How To Make A Super Bowl Bet In Vegas

Bet on the Super Bowl 55 Game Total Another extremely popular way to make money betting on Super Bowl 2021 is to bet how many points will be scored in the game. You have two options; bet on the Over, or bet on the Under. This refers to the amount of points going “over” the game total or going “under.”. Super Bowl Odds, 2021 Super Bowl Prop Odds. Super Bowl LV Quarter Bets Expert Analysis; Super Bowl LV Main Props Expert Analysis; Late Super Bowl 55 Betting Preview: Chiefs vs Bucs; Super Bowl LV Halftime Props Expert Analysis; Super Bowl LV 1st Half Props Expert Analysis – NFL Betting; NFL Super Bowl LV Props Bets That You Could Bet On.

See All Guides

Looking for the easiest Super Bowl 55 bets? You’ve come to the right place.

Betting on the Super Bowl is one of the best places to begin betting on football. There are many different types of wagers available, making it a great opportunity to get the lay of the full betting landscape with a single event.

We won’t let you wander into the football betting wilderness alone, of course. We’ve developed this handy Super Bowl betting guide to help you get acquainted with NFL betting odds, generally, and lay some simple wagers on Super Bowl 55.

Patrick Mahomes and the Kansas City Chiefs will take on Tom Brady and the Tampa Bay Buccaneers at the Raymond James Stadium in Tampa Bay on February 7, 2021. Now that the match-up is set, we can use some concrete examples to make things clearer.

But first things first. Let’s start with some classification.

Types of Bets

Every football bet can be classified in one of three categories: moneyline, against the spread, and over/under.

1. Moneyline Betting

Betting on the moneyline is the easiest Super Bowl bet you can make. Quite simply, you bet on which team will win the game “straight up.” You don’t have to worry about margin of victory. If the team you bet on wins, you win your bet!

Current Super Bowl 55 Moneyline Odds

You might be saying to yourself: “That’s very simple. Why doesn’t everyone bet on the moneyline?”

Because the payout is lower if you bet on the favorite, and you don’t get the advantage of the spread if you bet on the underdog. Sportsbooks aren’t going to reward you the same way for picking a massive favorite to win. They will, however, reward you handsomely if you correctly pick an underdog.

Let’s use this year’s Super Bowl as an example again.

The Chiefs’ moneyline is -180 at the moment. (Hey, that style of number looks familiar!) That -180 number indicates that, if you bet Kansas City to win, you have to wager $180 to win $100 for a total payout of $280. The Buccaneers’ moneyline, on the other hand, is +152.

The plus-sign changes everything! When preceded by a plus-sign, the moneyline indicates how much you’ll get back if you bet $100.

So, if you wager $100 on Tampa Bay at +152 and they upset the Chiefs (by whatever score), you’ll walk away with $252 — your original $100 bet plus $152. (For all intents and purposes, the favorite is always listed at a negative number and the underdog at a positive number.)

You don’t have to wager $100, of course. You can wager any amount (though sportsbooks do have upper and lower limits). If you cut your bet in half and put $50 on the Bucs +152, you’d go home with $126 if they win — your original $50 bet plus $76 (i.e. half of $152).

2. Against the Spread

Against the spread betting (commonly abbreviated as ATS) is probably the most common type of football betting. In Super Bowl 55, the Chiefs are three point favorites over the Buccaneers. On paper, this is written out as “Chiefs (-3)” or “Buccaneers (+3)”. The three point spread means that, if you bet on the Chiefs (-3), you only win your bet if the Chiefs win by four points or more. If the Chiefs win 25-23, for example, you’re outta luck.

The flip side is that if you bet on the Buccaneers (+3), you’ll still win your bet even if the game is a tie.

If the Chiefs win by exactly three points, it’s called a “push,” and both sides get their money back.

Simple enough, right?

Bettors are often confused to see the spread change a couple of days after they’ve placed a bet. If a lot of money is being wagered on one team compared to the other, sportsbooks will shift the spread to encourage equal betting on both sides and reduce their potential for loss.

This happened just before Super Bowl 53 in 2019. When the betting lines first opened, the LA Rams were a small favorite. But so much money was immediately bet on the New England Patriots that the spread shifted all the way to Patriots (-3).

These changes do not impact any bets that have already been placed.

The payout on spread betting is typically $1 for every $1.10 you wager, but can vary within a range. You’ll often see the payout listed as “-110,” which indicates that you must bet $110 to win $100.

Use the same approach outlined above for moneyline bets to calculate your payout when betting against the spread.

3. Over/Under Betting

Over/under betting (O/U) differs considerably from spread and moneyline betting in that it doesn’t involve picking the winner. The most common over/under bet is the game total, which involves predicting the total number of points that will be scored in the game.

As of January 25, 2021, the total for Super Bowl 55 is 56.5. Bettors can opt that the game will feature more than 56.5 points (taking the over) or fewer than 56.5 points (taking the under).

If you bet the over and the Chiefs win 33-25, you win your bet since the teams combined for 58 points. (That’s more than 56.5.) If the Chiefs win 30-22, you lose everything, since the total score of 52 is less than the total set beforehand by the sportsbooks.

Like with ATS betting, the game total can and will shift over time, depending on which side is receiving the majority of the money wagered. Pushes are also possible when betting the game total. Obviously, a push can only occur when the total is not a half number.

Just like the spread, O/Us have odds specific to each side of the line, meaning the payout isn’t always equal between the over and the under. As long as the action coming in on each side is roughly even, you’re likely to see odds of -110 on the Super Bowl totals line (bet $1.10 to win $1).

Super Bowl Props

The wager types discussed so far focus on the outcome of the game itself. The Super Bowl, however, is just as famous for its litany of prop bets. Some of these Super Bowl props can be downright bizarre, and many have nothing to do with football.

Prop bets feature any interesting propositions the sportsbooks can think of.

Prop bets touch on almost every aspect of the Super Bowl, from which team will win the opening coin toss to which player will score the first touchdown. Many of them focus on the performance of individual players. For example, who will have the most receiving yards? And how many yards will Patrick Mahomes throw for? Will Mahomes have more touchdowns than Brady?

The really fun ones have almost nothing to do with the game. Here are a few favorites from this year’s props:

• Will Bill Belichick be mentioned at least once?
• Will Blinding Lights be the first song played by The Weeknd at halftime?
• Will Tom Brady’s wife, Gisele Bundchen, be shown on TV more than 1.5 times?
• The color of the Gatorade poured on the winning head coach (orange is the favorite). Historical reference here.

Props can be constructed as moneyline or over under-style bets. Let’s look at a couple of examples to clarify.

“Who will score the first touchdown?” is a moneyline-style prop bet. Travis Kelce is currently the favorite at +600. (Remember what that plus-sign means? If you bet $100 on Kelce and he does score the first TD in the game, you’ll win $600.)

“How many songs will be played during the halftime show?” is an over/under style prop. The O/U is at 8. If seven songs are performed in total, the under will cash in. If nine lovely tunes are sung, the over wins. For a full guide on Super Bowl prop bets, be sure to check out this comprehensive guide.

Where Can I Bet on the Super Bowl?

How To Make A Super Bowl Bet In Vegas 2020

Go look at your finances and see if you have some disposable income. If things are looking good, it’s time to explore this list for the best places to bet on NFL games online , and get in on the action!

• Where to Bet:

How to read Super Bowl 56 Odds

The Kansas City Chiefs lost to the Tampa Bay Buccaneers in Super Bowl 55. However, the Chiefs remain the favorites to win Super Bowl 56 at SoFi Stadium in Inglewood, California.

The Chiefs are listed at 6/1 odds (Bet $100 to win $600), while the defending champion Buccaneers are the third-betting choice at 10/1.

In between Kansas City and Tampa Bay are the Green Bay Packers, who are currently at 9/1 odds.

Here is a quick reference on Super Bowl odds for the upcoming 2021 NFL season.

How to read NFL Las Vegas Odds

The point-spread was developed to provide a balance for both teams involved in a contest to entice bettors to potentially back the weaker team and receive points. The two squads in a game are listed with a title, either a favorite or an underdog. The favorite is usually the perceived better team in the game, as backing them means giving up several points.

The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.

Ex. Favorite -10, Underdog +10

On the VegasInsider.com odds page, there is another number associated with the favorite and its listed as -10. This number is simply defined as “vig” or what many in the sports betting industry call vigorish. Another common term is called “juice” and it’s technically the price the bettor has to pay on a straight wager.

Ex. Bet $110 to win $100 (10% juice)
Ex. Bet $100 to win $90.91 (10% juice)

It's not uncommon to see other values posted other than -10. Examples seen on the NFL Vegas Odds pages could include -08, -12, -15 and -20. The -10 price is the most common value in the industry while many books offer reduced 'juice odds' and that would fall into the -08 category.

The lower-juice sportsbooks are normally found outside of the state Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make NFL bets.

Another number that’s posted on the NFL Las Vegas is the total or ‘over/under’ for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa if the visitors are favorites.

All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NFL Las Vegas Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time.

NFL Open Line

How To Make A Bet In Vegas

One of the best features on the NFL Vegas Odds is the Open Line. This numbers consists of the first betting line received from one of our Las Vegas or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use. If you’re betting on the NFL or any other sport, it’s a great idea to view the open line first.

VI Consensus NFL Line

The VegasInsider.com Consensus NFL Line is just as important as the Open Line and also a key resource on odds platform. The Consensus column could be called a “Median Line” since it shows the most consistent number provided by the sportsbooks on VegasInsider.com. The consensus line will be the same as the open line but once the wagers start coming in, this number is often different than the openers.

How do I bet on the Super Bowl?

We know that you can bet on the Super Bowl and all of NFL Futures or bet on the NFL Draft at any time of the year, but what’s the process? The future wager or the “Odds to Win” bet on the Super Bowl is correctly selecting a team to win an event that takes place at a later time. A bettor will have his wagered money tied up until there is an outcome and bettors will receive fixed odds when they place the wager. In the case of the Super Bowl, you’re not a winner or loser until you see zeros on the clock in the final game.

Most sportsbooks offer different ways to read to Super Bowl Odds. In the fractional NFL Futures Odds format below, you simply take the odds and multiply by the amount wagered.

Ex. Green Bay (8/1) to win the Super Bowl

How To Place A Bet In Vegas On The Super Bowl

The Packers are listed as an 8/1 betting choice to win the Super Bowl. If you wager $100 on Green Bay to win the NFC and they capture the championship, then you would win $800 (8 ÷ 1 x 100). Your online betting account would then credit your account $900, which includes your win and stake ($100).

The American Format would see Green Bay listed at +800 and for the Decimal Format, the Packers would be 9.00.

If you are in a state where online betting is legal, we encourage you to check out our sportsbook directory to find the most trustworthy and reputable sites and mobile apps to place your Super Bowl bets.