The Super Bowl is not only the biggest sporting event of the year but also a golden opportunity for betting enthusiasts. With millions of fans flocking to the stadiums and millions of dollars being wagered, understanding accurate Super Bowl betting tips can help you maximize profits and minimize risks. In this article, bestsoccertips will provide you with suggestions and strategies for Super Bowl betting so you can confidently participate in this thrilling game.
Available Super Bowl Bets
According to Forbes, a staggering $16 billion was wagered on Super Bowl 57, an increase of 61% compared to Super Bowl 56. With these statistics, it is not far-fetched to expect even greater growth in betting activity in 2024. In fact, it is predicted that Americans will wager over $23 billion on Super Bowl 58.
NFL bettors have a wide variety of betting options for the Super Bowl. If you want to enhance your understanding of how to read betting odds, now is the time to prepare for the 2024 Super Bowl. We have provided a breakdown of the most popular types of bets placed by Super Bowl bettors to help you get started. Try our easy-to-use betting odds calculator to quickly determine potential payouts for your bets.
Super Bowl Moneyline Bets
Placing a moneyline bet simply means betting on the outcome of the game. It is the safest Super Bowl bet you can make. You will find the best value at W88 with lines offering more juice than the others.
For example, you might notice that for the Kansas City/San Francisco game, the Chiefs are the underdogs at +115, compared to +105 or +110 at other sites.
Example:
Take Seattle/Dallas as an example of a moneyline. Kansas City is the underdog at +115, while San Francisco is favored at -125. This means that when betting $100, you will win $115 for Kansas City if they win. To win on Dallas, you would need to bet $125 to win $100.
Point Spread Betting in the Super Bowl
Point spread betting involves betting that a team will win by a certain number of points. Conversely, you can bet on the underdog to win by a certain number of points. Again, for this type of betting, W88 is the place to go. Remember that most spread prices are typically at -110. This means you will bet $110 to win $100. However, in the Seattle/Dallas game, both teams have a value of -105, making that bet a bit more appealing.
Example:
San Francisco is favored by more than 2 points (-2), meaning they must win by more than 2 points. If they win by exactly 2 points, it is a push, and the bettor gets their money back. On the other hand, Kansas City can lose by fewer than two points or win outright to win the bet.
Super Bowl Totals (Over/Under) Betting
Total or over/under betting is a wager on the total number of points scored in a game. You can choose your favorite online sportsbook as they all have values at -110 and are separated by a point. Currently, the total for Super Bowl 58 is holding steady at 47.5 at our top online sportsbooks.
Example:
The total is set at 47.5 for Super Bowl 58. Here, you will bet on whether the actual total points scored in the game will be higher or lower than that number.
Super Bowl Future Betting
Future betting is a wager on the outcome of a future event. M88 usually posts futures earlier than anyone else, but W88 has plenty of Super Bowl bets of this type.
Example:
Examples of future bets include the Super Bowl winner (available for betting year-round), the NFL MVP winner, and divisional and conference winners. W88 has significant future bets on which teams will compete in next year’s Super Bowl in Las Vegas.
Super Bowl Prop Betting
Prop bets are wagers on something other than the outcome, spread, or total. For example, will Patrick Mahomes throw for over or under 299.5 yards, or over/under 2.5 touchdown passes?
Super Bowl props can be the most fun to bet on. You can place unique bets on the length of the national anthem, halftime show details, the color of Gatorade for the winning coach, or even Super Bowl commercials. These prop bets are usually available a week or two before the game starts. W88 and M88 are the sites we recommend for finding great Super Bowl props with a wide variety of options.
Example:
You can bet on which state the winning Super Bowl team will come from. You can also bet on the result of the coin toss.
Top 5 Super Bowl Betting Tips
The Super Bowl will be here before you know it. That’s why developing a smart approach to sports betting on the big day is crucial. Here are our top five tips on how to bet on the Super Bowl, from bankroll management to sportsbook selection:
- Smart Bankroll Management: Don’t bet all your money on the Super Bowl. Avoid chasing losses or betting more than you can afford to lose. Set a budget and stick to it.
- Check the Trends: There will be plenty of data and trends available to you before the big game. Pay attention to these as a trend could be key to making the right choice.
- Watch How the Lines Move: The lines for Super Bowl LVIII will be released shortly after the conference championship games. The lines move constantly due to injuries and other factors. When money pours in on a favored team, sportsbooks need to balance the action. This can give you hints on who to bet on for the Super Bowl.
- Keep an Eye on Props: Game props can help you make some real money, but be cautious with “fun” props. While you can’t control what happens in the game, you may have a better idea of what’s happening on the field than you will about Usher’s halftime show.
- Bet in the Right Place: Make your Super Bowl LVIII betting choices at one of our recommended top online sportsbooks so you can spend all your time and energy on building a solid strategy.
Conclusion
Understanding and applying Super Bowl betting tips can make a significant difference in your betting results. From thoroughly researching the teams and analyzing player performance to smart bankroll management, each factor plays an important role. Remember, betting should be viewed as a form of entertainment, and winning and losing are part of the game. Good luck, and we hope the tips in this article help you have a truly exciting and successful Super Bowl season.
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