Super Bowl Odds: Updated Prices After Major NFL Trades, Signings

Futures, Lines, Props And Betting Strategy

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Check out updated Super Bowl odds for this upcoming NFL season. The LA Rams are the reigning SB champions but are not the favorite to win it all next season. Buffalo is the betting favorite to win the top prize in pro football as they are around +650 at most sportsbooks. The Tampa Bay Buccaneers, with Tom Brady back at quarterback for the third season in a row, and the Kansas City Chiefs are also near the top of the majority of Super Bowl odds boards.

Super Bowl odds

Here is a look at updated Super Bowl odds from the top sportsbooks in the United States and Canada. Compare futures prices for the 2022 – 2023 NFL season.

Here is a futures report with next year Super Bowl odds for all 32 pro football teams. We also dish out consistent betting updates on the state of affairs for each National Football League squad and rank them in tiers.

Super Bowl 57 odds: Favorites

Here are the favorites to win next season’s National Football League title along with each team’s Super Bowl 57 odds.

Buffalo Bills (): The Bills inked Von Miller to a $120 million deal and drafted Kaiir Elam 23rd overall to add some depth with CB Tre’Davious White (ACL) coming off an injury and Levi Wallace departed in free agency. On offense, Josh Allen gets a second capable TE to work with in O.J. Howard, and Georgia RB James Cook could play a role in a pass-happy attack.

Tampa Bay Buccaneers (+700): Tom Brady reversed course on his retirement, and Chris Godwin, Leonard Fournette, and Gio Bernard followed. Bruce Arians has stepped aside to let Todd Bowles take over as head coach and Rob Gronkowski is rumored to be coming back for one more ride. The Bucs hedged against losing Ndamukong Suh by drafting DE Logan Hall, and traded up for OT Luke Goedeke to better protect Brady.

Kansas City Chiefs (+1000): After letting Tyreek Hill walk, the Chiefs spent their first two draft picks on defense, then took Western Michigan speedster Skyy Moore to form a new receiving corps alongside signees JuJu Smith-Schuster and Marques Valdez-Scantling. Ronald Jones could give this offense more of a power dynamic.

Los Angeles Rams (+1000): We will finally see what Allen Robinson can do in a sophisticated offensive system with a competent QB, and he’ll get tons of single coverage opposite Cooper Kupp. Aaron Donald is coming back, the Rams drafted several talented DBs, and scored big at the LB position by inking former Seahawks star Bobby Wagner to a 5-year deal.

Super Bowl 57 odds: Contenders

Here are some of the top contenders to win next year’s championship along with their Super Bowl 57 odds.

Green Bay Packers (+1000): Aaron Rodgers decided to take a massive contract from the Packers, which all but assured that he would lose his primary target, Davante Adams. It’s hard to imagine an offense that has cratered the past few postseasons thriving without a true top receiver.

San Francisco 49ers (+1400): The road to the Super Bowl is suddenly much easier in the NFC and the 49ers proved that they can make a run with a strong running game and defense. Deebo Samuel is still locked in negotiations with the front office over his deserved extension.

Denver Broncos (+1600): Russell Wilson should improve a Broncos offense that averaged just 19.7 PPG last season. Denver drafted UCLA TE Greg Dulchich, who could help stretch defenses with Wilson looking for him over the top.

Los Angeles Chargers (+1600): While the Broncos finally got an elite QB and the Raiders traded for Davante Adams, the Chargers upgraded on defense by pairing Khalil Mack with Joey Bosa to create a terrifying pass rush. They doubled down on protecting Justin Herbert by selection OG Zion Johnson 17th overall.

Cleveland Browns (+1700): The Browns committed the most guaranteed money ($230M) in NFL history and dealt three first-round picks for a QB who is still dealing with 22 pending civil lawsuits. Deshuan Watson could put this team over the top, but he comes with plenty of baggage.

Dallas Cowboys (+1700): Dallas had to let Amari Cooper go to create some roster flexibility with so much of their salary cap committed to three skill players. The Cowboys look to replace some of that production by drafting WR Jalen Tolbert and TE Jake Ferguson.

Cincinnati Bengals (+1800): The Bengals secondary was a hugely underrated part of their Super Bowl run last year, and they added Michigan product Daxton Hill to rotate at safety behind Jessie Bates and Vonn Bell, or play some cornerback.

Baltimore Ravens (+2200): Tyus Bowser (Achilles) is expected to be ready for Week 1 and the Ravens might have struck third-round gold by drafting OLB David Ojabo after his draft stock fell following an Achilles tear. Lamar Jackson is still waiting for a potential contract extension.

Tennessee Titans (+2800): Searching for answers at the WR position, the Titans signed Robert Woods and traded A.J. Brown for the 18th overall pick, which they used on Arkansas product Treylon Burks in the hopes he can replace Brown’s production at a far lower cost.

Super Bowl betting odds: Longshots

Here are longshots to win it all judging by their current Super Bowl betting odds.

Indianapolis Colts (+2200): The Colts have moved on from Carson Wentz and are ready to ride with 36-year-old Matt Ryan. Indy remains a solid team on both sides of the ball with an excellent coach in Frank Reich.

Arizona Cardinals (+2500): Something seems to be amiss in Arizona between Kyler Murray’s social media mind games and Chandler Jones skipping town to join the Raiders. Kliff Kingsbury and GM Steve Keim received extensions, so they have some time to build a culture in the desert.

Miami Dolphins (+3000): The Dolphins are making moves to try and win now, as they continued to mortgage draft capital for WRs Tyreek Hill and Cedrick Wilson. They found room to re-sign top CB Xavien Howard and swipe Raheem Mostert from the 49ers.

Las Vegas Raiders (+3500): Former New England offensive coordinator Josh McDaniels takes over a loaded roster that now includes both Chandler Jones and Maxx Crosby screaming off the edge. Davante Adams is reuniting with his college quarterback Derek Carr and the Raiders are ready to contend in the loaded AFC West.

Philadelphia Eagles (+3500): Jalen Hurts gets a true No. 1 option with the Eagles trading for A.J. Brown on draft night. Hurts and Brown could do a lot of damage in a weak division.

New England Patriots (+4000): After a record-setting spending spree last offseason, the Patriots let stud OG Shaq Mason go for a fifth-rounder. They did nab promising young safety Jabril Peppers, traded for WR DeVante Parker, and have reportedly been in talks with Odell Beckham Jr. as he comes off an ACL tear.

Minnesota Vikings (+4500): While Mike Zimmer has been shown the door, new Vikings GM Kwesi Adofo-Mensah continued to focus on defense by signing LB Za’Darius Smith and starting his draft by taking Georgia safety Lewis Cine and Clemson CB Andrew Booth.

New Orleans Saints (+5000): The Saints made it official by bringing back Jameis Winston on a two-year deal and their odds promptly plummeted to +5000. They traded up to draft Ohio State WR Chris Olave and will use Taysom Hill in a role as a full-time TE.

Washington Commanders (+6500): Defensively, Washington will hope that Chase Young, Jon Bostic, and Montez Sweat bounce back after injury-riddled seasons. Offensively, the Commanders will hope that Carson Wentz can take care of the ball.

Pittsburgh Steelers (+6500): The Steelers were the first team to take a QB, selecting Pittsburgh product Kenny Pickett 20th overall. Mitchell Trubisky will serve as the stopgap for now as the Steelers move into the post-Roethlisberger era.

Chicago Bears (+10000): Now free from the archaic approach of former HC Matt Nagy, Justin Fields could showcase his play-making ability in his second year. New GM Ryan Poles targeted a mediocre defense by drafting safety Jaquan Brisker and CB Kyler Gordon.

Jacksonville Jaguars (+10000): The Jags hired Doug Pederson and started using their cap space by signing DB Darious Williams, OG Brandon Scherff, and WR Christian Kirk. They took stud DE Travon Walker with the first overall pick.

Seattle Seahawks (+10000): Drew Lock replaces Russell Wilson on a flawed team with the oldest HC in football and a lackluster defense.

New York Giants (+10000): Brian Daboll takes over a roster with plenty of offensive talent and he’ll hope that Tyrod Taylor could step in if Daniel Jones struggles. The Giants swiped elite DE Kayvon Thibodeaux fifth overall after he fell due to questions about his focus.

Carolina Panthers (+10000): Matt Corral was taken 94th overall by a franchise that is still searching for a cornerstone QB. Sam Darnold will have a very short leash this season.

Atlanta Falcons (+15000): The Falcons signed a top CB in Casey Hayward and re-signed OT Jake Matthews. Calvin Ridley is suspended for the season after gambling on games and Marcus Mariota takes over for departed QB Matt Ryan.

Detroit Lions (+15000): The Lions overachieved in Dan Campbell’s first season and have another exciting draft class coming in with defensive linemen Aidan Hutchison and Josh Paschal leading the charge.

New York Jets (+15000): With holes all over the roster, the Jets have taken a wide-lens approach to free agency and the draft, adding a number of promising young pieces and declining to trade a big package for Deebo Samuel.

Houston Texans (+20000): Veteran coach Lovie Smith takes the reins from fired HC David Culley and he will look to establish a defensive identity on a rebuilding Houston team.

Next year Super Bowl odds

Odds to win the Super Bowl next year have already been posted at sportsbooks. Here, first, are the opening odds which were posted by DraftKings Sportsbook on Jan. 24, ahead of this past season’s AFC and NFC Championship games.

  • Kansas City Chiefs +700
  • Buffalo Bills +800
  • Tampa Bay Buccaneers +1000
  • LA Rams +1100
  • Green Bay Packers +1200
  • Dallas Cowboys +1200
  • San Francisco 49ers +1400
  • Cincinnati Bengals +1400
  • Baltimore Ravens +1800
  • New England Patriots +2000
  • Tennessee Titans +2000
  • LA Chargers +2200
  • Arizona Cardinals +2500
  • Denver Broncos +2500
  • Indianapolis Colts +2800
  • Cleveland Browns +3000
  • Seattle Seahawks +3500
  • New Orleans Saints +3500
  • Miami Dolphins +4000
  • Philadelphia Eagles +4000
  • Las Vegas Raiders +5000
  • Pittsburgh Steelers +5000
  • Minnesota Vikings +5000
  • Washington Football Team +5000
  • Chicago Bears +6500
  • New York Giants +6500
  • Atlanta Falcons +6500
  • Carolina Panthers +8000
  • Jacksonville Jaguars +8000
  • Houston Texans +10000
  • New York Jets +10000

We will monitor how odds to win the 2022 -2023 Super Bowl are changing throughout the off-season. Here are what next season Super Bowl odds looked like on Feb. 14.

  • Kansas City Chiefs +750
  • Buffalo Bills +750
  • LA Rams +1000
  • Dallas Cowboys +1400
  • San Francisco 49ers +1400
  • Cincinnati Bengals +1400
  • Green Bay Packers +1600
  • Baltimore Ravens +2000
  • Denver Broncos +2000
  • Tampa Bay Buccaneers +2200
  • Tennessee Titans +2200
  • New England Patriots +2500
  • Arizona Cardinals +2500
  • Indianapolis Colts +2500
  • LA Chargers +2500
  • Cleveland Browns +3000
  • Seattle Seahawks +3500
  • New Orleans Saints +3500
  • Minnesota Vikings +3500
  • Miami Dolphins +4000
  • Philadelphia Eagles +4000
  • Las Vegas Raiders +5000
  • Pittsburgh Steelers +5000
  • Washington Commanders +5000
  • Atlanta Falcons +5000
  • Carolina Panthers +5000
  • Chicago Bears +8000
  • New York Giants +8000
  • Jacksonville Jaguars +10000
  • Houston Texans +15000
  • New York Jets +15000
  • Detroit Lions +15000

And here are what odds to win the Super Bowl looked like on March 8.

  • Kansas City Chiefs +700
  • Buffalo Bills +700
  • Green Bay Packers +900
  • LA Rams +1100
  • Denver Broncos +1200
  • San Francisco 49ers +1300
  • Dallas Cowboys +1400
  • Baltimore Ravens +1800
  • Cincinnati Bengals +1800
  • Tennessee Titans +2000
  • LA Chargers +2200
  • Arizona Cardinals +2500
  • Indianapolis Colts +2500
  • Tampa Bay Buccaneers +2800
  • New England Patriots +3000
  • Cleveland Browns +3500
  • Seattle Seahawks +3500
  • Minnesota Vikings +3500
  • New Orleans Saints +4000
  • Philadelphia Eagles +4000
  • Las Vegas Raiders +5000
  • Pittsburgh Steelers +5000
  • Miami Dolphins +5000
  • Washington Commanders +5000
  • Atlanta Falcons +5000
  • Carolina Panthers +5000
  • Chicago Bears +8000
  • New York Giants +8000
  • Jacksonville Jaguars +10000
  • Houston Texans +15000
  • New York Jets +15000
  • Detroit Lions +15000
TeamSuper Bowl Odds: Jan. 24Super Bowl Odds: Feb. 14Super Bowl odds: April 14Super Bowl Odds: April 29
Kansas City Chiefs+700+750+1000+1000
Buffalo Bills+800+750+650+650
Tampa Bay Buccaneers+1000+2200+700+700
LA Rams+1100+1000+1000+1000
Green Bay Packers+1200+1600+1000+1000
Dallas Cowboys +1200+1400+1700+1700
San Francisco 49ers+1400+1400+1400+1400
Cincinnati Bengals+1400+1400+1800+1800
Baltimore Ravens+1800+2000+2200+2200
New England Patriots+2000+2500+4000+4000
Tennessee Titans+2000+2200+2800+2800
LA Chargers+2200+2500+1600+1600
Arizona Cardinals+2500+2500+2500+2500
Denver Broncos+2500+2000+1600+1600
Indianapolis Colts+2800+2500+2200+2200
Cleveland Browns+3000+3000+1700+1700
Seattle Seahawks+3500+3500+10000+10000
New Orleans Saints+3500+3500+5000+5000
Miami Dolphins+4000+4000+3000+3000
Philadelphia Eagles+4000+4000+4500+3500
Las Vegas Raiders+5000+5000+3500+3500
Pittsburgh Steelers+5000+5000+6500+6500
Minnesota Vikings+5000+3500+4000+4500
Washington Commanders+5000+5000+6500+6500
Chicago Bears+6500+8000+10000+10000
New York Giants+6500+8000+10000+10000
Atlanta Falcons+6500+5000+15000+15000
Carolina Panthers+8000+5000+10000+10000
Jacksonville Jaguars+8000+10000+13000+13000
Detroit Lions+10000+15000+15000+15000
Houston Texans+10000+15000+20000+20000
New York Jets+10000+15000+15000+15000

How the Rams vs. Bengals Super Bowl line changed

Below is a look at how the odds for the Rams vs. Bengals Super Bowl changed in the days leading up to kickoff. The Bengals opened as +4 underdogs against the Rams.

  • Rams vs. Bengals Super Bowl spread Sunday, January 30: Rams -4, Bengals +4
  • Super Bowl spread Monday, January 31: Rams -4.5, Bengals +4.5
  • Super Bowl spread Friday, February 4: Rams -4.5, Bengals +4.5
  • Rams vs. Bengals Super Bowl spread Sunday, February 6: Rams -4, Bengals +4
  • Super Bowl spread Monday, February 7: Rams -4.5, Bengals +4.5
  • Rams vs. Bengals Super Bowl spread Tuesday, February 8: Rams -4, Bengals +4
  • Super Bowl spread Wednesday, February 9: Rams -4.5, Bengals +4.5
  • Rams vs. Bengals Super Bowl spread Thursday, February 10: Rams -4, Bengals +4
  • Super Bowl spread Friday, February 11: Rams -4, Bengals +4
  • Rams vs. Bengals Super Bowl spread Saturday, February 12: Rams -4, Bengals +4

Super Bowl odds from last year

Here is how Super Bowl odds changed over the course of last season. Initial 2021 – 2022 odds to win the Super Bowl were posted on the day of that season’s AFC and NFC title games.

Opening Super Bowl odds for 2021 – 2022

  • Kansas City Chiefs +600
  • Green Bay Packers +800
  • Buffalo Bills +1100
  • Baltimore Ravens +1200
  • Tampa Bay Buccaneers +1300
  • New Orleans Saints +1500
  • San Francisco 49ers +1500
  • LA Rams +2000
  • Seattle Seahawks +2000
  • Cleveland Browns +2000
  • LA Chargers +2500
  • Miami Dolphins +2500
  • Dallas Cowboys +2800
  • Indianapolis Colts +2800
  • New England Patriots +2800
  • Tennessee Titans +2800
  • Pittsburgh Steelers +3000
  • Minnesota Vikings +3300
  • Arizona Cardinals +5000
  • Atlanta Falcons +5000
  • Chicago Bears +5000
  • Philadelphia Eagles +5000
  • Carolina Panthers +6000
  • Denver Broncos +6000
  • Las Vegas Raiders +6000
  • Washington Commanders +6000
  • Cincinnati Bengals +6600
  • Houston Texans +6600
  • New York Giants +6600
  • Detroit Lions +7500
  • New York Jets +9000

The narrative heading into last year’s Big Game

After getting crushed, 41-16, in Cleveland heading into their bye in Week 10, the Bengals had +6000 odds to win the Super Bowl. That was actually a marked improvement from where they opened the season (+10000) and their odds dropped to +15000 at some books following a Week 2 loss at Chicago.

Joe Burrow led his team to three straight wins to make the playoffs, and the Bengals still opened the postseason as a longshot with +2000 odds entering Wild Card weekend. After beating the Raiders and upsetting the Titans, they were listed as 7.5-point underdogs in Kansas City and their odds were the longest (+750) of the remaining four teams. The Bengals were getting +450 odds to win the Super Bowl with the Chiefs (+125) getting the shortest odds of the remaining teams.

Now the Bengals are underdogs once again with +160 odds on the moneyline to take down the Rams on their home turf. The Rams opened as 4-point favorites with a total hovering around 50 points.

The Rams have been in the mix of favorites for a full year thanks to their trade for Matthew Stafford last winter. LA had odds at +1400 to win the Super Bowl just prior to the start of the regular season. With Stafford looking great out of the gates, their odds dropped to +700 following a Week 3 win over the defending champion Bucs, and they held steady despite a couple of early hiccups.

When the Rams traded for Von Miller and Odell Beckham Jr. ahead of the deadline, their odds dropped to their lowest point (+650) during the regular season. Things didn’t click right away and the Rams dropped three straight games before winning five of their last six to clinch the NFC West.

They entered Wild Card weekend with +850 odds to win it all and were getting +200 odds to get past the 49ers and win the Super Bowl ahead of the NFC Championship game. After overcoming a 10-point fourth quarter deficit against the Niners, the Rams will play in their second Super Bowl in four years. The Rams opened around -200 on the moneyline.

NFL teams by division

We have a detailed review of NFL teams classified by division, making it easy to find Super Bowl odds and futures by team.

Division    
AFC EastBuffalo BillsMiami DolphinsNew England PatriotsNew York Jets
AFC NorthBaltimore RavensCincinnati BengalsCleveland BrownsPittsburgh Steelers
AFC SouthHouston TexansIndianapolis ColtsJacksonville JaguarsTennessee Titans
AFC WestDenver BroncosKansas City ChiefsLos Angeles ChargersLas Vegas Raiders
NFC EastDallas CowboysNew York GiantsPhiladelphia EaglesWashington Football Team
NFC NorthChicago BearsDetroit LionsMinnesota VikingsGreen Bay Packers
NFC SouthAtlanta FalconsCarolina PanthersNew Orleans SaintsTampa Bay Bucs
NFC WestArizona CardinalsLos Angeles RamsSan Francisco 49ersSeattle Seahawks

How to bet Super Bowl futures

How Super Bowl odds will appear

Super Bowl odds appear in different ways at different sportsbooks. At most US sports betting outlets they will appear as such:

Super Bowl odds to win

  • Chiefs (+750)
  • Buccaneers (+750)
  • Rams (+1000)
  • Cowboys (+1400)
  • 49ers (+1400)
  • Bengals (+1400)

You may also see Super Bowl odds appear like this:

Super Bowl LVI odds 

  • Chiefs (21/4)
  • Buccaneers (13/2)
  • Bills (13/1)
  • Ravens (14/1)
  • Rams (15/1)
  • Browns (18/1)

Futures bets

Futures bets are a great way for diehard sports fans to get themselves a little more involved in the upcoming success of their favorite teams and/or players. They can also be a good way for the maligned hometown fan to shift focus a little bit and worry more about the success (or failure) of rival teams.

Fans can put their prediction skills to the test by placing wagers on things such as the Super Bowl LVI champion, division and conference winners, win totals for each team, and individual player awards such as MVP and Offensive and Defensive Rookies of the Year.

Additionally, many books offer over/under lines on certain yardage or touchdown numbers for specific players or head-to-head options between two stars of a shared position. These are often referred to as “specials.”

Odds on certain futures will often be updated throughout the offseason as players change teams or suffer injuries. Once the season starts, odds can change wildly based on injuries, and fast or slow starts with bettors having to know the difference between pretenders and contenders.

There’s nothing like placing a wager on a longshot early in the offseason and watching the year play out in their, and your, favor. It can be ill-advised to bet on a favorite in the offseason with so much time for things to go against them.

All online sportsbooks come in slightly different layouts, but futures sections are typically in the same general area.

Simply click the “NFL” or “Pro Football” tab on your book of choice. The default screen is generally the Week 1 schedule with all 16 games listed, but in a dropdown menu or separate menu bar, there should be several other options, including futures and specials.

Peruse these sections at your whim, looking for the teams, players, or odds which matter most to you. A wager such as Super Bowl Champions or MVP will have money options listed, whether it be all 32 teams or 30-50 of the league’s biggest stars. Each option will have odds listed next to it.

Betting Super Bowl odds on the Kansas City Chiefs to repeat as champions at +550 means a $100 wager returns $550. A safer bet such as the Chiefs to win the AFC West comes with diminished -500 odds.

Win totals and player specials typically come in the form of over/unders on a number set by the sportsbook. Each side of the bet will have odds for any result coming in above or below the line.

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Best Super Bowl bets

Super Bowl point spread

Betting the Super Bowl point spread will be one of the most popular methods of placing a wager on Super Bowl LVI. The point spread is the projected margin of victory set by oddsmakers for the favored team. If a bettor wagers on the favorite to “cover” the point spread, the favorite must not only emerge victorious, but must do so by more than the point spread for the bet to be a winner. If the favorite wins the game but does so by less than the spread – or if it loses the game altogether – the bettor will have lost his/her money wagered.

Super Bowl moneyline

A moneyline wager is a bet on which team will win the game outright, regardless of margin. A moneyline wager is essentially the same type of bet that has been placed among family and friends for decades. When placed with a sportsbook, a moneyline wager pays winning bets based on the odds attached to the wager.

For example, a moneyline wager on the favorite may carry odds of “-110”, meaning a bettor wins $100 for every $110 wagered. Conversely, a moneyline wager on the underdog may carry odds of “+112”, meaning a bettor wins $112 for every $100 bet.

Super Bowl total (over/under)

An over under wager is one that hinges on whether the bettor correctly bet the game’s combined final score would finish over or under the number projected by the sportsbook at the time of the wager. For example, say Super Bowl odds carry a projected total of 49 points. If one wagers the “under” on that figure and the game finishes with a 30-21 final score, the bet is a losing one, since the combined total of that score is 51 points. However, if the game instead finishes 24-21 – a combined score of 45 – then that bet would be a winner.

Super Bowl player prop bets

Player Prop bets are wagers that are based on whether the individual player that’s the subject of the bet falls short of or exceeds certain statistical benchmarks. Sportsbooks typically offer an extensive array of such bets for an event of the magnitude of the Super Bowl. Player prop bets are based on the statistics usually accrued by players at different positions.

A prop bet for a quarterback would be whether the player throws for less or more than 250 yards in the game, for example. For a running back, an example would be whether the player receivers less or more than 20 carries. As for a receiver, an available prop wager could be based on whether the player falls below or exceeds a certain number of receptions during the game.

Even non-skill position players such as kickers or even an entire defensive unit can be the subject of prop bets. A standard prop bet for a kicker could be based on whether the player will successfully hit more or less than a certain number of field goals, or whether they will miss an extra point. For a defense, prop bets could be based on whether that unit will give up a certain amount of points, or whether it will score a touchdown on an interception or fumble return.

Player prop bets are most often graded on full-game statistics, but there are also prop bets that are based on statistics accrued during a specific quarter or specific half of a game.

Exotic Super Bowl prop bets

Prop bets for major events such as a Super Bowl can also center on outcomes that aren’t based on traditional in-game statistics. For example, a prop bet can be placed on whether the game-opening coin toss comes up as heads or tails or which team will win the toss; the color of the Gatorade that is dumped on the winning team’s coach; and what the jersey number of one of the players who scores during the game might be.

There are even prop wagers based on the two flagship non-sports events associated with the game – the National Anthem and the halftime show. Bettors can place wagers on contingencies such as the length of time of the National Anthem, whether the performer will omit a word, whether a certain celebrity will make an unexpected appearance during the halftime festivities or how many songs will be performed by the halftime act.

Betting on Super Bowl MVP

The most prestigious individual Super Bowl-related award is that of Most Valuable Player. While any player is technically eligible for the distinction, the best odds by and far lie with the quarterback position, which has taken home 31 of the 55 MVP awards in Super Bowl history. Five quarterbacks have won the MVP award on multiple occasions. The Patriots’ Tom Brady leads the way with five. The 49ers’ Joe Montana follows with three. Meanwhile, the Packers’ Bart Starr, the Steelers’ Terry Bradshaw and the Giants’ Eli Manning each garnered two apiece.

Even when a future Hall of Famer like Brady is on the winning side, it’s important to remember there is no such thing as a surefire bet. In the Patriots’ win over the Rams in February of 2019, receiver Julian Edelman earned MVP honors with a 10-reception, 141-yard tally.

Alternate Lines for the Super Bowl

Alternate lines are those offered by sportsbooks as secondary options to the official point spread that has been set. These lines feature an extensive array of different point spreads for both the favorite and underdog side of the game. These lines typically begin at points well above the number associated with each team in the official game line and range well into the other side of the bet, i.e. allowing for a heavy favorite to be bet as a heavy underdog and vice versa.

To cite an example from this past season’s Chiefs – Bucs Super Bowl matchup, Kansas City entered the game as 3-point favorites at many sportsbooks. Alternate lines offered could have included a wagering opportunity on the Chiefs as seven-point favorites instead. Moreover, that bet would have included a very favorable “price” – the preset ratio at which the bet would pay out – due to the much lower probability of the Chiefs not only winning, but winning by more than a touchdown.

Super Bowl live betting

Live betting offers bettors the opportunity to place wagers on the point spread, moneyline or projected total of a game as odds on each fluctuate depending on the flow of a game. With a live betting option, a bettor doesn’t have to be locked into just the wagers they placed prior to the start of the game or at halftime. Rather, if, for example, the favored team unexpectedly falls behind by a two-touchdown margin in the first half, the bettor can hedge his original wager by investing in a new line with odds that reflect how the game is unfolding.

Super Bowl teasers

A teaser bet is based on multiple games and enables the bettor to adjust the official point spread anywhere between four and 10 points, depending on sport. For football, the allowable range if six, 6.5 or seven points. For a teaser bet to pay out, each leg of the wager must be a winner.

An example of a teaser bet would be as follows:

  • The Chiefs are teased from 7.5-point favorites over the Titans down to 1.5-favorites (six-point tease)
  • The 49ers are also teased from 7.5-point favorites over the Packers to 1.5-point favorites

If both Kansas City and San Francisco win their games by at least two points, respectively, the teaser bet is a winner. The appeal of teaser bets is the ability to manipulate the spread, and in the process, significantly increase the odds of the wager being successful.

Best Super Bowl betting sites and bonuses

Legal sports betting is progressively expanding across the United States.

Bettors should particularly be aware of these sportsbooks, which all have Super Bowl odds posted:

DraftKings Sportsbook — Available in NY, NJ, PA, IN, NH, MI, VA, IA, CO, WV, TN, AZ and IL
FanDuel Sportsbook — Available in NY, NJ, PA, IN, MI, VA, CO, WV, TN, AZ and IL
BetMGM — Available in NJ, IN, CO, TN, MI, VA, PA, IA, AZ and WV

All three sportsbooks will have a wide selection of special offers and promotions for Super Bowl LV aimed at both first-time and existing customers.

Super Bowl betting tips and strategies

Line shopping and getting the best number

With any purchase, shopping for the best price is advisable. Sports betting is no different. The “prices” associated with sports betting are the odds attached to each wager that determine the payout if the bet is a winner. Other sportsbook-to-sportsbook variables that are important for a better to also be conscious of include possible differences in the point spread and projected total posted for a particular game.

The original lines set by oddsmakers when a game is first posted can often be the “sharpest”, i.e. most difficult to consistently beat over time. Therefore, the biggest edge can often come from waiting things out and seeing what way the betting public’s wagers move a point spread as a game draws closer. Factors such as faulty “groupthink” can sometimes alter a team’s projected advantage to the extent it creates a tangible edge for a sharp bettor.

One caveat about the Super Bowl is that no one NFL game sees its line affected more by “sharp money.” Therefore, line movement for this particular game is often the byproduct of bets placed based on an effective process more than any other during the season.

Fading the public

The strategy of betting against the most popular side of a bet can pay off on occasion. It is not a strategy that’s necessarily advisable to be utilized with great frequency, however. There are certain instances when the general public’s infatuation with a certain team’s reputation (or in some cases, even certain superstar players such as Patrick Mahomes) can lead to a notable amount of money being wagered on that team. The line, in turn, could move to a point where a team is favored by an increasingly unrealistic amount of points.

By “fading the public” in such an instance, a bettor could exploit the situation and place a winning bet on the underdog to slide in under the spread. The same could hold true for a projected total that gets bet up to a certain level due to the offensive reputations of one or both of the teams.

Using advanced metrics

While many bettors likely put only a modest amount of what could accurately be termed “research” before placing a wager, there’s certainly no shortage of metrics available to be evaluated for those who wish to avail themselves. For team-based wagers such as moneylines, point spreads and projected totals, bettors can review the history of each team’s performance in each category.

However, where advanced metrics can be particularly helpful is when making individual- or team-based prop wagers. Statistical trends can certainly help a bettor make an informed decision on whether a certain receiver is likely to exceed a certain amount of catches versus a certain opponent’s defense, for example. The same could apply to countless other such prop wagers, such as a quarterback reaching the 300-yard threshold and a running back eclipsing the 100-yard mark, to cite just two other examples.

A good example from a recent Super Bowl was the matchup between the Chiefs and 49ers, involving San Francisco star tight end George Kittle. Say a sportsbook offered a prop wager on Kittle making over/under five catches. A bettor evaluating this wager might have gone with the Over when considering Kansas City faced the second-most tight end targets (141) in the league last season and tied for the third-most catches (96) allowed to the position. Kittle finished the game with four catches, just slightly under the number – a win for Under bettors.

Middling

“Middling” a game is defined as a bettor placing wagers on both sides of the contest. Football is considered the most popular sport to utilize this strategy. Because it involves placing more than one wager on a game, middling can be a strategy that’s rarely used by novice bettors. However, it ironically helps mitigate the risk involved by significantly upping the chances of one of the two bets being a winner.

Middling is typically made possible when there is notable line movement on a game within a week. Using an example from the Super Bowl LV Chiefs-Bucs matchup, hypothetically, say Kansas City opened up as a three-point favorite. A bettor initially places a wager on this line, but over the course of the two weeks, the line is bet up even further to a seven-point projected advantage for KC. That same bettor then places a bet on the Bucs +7, i.e. San Francisco to lose by six points or less or win outright.

In this example, the bettor is a winner on both bets if either:

  • The Chiefs win by four points or more.
  • The Bucs lose by six points or less or win outright.

Taking advantage of free bets and promotions

Legal, regulated sportsbooks typically offer a variety of enticing promotions, for both first-time and existing customers. Those offers are even more prominent for an event the magnitude of the Super Bowl. Bettors should therefore be on the lookout for such offers as soon as the participants for Super Bowl LIV are decided in this coming weekend’s conference championship games.

Examples of special offers and promotions include:

  • Risk free bets up to a certain amount. This year, DraftKings Sportsbook offering first-time depositors up to $500 worth of risk-free bets on the game by matching a first bet up to $500. New accounts will also get $25 in free bets just for signing up — no deposit necessary!
  • Special odds boosts on certain wagers.
  • A variety of potential special offers involving prop bets, parlays, teasers and other bet types.

Which US states allow betting on the Super Bowl?

Those physically located within a total of 18 states will have the option of placing wagers on Super Bowl LV at a legal, regulated sportsbook. Of those jurisdictions, eight of them offer bettors the option of placing a bet through either a sportsbook’s website/mobile wagering app or its physical retail location. Another five currently only allow wagering at physical sportsbooks.

By Super Bowl LVI in February 2022, several more states should have legal sports betting options available. That number is expected to increase based on a certain amount of sports betting bills across the country gaining passage during 2021.

The following states already offer legal online sports betting options:

StateLaw Passed?Launch DateMobile Launch
Arizona Sports BettingYesSeptember 2021September 2021
Arkansas Sports BettingYesJuly 2019NA
Colorado Sports BettingYesMay 2020May 2020
Connecticut Sports BettingYes*September 2021October 2021
Delaware Sports BettingYesJune 2018Pending
Florida Sports BettingYes*PendingPending
Illinois Sports BettingYesMarch 2020August 2020
Indiana Sports BettingYesSeptember 2019October 2019
Iowa Sports BettingYesAugust 2019August 2019
Louisiana Sports BettingYesOctober 2021January 2022
Maryland Sports BettingYesPendingPending
Michigan Sports BettingYesMarch 2020January 2021
Mississippi Sports BettingYesAugust 2018September 2021
Montana Sports BettingYesMarch 2020March 2020
Nevada Sports BettingYes19492010
New Hampshire Sports BettingYesAugust 2020December 2019
New Jersey Sports BettingYesJune 2018August 2018
New Mexico Sports BettingNo*October 2018NA
New York Sports BettingYesJuly 2019January 2022
North Carolina Sports BettingYesMarch 2021NA
Oregon Sports BettingNo*August 2019October 2019
Pennsylvania Sports BettingYesNovember 2018May 2019
Rhode Island Sports BettingYesNovember 2018September 2019
South Dakota Sports BettingYesSeptember 2021NA
Tennessee Sports BettingYesNovember 2020November 2020
Virginia Sports BettingYesJanuary 2021January 2021
Washington, D.C. Sports BettingYesMay 2020August 2020
Washington Sports BettingYesSeptember 2021NA
West Virginia Sports BettingYesAugust 2018August 2019
Wyoming Sports BettingYesSeptember 2021September 2021

The above list will be growing longer before too long. An additional four states have passed legislation to offer retail or sports betting online, but the official launch is still pending.

The following states currently only offer retail sports betting options:

Arkansas
Delaware
Mississippi
New Mexico

How much money is wagered on the Super Bowl?

The Super Bowl is annually the most lucrative single-event sports betting opportunity. It is estimated that around $500 million was bet on last year’s Super Bowl between the Kansas City Chiefs and Tampa Bay Buccaneers.

At many sportsbooks, proposition bets constitute more than half of the wagers and amount placed for the Super Bowl. With the ongoing expansion of legalized, regulated sports wagering across the United States, the total “handle” – the cumulative amount wagered on the game – should continue to edge upward for several years based solely on the increase in legal betting opportunities for sports fans.

Favorite to win NFL title

The Chiefs opened as the favorites for 2022 at most major sportsbooks. KC was (+500) by the Super Bowl odds at FanDuel Sportsbook on the Monday after Super Bowl LV. The NFL season is now down to just two teams and the LA Rams are the new favorites at -200.