How to Bet on the Super Bowl

The Super Bowl is one of the biggest sporting events in the world, and if you're a fan of the NFL, then you probably already know how to bet on the Super Bowl. 

But if you're a beginner to sports betting or American football, we're here to help you get the most out of your experience. 

So before you head over to your favourite sports betting sites, let's have a look at the best way to bet on the Super Bowl.

Best Way to Bet on the Super Bowl 

There isn't just one way to bet on the Super Bowl, but the best strategy for you will depend on your experience of betting and knowledge of the NFL. 

For example, if you're new to sports betting, it's probably best to start with straightforward, easy bets such as moneyline or point spread. However, if you're a seasoned veteran, and you have a good understanding of the NFL, then things like parlays and prop bets can be great Super Bowl bets to make.

Super Bowl Betting Tips and Strategies 

While winning can never be guaranteed, there are some basic tips and strategies you can use to help set yourself up for success when betting on the Super Bowl.

Research & analysis 

It doesn't matter what sport you're betting on, research and analysis are two of the most important factors to consider before putting your money on anything. 

Look at things like both teams' performances throughout the season, taking note of any major events or injuries that may affect the lineup. Trends will also help you predict outcomes, for example, an underdog that has performed well in previous Super Bowls. 

Aside from researching NFL statistics, also make sure you shop around for a sportsbook that offers competitive odds and a good range of markets. Don't forget, if you win your bet, you want to make as much profit as possible! 

Consider different betting types 

What type of bet you make on the Super Bowl will have a large impact on your probability of winning. 

Moneyline and point spread betting are simple, yet won't offer the best odds. But other types of bets, such as props, open up a world of possibility. 

When conducting your research, have a look at prop bets that have value, such as who will win the Super Bowl MVP award. Prop bets can be silly and fun, like betting on the outcome of the coin toss, but they can also provide a great range of markets to profit from. 

Hedge your bets

A popular way to reduce risk when betting on the Super Bowl is ‘hedging’. This is when you bet on both sides - guaranteeing yourself a win. 

For example, if you put a futures bet on one team to win the Super Bowl before the playoffs, you can hedge this by betting on the other team once the matchup is set, ensuring you win one of your bets, regardless of the final result. 

Popular Super Bowl Betting Types 

Now it’s time to look at some of the most popular types of bets you can make on the Super Bowl:

• Moneyline: Bet on which team will win the game
  
  

• Point spread: Bet on whether a team will win or lose by a specific number of points, decided by the sportsbook
  
  

• Totals: Bet on the total combined score of both teams, predicting whether it will be over or under the number set by the bookmaker
  
  

• Prop bets: Unique bets that focus on individual events during the game, such as the first touchdown scorer, halftime show outcomes, or even the length of the national anthem
  
  

• Futures: Leading up to the game, you can place long-term bets on which team will win the Super Bowl before the playoffs even start

How Much Can You Win Betting on the Super Bowl?

How much you can win by betting on the Super Bowl depends on how much you wager, what type of bet you make and what odds the bookmaker gives you. 

Of course, a straightforward bet like moneyline means you have a 50/50 chance of winning, however, this will be reflected in the odds. You have to risk more to make more!