Super Bowl Coin Toss Betting

The Super Bowl coin toss has gained surprising popularity as a Super Bowl betting option. While it might seem like a simple 50-50 proposition at first glance, there are intriguing layers to this type of bet.

Over the years, the coin toss has become one of the most heavily wagered Super Bowl props, and the trend is expected to grow with the expansion of legal sports gambling. The appeal of the coin toss bet lies in its simplicity and suitability for casual bettors who desire a stake in the Super Bowl festivities without the stress of following the game or delving deep into betting analytics. Bettors can choose to wager on either the AFC or NFC team to win the toss, predict heads or tails, or even bet on whether the winning team will opt to kick or receive.

It’s important to note that there’s no surefire way to predict the outcome of the Super Bowl coin toss. Despite historical data suggesting a slight edge for one side of the coin, the result remains a truly random event, embodying the essence of a 50-50 chance.

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Super Bowl Coin Toss Odds

Here were the odds for the Super Bowl 57 coin toss at DraftKings Sportsbook:

Heads: +100
Tails: +100

Over at FanDuel Sportsbook, here’s what the betting lines looked like:

Heads: -104
Tails: -104

Where Can You Bet on the Super Bowl Coin Toss?

To place a bet on the Super Bowl coin toss, it is essential to be in a state where sports betting is legally permitted. Additionally, the state must allow betting on events like the Super Bowl coin toss. In states that have legalized and regulated sports betting, online sportsbooks typically offer bets on the coin toss, provided the state’s regulations include provisions for such types of wagers.

Many states have authorized sports betting, including the option to place bets on the coin toss via mobile sportsbooks, according to Forbes. These states include Arkansas, Arizona, Indiana, Illinois, Iowa, Kansas, Louisiana, Michigan, Mississippi, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, West Virginia, and Wyoming. Washington, D.C., also allows it.

How Do You Bet on the Super Bowl Coin Toss?

The Super Bowl coin toss bet stands out for its simplicity and straightforwardness. Essentially, this bet involves predicting whether the coin used at the beginning of the Super Bowl will land on heads or tails. It’s a clear-cut choice, offering a 50-50 chance of winning, which appeals to seasoned bettors and novices alike.

Once you decide which outcome to back – heads or tails – placing your bet is just as simple. You select your preferred outcome, and this choice is then automatically added to your betting slip. You have the flexibility to specify the amount you wish to wager. You can adjust your bet size according to your comfort level and betting strategy.

History of the Super Bowl Coin Toss

The tradition of the coin toss in professional football dates back to its inception in 1892. Throughout the years, the basic procedure of the coin toss has largely remained consistent. However, there have been some modifications to the pregame procedure throughout its history.

How Often Has the Coin Toss Winner Won the Super Bowl?

In the 57 Super Bowls played, 26 teams have won the coin flip and the game.

Super Bowl Coin Toss Betting Trends

While the coin toss is inherently a 50-50 chance, landing either on heads or tails, there have been instances of consecutive outcomes favoring one side:

• Heads: 3 consecutive years – Super Bowl VI to VIII (1972-74)
• Heads: 3 consecutive years – Super Bowl XII to XIV (1978-80)
• Tails: 3 consecutive years – Super Bowl XV to XVII (1981-83)
• Tails: 3 consecutive years – Super Bowl XIX to XXI (1985-87)
• Heads: 4 consecutive years – Super Bowl XXIV to XXVII (1990-93)
• Tails: 4 consecutive years – Super Bowl XXXII to XXXV (1998-2001)
• Tails: 4 consecutive years – Super Bowl XXXVII to XL (2003-06)
• Heads: 5 consecutive years – Super Bowl XLIII to XLVII (2008-12)
• Tails: 4 consecutive years – Super Bowl XLVIII to LI (2014-17)

Is the Super Bowl Coin Toss Bet Worth It?

The Super Bowl coin toss bet is an intriguing aspect of Super Bowl betting, primarily because it’s one of the simplest bets to make. Despite its simplicity and the seemingly fair 50-50 odds, it’s typically not the most financially advantageous bet because of the concept of vig, also known as the vigorish or juice.

Vigorish is a term used in gambling that refers to the commission or fee that sportsbooks charge on bets. This is how sportsbooks make a profit. In the case of the Super Bowl coin toss, even though the odds of the coin landing on heads or tails are theoretically equal, the odds offered by sportsbooks are not exactly even. For example, you might see odds of -110 for each side of the coin toss, which means you have to bet $110 to win $100. That means the implied probability of each outcome is not 50%, but slightly less due to the vig.

This vig ensures that, over the long run, the sportsbook will make a profit, regardless of the individual outcomes of the bets. In a fair, vig-free scenario, a $100 bet would return $200 (your original $100 plus $100 in winnings).

Despite this, the Super Bowl coin toss remains a popular bet for many. Its popularity is largely rooted in its simplicity and the excitement it adds to the game-watching experience. It’s an easy and fun way to engage with the event, especially for casual bettors or those not deeply knowledgeable about the more complex aspects of sports betting. It also has an immediate outcome, adding to the thrill of the bet.

While the Super Bowl coin toss bet is typically not financially beneficial in the long run due to the vig, it’s a fun and simple way for many bettors to participate in the excitement of one of the year’s biggest sporting events.

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