just because we didn’t get our Super Bowl betting picks in before the game started, doesn’t mean we can’t place in-game bets during the match.
The majority of Super Bowl sportsbooks offer live betting that allows bettors to place wagers during the game. The Super Bowl betting lines and odds are constantly moving during in-play which allows users to bet different odds than the ones available before the game.
In the 2017 Super Bowl, featuring the New England Patriots and the Atlanta Falcons, Tom Brady and the Patriots trailed 28-3 mid-way through the third quarter. At that time, some of the best Super Bowl sportsbooks had live odds of +1100 for the Patriots to come back and win the game (with those odds, a $100 bet would win $1100). The Patriots ended up winning 34-28 and rewarded some Super Bowl in-game bettors handsomely.
One of the main reasons the Super Bowl is the most bet-on sporting event in the world is due to its vast prop-bet market. A prop bet (short for proposition bet) is a type of wager that is placed on a player or an event in the game. Prop bets originated from Super Bowl betting as customers wanted more markets to play than the standard spreads or totals . The best Super Bowl sportsbooks offer hundreds of prop markets with some of the most popular ones being the game’s first touchdown scorer, players’ total yards, longest field goal scored, and team totals, just to name a few. Super Bowl betting sites also offer tons of non-game prop bets. These include, but are not limited to, the length of the national anthem, the color of the Gatorade dumped on the winning coach, heads or tails on the opening coin toss, and even if there will be a wardrobe malfunction during the half-time show.
The NFL crowns a regular-season MVP each year and that player is announced at the NFL Honors ceremony in the days before the Super Bowl. Much like everything else in the NFL: betting on the regular season MVP is an easy thing to do with many online NFL sportsbooks offering the market throughout the entire season. Quarterbacks have dominated the award, having won 13 of the last 14 years.
If we had placed a $10 bet on Baltimore’s Lamar Jackson in the 2019-20 season, we would be $8000 richer as 2019’s MVP was +8000 to win the award before the season started. Aaron Rodgers’ MVP win in 2021-22 was his second in two years and was more predictable but would have still yielded a good profit at +1000 before the season got underway. Who will the smart money be on for 2022-23? Is Kyler Murray comfortable in Arizona? Can the Chargers surround Justin Herbert with the talent to shine? Can Lamar Jackson return to full fitness?
The Super Bowl MVP can also be wagered on before the season starts but is more widely available once the Super Bowl matchup has been decided. Betting on the Super Bowl MVP is one of the most common NFL prop bets for the season’s biggest game.
Picking the Super Bowl champion is one of the most popular future bets available. Nearly all NFL betting sites offer this market before and throughout the season, and even before future NFL schedules are announced with odds constantly shifting as games are played.
Betting early gives the best odds and with each team starting with the same record at the beginning of the year, taking non-favorites can be appetizing. The Cincinnati Bengals went into the 2021 season at +6600, while that number jumped to +18000 at one point in the regular season. The eventual champions, the LA Rams started the preseason at +1200 and drifted up to +1500 in the regular season.
Despite the confetti just having dropped at the end of Superbowl LVI: the odds are already available on who will the Superbowl next season, with the Kansas City Chiefs (+650) and Buffalo Bills (+700) the two highest odds available.
Understand how the spread works, and what that means for your betting.
Find out why betting over/unders (totals) is an important skill for any online bettor.
Get bigger odds and bigger returns - find out how to make the most of parlays.