One of the coolest things about the Super Bowl is that it’s the number one sporting event for attracting new and first-time sports bettors. If you’re here, the chances are high that this is probably the first time you’ve ever bet on sports, which is awesome! But with that awesomeness comes a lot of questions.
Feb 05, 2021 Here are my favorite bets for Super Bowl LV. Point spread and moneyline bets The point spread for this game opened Chiefs -3.5 right after they defeated the Bills in the AFC Championship. The 2021 Super Bowl 'streaker' won $374,000 after placing a $50,000 prop bet that someone would streak during the game.
How do you bet on the Super Bowl? Where can I bet on the Super Bowl? How do I make sure I don’t make any beginner mistakes? In this guide, we’re going to address and answer all of those questions and more. In a matter of minutes, you’ll have all the tools, knowledge, and resources you need to know how to bet on the Super Bowl in 2021.
Where to Bet on Super Bowl 55 Right Now
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5 Options for Real Money Betting on Super Bowl 55
Online Super Bowl Betting Apps
The easiest and most popular way to bet on the Super Bowl is a perfect marriage between sports and technology. Thanks to innovation and tech growth, you’re now able to bet on the big game without ever needing to leave your home, office, or lazy boy. We’re talking about online Super Bowl betting apps! If you want to get into the action fast, but in a safe and reputable manner, check out one of the sports betting sites we’ve listed at the top of this guide.
- Most convenient and efficient way to place Super Bowl bets
- Bonuses and VIP rewards available for players of all levels
- Safe, secure, and no risk of someone else messing up your bet
- Might feel different if you’re used to betting in person
- Lots of betting app options to choose from (may feel overwhelming)
Our Favorite Option:
Our two favorite picks for the best Super Bowl betting sites online are MyBookie and BetUS. Click in the links below so you can check out these betting apps.
The most well-known option for how to bet on the Super Bowl is brick and mortar sportsbooks. This might be a sportsbook attached to a casino or a stand-alone bookmaker. Either way, these in-person establishments allow you to join other patrons and make wagers face to face.
- The sportsbook atmosphere around Super Bowl time can be exciting
- You can get free drinks
- You can talk to someone face to face if you have questions
- Lines are especially long around Super Bowl time
- Betting odds can change against you while you’re waiting in line
- Bonuses and rewards are limited, especially for smaller bettors
- Higher probability of human error
Our Favorite Option:
It all depends on where you live, and if you have a brick and mortar sportsbook close by. Check our US sportsbooks page to find out more about how to gamble in your state.
Wagering With Family and Friends
Want to liven up the game with a little competitive fun with friends and family? Well, if you want to, you can always choose to make bets right at home. What’s great about wagering with friends and family is that you don’t have to bet money. You can bet chores, the next meal, or even a round of drinks.
Be careful, though. If you do bet money and it’s enough to sting when someone loses, you may risk souring relationships. If that’s a concern, stick to one of the other ways to bet on the Super Bowl from this list.
- You don’t pay any rake on wagers
- It can add some fun competition to the game
- You don’t have to bet money if you don’t want to
- Could cause relationship issues
- Winning means taking money from friends and family (not the sportsbook)
- No system for arbitration if there are arguments
Our Favorite Super Bowl Bets With Friends:
- Bet on the game-winner
- Bet on whether or not the total final score will be odd or even
- Bet on whether or not the first score will be a touchdown or something else
If you’ve ever watched a classic mobster movie, then you know what a bookie is. It’s someone who basically “runs their own sportsbook” or collects money for someone else running their own sportsbook. These private bookies are almost always doing something illegal. In the early days of sports betting, we understood why people would take the risks to use these people,
However, with so many great Super Bowl betting apps and other simple options, there’s no need to take on this unnecessary risk anymore. We only included the option here for completeness.
- We don’t condone the use of private bookies due to the lack of pros and benefits associated with the practice.
- It’s illegal in most jurisdictions
- You have no way to protect yourself from theft
- The ability to bet on margin can get you in a lot of trouble
Our Favorite Option:
None, unless you like having your legs broken. Seriously, there are zero good reasons you should be using a private bookie when you have so many reputable online Super Bowl betting site options.
Daily Fantasy Sports (DFS)
A slightly different way to bet on sports that has grown in popularity over the past few years is daily fantasy sports (DFS). DFS is a lot like the season-long fantasy sports you’re used to (where you get points for players doing well), but it condenses the leagues down into a single day or even a single game competition. If you want to mix things up for this year’s Super Bowl, DFS might be something worth checking out.
- Good opportunities to turn a small buy-in into a large win
- Access to a large pool of other sports bettors to compete against
- Different than traditional sports betting
- Large player pools make it tougher to win
- Requires more understanding and learning than traditional betting
- Not available in many states in the U.S.
Our Favorite Option:
The best option currently for daily fantasy sports is DraftKings. And remember you can learn all about DFS in our complete Daily Fantasy Sports betting guide, link below.
Step by Step Guide for How to Bet On The Super Bowl Right Now
1. Decide What Type of Super Bowl Bet You Want To Make.
Pick out the type of wager you want to make. If this is your very first bet, we recommend choosing either a moneyline bet, a spread bet, or an over/under bet.
- Moneyline bet – All you have to do is pick the team that wins the Super Bowl.
- Spread bet – Pick the team that is going to outperform their expectations. The team you bet on doesn’t necessarily have to win the game for you to win your bet. For example, if a team is +3, they are expected to lose the game by 3 points. As long as they lose the game by 2 points or fewer (or win the game), they’ve outperformed the spread and you win.
- Over/Under bet – This is a wager on the total number of points scored by both teams. The Super Bowl betting site sets a line of how many points it believes will be scored cumulatively.
- If you choose the over and more points than that line are scored, you win.
- Choose the under and fewer points than that line are scored, you win.
It never matters who wins the game or what team scores the points. The only thing that matters is when you add both scores together at the end of the Super Bowl.
2. Decide How Much Want To Make Your Wager.
Online Super Bowl betting websites let you wager as little as a few dollars, whereas in-person options might have slightly higher minimums. If you’re brand new, it’s okay to bet small to get your feet wet.
Remember, if you need any help to determine your bet sizes, you can check our sports betting bankroll management page.
3. If You Choose To Bet Online, Open up Your Free Player’s Account.
Bet Money On Super Bowl
Click one of the links we’ve provided at the top of the page to head on over to the Super Bowl betting site of your choice. Any of the options we’ve recommended will give you a great experience.
4. Make a Real Money Deposit.
Once you create your account through the ‘Sign Up’ or ‘Join Now’ button, head over to the cashier and make a real money deposit. You’ll have plenty of different options to choose from.
How To Bet Money On The Super Bowl Wins
5. Navigate To the Super Bowl Bets.
After your account is funded, head over to the Super Bowl bets page. You may see a direct link or you may need to click on Sportsbook > Football > NFL > Super Bowl (or a similar combination on the menus) to get there.
6. Find the Wager You Want To Make and Add It To Your Virtual Betting Slip.
Pick out the bet you decided on in step one and click to add it to your virtual betting slip.
7. Enter How Much Money You Want To Bet.
Enter the amount of money you want to bet on your virtual betting slip.
8. Confirm That Everything Looks Correct.
Make sure that everything looks correct. The things to check include:
- You chose the right side of the bet.
- The amount you want to bet is correct.
- The amount you are getting paid if you win is correct.
- You chose the right game. Generally, this is tough to mess up with the Super Bowl, but it’s worth noting.
9. Place Your Bet, and Reconfirm Everything Looks Correct on Your Betting Slip.
Click the ‘Place Bet’ button. You’re in! Immediately double check your betting slip one more time to make sure it’s correct. If you find an issue, don’t leave the betting counter (in-person) or contact support immediately (online).
10. Enjoy the Game!
Gratis spins no deposit 2020 schedule. Sit back and see if you made a smart Super Bowl prediction.
4 Tips for Making Your First Super Bowl Bet
- Keep it simple – You’re new to all of this. There’s no reason to overcomplicate things. Stick to simple bets. And guess what? There is zero correlation between the complexity of your bets and the amount of money you can win. Many of the most successful NFL bettors make tons of money every year with the simplest of wagers.
- Start small – If this is your first time making real money sports bets, start small. Sports betting is going to be around for a long time, and the next NFL season is only a few months away after the Super Bowl.
- Remember why you’re betting – If you’re betting for fun, don’t get wrapped up in the results. If you’re betting to make money, make sure you stick to profitable strategies. We’ve seen a lot of people serious about making money wagering on things during the Super Bowl like the coin flip or what color shirt the halftime act is going to wear.There’s nothing wrong with betting for fun or to make money—just remember what side of the aisle you’re on.
- Always check your work – You’ll see us mention this several times throughout our guide on how to bet on the Super Bowl and for good reason. No matter where or how you bet, you need to check your betting slip immediately after you bet. If you bet in person, there’s a chance the agent made a mistake. If you bet online, there’s always a small chance you made a mistake. If you catch it right away and let someone know, the chances are good that you can get things corrected.
Common Beginner Super Bowl Betting Mistakes
Bets That Don’t Work in Unison
If you decide to make multiple bets, make sure they work in unison. All of your Super Bowl bets should fit the same storyline of what you expect to happen in the game. For example, if you bet:
- Team A to win the game
- Team B to score first
- The team to score first wins the game
As you can see, you have contradictory bets here. If Team B scores first, you’re already behind on your bet for Team A to win (which may be okay in some circumstances). However, your bet that the team that scores first wins the game can’t win with the other two bets. If Team B scores first and wins the game, you win the last two bets but lose the first one. If Team B scores first and loses the game, you win the first two bets but lose the last one.
Forgetting to Check Your Tickets
We’ve mentioned it several times, and we’re going to mention it again. Make sure you check your betting ticket before you bet and after. If you see something, say something. Mistakes can be corrected right away, but you’ll never convince anyone you meant to do something different later.
Making Wagers You Don’t Understand
There’s an unhealthy perception in the betting community amongst some uninformed people that more complex Super Bowl bets give you a better chance of winning. It’s simply not true. If anything, it lowers your chances of winning because you run the risk of making a mistake. Stick to wagers you completely understand.
Super Bowl Betting FAQYes, but which Super Bowl bonus depends on what your plans are after the big game. If you are planning on keeping your account open and betting on more games, you can use any bonus you want. The reason this is important is that bonus dollars come with a playthrough requirement. This means you have to wager the funds a certain number of times before you can cash them out. If you are only planning on betting on the Super Bowl and cashing out right away, this can create issues.
If you are only planning on betting on the Super Bowl and cashing everything out right away, there is still a bonus you can use! The 10% up to $200 bonus from MyBookie comes with a 1x rollover requirement. That means that after you bet the bonus dollars one time, they are yours to cash out immediately!
- 10% up to $200 from MyBookie with a 1x rollover requirement
- 125% up to $3,125 from BetUS with a 10x rollover requirement
There is one bettor out there who didn’t wait for Super Bowl week to declare his intentions. And he went big as in huge.
BetMGM has taken a $2.3M wager on the Tampa Bay Buccaneers. The wager was on the Bucs +3.5 (-115). If Tampa Bay covers the spread against the Kansas City Chiefs, the bettor would win a net of $2 million.
According to company spokesperson Elisa Richardson, the bet was placed on BetMGM’s mobile app and is the largest Super Bowl wager any U.S. sportsbook had reported as of Friday morning.
The wager went in the opposite direction of most of the early action on the game, which has favored the Kansas City Chiefs, who are looking to go back-to-back.
“This was a bet we were very happy to receive,” Jason Scott, vice president of trading for BetMGM, told ESPN. “We had previously written several other six-figure bets, all on Kansas City, and the public is certainly behind Andy Reid and Patrick Mahomes.”
The Chiefs remained consensus 3-point favorites and were attracting 74% of the point-spread bets at Caesars Sportsbook by William Hill. FanDuel and DraftKings also reported lopsided action on the Chiefs, with greater than 75% of the early money backing the defending champions at each sportsbook.