The Super Bowl is a spectacle unlike any other on the sports calendar. Whether you’re a die-hard fan of the National Football League who enjoys betting on NFL odds all season or just a casual sports viewer, the Super Bowl pulls in eyeballs from all corners. It’s also the busiest single day of the year for most online sportsbooks, and in a growing number of states, bettors can wager on the Super Bowl with a mobile device from the location of their choice.
2023 Super Bowl Odds
Super Bowl Best Bets | Markets To Keep An Eye On
The big game is still a few weeks away, but it’s a great time to take a look at the Super Bowl betting odds and place futures on which team will lift the Lombardi Trophy before the value is completely drained.
Unfortunately, it’s the only aspect of the game that can be wagered on at the moment since the matchup isn’t set. Expect most betting markets to become available in the days following the NFC and AFC championship games. That said, we do have the benefit of knowing that a huge catalog of betting markets is waiting for us, as it happens every year.
The conventional moneyline, spread, and total will always be there, as will the Super Bowl MVP odds, but the offerings go so much deeper than that. The problem is that while so many of the prop markets can be fun, you can’t possibly get to or bet on them all. So we’re offering some of our favorites for a variety of reasons, which should demonstrate the variety we’re talking about.
2023 Super Bowl Prop Bets To Consider
Same-Game Parlay (Moneyline/Spread & Total): SGPs have become insanely popular because you can stack a million things together for a huge potential payout, but one of our favorite bets is just correlating a side and a total. That could mean using the moneyline or the conventional spread and over/under, or it could mean using alternate lines to craft the bet of your choice.
Player Total Rushing/Passing Attempts: Sometimes predicting a player’s usage and the team’s offensive script is much easier than projecting the actual results. And that’s where attempts come in as a valuable prop for both running backs and quarterbacks. One example would be Super Bowl 55 when Bucs RB Leonard Fournette’s attempts total was set around 11.5 (-110). Looking at his usage throughout the postseason, Playoff Lenny had 19, 17, and 12 carries. There was no reason to think Fournette wouldn’t be just as involved in the game plan, even if Ronald Jones shared work.
In the end, Fournette got 16 carries in the Super Bowl and hit all of his over props, but the attempts were perhaps the easiest of all. It can go the same way in the opposite direction and predicting a player’s usage could lead you to an under.
Number Of Players To Attempt A Pass: For Super Bowl 56, this line was Over 2.5 (+175), Under 2.5 (-200), and that’s pretty typical. The total for this market is always set at 2.5 because we know both QBs will throw it, and it’s always shaded toward the under since it’s hard to predict if coaches will go deep into their playbooks. But if there’s any time to do it, the Super Bowl isn’t a bad option.
This is a fun Over wager for anyone who likes chaos and gadget plays because if you get what you’re looking for, you’re going to get a nice payout. Will there be some trickery that allows for a skill-position player to throw one? Hey, we’ve seen it before.
First Offensive Play From Scrimmage – Pass or Run: Here, you get to predict the game scrips for the opening drive. This can get tricky when you don’t know which team will have the ball first but if you place this bet with one team in mind and they do get the first possession, you could be in luck.
Plus, everyone likes early results. At least this involves football and not the national anthem, coin toss, or some other unrelated novelty that isn’t related, all of which we’d avoid. For the most recent Super Bowl, the line read Pass (-124), Run (+100), and Tampa Bay threw a pass after receiving the opening kick.
Longest Field Goal Over/Under Yards: Another phenomenal way to stay engaged on the entire game without being attached to any player, team, or final score. This keeps you interested in every single drive once teams cross midfield, and now you’re invested in plays that seem dull over the course of a game. This number will depend on the weather, the stadium, and who is kicking, but is likely to be somewhere between 46.5 and 48.5 on most occasions. It also takes some prognosticating about what coaches may do in certain situations during the biggest game of the season.
Race To X Points (10, 15, 20, & 25, etc.): Do you think one team will get out to a hot start? Pick them to get to 10 points first then. Or do you think they’ll struggle early? Well that’s a reason to take the other side, isn’t it? Going with a race to 10 points is a look at the early part of the game, while the race for 25 or more points is likely a second-half feat.
One interesting (but perhaps not as fun) way to play this is to look for sites like DraftKings where they offer a ‘draw’ option, which means neither gets to that total. If you feel you’re in store for big-time Under, this could be one interesting way to cash in on Super Bowl Sunday.
How To Bet On Super Bowl LVII
Moneyline betting is the simplest form of wagering there is and that’s the case across the board when gambling on sports, but it remains true for the NFL and certain the Super Bowl. It’s simply a bet on which team will win the game, regardless of the score. Here’s an example:
- Tampa Bay Buccaneers +145
- Kansas City Chiefs -165
When betting moneylines, it’s best to use the number 100 to calculate potential wins and losses.
For favorites, the moneyline represents what the bettor would have to risk in order to win $100. Prior to Super Bowl 55, the Kansas City Chiefs were favorites at -165. That means you’d need to risk $165 to win $100 in profit. From there, you can calculate it based on the amount you’d want to wager.
With underdogs, the moneyline is the amount you can win if betting $100. The Bucs were underdogs going into Super Bowl LV at +145, meaning a $100 wager would’ve won $145 in profit once Tom Brady and the Bucs got it done.
The point spread is the oddsmakers’ way of evening out the game for bettors. It’s effectively a projected win margin for favorites, and a losing margin for underdogs. Favorites must win by more than the spread indicates to ‘cover’ the number and win your bet. Underdogs can lose and still win the wager by covering the spread if they’re defeated by a lesser number than the spread indicates.
- Tampa Bay Buccaneers +3 (-110)
- Kansas City Chiefs -3 (-110)
A pick on the favorite means needing the Chiefs to win by four or more points to cover the spread. At -110, you’d have to risk $110 for every $100 in profit. Betting on the underdog Bucs would mean winning the game or losing by two points or fewer to cover the number. At -110, the price for taking Tampa Bay is the same.
You’ll notice that the point spread is the same for both teams, and the juice that accompanies it is often similar, unlike the wide ranges that come with betting moneylines. In this example, the prices are the same for both sides, but the juice for most Super Bowl spreads will vary from -120 to +100 for a given side.
Betting on totals, also known as over-unders, is another fan favorite during the Super Bowl. Bettors sometimes have an easier time projecting the pace of a game compared to which team will win, so picking over or under the predetermined point total makes for a popular wager.
- Bucs/Chiefs Over 56.5 (-105)
- Bucs/Chiefs Under 56.5 (-115)
Totals are pretty self-explanatory when it comes to figuring out whether you won or lost. An Over bet would require 57 points or more to hit, while an Under bet cashes if the game ends with 56 points or fewer. At -115, your risk for an Under is a few bucks more than the Over (-105) but similar to point spreads, the juice will be in that -125 to +100 range for both sides.
Live betting is incredibly popular throughout the NFL season and that continues through the Super Bowl. Whether you missed the kickoff, were wrong about your pregame bet, or just saw something you liked mid-game based on the action, oddsmakers will offer dozens of markets during the contest.
You can bet on the standard moneyline, spread, and total, but there is also a massive range of alternate options thanks to the ever-popular Super Bowl prop betting market.
Super Bowl Prop Betting
Proposition bets take on a life of their own when the Super Bowl comes around, and the amount of money taken in on props far exceeds what comes in on the conventional moneyline, spread, and total. This is due to the massive popularity of props, and also the sheer volume of the options.
As online sports betting has grown, so too has the public’s penchant to bet on more than just who will win the game and the total amount of points. Sportsbooks have responded with a nearly limitless supply of props centered around players, teams, and the game itself. While some props do include the ultimate result of the game, the overwhelming majority are entirely independent of who wins and loses.
There are dozens of markets and hundreds of options for every NFL game each week, but sportsbooks are able to somehow up the ante at this point in the year. For every single Super Bowl, betting sites offer unique prop markets that can only be wagered on during the NFL championship game.
Super Bowl MVP
The most popular bet outside the traditional ones is historically for Super Bowl MVP. That is in part because it was available long before most of the current prop market was around, and it is also because the potential is there for a nice payday.
Commonly, it’s quarterbacks who win the Super Bowl MVP, as it’s gone four of the past five years. Sportsbooks know this, and QBs are generally the players with the lowest odds going into the game. Prior to Super Bowl LV, Patrick Mahomes was the favorite at around even money (+100), while Tom Brady was next in the +175 to +200 area. Of course, Brady went on to win the award (again).
But on the occasion that another position group has a chance to win the award, you can get huge odds. For example, Patriots wide receiver Julian Edelman was around +2000 before winning the MVP at Super Bowl LIII. Broncos star pass-rusher Von Miller had similar odds heading into Super Bowl 50.
Super Bowl Parlays | Same Game Parlay Betting
Several sportsbooks offer a same-game parlay (SGP) feature (also referred to as a one-game or single-game parlay), and it has grown in popularity among NFL bettors. These bets allow you to combine moneylines, spreads, and totals (along with alternate lines) with several different props to build a parlay that is focused on one specific game.
These bets are increasingly popular during standalone primetime games such as Monday Night Football because it’s the only game on, and that remains true during the Super Bowl. Bettors will be able to choose from dozens of different markets to build a wager that may win big once the game is played.
With all of the game, team, and player props being offered, bettors have the ability to build an SGP that is entirely unique, and it can vary in odds as much as you want it to. Most sites also offer the ability to include alternate lines for moneylines, spreads, totals, and certain props.
2023 Super Bowl Free To Play Sportsbook Contests
While sportsbooks are known for offering a massive range of betting markets and quite literally thousands of individual wagering options for the Super Bowl, there are still ways to get involved even if you don’t want to put any of your own money on the line.
This is because sites such as DraftKings and FanDuel have free-to-play contests that existing customers can join with the hopes of winning one of the many cash prizes that are offered. Below, we’ll let you know what to expect from these free Super Bowl contests.
DraftKings Big Game Squares
Everyone has had a box in a squares pool before. All that’s required is picking a square in a grid of 100, and you’ll be given a digit for each team playing in the big game. You simply choose your square for all quarters of Super Bowl and check the score at the end of each Super Bowl quarter and see if you had the winning square. If you did, you’ll win your share of the prize pool for that quarter, paid as cash directly into your DraftKings account!
DraftKings Big Game Props
DraftKings will provide all participants with a props sheet, which will require each person to make picks on a wide range of Super Bowl props. Each player is awarded a point for every correct answer, and landing on a leaderboard can win you a share of a massive prize. The highest score at the end of the fourth quarter wins $1 million!
FanDuel Props Big Game Bingo Contest
FanDuel has been known to run a props-related bingo contest that gives out $100,000 in total during the Super Bowl! Each card has 24 props and a free square in the middle. Your card will be marked as soon as a prop hits. Just call BINGO when you have five in a row and see if you won. Prizes range from DFS credit to $10,000!
Where Can You Bet On The Super Bowl?
Online sports betting is spreading rapidly across the country, which means people in a growing number of states are allowed to wager on events such as the Super Bowl. At this point, well over half of the country has legalized sports gambling in some form, with most (though not all) of those areas allowing for mobile betting.
In total, 29 states plus Washington D.C. have legal sports betting of some kind. Among those, the following allow for online sports betting, though the way it is offered can vary from state to state:
- New Hampshire
- New Jersey
- New York (launching in time for Super Bowl 56)
- Rhode Island
- West Virginia
On top of this ever-growing list, Louisiana and Ohio are among the other states to look out for when it comes to the addition of sports betting as a whole, and specifically mobile wagering.