From pre-game wagers and in-game wagers to prop bets on individual players and teams, the possibilities for Super Bowl wagering are practically limitless. No other sporting event has as many Super Bowl betting possibilities as the NFL’s biggest game, especially when it comes to online wagering opportunities.
The Difference in Points
The most common method of wagering on the Super Bowl LVII is point spread betting. A team’s chances of winning are predicted by selecting a team to win plus or minus a predetermined amount of points.
For example, if the Dallas Cowboys are six points ahead of the Miami Dolphins on the odds chart, it would read Dallas -6 and Miami +6. Because seven points favour the Cowboys, you must win your bet if they beat the spread, and you receive six points if you bet on the underdog Dolphins instead.
Moneyline
Put another way, and you’re predicting a win for one team and a loss for the other without considering the spread. Consider the fact that the odds are slanted in favour of the favourite; therefore, betting on the team that should win comes with a higher level of risk.
When betting on the Super Bowl money line, the odds are expressed as the value of a $100 wager instead of using a point spread. A $180 chance for Dallas to win will gain you $100 in profit if the Cowboys are favoured over the Dolphins. Against this, the money line odds for Miami maybe +140. If you win a $100 wager, you’ll walk away with $140.
Over/Under
Over/Under wagering is one of the most popular and easy to follow bets in sports betting. As the name suggests, it is a method of wagering on the total amount of points scored in a sporting event. To gamble, you must select a value based on a game stat, like points or passing yards, and then wager on whether the figure is “over” or “under.”
In-Play Bets
Super Bowl prop bets have become increasingly popular in the last few years. Even though most people will wager on the point spread, Super Bowl prop bets are becoming increasingly popular. The markets are full of strange and fascinating things, so if you’re looking for some fun, here is the place to go (remember not to go in very heavy with your stake, as these are generally difficult to win).
The most prevalent prop bets include “who will win the coin toss?”, “who will score the first touchdown?” and “who will score the last touchdown?”. In addition to the more serious sporting wagers, there is a wonderful mix of entertainment bets.
To maximise your odds of winning your stake, stick with simple prop bets with equal chances of winning. Even some more amusing options have just two possible outcomes, making the coin toss an excellent example. There are more mundane questions like, “Who will the Super Bowl MVP name first in his speech?” and “What colour Gatorade will be spilt on the winning coach? have a greater number of unknowns and, as a result,, are rarely worth more than a little wager.
Rules and Regulations for Betting on the Super Bowl
Every state that allows legal sports betting has its own set of rules and regulations governing how, where, and which teams and sports you can place bets. Even the legal age to gamble varies from state to state.
There are a few things that most states and sportsbooks agree on when it comes to NFL betting and the Super Bowl in particular:
To make bets, you must use official league data. As a result, the league has the final say on everything from the game’s outcome to the number of yards a player has accumulated. Even the length of the National Anthem, a frequent Super Bowl prop bet, is included in this analysis.
The numbers of the league determine playoff props. However, all sportsbooks agree that the wager is void if the player in question frequently does not play due to injury.