Super Bowl Betting and Odds

Last Updated: April 16, 2024 7:17 pm

What is Super Bowl Betting?

Super Bowl betting involves placing wagers on various outcomes associated with the Super Bowl, the National Football League’s championship game. Common bets include picking the winner, the points spread, and the total points scored, along with numerous prop bets concerning specific game occurrences.

Super Bowl Betting and Odds

Moneyline Chiefs: / Moneyline 49ers:

Spread Chiefs: / Spread 49ers:

Over/Under

How Super Bowl Odds are Determined

Odds for the Super Bowl are set by bookmakers based on each team’s performance throughout the season, their path to the Super Bowl, player injuries, and public wagering patterns. Odds are initially released well before the two final teams are decided and are adjusted as conditions change.

Odds

Props

For many football fans, the Super Bowl is easily one of the most exciting days of the entire year. It’s when the best American and National football conference teams clash in the NFL’s national championship game.

The Super Bowl is one of the most bet-on events in the history of the industry. In 2020 alone, fans wagered over $6 billion on just the Super Bowl.

Here at KRUZEY, our experts will provide you only the best Super Bowl free picks for the biggest day of the year.

Instead of spending countless hours researching the perfect Super Bowl wager, we do the hard work for you and provide you with in-depth statistics and data on each of our free picks.

Take advantage of this Super Bowl betting experience and ride with the KRUZEY crew. 

Interested in NFL picks? Check out our best free NFL picks here.

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Super Bowl Betting FAQs

What types of bets can I place on the Super Bowl?

Bets on the Super Bowl can range from simple outcomes, such as which team will win (moneyline) or whether the score will be over or under a certain point total (over/under), to complex game-specific occurrences (prop bets) like which player will score the first touchdown.

Can I place live bets during the Super Bowl?

Yes, most sportsbooks offer live betting during the Super Bowl, which allows you to place bets as the game unfolds. The odds for live betting change dynamically based on what happens during the game.

What should I consider when placing Super Bowl bets?

Consider key factors such as team form, head-to-head results, player injuries, weather conditions, and even halftime performances that might affect the game dynamics. It’s also wise to consider the betting margins and odds offered by different bookmakers.

How do I read and understand Super Bowl betting odds?

Super Bowl betting odds can be presented in American (-120), Decimal (1.83), or Fractional (5/6) styles. Negative American odds indicate how much you need to bet to win $100, while positive numbers show how much you’d win from a $100 bet. Understanding these formats is crucial for making informed bets.

What are common mistakes to avoid in Super Bowl betting?

Avoid common betting pitfalls such as betting beyond your means, placing wagers based on personal bias rather than data, ignoring changing conditions like player injuries, and failing to shop around for the best odds.

How can I start betting on the Super Bowl?

To start betting on the Super Bowl, select a reputable licensed sportsbook, make a deposit, and begin exploring the types of bets available. Many sportsbooks also offer bonuses or promotions specific to the Super Bowl.

Are winnings from Super Bowl betting taxable?

Yes, like all gambling winnings, profits from Super Bowl betting are taxable income. You should report your winnings on your tax return and also keep track of your betting activity, as you may also deduct losses.