Looking for the easiest Super Bowl 54 bets? You’ve come to the right place.
Betting on the Super Bowl is one of the best places to begin betting on football. There are many different types of wagers available, making it a great opportunity to get the lay of the full betting landscape with a single event.
We won’t let you wander into the football betting wilderness alone, of course. We’ve developed this handy Super Bowl betting guide to help you get acquainted with NFL betting, generally, and lay some simple wagers on Super Bowl 54. Now that the match-up is set (the Chiefs and 49ers will be squaring off at the Hard Rock Stadium in Miami on Feb. 2), we can use some concrete examples to make things clearer.
But first things first. Let’s start with some classification.
Types of Bets
Every football bet can be classified in one of three categories: moneyline, against the spread, and over/under.
1. Moneyline Betting
Betting on the moneyline is the easiest Super Bowl bet you can make. Quite simply, you bet on which team will win the game “straight up.” You don’t have to worry about margin of victory. If the team you bet on wins, you win your bet!
Current Super Bowl 54 Moneyline Odds
|Kansas City Chiefs||San Francisco 49ers|
You might be saying to yourself: “That’s very simple. Why doesn’t everyone bet on the moneyline?”
Because the payout is lower if you bet on the favorite, and you don’t get the advantage of the spread if you bet on the underdog. Sportsbooks aren’t going to reward you the same way for picking a massive favorite to win. They will, however, reward you handsomely if you correctly pick an underdog.
Let’s use this year’s Super Bowl as an example again.
The Chiefs’ moneyline is -125 at the moment. (Hey, that style of number looks familiar!) That -125 number indicates that, if you bet Kansas City to win, you have to wager $125 to win $100 for a total payout of $225. The 49ers’ moneyline, on the other hand, is +105.
The plus-sign changes everything! When preceded by a plus-sign, the moneyline indicates how much you’ll get back if you bet $100.
So, if you wager $100 on San Francisco at +105 and they upset the Chiefs (by whatever score), you’ll walk away with $205 — your original $100 bet plus $105. (For all intents and purposes, the favorite is always listed at a negative number and the underdog at a positive number.)
You don’t have to wager $100, of course. You can wager any amount (though sportsbooks do have upper and lower limits). If you cut your bet in half and put $50 on the 49ers +105, you’d go home with $102.50 if they win — your original $50 bet plus $52.50 (i.e. half of $105).
2. Against the Spread
Against the spread betting (commonly abbreviated as ATS) is probably the most common type of football betting. In Super Bowl 54, the Chiefs are one point favorites over the 49ers. On paper, this is written out as “Chiefs (-1)” or “49ers (+1)”. The one point spread means that, if you bet on the Chiefs (-1), you only win your bet if the Chiefs win by two points or more. If the Chiefs win 24-23, for example, you’re outta luck.
The flip side is that if you bet on the 49ers (+1), you’ll still win your bet even if the game is a tie.
If the Chiefs win by exactly one point, it’s called a “push,” and both sides get their money back.
Simple enough, right?
Bettors are often confused to see the spread change a couple of days after they’ve placed a bet. If a lot of money is being wagered on one team compared to the other, sportsbooks will shift the spread to encourage equal betting on both sides and reduce their potential for loss.
This happened quickly last year before Super Bowl 53. When the betting lines first opened, the LA Rams were a small favorite. But so much money was immediately bet on the New England Patriots that the spread shifted all the way to Patriots (-3).
These changes do not impact any bets that have already been placed.
The payout on spread betting is typically $1 for every $1.10 you wager, but can vary within a range. You’ll often see the payout listed as “-110,” which indicates that you must bet $110 to win $100.
Use the same approach outlined above for moneyline bets to calculate your payout when betting against the spread.
3. Over/Under Betting
Over/under betting (O/U) differs considerably from spread and moneyline betting in that it doesn’t involve picking the winner. The most common over/under bet is the game total, which involves predicting the total number of points that will be scored in the game.
As of January 20, the total for Super Bowl 54 was 53.5. Bettors can opt that the game will feature more than 53.5 points (taking the over) or fewer than 53.5 points (taking the under).
If you bet the over and the Chiefs win 30-25, you win your bet since the teams combined for 55 points. (That’s more than 53.5.) If the Chiefs win 30-22, you lose everything, since the total score of 52 is less than the total set beforehand by the sportsbooks.
Like with ATS betting, the game total can and will shift over time, depending on which side is receiving the majority of the money wagered. Pushes are also possible when betting the game total. Obviously, a push can only occur when the total is not a half number.
Just like the spread, O/Us have odds specific to each side of the line, meaning the payout isn’t always equal between the over and the under. As long as the action coming in on each side is roughly even, you’re likely to see odds of -110 on the Super Bowl totals line (bet $1.10 to win $1).
Super Bowl Props
The wager types discussed so far focus on the outcome of the game itself. The Super Bowl, however, is just as famous for its litany of prop bets. Some of these Super Bowl props can be downright bizarre, and many have nothing to do with football.
Prop bets feature any interesting propositions the sportsbooks can think of.
Prop bets touch on almost every aspect of the Super Bowl, from which team will win the opening coin toss to which player will score the first touchdown. Many of them focus on the performance of individual players. For example, who will have the most receiving yards? And how yards will Patrick Mahomes throw for?
The really fun ones have almost nothing to do with football. Here are a few favorites from this year’s props:
- Will Antonio Brown tweet during the game?
- Will Joe Buck or Troy Aikman say “1972 Miami Dolphins”?
- Will the Golden Gate Bridge be shown?
- Which auto brand commercial will air first?
- Will any players be arrested in Miami after the game?
Props can be constructed as moneyline or over under-style bets. Let’s look at a couple of examples to clarify.
“Who will score the first touchdown?” is a moneyline-style prop bet. Damien Williams is currently the favorite at +550. (Remember what that plus-sign means? If you bet $100 on Williams and he does score the first TD in the game, you’ll win $550.)
“How many songs will be played during the halftime show?” is an over/under style prop. The O/U is at 8. If seven songs are performed in total, the under will cash in. If nine lovely tunes are sung, the over wins.
Where Can I Bet on the Super Bowl?
Go look at your finances and see if you have some disposable income. If things are looking good, it’s time to explore this list for the best places to bet on NFL games online , and get in on the action!