NFL Betting: How to Bet on the Super Bowl

With the NFC and AFC championship games in the books, it’s time for the NFL’s biggest betting extravaganza. The Super Bowl and gambling go together like peanut butter and jelly. For bettors of all levels, it’s a chance to watch the best teams in the NFL square off while wagering on everything from the coin toss to which team will cover the spread.

We’ll show you how to bet on the Super Bowl, complete with handicapping info and tips, so you can make educated picks at the sportsbook.

Best Super Bowl Betting Sites

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  2. GT Bets

    GTBets is the sportsbook of choice for football fans due to their NFL and college football betting lines and odds. Their easy-to-use interface makes betting a breeze. Plus, their ample sign-up bonus will match your first deposit 50% up to $500. Whether you're wagering on the NBA, baseball or horse racing, this is the online betting site you need.

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  3. BetOnline

    Known for their killer Welcome Bonus and refer-a-friend program, is focused on the bettor. Choose from player props to $125 worth of risk-free bets when you use this sportsbook for your wagering needs. They also boast early lines and quick payouts, making them one of the most respected in the industry.

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Placing a Bet on the Super Bowl

As soon as the teams are announced, betting sites release their lines. Below we’ll describe each betting option and break down odds. Whether you’re a novice bettor or a seasoned pro, there’s a wagering type out there for you.

Moneyline: Who will Win the Game?

This is one of the most popular betting options for football since all you need to do is pick a team to win the Super Bowl. A moneyline bet requires you to determine a Super Bowl winner straight up (SU) based on the odds.

When you visit your favorite online sportsbook, you’ll see odds listed like this:

  • New England Patriots -115
  • Los Angeles Rams +105

Using the example from Super Bowl 53, the Patriots are the favorite and the Rams are the underdog. Faves are always denoted with the minus sign (-) and dogs will always be shown with the plus sign (+). This is universal gambling language across all betting sites, whether you live in Canada, the United States, Brazil or Europe.

Let’s say you have $100 burning a hole in your wallet. If you were to bet that money on the Pats and they won, you’d get a payout of $186.96 – your original $100 is returned along with your winnings of $86.96.

If you were to take the other side of that bet and the Rams won, you’d get a payout of $205 – you get your $100 back, coupled with your winnings of $105. The return is bigger when you bet on the underdog. However, you shouldn’t bet on the lesser team with the hopes of winning big. Yes, upsets do happen – see Super Bowl 44 – but without proper handicapping, you could be on the same side of a losing bet. Don’t worry, we’ll cover handicapping in a bit.

To see how much you’d win based on the odds and the amount wagered, check out our Odds Calculator.

Point Spread: Which Team will Cover?

Spread bets are prevalent during the regular season, postseason and, of course, the Super Bowl. For this wager, you aren’t choosing who will win the game, but by how much they will win. Betting odds would appear something like this:

  • Green Bay Packers -3.5
  • Pittsburgh Steelers +3.5

To cover the spread, the Packers would need to win by 4 or more points. In order for the Steelers to cover, they would need to win outright or lose by no more than 3 points. The point spread is generally a multiple of 3 or 7 – field goals are 3 points and touchdowns (6) + PAT (1) are 7 points. However, you may see spreads as low as 1 or as high as 14 depending on how evenly or unevenly matched the teams are.

Totals: Combined Score Betting

This is a wager on the total collective score from both teams. If the oddsmakers predict that the total score will be 49.5, you have the option of betting the OVER or UNDER. If you think the total score will be 49 or less, you would take the UNDER. On the other hand, if you think the score will be 50 or more, you would choose the OVER.

In some cases, the OVER/UNDER number will not have a decimal (.5). Let’s say it was set at 49. Should the combined score hit 49 exactly, it’s called a PUSH and your money would be refunded as if the bet never happened.

Props: Let the Entertainment Begin!

Sports betting and entertainment collide on Super Bowl Sunday in the form of props. These are bets on team and player milestones that do not necessarily correlate with the game’s end result, such as rushing yards, receptions, touchdowns, special teams and who will be named MVP.

Super Bowl prop bets can also involve non-game action like the length of time it will take to sing the National Anthem, the color of Gatorade dumped on the winning coach, and whether the coin toss will reveal heads or tails. There will also be odds available for the Halftime Show, like which song will be played and what the performers will be wearing.

Parlays: Multiple Bets on One Betting Slip

Super Bowl parlays let you bundle many bets on a single ticket. For instance, you could take the OVER and couple that with a few props. Keep in mind that in order for your entire bet to win, each separate wager must hit. If even one loses, the entire betting slip is considered a loss.

You don’t have to limit this type of bet to the Super Bowl. You can add other sports to your ticket depending on what’s going on at the same time as the big game.

We have a Parlay Calculator that will let you input up to 100 bets, though we recommend keeping it to between 2-10. Plus, most of the top sportsbooks only allow parlays that don’t exceed 10 bets.

Betting Live: Wagering While the Game is Unfolding

In-play betting gives you the chance to bet on the Super Bowl while it’s going on. Live betting odds are updated before each drive, allowing you to guess if it’ll end in a touchdown, field goal or interception. These odds disappear fast, so if you see some you like, jump on them.

NFL Futures: Betting on Next Season

While Super Bowl 54 is being played, why not bet on Super Bowl 55? No, really. You can make a futures bet on which team you think is going to win next year’s big game. This is a great time to make a bet like this since the odds will be decent for each team. The only thing to keep in mind with a bet of this nature is that you won’t know if you won until February of the following year.

Handicapping Your Super Bowl Bets

The last thing you want to do is make bets without doing any type of research. Luckily, you’re in the right place, like David Tyree’s helmet during Super Bowl 42. Odd Shark’s team of NFL experts are here to ensure you know exactly what type of bets to make and how to handicap them.

We have everything you need to bet on the National Football League’s biggest Sunday, from detailed analysis of why each team has the potential to win, to the tools necessary for you to make smart picks. The following pages are designed to provide everything from Super Bowl odds to historical spreads:

  • Game Center: Current odds and lines for Super Bowl 54
  • Total Handle: How much is bet on the Super Bowl in Vegas each year
  • NFL Database: How each team has fared against the other in the past
  • All-time Spread Odds History: A look at who covered the point spread from each Super Bowl
  • Betting Trends: How each team performed historically in specific game-time situations
  • Free Picks: Our Super Computer offers a free pick to bettors along with the predicted score

Super Bowl Betting Tips
  • Keep it locked to Odds Shark for updates, game lines and analysis throughout the Super Bowl. Our experts are on duty to ensure that you have enough info to make smart picks before and during the game.
  • If you’re unsure of which side to take in any spread, SU or totals bet, check out our Consensus page. Expressed as a percentage, you’ll see who the betting public is backing. You don’t have to bet with the public, you can go against them if you feel strongly. For more on this, check out our NFL Fading the Public page.
  • Once the lines are announced, they’re not set in stone. Oddsmakers can adjust the odds until right before kickoff. If you see odds at a good price, it’s best to take them early just in case the line moves.
  • Super Bowl 51 is the only game to go into overtime. After the Patriots came back from a huge deficit to score 25 unanswered points against the Falcons, the 28-28 tie forced OT. However, if the game does go into OT, your bet still counts.
  • Only use one of the NFL sportsbooks from our approved list. We have vetted each betting site to ensure they are safe and offer great betting lines.
  • Even though the game is played on neutral turf, there is a home and an away team. In even-numbered years, the NFC representative is the home team and in odd years, it is the visitor. So, if you see “Home/Away Spread” listed at an online sportsbook and aren’t sure which team it applies to, check if the year is odd or even.
  • Cryptocurrency is the only deposit and withdrawal method for funding your betting account that is instantaneous. If you’ve never made a Bitcoin deposit, check out our guide that explains everything you need to know about this e-money.
  • Betting results are updated at the sportsbook as soon as they happen. However, withdrawals can take some time since everyone and their mom is trying to cash out at that same time.
  • Do not bet beyond your means. If your bankroll can’t handle that huge prop, don’t bet it. It’s always better to wager small amounts than to bet the house right off the bat.
  • Online gambling is supposed to be entertaining. If betting ceases to be fun, take a step back and have some nachos. Watch the game, enjoy the halftime show and worry about your wagers later.