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One of the biggest sporting events in the US is the Super Bowl. Fans, both casual and hardcore, watch the Super Bowl and see the two strongest teams of the current season duke it out one last time to determine the champion. In fact, Super Bowl day is treated as a holiday by many, even making plans to not go to work and holding a watch party in their houses.
But for some, the best part of the Super Bowl is getting a few hundred richer by betting on it. This day is also a big day for casual and veteran bettors alike because this is where big money comes in.
If that alone convinced you to bet on the Super Bowl, then you’re in luck. In this article, we will be talking about everything you need to know about betting on the Super Bowl. From the different types of bets you can wager on to the step-by-step method on how to bet on it in your local sportsbook, you will learn many things as a beginner.
What is the Super Bowl?
If you already know what the Super Bowl is, go ahead and skip to the next section. But if you are not sure what this prestigious sporting event is and how it works, feel free to stay here.
The Super Bowl is a yearly football event where the champion of the NFL will be decided. The NFL is split into two conferences, namely the National Football Conference and the American Football Conference. And it is an annual matchup to potentially win some money in support of your favorite team through offline vs online betting.
Each conference is divided into four divisions: west, east, north, south. Before the Super Bowl, each conference will each have its seasons until only one team will remain in each conference. After that, those two teams will have a tournament championship every February in the Super Bowl. Just one game, and the winner takes all for the NFL championship.
That said, there are a lot of types of bets you can wager in the Super Bowl. From Moneyline betting to Super Bowl Prop Betting, there are bets that are more complicated than the others. Let’s discuss the basic ones.
This year the Los Angeles Rams face the Cincinnati Bengals in Super Bowl LVI.
Moneyline
Moneyline is one of the easiest bets to understand. All you have to do is guess who you think the champion will be. Your winnings will, of course, be based on the odds set out by the sportsbook. There will also be a favorite and an underdog. Just like other forms of sports betting, the underdog typically has a higher payout than the favorite.
Spread Betting
Spread betting is a type of wager where you will bet on the team’s performance against its expectation. The sportsbook will determine how many points the favorite will win. If you bet on the favorite and finish with more points than the sportsbook’s line, you win. However, if you pick the underdog and they finish with fewer points than what the sportsbook set out, or the underdog straight up wins, then you win the bet.
Totals Bet
The totals are divided into over and under. It’s a bet where you’ll have to guess how many points will be accumulated by both teams at the end of the game. What’s best about this type of bet is that it doesn’t matter which team will win the game.
If you bet on the over, then that means you believe that the game will end up with more points than what the sportsbook expected. If you believe it will be less than that, you should bet on the under.
Now that you know the basic types of bet you need to know in the Super Bowl, here’s a step-by-step method on how to bet on it.
- Decide Your Bet – You can choose different types of bets in the Super Bowl, as mentioned just now. So before you go ahead and bet, ensure that the bet you choose is something you know and likely win.
- Decide How Much You Want to Bet – Online Super Bowl betting sites mostly let you decide how much you want to bet with, from a few dollars down to a hundred. If you’re new to this, it’s safe to start small to get your feet wet.
- Open Up an Account – There are a lot of online sportsbooks on the internet, and if you find a reputable one, you can go and create an account with them.
- Make a Deposit – After creating an account, you can deposit online. There are plenty of ways to do so, so pick one convenient method for you.
- Pick a Bet – After depositing, you can navigate to the Super Bowl section and pick the type of bet you want to wager in. You can adjust the amount of money you want to bet, so it’s up to your discretion.
- Confirm that the Information is Correct – After inputting everything, you will be given a virtual betting slip. Just like in real life, confirm that everything is correct. If they are, then you’re ready to go.
Final Words
The Super Bowl is a big yearly event, and if you’re a huge NFL fan and a bettor at heart, then it’s a sporting event you should not miss. The Super Bowl on its own is fun and exciting to watch. But if you want your viewing experience to be more exciting and thrilling, then betting on it is a surefire way to make your experience spicier.
