How to Bet on the Super Bowl 2024 Online: The Ultimate Guide
Our NFL betting expert teaches you everything you need to bet on the Super Bowl online ahead of the Big Game. Tune in on Feb. 11 at Allegiant Stadium in Las Vegas to see the San Francisco 49ers take on the Kansas City Chiefs.
How to Bet on the Super Bowl Online
As online sports betting continues to expand around the country, so do the options for sports bettors. Below you will find all the top offers from the top sportsbooks that you can take advantage of before the big game.
How to Choose Your Super Bowl 2024 Betting Site
Theres a number of factors to consider when choosing your online betting site for your Super Bowl bets.
Weve compiled a list of the best betting sites on offer ahead of Super Bowl 2024. Have a look at the sportsbooks available with some great offers to take advantage of.
Choose a Sportsbook Licensed in Your State
When betting on the Super Bowl online, you need to make sure youre using a fully-licensed, legal betting site.
All of the betting sites listed above are fully licensed and legal certain states. Be sure to check your state’s regulations to ensure that there will be no barriers for your Super Bowl bets.
Most sites require users to be at least 21 years old and within state lines when betting on Super Bowl 58.
Take Advantage of Super Bowl Sign-up Offers
New customer offers are a great way to get the most out of your money when first signing up with an online betting site.
All of the sports betting sites in this piece will have great sign-up offers for you to take advantage of, some of which are tailored to the 2024 Super Bowl.
There are a number of different types of Super Bowl sign-up offers used by online sports betting sites, with these ranging from deposit bonuses to bonus bets or bet credits.
However, you always need to remember to read the terms and conditions of sign-up offers before using them to ensure you know exactly how they work.
How to Understand Super Bowl Odds
When it comes to betting, odds are used to show how likely or unlikely each sportsbook thinks a certain outcome is to happen. These odds are often listed as a number, with a plus or minus coming before it.
- The bigger the number next to the negative (-) sign, the more likely the outcome is considered to happen.
- The bigger the number next to the positive (+) sign, the less likely the sportsbook considers it that the event will occur.
If there’s a minus sign next to the odds, this tells you how much money you need to wager to make a profit of $100.
For example, if one team is -125 to beat another team, youll need to bet $125 on the favored team to return a $100 profit, with the total return being $225 ($125 stake + $100 profit).
Odds that follow a positive (+) sign tell you how much money you’ll make for every $100 you wager. These are the underdogs, and what the sportsbook thinks is less likely to happen.
For example, if a team is +105 to beat another team, a $100 bet on the first team would return a $105 profit plus your original $100 stake back, with the total return for this bet being $205.
Sportsbooks will always give you back your initial stake as part of your winnings, unless stated otherwise.
Betting on the Super Bowl Explained
When youre betting on the Super Bowl online, there are loads of different markets to choose from, but what do they mean? Weve explained some of the most popular ones below.
The Super Bowl Moneyline
Moneyline bets are the simplest types of bets you can make. A moneyline bet is betting on theoutright winner of the match. For example, the moneyline market currently looks like this:
|San Francisco 49ers
|Kansas City Chiefs
Odds are courtesy of BetMGM Sportsbook and are correct at the time of publication and subject to change.
The Super Bowl Spread
The Super Bowl spread is a type of bet offered by sportsbooks to even the odds between the favorite and the underdog. The favorite is given a certain amount of points handicap, while the underdog is given the same amount of points as a head start.
In order for a bet on the favorite to win they must win the game by more points than their handicap. For a bet on the underdog to win they must lose by less points than the head start given to them by the spread. If they win or tie the game, the bet also wins because of this head start.
|San Francisco 49ers
|Kansas City Chiefs
Super Bowl Totals or Over/Under
Totals bets are when you bet on whether the number of points scored in the game will be over or under a line that has been determined by the sportsbook.
For example, if you were betting on over 47.5 total points for the Super Bowl, you would need both teams combined scores to be greater than 47.5.
There are also total markets available for individual teams. In this case, you would only need a certain teams total points scored to be over or under the bookies stated line.
Super Bowl Prop Bets
Prop bets refer to those bets that dont relate directly to the outcome of the Super Bowl or the amount of points scored. They relate to specific events during the game.
Player prop bets are an extremely popular form of Super Bowl bet. For example, you may back Patrick Mahomes to throw over a certain number of yards, or whether or not Travis Kelce will score a touchdown.
Or, you can bet on what team scores the first touchdown or wins the coin toss, whether the game goes to overtime, and how long the national anthem is sung for.
Another example of a prop bet is who will win Super Bowl MVP.
|Super Bowl MVP Contender
Super Bowl Parlays
A feature offered by some sportsbooks, same-game parlay betting allows you to combine multiple markets on the Super Bowl, with all legs of the same game parlay needing to win in order for the bet to be a winner.
For example, a same game parlay could look like this:
By combining different bets on the Super Bowl, you get increased odds on the combination of individual lines. Remember, all legs of the same game parlay will need to win in order for your bet to payout.
In-Play Super Bowl Betting
Live betting is when you place bets on the Super Bowl while the game is taking place. For example, you may bet on the Chiefs to score the next touchdown, or the Ravens to score the next field goal.
In-play betting is brilliant, as it allows you to assess whats happening in the game before making your bet.
For example, if a team is winning by eight points due to an individual mistake, the odds on the other team will be increased, with you being able to bet on them from there.
Futures bets are bets placed on events happening in the future.
For example, if the Chiefs were to win the 2024 Super Bowl, you may place a future bet on them to win the 2025 Super Bowl via the 2025 Super Bowl futures market.
The odds of futures bet markets will often change as time goes on, with the odds becoming bigger or smaller depending on how well a team or player is doing.
Futures bets will have bigger odds to start with because the event youre betting on is happening far in the future, which makes it harder to predict what happens between now and then.
Enhanced odds bets are when the bookies increase the usual betting odds of a selection to a much higher value than it was before. At a big event like Super Bowl 58 most sportsbooks will be laying on plenty of boosted odds prop bets.
An example of an enhanced odds bet for the Super Bowl may look like this:
|49ers to score first
As you can see, enhanced odds bets are great as they allow you to bet on the same pick at higher odds than they were, allowing you to win more money in the process.
Enhanced odds will usually only be available to new customers, however, bookies will sometimes offer them to current users as well.
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