Super Bowl Betting Odds

The Super Bowl is the biggest sporting event of the year and millions of viewers tune in to watch the game. Not only are sports fans watching, but they are using their favorite NFL online betting sites to preview the latest Super Bowl betting odds. All of the top online sports betting sites feature hundreds of Super Bowl betting lines that keep avid NFL football fans coming back each year. If you have yet to join a sports betting site because you do not fully understand the betting odds and different ways to bet on the Super Bowl, then you have come to the right page!

We will teach you everything you need to know about the types of odds at Super Bowl betting sites, ways to read different odds, and even go into the different types of Super Bowl bets. All you need to start betting on the most highly anticipated game of the year is an interest in football and the desire to earn some cash. After reading this page, you should be able to join any of the best NFL sports betting sites and begin betting on the Super Bowl!

Types Of Odds At Super Bowl Sportsbooks

When choosing which Super Bowl sportsbook to use, you may notice that odds are displayed in different ways. The type of odds that are displayed will depend largely on whether you are using a Super Bowl betting site that caters to American, UK, or European bettors. The odds may read differently, but all ultimately relay the same point- your potential payoff. We will walk you through each of the common odd types.

American Odds

American odds will be displayed in a format that features a (+/-) followed by a number. The (+) represents the team that the sportsbook has favored. This also indicates that your risk will be higher than your potential return. A (-) indicates that the team is the underdog, and that your stake will be less than the amount you can win. Here is an example of what American Super Bowl odds would look like:

Odds to Win Super Bowl 51 MVP

In this example, Tom Brady is favored to win MVP, and by betting $115 you would potentially win $100. Betting on Matt Ryan would mean that you are betting on the underdog, and you would only need to risk $100 to potentially earn $175.

Tom Brady (-115)
Matt Ryan (+175)

Fractional Odds

Fractional odds represent a bettor’s win to risk ratio. The first number in the odds is how much you can win, while the second number indicates how much you will need to risk. Take a look at the fractional odds example below:

New England Patriots 20/31 vs. Atlanta Falcons 27/20

To bet on the New England Patriots, you would win $20 for every $31 that is risked. Betting on the Atlanta Falcons would yield $27 with a lesser risk of $20. While there are not favorites and underdogs indicated with fractional odds, if the fraction is less than one you will have to risk more to win less, and vice versa if the fraction is more than 1.

Super Bowl Wagers: Moneyline, Totals, and Spreads

The first step toward making a Super Bowl bet is to have an understanding of the different wagering types. There are a number of different ways that you can bet on the Super Bowl and each has its own distinct advantages. Luckily, there are only a few different ways to bet and all are relatively easy to understand. The most common ways Super Bowl bets are totals, moneylines, and spreads.

Point Spread For Super Bowl 51

The point spread may be the most common way to bet during football season. The bet consists of a favorite and an underdog that are assigned an even point spread. The favored team covers the spread by winning the game with more scores than indicated by the bookmaker. To win by betting on the underdog, the team must lose the game by less than the indicated amount or win the game outright. Point spreads will sometimes be listed as whole numbers, but will often include a half-point to prevent a push (the final score falls exactly on the number posted by the oddsmaker). An example of a point spread provided by Bovada is below:

New England Patriots -3 (-120) vs. Atlanta Falcons +3 (Even)

Moneylines On super Bowl LI

Betting on the moneyline is the most straightforward type of bet, and is the most popular during the Super Bowl. You are simply betting on who will win the Super Bowl, no spread or total to take into consideration. When betting on the favorite you will need to risk more money than your potential payout, though it is often more common for the favored team to win. Betting on the underdog requires less risk and has a larger potential return, however the team was named as the underdog for a reason. While a moneyline bet seems very basic, it is always important to consider to use smart handicapping techniques to judge if there is more value in betting on the underdog.

New England Patriots (-160) vs. Atlanta Falcons (+140)

Over Under Bets For The Super Bowl

Totals are another popular wager type during the Super Bowl. These are also called over/unders, and in a moment you will see why. The bookmaker assigns a total amount of points that will be scored in the game, and bettors are able to wager on whether they believe this total will go over or under the specified amount. You are not betting on a particular team to win, or any other factors aside from total points. When betting on the over/under, research the overall score record of each team in order to gauge if it will be a high or low scoring game.

Over 59 ½ (-105) vs. 59 ½ (-115)

Click the image to bet on Super Bowl 51At Bovada

Super Bowl 51 Game Lines

Understanding SB Propositional Betting Odds

Proposition bets are the most entertaining bets that can be made during the Super Bowl. Rather than being limited to betting on who will win or lose the game, you can wager on every single aspect of the event. Novelty props such as how long the national anthem will run are popular, but you can bet on the total number of field goals, receptions, or tackles and assists. The betting odds on prop bets can vary greatly depending on the type of prop you’re betting. For instance the odds on future props are much higher than player game props due to the risk involved relative to each bet. There are general game props and those that are specific to each team or individual players. Prop bets can be particularly lucrative for sports bettors that are knowledgeable on the latest team and player stats.

Game props For The Super Bowl

Game props include scenarios that are not specifically tied to one team or player. These are related to the overall game, excluding the final outcome. Game props allow you to bet on general aspects of the game without necessarily going for or against a certain team, but rather for a certain event to happen or not happen. The betting odds on a Super Bowl prop asking which team gained the most first downs would be less than a prop bet asking if there will be overtime. Why? Because one team will definitely have more first downs it’s simply a coin flip and the odds would reflect that. Whereas overtime games happen far less than fifty percent of the time and there again you’ll see that reflected in the odds. You can also choose bets that only pertain to the first half of the game or a certain quarter. A few examples of game props include the longest successful field goal in the game or how many yards the first touchdown of the game will be.

SB Player Prop Bets

Player props are focused on the performance of an individual player throughout the game. This is where knowing average player stats comes into play, as many of these bets will be based off of performance throughout the season. Player props can be a valuable alternative when there is a clear favorite that comes with a hefty price on the moneyline. For example, if you know that Team A’s QB is likely to pass for more yards than Team B to win the game, you may find better odds on the QB’s total passing TD’s. How many total touchdown passes will Tom Brady throw is certain to make an appearance on the betting board. Other QB props may include will Matt Ryan throw a touchdown or an interception first. You will also see a variety of rushing props, receiving props, and more.

Team Props For The Super Bowl

Every sports fan loves to bet on their favorite team, and team props allow you to do just that. These bets are limited to team-specific scenarios and events. These bets can be as general as how many sacks will the New England Patriots have in the game, to specifics such as if the Atlanta Falcons will score a touchdown in a certain quarter. The betting odds for team props will depend on the performance of the team for the year. Let’s explore betting odds on whether or not the offense or defense will score first. The obvious choice would be the offense, however betting on the rare scenario of a safety, pick 6, or even a fumble return for a touchdown would offer a much greater payout. You will also find that some team props may have odds on certain players, such as who will be the first touchdown scorer on the Patriots.

Best Super Bowl 51 Prop Bets

Every year oddsmakers post hundreds of proposition bets for millions of sports bettors to put money on. There are novelty bets for those looking to purely have fun with Super Bowl betting, and also team and player props that hold good value. We have put together a list of the top Super Bowl proposition bets for every caliber of bettor, ranked from those with entertainment value to those that serious bettors should consider.

10. Over/under on the national anthem
9. Result of the coin toss
8. Color of the Gatorade shower
7. Odds the Super Bowl winner returns to the next Super Bowl
6. Odds on which team gets more sacks
5. Super Bowl MVP odds
4. Who will score the first touchdown in the Super Bowl?
3. Highest scoring half
2. Odds to throw more touchdowns
1. Over/under on the final score of the Super Bowl

Bovada – $250 Welcome Bonus + Best Super Bowl 51 Props

You will not find an online sports betting site with more Super Bowl 51 action than Bovada.lv. Before you even place your first bet on the New England Patriots or Atlanta Falcons, there are opportunities to increase your bankroll. The $250 Welcome Bonus for new players will match your deposit by 50%, giving you up to $250 extra to bet with. No special promo code is needed, just visit the “Bonus” page of your account. You can use the bonus to place any type of SB 51 wager that you want, such as betting on the moneyline, total, or spread. There are no limitations to what you can bet on at Bovada, and the Super Bowl 51 props section is always stacked. Betting heads or tails on the coin toss is a staple at the sportsbook, but there are a number of player, team, and game props to choose from. How many total passing yards will Tom Brady have? How many total rushing yards for Devonta Freeman? Bovada has every type of prop that you can imagine.

The best part about Super Bowl 51 betting at Bovada is that you can do it from anywhere. The sportsbook lets you bet from any iOS, Android, or Windows device while on the go. This means that while you’re watching the game at your favorite bar, you can check the latest odds and stats at Bovada. No download is required, just visit the Bovada.lv site from your handheld device to begin wagering. The live Super Bowl LI betting section is also available from your device, so you can see the odds being posted during every play of the game! You can create your free Bovada account, make a deposit, and even bet live all from your mobile phone. Head on over to the sportsbook now to begin wagering on SB51!