NEWSLETTER
It’s 2023 and Super Bowl 57 is this Sunday, February 12. As Sports betting is growing and launched in even more states in 2023, including Ohio, there should be a large number of bettors searching for Super Bowl odds at their favorite sportsbook or betting site.
If you are new to sports betting, where do you start? Here’s a guide for how to wager on the Super Bowl. Online sports betting has opened up an insane amount of NFL betting odds and it can be overwhelming. Let’s look at how to bet on Super Bowl LVII.
Best Sportsbooks to Bet Super Bowl Online
If you are looking at betting on the big game to close out the NFL season, you’ll have to be familiar with the top sportsbooks available. The top sportsbooks in the country have a larger number of betting markets that include the best Super Bowl odds, prop bets, and more.
Here are a few of the top Super Bowl betting sites and online sportsbooks to check out if you want to bet on the 2023 Super Bowl this Sunday.
Draftkings
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DraftKings is a top betting option and has grown quickly with the expansion of legal sports betting. The platform is known for great odds for NFL games and has a wide range of Super Bowl betting odds to choose from. It’s also known for giving Super Bowl bettors solid promotions and bonus bets.
FanDuel
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The FanDuel Sportsbook has made a name for itself with its live betting odds. It’s one of the best sportsbooks for in-play betting with quick-changing live odds to go along with its same-game parlay. The sportsbook also has issued a “No Sweat” bet of up to $1,000 for new users.
BetMGM
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BetMGM is known as a great option for new bettors looking to wager on the big game. With a great first bet insurance offer and a nice depth of player props, the sportsbook is a potential sportsbook to consider when looking into Super Bowl promos and offers.
Caesars
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Caesars has a great rewards program where bettors can earn bonuses and the program has put the sportsbook on the map. With offers such as a $1,500 bet on Caesars, Super Bowl bettors will definitely give the operator a look for bets on Super Bowl Sunday.
PointsBet
For a unique twist on betting the Super Bowl spread, PointsBet is a sportsbook that gives an exclusive “Points Betting” option. The feature, only on PointsBet, allows users to win big if their team covers the spread by more points than expected. The platform also has given out “Second Chance” bets for new users to cover their first wager if it’s a loss.
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How To Place a Super Bowl Bet
| Rank | Sportsbook | Promo | Promo Code | Rating |
|---|---|---|---|---|
| 1 |  | 💰Bet $5, Win $200 Instantly on the Super Bowl | Not Required |  |
| 2 |  | 💰Claim for a $1,500 first bet on Caesars. | 🚨BLEACHERXLFULL |  |
| 3 |  | 💰$3K No Sweat First Bet for Super Bowl | Not Required |  |
| 5 |  | 💰$1,000 Super Bowl Bet Insurance | Not Required |  |
| 6 |  | 💰Five 2nd-Chance Bets up to $250 on the Super Bowl | 🚨BLEACHERXL |  |
After getting familiar with the different sportsbooks, you need to know how to get registered and sign up for a sportsbook account.
Register for a sportsbook
First, download the sportsbook app or visit the online sportsbook of your choice on the web. You will need to enter your personal information to get registered. This includes details such as your name, birthday, address, and more. Your personal information helps a sportsbook verify your identity and confirm you are old enough to place wagers.
After signing up, the sportsbook will use a geolocation tracker to confirm you are located within the borders of a legal sports betting state. If you are not, you will not be able to place bets.
Claim offers or make a deposit
After finishing the registration process, claim any offers that are available for new users. Sometimes, you will have to enter a promo code before or during registration to claim a bonus. Other times, bonuses such as a bonus bet will automatically be added to your account.
If there are no offers to claim, you can proceed to make a deposit and fill up your bankroll. Most sportsbooks accept major debit and credits. E-wallets such as PayPal are also a nice option when depositing money into your account.
Place your first bet
You are all signed up and have money in your account. Now it’s time to scan the odds and make your first wager. Check out the Super Bowl moneyline odds or other betting lines that interest you. Follow this research by filling up your bet slip, setting your wager amount, and submitting your bet.
Understanding the Super Bowl Bet Types
There are plenty of betting options available as the Super Bowl is the betting event of the year. If you are starting to learn how to bet, here are some of the most common bet types you’ll be seeing when you decide to bet on which team will win it all.
Moneyline
For moneyline bets, a bettor is selecting who will win the game straight up. It’s simple, you will place a wager on who will win Super Bowl LVII. Moneyline odds for the favorite are negative and positive for the underdog.
For example, for Super Bowl LVI, the Rams were the favorite with moneyline odds to win of -200. The Bengals were the underdog at +175. A $100 bet on the moneyline for the Bengals would have won $175.
Point Spreads
For point spreads, a bettor is wagering on the margin of victory in a game. For the Super Bowl, you would bet on which team would cover the spread instead of picking a team to win.
Super Bowl 56 saw the Rams as a -4 point favorite. That means they needed to win by 5 points or more for your bet to win if you picked them to cover the spread. The game ended 23-20 so a bet on the Bengals to cover won.
Over/Under (Totals)
An over/under bet, also called a total, is a bet on whether the teams will combine to score a certain amount of points. In last year’s game, the over/under was 48.5 points. Since the score was 23-20, an under bet would have won because only 43 points were scored in the game.
Parlay
A parlay is when you combine multiple picks, or legs, into a single bet. The odds increase but it is also less likely the outcome will happen. A traditional parlay consists of picks from different events such as picking 3 NFL teams to win on the same day.
Some sportsbooks have what’s called a same-game parlay. This is when you are allowed to make multiple picks in the same game for a chance to win big.
Live betting on the Super Bowl 2023
| Rank | Sportsbook | Promo | Promo Code | Rating |
|---|---|---|---|---|
| 1 | | 💰Bet $5, Win $200 Instantly on the Super Bowl | Not Required | |
| 2 | | 💰Claim for a $1,500 first bet on Caesars. | 🚨BLEACHERXLFULL | |
| 3 | | 💰$3K No Sweat First Bet for Super Bowl | Not Required | |
| 5 | | 💰$1,000 Super Bowl Bet Insurance | Not Required | |
| 6 | | 💰Five 2nd-Chance Bets up to $250 on the Super Bowl | 🚨BLEACHERXL | |
In-play betting has boomed as bettors enjoy the rush of making wagers based on the flow of the game. After the kickoff, the odds available quickly changed based on what is happening with each play. Live bets can include spreads, moneylines, totals, player props, and more. Bettors need to make decisions quickly as the best odds might be gone within a minute.
For example, let’s say the Chiefs reach the next Super Bowl and are -4.5 favorites to win. They are playing the Eagles for the Lombardi Trophy. After the first quarter, the Eagles hold a 14-0 lead. The live spread will have changed and the Chiefs will likely be underdogs on the point spread.
Super Bowl props
A number of Super Bowl bettors will be placing wagers on player and game props. Props are bets that are within a game but not necessarily tied to the final result. For example, you can bet on the first player to score a touchdown, which team will score first, or how many passing yards a quarterback will have in the game.
For example, Odell Beckham scored the first touchdown of Super Bowl LVI as he caught a 17-yard TD from Matthew Stafford. Beckham’s odds for scoring the first touchdown were +1000. Any bettor who picked him to score the first TD received a payout of 10 to 1.
Outside of player and team props, the Super Bowl comes with exotic props. These are props that don’t have much to do with what’s happening in the actual game. Common exotic props include the coin toss, Gatorade color poured on the winning coach, or the length of the national anthem.
The coin toss for last year’s Super Bowl landed on heads while the 2020 Super Bowl saw winning coach Andy Reid receive a Gatorade shower that was the color orange.
How to bet on Super Bowl futures
Now, you don’t have to wait until the Super Bowl to bet on the big game. With NFL future bets, you can bet on which team you think will win the Super Bowl at the beginning of the season. Super Bowl futures odds are set during the preseason and change throughout the year based on how teams play.
Before the 2021 season, the Bengals’ odds to win Super Bowl 56 were +15000. If they would have been victorious over the Rams, a $100 bet would have paid out 150 to 1. At the beginning of the season, all 32 teams will have odds to win the Super Bowl. By the time the playoffs roll around, only 14 teams remain with odds to win it all.
There are all sorts of futures that can be placed throughout the NFL season such as which teams will reach the Championship Game or the exact teams who will play in the Super Bowl. There are also futures that don’t pertain to the Super Bowl such as who will win Coach of the Year or Offensive Rookie of the Year.
Super Bowl Betting Tips and Strategies
With a lot of types of Super Bowl bets, it is easy for novice bettors to make bad decisions while betting on the big game. It’s easy to bet on Super Bowl props and throw money at odds that excite you. Here’s the deal, you need to bet responsibly. Here are a few tips on how to bet on the Super Bowl.
Basic Bets
It’s key to keep your bets more basic. With a lot of odds on the Super Bowl to choose from, bettors might start placing wagers on bet types they know nothing about just to get in on the action. You need to have a strategy before you start making wagers and know what kind of bets you are looking to make.
Sticking to basic bets will also keep you from making bets that contradict each other. If you are keeping the number of wagers low and on familiar bet types, you are less likely to make any mistakes.
Small Wagers
Keep your wagers small. It’s easy to get pumped about potential payouts for bets you make on the big game. A common mistake by new bettors is making large bets and not keeping track of how much they are wagering.
Manage your Bankroll
Set a dedicated amount of money to your bankroll and don’t adjust. Take the time to figure out how much money you’d like to bet on the Super Bowl. This is one of the best Super Bowl betting strategies. Don’t find yourself in financial trouble because you didn’t stick to the limits you set for yourself.
Shop for lines and odds
There are a lot of sportsbooks available and can be downloaded on your mobile device. Use this to your advantage. Shop lines and compare odds from book to book. This will make sure you get the best value on your bets. For example, if the Bills reach the Super Bowl they might be a -125 moneyline favorite at one sportsbook but -110 at another. Shopping lines and comparing odds is one of the best ways to find value and get an edge.
Use reputable sportsbooks
For your betting on the big game, stick to sportsbooks that are safe, vetted, and reputable. This will ensure the best sports betting experience. Stay away from non-regulated books. They aren’t kept to the same standards and are not a safe place for your personal information or money. Vetted sportsbooks in the United States have to follow strict guidelines and laws.
How to bet on the Super Bowl FAQ
| Rank | Sportsbook | Promo | Promo Code | Rating |
|---|---|---|---|---|
| 1 | | 💰Bet $5, Win $200 Instantly on the Super Bowl | Not Required | |
| 2 | | 💰Claim for a $1,500 first bet on Caesars. | 🚨BLEACHERXLFULL | |
| 3 | | 💰$3K No Sweat First Bet for Super Bowl | Not Required | |
| 5 | | 💰$1,000 Super Bowl Bet Insurance | Not Required | |
| 6 | | 💰Five 2nd-Chance Bets up to $250 on the Super Bowl | 🚨BLEACHERXL | |
Can I bet on the Super Bowl online?
Yes. Sportsbooks like BetMGM, DraftKings, Caesars, FanDuel, and more have hundreds of different Super Bowl bets to choose from. Keep in mind, you have to be in a legal sports betting state and of legal age to place wagers. Geolocation tracking will check to confirm you are within the borders of a legal state before you can start to fill up your bet slip and place wagers.
Where can I bet on the Super Bowl game?
Super Bowl bets can be placed with online sportsbooks or at retail locations in states where sports betting is legal. Some of the top online sportsbooks include DraftKings, FanDuel, BetMGM, Caesars, and more. Many sportsbooks have partnered with casinos in legal states for retail sportsbooks.
What’s the best way to bet on the Super Bowl?
Online sportsbooks and mobile apps are a great way to bet on the Super Bowl. You can have access to all the odds and lines in the palm of your hand from your couch. For those interested, retail locations are available in states where sports betting is legal if you are looking for an in-person experience at a sportsbook for the big game.
Do Super Bowl bets include overtime?
Yes. Overtime counts towards most Super Bowl bets unless it is otherwise stated. If you have questions, check with customer service or research the specific bet type before placing any wagers.
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