Legal Super Bowl Betting
As the picture of sports betting in the country becomes clearer and clearer each week, so do the increased options for legal Super Bowl betting. Only a handful of states have moved forward with laws supporting a legal sports betting industry; however, there are actually many other methods for betting on sports than you may have imagined. It doesn’t matter if you are a first-timer or an experienced gambler, there is always more information to know and explore.
In this guide, you will understand the basics between betting on the Super Bowl with an online betting site and through the licensed sportsbooks popping up amongst the country. Now that PASPA has been repealed by the Supreme Court, many gamblers are excited about their options but have no clue what all of the changes will entail. That is where we come in. With our help, you should confidently be able to wager on the big game, know exactly how to deposit and withdraw your money from your sportsbook account, and understand the benefits of mobile and live (in-play) wagering.
Current Super Bowl 54 Betting Odds
Poised to be a leader in the league for many years to come, Patrick Mahomes and the Kansas City Chiefs are the favorites to win Super Bowl 54. This finally breaks the trend of the New England Patriots being the favorite heading into the start of the season, well, sort of. The Patriots are tied with the Chiefs (+700). The NFC Champion Rams come in third, with odds (+900) tied to their new rival, the New Orleans Saints. These odds will constantly update throughout the season, so be sure to check back with us here at LegalSportsBetting.com for the most up to date information.
Can I Legally Bet On The Super Bowl?
Because there are no federal restrictions to legal sports betting in the United States, betting on the Super Bowl is in fact legal. The spread of legalization is occurring quickly, as over a fifth of all states have established rules and regulations. As we progress forward in the post-PASPA years, we should expect to see betting options widespread throughout the country in more than half of the states. If your state is one of the anti-gambling ones, or has not yet made progress towards legalization, there are still viable options for you.
Consider using an offshore betting site to host your Super Bowl betting needs. These sites, as long as they are located outside of the country, are legal to use for US players. The majority of states permit online gambling but be sure to check on the site’s terms and conditions page for any restrictions. We recommend using BetOnline, SportsBetting, 5Dimes, and Bovada, as these operators have been in business for many years, proving their excellent customer service and reliable banking options.
What Differences Should I Expect Betting Online Vs Land-Based?
Aside from convenience, there a few differences when it comes to the sports betting lounge experience vs the online option. Land-based sportsbooks are only available in the legal sports betting states but can provide many betting options for the Super Bowl. Depending on the casino/racetrack, you will be able to place your wagers, while enjoying multiple TVs displaying live games and odds.
If you are looking into the online sportsbook method, you should expect the lines, bonuses, and extra features to more than make up for the missing lounge experience. Often, these online sportsbooks will post different lines that you have the ability to shop, ultimately earning you the better payout. With land-based sportsbooks, you are stuck with the only set of odds presented to you. When joining an online sportsbook, you will also be granted with a deposit bonus, often up to 100% of your bankroll. Local books cannot compete with these offers, as their overhead costs are much higher than their online counterparts.
Also prepared to be accustomed to having more betting lines at your disposal. Every state is under a different set of regulatory standards that may prohibit select styles or sports available to be wagered on. Offshore betting sites do not have any restrictions and will often post upwards of 2,000 lines every day. When it comes to betting on the Super Bowl, you can be sure to find various prop bets and other bets to entertain yourself for hours.
Legal Deposit Methods For Super Bowl Betting
When depositing with an online sportsbook, there are a handful of deposit options to choose from. Make sure to do your research before the countdown of the Super Bowl because some of the deposit options may take a few days to process. If you use your credit card or cryptocurrencies like Bitcoin, your deposit is usually instant, having you ready to wager in no time. Be sure to check with each site before depositing, as bonuses and deposit fees may be in a disclaimer somewhere. Other options may include Money Orders, wire transfers, and cashier’s check.
When visiting a state-licensed sportsbook, usually cash is king. Some venues will allow you to use a credit card, PayPal or PayNearMe, but make sure to stop by the ATM before visiting to be safe. The land-based sportsbooks also may have an online sportsbook that you can sign up. Depending on the state, you might be required to sign up and/or fund your account from casino grounds only. These sites have their own established deposit options – just ask a cashier if you have a different method you want to use.
Super Bowl Betting Strategies
After you get your account funded, it is important to actually know what to do with your money. While there is no guaranteed gambling strategy, it is vital that you have a plan when you are ready to put action on the betting board. We will go over the three easiest betting styles to get your strategy on point: betting the spread, taking the over/under, or selecting the moneyline. If you have ever watched a sports coverage, it is likely you have heard of one or more of these, but we will review them, just to make sure you leave this page confidently.
Betting On The Super Bowl Spread
The spread is just a handicap for teams that are playing each other. If we take Super Bowl 53 as an example, the Patriots were favored by 2.5 points. This meant that the Pats had to win the game by at least three points to cover the spread. From the Rams perspective, at 2.5-point underdogs, a winning wager on them would have required the Rams to win the game, or lose by less than 3. The betting line looked like this:
– Los Angeles Rams +2.5 (-110) vs New England Patriots -2.5 (-110)
The favorite is indicated by a minus (-) sign while the underdog is always represented with a plus (+) sign. The cost of the wager, (-110) in this example, is generally the standard across all betting boards. This indicates a ratio, which we will discuss further, below.
Taking The Over Or Under On The Super Bowl
When it comes to another easy wagering option, you can choose the points total bet, also known as the over/under. In this straightforward method, all you must do is determine if the actual final score will represent a number higher or lower than the projected total. Like the spread, every game will post a points total, which will look something like this:
– Los Angeles Rams vs New England Patriots O/U 59.5 (-110)
Here, all you must do is select whether the score is likely to be over or under. Many bettors won a lot of money taking the under on this line, as the Patriots and Rams combined for a total of 16 points, reflecting a major difference from the highest ever Super Bowl over/under. Like spreads, these projections can be whole numbers. In the event of the projected total and the actual score being the same, all of your money on this wager would be refunded, to what is called a “push”.
Selecting The Moneyline On The Super Bowl
The moneyline is just a fancy way of saying you are going to bet on who is going to win the game – regardless of by how many points or the number of total points scored. To make the books even, sportsbooks will adjust the standard moneyline (-110) to something that reflects the outcome. For example:
– Los Angeles Rams (+125) vs New England Patriots (-140)
Remember, the plus and minus? They are the same here as they were for spreads… the Patriots are favored. When taking the moneyline on the favorite, the number is a ratio for how much you must wager in order to profit $100. Here, a $140 wager on the Patriots would return to you as $240 (the original wager plus $100) should the Pats win. For the underdog, all you have to do is reverse it. Betting $100 on the Rams would result in a payout of $225 (the original wager plus $125). Keep in mind that these are just ratios, as you can bet as little or as much as you’d like – as long as you fall within the sites’ different minimums and maximums.
Other Ways To Legally Bet On Super Bowl
Probably the most notable style of betting around Super Bowl time is prop betting. Whether you are betting on the team or player prop bets for the Super Bowl, both online operators and land-based sportsbooks will have multiple options for you. Again, the offshore sites are bound to have hundreds of more opportunities, but that is up to you with what you want to do.
Prop betting is similar to the three styles above, but your focus is solely on one aspect of the game. Instead of choosing a winner or the points scored, you will have choices like how many yards the QB will throw for, how many touchdowns will be allowed, if a fumble will occur, how far the longest field goal is, what the length of the longest completed pass is, etc. With so many options, make sure to do your research well ahead of time before trying to lock in a prop bet. Though the majority of them are simple yes/no questions with the standard cost, others may be more difficult options, such as will a team record a safety, which would see odds as high as “+300” for yes.
A final betting strategy we will discuss is futures betting. In this style, you simply choose a season-long question, such as who will ultimately win the Super Bowl. Taking a flyer from the start of the season or jumping on a team after a losing streak will result in higher payouts, as the odds are updated every week. The closer to the event (or end of the season) the worse the odds will become for you as the playoff picture is more than underway. Futures betting also creates a wonderful opportunity for hedging your bets.
Mobile Betting On Super Bowl
Continuing off of the lessened wagering options, there are also mobile restrictions * * that are in line with state-operated sportsbooks thanks to the Wire Act. In short, this prevents your local book from accepting your wager should you not physically be located in the state, even if you are betting from your phone on the Super Bowl. Some states have even taken it a step further and won’t allow the book to accept your wager unless you are on the casino grounds.
This restriction isn’t present with offshore sportsbooks, who have their own mobile betting platforms. Their mobile-optimized webpages will allow you to do anything you would be able to do from their main webpage: review lines, fund your account, and even place action. Best of all, you can be located in any state (though some books have certain states prohibited) and not have to worry about your travel plans.
Super Bowl Live Betting
If the game is getting out of hand or you have your bets in but are still itching for some action, you can always look into live, or in-play betting. Instead of taking the odds at the beginning of the game, you can determine how you want to bet once the game has begun. You must be quick with your wagers, as the betting lines are changed with every changing play. Options for live betting on the Super Bowl include spreads and totals by the quarter, half, or game, as well as prop bets such as who will score the next touchdown, what the result of a drive will be, or even what the exact winning margin will be. These betting options are available on every game, but for the Super Bowl, they generally post more than the standard amount.
Super Bowl Betting FAQs
How Do I Sign Up For Legal Online Betting Sites?
Creating an account is always free with the licensed offshore operators that are favored amongst online gamblers. The process to sign up is as easy as signing up for a standard membership like Spotify, Hulu, or Pandora. Insert some information, fund your account, and get started – it’s really that simple. Be advised that to collect your winnings, you will have to verify your address and information. We advise doing this when you first sign up; therefore, you are not waiting on approval first before you can receive your money.
Can I Shop Lines On The Super Bowl?
We encourage shopping lines no matter what sport or event you are wagering on. Shopping lines is simply reviewing the odds across multiple platforms to discover the best situation for yourself. As we posted the odds to win the 2020 Super Bowl above, we came across multiple sportsbooks that posted very different odds. For example, one sportsbook had the Patriots +450, while another had them at +900 to win the Super Bowl. These differences may account for much higher payouts (or much-lessened risk).
How Do I Receive My Winnings From Betting On The Super Bowl?
If you are to venture to a land-based sportsbook, cashiers will be located along the sides of the facility. Some venues also have self-service machines that can grade wagers or allow you to mail in your winning ticket as well. They will pay you in cash, but if you are betting with an offshore site, there are a variety of payment types. Aside from cryptocurrency, you can receive your winnings through Money Orders, check, or bank wires. Each site has different timeframes and (potential) fees, so be sure to check into all your options first before requesting a withdrawal.
What Is The Best Bonus Offered For Super Bowl Betting?
This all comes down to preference and your situation. New members, for example, are always rewarded with a first-time deposit on basically every single sportsbook you choose. Other sites will also allow you to have free mobile wagers, a risk-free betting option, or membership reward programs to join. However, it all comes down to what you are looking for. Be sure to read through all of the promotion’s terms and conditions, as some set standards for expiration dates of free play or policies about withdrawing.
How Old Do I Have To Be To Bet On The Super Bowl?
The minimum gambling age is actually determined on the state level, not the federal level. In other words, there is no set betting age across the country. However, the majority of states have adopted the policy that bettors must be 21 when taking action on sporting events. There are a handful of states that also permit sports betting at age 19. With this, check out our Legal Sports Betting Age By State page for more information.