The start of December signifies crunch time in the NFL regular season, with the Super Bowl just over two months away. Teams across the league are currently jockeying to get a spot in the postseason, and ultimately a berth in the Big Game in February. Super Bowl odds are available to bet on below, with the Buccaneers (+500) as the current Super Bowl favorites. The Chiefs (+700) and Packers (+750) are also near the top of boards. Odds to win the Super Bowl change week-to-week based on the outcomes of games, injuries to key players, and other factors. So be sure to check back here regularly for updated futures and we will also have the NFL Super Bowl betting line for the game itself once the 2022 pro football finalists are decided.
Super Bowl odds
Here is a look at updated Super Bowl odds from the top US sportsbooks. Shop for the best prices and click to bet below.
Super Bowl 56 Futures Report (Updated November 30)
Below are updated Super Bowl odds along with the latest on each NFL team.
Tampa Bay Buccaneers (): With Vita Vea (knee) active, the Bucs defensive front was up to the challenge against league-leading rusher Jonathan Taylor and the Colts. Tampa turned in a total team win with Tom Brady managing the game, and the Bucs passing offense should only improve when Antonio Brown (ankle) gets back and several other key players get healthy.
Kansas City Chiefs (): The Chiefs won four straight games headed into a bye with their defense yielding just 11.3 PPG against some dangerous opponents. Patrick Mahomes has committed 14 turnovers during a rough season for a KC offense that is bound to turn the corner eventually.
Buffalo Bills (): The Bills have alternated between three bad losses and three impressive wins heading into a crucial MNF matchup with the first-place Patriots. Their defense takes a major hit without elite CB Tre’Davious White (ACL) the rest of the way.
Green Bay Packers (): While Aaron Rodgers has been able to battle through a broken toe and silence his critics with elite play in recent weeks, it’s fair to wonder how his lack of mobility might impact Green Bay’s offense down the stretch.
Arizona Cardinals (): The Cardinals continued to prove that they’re a complete team by going 2-1 without Kyler Murray (ankle) and DeAndre Hopkins (hamstring) heading into their bye week. They have an easy draw at Chicago next week before hosting the Rams.
New England Patriots (): Facing another shorthanded opponent, the Patriots dominated the Titans for a sixth straight win. Matthew Judon leads a fierce front seven with J.C. Jackson and Jalen Mills shutting down the back end. If Mac Jones plays mistake-free football, New England should continue to be a force.
Dallas Cowboys (): With LT Tyron Smith (ankle) back in the lineup, the Cowboys hung 33 points at home, but Dan Quinn’s defense turned in one of its worst performances in a narrow loss to the Raiders. Amari Cooper (COVID) is expected to return on Thursday night against the Saints but the Cowboys are dealing with another COVID outbreak.
Los Angeles Rams (): Sean McVay called incorporating Odell Beckham Jr. a “work in progress” and that pretty much sums up the Rams on both sides of the ball right now. Arguably the best NFL team on paper, they’ll have to get back to basics after getting dominated in three straight losses.
Baltimore Ravens (): In their last three games, the Ravens have a pair of narrow wins and an ugly loss in Miami. Lamar Jackson has committed 15 turnovers this season and Baltimore’s injury-riddled secondary is coughing up the second-most passing YPG (275.7) but they’re still atop the AFC North.
Tennessee Titans (): Mike Vrabel’s squad was able to keep rolling for a couple of weeks after losing Derrick Henry (foot), but has looked rather toothless in consecutive defeats to the Texans and Patriots. Their defense depends on a reliable rushing attack to play complementary football.
Cincinnati Bengals (): Joe Burrow tossed another bad interception, but the Bengals were otherwise perfect in a 41-10 beatdown of the Steelers. Cincy has six teams with records of .500 or better left on the schedule, including a Dec. 26 showdown with Baltimore.
Los Angeles Chargers (): Justin Herbert struggled for the third time in five starts, tossing a pair of costly picks to doom the Chargers in Denver. With a sophomore QB and rookie HC, this team might be a couple years away from becoming a true contender.
San Francisco 49ers (): In 2019, the Niners made a run to the Super Bowl by physically dominating the opposition at the point of attack. They’ve gotten back to that approach by averaging 178.3 rushing YPG over three straight wins.
Indianapolis Colts (): The Colts went toe-to-toe with the defending champs and nearly came away with a win, yet their Super Bowl odds dropped to +5000 at DraftKings because they’re technically trailing three 6-5 AFC West teams in the Wild Card hunt.
Cleveland Browns (): Kareem Hunt (calf, I.R.) returned to provide a modicum of a spark for a dormant offense, but without any real threats in the downfield passing game, the Browns will have trouble threatening defenses.
Minnesota Vikings (): Following yet another close loss (24-16 at San Francisco), the Vikings sit at 5-6 but are still in position for a Wild Card berth, as they hold the tiebreaker over 5-6 New Orleans. The Vikings will be without Dalvin Cook (shoulder) for a few weeks.
Denver Broncos (): Denver’s defense has proven that it can win games with lockdown coverage and an effective pass rush. The Broncos offense is rather pedestrian and Teddy Bridgewater is hurting after taking a number of hits this season.
Philadelphia Eagles (): Right after he steamrolled an excellent Saints defense, Jalen Hurts turned in his worst performance of the year in a 13-7 loss at the Giants. Philly is 0-2 against NFC foes and is falling out of the Wild Card picture.
Las Vegas Raiders (): The Raiders pulled out of their nosedive with a 36-33 win in Dallas on Thanksgiving, creating a three-way tie behind the Chiefs in the AFC West. Vegas hosts Washington next Sunday before traveling to Kansas City on Dec. 12.
New Orleans Saints (): Without Alvin Kamara (MCL), the Saints are scoring just 18.7 PPG and giving up 31.3 PPG while averaging just 25:30 of possession over three straight losses. They hope to get Kamara back this week and plan to start dual-threat Taysom Hill at QB going forward.
Pittsburgh Steelers (): Ben Roethlisberger has struggled to produce behind a shaky offensive line in a one-dimensional offense, and now the Steelers defense has become a sieve with players out or hobbled at all three levels.
Seattle Seahawks (): Russell Wilson (finger) has struggled badly in three straight starts since returning to the lineup and the Seahawks are effectively out of the playoff hunt at 3-8.
Washington Football Team (): Ron Rivera’s club has won three straight to climb back into the Wild Card hunt and the WFT defense continues to improve despite losing Chase Young (ACL) for the season.
Miami Dolphins (): Despite winning four straight behind excellent defense and solid play from Tua Tagovailoa, the Dolphins are falling out of the playoff picture. They could continue their push by beating the Giants and Jets at home in the coming weeks.
New York Giants (): The Giants are re-integrating Saquon Barkley and Kenny Golladay from their respective injuries and continue to struggle offensively, but Joe Judge drew up a game plan to completely stymie Jalen Hurts and the Eagles in Week 12.
Carolina Panthers (): Cam Newton’s hot start with the Panthers evaporated in a tough matchup at Miami and P.J. Walker couldn’t fare much better in relief. Sam Darnold (shoulder) isn’t healthy and Christian McCaffrey (ankle) is done for the year.
Atlanta Falcons (): Matt Ryan has been completely overwhelmed over his past few starts, yet the Falcons remain in the playoff hunt at 5-6.
Chicago Bears (): Andy Dalton did just enough to stop Chicago’s 5-game skid with a 16-14 win over Detroit on Thanksgiving.
Jacksonville Jaguars (): Like most QBs taken No. 1 overall, Trevor Lawrence has been put in a tough position at the helm of a lackluster offense. The former Heisman winner has to get used to losing at this level but does have two wins under his belt.
New York Jets (): Zach Wilson (knee) returned with a very shaky performance against a bad Texans defense, but the Jets were able to use a run-heavy approach to eke out a win.
Detroit Lions (): The Lions are the only winless team in the NFL at 0-10-1 and they continue to find creative ways to lose despite winning the battle up front at times.
Houston Texans (): Tyrod Taylor makes Houston’s offense more dynamic, but he’s not working with much, other than Brandin Cooks, and has no real running game to back him up.
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
Odds to win the Super Bowl prices 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.
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 obviously changed over the past few months. Here are the futures from then, and now.
- Chiefs were (+600) and are now (+750)
- Buccaneers were (+1300) and are currently (+500)
- Packers were (+800) and are now (+750)
- Bills were (+1100) and are currently (+750)
|Team||Opening odds||Current odds|
|Kansas City Chiefs||+600||+700|
|Green Bay Packers||+800||+750|
|Tampa Bay Buccaneers||+1300||+500|
|New Orleans Saints||+1500||+10000|
|San Francisco 49ers||+1500||+4000|
|New England Patriots||+2800||+1000|
|Las Vegas Raiders||+6000||+10000|
|Washington Football Team||+6000||+20000|
|New York Giants||+6600||+50000|
|New York Jets||+9000||+100000|
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 (+550)
- 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 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.
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 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” 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*||September 2021||October 2021|
|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|
|Louisiana Sports Betting||Yes||October 2021||Pending|
|Maryland Sports Betting||Yes||Pending||Pending|
|Michigan Sports Betting||Yes||March 2020||January 2021|
|Mississippi Sports Betting||Yes||August 2018||September 2021|
|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||September 2021||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|
|Washington Sports Betting||Yes||September 2021||NA|
|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:
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 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 Chiefs were (+500) in early September but are no longer in the catbird seat. The Tampa Bay Buccaneers (+500) sit at the top of Super Bowl odds boards.