What Are the Las Vegas Betting Odds on the Super Bowl?

The NFL season is in full swing, and with the regular season just a few days away, excitement around the country is at its peak. As you may know, February is one of the biggest months in sports, as many big events happen throughout the month. One of the biggest events is the Super Bowl, which is currently being played in Atlanta. This year’s Super Bowl will be a rematch of last year’s Super Bowl, with the New England Patriots facing off against the Philadelphia Eagles. It will be played on February 4; however, you may now place bets on the Super Bowl with a total of 47 legal betting options as of this writing.

The Point Spread

The point spread or total points bet is the most popular option amongst NFL bettors. In a nutshell, the point spread or total points bet lets you pick whether the points scored by the two teams will be above (spread betting) or below (total betting) a certain amount. For example, if you choose to bet on the New England Patriots versus the Philadelphia Eagles, you would place a wager of either “+3” (for a spread bet) or “-3” (for a total bet) on New England to win. In both cases, the over/under will be determined by the total amount of points scored in the game. If you place the correct wager, you will win your stake; however, if the game ends in a tie, there is no payout.

The Over/Under

The over/under is the second most popular option amongst NFL bettors. An over/under bet lets you choose whether the total amount of points scored in a game will be higher or lower than the amount scored in the previous year’s version of the same game. For example, if you choose to bet on the New England Patriots versus the Philadelphia Eagles, you would place a wager of either “+3” (for an over bet) or “-3” (for an under bet) on the underdogs. If your pick comes true, you will win your stake; however, if the total amount of points scored by both teams is the same as in the previous game, there is no payout. Because the over/under is based on previous games, it is also widely available for betting.

To make things more interesting, several betting options for the Super Bowl are currently available. Bettors can wager on virtually all 48 plays in the game, including the coin toss and two-minute warning, as well as on the point spread and over/under. Las Vegas sportsbooks offer a money-back guarantee if the bet loses, so there is always that option available if you do not want to risk your investment.