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Super Bowl Odds 2024: Best Super Bowl Betting Odds & More
Super Bowl Odds 2024: Best Super Bowl Betting Odds & More
The Kansas City Chiefs have been installed as the favorites in the Super Bowl odds after their victory over the Eagles in February in last year's Super Bowl. However, the Eagles have strengthened in the offseason, so they will provide fierce competition once again for Kansas City. The Buffalo Bills, San Francisco 49ers and Cincinnati Bengals all look dangerous too, while some experts have gone for the New York Jets and Aaron Rodgers when making their Super Bowl predictions.
Affiliate Disclosure: At USA TODAY, we want to ensure that players are matched with the right casino and sportsbook offers for them. For this reason, some of the recommended site links are affiliate links. This means that if you visit a website through our link and make a deposit, Gambling.com will receive a commission payment at no extra cost to you.
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Affiliate Disclosure: At USA TODAY, we want to ensure that players are matched with the right casino and sportsbook offers for them. For this reason, some of the recommended site links are affiliate links. This means that if you visit a website through our link and make a deposit, Gambling.com will receive a commission payment at no extra cost to you.
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It promises to be another entertaining season, and you can heighten the fun by betting on Super Bowl futures. This guide will explain how to read Super Bowl betting odds. We will also explain the various betting options available on the big game, so keep reading for a detailed guide to the odds for Super Bowl 58.
First things first. If you are wondering how to bet on the Super Bowl, you need to learn how to read odds. The Super Bowl odds will be displayed in the American format at the best Super Bowl betting sites, so they will start with a plus or a minus.
For example, the Eagles were the -130 favorites to beat the Chiefs at Super Bowl 57, while the Chiefs were the +110 underdogs in theNFL odds on that game.
When the odds start with a minus, they tell you how much you would need to risk in order to generate a profit of $100. For instance, a $130 bet on the Eagles at -130 would have netted you a $100 profit. You get your bet amount back when you win, so your total return would have been $230. The figure is just a guide, so you can bet any amount you like. For example, a $10 bet on the Eagles at -130 would have resulted in a $7.69 profit.
If the odds to win the Super Bowl start with a plus, the figures highlight the profit you would earn from a $100 wager. A $100 bet on the Chiefs at +110 would have netted you a $100 profit, and your total return would have been $210. Once again, you can bet any amount you like on those odds to win the Super Bowl. For instance, a $10 bet at +110 would have resulted in an $11 profit.
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Super Bowl Future Odds
Sportsbooks release NFL futures odds on each team’s chances of winning the Super Bowl before the regular season begins. At this point, all the Super Bowl winner odds will start with a plus. They start with the favorite – the Chiefs at +650 – and grow progressively longer as you work your way down the list. For example, the Green Bay Packers at +6600, the Las Vegas Raiders at +8000 and the Arizona Cardinals at +20000.
These odds to win the Super Bowl change as the season wears on. If a team goes on a winning streak, its odds of winning the Super Bowl normally shorten. When a team starts losing or a key player is injured, its odds to win Super Bowl glory lengthen. You can keep betting on these future odds for Super Bowl success until the big game is about to begin.
Chiefs quarterback Patrick Mahomes (15) holds the Lombardi Trophy after defeating the Philadelphia Eagles in Super Bowl LVII. (Photo by Joe Rondone/The Republic/USA TODAY NETWORK)
How Super Bowl Odds Work
Super Bowl odds provide two useful pieces of information: the profit you would earn by placing a successful bet and the implied probability of the bet succeeding. For example, when the Chiefs’ odds of winning the Super Bowl were +110, it explained that a $100 bet would generate a $110 profit. It also explained that they had a 47.6% implied probability of success. If you felt that their chances of winning were actually better than 50/50, a wager on the Chiefs would have been attractive.
Favorites
The sports betting apps will weigh up the relative strengths and weaknesses of each team before setting their odds on the big game. They will determine which team they believe to be the strongest, and that team will become the moneyline favorite. On rare occasions, the teams will be very evenly matched, so you will find identical odds on either team. That is known as a pick ’em. However, there is normally a favorite and an underdog.
The underdog will typically have plus odds, whereas the favorite will have minus odds. For example, the odds on Super Bowl 56 made the LA Rams the -200 favorites and the Cincinnati Bengals the +165 underdogs. The Bengals were assigned longer odds of winning the Super Bowl, so you would have earned a larger potential profit by betting on them.
Super Bowl Opening Lines
The best betting operators publish lines – a point spread, total points line and moneyline – on the Super Bowl within hours of the conference championships ending. They are known as the opening lines. These lines often move in the build-up to the Super Bowl, as the sportsbooks respond to public betting patterns.
For example, the Chiefs were -115 favorites and the Eagles were -105 underdogs in the opening lines for Super Bowl 57. However, more action went on the Eagles, so they eventually became the -130 favorites, while the Chiefs drifted out to +110 and started the game as the underdogs.
Super Bowl Consensus Lines
This term is used to describe the most commonly available lines at the top sportsbooks in the country. For example, if most sportsbooks make the Rams the 3.5-point favorites against the Bengals and have the over/under line at 49.5 points, they are the consensus lines. However, some sportsbooks will go against the consensus, and you can find value by visiting those sites.
What Types of Super Bowl Odds Can I Bet On?
The most common Super Bowl betting options are the point spread, the total points line and the moneyline. However, some props are also very popular, such as the Super Bowl MVP odds, the winner of the coin toss and the number of yards (over/under) each QB will throw for. As explained in our how to bet on sports guide, these are the most popular betting options on football games.
Most Popular Super Bowl Bets
Point Spread: The point spread arises after the sportsbooks assign a handicap to the team that they believe is stronger. It allows them to offer similar odds on either team covering the resulting spread. For example, you could find -110 on Philadelphia -1.5 at Super Bowl 57, meaning they would have needed to win by 2+ points. You could also take -110 on Kansas City +1.5, meaning they could win or lose by a single point.
Moneyline: This is a simple prediction on which team will win the Super Bowl. The sportsbooks will offer odds to win Super Bowl 58 on each team after the conference champions are revealed. You do not need to make Super Bowl predictions on the winning margin or how many points will be scored. Simply state which team will win the game.
Over/Under Point Total: The sportsbooks will set a total points line for the Super Bowl, such as 49.5 points. You can then guess whether the total points scored in the game will stay under that line or go over it. There are normally identical odds on Super Bowl for “over” and “under” – such as -110 on over 49.5 points and -110 on under 49.5 points. However, you will also find alternative totals, which cause the odds to shift, and team totals.
Parlays: Traditional NFL parlays combine two or more picks on separate games. You can parlay a Super Bowl bet with other sporting events, such as a three-leg parlay featuring the Chiefs to cover the spread in the Super Bowl, the LA Lakers to cover in an NBA game and the Carolina Hurricanes to win an NHL game. Bettors can also create same-game parlays on the Super Bowl, such as the Chiefs to win, over 49.5 points and Patrick Mahomes to rush for over 19.5 yards. Each leg must win for the parlay to succeed.
Prop Bets: The best sportsbooks offer hundreds of NFL prop bets on the Super Bowl. These bets focus on game events, player stats, team stats and novelty markets. They include Super Bowl MVP odds, anytime touchdown scorer markets, first touchdown scorer, the winner of the coin toss, the result of the first scoring play, the color Gatorade dumped on the winning coach and so on.
Kansas City Chiefs wide receiver Kadarius Toney (19) scores a touchdown against the Philadelphia Eagles during the fourth quarter in Super Bowl LVII. Among the live betting options on Super Bowl odds are props such as next TD scorer. (Photo by Joe Rondone/The Republic/USA TODAY NETWORK)
Live Betting on the Super Bowl
Live betting on the Super Bowl will get underway as soon as the game begins. Sportsbook will update their lines and odds for Super Bowl on markets such as the point spread, moneyline and total points line as the game develops, reflecting the score. You can bet in-play on props such as Super Bowl MVP odds, next touchdown scorer and more.
First-Half Lines: Before the game begins, you can bet on markets such as the total points (over/under) for the first half, a point spread for the first half and the team that will lead at half-time. Some sportsbooks will update their betting odds Super Bowl on these lines throughout the first half.
Second-Half Lines: You will often find second-half lines published at half-time when you visit the best sportsbooks. For the purpose of these markets, the score is essentially 0-0, and you can predict the total points (over/under) in the second half and which team will come out on top.
Where to Find the Best Super Bowl Odds
We have reviewed every licensed online sportsbook that offers Super Bowl odds. Our experts decided that these are the top six Super Bowl betting sites, and each offers lucrative sportsbook promo codes:
1. BetMGM
BetMGM is an elite sportsbook that offers great features, a quality user interface and competitive Super Bowl odds on a wide range of markets. If you are looking for the best odds to win Super Bowl, you will find market leading prices on several teams at BetMGM.
The BetMGM bonus codeUSATODAY will earn you up to $1,000 back in bonus credits if your first football bet loses. You will receive a variety of additional Super Bowl betting bonuses at this online sportsbook, too.
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2. Caesars Sportsbook
This is another great online sportsbook for football fans. It is the only regulated sportsbook in the United States that offers live NFL streaming, and it provides a huge selection of prop bets on the big game.
The Caesars Sportsbook promo code USATODAYFULL will award you up to $1,250 back as a bet credit if your first football wager loses, plus 1,000 points for the Caesars Rewards program and 1,000 Tier points. There are all sorts of additional promos for the Super Bowl as well, and it is the best source of Super Bowl odds boosts.
FanDuel is the No. 1 Super Bowl betting site in the country in terms of market share. It is easy to see why this sportsbook is so popular, as it offers a very smooth and reliable user experience, attractive Super Bowl odds, very quick payouts and great promos.
The FanDuel promo code awards new users a No Sweat First Bet up to $1,000. There will be various promos for existing FanDuel customers too, including contests, Bet & Get bonuses, boosts and much more.
DraftKings is another popular online sportsbook with a terrific football betting section. It is renowned for offering early NFL lines, loads of markets and some of the best odds to win Super Bowl glory in the business.
The DraftKings promo code will earn you a Bet $5, Get $150 bonus, which earns you six $25 bonus bets as a reward for placing a simple $5 football bet. You will also be able to enter various Super Bowl contests at DraftKings.
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5. WynnBET
WynnBET is a great Super Bowl betting app for beginners, as it is very user-friendly. It does not offer Super Bowl odds on as many markets as some rivals, but WynnBET makes the wagering process very quick, simple and efficient, and the odds are very competitive.
The WynnBET promo code XUSATODAY will provide you with a Bet $20, Get $100 bonus. You can qualify by placing a $20 football bet at minimum odds of -120, and you will receive two $50 bonus bets in return, no matter the result of your $20 bet.
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6. BetRivers
BetRivers offers hundreds of Super Bowl betting options, which are laid out in an accessible format. If you look at the current Super Bowl odds, you will see that it has market beating futures on many of the teams, while BetRivers also offers quicker payouts than rivals, along with great customer support.
The BetRivers promo code is a second-chance bonus bet offer. The size of the rebate you can receive will depend on which state you are in, but it will always have a simple 1x rollover requirement.
It is easy to bet on the current Super Bowl odds if you sign up with one of our recommended NFL betting apps. Just follow these steps:
Click “BET NOW” next to one of the sportsbooks featured on this page. It will open your chosen sports betting site and automatically activate the promo code, earning you the best welcome bonus.
Open the sign-up form and fill in your name, address, date of birth, phone number, email address and last four SSN digits. There may be a “Promo Code” section, and the code should be displayed if you used our link. If not, type it in, such as USATODAY at BetMGM.
Agree to the sportsbook’s T&Cs and complete the form. The sportsbook will need to run KYC checks, and most new customers will be automatically verified straight away. However, you may be required to upload supporting documents, such as a driver’s license and potentially a household bill too, in order to complete the verification process.
Make a deposit in the online cashier. The minimum deposit is normally $10, but it is $5 at some sportsbooks.
Visit the football section and select NFL as your chosen league. Choose the “Futures” option to bet on the Super Bowl winner at any time in the season and you will see the odds on each team. If the big game is imminent, you will see the Super Bowl odds as soon as you visit the NFL section. Click on any market to add it to the betslip. Type in your bet amount and confirm the wager.
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You can bet on the Super Bowl MVP, the champions and hundreds of other wagers at top sportsbooks. (Photo by Kirby Lee/USA TODAY Sports)
States With Super Bowl Betting
More than 20 states and the District of Columbia now offer online Super Bowl betting. Some states do not yet have legal online sports betting industries, but you can bet in-person on the Super Bowl at retail venues. Kentucky betting apps as well as Vermont and North Carolina betting apps should soon introduce regulated online Super Bowl betting, as they have all recently passed laws that legalize online sports wagering. The chart below shows the current states that permit online Super Bowl bets:
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Get the Best Super Bowl Odds Today
We recommend registering with multiple online sportsbooks in your state before betting on the Super Bowl. That will allow you to shop for the best odds to win Super Bowl 58, which will maximize your profits when you win. It will also ensure you earn all the best sign-up bonuses. Just hit the “BET NOW” link next to any of the Super Bowl betting sites we have recommended to grab the best welcome promo today.
Super Bowl Odds FAQs
The Kansas City Chiefs are the +650 favorites with BetMGM in the current Super Bowl odds. They beat the Philadelphia Eagles 38-35 in Super Bowl 57, and many experts making Super Bowl predictions expect them to defend their title. However, the Eagles remain Super Bowl contenders after strengthening and the Buffalo Bills are +900.
The Chiefs are favored to win Super Bowl LVIII after their victory over the Eagles in February 2023. BetMGM has market leading Super Bowl winner odds of +650 on Kansas City. The Eagles are next at +800 in the betting odds Super Bowl, followed by the Bills (+900), the San Francisco 49ers (+1000) and the Cincinnati Bengals (+1100).
Super Bowl betting odds will start with a plus or minus symbol. When betting odds Super Bowl begin with a plus, they highlight the amount you would win from a $100 bet. If the odds on Super Bowl begin with a minus, they explain the amount you must wager to earn a $100 profit.
The Chiefs are the +350 favorites to make the Super Bowl by winning the AFC, followed by the Bills (+500), Bengals (+550), New York Jets (+1100) and Baltimore Ravens (+1200). The Eagles are the +330 favorites to reach a second consecutive Super Bowl by winning the NFL, followed by the 49ers (+425), Dallas Cowboys (+650) and Detroit Lions (+1000).
Affiliate Disclosure: At USA TODAY, we want to ensure that players are matched with the right casino and sportsbook offers for them. For this reason, some of the recommended site links are affiliate links. This means that if you visit a website through our link and make a deposit, Gambling.com will receive a commission payment at no extra cost to you.
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Live Streaming
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BetMGM Sportsbook, also referred to as the "King" of Sportsbooks, has cemented itself as a candidate for the top spot. Available to bet in every legal state, BetMGM has one of the most lucrative welcome offers in the market
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The code required to claim this sign-up bonus (if any)
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Fanduel, who is owned by Flutter Entertainment, has really proved why they're the people's favorite sportsbook. With its trouble-free platform, it allows bettors to find their exact needs effeciently. Whether it's cross sport parlays, futures, or live bets, Fanduel has it all for you to get in on the action.
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Odds powered by Kambi Group, BetRivers Sportsbook contains a vast catalog to bet on. It also includes a promotion list that is one of th biggest on a daily basis. To top it all off, it is one of the few sportsbooks that will pay you instantly when you withdraw
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YES
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YES
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YES
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Caesars Sportsbook, previously known as William Hill, has climbed the ranks of the US market with their new technology and platform. Their exclusive partnership with the NFL, makes them the only sportsbook to watch games on their app.
Gannett may earn revenue from sports betting operators for audience referrals to betting services. Sports betting operators have no influence over nor are any such revenues in any way dependent on or linked to the newsrooms or news coverage. See applicable operator site for its terms and conditions. If you or someone you know has a gambling problem, help is available. Call the National Council on Problem Gambling 24/7 at 1-800-GAMBLER. Must be 21 or older to gamble.
Sports betting and gambling are not legal in all locations. Be sure to comply with laws applicable where you reside.
Martin Green spent five years working at William Hill before becoming a journalist in 2009. He began working as a sports writer and professional tipster in 2014.
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