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The Super Bowl is set, with the Kansas City Chiefs to defend their title against the San Francisco 49ers, and the countdown is on to the NFL championship game in Las Vegas. The next two weeks also present a bonanza for sports bettors, given that an estimated $16 billion was wagered on the Super Bowl last season. With more states legalizing sports betting with each passing year, that number may well be eclipsed in 2025.
No surprise, then, that the Super Bowl odds accumulating over the next two weeks will be voluminous – from standards like spread, total and moneyline, to an avalanche of prop bets and parlay opportunities. If it’s related to the Super Bowl, there’s probably a bet on it, from the length of the national anthem to the color of Gatorade dumped on the winning coach.
Sportsbooks also roll out Super Bowl betting promos that can earn first-time users bonus bets they can use to wager on the game. To take advantage of these sportsbook promo codes, users must be at least 21 years old and in a state where legal mobile betting operates.
So, how to bet on the Super Bowl without getting overwhelmed by all the available choices? Let’s make it easy and take a look at seven of the most popular wagers that sports bettors make in advance of the NFL’s championship game.
A moneyline is the simplest bet you’ll find at Super Bowl betting sites – you’re backing one team to win. A plus sign before the number indicates how much you can win for each $100 wagered (though you don’t have to bet that much). A moneyline of +330, for instance, means you can win $330 for each $100 you bet. A negative moneyline, which indicates a favorite, signifies how much you have to bet to win $100 – a -110 moneyline, for example, means it would take a $110 bet to win $100.
Another mainstay at NFL betting apps the spread indicates how many points one team is favored over another, according to the sportsbook. A spread of -6.5, for instance, means the favorite must win by at least seven points for the bet to win; the underdog, conversely, must lose by six or fewer points (or win outright) for a bet on that team to win. Know that the spread can and will change between the time odds are released and kickoff.
The total is a number set by the sportsbook signifying the number of combined points that both teams will score in the game. Bettors wager on whether the actual total will fall over or under that number (why it’s also called an “over/under” bet). Should the two teams combine for 35 points against a 38.5-point total, an under bet would be the winner.
Another moneyline bet, although you’re wagering not on one team, but on which player will win Super Bowl MVP. Quarterbacks, which have won three of the past four Super Bowl MVPs, will undoubtedly offer far less value than players at other position. But take note: two wide receivers and two linebackers have claimed the award within the past decade. And only one MVP has ever come from a losing team, that in 1971.
Betting on players to score touchdowns is a fun NFL wager to make. You can bet on a player to score the first touchdown in a game, or score a TD anytime within the contest (although the former comes with far more favorable odds). As with Super Bowl MVPs, top players dominate the top of the odds board. But since this wager requires a player to physically score a touchdown – not just pass for one – less-mobile quarterbacks carry higher odds.
The countless Super Bowl prop bets are a hallmark of betting on the NFL championship game, and the myriad of opportunities includes a wager on the outcome of the opening coin toss. That’s right – heads or tails, with both options typically carrying equal moneyline odds. The result was tails last year, and heads the two seasons before that.
Super Bowl props aren’t limited to individual players and coin tosses – sportsbooks also offer props on teams, such as which will score first in the game. The team that’s favored in the game is often favored here as well, although the underdog offers better value. You’ll also be able to bet on a team scoring first and winning, or scoring first and losing.
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