Super Bowl odds are a different ballgame from regular season NFL betting. Betting markets are much more widely available and the list of possible props is mind-blowing.
There are literally hundreds of Super Bowl odds offered at every legal online sportsbook, from which player you think will score the first touchdown to how many catches a certain player will reel in or the passing yards of a quarterback. You can even bet on off-field props like the color of the Gatorade dumped on the winning coach.
Below find a quick guide to the best and easiest ways to bet on the Super Bowl online, including current Super Bowl odds direct from Florida online sportsbooks.
Super Bowl 58 odds
During the season, all 32 NFL teams have Super Bowl odds available, although only a select few are pegged as true contenders. Below check the current futures odds for the upcoming Super Bowl. Click on any odds to go right to the sportsbook, claim your bonus and register a new account. your bets. Once the Super Bowl matchup itself is set, you’ll also see the live Super Bowl spread, moneyline and totals odds below.
Super Bowl odds boosts and promos
Sportsbooks are a business. They want to gain you as a customer during this major gambling holiday. This competition leads to the sportsbooks offering great promos, such as bonus bets, refunds, parlay insurance, odds boosts and free plays.
The Super Bowl brings out dozens of odds boosts at every sportsbook. Since Super Bowl 57 wrapped up last February, these boosts aren’t available yet. But you can check below for some of the top odds boosts once they become available for Super Bowl 58.
Popular Super Bowl bets at Florida sportsbooks
Here’s a rundown of the three most classic bets you can place on the Super Bowl or on any football game:
What is the moneyline?
When betting on the Super Bowl, the simplest way to bet the game is through a moneyline wager. With a moneyline bet, you’re simply picking which team you think will win the game. The moneyline is simply a way of listing the odds based on how much a bettor needs to wager to win $100. Or, if the pick is the underdog, the amount a $100 bet would profit. The underdog is always denoted with a + symbol and the favorite with a -.
For example, the Tampa Bay Buccaneers were +120 underdogs against the Kansas City Chiefs in Super Bowl 55. In this scenario, a $100 bet on the Bucs would net you a profit of $120. On the other side, the Chiefs would likely be like -140 favorites. You would need to risk $140 to make a profit of $100.
With more and more teams going for two and more kickers missing extra points than ever, moneyline betting is a good way to mitigate the stress of point spread betting.
What is the point spread?
Point spread betting is the most popular way to bet on football games, including the Super Bowl. Oddsmakers set a spread that, in theory, would make the two teams equal. For example, if the Buccaneers are +3 point underdogs against the Chiefs, oddsmakers are telling you they believe the Chiefs are three points better.
In the above example, if the Buccaneers win the game outright or lose the game by just one or two points, you’d win your bet. If the final margin of victory by the Chiefs is exactly three points, your bet is a push, and your wager is refunded. If you backed the Chiefs at -3, you’d need them to win the game by four points or more to cash your ticket.
However, even when betting on the point spread, sportsbooks still use moneyline style odds. Most point spreads are set at -110 odds, meaning you need to risk $110 to profit $100.
What is the over/under?
Over/unders are a popular bet among sports bettors, and the Super Bowl is no different. Here, you aren’t wagering on a specific team. Instead, the bet is simply about how many points both teams combine to score.
Typically, the Super Bowl is played between two of the best teams in the league. When two powerhouses square off, it’s tough to pick which team has the winning edge. But it’s a bit easier to handicap the final point tally. If two great offensive teams are playing, you’ll likely see a total in the 50s as we saw with the Buccanneers and Chiefs in 2021. If two great defensive teams are facing off, a total in the high 30s or low 40s might be more appropriate.
What are alternate lines?
Sometimes you think the oddsmakers have pegged a game all wrong. Alternate lines are adjusted from the original point spread in both directions at different odds.
In Super Bowl 55, the Buccaneers were three-point underdogs. However, they ended up winning the game by 22 points. Therefore, if you bet them to cover the alternate spread of -4.5 points, you could have gotten a payout in the +250 range. You also could have bet the Buccaneers to cover +10 points, with that line set in the +300 range. On the other side, you could have bet the Chiefs to cover as -10 point favorites or cover as +4.5 point underdogs.
Alternate lines are a fun way to get involved with potentially high payouts if you expect a different game than the oddsmakers anticipate.
How do Super Bowl parlay bets work?
Parlay bets are a fun way to increase your potential winnings, but they come with additional risk. A parlay is where you take multiple bets and tie them into one single bet. For example, during the regular season, a bettor could bet on the winner of multiple games and parlay it into a single bet.
By parlaying the bet, the bettor gets better odds on a potential payout, but also is much less likely to win the bet. If a gambler submitted a five-team parlay, but only got four outcomes correct, then the book grades the ticket as a loss.
In the Super Bowl, there is only one outcome to wager on, but there are numerous markets to bet on simultaneously. One simple way to do this is by betting a side of the point spread and either over or under on the total. Frequently, favorites covering will lead to a higher-scoring game, while an underdog covering will lead to a lower-scoring game.
One knock against parlays is how hard they are to win. For that reason, a lot of sportsbooks are now offering parlay insurance. Here, if a certain number of parlay legs hit, you get your money back. Also, sportsbooks offer the opportunity to cash out early on certain parlays. You won’t get your full payout in the early cashout offer, but at least you’ll get something.
Live in-game betting
Live betting has become a huge part of the sports betting landscape. Bet on games after they’ve started, with sportsbooks adjusting the odds based on what has already occurred in the game. The Super Bowl is no different. Plenty of people participate in live betting throughout the game.
With live bets, you can bet on the live moneyline and point spreads and totals. The Super Bowl betting lines will be different from before the game. If a game is low-scoring but you expect the points to pick up, a live bet on the over at a depleted total might be an appealing option.
Super Bowl prop bets
The main difference between Super Bowl and regular football betting is the number of proposition bets available. These bets, known commonly as props, do not have anything to do with the game’s final score.
Sportsbooks offer an insane amount of Super Bowl props for bettors. These bets can often pique the interest of those who don’t even enjoy football or care about the game’s outcome.
There are on-field bets, off-field bets, individual player stats such as receptions and yards and plenty of other markets. There are hundreds of prop bet possibilities.
On-field props are simple. You’re betting props based on what happens on the field. Super Bowl MVP, first scoring play, over/under for yards and first touchdown scorer are examples of on-field props.
The Super Bowl is just as much about off-field entertainment, though. Therefore, there’s a litany for those who don’t care much about the game. Below are some of the most popular Super Bowl props:
- The Coin Toss: Heads or tails. Fifty percent shot. The second that coin is in the air is exhilarating. And you get instant action to start the game off right.
- First Scoring Play: Which team will score first? Will it be a touchdown or a field goal? Maybe even a safety like in 2014? Odds are usually fair, and it’s a fun and early bet to root for.
- First TD Scorer: The odds on the first touchdown bet are usually large, especially if you bet on a fullback to steal a goal line carry or a blocking, third-string tight end to find himself wide open in the end zone.
- Gatorade Dump: What color will the Gatorade dumped on the winning coach be?
For a more extensive run down of all the props available, check or dedicated page here:
Super Bowl MVP Odds
The MVP of the Super Bowl is a popular prop bet as well. If a more random player wins Super Bowl MVP, you might be looking at a huge potential payout. In fact, in the 2014 Super Bowl, Malcolm Smith was such a surprise he wasn’t even listed at most sportsbooks.
In 2019, Julian Edelman cashed as a 20-1 longshot to win the Super Bowl MVP. Then, Von Miller opened as a 60-1 underdog to win the Super Bowl MVP in 2016 before doing just that.
In 57 Super Bowls, a quarterback has won the award 32 times, including six of the last 10 years. The next most popular positions are running backs and wide receivers, with seven and eight. Tom Brady has won the Super Bowl MVP five times, the most of any player.
Super Bowl futures odds
Long before we know the two teams who will compete in the Super Bowl, you can bet on the winner. Through Super Bowl futures markets, you can try to look smart to your friends while earning a decent payout.
Right after the end of the Super Bowl, the odds for next year’s Super Bowl are released. These odds are based on the perception and strength of each team and are constantly adjusted due to team performance, player transactions and injuries. In the above feed, you can see the current up-to-the-minute odds for the Super Bowl.
If you want a bigger payout for the Super Bowl, look to bet sooner rather than later. The more time remaining in the season, the more uncertainty there is. If the season is rolling and teams establish themselves, the market will tighten up. Any potential edges or advantages will dissipate.
If you are looking to play it safe, you can wait until the start of the playoffs to place your futures bet. You might cost yourself a little in terms of potential payout, but at least you know the team you are backing has a legitimate chance to compete for a championship.
When betting on the Super Bowl in the futures market, you’ll want to examine many factors. First off, look at the data and analytics to make sure the numbers back up your hunch. Additionally, make sure there are no major injuries to key players. Finally, consider the team’s schedule and who they’d need to beat en route to winning the championship. Some teams have much easier paths than others.
What are Vegas odds?
Las Vegas has long been known as the sports gambling capital of the country. For a long time, it was the only locale to bet on sports legally. However, with new legislation, many states are in on the action.
Sportsbooks in Vegas and other legal jurisdictions use similar methods to determine their odds. Both use computer algorithms, models and advanced analytics to set their lines. The data used by both is similar, so the resulting lines are often mirrored. You no longer need to search what the NFL betting lines in Vegas say, including seeking out the Las Vegas Super Bowl odds, because when Florida relaunches a legal market, the sports betting odds will be roughly the same.
Where is Super Bowl 58?
Super Bowl LVIII
- Date: February 11, 2024
- Location: Allegiant Stadium in Paradise, Nevada
- Capacity: 65,000
- TV Channels: CBS
- Commentators: Jim Nantz, Tony Romo
Which sportsbooks have the best Super Bowl odds?
Other potential betting apps, such as DraftKings Florida, FanDuel Florida and BetMGM Florida, could only materialize if courts ever make rulings that would eliminate the Seminole Tribe’s monopoly over sports betting in Florida.
- Pros: Already locally established and has its roots in Florida
- Cons: Not a widely established name across the rest of the country
- Pros: An industry leader with a great app for live betting and plenty of markets
- Cons: Sometimes its promotions are a little lacking
- Pros: A top name in the industry, does everything well with little to no issues
- Cons: Some betting markets are lacking, and the app isn’t as cutting-edge as others
How do I open a betting account in Florida?
Currently, Florida gamblers can only bet on sports online using Hard Rock Bet, which is owned by the Seminole Tribe. To open a betting account, someone would simply need to download the app, enter personal and banking information to register, and officially sign up.
If other apps are ever allowed to operate in Florida, you will have options to pick a sportsbook to register an account, and PlayFL lists the best sports betting bonus offers from potential Florida sportsbooks.
Who is the favorite to win the Super Bowl?
There are only four teams left in the playoffs: the San Francisco 49ers and Detroit Lions in the NFC, and the Kansas City Chiefs and the Baltimore Ravens in the AFC.
On BetMGM, the Super Bowl58 odds are as follows:
- 49ers +145
- Ravens +200
- Chiefs +350
- Lions +700