Betting for the Super Bowl US 2020
Super Bowl can arguably be counted among the biggest sporting events of all-time. Experts predict that over $300 million was wagered on the Feb. 3 matchup between the New England Patriots and the Los Angeles Rams. NFL betting is becoming increasingly popular even outside of the United States and so is betting for the super bowl as the popularity of American football has travelled even to the shores of the UK making it a big deal even outside America. Definitely there’s a lot of cash flow from betting for the super bowl.
Interesting Facts about Betting for the Super Bowl
- Placing prop bets early ahead of the super bowl can be very profitable
- Has similar betting techniques to NBA betting
- Super Bowl betting odds come in three popular formats
- Good understanding of handicaps is a good strategy in NFL sports betting
- Winning most of your bets falls on 50-50 chance
The Super Bowl is a yearly championship game organized by the National Football League (NFL). It is a competition between the champions of the American Football Conference (AFC) and the champions of the National Football Conference (NFC). The game is the culmination of a regular season that begins in the late summer of the previous calendar year. There are basically three types of betting techniques to successfully cash in the odds for the super bowl game event and they are fully discussed in this article just like our former article on NFL betting. They are:
- Handicap or spread betting
- Totals - the same as NBA betting.
Moneyline Super Bowl betting
Moneyline Super Bowl Betting is also known as ‘1x2 without the draw’. It is a betting strategy that is very simple and easy to understand. All you have to do is to bet on the team that you think will win the match. A moneyline bet is usually placed on the underdog or the favorite team to win straight-up. What matters is who wins the game. To claim a return on a moneyline bet, the team you banked on must win the match. You are less concerned about the points they scored in winning the game, whether it’s by 3 points or by 30 points. However, moneyline betting has a condition which must be followed if you are betting on a heavy favorite. The condition is that you must bet with a huge sum of money to earn a small sum whenever you place your bet on a heavy favorite against an underdog. But if you are placing your bet on the underdog, you may wager a little sum of money to earn a huge sum. Check the following example for a clearer understanding.
Cleveland Browns@ 3.45 and the New York Giants@ 1.36
As we can see, the Giants are clear favorites in this game at odds of 1.36 while the Browns are at odds of 3.45.
As we said, there are no handicaps involved in American football money line bets. The punter is simply betting on who he or she thinks will win the game. If the punter believes there is value with New York Giants, he or she bets on them to win the game at odds of 1.36. On the other hand, if he or she believes there is value with Cleveland Browns, he or she bet on them to win the game at odds of 3.45.
Another example to look at is the game between
- Los Angeles Rams -600
- Dallas Cowboys +500
To win $100 dollars wagering on the Los Angeles Rams one must lay $600. Whereas, a $100 bet on the Dallas Cowboys earns a profit of $500. Due to the high risk and low reward presented by betting on the Los Angeles Rams, punters may choose to go against them, and place a smaller wager on the Cowboys.
Super Bowl Handicap or Spread Betting
NFL teams have variations in strength, experience and skill, so in order to level the perceived bias in abilities, sports bookies offer a point handicap or point spread - this is often referred to as “the spread”. The spread, or line, is a type of side bet that equalizes the chance of winning a bet
NFL wagering is dictated by the point spread. The line offered for any given team will be followed with a (–) or (+) symbol to indicate whether a team is a favorite or an underdog. The example below displays the spread
For example, if the New England Patriot and the Oakland Raiders are playing against each other. Bookmakers may list the game’s point spread as
New England Patriot@ + 6.5 -110
Oakland Raiders@ -6.5 -110
What is the meaning of -110-number?
This number means that for every $1.10 the punter bets he or she wins $1.00 back or, for every $110 the punter bets, he or she wins $100 back, plus your initial wager. You can bet however much you chose, within the rules and guidelines of your sports bookie.
What does +6.5 and -6.5 mean?
These numbers represent the actual point spread set by the odds makers or otherwise known, as line movers. If you bet Los Angeles Rams at -6.5, this means that for you to win the bet, Los Angeles Rams must win the game by 6 points or more. If you bet Dallas Cowboys at +6.5, this means that Dallas Cowboys can lose the game by as many as 5 points, if they were to lose by 6 or more; you lose the bet.
Totals Super Bowl Betting
If you are betting with the Totals Super Bowl strategy, you are placing your bet on whether the combination of points scored during a match will be under or over a given number set by the bookmaker. This strategy concentrates on the number of combined points that can be scored by the two teams during the match. Sport bookies give players the chance to wager on whether or not the final points will be under or over the totals mark. Totals Super Bowl Betting is called Over-under because of this. The idea of placing bets on totals is to make punters bet on the possibility of the game’s final points falling under or over a selected set of numbers by the bookmakers. The following example illustrates a typical Superbowl game and the betting odds for totals.
The odds for a superbowl game between the New England Patriot and the Oakland Raiders is @ over under 40.5, 1.92
If you place your bet on over 40.5 points, you will need both teams to score a combined score of at least 41 points for your wager to win. While placing your bet on under 40.5 points, will require that both teams score a combined point of at most 40 points for your wager to win.
Just like point spreads, online sports bookies offer odds in the range of 1.90 and 1.95 for total point bets on American Football. You can also bet on individual teams points total. This is not quite different from placing bet on the game total, but you will be focused on the final points of just one team and not the combination of the total points scored by both teams.
In-game Super Bowl Betting
Quarter and 1st Half Lines
In Super Bowls sports betting, punters are given the option to place their bet during live matches. This option definitely brings about a lot of excitement to punters. The betting odds offered during NFL live games include the first quarter and the first half line.
The winner of the first quarter is usually determined at the end of the quarter with the quarter spread. Same thing is applicable to the first half line, but the bet ends at the completion of the 1st two quarters.
The first half spread is usually close to half of the match overall spread
Super Bowl Halftime Lines
You can also place in game bets during halftime. This simply means that you are predicting the result of the second half. The halftime lines aids your decision making in how the 2nd half will pan out, using the first half as premise.
For example, check the table below:
|Team||Halftime Score||Halftime Spread||Final|
|New England Patriots||14||+4 (-110)||28|
|Oakland Raiders||18||-4 (-110)||25|
Halftime bets makes the game start again at 0 – 0. Following the halftime spread rule, the Oakland Raiders are predicted to outscore the New England Patriots by 3 points during the second half. So if you place a halftime bet of $110 on the New England Patriots, you will claim a return of $100 since the New England Patriots did not only beat the spread but also won the match conveniently. The bets are taken at half time, so you must place your bets early enough.
Super Bowl Futures bets
Futures bets are exactly what they sound like, a wager placed on an event that will occur in the future. As you can imagine, the most popular futures bet in the NFL is who will win the Super Bowl. You can also place your wagers on College football futures, NFL & outrights. These are alternatives to live NFL wagering. Betting on NFL futures includes wagering on the champions or winners of:
- NFL Division
- NFL MVP
- NFL Super Bowl
- NFL Conference
You are guaranteed a huge return with this bet before the start of the season because the betting odds for future bettors worsen with Super Bowl season.
Which bookmakers offer the Best Super Bowl Betting Deals?
Thanks to the explosion in online football betting, sports bookies now offer a deep menu of Super Bowl betting odds to bet on. For expert sports betting odds and sports betting NFL service, live odds changes from the major sports bookmarkers. Find out which sport bookies offer the best odds at our sports betting comparison page for profitable bets. The information on our sports betting comparison page is researched critically to help you make the best choices and to ensure you profit maximally from betting for the Super Bowl. Thus, it is important to use this service to have an eye-opener and edge over Super Bowl betting odds.
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