Betting on the Super Bowl Online
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Only one team has won a Super Bowl in its home stadium: Tampa Bay in Super Bowl LV. There have been six Super Bowl victories for both the New England Patriots and the Pittsburgh Steelers, which are the most of all teams. The San Francisco 49ers and Dallas Cowboys have both won five games.
Having lost five Super Bowls each, New England Patriots and the Denver Broncos share a record for the most Super Bowl losses. The Patriots have appeared in 11 Super Bowls, more than any other team. A few teams, such as Cleveland Browns, Jacksonville Jaguars, Houston Texans, and Detroit Lions, are yet to participate in the Super Bowl.
Why is the Super Bowl popular?
Following the legalization of online sports betting sites in more than 50% of the US states, Super Bowl betting reached record highs in 2021. Making a bet on sport online tournaments is as simple as opening an app on a smartphone. Millions of people place their wagers online at mobile-friendly sportsbooks.
However, it is not all about profits for sports betting operators. They invest so much in terms of marketing to target the growing number of sports fans who never miss matchups between, say, Cincinnati Bengals and Los Angeles Rams.
Bookmaker marketing is growing by the day, and the sudden legalization of sports betting in the country has allowed sportsbooks to register a massive customer base. Super Bowl 56 is the latest chance for gambling providers to sell themselves to avid punters.
In a bid to compete for customers, bookies offer irresistible promotions in the form of bonuses. The availability of free bets, demo games, and additional credits for betting on sport leagues have also contributed to the popularity of the game.
How to bet on the Super Bowl
As the Super Bowl season approaches, the first two teams are announced, and sportsbooks start releasing their lines. These lines are not fixed or final. Sports betting operators provide all possible betting options and allocate odds for the list of sports tournaments.
Odds to win super bowl are subject to changes until right before an event kicks off. When the odds are set at a better price, it is advisable to take them immediately before the line moves.
Types of bets
There are many ways to bet on the Super Bowl:
- The total combined score
- Which team will win the game (Moneyline)
- The team that covers the point spread
- Entertaining props
- Multiple bets on one slip (Parlays)
Players can either bet on the next NFL event or wager as the game unfolds (in-play or live betting). Moneyline is the most popular type of football bet. Punters simply need to select a team that will emerge as a winner in the Super Bowl.
The straight-up bet is based on NFL odds. At any credible online bookie, the Superbowl odds are highlighted as Cincinnati Bengals +105, Los Angeles Rams -115, and so on. The negative sign (-) is always used for favorites, while the positive sign (+) is always assigned to underdogs.
One of the instant payment methods at online sportsbooks is cryptocurrency. Withdrawals may take a while, especially when every winner is trying to cash out. Most importantly, gamblers must not bet more than they can afford to lose. It is advisable to wager small amounts several times than stake down a considerable sum at a go.