Though there are many common Super Bowl bet types on most oddsmakers’ betting menus, there are really only two major forms of betting on the Super Bowl: futures odds and game lines. Futures odds are available for most of the year (changing as teams rise and fall during the regular season), while game lines usually won’t be posted until a week or two before the Super Bowl itself.
Super Bowl Futures
Super Bowl futures are the most popular way to bet on the Super Bowl. A big reason why these futures bets are so engaging is because future Super Bowl odds are usually released the day after the Super Bowl in preparation for the next football season. That said, futures odds to win the Super Bowl are available all the way through the AFC and NFC Championship Games, by which time the field is down to just four remaining teams. Basically, a Super Bowl futures bet simply entails choosing the team you think is going to be the current year’s NFL champion. It’s really that simple.
Obviously, the odds will vary greatly depending on when you make your bet during the season, as the outlook for different teams constantly changes based on moves made via free agency or the draft. Further, injuries can impact a team’s Super Bowl futures odds, and teams that aren't very good aren't going to have the same odds as teams that tend to make the playoffs year after year. Of course, if you have a good feeling about a team with longshot odds, you will have a much more profitable payout should they actually win. For instance, a $100 bet on the Jaguars at the beginning of the season might pay out $5000 if they win the Super Bowl, whereas a $100 bet on the Patriots to win would only pay out $300 or so.
You can check out the Super Bowl odds for all 32 teams by clicking on the team name on the left-hand side of this page, or you can go directly to Bovada (or another reputable sportsbook) and begin the process of making an actual wager. Be sure to check out our top 10 popular Super Bowl bets page to see even more options.
Super Bowl Game Lines
In addition to futures betting, those wanting to wager on the big game can take advantage of a slew of Super Bowl game lines. Game lines for the Super Bowl come in many different forms, but none are available until at least two weeks before the main event (after the conference champions have been determined). Super Bowl game lines include the point spread, the straight up moneyline bet, and over/under totals betting.
Spread - The most common type of Super Bowl line wager is the point spread. Betting on the spread involves wagering on a team to win by a particular margin, which is established by your sportsbook of choice. This handicapping method is used to get an equal amount of action on both sides of a given bet, where the favorite “gives up” points to the underdog. For example, if the Patriots are -7 favorites to win the Super Bowl, that means that – in order to win the bet – the Pats have to outscore their opponent by more than 7 points. The mainstream sports media often references the spread when talking about betting on the Super Bowl.
Moneyline - Using the moneyline to wager on the game involves picking the winner straight up (which is why these are sometimes called “straight bets”) without a margin of victory. Instead of handicapping the wager with points like the spread system does, this wager type uses varying payouts to entice action on both sides. A win by the favored team will pay significantly less on a $100 wager than an underdog victory will.
Totals or Over/Under - A fun way to wager on the Super Bowl without picking a winner is to bet on the total points scored between both teams. Essentially, this strategy lets bettors wager on the relative dominance of the teams’ collective offenses or defenses. The over/under can be wagered upon in individual quarters, halves, or in the whole game altogether, and bettors can also place totals bets for an individual team instead of both teams combined. (Typically, this latter over/under bet type will be listed among the game’s myriad prop bets.)
Super Bowl Props - A major draw to the Super Bowl – and where the differences between the various top sportsbooks are most clearly defined – are the proposition wagers. Super Bowl props often attract people who don't regularly bet to come out and make a wager or two on the big game. Prop bets can be based on individual performances, team-based performances, and even on oddball things like the length of the National Anthem, the result of the coin toss, the duration of the halftime show, and even TV commercials! Most sportsbooks and betting shops will have in excess of 100 different, unique prop bets available for the Super Bowl.
Super Bowl Live Betting - Super Bowl live betting is a new form of online wagering that many sportsbooks have embraced in this connected age. Live betting on the Super Bowl allows bettors to log into their favorite Internet betting shops and place wagers on a range of outcomes, including the results of each play snap-to-snap, whether the next play will be a pass or run, when the next change of possession will occur, and much more. With all the Super Bowl live betting options added into the mix, sportsbooks like Bovada will have literally hundreds of wagers you can make on Super Bowl Sunday.
NFL postseason prop bets can be found at just about every major online sportsbook. Sites like Bovada, BetOnline, SportsBetting, and 5Dimes provide bettors the opportunity to wager on the results of each play, series, drive, and more. This allows sports bettors to focus less on the game’s outcome and more on the individual plays that make up the game. For example, bets can be placed on which player will score the first touchdown, which team’s QB will throw for more yards/completions/TDs, and even things like which player will lead his team out of the tunnel before kickoff. NFL player prop bets are an extremely popular wager type, and when the postseason finale rolls around, the Super Bowl prop wagers become that much more exciting.
NFL Conference and Divisional prop bets are pretty self-explanatory. These are player and team props that are specific to individual rounds of the NFL Playoffs. Sportsbooks post props on each team in the playoffs, giving patrons of said sportsbooks the option to choose from a ton of different wagers. If you wish to bet on the Divisional round of the playoffs, just check out the prop bets for each and every matchup after Wildcard Weekend has wrapped up. After the Divisional round is complete, you’ll be able to wager on the player and team props for the winning clubs when they get set to play in the AFC and NFC Conference Championships.