Online Sportsbook Betting Guide for Super Bowl - Learn the Steps to Place Your Bets on the Web for Super Bowl Events
The 58th Super Bowl is just around the corner, with the much-anticipated clash between the San Francisco 49ers and Kansas City Chiefs scheduled for February 11th. Betting on the Super Bowl can be a daunting task for both new and experienced bettors, given the vast array of betting options. To help you navigate the process, we break down the three primary ways to bet on NFL games, including Super Bowl 58.
Legality and Regulation
Before diving into the betting options, it's essential to verify that sports betting is legal and regulated in your state. If so, you can proceed to place bets on the Super Bowl.
Types of Super Bowl Bets
Moneyline
The moneyline bet is the simplest bet to place. This bet requires you to simply pick the outright winner of the game, regardless of the final point margin. American odds for the moneyline are presented with a positive or negative sign.
- A negative sign (−) indicates the favorite, showing the amount you need to wager to win $100. For example, if a team’s Moneyline is −140, you must bet $140 to win $100.
- A positive sign (+) indicates the underdog, with a payout of $100 if you bet $100. If a team’s Moneyline is +120, a $100 bet pays out $120.
Spread
The spread is used to level the playing field between the favorite and underdog by assigning a points advantage or disadvantage. The favorite must win by more than the specified number of points for a bet on them to be successful, while the underdog can either lose by fewer points than the spread or win the game. Spread bet odds are generally around −110.
Over/Under (Totals)
Over/Under bets focus on the total combined points scored by both teams, rather than the outcome of the game itself. The sportsbook sets a total point target, and bettors wager on whether the actual total will be over or under that number. Like spread bets, Over/Under bets usually have odds around −110.
By understanding these three primary betting options, you can confidently navigate the multitude of Super Bowl 58 wagers and make informed decisions. Additionally, many online sportsbooks offer sign-up bonuses and promos for new users, providing excellent chances to maximize your winnings. Don't miss out on the opportunity to make this Super Bowl an exciting and potentially profitable experience!
- Check if sports betting is legal and regulated in your state before placing any Super Bowl 58 bets.
- The moneyline bet requires you to pick the outright winner of the game, with American odds presented as either a negative or positive value.
- For moneyline bets, a negative sign (-) indicates the favorite, signifying the amount you need to wager to win $100, such as betting $140 to win $100 if a team’s Moneyline is -140.
- A positive sign (+) indicates the underdog, promising a payout of $100 if you bet $100, such as a $100 bet paying out $120 if a team’s Moneyline is +120.
- The spread is used to even the odds between the favorite and underdog by assigning a points advantage or disadvantage. In a spread bet, the favorite must win by more than the specified number of points, while the underdog can either lose by fewer points or win the game.
- Over/Under, also known as totals, focus on the combined points scored by both teams, with sportsbooks setting a total point target and bettors wagering on whether the total will be over or under that number.
- Spread and Over/Under bets usually have odds around -110, similar to other betting options.
- Online sportsbooks often provide sign-up bonuses and promotions for new users, offering increased potential for winnings.
- Embrace the excitement of Super Bowl 58 by understanding these betting options and benefiting from available promotions to make informed decisions and potentially boost your winnings.
