Last Updated on 21/09/2022
Fact checked by: Drew the DFS Guy
Considering we’re talking about the biggest event in the American sporting calendar, it shouldn’t surprise anyone that the list of Super Bowl bets is as big as Texas.
All this choice for Super Bowl bets online is great, meaning more markets, more competitive odds and more choice. In fact, your main problem might be an abundance of types of Super Bowl bets. That’s why we’ve put together everything you need to start betting on Super Bowl markets, so you can make the best Super Bowl bets.
Online Super Bowl betting is becoming more and more common, as more and more people are choosing to look to the internet and online sportsbooks for their Super Bowl betting lines. And after all why not? Using an online service is quick, easy and completely efficient, so if you live in one of the many states that have introduced legal online sports betting then why not sit back and relax, placing your bets in the comfort of your own home. Whether you're looking for the best RI betting sites or NV betting sites to place your bets, there's bound to be an online bookmaker waiting for you.
Setting up an account can often take mere minutes to do, and if you are a new customer then you’re in luck because some Super Bowl betting sites give exclusive offers to first-time bettors. You’ll need your personal details to get started, and may have to go through a brief verification process. But once that’s out of the way you’ll have complete control over your experience from home. Many Super Bowl sportsbook operators also offer a mobile app, so you can even check your Super Bowl betting lines on the go.
Most Super Bowl betting lines will be available to bet on from the moment the AFC and NFC Championship games are wrapped up all the way to the start of proceedings on February 7th in the Raymond James Stadium in Tampa Bay, Florida. That will include things like player props, most types of parlay, and many novelty props for things like the national anthem.
However, betting on Super Bowl LV during the game itself is also possible. With the help of online Super Bowl betting sites you can place bets live as the action is happening, but be careful, the Super Bowl odds will be fluctuating as bookmakers adjust their expectations to what’s happening on the field. A team may have come into the game as heavy favorites, but be down two scores going into halftime and suddenly you can place a bet on them to win the Lombardi Trophy at even odds. It’s all a matter of how much you trust your instincts, and when you see Super Bowl betting lines that appeal to you.
Now we’ve inflamed your sporting passions with a selection of interesting facts relevant for a whole list of Super Bowl bets, it’s time to get down with some of our favourite general betting tips for this event. Other than some of the more unique Super Bowl prop bets, don't forget that many of these bet types work just as well for other events, so you could easily adapt them for a bet on the World Cup, for instance.
Of course, we know that every Super Bowl is its own beast and always has unique attributes to consider, as do specific betting markets. These tips are intended to provide a strategic foundation, which is useful on a broad selection of types of Super Bowl bets – and indeed, all different kinds of Super Bowls.
The ‘Big Game’ isn’t just called that because of the number of people who watch it, nor because of the number of chicken wings eaten (nearly 1.4 billion, in case you were wondering). It’s because of the love and passion that bursts out of millions of homes, bars, and one big stadium.
All that emotion is a good thing in many ways, but not necessarily when it comes to making the smartest bets. Do what you can to bet with your head and not your heart, because your heart is telling you what you want to happen, rather than what’s likely to happen.
One of the benefits of there being many different types of Super Bowl bets is that it allows you to bet no matter what team you want to back. That’s one of the limitations of only betting on the Super Bowl odds to win. It can often mean a choice between backing your favourites against your better judgement, or backing the opposition which would mean either your heart or your wallet would hurt regardless of the result.
A bigger list of Super Bowl bets means more choice for how you want to wager. It also means you have more chances to find markets where you think there’s an opportunity for you to win, without backing the traditional To Win markets.
The backbone of all smart Super Bowl bets online is research. That’s right, there’s no trick that can turn you into an NFL mystic. The more you know about the sport, and the more you know about the teams, the players, the history of the event, the better. It allows you to process as much information as you can to make the most accurate prediction. The key to betting is being able to identify where you think bookmakers have made a mistake in their odds and in backing the markets you think are correct with the right return.
Our previous section gave you just a few examples of useful things to know when considering the best Super Bowl bets and we hope that from that alone, you can see just how that knowledge can help with your analysis. Every game you watch, every stat you learn just strengthens your ability to make predictions, and ultimately, betting all comes down to correctly predicting events to the best of your ability.
Not only are you not stuck to a single market when it comes to the best Super Bowl bets, but you also can choose multiple options at once from a huge list of Super Bowl bets. If you choose to do so, remember that these don’t just work independently: they need to make sense together for maximum success.
For instance, you may have backed a team to win the first half, but the opposition to score the first touchdown. Ask yourself how likely it seems unless you’re internationally hedging your bets. Another example is you may pick a high number of Total Touchdowns but a low winning margin. Does it make sense for this to be such a close cut, yet action packed game?
What’s important though is that if your intention is to have as many winning markets as possible, they should all come together to craft a logical, seamless narrative of events.
We hope that the advice we’ve provided here helps lay down the basics for how to approach these many markets. But above all else, remember that the Super Bowl is to be enjoyed, and betting should never get in the way of that. Betting should enhance that enjoyment, and that should always be the top priority whether you’ve got a meticulously prepared and researched set of picks, or you’re betting on the outfit of the Super Bowl half time performer.
Online Super Bowl betting has perhaps the most diverse range of options to choose from of all sports events. You can place a simple uncomplicated wager, or you can spend hours carefully researching the players and coaches to craft the ultimate parlay where each leg fits together like the gears of a Swiss watch. Each of these ways of betting has its advantages and disadvantages as we have outlined below.
By far the most common way of betting on the Super Bowl is with either a moneyline bet, or a handicap bet. These are both bets that play off of the final score of the game, they are simple and very popular.
A moneyline bet is the purest form of sports bet, simply pick the team you think will win the Super Bowl and choose the amount you’d like to wager. If you have a very good idea of who you are backing to take home the Lombardi Trophy then this is your best bet. Moneylines can have a disadvantage though, if one team is a heavy favorite then you likely won’t get a good return on your stake, in other words your odds may be very short.
Handicap bets are a great way of fixing this. In a handicap bet you are choosing one side of a point spread, or betting line. For instance, if one team has a handicap of +7.5, then whatever their final score is at the end of the game you simply add 7.5 points. If that is enough to make them the winner, then you have won your bet. Most lines, including Super Bowl betting lines, are set so as to give each team roughly even odds.
If you don’t like the Super Bowl betting lines you see available then you can still find fun ways of betting on Super Bowl LV without picking a winner. A great way to do so is with a points total bet, where each Super Bowl sportsbook will pick a line for the number of points they expect both teams to score in total. You can either then bet the over, wagering that the total points scored will be higher. Or bet the under, wagering that there will be fewer points scored. So if you think that the defenses are likely to play well you might want to take the under, conversely if you think these offenses will be hard to stop you could feel safe taking the over.
It gets better though, as many Super Bowl betting sites will let you bet on points totals for each individual quarter player, and for each team separately. You might think that they’ll come out the gates hot and then cool off as things progress, or maybe you think the defenses will be able to adjust and clamp down hard in the second half. It’s your call.
One of the most attractive aspects of NFL betting is the ability to bet on individual player props. We all have favorites, and with player props you can test your knowledge by betting on Super Bowl stars’ individual performances. Do you think that a stud wide receiver is guaranteed a touchdown? Do you doubt that those quarterbacks are going to be able to run for that many yards? Or do you think we’re going to see a surprise play by the defense for a game-winning interception?
With player props you can place a wager on any one of hundreds of individual player stats or possible plays. A key factor in player props is keeping an eye out for injury news or roster changes. You don’t want to be the guy who bets big on a player to score a touchdown only to find out that there are reports of him having tweaked his hamstring in practice. Curious to learn more? Check out our dedicated Super Bowl prop bets guide.
Putting together a parlay is perhaps the most exciting way of betting on Super Bowl LV. Building a parlay consists of selecting two or more legs that you think will hit together and combining them to boost your odds. With the right combination of legs, you could end up making back 50 times your stake. That said you don’t need to push for such long odds, all it takes it a few good legs that you believe in.
The great thing about parlays, after all, is their level of customization, you get to build your own bet and create your own online Super Bowl betting experience. Some sportsbooks will even let you tease a prop. Let’s say you want to include a points total in your parlay, but you don’t love the handicap line. Teasing it will let you move the betting line up or down to suit your taste, in exchange for longer or shorter odds on that leg.
A key strategy for building parlays is to consider how each leg impacts the others. For instance, if you include a leg that stipulates that the points under will hit for the game, then you may want to think carefully about also including a leg that stipulates that one team’s quarterback will score four passing touchdowns. In that sense, building a parlay can be akin to building a theory of how the game will play out, with legs tailored to how you see each player performing in their respective matchups. It can be a lot of fun, but remember, it only takes one leg to fail for the entire parlay to lose.
Looking for the best prop bet for SuperBowl? This is a big part of why we think betting on Super Bowl LV is so special, because like every Super Bowl there will be a host of novelty props available to choose from. Of course, we have classics like picking the winner of the opening coin toss, then we also have the color of the Gatorade poured on the winning coach at the end of the game. Do you think it’ll be red? Blue? Or perhaps you’re certain that this is the year that they go purple.
Believe it or not, there is a strategy to betting on Super Bowl Gatorade showers, and the colors don’t all get assigned even odds by online Super Bowl betting sites. Sometimes people try to match the Gatorade color to the colors of the winning team, like when Eagles head coach Doug Pedersen was given a lime green Gatorade bath at the end of Super Bowl LII, or when Gary Kubiak was showered in Broncos orange after winning Super Bowl 50. That can be a good strategy, but it also involves guessing the winning team, you might want to simplify things and just look at the most common colors of the past decade and follow the trend. Whatever you choose though you’ll have to wait till the very end to find out.
The national anthem is also subject to some fun bets, chief among them the length of the performance. And don’t forget the Super Bowl halftime show, which will be featuring Canadian R&B chart sensation The Weeknd. Popular halftime show props often include the number of wardrobe changes, surprise appearances, or even trying to guess the setlist that the performer will use. You might feel these novelty props are a bit silly, but they can add an element of fun to all of the pageantry and tradition of the Super Bowl. Especially if the halftime show act isn’t your style.
If you are experienced betting on Super Bowl player props then perhaps try fantasy. Instead of using typical Super Bowl betting lines, fantasy football works by assigning point scores to the performances of each of the players. Bettors compete by choosing which players they think will achieve the highest amount of points.
Each position group (quarterback, wide receiver, running back, tight end, and kicker) accrues points by performing positive plays, mainly gaining yards and scoring. Points may also be deducted for mistakes like a running back fumbling the ball, or a quarterback throwing an interception.
Defenses and special teams are generally scored as a unit, gaining points for getting sacks, recovering fumbles, or even scoring defensive touchdowns. Defenses and special teams lose points when they concede touchdowns or field goals to the opposing offense.
Scoring formulas used by betting platforms will usually be consistent with the scoring formulas used by fantasy football platforms like yahoo and nfl.com, although there may be small discrepancies. If you want to find the exact scoring system used by a fantasy sportsbook then you’ll need to check with them directly on their website.
When it comes to Super Bowl bets online, it’s important to remember that they’re more than the sum of their parts. That big list of Super Bowl bets isn’t just individually interesting markets: they also all work together to create a tapestry of options for a versatile and interesting betting experience.
The best Super Bowl bets can vary for each person, as we all have our favorite types of Super Bowl bets. A specific market might be right for you, depending on your prediction of that particular big game. To put it simply, all that choice isn’t just for show. It means that more people can find the right market for them, and most importantly, get the most out of a sport they’re so passionate about.
A lot of people aren’t aware of just how much choice there is when it comes to betting on the big game. That’s why our US betting guide to Super Bowl betting covers a whole host of different markets, as well as betting on the big game in general. That way, you know exactly what to look for and what’s available to you before making any kind of betting decision.
There’s a lot of different things to consider when it comes to betting on the Super Bowl. Part of our exclusive and extensive look at all things Super Bowl betting here at CaptainGambling will be an analysis of different tips to keep in mind to ensure you’re making the most out of your bets on the big game. Regardless of how you personally like to bet or what team you want to back, these stats are worth knowing.
The key to informed online betting is, of course, research. And there are lots of different facts out there that can increase your knowledge about the Super Bowl and American Football betting in general. We suppose the question then is whether any of these facts are useful to know from a practical perspective when it comes to betting. Well, we’ll be going through some things that we think are interesting and be answering whether we think they’re practically useful during our intense investigation of this sport spectacular.