Wagering on who will win the Lombardi Trophy months in advance can have its benefits. The Tampa Bay Buccaneers, for instance, had Super Bowl odds of +1200 at most sportsbooks last off-season. A $20 bet at that number last summer would have netted you $240.
The challenge, of course, when betting on who will win the Super Bowl is in selecting the right team. Here we will look at the 2022 Super Bowl odds for all 32 teams, breakdown their chances, and look at NFL futures betting strategy. Super Bowl 56 will officially kick off Sunday, Feb. 13 at 6:30 p.m. ET in Inglewood, California. The game will be televised through broadcast television on NBC. Game odds for the 56th Super Bowl will be posted at top sportsbooks following the conclusion of the AFC and NFC title games on Jan. 30, 2022.
Super Bowl odds 2022
Here is an updated look at Super Bowl odds from the top US sportsbooks. The Chiefs check in as the favorites with +450 odds at most books. The Buccaneers at +500, the Bills at +1000, the Rams at +1000 and the 49ers at +1200 are also near the top of boards.
Super Bowl 56 Futures Report (Updated Sept. 20)
The current Super Bowl odds for 2022 listed below are the best available from the top US sportsbooks.
Kansas City Chiefs (): A narrow loss at Baltimore did little to affect the Chiefs’ Super Bowl odds as they remain the favorites at most books. Patrick Mahomes has shown why he’s the most dangerous man in the game to bet against.
Tampa Bay Buccaneers (): Tom Brady has thrown an NFL-best 9 TDs through 2 games and seems to just be scratching the surface in a star-studded offense that has an abundance of weapons. Tampa’s banged up secondary has played well so far, and faces a tougher test next week at the Rams.
Buffalo Bills (): After dropping their home opener against the Steelers, the Bills feasted on the Dolphins in Miami to re-assert their dominance in the AFC East.
Los Angeles Rams (): It wasn’t perfect, but Matthew Stafford and Cooper Kupp produced chunk plays when it mattered most to facilitate a 27-24 win at Indianapolis. Stafford is averaging an impressive 10.7 yards per attempt so far in Sean McVay’s offense.
San Francisco 49ers (): The Niners are 2-0 but are banged up already. Raheem Mostert (knee) is done for the year and his three backups (Elijah Mitchell, Trey Sermon, JaMycal Hasty) all suffered injuries in a narrow win at Philadelphia. Linebacker Dre Greenlaw and CB Emmanuel Moseley are also hurt.
Baltimore Ravens (): Even with an entirely new rotation of RBs, the Ravens have proven that they can run the ball on anybody. However, their defense is not at its typical level and Lamar Jackson has yet to prove that he can consistently complete passes from the pocket.
Cleveland Browns (): The Browns could be without both Jarvis Landry (knee) and Odell Beckham Jr. (knee) over the next few weeks. Their elite rushing attack could carry them through that tough stretch, but they’ll need a downfield threat by the time the playoffs roll around.
The contenders
Green Bay Packers (): The Packers were briefly taken off the board at DraftKings following their worst loss (38-3) since 2006. Aaron Rodgers has rallied his team after rough starts in season pasts, but faces an uphill battle to get his teammates to buy into a “last dance” narrative considering he’s basically confirmed he’ll leave the team after this season.
Seattle Seahawks (): Russell Wilson has been strong under new OC Shane Waldron so far, although the Seahawks offense was unable to get clutch first downs when it mattered most and their defense couldn’t stop Derrick Henry in a 33-30 overtime loss.
Denver Broncos (): Teddy Bridgewater has the Broncos offense humming and their defense is among the best in the NFL. Expectations should still be tempered given their level of competition thus far, and the fact that they play in the AFC’s best division.
New Orleans Saints (): With top CB Marshon Lattimore (thumb) out and 8 coaches missing due to COVID protocols, the Saints did a complete 180 after their blowout win over the Packers in Week 1.
Dallas Cowboys (): By virtue of a 20-17 win at SoFi Stadium, the Cowboys proved that they can win low-scoring games too, not just shootouts. That type of versatility is a prerequisite for postseason success in the NFL.
Arizona Cardinals (): Luck has played a role in Arizona’s 2-0 start, yet so has the spectacular play of MVP candidate Kyler Murray at the helm of an explosive passing attack.
Tennessee Titans (): The Titans saw their odds drop from +2500 to +3500 at DraftKings after getting blown out by the Cardinals in Week 1, and oddsmakers aren’t budging on their Super Bowl prospects despite their impressive comeback to win in Seattle.
The Underdogs
Los Angeles Chargers (): Justin Herbert made a few more spectacular throws, but was unable to produce a TD in the second half and threw the first red zone interception of his career in a narrow loss to the Cowboys.
New England Patriots ():: The Patriots defense dominated a rookie QB and Mac Jones played more turnover-free football to facilitate a road win. Their conservative offense might not be able to match the more explosive teams in the AFC.
Miami Dolphins (): After getting gift wrapped a win in Foxboro last week, the Dolphins fell apart in a 35-0 home loss to Buffalo, and lost Tua Tagovailoa (ribs) in the process.
Pittsburgh Steelers (): The same issues that marred Pittsburgh’s second-half collapse last season are still present in a one-dimensional offensive attack. And now the Steelers defense is diminished with T.J. Watt, Devin Bush, and Joe Haden all banged up.
Las Vegas Raiders (): Consistency has not been a hallmark for the Raiders in the Jon Gruden era. Yet they’re off to a stellar start with a league-best offense that produced wins over the Ravens and Steelers.
The Longshots
Indianapolis Colts (): The Colts defense has struggled against the Seahawks and Rams due in no small part to the absence of top CB Xavier Rhodes (hamstring). Now Carson Wentz (ankle) is banged up and their offense isn’t going to inspire much fear if Jacob Eason is starting.
Minnesota Vikings (): The Vikings offense was spectacular in Arizona this Sunday and their fan base filled the stadium to give the game a true shootout field. In the end, this franchise suffered yet another missed FG that could have changed its fortunes.
Carolina Panthers (): Christian McCaffrey has already handled 59 touches through 2 weeks of a 17-game season. If he can hold up under that workload, the Panthers could be a factor in the NFC.
Philadelphia Eagles (): Jalen Hurts has taken a step forward as a passer and he’s flashed some of the best scrambling ability of any QB in the league. The Eagles defense also looks markedly improved this year under new HC Nick Sirianni.
Washington Football Team (): Taylor Heinicke (34-for-46, 334 yards, 2 TD, INT) brought the energy while leading his team to a narrow 30-29 win over the Giants last Thursday. It’s his show for as long as Ryan Fitzpatrick (hip) remains out.
Chicago Bears (): Justin Fields got into the action after Andy Dalton injured his ankle, and the rookie promptly threw a Pick Six that could have cost his team their home opener. Fields is a remarkable dual-threat talent, but there may be some growing pains in his first season.
New York Giants (): Daniel Jones flashed his athleticism and Saquon Barkley moved one step closer towards regaining his form last Thursday, but the Giants have started 0-2 for the 5th consecutive season.
Cincinnati Bengals (): The Bengals defense has been impressive this season, especially against the run. Joe Burrow tossed 3 costly picks in Chicago and Cincy has little chance to make the playoffs given the quality of the other 3 teams in their division.
New York Jets (): Zach Wilson got taken to Sunday School by Bill Belichick and the Patriots defense in Week 2. Robert Saleh may take a more conservative approach with the rookie QB moving forward.
Atlanta Falcons (): The Falcons defense, which looked much better under interim HC Raheem Morris last season, showed almost no resistance in a loss at Tampa Bay.
Houston Texans (): Tyrod Taylor had Houston’s offense rolling before he pulled his hamstring and had to depart Sunday’s loss at Cleveland.
Detroit Lions (): Jared Goff and the Lions offense engineered an impressive late comeback to scare the 49ers. We’ll see if they can keep pace with the Packers in Green Bay.
Jacksonville Jaguars (): The Jags have lost 18 straight games and Trevor Lawrence has the worst completion rate (50%) of any starter so far this season.
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.
Super Bowl odds 2022: Opening odds vs. current
Super Bowl odds shown below are from DraftKings Sportsbook. The usual suspects are littered all over the top of the odds boards when it comes to Super Bowl futures for next year.
Kansas City (+500), the Buccaneers (+600) and Bills (+1000) – three of this past season’s four NFL finalists – have the lowest odds to win it all in 2022 at DraftKings Sportsbook.
DraftKings Sportsbook posted its initial 2022 Super Bowl futures just prior to the 2020-21 AFC and NFC Championship games. The Super Bowl odds for all of the teams have all changed somewhat over the past six months. Here are the futures from then, and now.
- Chiefs were +600 for 2022, now +450
- Buccaneers were +1300, now +500
- Packers were +800, now +1400
- Bills were +1100 and are at +1000
| Team | Opening odds | Current odds |
|---|---|---|
| Kansas City Chiefs | +600 | +450 |
| Green Bay Packers | +800 | +1400 |
| Buffalo Bills | +1100 | +1000 |
| Baltimore Ravens | +1200 | +1400 |
| Tampa Bay Buccaneers | +1300 | +500 |
| New Orleans Saints | +1500 | +3000 |
| San Francisco 49ers | +1500 | +1200 |
| LA Rams | +2000 | +1000 |
| Seattle Seahawks | +2000 | +2000 |
| Cleveland Browns | +2000 | +1600 |
| LA Chargers | +2500 | +3500 |
| Miami Dolphins | +2500 | +4000 |
| Dallas Cowboys | +2800 | +3500 |
| Indianapolis Colts | +2800 | +5000 |
| New England Patriots | +2800 | +3500 |
| Tennessee Titans | +2800 | +3500 |
| Pittsburgh Steelers | +3000 | +5000 |
| Minnesota Vikings | +3300 | +5000 |
| Arizona Cardinals | +5000 | +3500 |
| Atlanta Falcons | +5000 | +20000 |
| Chicago Bears | +5000 | +10000 |
| Philadelphia Eagles | +5000 | +6500 |
| Carolina Panthers | +6000 | +5000 |
| Denver Broncos | +6000 | +2500 |
| Las Vegas Raiders | +6000 | +5000 |
| Washington Football Team | +6000 | +6500 |
| Cincinnati Bengals | +6600 | +15000 |
| Houston Texans | +6600 | +20000 |
| New York Giants | +6600 | +10000 |
| Detroit Lions | +7500 | +35000 |
| New York Jets | +9000 | +15000 |
| Jacksonville Jaguars | +10000 | +35000 |
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 +525
- Buccaneers +650
- Bills +1300
- Ravens +1400
- Rams +1400
- 49ers +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 14/1
- 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.
Where to bet Super Bowl 2022
Best Super Bowl bets
Super Bowl point spread
The 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.
For example, a prop bet for a quarterback would be whether the player throws for less or more than 250 yards in the game. For a running back, an example would be whether the player receivers less or more than 20 carries. 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 29 of the 54 MVP awards in Super Bowl history. That outpaces the next closest positions – wide receiver and running back – by 22. 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 NJ, PA, IN, NH, MI, VA, IA, CO, WV, TN and IL
FanDuel Sportsbook — Available in NJ, PA, IN, MI, VA, CO, WV, TN and IL
BetMGM — Available in NJ, IN, CO, TN, MI, VA, PA, IA 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 Brady) 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:
| State | Law Passed? | Launch Date | Mobile Launch |
|---|---|---|---|
| Arizona Sports Betting | Yes | September 2021 | September 2021 |
| Arkansas Sports Betting | Yes | July 2019 | NA |
| Colorado Sports Betting | Yes | May 2020 | May 2020 |
| Connecticut Sports Betting | Yes* | Pending | Pending |
| Delaware Sports Betting | Yes | June 2018 | Pending |
| Florida Sports Betting | Yes* | Pending | Pending |
| Illinois Sports Betting | Yes | March 2020 | August 2020 |
| Indiana Sports Betting | Yes | September 2019 | October 2019 |
| Iowa Sports Betting | Yes | August 2019 | August 2019 |
| Maryland Sports Betting | Yes | Pending | Pending |
| Michigan Sports Betting | Yes | March 2020 | January 2021 |
| Mississippi Sports Betting | Yes | August 2018 | August 2018 |
| Montana Sports Betting | Yes | March 2020 | March 2020 |
| New Hampshire Sports Betting | Yes | August 2020 | December 2019 |
| New Jersey Sports Betting | Yes | June 2018 | August 2018 |
| New Mexico Sports Betting | No* | October 2018 | NA |
| Nevada Sports Betting | Yes | 1949 | 2010 |
| New York Sports Betting | Yes | July 2019 | Pending |
| North Carolina Sports Betting | Yes | March 2021 | NA |
| Oregon Sports Betting | No* | August 2019 | October 2019 |
| Pennsylvania Sports Betting | Yes | November 2018 | May 2019 |
| Rhode Island Sports Betting | Yes | November 2018 | September 2019 |
| South Dakota Sports Betting | Yes | Pending | NA |
| Tennessee Sports Betting | Yes | November 2020 | November 2020 |
| Virginia Sports Betting | Yes | January 2021 | January 2021 |
| Washington, D.C. Sports Betting | Yes | May 2020 | August 2020 |
| West Virginia Sports Betting | Yes | August 2018 | August 2019 |
| Wyoming Sports Betting | Yes | September 2021 | September 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
New York
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 this past 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 Super Bowl 56
The Kansas City Chiefs opened as the favorites for the 2021-22 season at most major sportsbooks. KC was +500 by the Super Bowl 2022 odds at FanDuel Sportsbook on the Monday after Super Bowl LV. The Chiefs were +500 in early September.