How to Bet on the Super Bowl

The most popular football event is coming up in just 9 days but between the San Francisco 49ers and the Kansas City Chiefs. Yes, we are talking about Super Bowl LVIII which will take place on February 11, 2024 at 6:30 PM ET. For those new to football betting, betting on the Super Bowl LVIII may seem like a complicated endeavor. However, our football betting tutorial on How to Bet on the Super Bowl will make it much simpler.

How to Bet on the Super Bowl in 10 Minutes or Less

Betting on sports is all about the sports betting odds. Thus, in this tutorial we will go over how to read them and how to bet on them. However, you must first open a sports betting account with a sportsbook. So here is how to do it.

• 1.       Choose a Sportsbook – To find a sportsbook, go to Sportsbooksos.com to find sportsbook reviews
• 2.       Create a Betting account with them
• 3.       Add money to your account
• 4.       Go to the NFL odds and choose what bet to make
• 5.       Place your bet
• 6.       Withdraw your winnings!

So now that you know how to place your Super Bowl Wager, here is how to read the lines and the types of bets available.

Here are the current Super Bowl LVIII Betting Odds

Team	Pointspread	Total	MoneyLine
San Francisco 49ers	-2 (-110)	O 47.5 (-110)	-130
Kansas City Chiefs	+2 (-110)	U47.5 (-110)	+110

 

At first glance it, may seem difficult to understand but trust us, it’s not. And yes, before you ask, the bookmakers do not make these numbers out of thin air. They actually use a lot of data to come up with these odds. That is why it is important to look at Super Bowl LVIII Betting Updates to increase your odds of winning.

Betting on the Super Bowl Money Lines

Betting on the moneyline is the most basic Super Bowl bet you can make. This is because you are just betting on who will win the game.

In this example of Super Bowl moneyline odds, San Francisco is a -130 favorite. This means that bookies think they have better chances of winning. This means that for every dollar you want to win you have to wager $1.30.

On the other hand, the Chiefs are a +11 moneyline underdog, which means for every $1 risked, you could win $1.10. Whichever team wins the game outright will be the moneyline winner.

How to Bet on the Super Bowl Point Spread

According to football betting experts, the point spread is the most popular want to bet on football. The pointspread is what sportsbooks think the margin of victory of the game will be. Thus, the favorite is indicated by a negative value (-) in front of the spread, and the underdog is indicated by a positive value (+) in front of its spread.

For the favorite to cover the spread, it must win by more than the point spread. And, for the underdog to cover, it must win outright or lose by less than the spread.

According to Super Bowl LVIII previews, the handicappers believe that the point margin will be 2. Therefore, if you bet on the 49ers on the point spread, they have to win by 2 points or more. If you bet on the Chiefs, they have to lose by 2 points or less or win the game.

Betting on the Super Bowl Totals

Betting on the total or over/under is just as easy. You are basically betting on whether the final total score will be above or below a certain number. In this case, you betting on whether the finals Super Bowl score will be over or under 47.5.

The Vig or Sportsbook Commission

Last but not least is understanding the vig or the commission that sportsbook charges to to take your bet. When you look at the Super Bowl, Odds, you will see a second number behind the odds. This is the Vig. In most cases, you will see the number as -110. This means that if you win the bet, the sportsbook will charge 10% of your bet as their commission. If you see a different number like -105, it means they will charge a 5% commission.

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