Super Bowl Betting

The Super Bowl is the biggest event of the NFL betting season as the AFC and NFC champions meet to determine who the best team in the NFL is this year. Besides being on of the most watched events around the world, sportsbooks report that it is one of the most wagered on events of the entire year. Find out about this year’s Super Bowl predictions and get the best Super Bowl picks on the web right hear at Jimmy Boyd’s LocksmithSportsPicks.com.

In order to maximize the action on the event, books offer a wide variety of betting options on the game. As with any other NFL game, you can bet against the point spread, on the money line, and the total.

The point spread is the number assigned by Super Bowl odds makers based on how many points they think a certain team will win by. The number is represented by a positive or negative number. The team that is assigned the negative number is considered the favorite (giving points) and the team assigned the positive number is considered the underdog (getting points), for example, if the odds are TeamA -7, they are favored by a touchdown, while TeamB +7, is an underdog of a touchdown. To win a wager on TeamA, they would need to win the game by more than 7 points, while a TeamB wager would win if they win the game outright, or lose by less than 7 points.

Betting NFL money lines is simply picking which team you think will win the game straight up, but the odds are adjusted based on the point spread and are normally based off of a $100 bet. For example, if you see a money line on the Super Bowl that is TeamA -260\TeamB +220, you would need to wager $260 on TeamA to win $100, while you could wager $100 on TeamB to win $220.

As for the total, this is betting on how many combined points will be scored in the game. The wager is on whether the total points will be more than (over) or less than (under) the estimated total points by the sportsbook.

While these basic bets are the most popular ways to bet on the Super Bowl, there are several more options to consider. Super Bowl futures and Super Bowl props have has gained a lot of popularity recently, mostly because they are a fun way to wager on non-traditional aspects of the game.

NFL futures betting is exactly what it sounds like, betting on what you think will happen in the future. Most frequently this is in the form of betting on who you think will win the Super Bowl. For example, before the season starts, if you think the Cincinnati Bengals are going to win the Super Bowl this year, you could bet them at +6000 or 60 to 1 odds. This means that if you were to wager $100 on this particular wager and the Bengals ended up winning the Super Bowl, you would be paid $6,000. As you can see, the risk is very high as there are so many teams to choose from each year, but the payout can be very rewarding.

Super Bowl proposition bets (called “props”, for short) are non-traditional bets on the big game. These can be fun, and sometimes down-right silly. Some examples of past Super Bowl prop bets include betting on heads or tails for the coin flip, the length, in seconds, of the National Anthem, or the number of times that the announcer will mention a certain word or person. These bets are good for sportsbooks because they get extra action on the game, and they are good for you because they are fun and sometimes profitable.