How To Bet On The Super Bowl
If you want to learn how to bet on the Super Bowl, know that you have many options available. Each option will allow you to place different wagers on various aspects of the game. Being one of the most extensively viewed of all sporting events, the Super Bowl is the one sporting event with more betting options than any other. Bets can be placed on many aspects of the Super Bowl, so you only need to understand a few of the basic ways to bet on the Super Bowl.
Football is one of the best sports to wager on, with opportunities to place bets on numerous events throughout the season before the most highly anticipated game of all- the Super Bowl. When it comes to how to bet on the Super Bowl, there are several different ways that you can put money on your favorite team.
When it comes to learning how to bet on the Super Bowl, betting on the moneyline is the simplest way. You just choose whether the underdog or favorite will win the game outright. You will always have to wager more on the favorite than you can win, while you win more on the underdog than you have to risk.
- Philadelphia Eagles (-160) vs Jacksonville Jaguars (+175)
If you were to place a $100 bet on the underdog Jaguars, you could potentially win $175. In order to win $100 from betting on the Eagles, you would need to risk $160.
Chances are you’ve come across point spreads when researching how to bet on the Super Bowl. Spread betting is extremely popular, and is where a point spread is assigned to balance out the chances of either side of the bet winning. The favorite must cover the spread by winning by a set margin, or the underdog must either lose by the margin or win the game.
- New England Patriots (-4.5)
- Minnesota Vikings (+4.5)
In this spread bet, the favored Patriots must win by 5 or more points to cover the spread. The Vikings must lose by fewer than 5 points, or win the game outright.
Totals are when the oddsmaker determines a total score of the Super Bowl and wagers can be placed on whether the game will go over or under the total. The total is the combined number of points scored by both teams during the game. Totals are one of the first wager types people put money on when learning how to bet on the Super Bowl.
- New England Patriots (42 ½ o) vs Philadelphia Eagles (42 ½ u)
In this Patriots vs. Eagles betting line, if you believe that the score will go over 42 points you can bet the over. If you think the game will be 42 points or less, bet the under.
Without a solid understanding of how to read Super Bowl betting odds, placing your first bet will seem much more complicated than it has to. There are three basic formats for betting odds no matter the sport, and those are American, fractional, and decimal odds. The prevalence of each odds type varies depending on the type of sportsbook that you choose to use, but if line shopping is a part of your betting strategy then you will most likely run into all three. We will explain each of the different formats in detail, making it so that you can read odds no matter which sports betting site you choose.
As you may have presumed from the name, American odds are most commonly fousnd on sports betting sites that cater to US players. There will be a negative or positive sign followed by a number that represents the odds, which will end up looking something like this: (-110) or (+110). The (-110) represents the favorite and means that you must risk $100 in order to potentially win $110. The opposite can be said for the (+110) underdog, which infers that you only have to risk $100 to win $110. Take a look at the following betting line:
- New York Giants (+185) vs. Green Bay Packers (-215)
The Green Bay Packers are the clear favorite, requiring a bettor to put out $215 in order to win $100. Going for the New York Giants would mean that you are rooting for the underdog, and you only have to risk $100 to win $185.
Decimal odds are most commonly found in Europe, and make it so that bettors can calculate their total return with one simple calculation. The decimal odds multiplied by your stake will yield the amount you have won, including the original stake.
- Miami Dolphins (+380) vs. Pittsburgh Steelers (5.55)
To calculate your payout for betting $100 on the favored Steelers, you would multiply 5.55 x $100 = $555 return. Though there is no designated favorite or underdog as there is with American odds, if the decimal is below 2.0 then you will have to risk more than your potential win, and if the decimal is over 2.0 you will be risking less to potentially win more.
The easiest way to remember how to read fractional odds is by learning that there is a win to risk ratio. The first number of the fraction represents how much you will win for risking the second number in the fraction.
- Oakland Raiders (17/10) vs. Houston Texans (1/2)
Betting on the Raiders means that you will win $17 for every $10 that you risk, which would make the team the underdogs in the matchup being that you win more than you risk. Putting money on the Texans results in $1 for every $2 put up, which shows that the bookmaker favors the team. A fraction that is less than 1 means that the team is the favorite, while a fraction above 1 designates the underdog.
When you know how to bet on the Super Bowl and what to look for, the next step is to join an online sportsbook that specializes in Super Bowl betting odds. Luckily, there are quite a few to choose from and they all provide their own unique benefits. While one site may offer the most reliable sportsbook deposits, another might be the top online sportsbook for bonuses. It all depends on what you are looking for, but we can guarantee that all of the recommended sports betting sites have the best odds, customer service, and banking options for Super Bowl bettors.
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BetOnline is one of the best Super Bowl sportsbooks that a sports fan can use. BetOnline covers such a vast array of different wager types that you will be able to enjoy some of the finest that sports betting has to offer. Whether you choose to bet Super Bowl totals, if-bets, or stick to the money line, the sports betting site has you covered. You can also parlay multiple bets in order to achieve an even greater payout. BetOnline also has helpful wager guides on how to bet on the Super Bowl. The betting lines are also available at BetOnline much sooner than other sportsbooks, which is why this is the first place to look when researching Super Bowl betting odds. Aside from the action occurring on the day of the Super Bowl, there are plenty of conference and division odds to keep you occupied until the final game day. BetOnline is the online sportsbook that is guaranteed to have the most valuable betting lines.
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SportsBetting.ag is the first site that sports bettors should look to when looking for Super Bowl betting odds. There is no sports betting site that rewards its customers more than SportsBetting does. There is a 75% Welcome Bonus that matches your initial deposit up to $1,000, and the reward can be used for betting on the Super Bowl or any other event featured in the sportsbook. Enter code NEW1000 at the cashier. The bonuses do not stop there, as the site offers a 25% Bonus For Life that also matches reload deposits up to $1,000 for the lifetime of your membership with code FORLIFE. Smaller, but equally gratifying, rewards include the $50 free play for betting from your mobile device, and the $25 reward toward live betting. Both promotions are worth redeeming because some of the best Super Bowl props can be found in the live betting section, which can also be accessed mobility. SportsBetting.ag is the top online sportsbook when you are looking to earn the most cash!
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