Superbowl Betting

The Superbowl is probably the most watched sports event in America. And it is no coincidence that betting on the Superbowl, both legal and illegal, reached new landmarks last time around.

The most intriguing aspect of Suberbowl betting is perhaps the fact that the spread is likely to move right up until kick off, usually because someone, somewhere, is likely to place a huge bet, even a million dollars.

The straight bet, also referred to as the side bet, is probably the most common bet in Superbowl betting. It is based on the point spread, which by definition, is the predicted scoring difference between a game’s two opposing teams. In order for there to be a payout, a team has to win within the margin of the point spread. Interestingly, you can still win even if the team you pick lose the game itself and likewise, you can lose your bet even if the team you pick win the game.

As a rule of thumb, most people involved in Superbowl betting tend to bet on the favourite early and leave it until late to bet on the underdog. The point spread will, however, differ from one sportsbook to another and shopping around for the best spread is often advised.

Besides the point spread, you can also bet the odds line or money line wager, where all you have to do really is pick the winner. Profits from betting on the odds line tend to be less compared to the point spread and usually you will make more money betting on the underdog than on the favored team.

Other bets to consider in Superbowl betting are parlays, totals and props. All in all there are usually over 500 different ways to place a wager on the Superbowl including:

Who will score the first touchdown.
Who will throw the first interception.
Who will be the most valuable player.
Most interceptions.
Most rushing yards.
Most sacks.
Most passing yards.
Betting that the first score will be a safety.
Comparison between the Sunday performance of a player from another sport (NBA, golf, etc) and that of a Super Bowl player.

Super Bowl Betting - Get $20 free