Super Bowl Betting

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Super Bowl 2023 Odds

There’s a reason they call it the Big Game. The Super Bowl is easily the most popular single-game event in US sports. On the second Sunday in February, over 100 million Americans, and countless more around the world, will gather around the screen and watch two teams battle it out to become the National Football League champions.

The 2022-23 NFL Season is set to begin on September 8, with the Bills against the Rams. To see the dates and games for all 18 weeks, you can find the full 2022 NFL Schedule here. The 2023 Super Bowl will take place on February 12, 2023 at State Farm Stadium in Arizona. This will be the fourth Super Bowl hosted by Phoenix Metropolitan Area. The last Super Bowl to be held at State Farm Stadium was Super Bowl XLIX in 2015, where the New England Patriots beat the Seattle Seahawks.

On average, over 33% of viewers place a stake on the Super Bowl. Bovada Sportsbook’s Super Bowl odds board is the place to be for the Big Game. There are hundreds of different ways you can bet on the Super Bowl, such as spread betting, futures, props and more... Betting on the Super Bowl has never been easier than it is today with Bovada. Here’s a quick step-by-step guide for how to get your money down.

How To Bet On The Super Bowl 

1. Sign Up for Your Free Bovada Account

If you haven’t already completed Step 1, just fill out our registration form to create your Bovada Sportsbook account, free of charge. We’ll verify your age and location to make sure you’re eligible, then your account will be up and running in no time.

2. Make Your First Deposit

Now that you’ve gotten the lay of the land, it’s time to put some money in your Bovada Sportsbook account. You have several different options for making deposits and withdrawals, but these days, crypto gambling is best in the United States. You can start your account with as little as $10 if you use Bitcoin (including Bitcoin Cash and Bitcoin SV), or Litecoin for your initial deposit.

3. Claim Your Welcome Bonus

Here’s another good reason to use crypto at Bovada: extra bonus cash. Our generous welcome bonus packages get even larger when you make your first deposit using any of our accepted digital coins, and we’ve recently added Ethereum and Tether to our growing list. Visit our Promotions page to learn more about all of the bonus money you can collect at Bovada.

4. Browse Bovada’s Super Bowl Odds

Even when the Big Game isn’t just around the corner, you can still bet on which team will win the next Super Bowl by visiting the NFL futures page at Bovada Sportsbook. There's odds to win the Super Bowl available all year round. However, the action reaches its peak in early February, just before the big game takes place. Be sure to keep checking the Super Bowl odds page at Bovada as we offer Super Bowl props, spreads, moneylines and even more.

5. Fill out Your Bet Slip

Your first Super Bowl bet is just moments away. Choose the Super Bowl bet you want to back, and your selection will appear on your Bet Slip. Next, decide how much money you want to wager; enter that amount in the Risk field, and you’ll see the amount you can earn in the Win field. Make any changes you’d like at this point before hitting the “Place Bets” button, and presto – you’ve made your first bet on the Super Bowl.

6. Enjoy the Big Game

There’s nothing like watching the Super Bowl when you’ve got something extra on the line for yourself. Millions of Americans will print out their checklist of Super Bowl props at Bovada and follow their progress as the game goes on, everything from the pre-game coin flip to which color sports beverage will be dumped over the winning head coach. Now you have your bet placed, you can sit back and watch the game.

If you are looking for more betting action when the game is on, live Super Bowl betting is also available at Bovada, allowing you to wager on the outcome of every single play.

Congratulations. You’re now ready to get your first Super Bowl bets down at Bovada Sportsbook. But don’t stop there: We’ve got a treasure trove full of useful NFL articles at Bovada Sportsbook to help you become a smarter bettor. Our FAQ and Help guides will also give you more detailed information on Super Bowl betting than we could possibly fit here. The more you know, the more you’ll enjoy the Big Game, so keep reading, keep learning, and we’ll see you on the gridiron.

Types of Super Bowl Bets

Bovada Sportsbook has literally hundreds of different Super Bowl odds and bets lined up for you every year. And, you don’t even have to wait until the Big Game to get started. Let’s take a closer look at what’s on tap at Bovada.

Point Spread

The point spread is still the most popular way to bet on the NFL action. Introduced in the 1940s, the spread makes football betting easy by turning it into as close to a coin flip as possible. As an example, here’s how it would have looked for Super Bowl I back in 1967:

Kansas City +14 (–110)

Green Bay         –14 (–110)

The Packers were the designated home team for Super Bowl I in Los Angeles, so they’re listed at the bottom. And as the reigning NFL champions, Vince Lombardi’s Green Bay Packs were heavily favored over Hank Stram’s upstarts from the nascent AFL. ,

In this case, Green Bay had to win by more than 14 points to cover the spread and pay out their supporters. The underdogs from Kansas City (as indicated by their positive odds) only needed to hold the Packers within 13 points to cover; if Green Bay had won by exactly 14 points, Super Bowl I would have been a push, and all those Super Bowl bets would have been refunded.

Green Bay ended up winning this game 35-10; they covered the spread as they won by more than 14 points. Therefore, anyone who bet on the Packers would have won at odds of -110. These odds mean if you bet $110, you would have won $100 ($210 total). Super Bowl spreads betting is available at Bovada Sportsbook after the conference championships conclude. Just head on over to our Super Bowl odds page to see view the markets available.

Moneyline

The moneyline is the old-school “fixed-odds” way to bet on sports. Instead of covering a point spread, a team only has to win the game straight-up to pay their supporters. Here’s a hypothetical example for the same game as above: 

Kansas City +550

Green Bay –900

Again, the American odds format is used here. As the winners, Green Bay paid out $100 for every $900 wagered, while Kansas City would have paid $550 for every $100 had they pulled off the upset.

Super Bowl moneyline bets are super easy and therefore, a popular betting market. You can find moneyline Super Bowl odds at Bovada once the two teams for the big game are established. 

Total

The next addition to the family of Super Bowl bets was the total, which made its debut at Super Bowl II between the Packers and the Oakland Raiders. Here’s how the Total odds looked for that game:

Green Bay O 43 (–110)

Oakland U 43 (–110)

The Packers were the road team this time, although that doesn’t affect how you read NFL totals; the important number here is 43, which is the over/under (O/U) for how many points the two teams will combine to score. Green Bay beat Oakland 33-14 at Super Bowl II, so the total score was over 43 (47). Over paid out $100 for every $110 wagered.

Total bets for the Super Bowl are available at Bovada Sportsbook. Once the upcoming Super Bowl teams are confirmed, you can find total odds and markets for the big game almost immediately. s

Props Sheets

Super Bowl bets really took off in 1986, thanks to the arrival of William “The Refrigerator” Perry. He was the subject of the first Super Bowl proposition bet, or “prop” for short. A prop bet is a wager on anything other than the outcome of the game itself. It could be whether the opening coin toss will land Heads or Tails, or what color sports drink will get dumped over the winning head coach

Will William Perry Score a TD at Super Bowl XX?

YES +2000

For this Super Bowl prop, there was so much action on Perry that the odds were lowered to +200 by kick-off. And yes, Perry did find the end zone as the Chicago Bears beat the New England Patriots 46-10.

Prop bets are extremely popular and Bovada offers hundreds of Super Bowl props every year. So much so, Bovada offers a Super Bowl prop sheet too. The prop sheet is a super fun way to compete against friends and family to predict what will happen during the game.

Parlays

Why bet on just one outcome when you can bet on as many as 12? Parlays allow you to take a batch of “single” bets (spreads, moneylines, totals) and combine them into one big bet that pays out exponentially if all your picks come true. It could be as simple as betting both the spread and the total from the same game, like Cincinnati Bengals +4.5 and Under 48.5 at Super Bowl LVI. Or you could try loading your parlay card with the maximum 12 lines for the biggest payout possible. Just remember, it takes only one miss for the entire bet to go south.

Teasers

An NFL teaser is essentially a parlay where you move the lines for each selection by 6, 6.5 or 7 points, to make it easier for your picks to come through – with the payouts reduced in turn. For example, at Super Bowl LVI, a 6-point teaser of Los Angeles +2.5 and Over 42.5 would have cashed in when the Rams won 23-20.

Futures

Last on our list of Super Bowl bets at Bovada Sportsbook is the classic Super Bowl futures markets, where you bet on the outcome of a larger series of events – like who will win the next championship. You can make that bet right now at Bovada.

All of these Super Bowl bets and more are waiting for you at Bovada Sportsbook. Just head on over to our latest Super Bowl odds and markets to see exactly what is available!

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