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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.
Last updated: Sep 18, 10:52 PM UTC
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Super Bowl LV Winners
Tampa Bay Buccaneers
The Tampa Bay Buccaneers beat reigning champions the Kansas City Chiefs, dominating the game from start to finish. Quarterback Tom Brady rolled back the years in the 31-9 win to secure his seventh Super Bowl – not just the most of any player, but more than any NFL franchise. Most online NFL sportsbooks had the Chiefs as -3 heading into the championship game, but the Bucs more than covered the spread and then some.
Super Bowl LV MVP
Having won six Super Bowl titles, including four Super Bowl MVPs, during his time in New England, this was Brady’s first award with the Bucs. The 43-year-old threw for 201 yards and three touchdowns, doing most of his work in the first-half to put his side practically out of sight by half-time.
Picking the Super Bowl champion is one of the most popular future bets available. Nearly all NFL betting sites offer this market throughout the entirety of the NFL season, and even before future NFL schedules are announced, with odds constantly shifting as games are played.
Betting it 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.
While the Kansas City Chiefs went into the season as favorites, at +500, we could have got +1200 on the eventual champions, the Tampa Bay Buccaneers. That number even drifted out mid-season, also.
Those are still great NFL odds that even new bettors learning how to bet NFL games can take advantage of.
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 one day 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 12 of the last 13 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’ win last season was more predictable, but would have still yielded a good profit at +3000 before the year got underway.
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.
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.
With so much action on the NFL’s championship game, Super Bowl betting online can be a competitive market with so many online sportsbooks fighting for our deposits. Due to the sheer volume of betting on the Super Bowl, these online sportsbooks will sometimes offer promotions that may put a little more cash in our pockets or even give us a better edge.
Some Super Bowl sportsbooks will have a sign-up bonus that matches (up to a certain amount) our initial deposit, or 50% of it, while others may give us a $100 free bet if we place a $100 bet before the game starts. Books are always finding new ways to promote their product and the Super Bowl is one of the best times of the year to do so.
Beating the books isn’t easy. Any advantage we can have over them is valuable and could mean the difference between winning or losing money.
This will be the eighth Super Bowl to be hosted in the Los Angeles area, and the first since Super Bowl XXVVII in 1993. On that occasion it was the Rose Bowl that played the part of host, while this year sees the incredible SoFi Stadium take the reins.
Having opened in September 2020 and home to city's Chargers and Rams teams, the $5 billion stadium features "the Oculus" – its ovular, double-sided video board, suspended from the roof over the field and the only one of its kind across modern day stadia.