Sports betting has skyrocketed in popularity since states like New Jersey have begun to legalize online wagers and no sporting event in the world draws more action than the Super Bowl. Thanks to the legalization of online sportsbooks, fans no longer have to visit a physical casino or sportsbook to put some money on the big game’s winner, point total, or one of the dozens of available prop bets surrounding the biggest football game of the year.
Here we will break down how Super Bowl odds work, the types of different bets available for the Super Bowl, and the best online sportsbooks to give your action to.
How to Bet on Super Bowl Odds
NFL odds are relatively simple but require a good deal of research. The most common type of bet is the point spread bet, which evens the playing field between favorites and underdogs by setting a margin of victory the favorite must win by in order for the bet to cash in. For example, if the Patriots are a -4 favorite, they must win the Super Bowl by at least 5 points for your bet to win while a 4-point win gets your money back and a 3-point win is a loss. This incentivizes action on the underdog. So if the Rams are a +5 underdog, you will still win your bet as long as Los Angeles does not lose by more than 4 points.
If you want to pick the straight up winner, you have to bet on the moneyline, which determines how much of a payout you get on your initial bet. So if the Saints are a -150 favorite, you would have to bet $150 to win $100. But if the Chiefs are a +120 underdog, your $100 bet would win you $120.
Along with picking the winner, many gamers will wager on the point total. The over/under bet allows you to bet on whether the actual combined point total in the big game will be higher or lower than the total projected by the sportsbook.
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Super Bowl Betting: Prop Bets
Prop bets are increasingly popular since online sports betting exploded and no game offers more prop betting options than the Super Bowl.
Fans can bet on any in-game event like whether Tom Brady will throw 3 or more touchdowns or whether Aaron Donald will have two or more sacks. You can also bet on the score at half time or after a single quarter or the result of a single drive.
There are also more fun prop bets offered that relate to everything from the halftime show to the commercials. You can wager on which beer company’s ad will air first or who the special guest will be at the halftime performance. You can even wager on things like how many times the announcers will mention Tom Brady’s age or how often the broadcast will show his wife.
Top Super Bowl Betting Options
There is no shortage of options when it comes to online sportsbooks in New Jersey.
Two of the most popular ones were launched by FanDuel and DraftKings, two fantasy football giants that have long made money off the Super Bowl by offering single game fantasy contests. The two companies now let players in New Jersey wager on the Super Bowl from their desktop or mobile device.
Top casinos like Caesars, Golden Nugget, 888 Casino, Borgata, Hard Rock, Resorts, MGM, and Sugar House all offer extensive online betting options and European sports betting giant William Hill has launched a new site and mobile application as well. You can shop around between these sites to see which offers the most generous deposit match bonus or reward points.
Going to Watch the Super Bowl?
The Super Bowl is the single biggest betting event of the season. Everyone tunes in for the game and many of those people plan on betting on Super Bowl LIV. That includes people who bet on every single football game of the season, and people who only bet on the Super Bowl with some of those merely betting on their favorite Super Bowl prop bets. With so much money going down on the game, we know you have plenty of questions. NJBet is here with all the answers to your FAQs (Frequently Asked Questions) of Super Bowl LIV.
What is Super Bowl Spread?
The Super Bowl spread works like any other game, the favorite is donated by a negative (-) sign and the underdog by a positive (+) sign. The spread is merely the amount of points the favorite must win by in order for players to win their bet. For Super Bowl LIV, the spread is Chiefs +1.5. this means for anybody putting money down on the Chiefs, Kansas City needs to win by two or more points. For 49ers bettors, San Francisco must win the game, or less by one point in order for them to win their bet.
What are Super Bowl Odds?
The Super Bowl odds, or Super Bowl moneyline, varies depending on which sportsbook you go to. However, since the spread is relatively close in Super Bowl LIV, the Super Bowl odds are pretty even. Yes, the Chiefs are favored in the game, but you won’t find many long odds for the 49ers despite them being underdogs. Most of the sportsbooks are posting Super Bowl odds between (-145) and (-115) for the Chiefs (with the most popular odds at either -125/-130) and the 49ers Super Bowl odds are hovering between (+100) and (+120) with most of the odds coming in at (+105/+110).
What is the Super Bowl Betting Line?
The Super Bowl Line refers to all the different aspects of betting on Super Bowl LIV. The Super Bowl line incorporates the spread (+1.5/-1.5), the money line (Chiefs -125, 49ers +110) and the Super Over/Under or Super Bowl Total, which is currently sitting at 54. Unlike most games where your betting options might be limited, there are plenty of options on how to bet on the Super Bowl so if the Super Bowl betting line doesn’t entice you, make sure you check out all the other options.
Where to Bet on the Super Bowl?
Where to bet on the Super Bowl is obviously the most important question of all. What is the point of knowing all this information if you can’t find a place to bet online? Yes, you can find a sportsbook at a casino, but the best place to bet on the Super Bowl is with our partners and online sportsbooks. Keep checking on NJBet for the latest Super Bowl odds and prop bets and make your Super Bowl bet online.
How to Bet on the Super Bowl?
For all those wondering how to bet on the Super Bowl, look no further than NJBet where you can make all your favorite Super Bowl bets from the comfort of your own home. Check out any of the deals and promotions we have running on NJBet, click on the correct link, deposit your money to your preferred sportsbook, and make your bet.